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Global I/O Modules Market in Process Industries 2016-2020

  • Published: Oct 2016
  • Pages: 63
  • SKU: IRTNTR10632
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This industry research report identifies ABB, Rockwell Automation, Siemens, and Emerson Electric as the key vendors in the global I/O modules market in process industries. This industry research report also presents a competitive analysis of the market by controller type (PLC I/O, DCS I/O, and industrial PC I/O) and by geography (the Americas, APAC, and EMEA).

Overview of the global I/O modules market in process industries

Market research analysts at Technavio predict that the global I/O modules market in process industries will grow steadily during the next four years and post a CAGR of more than 5% by 2020. This market research analysis identifies the rise in investments in smart power grids as one of the primary growth factors for this market. Governments across the globe are increasingly deploying smart grids at a fast pace. Several countries such as India, the US, China, France, Spain, and Germany have already started implementing smart grid solutions, which includes grid applications for I/O modules and related equipment, smart energy meters, and other communication networks. To reduce risks at their smart grid facilities, these countries will start using sophisticated systems, which will increase the need for I/O modules to use in substation automation, distributed automation, and primary equipment monitoring.

One of the major trends that will gain traction in this market is the rise in implementation of wireless modules through cloud connectivity. Wireless I/O modules are used for operating and controlling field instruments. They are equipped with high-speed data transfer standard which ensures the ease of interoperability between field devices. Moreover, these modules can be used without the need for a gateway and since they collect information from any third party sensor and connect to an existing network, they enable easy deployment and significantly reduce cabling costs.

Competitive landscape and key vendors

Characterized by the presence of a considerable number of vendors, this market appears to be fragmented and is quite competitive. This market research and analysis categorizes I/O modules manufacturers into two major segments such as control system suppliers who offer integrated control system packages and independent component suppliers who sell sensors, controllers, cables, and software but not integrated packages. Controller suppliers dominate the I/O market for use with PLCs and DCSs applications. Whereas, the independent component suppliers control the market for use with industrial PC-based control systems. Vendors mainly compete on the basis of various end-user requirements including product pricing, compatibility with existing or other systems, and product reliability.

The leading vendors in the market are -

  • ABB
  • Rockwell Automation
  • Siemens
  • Emerson Electric

The other prominent vendors in the market are Acromag, Advantech, B&R, Beckhoff Automation, Festo, GE, Hitachi, IDEC, Mitsubishi Electric, Moeller, National Instruments, Omron, Parsec Automation, Pepperl+Fuchs, RS Component, TURCK India Automation, Wago, Yamatake Control Products, and Yokogawa.

Segmentation by controller type and analysis of the I/O modules market in process industries

  • Programmable logic controller (PLC) I/O
  • Distributed control systems (DCS) I/O
  • Industrial PC I/O

During 2015, the PLC I/O segment accounted for the major market shares and dominated this market.  The rise in investments of several industries such as pulp and paper, power, food and beverages, and pharmaceuticals, towards automating their manufacturing plants, will increase the adoption of PLCs. As a result, this market segment will continue its market dominanace throughout the next four years as well.

Geographical segmentation and analysis of the I/O modules market in process industries

  • Americas
  • APAC
  • EMEA

This market study estimates that in terms of geographical regions, EMEA will be the major revenue contributor to the market throughout the next four years. The rise in government support and investments towards the development of smart grids in Europe, will drive the growth of the market in this region. Additionally, increased exploration and production activities in the North Sea and the UK continental shelf by oil and gas companies such as Statoil, Shell, and BP, will increase the implementation of automation solutions, which in turn, will propel the market’s growth prospects.

Key questions answered in the report include

  • What will the I/O modules market size and growth rate be in 2020?
  • What are the key factors driving the global I/O modules market in process industries?
  • What are the key market trends impacting the growth of the global I/O modules market in process industries?
  • What are the challenges to market growth?
  • Who are the key vendors in the global I/O modules market in process industries?
  • What are the market opportunities and threats faced by the vendors in the global I/O modules market in process industries?
  • Trending factors influencing the market shares of the Americas, APAC, and EMEA.
  • What are the key outcomes of the five forces analysis of the global I/O modules market in process industries?

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This is preliminary content. The table of contents is subject to change.

PART 01: Executive summary

  • Highlights

PART 02: Scope of the report

  • Market overview
  • Top-vendor offerings

PART 03: Market research methodology

  • Research methodology
  • Economic indicators

PART 04: Introduction

  • Key market highlights

PART 05: Market landscape

  • Market size and forecast
  • Five forces analysis

PART 06: Market segmentation by product

PART 07: Geographical segmentation

PART 08: Market drivers

PART 09: Impact of drivers

PART 10: Market challenges

PART 11: Impact of drivers and challenges

PART 12: Market trends

PART 13: Vendor landscape

  • Competitive landscape
  • Other prominent vendors

PART 14: Key vendor analysis

PART 15: Appendix

  • List of abbreviation

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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