Industrial I/O Modules Market Updates by 2031
Industrial input/output modules are the devices that include programmable logic controllers (PLC), distributed control systems (DCS), and industrial PCs. Rapid developments in power grid projects across the globe are promoting the growth of the industrial I/O modules market. Moreover, the emergence of fuzzy logic modules in programmable controllers is another factor that driving the growth of the industrial I/O modules market during the forecast period.
MARKET DYNAMICS
Increasing the adoption of industrial I/O modules in power generation, distribution, and transmission is triggering the growth of the industrial I/O modules market. Various benefits associated with the usage of I/O modules such as it reduced the number of transformer failures, and management of peak load and outage which encourage the deployment of industrial I/O modules in the existing systems, thus propelling the growth of the market. Moreover, the adoption of wireless I/O modules is gaining traction which expected to fuel the industrial I/O modules market growth.
MARKET SCOPE
The "Global Industrial I/O Modules Market Analysis to 2031" is a specialized and in-depth study of the Industrial I/O modules industry with a special focus on the global market trend analysis. The report aims to provide an overview Industrial I/O modules market with detailed market segmentation by product, end-user, and geography. The global industrial I/O modules market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading industrial I/O modules market players and offers key trends and opportunities in the industrial I/O modules market.
MARKET SEGMENTATION
The global industrial I/O modules market is segmented on the basis of product, end-user. On the basis of product the market is segmented as programmable logic controller I/O (PLC I/O), distributed control system I/O (DCS I/O), industrial PC I/O. On the basis of end-user the market is segmented as process industry, discrete industry.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global industrial I/O modules market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The industrial I/O modules market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting industrial I/O modules market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the industrial I/O modules market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global industrial I/O modules market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The industrial I/O modules market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting industrial I/O modules market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the industrial I/O modules market in these regions.
MARKET PLAYERS
The reports cover key developments in the industrial I/O modules market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from industrial I/O modules market are anticipated to lucrative growth opportunities in the future with the rising demand for industrial I/O modules in the global market. Below mentioned is the list of few companies engaged in the industrial I/O modules market.
The report also includes the profiles of key industrial I/O modules companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- ABB
- Emerson Electric Co.
- General Electric Company
- Mitsubishi Electric Corporation
- Moxa Inc.
- OMRON Corporation
- Red Lion Controls, Inc. (Spectris Plc)
- Rockwell Automation, Inc.
- Siemens AG
- TE Connectivity
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Industrial I/O Modules Market - By Product
1.3.2 Industrial I/O Modules Market - By End-user
1.3.3 Industrial I/O Modules Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. INDUSTRIAL I/O MODULES MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. INDUSTRIAL I/O MODULES MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. INDUSTRIAL I/O MODULES MARKET - GLOBAL MARKET ANALYSIS
6.1. INDUSTRIAL I/O MODULES - GLOBAL MARKET OVERVIEW
