Monday, May 9th, 2016 adds Global Micro PLC Market 2016-2020 latest research report, the analysts forecast global Micro PLCs market to grow at a CAGR of 8.17% during the period 2016-2020.

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According to the micro plc market report, miniaturization of industrial control systems is increasing in the factory automation industry. Customers look for small form factors that can provide the same functionalities and features of larger devices, while consuming low power. Germany initiated Industry 4.0 to increase production efficiency and maintain competitiveness in a smarter and greener way. This has led to the rise in smart factories that are intelligently connected and automated. Industrial controllers that are critical for smart factories are evolving toward miniaturization with high performance capabilities.

The global micro PLC market at present, integration of HMI in micro PLCs is one of the major trends in the market. Vendors of micro PLCs are coming up with products with wider HMI screen compared to earlier generations. These HMIs display user-friendly graphic icons, send and receive text messages, and change displays according to the progression of the manufacturing process in an industrial production line.

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Micro PLCs incorporate I/O modules in the range of 24-128. They have opened up new perspectives in industrial control systems due to their compact dimension and low cost. Micro PLCs provide added functions in smaller packages, and are efficiently used in control applications in which space is limited. They can handle complex sequencing functions and switching of small control devices. They have an efficient price-performance ratio, and are used for simple and complex automation tasks in various industries, including food and beverage, automotive, chemical, pharmaceutical, metals and mining, paper and plastic manufacturing, conveyor systems, and packaging.

Global Micro PLC Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. This 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. This report covers the present scenario and the growth prospects of global micro PLC market for 2016-2020. To calculate the market size, the report considers the revenue generated from sales and aftermarket services of global micro PLCs market. Micro PLCs are compact PLCs with greater than 24 and lesser than 128 I/Os.

The Micro PLC market is divided into the following segments based on geography: Americas, APAC and EMEA

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Key players in the global Micro PLC market: Mitsubishi Electric, OMRON, Rockwell Automation, Schneider Electric, and Siemens.

Other prominent vendors in the market are: ABB, Beckhoff, Bosch Rexroth, GE, Hitachi, Honeywell International, IDEC, Yaskawa, and Yokogawa.

Further, the report states that the high preference for industrial PCs among end-users should have a negative influence on the demand for micro PLCs.

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Micro PLC Market, Micro PLC Industry, Global Micro PLC Market, Micro PLC Market 2016, Market Research Reports




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