Global Intelligent Modules Market 2017-2021

  • ID: 4328288
  • Report
  • Region: Global
  • 77 pages
  • TechNavio
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FEATURED COMPANIES

  • ABB
  • Beckhoff Automation
  • Eaton
  • GE
  • OMRON
  • Siemens. Acromag
  • MORE
About Intelligent I/O Modules

I/O modules are devices that connect field devices, such as drives, actuators, and sensors with controllers, such as PLC, DCS, and industrial PCs. Intelligent I/O modules are also called specialty I/O modules or functional I/O modules. These are defined as devices which have their own processors independent of the controller's processor and act as a connection between the peripherals and the controllers. These I/O modules are basically used in function-specific applications like speed control, humidity control, temperature control, and others. Process industries are expected to contribute more to the global I/O modules market with a share of nearly 80% by revenue. The major industries contributing to the global I/O modules market are power, water and wastewater, oil and gas, food and beverages, automotive, and pharmaceutical.

The analysts forecast the global intelligent I/O modules market to grow at a CAGR of 6.19% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global intelligent I/O modules market for 2017-2021. To calculate the market size, the report considers the sales.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Intelligent I/O Modules Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • ABB
  • Advantech Corporation
  • Bihl+Wiedemann
  • Rockwell Automation
  • Siemens
Other prominent vendors
  • Acromag
  • Beckhoff Automation
  • Eaton
  • Festo
  • GE
  • Mitsubishi Electric
  • OMRON
  • Turck Automation
  • WAGO
  • Yokogawa
Market drivers
  • Reduction in prices of raw materials
  • For a full, detailed list, view the full report
Market challenges
  • Security concerns due to vulnerable I/O connections
  • For a full, detailed list, view the full report
Market trends
  • Wireless intelligent I/O modules with cloud connectivity
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ABB
  • Beckhoff Automation
  • Eaton
  • GE
  • OMRON
  • Siemens. Acromag
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Market overview
  • Five forces analysis
PART 06: Market segmentation by controller type
  • Global intelligent I/O modules by controller type
  • Global intelligent I/O modules market by PLC
  • Global intelligent I/O modules market by DCS
  • Global intelligent I/O modules market by IPC
PART 07: Market segmentation by end-user
  • Market overview
  • Global intelligent I/O modules market by power industry
  • Global intelligent I/O modules market by water and wastewater industry
  • Global intelligent I/O modules market by automotive industry
  • Global intelligent I/O modules market by food and beverages industry
  • Global intelligent I/O modules market by others
PART 08: Geographical segmentation
  • Global intelligent I/O modules market by geography
  • Intelligent I/O modules market in EMEA
  • Intelligent I/O modules in Americas
  • Intelligent I/O modules in APAC
PART 09: Decision framework

