The ratio of input to output channels in a typical remote I/O module varies with application needs. The input and output signals to a remote I/O module can be analog, digital, or discrete. The digital and discrete input and output signal-based I/O modules are more popular than analog-based signals for all the three controller classes.
Technavio’s analysts forecast the global remote I/O modules market to grow at a CAGR of 5.7% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global remote I/O modules market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales and aftermarket services of remote I/O modules.
The market is divided into the following segments based on geography: - Americas - APAC - EMEA
Technavio's report, Global Remote I/O Modules Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Market driver - Greater proliferation of Ethernet-based remote I/O modules in process and discrete automation - For a full, detailed list, view our report
Market challenge - Capital expenditure cuts by major oil and gas companies - For a full, detailed list, view our report
Market trend - Reduction in prices of raw materials - For a full, detailed list, view our report
Key questions answered in this report - What will the market size be in 2021 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors?
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Methodology Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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