openPR Logo
Press release

Global Safety IO Modules Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2018 to 2025

04-24-2018 06:36 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orbis Research

Global Safety IO Modules Market Size, Market Share, Application

Safety IO Modules Market investigation reports give a significant wellspring of quick information for business strategists and focused examination. It furnishes the Safety IO Modules business review with development investigation and cutting edge cost, income, Demand and supply information. Real Manufacturers Analysis of Safety IO Modules Market

The global safety IO modules market is Projected to register a CAGR of 5.72% during the forecast period, 2018-2023

The IO module is a mediator between the controller and an external device. It monitors information exchange between peripheral devices. The importance of safety IO devices arose from the dire need for efficient and reliable infrastructure in the hazardous environments. The IO devices are being used in the industry for optimizing the automation process. These modules also decrease the installation time and expense, as they are an integral part of the IO control system, and hence, reduces the need for third-party relays and mapping equipment.

The increasing demand for the safety io modules is a direct consequence of the increase in number of hazardous areas. Rising frequency of accidents in these hazardous areas has led to the establishment of industrial regulatory standards, which drove the demand for safety infrastructure in the market, thereby, steering the market growth. On the contrary, lack of awareness about the robust and reliable IO modules has been a challenge hindering the market growth in the recent past.

The global safety IO modules market is expected to register a CAGR of 5.72% during the forecast period, 2018-2023. The scope of the report is limited to type of safety IO modules, such as analog modules, digital modules among others, ratings of safety IO modules, such as IP 20, IP 67 among others, and end-user applications such as automotive, manufacturing, healthcare, energy & power among others. The regions considered in the scope of the report include - North America, Europe, Asia-Pacific and Rest of the World.

For any queries or to get sample report talk to our experts@ http://orbisresearch.com/contacts/request-sample/2099902

Key Developments in the Market
April 2017 - Murrelektronik launched Heavy-Duty All-purpose Connectors to ensure the reliable transmission of signals, power, data, and pneumatics, even in the toughest industrial environment
January 2017 - ABB developed input/output (I/O) systems, which enable devices to be wired to the nearest cabinet, instead of being wired directly to the controller, leading a complex cabling design work

Major Players: ABB LTD., BIHL+WIEDEMANN GMBH, SCHNEIDER ELECTRIC, ROCKWELL AUTOMATION INC., SIEMENS AG, ROCKWELL AUTOMATION INC., and HONEYWELL INTERNATIONAL, INC., amongst others.

Increasing Demand of Safety IO Modules in Automotive Industry
The automotive industry is one of the fastest growing consumers of safety IO modules. With growing demand for automobiles across the world, companies are pushing towards automated systems to increase productivity of the existing plants. Many automotive manufacturers are either establishing new manufacturing infrastructure across the world or moving the processes in automotive manufacturing, from manual labor to robotic machinery. Thus, with the increase in number of industrial robots and automation, there is a need for interfacing these systems with centralized controllers. The automotive industry is thus deploying IO modules, for monitoring, data collecting, and controlling these systems.
The automotive industry is experiencing a paradigm shift with increasing integration of technology. The autonomous car technology is rapidly advancing with companies investing heavily in this technology. The demand for electric cars is also growing, with companies introducing affordable electric vehicles. This is expected to result in higher demand for automobiles, pushing companies to up their manufacturing capabilities, and establish plants in local markets. Thus, the demand for machinery is expected to grow in the coming years. As safety IO models offer increased reliability and safety without compromising on the operational efficiency, the industry is moving towards safety IO systems. Thus, the automotive industry is expected to be the fastest growing market for safety IO modules, during the forecast period.

Browse complete report with table of content and list of figures@ http://orbisresearch.com/reports/index/global-safety-io-modules-market-analysis-of-growth-trends-and-forecasts-2018-2023

Reduced Hardware and Wiring Costs
The global safety IO modules neither require plugs for connecting to the power supply nor cumbersome self-assembled field bus connectors. These modules can be installed in the control cabinet, right where the signals are actually needed. This will reduce the usage of wires, while installing the modules. Moreover, almost any combination of module is possible; the number of inputs/outputs can be matched to suit the task in hand. At times when modules need to be replaced, the front connector can be re-utilized in its fully-wired state for the new module of the same type. The cost, thus saved, can be utilized in other areas.

Reasons to Purchase this Report
Current and future of Global Safety IO Modules Market outlook in the developed and emerging markets
Analyzing various perspectives of the market with the help of Porter’s five forces analysis
The segment that is expected to dominate the market
Regions that are expected to witness fastest growth during the forecast period
Identifying the latest developments, market shares, and strategies employed by the major market players
3 month analyst support, along with the Market Estimate sheet (in excel)

Some Major Points from table of content
1. Introduction
2. Research Approach and Methodology
3. Market Insights
4. Market Dynamics
5. Global Safety IO Modules Market Segmentation
6. Competitive Intelligence – Company Profiles
7. Investment Analysis
8. Future Outlook of Safety IO Modules Market

For discount click here@ http://orbisresearch.com/contacts/discount/2099902

Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.

