Prioritizing Your Micro Programmable Logic Controller (plc) Market To Get The Most Out Of Your Business


The global micro programmable logic controller market is expected to grow at a CAGR of 5.74% during the forecast period. Based on the product, the global micro programmable logic controller market has been segmented into hardware, software, and services. 

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The hardware segment of the global micro programmable logic controller market consists of a CPU to coordinate the range of command, control, and communication operations. Innovations in hardware are increasing the efficiency and performance of micro programmable logic controllers, which is fueling their adoption across large industries such as automotive, oil and gas, pulp and paper, and power. 

Some vendors are focusing on improving existing micro programmable logic controllers with an expansion module or firmware updates. For instance, in December 2017, YASKAWA Electric Corp. announced the system expansion of its VIPA MICRO PROGRAMMABLE LOGIC CONTROLLER, integrated with a web server which allows arbitrary access via smartphone, computer, and laptop on status interfaces, data, diagnostics, and definable visualization projects.

 Such developments are expected to increase the capability of the hardware and provide high growth opportunities for vendors in this segment of the global micro programmable logic controller market during the forecast period. 

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