Input/Output (I/O) Modules Market - 2013 Report
Nov 01, 2013 (M2 PRESSWIRE via COMTEX) --
Research and Markets (http://www.researchandmarkets.com/research/w4q36v/global_io) has announced the addition of the I/O Modules Market - 2013 Report to their offering.
Global I/O Modules Market To Grow At A CAGR Of 7.91 Percent Over The Period 2012-2016
The report has been prepared based on an in-depth market analysis with inputs from industry experts. Commenting on the report, an analyst from the researchers' team said: The introduction of high-speed I/O modules is a new trend in the Global I/O Modules market. There are various reasons why most end-users would prefer high-speed I/O modules. Essentially, network response time has been greatly improved since the introduction of high-speed Ethernet-based networks. However, no changes were made to upgrade I/O modules. As a result, a high-speed Ethernet-based network was not achieved in practice because an I/O module bottleneck was present. Therefore high-speed I/O modules have been developed to overcome this bottleneck and to work efficiently with high-speed Ethernet-based networks. Moreover, many latest machine applications demand a faster response time which is possible only with high-speed I/O modules.
According to the report, one of the major drivers in the market is the growth of the manufacturing industries. The recovery of manufacturing industries, especially in Germany and China has increased the need for PLCs and consequently I/O modules.
Further, the report states that the Global I/O Modules market generates a large portion of its revenue from PLCs, but the demand for PLCs was adversely affected during the global recession of 2008-2009, resulting in a decline in the sales of I/O modules. However, the Global Automation Controller market has started to grow since 2010 due to the emergence of manufacturing industries across the globe, which in turn has had a positive impact on the Global I/O Modules market. Thus, the growth of the Global I/O Modules market is highly dependent on the growth of the Global Automation Controller market.
Key Topics Covered
1. Executive Summary
2. List of Abbreviations
4. Market Research Methodology
5. Scope of the Report
6. Market Landscape
7. Geographical Segmentation
8. Vendor Landscape
9. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Key Vendor Analysis
- Honeywell International
- Mitsubishi Electric
- Rockwell Automation
- Schneider Electric
- Yokogawa Electric
For more information visit http://www.researchandmarkets.com/research/w4q36v/global_io
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