[July 04, 2018]

Global Industrial I/O Modules Market Analysis, Market Size, Industry Trends, Updates & Forecasts 2017-2023, With an Expected CAGR of 5.91% - ResearchAndMarkets.com

The "Global Industrial I/O Modules Market - by Product, End User, Region - Market Size, Demand Forecasts, Company Profiles, Industry Trends and Updates (2017-2023)" report has been added to ResearchAndMarkets.com's offering.

The Global Industrial I/O Modules Market is estimated to grow at a CAGR of 5.91% during the forecast period.

Industrial I/O modules are the devices which connect field devices such as drivers, actuators and sensors with controllers such as PLC, distributed control system (DCS) and Industrial PCs. These I/O modules convert the field signals emitted from field devices and convert them into data and send the data to controllers.

Europe, Middle East Africa will lead the Global Industrial I/O Modules Market accounting to a combined market share of 38% by the end of forecast period while Asia-Pacific region will have a highest growth rate in this market.

Drivers Vs. Constraints

• The growth in fuzzy logic modules in programmable controllers, continued developents in power grid projects, development of smart factories and adoption of wireless I/O modules are the some of the reasons which paves a way for the growth of Global Industrial IO Market.
• The volatility in the prices of raw materials for making I/O modules is a factor which restricts the market growth.

Recently, two companies Acromag and Ctek Inc. announced a partnership to offer complete control and monitoring solutions for customers by combining Acromag's signal measurement with Ctek's cellular communication and autonomous controllers.

Companies Mentioned

• ABB
• Emerson Electric
• General Electric
• Mitsubishi Electric
• Rockwell Automation (News - Alert)
• Siemens
• Bedrock Industries
• Acromag
• Ctek Inc.
• Dataforth
• Moore Industries
• Weidmuller
• Opto 22
• Belden
• Automated Integration

Key Topics Covered:

1. Research Methodology

2. Executive Summary

3. Market Overview

4. Market Dynamics

5. Global Industrial I/O Modules Market - by Product

6. Global Industrial I/O Modules Market - by End User

7. Global Industrial I/O Modules Market - by Region

8. Company Market Share Analysis

9. Company Profiles

10. Industry Structure

11. Global Industrial I/O Modules Market - Road Ahead

12. Tables

13. Disclaimer

For more information about this report visit https://www.researchandmarkets.com/research/4sd2mn/global_industrial?w=4

View source version on businesswire.com: https://www.businesswire.com/news/home/20180704005053/en/

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