PART 10: Drivers and challenges
  • Market drivers
  • Market challenges
PART 11: Market trends
  • Wireless intelligent I/O modules with cloud connectivity
  • Fuzzy Logic modules in programmable controllers
  • Greater proliferation in Ethernet-based intelligent I/O module network
PART 12: Vendor landscape
  • Competitive scenario
  • Other prominent vendors
PART 13: Key vendor analysis
  • ABB
  • Advantech Corporation
  • Bihl+Wiedemann
  • Rockwell Automation
  • Siemens
PART 14: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Global I/O modules market segmentation by type
Exhibit 02: Global intelligent I/O modules market 2016-2021 ($ billions) 25
Exhibit 03: Five forces analysis
Exhibit 04: Global intelligent I/O modules market share by controller type 2016-2021 (% revenue) 28
Exhibit 05: Global intelligent I/O modules market by PLC 2016-2021 ($ billions) 29
Exhibit 06: Global intelligent I/O modules by DCS 2016-2021 ($ billions) 32
Exhibit 07: Global intelligent I/O modules by IPC 2016-2021 ($ billions) 33
Exhibit 08: Global intelligent I/O modules market share by end-user industries 2016-2021 (% revenue) 35
Exhibit 09: Global intelligent I/O modules market by power industry 2016-2021 ($ billions) 35
Exhibit 10: Global intelligent I/O modules market by water and wastewater industry 2016-2021 ($ billions) 38
Exhibit 11: Global intelligent I/O modules market by automotive industry 2016-2021 ($ billions) 39
Exhibit 12: Global intelligent I/O modules market by food and beverages industry 2016-2021 ($ billions) 41
Exhibit 13: Global intelligent I/O modules market by others 2016-2021 ($ billions) 42
Exhibit 14: Global intelligent I/O modules market by geography 2016 and 2021 (% revenue) 45
Exhibit 15: Intelligent I/O modules market in EMEA 2016-2021 ($ billions) 45
Exhibit 16: Intelligent I/O modules market in Americas 2016-2021 ($ billions) 48
Exhibit 17: Intelligent I/O modules in APAC 2016-2021 ($ billions) 49
Exhibit 18: Global copper prices 2011-2016 (USD/lb) 54
Exhibit 19: Ranking of communication network connectivity for intelligent I/O modules 2016 and 2021
Exhibit 20: ABB: Product portfolio
Exhibit 21: ABB: Key developments
Exhibit 22: Advantech Corporation: Product portfolio
Exhibit 23: Advantech Corporation: Key developments
Exhibit 24: Bihl+Wiedemann: Product portfolio
Exhibit 25: Bihl+Widedmann: Key developments
Exhibit 26: Rockwell Automation: Product portfolio
Exhibit 27: Rockwell Automation: Key developments
Exhibit 28: Siemens: Product portfolio
Exhibit 29: Siemens: Key developments
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FEATURED COMPANIES

  • ABB
  • Beckhoff Automation
  • Eaton
  • GE
  • OMRON
  • Siemens. Acromag
  • MORE
New Report Released: - Global Intelligent I/O Modules Market 2017-2021

The author of the report recognizes the following companies as the key players in the global intelligent I/O modules market: ABB, Advantech Corporation, Bihl+Wiedemann, Rockwell Automation, and Siemens.

Other Prominent Vendors in the market are: Acromag, Beckhoff Automation, Eaton, Festo, GE, Mitsubishi Electric, OMRON, Turck Automation, WAGO, and Yokogawa.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is Wireless intelligent I/O modules with cloud connectivity. Wireless intelligent I/O modules are basically used for operation and control of field instruments. To ensure the ease of interoperability between field devices, the wireless intelligent I/O modules are equipped with high-speed data transfer standards of the Institute of Electrical and Electronics Engineers (IEEE) 802.11. A broad range of wireless intelligent I/O modules are used in discrete industries that follow developments of Industry 4.0. The specialty of wireless intelligent I/O modules is that these modules can be used without the need for the gateway and have their own microprocessors independent of the PLC's microprocessor.”

According to the report, one of the major drivers for this market is Reduction in prices of raw materials. The major raw materials used in the manufacturing of intelligent I/O modules are copper windings, electrical steel, and insulation materials. All these materials constitute nearly 50% of the total manufacturing cost. Out of these, copper windings and electrical steel constitute 40% of the total intelligent I/O module cost. The decline in raw material costs results in lowering the manufacturing cost, thereby increasing the adoption of intelligent I/O modules in the end-user industries. The graph below shows the declining trend of raw material costs.

Further, the report states that one of the major factors hindering the growth of this market is Security concerns due to vulnerable I/O connections. The integration of industrial control systems, such as programmable logic controller (PLC), distributed control system (DCS), and supervisory control and data acquisition (SCADA), with business systems, such as enterprise resource planning (ERP) and customer relationship management (CRM), makes the system sensitive to cyber-attacks. Transmission control protocol/Internet protocol (TCP/IP) networking is the common protocol used to connect control systems and business systems. These systems are vulnerable to cyber-attacks due to vulnerable remote I/O connections, standardization of technologies, and easy availability of technical information over the Internet.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • ABB
  • Advantech Corporation
  • Bihl+Wiedemann
  • Rockwell Automation
  • Siemens. Acromag
  • Beckhoff Automation
  • Eaton
  • Festo
  • GE
  • Mitsubishi Electric
  • OMRON
  • Turck Automation
  • WAGO
  • Yokogawa
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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