6.2. INDUSTRIAL I/O MODULES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. INDUSTRIAL I/O MODULES MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. PROGRAMMABLE LOGIC CONTROLLER I/O (PLC I/O)
7.3.1. Overview
7.3.2. Programmable Logic Controller I/O (PLC I/O) Market Forecast and Analysis
7.4. DISTRIBUTED CONTROL SYSTEM I/O (DCS I/O)
7.4.1. Overview
7.4.2. Distributed Control System I/O (DCS I/O) Market Forecast and Analysis
7.5. INDUSTRIAL PC I/O
7.5.1. Overview
7.5.2. Industrial PC I/O Market Forecast and Analysis
8. INDUSTRIAL I/O MODULES MARKET - REVENUE AND FORECASTS TO 2028 - END-USER
8.1. OVERVIEW
8.2. END-USER MARKET FORECASTS AND ANALYSIS
8.3. PROCESS INDUSTRY
8.3.1. Overview
8.3.2. Process Industry Market Forecast and Analysis
8.4. DISCRETE INDUSTRY
8.4.1. Overview
8.4.2. Discrete Industry Market Forecast and Analysis
9. INDUSTRIAL I/O MODULES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Industrial I/O Modules Market Overview
9.1.2 North America Industrial I/O Modules Market Forecasts and Analysis
9.1.3 North America Industrial I/O Modules Market Forecasts and Analysis - By Product
9.1.4 North America Industrial I/O Modules Market Forecasts and Analysis - By End-user
9.1.5 North America Industrial I/O Modules Market Forecasts and Analysis - By Countries
9.1.5.1 United States Industrial I/O Modules Market
9.1.5.1.1 United States Industrial I/O Modules Market by Product
9.1.5.1.2 United States Industrial I/O Modules Market by End-user
9.1.5.2 Canada Industrial I/O Modules Market
9.1.5.2.1 Canada Industrial I/O Modules Market by Product
9.1.5.2.2 Canada Industrial I/O Modules Market by End-user
9.1.5.3 Mexico Industrial I/O Modules Market
9.1.5.3.1 Mexico Industrial I/O Modules Market by Product
9.1.5.3.2 Mexico Industrial I/O Modules Market by End-user
9.2. EUROPE
9.2.1 Europe Industrial I/O Modules Market Overview
9.2.2 Europe Industrial I/O Modules Market Forecasts and Analysis
9.2.3 Europe Industrial I/O Modules Market Forecasts and Analysis - By Product
9.2.4 Europe Industrial I/O Modules Market Forecasts and Analysis - By End-user
9.2.5 Europe Industrial I/O Modules Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Industrial I/O Modules Market
9.2.5.1.1 Germany Industrial I/O Modules Market by Product
9.2.5.1.2 Germany Industrial I/O Modules Market by End-user
9.2.5.2 France Industrial I/O Modules Market
9.2.5.2.1 France Industrial I/O Modules Market by Product
9.2.5.2.2 France Industrial I/O Modules Market by End-user
9.2.5.3 Italy Industrial I/O Modules Market
9.2.5.3.1 Italy Industrial I/O Modules Market by Product
9.2.5.3.2 Italy Industrial I/O Modules Market by End-user
9.2.5.4 United Kingdom Industrial I/O Modules Market
9.2.5.4.1 United Kingdom Industrial I/O Modules Market by Product
9.2.5.4.2 United Kingdom Industrial I/O Modules Market by End-user
9.2.5.5 Russia Industrial I/O Modules Market
9.2.5.5.1 Russia Industrial I/O Modules Market by Product
9.2.5.5.2 Russia Industrial I/O Modules Market by End-user
9.2.5.6 Rest of Europe Industrial I/O Modules Market
9.2.5.6.1 Rest of Europe Industrial I/O Modules Market by Product
9.2.5.6.2 Rest of Europe Industrial I/O Modules Market by End-user
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Industrial I/O Modules Market Overview
9.3.2 Asia-Pacific Industrial I/O Modules Market Forecasts and Analysis
9.3.3 Asia-Pacific Industrial I/O Modules Market Forecasts and Analysis - By Product
9.3.4 Asia-Pacific Industrial I/O Modules Market Forecasts and Analysis - By End-user
9.3.5 Asia-Pacific Industrial I/O Modules Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Industrial I/O Modules Market
9.3.5.1.1 Australia Industrial I/O Modules Market by Product
9.3.5.1.2 Australia Industrial I/O Modules Market by End-user
9.3.5.2 China Industrial I/O Modules Market
9.3.5.2.1 China Industrial I/O Modules Market by Product
9.3.5.2.2 China Industrial I/O Modules Market by End-user
9.3.5.3 India Industrial I/O Modules Market
9.3.5.3.1 India Industrial I/O Modules Market by Product
