The Nano PLC market in Asia-Pacific was valued at US$ 1,169.4 million in 2019 and is projected to reach US$ 2,008.6 million by 2027; it is expected to grow at a CAGR of 7.1% from 2020 to 2027.
The nano PLC market is anticipated to witness impressive growth over the forecast period. The growing demand for compact automation solutions in industries and rising preference for the upgrading of conventional control systems with nano PLCs are among the major factors driving the Asia-Pacific nano PLC market growth.
Nano PLCs result in improved productivity with cost savings. A few of the major areas in industries where nano PLCs are being used include infrastructure, production floor, handling machines, and service floor. Light control, gate and barrier control, exhaust and filters, conveyor belt operation, pump control, operator monitoring and control, package and label, alarm signaling, and voltage monitoring are among the common applications boosting the demand for compact automation solutions, such as nano PLCs.
Detailed reports include inventory and volume analysis, top-selling items, revenue and profit margin optimization, and staffing needs. With these features and technologies, vendors can attract new customers and expand their footprints in emerging markets. The Asia-Pacific Nano PLC market is expected to grow at a good CAGR during the forecast period from 2020 to 2027.
Rest of Asia-Pacific Nano PLC Market Revenue and Forecast to 2027 (US$ Mn)
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Asia-Pacific Nano PLC Market–Segmentation
Asia-Pacific Nano PLC Market, by Component
- Hardware
- Software
Asia-Pacific Nano PLC Market, by Type
- Fixed Nano PLC
- Modular Nano PLC
Asia-Pacific Nano PLC Market, by Industry
- Automotive
- Energy & Power
- Home and Building
- Automation
- Oil & Gas
- Pharmaceuticals
- Metals & Mining
- Others
Asia-Pacific Nano PLC Market, by Country
- Australia
- China
- India
- Japan
- South Korea
- Rest of APAC
Asia-Pacific Nano PLC Market-Companies Mentioned
- Mitsubishi Electric Corporation
- OMRON Corporation
- Rockwell Automation, Inc.
- Schneider Electric SE
- Siemens AG
- Rockwell Automation, Inc.
- Keyence Corporation
- IDEC Corporation
- Emerson Electric Co.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Component, Type, Industry
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Australia, China, Japan, South Korea
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Nano PLC Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Asia-Pacific
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Nano PLC Market –Market Dynamics
5.1 Market Drivers
5.1.1 Adoptions of Digitalization and Process Automation
5.1.2 Several Advantages of PLCs
5.2 Market Restraints
5.2.1 Availability of Conventional Control Devices May Impact The Growth
5.3 Market Opportunities
5.3.1 Building Automation Covers Both Commercial And Residential Complexes
5.4 Future Trends
5.4.1 Rising technological advancements to incorporate progressive features
5.5 Impact Analysis of Drivers and Restraints
6. Nano PLC Market – Asia-Pacific Analysis
6.1 Nano PLC Market Asia-Pacific Overview
6.2 Nano PLC Market – Revenue and Forecast to 2027 (US$ Million)
7. Nano PLC Market Analysis – By Component
7.1 Overview
7.2 Nano PLC Market, by Component (2019 and 2027)
7.3 Hardware
7.3.1 Overview
7.3.2 Hardware: Nano PLC Market – Revenue and Forecast to 2027 (US$ Million)
7.3.2.1 Processor
7.3.2.2 Processor Market: Nano PLC Market – Revenue and Forecast to 2027 (US$ Million)
7.3.2.3 Power Supply
7.3.2.4 Power Supply Market: Nano PLC Market – Revenue and Forecast to 2027 (US$ Million)
7.3.2.5 Input/Output (I/O)
7.3.2.6 Input/Output (I/O) Market: Nano PLC Market – Revenue and Forecast to 2027 (US$ Million)
7.3.2.7 Other Types of Hardware
7.3.2.8 Other Types of Hardware: Nano PLC Market – Revenue and Forecast to 2027 (US$ Million)
7.4 Software
7.4.1 Overview
7.4.2 Software: Nano PLC Market – Revenue and Forecast to 2027 (US$ Million)
8. Nano PLC Market Analysis– By Type
8.1 Overview
8.2 Nano PLC Market, by Type (2019 and 2027)
8.3 Fixed Nano PLC
8.3.1 Overview
8.3.2 Fixed Nano PLC: Nano PLC Market – Revenue and Forecast to 2027 (US$ Million)
8.4 Modular Nano PLC
8.4.1 Overview
8.4.2 Modular Nano PLC: Nano PLC Market – Revenue and Forecast to 2027 (US$ Million)
9. Nano PLC Market Analysis – By Industry
9.1 Overview
9.2 Nano PLC Market Breakdown, by Industry (2019 and 2027)
9.3 Automotive
9.3.1 Overview
9.3.2 Automotive Market Revenue and Forecast to 2027 (US$ Million)
