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Micro Programmable Logic Controller (PLC) Market to Grow by USD 2.37 Billion from 2024-2028, Driven by Demand for Compact Automation and AI Trends

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NEW YORK, Sept. 30, 2024 /PRNewswire/ — Report on how AI is redefining market landscape- The global micro programmable logic controller (PLC) market size is estimated to grow by USD 2.37 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 7.08%  during the forecast period. Increasing demand for compact automation solutions is driving market growth, with a trend towards expanding capabilities of micro PLCs  However, growing cybersecurity concerns  poses a challenge. Key market players include ABB Ltd., Advantech Co. Ltd., Beckhoff Automation, Beijer Electronics Group AB, Eaton Corp. Plc, Festo SE and Co. KG, Fuji Electric Co. Ltd., Hitachi Ltd., Honeywell International Inc., IDEC Corp., Lenze SE, Mitsubishi Electric Corp., OMRON Corp., Parker Hannifin Corp., Robert Bosch Stiftung GmbH, Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Toshiba Corp., and Yaskawa Electric Corp..

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Micro Programmable Logic Controller (Plc) Market Scope

Report Coverage

Details

Base year

2023

Historic period

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 7.08%

Market growth 2024-2028

USD 2371.9 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

6.49

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 38%

Key countries

US, China, Japan, Germany, and UK

Key companies profiled

ABB Ltd., Advantech Co. Ltd., Beckhoff Automation, Beijer Electronics Group AB, Eaton Corp. Plc, Festo SE and Co. KG, Fuji Electric Co. Ltd., Hitachi Ltd., Honeywell International Inc., IDEC Corp., Lenze SE, Mitsubishi Electric Corp., OMRON Corp., Parker Hannifin Corp., Robert Bosch Stiftung GmbH, Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Toshiba Corp., and Yaskawa Electric Corp.

Market Driver

Micro Programmable Logic Controllers (PLCs) have gained significant traction in process and discrete industries due to their flexibility, ease of use, communication capabilities, and cost-effectiveness compared to traditional PLCs. Initially designed for controlling small machinery with basic serial communication, micro PLCs have evolved with technological advances to manage large machines and support multiple communication protocols. Vendors have expanded micro PLC offerings with high-speed communication capabilities, larger program memory, and additional features to enhance their functionality. These developments position micro PLCs as a cost-effective option for various process control applications, including data logging, in both process and discrete industries. The market for micro PLCs is expected to grow substantially due to these product enhancements and the increasing demand for compact, efficient, and affordable automation solutions. 

The Programmable Logic Controller (PLC) market is thriving, with key trends including Micro PLC and Nano PLC for miniaturization in various industries. Fixed, Modular PLCs cater to industrial purposes in sectors like Oil & Gas, Power, and Steel. Programming tools, simulation, and motion control are essential for efficient operation. Redundancy software ensures reliability in Robotics and Assembly lines. Input devices, Human Machine Interface, and IIoT-connected devices enhance productivity. The Automotive, Technology, and Energy sectors leverage PLCs for Industrial Automation. Hardware, Services, and Software segments offer solutions for Industrial processes, AI, IoT, Edge computing, and Energy-efficient solutions. Building automation, HVAC systems, and lighting systems also benefit from PLC technology. The Offering segment continues to grow, driven by the demand for advanced PLCs in diverse industries. 

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Market Challenges

Micro Programmable Logic Controllers (PLCs) are essential components of automation solutions in various industries, enhancing productivity and efficiency. However, the increasing use of connected devices and web-based communication in industrial processes has heightened the risk of cyberattacks. Critical infrastructure sectors, such as oil and gas, power, and water and wastewater, are particularly vulnerable. Cybercriminals can exploit these networks to gain unauthorized access to sensitive data, leading to operational failures or data manipulation. The oil and gas industry, for instance, faces significant risks as data breaches can halt operations and result in financial or intellectual losses. Vendors offer defensive measures, such as anti-malware, to secure data. However, these solutions may not be foolproof. An attack on one system can compromise the entire network, potentially affecting multiple interlinked systems. Therefore, the growing cybersecurity threats pose a significant challenge to the growth of the global micro PLC market.The Micro Programmable Logic Controller (PLC) market is witnessing significant growth in various industries, including automotives, technology, steel, power, food and beverages, and oil & gas. Industrial automation is a key driver, with PLCs playing a crucial role in managing industrial processes. The automotive sector is adopting PLCs for engine control, transmission control, and fuel injection systems. In the technology sector, the integration of artificial intelligence and Internet of Things (IoT) is driving demand for PLCs in IoT-connected devices, edge computing, and energy-efficient solutions. The hardware segment, particularly miniaturized PLCs, is gaining popularity due to their compact size and energy efficiency. The offering segment includes services, software, and hardware, with software solutions providing human machine interface and programming capabilities. The power industry, building automation, home automation, and lighting, HVAC, and security systems are other major applications.