9.3.5.3.2 India Industrial I/O Modules Market by End-user
9.3.5.4 Japan Industrial I/O Modules Market
9.3.5.4.1 Japan Industrial I/O Modules Market by Product
9.3.5.4.2 Japan Industrial I/O Modules Market by End-user
9.3.5.5 South Korea Industrial I/O Modules Market
9.3.5.5.1 South Korea Industrial I/O Modules Market by Product
9.3.5.5.2 South Korea Industrial I/O Modules Market by End-user
9.3.5.6 Rest of Asia-Pacific Industrial I/O Modules Market
9.3.5.6.1 Rest of Asia-Pacific Industrial I/O Modules Market by Product
9.3.5.6.2 Rest of Asia-Pacific Industrial I/O Modules Market by End-user
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Industrial I/O Modules Market Overview
9.4.2 Middle East and Africa Industrial I/O Modules Market Forecasts and Analysis
9.4.3 Middle East and Africa Industrial I/O Modules Market Forecasts and Analysis - By Product
9.4.4 Middle East and Africa Industrial I/O Modules Market Forecasts and Analysis - By End-user
9.4.5 Middle East and Africa Industrial I/O Modules Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Industrial I/O Modules Market
9.4.5.1.1 South Africa Industrial I/O Modules Market by Product
9.4.5.1.2 South Africa Industrial I/O Modules Market by End-user
9.4.5.2 Saudi Arabia Industrial I/O Modules Market
9.4.5.2.1 Saudi Arabia Industrial I/O Modules Market by Product
9.4.5.2.2 Saudi Arabia Industrial I/O Modules Market by End-user
9.4.5.3 U.A.E Industrial I/O Modules Market
9.4.5.3.1 U.A.E Industrial I/O Modules Market by Product
9.4.5.3.2 U.A.E Industrial I/O Modules Market by End-user
9.4.5.4 Rest of Middle East and Africa Industrial I/O Modules Market
9.4.5.4.1 Rest of Middle East and Africa Industrial I/O Modules Market by Product
9.4.5.4.2 Rest of Middle East and Africa Industrial I/O Modules Market by End-user
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Industrial I/O Modules Market Overview
9.5.2 South and Central America Industrial I/O Modules Market Forecasts and Analysis
9.5.3 South and Central America Industrial I/O Modules Market Forecasts and Analysis - By Product
9.5.4 South and Central America Industrial I/O Modules Market Forecasts and Analysis - By End-user
9.5.5 South and Central America Industrial I/O Modules Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Industrial I/O Modules Market
9.5.5.1.1 Brazil Industrial I/O Modules Market by Product
9.5.5.1.2 Brazil Industrial I/O Modules Market by End-user
9.5.5.2 Argentina Industrial I/O Modules Market
9.5.5.2.1 Argentina Industrial I/O Modules Market by Product
9.5.5.2.2 Argentina Industrial I/O Modules Market by End-user
9.5.5.3 Rest of South and Central America Industrial I/O Modules Market
9.5.5.3.1 Rest of South and Central America Industrial I/O Modules Market by Product
9.5.5.3.2 Rest of South and Central America Industrial I/O Modules Market by End-user
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. INDUSTRIAL I/O MODULES MARKET, KEY COMPANY PROFILES
11.1. ABB
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. EMERSON ELECTRIC CO.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. GENERAL ELECTRIC COMPANY
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. MITSUBISHI ELECTRIC CORPORATION
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. MOXA INC.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. OMRON CORPORATION
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. RED LION CONTROLS, INC. (SPECTRIS PLC)
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. ROCKWELL AUTOMATION, INC.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SIEMENS AG
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. TE CONNECTIVITY
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. ABB
2. Emerson Electric Co.
3. General Electric Company
4. Mitsubishi Electric Corporation
5. Moxa Inc.
6. OMRON Corporation
7. Red Lion Controls, Inc. (Spectris Plc)
8. Rockwell Automation, Inc.
9. Siemens AG
10. TE Connectivity
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.