Latin American Safety I/O Modules Market - By Types, Verticals, Countries and Vendors - Market Trends and Forecasts (2016 - 2021) - Product Image

Latin American Safety I/O Modules Market - By Types, Verticals, Countries and Vendors - Market Trends and Forecasts (2016 - 2021)

  • ID: 3804075
  • Report
  • Region: America (exc North)
  • 87 pages
  • Mordor Intelligence
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In Latin America, the market demand for the new Safety Input/output (I/O Modules) is expected to grow due to many factors; the implementation of compulsory Industrial Standards in all the sectors, being one, while the various technological enhancements of these very devices, being the other. The safety I/O modules provide all the basic advantages with regard to the traditional distributed I/O safety systems. Interestingly, with the help of these new modules, one can control and monitor their safety devices. It is also feasible to detect failure at the I/O and the field device levels, along with enhancing the operator protection.

The Latin American market is still premature and the technological advancements are still in its nascent stages. However, the growing economy, expanding population levels, and the foreign investments are strong signs of growth for the new markets. The consistent rise for imports of goods and services indicate higher consumption rate in the Latin American region.

The growing technological advancements have improved the "safety" parameter associated with these I/O modules, making its use in the hazardous zones more feasible. This technological growth is bound to bring more improvements in the quality of the safety I/O modules in the future.

The Latin American Safety I/O Modules market is estimated to be worth $xx billion in 2015 and is projected to witness a CAGR of xx.xx% during the forecast period to reach $xx billion by 2020.

The Latin American Safety I/O Modules market is broadly segmented based on types, verticals, and countries. As per the classification of their types, the market is segmented into Analog Module (I/O), Digital Module (I/O), Network Adaptor, Power Supply & Chassis, and Intelligent I/O. Finally, on the basis of its verticals, the market applications are explained under verticals such as Automotive, Energy & Power, Manufacturing, Pharmaceutical, Semiconductors, Transportation, Oil & Gas and others. Some of the key market players mentioned in the report are Rockwell Automation, Bihl+Wiedemann GmbH, Siemens, ABB, Schneider Electric, and more.

Drivers

The key factors contributing to the growth of Latin American Safety I/O Modules Market are the demand for intrinsically safe I/O modules, compulsory industrial or government safety standards, miniaturization of devices, and demand for reduced wiring cost as well as reduced start-up machine time.

Challenges

Weak Domestic Demand is the key challenge of the Latin American Safety I/O Modules Market.

What the report offers

1. Market Definition for the Safety I/O Modules along with identification of key drivers and restraints for the market

2. Market analysis of the Latin American Safety I/O Modules Market, with region-specific assessments

3. Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies, which can influence the market on the global and regional scales

4. Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market shares

5. Identification and analysis of the Macro and Micro factors that affect the Latin American Safety I/O Modules market on both global and regional scales

6. A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information

Please note: As this product is updated at the time of order, dispatch will be 72 hours from the date the order and full payment is received.
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1. Research Methodology

2. Executive Summary

3. MARKET OVERVIEW

3.1 Overview

3.2 Industry Value Chain Analysis

3.3 Industry Attractiveness - Porter's 5 Force Analysis

3.3.1 Bargaining Power of Suppliers

3.3.2 Bargaining Power of Consumers

3.3.3 Threat from new entrants

3.3.4 Threat from substitute products

3.3.5 Competitive rivalry within the industry

3.4 Industry Policies

4. MARKET DYNAMICS

4.1 Introduction

4.2 Drivers

4.2.1 Demand for Reduced Start-Up Machine Time

4.2.2 Demand for Reduced Wiring Cost

4.2.3 Industrial Safety Standards

4.2.4 Small-Sized Devices

4.2.5 Demand for Intrinsically Safe I/O Modules

4.2.6 Variable Designs

4.3 Restraints

4.3.1 Complexity of Standards

4.3.2 Weak Product Awareness

4.4 Opportunities

4.4.1 Technological Advancements

5. Technology Snapshot

6. Latin American Safety I/O Modules Market Products Market Segmentation, Forecasts and Trends

6.1 Latin American Market - Segmented By Types

6.1.1 Analog Module (I/O)

6.1.2 Digital Module (I/O)

6.1.3 Network Adaptor

6.1.4 Power Supply & Chassis

6.1.5 Intelligent I/O

6.2 Latin American Market - Segmented By Verticles

6.2.1 Automotive

6.2.2 Energy & Power

6.2.3 Manufacturing

6.2.4 Healthcare

6.2.5 Transportation

6.2.6 Oil & Gas

6.2.7 Others

6.3 Latin American Market - Segmented By Countries

6.3.1 Latin America

6.3.1.1 Brazil

6.3.1.2 Mexico

6.3.1.3 Colombia

6.3.1.4 Chile

6.3.1.5 Argentina

6.3.1.6 Others

7. Vendor Market Share Analysis

8. Competitive Intelligence - Company Profiles

8.1 Rockwell Automation

8.2 Bihl+Wiedemann GmbH

8.3 Siemens

8.4 Lumberg Automation

8.5 ABB

8.6 Murrelektronik

8.7 Schneider Electric

8.8 Parmley Graham

8.9 Mouser Electronics

8.10 Newtech Engineering

9. Investment Analysis

9.1 Investment Scenario and Opportunities

10. Future of Latin America Safety I/O Modules Market
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