Market Overview:
The global IP20 IO modules market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for industrial automation across different industries and regions. The local I/O modules segment is expected to hold the largest share of the market during the forecast period, owing to its low cost and easy installation. However, remote I/O modules are expected to grow at a higher rate than other segments, as they offer several advantages such as improved performance, increased security, and reduced wiring costs.
Product Definition:
An IP20 IO Module is a device that helps to protect electronic equipment from dust and water. They are used in a variety of settings, including factories, data centers, and hospitals.
Local I/O Modules:
Local I/O modules are a set of instructions stored in an IP20 or IO module that allows the user to access local devices such as sensors and actuators. The growth factor for this market is the increasing demand from end-user industries such as healthcare, manufacturing, oil & gas and construction among others. These industries require high accuracy Industrial Ethernet connectivity with low latency for their applications which can be achieved by using Local I/O Modules.
Remote I/O Modules:
Remote I/O modules are used in IP20 IO modules. They have a wide range of applications such as temperature sensors, pressure sensors, level sensors and many more. The market is expected to grow at a significant rate owing to the increasing demand for smart buildings and advanced automation systems across the globe.
The key drivers for this market include growing adoption of IoT technology along with an increase in investments by companies towards building smart infrastructure globally.
Application Insights:
The product finds application in control room automation, plant floor automation, process control and other applications. The demand for the product is expected to grow at a significant rate owing to its increasing use in industrial operations across various industries such as oil & gas, chemical, petrochemical and power generation.
DCS controllers dominated the global market with a share of over 30% in 2017. Increasing demand for digital solutions across multiple industry verticals are anticipated to drive the growth of this segment over the forecast period. The rising need for advanced technology DCS controllers that can be integrated with PLCs is also projected to fuel their demand over the next eight years.
Regional Analysis:
Asia Pacific region accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing industrial automation, rising demand for programmable logic controllers (PLCs) with higher safety standards, and rising investments in data centers. Moreover, growing penetration of smart devices coupled with high internet usage rates has led to a significant increase in demand from end-use industries such as healthcare & life sciences, transportation & logistics, manufacturing & production management etc.
The Latin American market is anticipated to witness considerable growth over the forecast period owing to increasing government initiatives pertaining toward adoption of digital technologies across various sectors such as education and healthcare among others.
Europe IP20 io modules market was valued at USD X million in 2017 owing to presence of major players such as ABB Ltd.
Growth Factors:
- Increasing demand from the automotive industry for IP20 IO modules for in-vehicle networking and advanced driver assistance systems (ADAS)
- Proliferation of IIoT and Industry 4.0 applications, which are driving the need for more reliable and secure communication between machines
- Growing demand from the consumer electronics market for IP20 IO modules in smart TVs, home automation systems, and other IoT devices
- Rising popularity of modular data centers, which is increasing demand for high-density IP20 IO modules
- Increasing use of Ethernet as a networking standard in industrial applications, due to its advantages over traditional fieldbus technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
IP20 IO Modules Market Research Report
By Type
Local I/O Modules, Remote I/O Modules, Unbundled I/O Modules
By Application
DCS Controllers, PLC Controllers, PAC Controllers, IPC
By Companies
Siemens, Rockwell, Mitsubishi, Omron, Wago, Phoenix contact, Foxborro, GE, Beckhoff, Weidmuller, Siemens
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
200
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global IP20 IO Modules Market Report Segments:
The global IP20 IO Modules market is segmented on the basis of:
Types
Local I/O Modules, Remote I/O Modules, Unbundled I/O Modules
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
DCS Controllers, PLC Controllers, PAC Controllers, IPC
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:
- Siemens
- Rockwell
- Mitsubishi
- Omron
- Wago
- Phoenix contact
- Foxborro
- GE
- Beckhoff
- Weidmuller
- Siemens
Highlights of The IP20 IO Modules 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:
- Local I/O Modules
- Remote I/O Modules
- Unbundled I/O Modules
- By Application:
- DCS Controllers
- PLC Controllers
- PAC Controllers
- IPC
- 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 IP20 IO Modules 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?