9.4 Energy & Power
9.4.1 Overview
9.4.2 Energy & Power Market Revenue and Forecast to 2027 (US$ Million)
9.5 Home & Building Automation
9.5.1 Overview
9.5.2 Home & Building Automation Market Revenue and Forecast to 2027 (US$ Million)
9.6 Oil & Gas
9.6.1 Overview
9.7 Pharmaceuticals
9.7.1 Overview
9.7.2 Pharmaceutical Market Revenue and Forecast to 2027 (US$ Mn)
9.8 Metals & Mining
9.8.1 Overview
9.8.2 Metals and Mining Market Revenue and Forecast to 2027 (US$ Mn)
9.9 Other Industries
9.9.1 Overview
9.9.2 Other Industries Market – Revenue and Forecast to 2027 (US$ Million)
10. Asia-Pacific Nano PLC Market – Country Analysis
10.1 Asia-Pacific : Nano PLC Market
10.1.1 Asia-Pacific : Nano PLC Market – Revenue and Forecast to 2027 (US$ Million)
10.1.2 Asia-Pacific : Nano PLC Market, by Key Country
10.1.2.1 Australia: Nano PLC Market – Revenue and Forecast to 2027 (US$ Million)
10.1.2.1.1 Australia: Nano PLC Market, by Component
10.1.2.1.2 Australia: Hardware Market, by Component
10.1.2.1.3 Australia: Nano PLC Market, by Type
10.1.2.1.4 Australia: Nano PLC Market, by Industry
10.1.2.2 China: Nano PLC Market – Revenue and Forecast to 2027 (US$ Million)
10.1.2.2.1 China: Nano PLC Market, by Component
10.1.2.2.2 China: Hardware Market, by Component
10.1.2.2.3 China: Nano PLC Market, by Type
10.1.2.2.4 China: Nano PLC Market, by Industry
10.1.2.3 India: Nano PLC Market – Revenue and Forecast to 2027 (US$ Million)
10.1.2.3.1 India: Nano PLC Market, by Component
10.1.2.3.2 India: Hardware Market, by Component
10.1.2.3.3 India: Nano PLC Market, by Type
10.1.2.3.4 India: Nano PLC Market, by Industry
10.1.2.4 JAPAN: Nano PLC Market – Revenue and Forecast to 2027 (US$ Million)
10.1.2.4.1 JAPAN: Nano PLC Market, by Component
10.1.2.4.2 JAPAN: Hardware Market, by Component
10.1.2.4.3 JAPAN: Nano PLC Market, by Type
10.1.2.4.4 JAPAN: Nano PLC Market, by Industry
10.1.2.5 South Korea: Nano PLC Market – Revenue and Forecast to 2027 (US$ Million)
10.1.2.5.1 South Korea: Nano PLC Market, by Component
10.1.2.5.2 South Korea: Hardware Market, by Component
10.1.2.5.3 South Korea: Nano PLC Market, by Type
10.1.2.5.4 South Korea: Nano PLC Market, by Industry
10.1.2.6 Rest of Asia-Pacific : Nano PLC Market – Revenue and Forecast to 2027 (US$ Million)
10.1.2.6.1 Rest of Asia-Pacific : Nano PLC Market, by Component
10.1.2.6.2 Rest of Asia-Pacific : Hardware Market, by Component
10.1.2.6.3 Rest of Asia-Pacific : Nano PLC Market, by Type
10.1.2.6.4 Rest of Asia-Pacific : Nano PLC Market, by Industry
11. Nano PLC Market- COVID-19 Impact Analysis
11.1 Overview
11.2 Asia-Pacific
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Merger and Acquisition
12.4 New Development
13. Company Profiles
13.1 Crouzet Automatismes SAS
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Emerson Electric Co.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 EZAutomation
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 IDEC Corporation
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Keyence Corporation
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Mitsubishi Electric Corporation
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 OMRON Corporation
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Rockwell Automation, Inc.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Schneider Electric SE
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Siemens AG
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. Nano PLC Market – Revenue and Forecast to 2027 (US$ Million)
Table 2. Asia-Pacific : Nano PLC Market, by Component – Revenue and Forecast to 2027 (US$ Million)
Table 3. Asia-Pacific : Nano PLC Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 4. Asia-Pacific : Nano PLC Market, by Industry– Revenue and Forecast to 2027 (US$ Million)
Table 5. Australia: Nano PLC Market, by Component – Revenue and Forecast to 2027 (US$ Million)
Table 6. Australia: Hardware Market, by Component – Revenue and Forecast to 2027 (US$ Million)
Table 7. Australia: Nano PLC Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 8. Australia: Nano PLC Market, by Industry – Revenue and Forecast to 2027 (US$ Million)
Table 9. China: Nano PLC Market, by Component – Revenue and Forecast to 2027 (US$ Million)
Table 10. China: Hardware Market, by Component – Revenue and Forecast to 2027 (US$ Million)
Table 11. China: Nano PLC Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 12. China: Nano PLC Market, by Industry – Revenue and Forecast to 2027 (US$ Million)
