Global Industrial I/O (input/output) Modules Market 2024-2028
Global Industrial I/O (Input/Output) Modules Market 2024-2028
The industrial i/o (input/output) modules market is forecasted to grow by USD 2526.3 mn during 2023-2028, accelerating at a CAGR of 5.95% during the forecast period. The report on the industrial i/o (input/output) modules market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for automation and industry 4.0, increasing investment in the development of smart factories, and increase in number of power grid projects.
Technavio's industrial i/o (input/output) modules market is segmented as below:
By End-user
- Process industries
- Discrete industries
By Product
- PLC IO
- DC IO
- Industrial PC IO
By Geographical Landscape
- Europe
- APAC
- North America
- Middle East and Africa
- South America
This study identifies the growing trend of automation and data exchange in industries as one of the prime reasons driving the industrial i/o (input/output) modules market growth during the next few years. Also, rising number of new product launches and rise number of smart cities will lead to sizable demand in the market.
The report on the industrial i/o (input/output) modules market covers the following areas:
- Industrial i/o (input/output) modules market sizing
- Industrial i/o (input/output) modules market forecast
- Industrial i/o (input/output) modules market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading industrial i/o (input/output) modules market vendors that include ABB Ltd., Advantech Co. Ltd., Analog Devices Inc., DAE Instrument, Distec Ltd., Emerson Electric Co., General Electric Co., HYDAC International GmbH, ifm electronic gmbh, KEBA Group AG, Mitsubishi Electric Corp., Moxa Inc., NOVUS Automation Inc., OMRON Corp., Pepperl and Fuchs SE, Rockwell Automation Inc., Siemens AG, TE Connectivity Ltd., TURCK India Automation Pvt. Ltd., and WAGO GmbH and Co. KG. Also, the industrial i/o (input/output) modules market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
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 an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.