Global Nano PLC Market to Grow at a CAGR of 7.96% During 2016-2020: MarketResearchReports.Biz

MarketResearchReports.Biz has announced addition of new report “Global Nano PLC Market 2016-2020” to its database.

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Albany, NY -- (SBWire) -- 05/06/2016 --About Nano Programmable Logic Controllers (PLC)

Nano PLCs are low-end PLCs with limited number of I/Os. These PLCs are generally programmed with ladder logic or function-block programming languages.
Some of the common features of all brands of nano PLCs include the following:
The basic module has digital I/Os and some analog inputs
They are expandable up to around 40 digital and 10 analog I/O
They can be connected to larger systems, and are used as intelligent remote I/O systems with the attachment of communication modules
They have no real time behavior and cannot handle fast interrupt routines
Nano PLCs are designed for small automated systems used in industrial and commercial applications. They are used in the following industrial applications:
Automation of small packaging, assembly, production, finishing, and dispensing machines
Decentralized automation of auxiliary equipment of large and medium sized machines in the food and beverage, textiles, plastics and material processing sectors
Automated systems for agricultural machinery (irrigation equipment, pumps, and motors) and wastewater treatment industry

Technavios analysts forecast the global nano PLC market to grow at a CAGR of 7.96% during the period 2016-2020.

View Full Report at http://www.marketresearchreports.biz/analysis/715917

Covered in this report

The report covers the present scenario and the growth prospects of the global nano PLC market for 2016-2020. To calculate the market size, the report considers the revenue generated from sales and aftermarket services of nano PLCs.

The market is divided into the following segments based on geography:

Americas
APAC
EMEA

Technavio's report, Global Nano Programmable Logic Controller Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Mitsubishi Electric
Rockwell Automation
Schneider Electric
Siemens

Other prominent vendors
ABB
Bosch Rexroth
GE
Hitachi
Honeywell International
IDEC

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Market driver
Growth in home and building automation market
For a full, detailed list, view our report

Market challenge
Security risks
For a full, detailed list, view our report

Market trend
Nano PLCs equipped with IoT communication capabilities
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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View this press release online at: http://rwire.com/687381