Market Overview:
The global I/O modules in process industries market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for automation and control systems in various industrial applications, such as electric power generation, cement & glass, food & beverage, mining, metals, oil & gas and others. In addition, the growing trend of Industry 4.0 is also contributing significantly to the growth of this market. The programmable logic controller (PLC) I/O modules segment is expected to hold the largest share of the global I/O modules in process industries market during the forecast period from 2018 to 2030. This can be attributed to their high demand for controlling and automating various industrial processes across different regions worldwide.
Product Definition:
Input/Output (I/O) modules provide a means of communication between a controller and devices in a process industry. I/O modules are used to read or write data to or from these devices, which may include sensors, actuators, and other controllers.
Programmable Logic Controller (PLC) I/O:
The Programmable Logic Controller (PLC) I/O is used to communicate with the outside world through a device’s input and output devices. PLC I/O has applications in almost all industrial sectors including power, chemical, oil & gas, water & wastewater treatment plants among others. The growth of the Industrial Internet of Things (IIoT) is expected to be one of the key drivers for PLC I/O market over the forecast period.
Distributed Control Systems (DCS) I/O:
DCI/O is an interface standard developed by the Distributed Control Systems (DCS) Society. It provides a common framework for controlling multiple I/O devices from a single program. DCI/O includes functions such as input capture, output data capture, and remote I/O communication that are used in process industries such as oil & gas and chemical plants to control their operations.
Application Insights:
The electric power generation segment dominated the global I/O modules in process industries market, accounting for a revenue share of over 24.0% in 2017. The growth can be attributed to the increasing demand for automation and integration with smart grids. For instance, Siemens has designed and developed a Power Distribution Center (PDC) that uses Modular PLC as its brain to automate power distribution centers across multiple sites. Such initiatives by industry incumbents are expected to drive product demand over the forecast period.
The cement & glass segment is anticipated to register a CAGR of XX%, in terms of revenue from 2018 to 2030 owing to increased use of programmable logic controllers (PLCs) within plants that manufacture glass bottles and containers at an industrial level.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand for automation from emerging economies such as China, India, and Japan. Moreover, rising investments by governments in developing countries are also anticipated to drive regional growth over the next eight years.
The Asia Pacific has a large number of industrial plants that require I/O modules for process control applications owing to high labor costs associated with these facilities. Furthermore, growing awareness regarding energy conservation is likely to result in reducing power consumption which would necessitate an increase in automation across numerous industries thereby driving regional product demand over the forecast period.
Growth Factors:
- Increasing demand for I/O modules in process industries due to the growing need for automation and control of various processes.
- Rising demand from developing countries owing to the increasing industrialization and modernization in these regions.
- Growing investments by process industries players in R&D activities to develop new and innovative products that can cater to the specific needs of customers.
- Proliferation of smart factories, which is leading to an increase in the adoption of I/O modules for data acquisition and control purposes across different industry verticals.
Scope Of The Report
Report Attributes
Report Details
Report Title
I/O Modules in Process Industries Market Research Report
By Type
Programmable Logic Controller (PLC) I/O, Distributed Control Systems (DCS) I/O, Industrial PC I/O
By Application
Electric Power Generation, Cement & Glass, Food & Beverage, Mining, Metals, Oil & Gas, Others
By Companies
ABB, Rockwell Automation, Siemens, Emerson Electric, ABB
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
196
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global I/O Modules in Process Industries Market Report Segments:
The global I/O Modules in Process Industries market is segmented on the basis of:
Types
Programmable Logic Controller (PLC) I/O, Distributed Control Systems (DCS) I/O, Industrial PC I/O
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Electric Power Generation, Cement & Glass, Food & Beverage, Mining, Metals, Oil & Gas, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ABB
- Rockwell Automation
- Siemens
- Emerson Electric
- ABB
Highlights of The I/O Modules in Process Industries Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Programmable Logic Controller (PLC) I/O
- Distributed Control Systems (DCS) I/O
- Industrial PC I/O
- By Application:
- Electric Power Generation
- Cement & Glass
- Food & Beverage
- Mining
- Metals
- Oil & Gas
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the I/O Modules in Process Industries Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
I/O modules are used in process industries to control and monitor the flow of materials and energy. They can be found in factories, oil refineries, power plants, and other industrial facilities. I/O modules typically include sensors that track the temperature, pressure, humidity, or other conditions inside the facility. They also often include controllers that adjust these conditions as needed.