Table 13. India: Nano PLC Market, by Component – Revenue and Forecast to 2027 (US$ Million)
Table 14. India: Hardware Market, by Component – Revenue and Forecast to 2027 (US$ Million)
Table 15. India: Nano PLC Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 16. India: Nano PLC Market, by Industry – Revenue and Forecast to 2027 (US$ Million)
Table 17. JAPAN: Nano PLC Market, by Component – Revenue and Forecast to 2027 (US$ Million)
Table 18. JAPAN: Hardware Market, by Component – Revenue and Forecast to 2027 (US$ Million)
Table 19. JAPAN: Nano PLC Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 20. JAPAN: Nano PLC Market, by Industry – Revenue and Forecast to 2027 (US$ Million)
Table 21. South Korea: Nano PLC Market, by Component – Revenue and Forecast to 2027 (US$ Million)
Table 22. South Korea: Hardware Market, by Component – Revenue and Forecast to 2027 (US$ Million)
Table 23. South Korea: Nano PLC Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 24. South Korea: Nano PLC Market, by Industry – Revenue and Forecast to 2027 (US$ Million)
Table 25. Rest of Asia-Pacific : Nano PLC Market, by Component – Revenue and Forecast to 2027 (US$ Million)
Table 26. Rest of Asia-Pacific : Hardware Market, by Component – Revenue and Forecast to 2027 (US$ Million)
Table 27. Rest of Asia-Pacific : Nano PLC Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 28. Rest of Asia-Pacific : Nano PLC Market, by Industry – Revenue and Forecast to 2027 (US$ Million)
Table 29. List of Abbreviation
LIST OF FIGURES
Figure 1. Nano PLC Market Segmentation
Figure 2. Asia-Pacific Nano PLC Market Segmentation – By Country
Figure 3. Asia-Pacific Nano PLC Market Overview
Figure 4. Hardware Segment Held the Largest Share During Forecast Period
Figure 5. Modular Nano PLC Segment to Show Remarkable Growth During Forecast Period
Figure 6. Home & Building Automation to Show Remarkable Traction During Forecast Period
Figure 7. Asia-Pacific Nano PLC Market, Industry Landscape
Figure 8. Asia-Pacific : PEST Analysis
Figure 9. Ecosystem Analysis
Figure 10. Expert Opinion
Figure 11. Nano PLC Market Impact Analysis of Drivers and Restraints
Figure 12. Nano PLC Market – Revenue and Forecast to 2027 (US$ Million)
Figure 13. Nano PLC Market Revenue Share, by Component (2019 and 2027)
Figure 14. Hardware: Nano PLC Market – Revenue and Forecast to 2027 (US$ Million)
Figure 15. Processor Market: Nano PLC Market – Revenue and Forecast to 2027 (US$ Million)
Figure 16. Power Supply Market: Nano PLC Market – Revenue and Forecast to 2027 (US$ Million)
Figure 17. Input/Output (I/O) Market: Nano PLC Market – Revenue and Forecast to 2027 (US$ Million)
Figure 18. Other Types of Hardware: Nano PLC Market – Revenue and Forecast to 2027 (US$ Million)
Figure 19. Software: Nano PLC Market – Revenue and Forecast to 2027 (US$ Million)
Figure 20. Nano PLC Market Revenue Share, by Type (2019 and 2027)
Figure 21. Fixed Nano PLC: Nano PLC Market – Revenue and Forecast to 2027 (US$ Million)
Figure 22. Modular Nano PLC: Nano PLC Market – Revenue and Forecast to 2027 (US$ Million)
Figure 23. Nano PLC Market Breakdown, by Industry (2019 and 2027)
Figure 24. Automotive Market Revenue and Forecast to 2027(US$ Million)
Figure 25. Energy & Power Market Revenue and Forecast to 2027(US$ Million)
Figure 26. Home & Building Automation Market Revenue and Forecast to 2027(US$ Million)
Figure 27. Oil & Gas Market Revenue and Forecast to 2027(US$ Mn)
Figure 28. Pharmaceutical Market Revenue and Forecast to 2027(US$ Mn)
Figure 29. Metals and Mining Market Revenue and Forecast to 2027(US$ Mn)
Figure 30. Other Industries Market – Revenue and Forecast to 2027 (US$ Million)
Figure 31. Asia-Pacific : Nano PLC Market – Revenue and Forecast to 2027 (US$ Million)
Figure 32. Asia-Pacific : Nano PLC Market Revenue Share, by Key Country (2019 and 2027)
Figure 33. Australia: Nano PLC Market – Revenue and Forecast to 2027 (US$ Million)
Figure 34. China: Nano PLC Market – Revenue and Forecast to 2027 (US$ Million)
Figure 35. India: Nano PLC Market – Revenue and Forecast to 2027 (US$ Million)
Figure 36. JAPAN: Nano PLC Market – Revenue and Forecast to 2027 (US$ Million)
Figure 37. South Korea: Nano PLC Market – Revenue and Forecast to 2027 (US$ Million)
Figure 38. Rest of Asia-Pacific : Nano PLC Market – Revenue and Forecast to 2027 (US$ Million)
Figure 39. Impact of COVID-19 Pandemic in Asia-Pacific Country Markets
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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