IP20 IO Modules are a type of electronic module that can be used in industrial applications. They are designed to withstand harsh environmental conditions, including high temperatures and humidity.
Some of the key players operating in the ip20 io modules market are Siemens, Rockwell, Mitsubishi, Omron, Wago, Phoenix contact, Foxborro, GE, Beckhoff, Weidmuller, Siemens.
The ip20 io modules 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 IP20 IO Modules 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 IP20 IO Modules Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 IP20 IO Modules 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 IP20 IO Modules 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 IP20 IO Modules Market Size & Forecast, 2018-2028 4.5.1 IP20 IO Modules Market Size and Y-o-Y Growth 4.5.2 IP20 IO Modules Market Absolute $ Opportunity
Chapter 5 Global IP20 IO Modules 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 IP20 IO Modules Market Size Forecast by Type
5.2.1 Local I/O Modules
5.2.2 Remote I/O Modules
5.2.3 Unbundled I/O Modules
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global IP20 IO Modules 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 IP20 IO Modules Market Size Forecast by Applications
6.2.1 DCS Controllers
6.2.2 PLC Controllers
6.2.3 PAC Controllers
6.2.4 IPC
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global IP20 IO Modules 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 IP20 IO Modules 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 IP20 IO Modules Analysis and Forecast
9.1 Introduction
9.2 North America IP20 IO Modules 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 IP20 IO Modules Market Size Forecast by Type
9.6.1 Local I/O Modules
9.6.2 Remote I/O Modules
9.6.3 Unbundled I/O Modules
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 IP20 IO Modules Market Size Forecast by Applications
9.10.1 DCS Controllers
9.10.2 PLC Controllers
9.10.3 PAC Controllers
9.10.4 IPC
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 IP20 IO Modules Analysis and Forecast
10.1 Introduction
10.2 Europe IP20 IO Modules 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 IP20 IO Modules Market Size Forecast by Type
10.6.1 Local I/O Modules
10.6.2 Remote I/O Modules
10.6.3 Unbundled I/O Modules
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 IP20 IO Modules Market Size Forecast by Applications
10.10.1 DCS Controllers
10.10.2 PLC Controllers
10.10.3 PAC Controllers
10.10.4 IPC
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 IP20 IO Modules Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific IP20 IO Modules 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 IP20 IO Modules Market Size Forecast by Type
11.6.1 Local I/O Modules
11.6.2 Remote I/O Modules
11.6.3 Unbundled I/O Modules
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 IP20 IO Modules Market Size Forecast by Applications
11.10.1 DCS Controllers
11.10.2 PLC Controllers
11.10.3 PAC Controllers
11.10.4 IPC
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 IP20 IO Modules Analysis and Forecast
12.1 Introduction
12.2 Latin America IP20 IO Modules 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 IP20 IO Modules Market Size Forecast by Type
12.6.1 Local I/O Modules
12.6.2 Remote I/O Modules
12.6.3 Unbundled I/O Modules
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 IP20 IO Modules Market Size Forecast by Applications
12.10.1 DCS Controllers
12.10.2 PLC Controllers
12.10.3 PAC Controllers
12.10.4 IPC
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) IP20 IO Modules Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) IP20 IO Modules 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) IP20 IO Modules Market Size Forecast by Type
13.6.1 Local I/O Modules
13.6.2 Remote I/O Modules
13.6.3 Unbundled I/O Modules
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) IP20 IO Modules Market Size Forecast by Applications
13.10.1 DCS Controllers
13.10.2 PLC Controllers
13.10.3 PAC Controllers
13.10.4 IPC
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 IP20 IO Modules Market: Competitive Dashboard
14.2 Global IP20 IO Modules Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Siemens
14.3.2 Rockwell
14.3.3 Mitsubishi
14.3.4 Omron
14.3.5 Wago
14.3.6 Phoenix contact
14.3.7 Foxborro
14.3.8 GE
14.3.9 Beckhoff
14.3.10 Weidmuller
14.3.11 Siemens