DUBLIN, Mar 21, 2017 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Remote Input Output Modules Market 2017-2021" report to their offering.
The global remote I/O modules market to grow at a CAGR of 5.7% during the period 2017-2021.
The report, Global Remote 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.
The major raw materials used in the manufacture of remote I/O modules and related accessories consisting of copper windings, electrical steel, and insulation materials. These account for more than 50% of the total manufacturing costs. Out of these raw materials, copper windings and electrical steel account for more than 40% of the total remote I/O module costs. The current decline in the costs of the above-mentioned two raw materials is likely to reduce manufacturing costs, resulting in a similar cost reduction for end-users, thus increasing their implementation.
Further, the report states that earlier, industrial control systems such as PLCs, DCS, and SCADA were not connected to business systems such as enterprise resource planning (ERP) and customer relationship management (CRM) by any means of a standard network. However, nowadays these systems are connected to business systems through transmission control protocol (TCP)/IP networking. The integration of industrial automation software with business systems enables data exchange and leads to better decision making.
Hence, industrial control systems are prone to cyber attacks from hostile governments, terrorist groups, disgruntled employees, and other malicious intruders. These systems are also vulnerable due to insecure remote connections I/O connections, standardization of technologies, and easy availability of technical information on the Internet. These conditions have facilitated potential hackers to intercept easily and issue unauthorized commands to control critical equipment.
- Emerson Electric
- Rockwell Automation
Other prominent vendors
- Beckhoff Automation
- Mitsubishi Electric
- National Instruments
- Parsec Automation
- Pepperl + Fuchs
- Turck Automation
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by controller type
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/p7wk9m/global_remote
Research and Markets
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SOURCE Research and Markets