New ARC Advisory Group research on the IO Modules in Discrete Automation market reveals that since programmable logic controllers and programmable automation controllers continue to be the preferred choice among machine builders and end users, this will also directly impact the demand for IO modules used in all discrete applications. The market took a strong hit in 2020 due to the coronavirus pandemic and is expected to revive from 2021 onward, subject to how the global economies deal with the existing pandemic situation.
“The concepts of Industrial Internet of Things (IoT) and Industry 4.0, along with technologies such as the Cloud, additive manufacturing, and remote maintenance/operation, have the potential to become disruptive elements,” according to Siddhartha Maiti, Analyst at ARC Advisory Group and principal author of ARC’s IO Modules for Discrete Automation Global Market Research report.
“The market for IO modules in discrete automation will benefit from the opportunity presented by these long-term trends in the automation market, which will all lead to more measuring, more control, increasing share of automated production, and the need to increase communication with the smallest entity on the plant floor. This will continue to drive demand for discrete IO modules,” added Siddhartha.
Leading Suppliers of IO Modules for Discrete Automation
In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading machine builders to this market and provides and summarizes their relevant offering. In alphabetical order, these include Mitsubishi Electric, OMRON, Phoenix Contact, Rockwell Automation, and Siemens.
About IO Modules for Discrete Automation Research
This ARC research explores current and historical market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts for IO modules sold for discrete automation applications. 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, plus five-year market forecasts by industry, machinery segmentations, sales channels, customers, types, form factors, digital modules by number of channels, and safety.
This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include:
- Market Intelligence Workbook (Excel) – personalized spreadsheet includes up to five years of historical data in addition to the current base year market data and five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.
- Concise Presentation Market Analysis Report (PDF) – This wide-screen presentation format makes it much easier to find detailed information on a market. This new format provides executives, business unit managers, and other authorized users with immediate access to in-depth market analysis, including analysis associated with every market data chart and figure. Included is an executive-level summary of the current market dynamics, five-year market forecast, and competitive analysis, plus an overview of strategic issues. The PDF is available with a comprehensive set of charts with associated analysis.
For more information on this and other available ARC market research, please visit our Market Data & Studies section.