Europe Nano Programmable Logic Controllers (PLC) Market 2022-2032 by Component (Hardware, Software, Services), Product Type (Fixed, Modular), Industry Vertical, and Country: Trend Forecast and Growth Opportunity
Europe nano programmable logic controllers (PLC) market was valued at $951.1 million in 2022 and will grow by 6.1% annually over 2022-2032, driven by the rising adoption of automation systems in various industries, the growing requirement for compact automation solutions, enhanced efficiency and durability of nano PLCs, and increased need for high-voltage operating devices.
Highlighted with 24 tables and 49 figures, this 105-page report “Europe Nano Programmable Logic Controllers (PLC) Market 2022-2032 by Component (Hardware, Software, Services), Product Type (Fixed, Modular), Industry Vertical, and Country: Trend Forecast and Growth Opportunity” is based on comprehensive research of the entire Europe nano programmable logic controllers (PLC) market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of Europe market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Europe nano programmable logic controllers (PLC) market in every aspect of the classification from perspectives of Component, Product Type, Industry Vertical, and Country.
Based on Component, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Hardware
o Processor
o Power Supply
o Input/Output
o Other Hardware
• Software
o Motion Control Software
o Redundancy Software
o Programming Software
o Simulation Software
• Services
o Training
o Maintenance
o Consulting
Based on Product Type, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Fixed Nano PLC
• Modular Nano PLC
By Industry Vertical, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Automotive Industry
• Chemicals Industry
• Food & Beverage Industry
• Oil & Gas Industry
• Energy & Power Industry
• Home & Building Automation Industry
• Pharmaceutical Industry
• Water and Wastewater Industry
• Other Industry Verticals
Geographically, the following national/local markets are fully investigated:
• Germany
• UK
• France
• Spain
• Italy
• Russia
• Rest of Europe (further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2022-2032. The breakdown of national markets by Component, Product Type, and Industry Vertical over the forecast years are also included.
The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
ABB Ltd.
EMC Aautomations
General Electric Co.
Hitachi Ltd.
Honeywell International Inc.
IDEC Corporation
InnoVista Sensors
Mitsubishi Electric Corporation
Robert Bosch GmbH
Rockwell Automation Inc.
Schneider Electric SE
Siemens AG
(Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
1 Introduction 7
1.1 Industry Definition and Research Scope 7
1.1.1 Industry Definition 7
1.1.2 Research Scope 8
1.2 Research Methodology 11
1.2.1 Overview of Market Research Methodology 11
1.2.2 Market Assumption 12
1.2.3 Secondary Data 12
1.2.4 Primary Data 12
1.2.5 Data Filtration and Model Design 13
1.2.6 Market Size/Share Estimation 14
1.2.7 Research Limitations 15
1.3 Executive Summary 16
2 Market Overview and Dynamics 18
2.1 Market Size and Forecast 18
2.1.1 Impact of COVID-19 on World Economy 19
2.1.2 Impact of COVID-19 on the Market 22
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 24
2.2 Major Growth Drivers 28
2.3 Market Restraints and Challenges 33
2.4 Emerging Opportunities and Market Trends 36
2.5 Porter’s Fiver Forces Analysis 40
3 Segmentation of Europe Market by Component 44
3.1 Market Overview by Component 44
3.2 Hardware 46
3.2.1 Processor 48
3.2.2 Power Supply 49
3.2.3 Input/Output 50
3.2.4 Other Hardware 51
3.3 Software 52
3.3.1 Motion Control Software 54
3.3.2 Redundancy Software 55
3.3.3 Programming Software 56
3.3.4 Simulation Software 57
3.4 Services 58
3.4.1 Training 59
3.4.2 Maintenance 60
3.4.3 Consulting 61
4 Segmentation of Europe Market by Product Type 63
