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Industrial I/O Modules Market to Grow by USD 2.33 Billion During 2021-2025|Featuring ABB Ltd. and Emerson Electric Co. Among Others|Technavio

Technavio (PRNewsfoto/Technavio)

News provided by

Technavio

Mar 30, 2021, 09:00 ET

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NEW YORK, March 30, 2021 /PRNewswire/ -- 

The global industrial I/O modules market is expected to grow by USD 2.33 billion during 2021-2025, as per Technavio. This marks a significant market slow down compared to the 2020 growth estimates due to the impact of the COVID-19 pandemic in the first half of 2020. However, healthy growth is expected to continue throughout the forecast period, and the market is expected to grow at a CAGR of over 6%.

Technavio has announced its latest market research report titled
Industrial IO Modules Market by Product, End-user, and Geography - Forecast and Analysis 2021-2025
Technavio has announced its latest market research report titled Industrial IO Modules Market by Product, End-user, and Geography - Forecast and Analysis 2021-2025

For the Right Perspective & Competitive Insights. Make confident decisions using our benchmarks and analysis.  
 Download FREE Sample Report

Read the 120-page report with TOC on "Industrial I/O Modules Market Analysis Report by Product (PLC I/O, DCS I/O, and Industrial PC I/O), End-user (Process Industries and Discrete industries), and Geography (Europe, APAC, North America, MEA, and South America), and the Segment Forecasts,2021-2025". Gain competitive intelligence about market leaders. Track key industry opportunities, trends, and threats. Information on marketing, brand, strategy and market development, sales and supply functions.
More Details: https://www.technavio.com/report/report/industrial-i-o-modules-market-industry-analysis

The industrial I/O modules market is driven by the continued developments in power grid projects. In addition, the continued adaptation of distributed I/O systems is anticipated to boost the growth of the industrial I/O modules market.

Power grid projects have high scope for the adoption of industrial I/O modules in power generation, transmission, and distribution. Smart grids include grid applications such as I/O modules and related equipment, smart energy meters, IT, and other communication networks. The key benefits of smart grids over traditional grids play a key role in fostering investments in smart grid projects. The measures to supply electricity through grids with smart technology are driving the power transmission and distribution industry. The increasing adoption of smart grids and increasing developments in power grid projects can help in the growth of the industrial I/O modules globally during the forecast period.

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

View market snapshot before purchasing

Major Five Industrial I/O Modules Companies:

ABB Ltd.
ABB Ltd. operates business through Electrification, Industrial Automation, Motion, Robotics & Discrete Automation, and Corporate and Other. The company provides industrial IO modules under the Select I/O brand name. Select I/O is an Ethernet-based single-channel I/O solution for ABB Ability System 800xA that offers full redundancy down to the Signal Conditioning Module.

Emerson Electric Co.
Emerson Electric Co. operates business through Automation Solutions and Commercial and Residential Solutions. Industrial IO modules offered by the company provide a flexible and reliable solution for best-in-class connectivity and continuous uptime. Some of the industrial IO modules offered by the company are Chassis-based I/O, Distributed Slice I/O, On-Machine Distributed I/O, and Intrinsically Safe Distributed I/O.

General Electric Co.
General Electric Co. operates business through Power, Renewable energy, Aviation, Healthcare, and Capital. The company provides a wide range of industrial IO modules such as Mark VIe and Mark VIeS Universal Analog I/O.

Mitsubishi Corp.
Mitsubishi Corp. operates business through Global Environmental and Infrastructure Business Group, Industrial Finance, Logistics and Development Group, Energy Business Group, Metals Group, Machinery Group, Chemicals Group, and Living Essentials Group. The company provides a wide range of industrial IO modules such as Modular I/O, Digital I/O Module, and Analog I/O Module.

Moxa Inc.
Moxa Inc. operates business through Industrial network infrastructure, Industrial edge connectivity, and Industrial computing. The company provides a wide range of industrial IO modules such as ioLogik E1200 Series, ioLogik E2200 Series, ioLogik R1200 Series, ioLogik 4000 Series, and ioLogik 4000 Series (M) Modules.

Industrial I/O Modules Market Product Outlook (Revenue, USD billion, 2020-2025)

  • PLC I/O - size and forecast 2020-2025
  • DCS I/O - size and forecast 2020-2025
  • Industrial PC I/O - size and forecast 2020-2025

Industrial I/O Modules Market End-user Outlook (Revenue, USD billion, 2020-2025)

  • Process industries - size and forecast 2020-2025
  • Discrete industries - size and forecast 2020-2025

Industrial I/O Modules Market Geography Outlook (Revenue, USD billion, 2020-2025)

  • Europe - size and forecast 2020-2025
  • APAC - size and forecast 2020-2025
  • North America - size and forecast 2020-2025
  • MEA - size and forecast 2020-2025
  • South America - size and forecast 2020-2025

Are you a start-up willing to make it big in the business? Grab an exclusive Report

Related Reports on Industrials Include:

Global Electric Wire and Cable Market in North America- The electric wire and cable market size in North America is segmented by product (power cable, electronic wire, building cable, and others), end-user (electrical appliances, construction, automotive, and other end-users), and key vendors.

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About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
Report Page: https://www.technavio.com/report/industrial-i-o-modules-market-industry-analysis

SOURCE Technavio

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http://www.technavio.com/

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