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Segment Overview

This micro programmable logic controller (plc) market report extensively covers market segmentation by

End-user 1.1 Automotive industry1.2 Oil and gas industry1.3 Power industry1.4 Food and beverage industry1.5 OthersProduct 2.1 Hardware2.2 Software2.3 ServicesGeography 3.1 APAC3.2 North America3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 Automotive industry-  The automotive industry is a significant market for micro programmable logic controllers (PLCs), as they facilitate the control of multiple machinery used in manufacturing processes. Micro PLCs serve as a crucial link between various manufacturing stages, including design, analysis, inventory management, and distribution. In the automotive sector, micro PLCs ensure precise control over manufacturing processes, optimizing process parameters and device functionality. Despite a decline in the automotive industry’s growth due to the COVID-19 pandemic and reduced capital expenditure (CAPEX) in 2020, the market for micro PLCs in this sector is poised for recovery. Technavio anticipates that the shift towards smart factories and increased investments, particularly in APAC countries like India, Indonesia, and Japan, will drive substantial growth in the micro PLC market for the automotive industry during the forecast period.

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Research Analysis

Micro Programmable Logic Controllers (PLCs), also known as Nano PLCs, are compact automation solutions designed for industrial purposes. These advanced devices offer functionality similar to traditional Fixed, Modular PLCs but in a smaller form factor. Micro PLCs are gaining popularity in various sectors including automotives, technology, steel, power, oil & gas, energy, and more. With the integration of Artificial Intelligence (AI) and Internet of Things (IoT), Micro PLCs have become smarter, enabling predictive maintenance and real-time data analysis. The hardware segment of the Micro PLC market is witnessing significant growth due to miniaturization and increasing demand for compact automation solutions. Industrial automation applications, Human Machine Interface (HMI) integration, and ease of programming are other key factors driving the market growth.

Market Research Overview

Micro Programmable Logic Controllers (PLCs), also known as Nano PLCs, are compact and cost-effective automation solutions for industrial applications. They offer the functionality of traditional Fixed, Modular PLCs in a smaller form factor, making them ideal for space-constrained environments. Micro PLCs are widely used in various sectors including Oil and Gas, Power, and Automotive, among others. They support programming tools, simulation, motion control, redundancy software, robotics, and various input devices. Industries like Steel, Power, Food and Beverages, and Energy rely on Micro PLCs for automating assembly lines, industrial robots, and various industrial processes. With the advent of technology, Micro PLCs are being integrated with Artificial Intelligence, Internet of Things (IoT), and Edge Computing to offer energy-efficient solutions and real-time monitoring capabilities. The market for Micro PLCs includes hardware, services, and software offerings, catering to the needs of diverse industries. Applications range from HVAC systems, lighting systems, security systems, engine control, transmission control, fuel injection, and more. The Miniaturization trend in PLCs is leading to the development of IoT-connected devices and IIoT solutions, further expanding their application base.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userAutomotive IndustryOil And Gas IndustryPower IndustryFood And Beverage IndustryOthersProductHardwareSoftwareServicesGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Los Alamos Chief Engineer Joins Nuclear Fusion Startup Fuse to Lead Federal Business

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Building on unparalleled nuclear experience, James Owen to lead Fuse’s strategy to build technology solutions for sustainable, clean, reliable energy

SAN LEANDRO, Calif., Nov. 21, 2024 /PRNewswire/ — Fuse, a leading nuclear fusion company dedicated to accelerating the world’s transition to fusion energy while safeguarding humankind, today announced the appointment of Los Alamos National Laboratory’s (LANL) Chief Engineer for Nuclear Weapons, James Owen, as President of Fuse Federal, the company’s wholly-owned subsidiary focused on U.S. government business.

James Owen’s unparalleled background in nuclear engineering and his leadership at Los Alamos National Lab make him the ideal person to spearhead our federal business,” said JC Btaiche, Founder and CEO of Fuse. “His experience and unique background at LANL will be invaluable as we strive to solve one of humanity’s grandest challenges: fusion energy.”

At Los Alamos, Owen was responsible for the oversight of all weapons engineering activities in support of the Lab’s national security mission to ensure America’s nuclear deterrent remains effective and secure. Notably, Owen led and delivered four stockpile modernization programs while sustaining the United States’ legacy deterrent through surveillance, weapons response, and more. Owen oversaw six divisions at Los Alamos with over 1,300 staff members and an annual budget of $1 billion dollars.

