DUBLIN--(BUSINESS WIRE)--Jul 4, 2018--The "Global Industrial I/O Modules Market - by Product, End User, Region - Market Size, Demand Forecasts, Company Profiles, Industry Trends and Updates (2017-2023)" report has been added to ResearchAndMarkets.com's offering.

The Global Industrial I/O Modules Market is estimated to grow at a CAGR of 5.91% during the forecast period.

Industrial I/O modules are the devices which connect field devices such as drivers, actuators and sensors with controllers such as PLC, distributed control system (DCS) and Industrial PCs. These I/O modules convert the field signals emitted from field devices and convert them into data and send the data to controllers.

Europe, Middle East Africa will lead the Global Industrial I/O Modules Market accounting to a combined market share of 38% by the end of forecast period while Asia-Pacific region will have a highest growth rate in this market.

Drivers Vs. Constraints

The growth in fuzzy logic modules in programmable controllers, continued developments in power grid projects, development of smart factories and adoption of wireless I/O modules are the some of the reasons which paves a way for the growth of Global Industrial IO Market. The volatility in the prices of raw materials for making I/O modules is a factor which restricts the market growth.

Industry Structure and Updates

Recently, two companies Acromag and Ctek Inc. announced a partnership to offer complete control and monitoring solutions for customers by combining Acromag's signal measurement with Ctek's cellular communication and autonomous controllers.

Companies Mentioned

ABB Emerson Electric General Electric Mitsubishi Electric Rockwell Automation Siemens Bedrock Industries Acromag Ctek Inc. Dataforth Moore Industries Weidmuller Opto 22 Belden Automated Integration

Key Topics Covered:

1. Research Methodology

2. Executive Summary

3. Market Overview

4. Market Dynamics

5. Global Industrial I/O Modules Market - by Product

6. Global Industrial I/O Modules Market - by End User

7. Global Industrial I/O Modules Market - by Region

8. Company Market Share Analysis

9. Company Profiles

10. Industry Structure

11. Global Industrial I/O Modules Market - Road Ahead

12. Tables

13. Disclaimer

For more information about this report visit https://www.researchandmarkets.com/research/4sd2mn/global_industrial?w=4

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SOURCE: Research and Markets

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PUB: 07/04/2018 05:04 AM/DISC: 07/04/2018 05:04 AM