Intelligent Modules Market Report is prepared after discussion with industry experts studying vital data of Intelligent Modules Market. The market data comprises of market size, market trends market challenges. The report also talks about the challenges faced by new entrants in the Intelligent Modules Market i.e. competitive scenario is mentioned in the report.
I/O modules are devices that connect field devices, such as drives, actuators, and sensors with controllers, such as PLC, DCS, and industrial PCs. Intelligent I/O modules are also called specialty I/O modules or functional I/O modules. These are defined as devices which have their own processors independent of the controllers processor and act as a connection between the peripherals and the controllers. These I/O modules are basically used in function-specific applications like speed control, humidity control, temperature control, and others. Process industries are expected to contribute more to the global I/O modules market with a share of nearly 80% by revenue. The major industries contributing to the global I/O modules market are power, water and wastewater, oil and gas, food and beverages, automotive, and pharmaceutical.
Market analysts forecast the global intelligent I/O modules market to grow at a CAGR of 6.19% during the period 2017-2021.
Key market data mentioned in the report:
Part 1: Intelligent Modules Market Executive Summary
Part 2: Intelligent Modules Market Growth opportunities
Part 3: Intelligent Modules Market Vendor Landscape
Part 4: Intelligent Modules Market Characteristics sizing 2017
Part 5: Five Forces Analysis
Part 6: Market Segmentation By Product Type
Part 7: Drivers Challenges
Part 8: Regional Landscape