Some of the key players operating in the i/o modules in process industries market are ABB, Rockwell Automation, Siemens, Emerson Electric, ABB.
The i/o modules in process industries market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 I/O Modules in Process Industries Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 I/O Modules in Process Industries Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 I/O Modules in Process Industries Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the I/O Modules in Process Industries Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global I/O Modules in Process Industries Market Size & Forecast, 2018-2028
4.5.1 I/O Modules in Process Industries Market Size and Y-o-Y Growth
4.5.2 I/O Modules in Process Industries Market Absolute $ Opportunity
Chapter 5 Global I/O Modules in Process Industries Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 I/O Modules in Process Industries Market Size Forecast by Type
5.2.1 Programmable Logic Controller (PLC) I/O
5.2.2 Distributed Control Systems (DCS) I/O
5.2.3 Industrial PC I/O
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global I/O Modules in Process Industries Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 I/O Modules in Process Industries Market Size Forecast by Applications
6.2.1 Electric Power Generation
6.2.2 Cement & Glass
6.2.3 Food & Beverage
6.2.4 Mining
6.2.5 Metals
6.2.6 Oil & Gas
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global I/O Modules in Process Industries Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 I/O Modules in Process Industries Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America I/O Modules in Process Industries Analysis and Forecast
9.1 Introduction
9.2 North America I/O Modules in Process Industries Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America I/O Modules in Process Industries Market Size Forecast by Type
9.6.1 Programmable Logic Controller (PLC) I/O
9.6.2 Distributed Control Systems (DCS) I/O
9.6.3 Industrial PC I/O
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America I/O Modules in Process Industries Market Size Forecast by Applications
9.10.1 Electric Power Generation
9.10.2 Cement & Glass
9.10.3 Food & Beverage
9.10.4 Mining
9.10.5 Metals
9.10.6 Oil & Gas
9.10.7 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe I/O Modules in Process Industries Analysis and Forecast
10.1 Introduction
10.2 Europe I/O Modules in Process Industries Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe I/O Modules in Process Industries Market Size Forecast by Type
10.6.1 Programmable Logic Controller (PLC) I/O
10.6.2 Distributed Control Systems (DCS) I/O
10.6.3 Industrial PC I/O
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe I/O Modules in Process Industries Market Size Forecast by Applications
10.10.1 Electric Power Generation
10.10.2 Cement & Glass
10.10.3 Food & Beverage
10.10.4 Mining
10.10.5 Metals
10.10.6 Oil & Gas
10.10.7 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific I/O Modules in Process Industries Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific I/O Modules in Process Industries Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific I/O Modules in Process Industries Market Size Forecast by Type
11.6.1 Programmable Logic Controller (PLC) I/O
11.6.2 Distributed Control Systems (DCS) I/O
11.6.3 Industrial PC I/O
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific I/O Modules in Process Industries Market Size Forecast by Applications
11.10.1 Electric Power Generation
11.10.2 Cement & Glass
11.10.3 Food & Beverage
11.10.4 Mining
11.10.5 Metals
11.10.6 Oil & Gas
11.10.7 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America I/O Modules in Process Industries Analysis and Forecast
12.1 Introduction
12.2 Latin America I/O Modules in Process Industries Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America I/O Modules in Process Industries Market Size Forecast by Type
12.6.1 Programmable Logic Controller (PLC) I/O
12.6.2 Distributed Control Systems (DCS) I/O
12.6.3 Industrial PC I/O
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America I/O Modules in Process Industries Market Size Forecast by Applications
12.10.1 Electric Power Generation
12.10.2 Cement & Glass
12.10.3 Food & Beverage
12.10.4 Mining
12.10.5 Metals
12.10.6 Oil & Gas
12.10.7 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) I/O Modules in Process Industries Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) I/O Modules in Process Industries Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) I/O Modules in Process Industries Market Size Forecast by Type
13.6.1 Programmable Logic Controller (PLC) I/O
13.6.2 Distributed Control Systems (DCS) I/O
13.6.3 Industrial PC I/O
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) I/O Modules in Process Industries Market Size Forecast by Applications
13.10.1 Electric Power Generation
13.10.2 Cement & Glass
13.10.3 Food & Beverage
13.10.4 Mining
13.10.5 Metals
13.10.6 Oil & Gas
13.10.7 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 I/O Modules in Process Industries Market: Competitive Dashboard
14.2 Global I/O Modules in Process Industries Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ABB
14.3.2 Rockwell Automation
14.3.3 Siemens
14.3.4 Emerson Electric
14.3.5 ABB
