According to the latest market research study released by Technavio, the global I/O modules market in discrete industries is expected to grow at a CAGR of more than 4% during the forecast period 2016-2020.
This market research report by Technavio provides an in-depth analysis of the market in terms of revenue and emerging market trends. The report also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
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Technavio research analysts categorize the global I/O modules market in discrete industries based on controller type:
Global I/O modules market in discrete industries share by controller type 2015
|
PLC I/O |
75.43% |
|
DCS I/O |
13.01% |
|
Industrial PC I/O |
11.56% |
Source: Technavio
The top three revenue contributing controller segments are discussed below:
Global PLC I/O modules in discrete industries
PLC I/O accounted for around 75% share of the global I/O modules market in discrete industries in 2015. PLC is mostly used in control applications and play a vital role in industrial automation systems. PLC provide vigorous computing structure, communication, and I/O infrastructure, and support the execution of control, monitoring, and supervision application. The hardware of PLC includes a CPU, a memory unit, and I/O module. In the I/O module the input points convert electrical signals from the controlled process into program input variables, while the output points in the I/O module convert program output variables into commands to control the process actuators. The growing PLC market will lead to further growth in the I/O module market.
“Owing to huge investments in automation of plants, various industries such as automotive, electronics, and semiconductor are increasingly adopting PLC. It is expected that the majority of future purchases for PLC-based control applications in the automotive industry will be for modular type I/O modules. The primary driver for market growth is the heavy investments made by motor vehicle manufacturers in the purchase of plant, property, equipment, and industrial control solutions,” says Bharath Kaniappan, a senior lead analyst at Technavio for research on automation.
The automotive industry was the largest revenue generator in the global PLC market in 2015. The key revenue generators of this market are China, Japan, South Korea, and India.
Global DCS I/O modules in discrete industries
In 2015, DCS I/O accounted for over 13% share in the global I/O modules market in discrete industries. DCs I/O modules can be installed both in indoor and outdoor locations wherever field I/O devices are located. They are either mounted individually or in small clusters and by its installation close to the operating I/O devices, the length of the connecting wires can be shortened, resulting in a reduced cabling costs. As modules are manufactured using surface-mount technology, they become rough and resistant to vibration which is required for field operations. Moreover, the enclosure safeguards the modules against dust and corrosive elements. DCS I/O devices can easily adopt Ethernet protocols to access web functions. Unlike, previously when operators required IP address for each device added to a machine’s network, distributed I/O can integrate all the machines via one IP address. The automotive industry accounts for the highest end-user market share of DCS I/O modules and is expected to increase during the forecast period, resulting in the overall growth of this market segment.
Global industrial PC-based I/O module in discrete industries
In 2015, industrial PCs accounted for around 12% share of the global I/O modules market in discrete industries. Industrial PCs are highly upgraded and offer high performing computing solutions with a flexible I/O interface and display options. They are mainly used for process control and data acquisition. There are several types of industrial PCs that include box, rock mount, panel, embedded panel, embedded box, and din rail with I/O. Industrial PCs along with multiple graphical capabilities have higher grade CPU. Industrial PCs that possess higher graphical capabilities for vision and human machine interface (HMI) display applications are mostly preferred by the vendors as they are rough and can withstand high temperatures, vibrations and shocks. Industrial PC I/O modules assist companies to improve control regarding visualization, measurement, and motion. Independent component suppliers hold the largest share of industrial PC I/O module shipments. The open bus architecture and operating systems of industrial PCs have given autonomous component suppliers the best prospect to enter the market with more product contributions. Industrial PC I/O will soon be popular than its other counterparts as vendors are offering high performing and innovative PCs that can be easily operated even under extreme climatic conditions and would not require much of maintenance. It is expected that the aerospace and defense production industries will have the maximum use of industrial PC I/O resulting in the highest growth of industrial PC I/O.
The top leading vendors operating in the global I/O modules market in discrete industries are:
- ABB
- Emerson Electric
- Siemens
- Rockwell Automation
Some of the other prominent vendors identified in this report are Acromag, AdvanTech, B&R, Beckhoff Automation, Festo, GE, Hitachi, IDEC, Mitsubishi Electric, Moeller, National Instruments, Omron, Parsec Automation, Pepperl + Fuchs, RS Component, Turck Automation, Wago, Yamatake Control Products, and Yokogawa.
A more detailed analysis is available in the Technavio report titled, ‘Global I/O Modules Market in Discrete Industries 2016-2020‘. Technavio also customizes reports by other regions and specific segments upon request.
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- Global Manufacturing Execution Systems Market in Discrete Industries 2016-2020
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