LANL’s heritage stretches back to the Manhattan Project, and now Owen will be working on what many consider humanity’s next Manhattan Project: unlocking clean and abundant fusion energy. As President of Fuse Federal, Owen will leverage his extensive experience in nuclear technologies to lead the company’s efforts in providing critical products and testing services for components of the nuclear stockpile and other defense infrastructure. He will focus on expanding the company’s radiation services, a critical component of nuclear fusion energy, for government customers while also contributing to Fuse’s overall strategy for commercializing fusion energy technology as a source of clean energy. Owen will join Fuse’s executive team to drive the expansion of fusion and pulsed power products and services for the Department of Defense, the Department of Energy, and other customers.

Owen expressed enthusiasm about joining Fuse: “Since beginning as a summer student in 1988, I have been privileged to work with the most amazing people on the most important mission for the nation,” Owen said. “And I am looking forward to working on one of the most difficult yet important technological challenges facing humanity and our planet – fusion energy.”

The Honorable Lisa Gordon-Hagerty, Fuse board member and former Under Secretary of Energy for Nuclear Security, added: “Fuse will provide critically needed and groundbreaking technologies to the national security ecosystem and will support a clean energy future. I am thrilled that James Owen, a pioneer in the nuclear security community has joined the Fuse team, bringing invaluable experience and expertise which will enable the nuclear enterprise to accelerate and execute important missions.”

About Fuse

Fuse is a California-based nuclear fusion company dedicated to accelerating the world’s transition to fusion energy while safeguarding humankind. Through its subsidiary, Fuse Federal, the company provides essential radiation services to U.S. government agencies, supporting critical defense and energy initiatives.

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SOURCE Fuse Energy Technologies Corporation

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Claro Enterprise Solutions Expands Technology Service Offerings to Accelerate Mergers and Acquisitions Integrations

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New cloud migration, cyber security, and managed service solutions for growing organizations to streamline technology integration, enhance security, and improve operational efficiency.

MIRAMAR, Fla., Nov. 21, 2024 /PRNewswire/ — Claro Enterprise Solutions, a single-source technology solutions provider for growing organizations, announced expanded services to support merger and acquisition activity on buy-side and sell-side, as companies seek cost efficiencies and technology modernization. The expanded consulting, implementation and managed service offerings make it more expeditious for investors and acquired companies to merge technology infrastructure while improving cyber and physical security, productivity and performance.

Claro Enterprise Solutions expands services to streamline M&A integrations, enhancing security/operational efficiency.

“Claro Enterprise Solutions was the optimal decision as our customer sought to stand up managed IT services for a multi-national organization. Claro Enterprise Solutions had all the technology solutions they needed, plus an impressive flexibility and mindset that ensured the integration of the acquired entity was completed successfully. They deployed Cloud Migration Services and a Managed CyberSOC for incident response, while understanding the client’s complex infrastructure. The client was pleased with the overall outcome and would use them for further acquisitions, as well as overall solutions and services,” said Alex D’Angelo, Vice President at Ten Oaks Group.

After announcing a major expansion of its cyber-physical product-specific offerings in early 2024, Claro Enterprise Solutions is now rolling out additional standard and custom service offerings. While these are not limited to Mergers and Acquisitions use cases, as they support any company seeking ways to simplify and unify cyber security, cloud, IoT, and connectivity technology infrastructure, they have already seen an uptake from the investor community.

Services include:

Cloud Data Security

The Solution for Collaboration Security Management for Microsoft 365™ combines powerful tools with expert managed services to safeguard the organization’s sensitive information while adhering to industry standard regulations.

Through an initial assessment, Claro Enterprise Solutions will create a customized remediation plan to address data exposure and risks, assuring compliance with the strictest regulations. Through managed services, Claro Enterprise Solutions monitors how the information is being shared, reducing the risk of oversharing and exposure of sensitive information.

Claro Enterprise Solutions’ services cover the entire Microsoft 365™ journey, from migration to backup, policy enforcement, and risk reduction. Solution for Collaboration Security follows the NIST 2.0 standard, ensuring a comprehensive approach to data security needs.

Whether during the due diligence period or after the independent entity is established, they identify and govern what cloud-hosted data is shared with whom, flag any compliance-related activities, and enforce policies. In one customer assessment, over 30,000 abandoned links were discovered and promptly remediated, and over 100 hours were saved in manual IT configuration and reporting.

Cloud Data Migration

Claro Enterprise Solutions’ Cloud Migration Services professional and managed services move newly acquired and existing (Microsoft 365)™ end users onto shared cloud infrastructures, safely and securely. Customers also use migrations to deploy multi-Cloud strategies to reduce impact should a single Cloud provider experience an outage, or to meet local data storage compliance requirements.

