ARC’s new research on the market for I/O Modules for Process Automation emphasizes the fact that these critical components serve as the “nervous system” of control systems, facilitating seamless interaction between field devices and systems. In today‘s competitive market, their precision, dependability, and efficiency make them essential. IO modules form an integral part of industrial automation. Due to their accuracy, efficiency, and adaptability, they are indispensable for changing industry needs. The development of process industries is driven by I/O modules in the era of automation and data-driven decision-making.
"In the realm of industrial automation, I/O modules are orchestrating a silent revolution. Their real-time data transmission capabilities are essential for precision, while their unwavering reliability ensures uninterrupted data flow, particularly in demanding environments such as petrochemicals. What sets I/O modules apart is their flexibility, offering modularity that allows for effortless system expansion or modification, resulting in efficiency gains and cost savings. As we advance into Industry 4.0, IO modules are evolving to integrate seamlessly with the Internet of Things (IoT), enhancing predictive maintenance and overall equipment effectiveness," according to Siddhartha Maiti, Senior Analyst and key author of ARC's I/O Modules for Process Automation Market Research.
I/O Modules for Process Automation Market Trends
In addition to providing detailed competitive market share data, the research also addresses key market trends as follows:
- Signal Conditioning
- Moving Beyond the Automation Pyramid: The End of Process Automation IO Modules as Know It?
- Decentralization or Even More IO Distribution
- Better Selling Arguments with Modern IO Features
- Universal I/O: A Model for Future Process I/O Modules
- Software Configurable Process IO Modules
- Condition Monitoring
- Moving to the Edge
- Cloud Computing
- Integration of OEM Services with IIoT
- Convergence of IT and OT
- Industrial 5G
- IO-Link
- Increased Investment in Digital Twins, AI and IoT
- Use of Open Platform Communications
Leading Suppliers to the I/O Modules for Process Automation Market Identified
In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offerings. An alphabetical list of key suppliers covered in this analysis includes: ABB, Emerson Automation Solutions, Honeywell, Rockwell Automation, Siemens.
About the I/O Modules for Process Automation Research
The I/O Modules for Process Automation research explores the current and future market performance and related technology and business trends and identifies leading technology suppliers. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, five-year market forecasts, and five years of historical analysis. The research segmentation includes Industry, Form Factor, Digital Modules by # of Channels, Customer Type, World Region, Sales Channel, Type, Environment, Overall Scope.
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