4.1 Market Overview by Product Type 63
4.2 Fixed Nano PLC 65
4.3 Modular Nano PLC 66
5 Segmentation of Europe Market by Industry Vertical 67
5.1 Market Overview by Industry Vertical 67
5.2 Automotive Industry 69
5.3 Chemicals Industry 70
5.4 Food & Beverage Industry 71
5.5 Oil & Gas Industry 72
5.6 Energy & Power Industry 73
5.7 Home & Building Automation Industry 74
5.8 Pharmaceutical Industry 75
5.9 Water and Wastewater Industry 76
5.10 Other Industry Verticals 77
6 European Market 2022-2032 by Country 78
6.1 Overview of European Market 78
6.2 Germany 81
6.3 U.K. 83
6.4 France 85
6.5 Spain 87
6.6 Italy 89
6.7 Russia 91
6.8 Rest of European Market 93
7 Competitive Landscape 95
7.1 Overview of Key Vendors 95
7.2 New Product Launch, Partnership, Investment, and M&A 98
7.3 Company Profiles 99
ABB Ltd. 99
EMC Aautomations 101
General Electric Co. 102
Hitachi Ltd. 103
Honeywell International Inc. 104
IDEC Corporation 105
InnoVista Sensors 106
Mitsubishi Electric Corporation 107
Robert Bosch GmbH 108
Rockwell Automation Inc. 109
Schneider Electric SE 110
Siemens AG 111
RELATED REPORTS 112
List of Tables:
Table 1. Snapshot of Europe Nano PLC Market in Balanced Perspective, 2022-2032 17
Table 2. World Economic Outlook, 2021-2031 20
Table 3. World Economic Outlook, 2021-2023 21
Table 4. Scenarios for Economic Impact of Ukraine Crisis 25
Table 5. Main Product Trends and Market Opportunities in Europe Nano PLC Market 36
Table 6. Europe Nano PLC Market by Component, 2022-2032, $ mn 44
Table 7. Europe Nano PLC Market: Hardware by Type, 2022-2032, $ mn 47
Table 8. Europe Nano PLC Market: Software by Type, 2022-2032, $ mn 53
Table 9. Europe Nano PLC Market: Services by Type, 2022-2032, $ mn 58
Table 10. Europe Nano PLC Market by Product Type, 2022-2032, $ mn 63
Table 11. Europe Nano PLC Market by Industry Vertical, 2022-2032, $ mn 67
Table 12. Europe Nano PLC Market by Country, 2022-2032, $ mn 80
Table 13. Germany Nano PLC Market by Component, 2022-2032, $ mn 82
Table 14. Germany Nano PLC Market by Product Type, 2022-2032, $ mn 82
Table 15. Germany Nano PLC Market by Industry Vertical, 2022-2032, $ mn 82
Table 16. U.K. Nano PLC Market by Component, 2022-2032, $ mn 84
Table 17. U.K. Nano PLC Market by Product Type, 2022-2032, $ mn 84
Table 18. U.K. Nano PLC Market by Industry Vertical, 2022-2032, $ mn 84
Table 19. France Nano PLC Market by Component, 2022-2032, $ mn 86
Table 20. France Nano PLC Market by Product Type, 2022-2032, $ mn 86
Table 21. France Nano PLC Market by Industry Vertical, 2022-2032, $ mn 86
Table 22. Spain Nano PLC Market by Component, 2022-2032, $ mn 88
Table 23. Spain Nano PLC Market by Product Type, 2022-2032, $ mn 88
Table 24. Spain Nano PLC Market by Industry Vertical, 2022-2032, $ mn 88
Table 25. Italy Nano PLC Market by Component, 2022-2032, $ mn 90
Table 26. Italy Nano PLC Market by Product Type, 2022-2032, $ mn 90
Table 27. Italy Nano PLC Market by Industry Vertical, 2022-2032, $ mn 90
Table 28. Russia Nano PLC Market by Component, 2022-2032, $ mn 92
Table 29. Russia Nano PLC Market by Product Type, 2022-2032, $ mn 92
Table 30. Russia Nano PLC Market by Industry Vertical, 2022-2032, $ mn 92
Table 31. Nano PLC Market in Rest of Europe by Country, 2022-2032, $ mn 94
Table 32. ABB Ltd.: Company Snapshot 99
Table 33. ABB Ltd.: Business Segmentation 100
Table 34. ABB Ltd.: Product Portfolio 100List of Figures:
Figure 1. Research Method Flow Chart 11
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 14
Figure 3. Europe Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032 16
Figure 4. Europe Nano PLC Market, 2022-2032, $ mn 18
Figure 5. Impact of COVID-19 on Business 22
Figure 6. Primary Drivers and Impact Factors of Europe Nano PLC Market 28
Figure 7. World Industrial Robotics Market by Shipment, 2022-2032, thousand units 31
Figure 8. World Vehicle Production by Car Type, 2019-2030, million units 32