To address key security challenges in mergers and acquisitions (M&A), Claro Enterprise Solutions introduces its “Microsoft 365™ Readiness Suite“. This comprehensive solution streamlines Microsoft 365™ integration with three core components: Cloud Migration Services, Cloud Backup, and Collaboration Security Management Data Risk Assessment. Each offering includes implementation support, providing M&A companies with a turnkey solution to identify risks, enhance security, and optimize their Microsoft 365™ investment during organizational transitions. The Microsoft 365™ Readiness Suite empowers businesses to navigate complex IT integrations efficiently, ensuring protected information sharing and safeguarding critical data throughout the M&A process.

Cyber Threat Detection & Response

As incidents impacting worldwide operations have shown, the complexity of today’s technology ecosystem can inadvertently affect companies at any time. As part of Claro Enterprise Solutions’ expanded technology services, it offers a robust suite of cyber threat detection and response capabilities designed to enhance security during critical Mergers and Acquisitions integrations. Claro Enterprise Solutions’ Managed Detection and Response (MDR) and CyberSOC solutions provide continuous monitoring, advanced threat detection, and rapid incident response, ensuring that any security threats are identified and mitigated promptly.

Claro Enterprise Solutions’ MDR service leverages sophisticated tools and expert analysts to detect and respond to threats in real-time, minimizing the potential impact of cyber incidents. Claro Enterprise Solutions’ CyberSOC, a managed security operations center, adds another layer of protection by offering 24/7 monitoring and incident management, allowing companies to maintain an agile and resilient security posture even during the most complex mergers.

Additionally, Claro Enterprise Solutions’ Penetration Testing and Vulnerability Management services are crucial for identifying and addressing potential weaknesses in both legacy and newly integrated systems. Penetration testing simulates cyber attacks to expose vulnerabilities that could be exploited by attackers, while the vulnerability management solutions continuously scan and assess the environment to ensure that any potential security gaps are identified and remediated before they can be exploited.

Together, these solutions provide a comprehensive approach to cyber threat detection and response, empowering companies to navigate the complexities of Mergers and Acquisitions with confidence, knowing that their infrastructure is secured against evolving threats.

About Claro Enterprise Solutions
Claro Enterprise Solutions is a single-source IT solutions provider backed by global Latin American service provider América Móvil (NYSE: AMX). Claro Enterprise Solutions’ cyber-physical approach to integrated solutions helps growing organizations strengthen security, increase productivity, and optimize performance. Our experts independently identify, implement, and manage technical solutions leveraging innovations in AI, Cloud, IoT and security. Claro Enterprise Solutions has earned a Great Place To Work® Certification™ and is headquartered outside Miami in Miramar, Florida. Find us online at usclaro.com.

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SOURCE Claro Enterprise Solutions

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Beacon Education Celebrates First Program to Pass 1,000 Graduates

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BEIJING, Nov. 21, 2024 /PRNewswire/ — Beacon Education is proud to celebrate an exciting and important milestone with its partner Northern Arizona University, as its Master of Computer Information Technology (MCIT) program graduates its 1000th student this month. 

In just four years, NAU’s innovative personalized learning model has helped the MCIT program become one of China’s most successful online degrees, delivering important skills to working professionals across a variety of different industries. 

As one of Beacon’s first partners, NAU has worked closely with teams across the company to design and implement an elite experience for working professional learners across China, ensuring that the program is delivered to NAU’s s world-class standards and that all students become an authentic part of the NAU community. 

Carmin Chan, Vice Provost of NAU Online, notes “NAU has a long history of welcoming and educating students from across the world. The partnership between NAU Online and Beacon Education is a great example of how NAU offers career-ready degrees that provide economic mobility and increased opportunity for our students in Arizona and around the globe.”

With a broad array of companies, channels, and partners investing in the MCIT program, they increasingly ask for an expansion of the degree portfolio from NAU. As an innovative first-mover, NAU is helping educate the market about what is possible through online degree-based education, driving rapidly-increasing demand for degree programs from universities in the US and around the world.

“We are so proud of what we have built with NAU and thrilled to continue expanding with new degrees, new markets, and new corporate partners. NAU has grabbed an opportunity to deliver innovative programs to untapped student pools and both Beacon and NAU are seeing the work to design and deliver outstanding programs pay off. The graduates in China are proud to be NAU alumni and the MCIT program continues to grow as word of the program spreads,” explains CEO Michael Wang.

With a breadth of degrees from a growing range of university partners experiencing similar enrollment and revenue expansion, Beacon looks forward to reaching new, ambitious milestones in coming years with NAU and other universities as they pursue this untapped opportunity in degree-based upskilling Chinese working professionals.

Media Contact: Charles Iannuzzi, charles.iannuzzi@beaconedu.com

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SOURCE Beacon Education

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