Market Overview:
The global safety input/output modules market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for safety input/output modules in various applications, such as manufacturing, healthcare, energy, and others. Additionally, the growing awareness about safety among end users is also contributing to the growth of this market.
Product Definition:
The safety input/output modules provide a means to connect safety devices and systems to the controller. The modules allow the safe shutdown of equipment or processes in the event of an emergency.
Analog Module:
Analog module is a device that processes real-world quantities and converts them into digital values. It provides an interface between the microcontroller and the input devices, output devices or sensors of a system. Analog modules are extensively used in automotive safety systems such as Anti-Lock Braking Systems (ABS), electronic stability control (ESC) and vehicle anti-theft systems among others.
Digital Module:
The digital module is a small circuit board with an integrated set of electronic components. It is used in the safety input/output modules to perform specific functions such as actuating the emergency stop or performing diagnostics tests. The demand for these modules has been increasing over the past few years owing to their increased use in automobiles and aircraft across the globe.
Safety input/output modules are widely used in railways, automotive,.
Application Insights:
The manufacturing application segment accounted for the largest revenue share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growing manufacturing industry, particularly in emerging countries such as China, India, and Brazil is expected to drive demand for ISIMs over the forecast period.
The healthcare segment was valued at USD 1.5 billion in 2017 and is expected to grow at a CAGR of XX% from 2018 to 2030 owing to increasing utilization of safety modules across various industries including oil & gas, chemical processing plants etc., which require high levels of safety compliance for preventing accidents or incidents resulting from human errors or machine failures during production operations or laboratory activities etc., thereby driving demand for ISIMs over the forecast period.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The region is expected to continue its dominance over the forecast period owing to increasing demand for safety equipment from various end-use industries, such as manufacturing, healthcare and energy. Moreover, rising concerns regarding workplace injuries and illnesses are anticipated to propel regional growth during the forecast period.
The Asia Pacific is projected to be one of the fastest-growing regions during the same period owing to rapid industrialization coupled with growing investments by prominent players in this region for developing new products based on Safety Instrumented Systems (SIS) technology or analog modules. Increasing government initiatives aimed at reducing workplace fatalities are also likely boost regional demand over the next eight years.
Growth Factors:
- Increasing demand for safety input/output modules in the automotive industry to meet the safety requirements of vehicles.
- Growing demand for industrial automation and process control applications, which is expected to drive the growth of the safety input/output modules market.
- Rising awareness about safety among consumers, which is likely to boost the adoption of safety input/output modules across various industries.
- Proliferation of smart factories and IIoT (Industrial Internet of Things) that are expected to create new opportunities for the growth of this market in near future.
Scope Of The Report
Report Attributes
Report Details
Report Title
Safety Input/Output Modules Market Research Report
By Type
Analog Module, Digital Module
By Application
Manufacturing, Healthcare, Energy, Other
By Companies
Rockwell Automation, ABB, Siemens, Honeywell International, Schneider Electric, Parmley Graham, Murrelektronik, Lumberg Automation, Bihl+Wiedemann, Hans Turck, Newtech Engineering
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Safety Input/Output Modules Market Report Segments:
The global Safety Input/Output Modules market is segmented on the basis of:
Types
Analog Module, Digital Module
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
Manufacturing, Healthcare, Energy, Other
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:
- Rockwell Automation
- ABB
- Siemens
- Honeywell International
- Schneider Electric
- Parmley Graham
- Murrelektronik
- Lumberg Automation
- Bihl+Wiedemann
- Hans Turck
- Newtech Engineering
Highlights of The Safety Input/Output 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:
- Analog Module
- Digital Module
- By Application:
- Manufacturing
- Healthcare
- Energy
- Other
- 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 Safety Input/Output 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Safety input/output modules are devices that allow you to monitor and control the safety of your equipment.
Some of the key players operating in the safety input/output modules market are Rockwell Automation, ABB, Siemens, Honeywell International, Schneider Electric, Parmley Graham, Murrelektronik, Lumberg Automation, Bihl+Wiedemann, Hans Turck, Newtech Engineering.
The safety input/output modules market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Safety Input/Output Modules Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Safety Input/Output Modules Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Safety Input/Output Modules Market - Supply Chain
4.5. Global Safety Input/Output Modules Market Forecast
4.5.1. Safety Input/Output Modules Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Safety Input/Output Modules Market Size (000 Units) and Y-o-Y Growth
4.5.3. Safety Input/Output Modules Market Absolute $ Opportunity
5. Global Safety Input/Output Modules Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Safety Input/Output Modules Market Size and Volume Forecast by Type
5.3.1. Analog Module
5.3.2. Digital Module
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Safety Input/Output Modules Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Safety Input/Output Modules Market Size and Volume Forecast by Application
6.3.1. Manufacturing
6.3.2. Healthcare
6.3.3. Energy
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Safety Input/Output Modules Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Safety Input/Output Modules Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Safety Input/Output Modules Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Safety Input/Output Modules Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Safety Input/Output Modules Demand Share Forecast, 2019-2026
9. North America Safety Input/Output Modules Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Safety Input/Output Modules Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Safety Input/Output Modules Market Size and Volume Forecast by Application
9.4.1. Manufacturing
9.4.2. Healthcare
9.4.3. Energy
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Safety Input/Output Modules Market Size and Volume Forecast by Type
9.7.1. Analog Module
9.7.2. Digital Module
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Safety Input/Output Modules Demand Share Forecast, 2019-2026
10. Latin America Safety Input/Output Modules Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Safety Input/Output Modules Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Safety Input/Output Modules Market Size and Volume Forecast by Application
10.4.1. Manufacturing
10.4.2. Healthcare
10.4.3. Energy
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Safety Input/Output Modules Market Size and Volume Forecast by Type
10.7.1. Analog Module
10.7.2. Digital Module
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Safety Input/Output Modules Demand Share Forecast, 2019-2026
11. Europe Safety Input/Output Modules Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Safety Input/Output Modules Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Safety Input/Output Modules Market Size and Volume Forecast by Application
11.4.1. Manufacturing
11.4.2. Healthcare
11.4.3. Energy
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Safety Input/Output Modules Market Size and Volume Forecast by Type
11.7.1. Analog Module
11.7.2. Digital Module
11.8. Basis Point Share (BPS) Analysis by Type 11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Safety Input/Output Modules Demand Share, 2019-2026
12. Asia Pacific Safety Input/Output Modules Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Safety Input/Output Modules Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Safety Input/Output Modules Market Size and Volume Forecast by Application
12.4.1. Manufacturing
12.4.2. Healthcare
12.4.3. Energy
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Safety Input/Output Modules Market Size and Volume Forecast by Type
12.7.1. Analog Module
12.7.2. Digital Module
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Safety Input/Output Modules Demand Share, 2019-2026
13. Middle East & Africa Safety Input/Output Modules Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Safety Input/Output Modules Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Safety Input/Output Modules Market Size and Volume Forecast by Application
13.4.1. Manufacturing
13.4.2. Healthcare
13.4.3. Energy
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Safety Input/Output Modules Market Size and Volume Forecast by Type
13.7.1. Analog Module
13.7.2. Digital Module
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Safety Input/Output Modules Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Safety Input/Output Modules Market: Market Share Analysis
14.2. Safety Input/Output Modules Distributors and Customers
14.3. Safety Input/Output Modules Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Rockwell Automation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ABB
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Siemens
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Honeywell International
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Schneider Electric
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Parmley Graham
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Murrelektronik
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Lumberg Automation
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Bihl+Wiedemann
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Hans Turck
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Newtech Engineering
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
