Intelligent Modules Market Dynamics, Economic Impact, Status and Key Manufacture Analysis to 2021

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 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.

Browse Detail Report With TOC @ http://www.hexareports.com/report/global-intelligent-modules-market-2017-2021

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA

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

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Other prominent vendors

  • Acromag
  • Beckhoff Automation
  • Eaton
  • Festo
  • GE
  • Mitsubishi Electric
  • OMRON
  • Turck Automation
  • WAGO

Market driver

  • Reduction in prices of raw materials
  • For a full, detailed list, view our report

Market challenge

  • Security concerns due to vulnerable I/O connections
  • For a full, detailed list, view our report

Market trend

  • Wireless intelligent I/O modules with cloud connectivity
  • For a full, detailed list, view our 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 our analyst’s time when you purchase this market report. Details are provided within the report.

For More Details Visit @ Hexa Reports

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