Figure 9. World Crude Oil Production, 2000-2021, million tons 32
Figure 10. Primary Restraints and Impact Factors of Europe Nano PLC Market 33
Figure 11. Investment Opportunity Analysis 37
Figure 12. Porter’s Fiver Forces Analysis of Europe Nano PLC Market 40
Figure 13. Breakdown of Europe Nano PLC Market by Component, 2022-2032, % of Revenue 45
Figure 14. Europe Addressable Market Cap in 2023-2032 by Component, Value ($ mn) and Share (%) 45
Figure 15. Europe Nano PLC Market by Component: Hardware, 2022-2032, $ mn 46
Figure 16. Europe Nano PLC Market by Hardware: Processor, 2022-2032, $ mn 48
Figure 17. Europe Nano PLC Market by Hardware: Power Supply, 2022-2032, $ mn 49
Figure 18. Europe Nano PLC Market by Hardware: Input/Output, 2022-2032, $ mn 50
Figure 19. Europe Nano PLC Market by Hardware: Other Hardware, 2022-2032, $ mn 51
Figure 20. Europe Nano PLC Market by Component: Software, 2022-2032, $ mn 52
Figure 21. Europe Nano PLC Market by Software: Motion Control Software, 2022-2032, $ mn 54
Figure 22. Europe Nano PLC Market by Software: Redundancy Software, 2022-2032, $ mn 55
Figure 23. Europe Nano PLC Market by Software: Programming Software, 2022-2032, $ mn 56
Figure 24. Europe Nano PLC Market by Software: Simulation Software, 2022-2032, $ mn 57
Figure 25. Europe Nano PLC Market by Component: Services, 2022-2032, $ mn 58
Figure 26. Europe Nano PLC Market by Services: Training, 2022-2032, $ mn 59
Figure 27. Europe Nano PLC Market by Services: Maintenance, 2022-2032, $ mn 60
Figure 28. Europe Nano PLC Market by Services: Consulting, 2022-2032, $ mn 61
Figure 29. Breakdown of Europe Nano PLC Market by Product Type, 2022-2032, % of Sales Revenue 64
Figure 30. Europe Addressable Market Cap in 2023-2032 by Product Type, Value ($ mn) and Share (%) 64
Figure 31. Europe Nano PLC Market by Product Type: Fixed Nano PLC, 2022-2032, $ mn 65
Figure 32. Europe Nano PLC Market by Product Type: Modular Nano PLC, 2022-2032, $ mn 66
Figure 33. Breakdown of Europe Nano PLC Market by Industry Vertical, 2022-2032, % of Sales Revenue 68
Figure 34. Europe Addressable Market Cap in 2023-2032 by Industry Vertical, Value ($ mn) and Share (%) 68
Figure 35. Europe Nano PLC Market by Industry Vertical: Automotive Industry, 2022-2032, $ mn 69
Figure 36. Europe Nano PLC Market by Industry Vertical: Chemicals Industry, 2022-2032, $ mn 70
Figure 37. Europe Nano PLC Market by Industry Vertical: Food & Beverage Industry, 2022-2032, $ mn 71
Figure 38. Europe Nano PLC Market by Industry Vertical: Oil & Gas Industry, 2022-2032, $ mn 72
Figure 39. Europe Nano PLC Market by Industry Vertical: Energy & Power Industry, 2022-2032, $ mn 73
Figure 40. Europe Nano PLC Market by Industry Vertical: Home & Building Automation Industry, 2022-2032, $ mn 74
Figure 41. Europe Nano PLC Market by Industry Vertical: Pharmaceutical Industry, 2022-2032, $ mn 75
Figure 42. Europe Nano PLC Market by Industry Vertical: Water and Wastewater Industry, 2022-2032, $ mn 76
Figure 43. Europe Nano PLC Market by Industry Vertical: Other Industry Verticals, 2022-2032, $ mn 77
Figure 44. Breakdown of European Nano PLC Market by Country, 2022 and 2032, % of Revenue 79
Figure 45. Contribution to Europe 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 80
Figure 46. Nano PLC Market in Germany, 2022-2032, $ mn 81
Figure 47. Nano PLC Market in U.K., 2022-2032, $ mn 83
Figure 48. Nano PLC Market in France, 2022-2032, $ mn 85
Figure 49. Nano PLC Market in Spain, 2022-2032, $ mn 87
Figure 50. Nano PLC Market in Italy, 2022-2032, $ mn 89
Figure 51. Nano PLC Market in Russia, 2022-2032, $ mn 91
Figure 52. Nano PLC Market in Rest of Europe, 2022-2032, $ mn 93
Figure 53. Growth Stage of Europe Nano PLC Industry over the Forecast Period 95
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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