Global Nano PLC Market Will Grow at a CAGR of 7.96% During Forecast Period 2016-2020

ResearchMoz added Latest Research Report titled " Global Nano PLC Market 2016-2020: Worldwide Market Size, Shares, Trends, Growth, Survey and Forecast report " to it's Large Report database.

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Albany, NY -- (SBWire) -- 10/20/2016 --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

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

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

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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/733886