I/O Modules for Process Automation

The Process I/O Module Market Research Study delivers current market analysis plus a five year market and technology forecast. The study is available in multiple editions including worldwide and all regions. The market is expected to grow at a single-digit CAGR during the forecast period due to the uncertainties ushered upon by the novel coronavirus across the globe.

Process I/O Module Market Demand Hit by Ongoing Global Pandemic

The IO modules process market took a strong hit in 2020 due to the coronavirus pandemic and is expected to revive in 2021 onward, subject to how the global economies deal with the existing pandemic situation. 

The market revenue declined in 2020 as the majority of the process industries have been impacted by the ongoing pandemic worldwide. All major economies witnessed strong decline in 2020. EMEA held the maximum share, followed by Asia, North America, and Latin America. While revenue in North America declined by double digits in 2020, EMEA, Latin America, and Asia experienced single-digit decline in revenue. The demand from many industries declined in 2020, with some major process industries experiencing double-digit decline.

Technological trends include digitalization of industrial operations. Industrial operations have begun to focus on smart data, instead of just Big Data, that combines product know-how and process expertise with data analytics. This helps reduce unplanned downtimes and improve operational efficiency and enables better decisions.   

The market for process IO modules is dominated by Siemens, ABB, Honeywell, Emerson Automation Solutions, and Rockwell Automation. Overall, ARC’s analysis suggests that broad automation portfolios clearly enable suppliers to garner defensible leadership positions.

Process I/O Module Strategic Issues

Process I/O Modules Market TrendsIn addition to providing a five-year market forecast, the IO modules process market research report provides detailed quantitative current market data and addresses key strategic issues as follows.

Strategic Issue for Vendors: Become Involved in the Open Process Automation Forum 

Following the success of the Open Process Automation Forum (OPAF) proof-of-concept project, ARC encourages end user organizations across the process industries to learn more about the initiative and – if deemed appropriate for their applications – join the OPAF as a member and, if possible, participate in the upcoming testbed research and on-process field trials. This would provide both an opportunity to get a head start toward achieving a long-term resolution to the chronic automation system obsolescence and interoperability issues faced by many process manufacturers and influence the direction of this technology as it develops. OPAF is a forum of The Open Group.  

Strategic Issue for Users: Keep Your Eye on Cloud Software Development Technology

ARC envisions a convergence in the different classes of software (and software development) over the forecast period of this report. Historically, the market has worked with several different classes of software development where each class required unique tooling and deployment. ARC feels this will change as software development tools based on cloud technologies will come to dominate and drive convergence. Furthermore, this convergence will take place at a pace driven by open source development, not the far slower pace of software development characteristic of the industrial automation industry.

Strategic Issue for All Market Participants: COVID-19 Pandemic

The COVID-19 outbreak has caused disruptions to global supply chains and business operations.  While the pandemic significantly impacted the 2020 demand for IO modules, the market projections do take into account industry trends with ARC’s best estimates for how COVID-19 will impact the IO modules market in different process industries. 

Formats and Editions Available

This market study may be purchased as an Excel Workbook and/or as a PDF File.  The Workbook has some unique features such as the ability to view data in local currency.  Regional studies include country and industry market data.  Country studies include market trends and industry data.  Studies and formats available are listed below:  

MIRA Workbook PDF File
Worldwide (includes regional data) Yes Yes
North America (includes country data) Yes No
Latin America (includes country data) Yes No
Europe, Middle East, Africa (includes country data) Yes No
Asia (includes country data) Yes No
Country Profiles No Yes

Countries included in each region.

Table of contents for these studies is shown in the following paragraphs.

Worldwide Research Focus Areas

Strategic Analysis

  • Industry Trends
  • Regional Trends
  • Market Trends
  • Strategies for Success

Competitive Analysis

  • Market Shares of the Leading Suppliers
  • Market Shares by Region
    • North America
    • Europe, Middle East, Africa
    • Asia
    • Latin America
  • Market Shares by Industry
    • Cement & Glass
    • Chemical
    • Electric Power Generation
    • Electric Power T&D
    • Food & Beverage
    • Metals
    • Mining
    • Oil & Gas
    • Pharmaceutical & Biotech
    • Pulp & Paper
    • Refining
    • Semiconductors
    • Water & Wastewater
  • Market Shares by Environment
    • Intrinsically Safe
    • Non-Intrinsically Safe
  • Market Shares by Type
    • Analog Channels (Input & Output)
    • Digital Channels (Input & Output)
    • Intelligent I/O
    • Network Adaptor
    • Power Supply & Chassis
  • Market Shares by Number of Channels
    • 4 and Below
    • 8 Channels
    • 12 Channels
    • 16 Channels
    • 32 Channels
    • Above 32
  • Market Shares by Form Factor
    • Block IO Module (IP20)
    • Modular IO (IP20)
    • Slice IO (IP20)
  • Market Shares by Sales Channel
  • Market Shares by Customer Type

Market Forecasts and Histories

  • Total Shipments of Process I/O Modules
  • Shipments by Region
    • North America
    • Europe, Middle East, Africa
    • Asia
    • Latin America
  • Shipments by Industry
    • Cement & Glass
    • Chemical
    • Electric Power Generation
    • Electric Power T&D
    • Food & Beverage
    • Metals
    • Mining
    • Oil & Gas
    • Pharmaceutical & Biotech
    • Pulp & Paper
    • Refining
    • Semiconductors
    • Water & Wastewater
  • Shipments by Environment
    • Intrinsically Safe
    • Non-Intrinsically Safe
  • Shipments by Type
    • Analog Channels (Input & Output)
    • Digital Channels (Input & Output)
    • Intelligent I/O
    • Network Adaptor
    • Power Supply & Chassis
  • Shipments by Number of Channels
    • 4 and Below
    • 8 Channels
    • 12 Channels
    • 16 Channels
    • 32 Channels
    • Above 32
  • Shipments by Form Factor
    • Block IO Module (IP20)
    • Modular IO (IP20)
    • Slice IO (IP20)
  • Shipments by Sales Channel
  • Shipments by Customer Type

Industry Participants

The research identifies all relevant suppliers serving this market.

Regional Research Focus Areas

Strategic Analysis

Competitive Analysis

  • Leading Suppliers in Region
  • Industry Shares in Region
  • Country Shares in Region
  • Leading Suppliers by Industry

Market History and Forecast Analysis 

  • Market History and Forecast by Country
  • Market History and Forecast by Industry

Industry Participants

List of countries included in each region: MIRA-Country

Country Research Focus Areas

​Please contact us for the countries available for this study.

For More Information

For more information or to purchase I/O Modules for Process Automation study, please contact us.

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