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

  • ID: 3804080
  • Report
  • Region: America, North America, United States
  • 91 pages
  • Mordor Intelligence
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In North 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 of them. The safety I/O modules provide all the basic advantages that the traditional distributed I/O safety systems provided. With the help of these new modules, one can control and monitor their safety devices. One can also detect failure at I/O and at the field device levels, along with enhancing the operator protection. 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.

United States is one of the top five countries that imports the highest number of High-Voltage Protection Equipment as well as Low-voltage equipment that accounts for an import value of nearly $ 718 million (for High-Voltage Protection Equipment) and a $9.26 billion (for Low-Voltage Protection Equipment).
The US has the largest and the most technologically developed economy in the world, with a positive per capita GDP. Business firms in the US enjoy a greater degree of flexibility compared to businesses in Japan and Western Europe in terms of innovation and expansion. Canada is equipped with a high tech industrial economy, and resembles the US in its market oriented economic system, production pattern and high living standards.

The North 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 North American Safety I/O Modules market is broadly segmented based on types, end-users and countries. As per 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, based on its verticals, its applications are explained under 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 others.

Drivers

The key factors contributing to the growth of North 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 the demand for reduced wiring cost as well as reduced start-up machine time.

Challenges

Weak Domestic demand and Inadequate Exports Business are the key challenges of the North 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 North 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 fronts

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 North American Safety I/O Modules market on both the 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 Depleting Labor Market

4.3.3 Weak Product Awareness

4.4 Opportunities

4.4.1 Technological Advancements

5. Technology Snapshot

6. North America Safety I/O Modules Market Products Market Segmentation, Forecasts and Trends

6.1 North America 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 North America 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 North America Market - Segmented By Countries

6.3.1 North America

6.3.1.1 United States

6.3.1.2 Canada

6.3.1.3 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 North America Safety I/O Modules Market
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