Hector Costello
Senior Manager – Client Engagements
4144N Central Expressway,
Suite 600, Dallas,
Texas - 75204, U.S.A.
Phone No.: +1 (214) 884-6817; +912064101019
For More PR’s: http://orbisnewsrelease.com
Follow Us on LinkedIn: https://www.linkedin.com/company/orbis-research
Follow us on Twitter: https://twitter.com/orbisresearch

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Safety IO Modules Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2018 to 2025 here

News-ID: 1027479 • Views:

More Releases from Orbis Research

Blood Purification Devices Market 2023-2028 | Top Players Baxter International, Cerus Corporation, Cytosorbents Corporation, Nikkiso Co.Ltd, Asahi Kasei Corporation, Aethlon Medical, Haemonetics, Jafron, B. Braun, Fresenius
Blood Purification Devices Market 2023-2028 | Top Players Baxter International, …
Based on the type segment, the portable equipment segment is expected to hold the largest share in Blood Purification Devices in the year 2028. Professionals that are actively involved in the ongoing purification of blood tend to favour portable equipment. Equipment that is portable enables effective emergency care. Additionally, portable equipment is rather space-efficient and compact, which promotes widespread use throughout the blood-purification process. In a manner similar to how
Clean Beauty Market to Grow at 40.1% CAGR by 2028 - Key Players are Bare Minerals, The Honest Company, Fenty Beauty, Aveda Corporation, Westman Atelier, Victoria Beckham Beauty, Kora Organics, Saie, and True Botanicals
Clean Beauty Market to Grow at 40.1% CAGR by 2028 - Key Players are Bare Mineral …
Clean beauty is described as beauty and personal care products that are made with the safest possible ingredients and have the lowest possible environmental impacts. Clean beauty pertains to products that are safe, non-toxic, and clearly labelled ingredients Also, the ingredients used are cruelty-free and are screened for non-GMO feedstock and residual pesticides. Request a pdf brochure @ https://www.orbisresearch.com/contacts/request-sample/6941781 The Clean Beauty Market is valued at USD 5163.17 Million in 2021 and
Outdoor Power Equipment Market Worth USD 6.49 Bn by 2027 - Industry Trends and S …
The outdoor power equipment generally includes, brush cutters, edger, chain saws, power rakes, and more. Outdoor power equipment is commonly used by end users, such as lawn & plant care providers and landscape service providers, for commercial purposes. The global outdoor power equipment market in 2021 was valued at US$32.22 billion. The market value is projected to reach US$46.49 billion by 2027. Outdoor power equipment (OPE) is an equipment with small
Merchant API Market to reach US$119.11 billion by 2027 - Industry Trends, Growth Drivers, Key Companies and Future Opprtunities
Merchant API Market to reach US$119.11 billion by 2027 - Industry Trends, Growth …
The latest research on "Global Merchant API Market: Analysis By Molecular Type, By Segment, By Type, By Type of Synthesis, By End-User, By Region Size And Trends With Impact Of COVID-19 And Forecast up to 2027" have been added to OrbisResearch.com store. The merchant API market refers to the use of APIs by merchants, or businesses that sell goods and services, to connect their systems and processes with those of other

All 5 Releases


More Releases for Safety

Water-Filled Barricades Market Report Analysis, Research Studies | OTW Safety, S …
DataM Intelligence has published a new research report on "Water-Filled Barricades Market Size 2024". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status. Get a Free Sample Research PDF -
Safety Eyewear Market Size Development Trends, Analysis and Forecast by 2028 | B …
Global Safety Eyewear Market is an exploration report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. These bits of knowledge offered in the Safety Eyewear Market report would benefit request players to define systems for the future and gain a solid situation in the worldwide market request development.
Welding Safety Market Business Opportunities 2026 - Top Companies are 3M Welding …
A new research study has been presented by Dataintelo.com offering a comprehensive analysis on the Global Welding Safety Market where user can benefit from the complete market research report with all the required useful information about this market. The report discusses all major market aspects with expert opinion on current market status along with historic data. This market report is a detailed study on the growth, investment opportunities, market statistics,
Fire Blanket Market By Key Players: Tyco International, Kidde Safety, Honeywell …
Fire Blanket Industry Overview The Fire Blanket market research study relies upon a combination of primary as well as secondary research. It throws light on the key factors concerned with generating and limiting Fire Blanket market growth. In addition, the current mergers and acquisition by key players in the market have been described at length. Additionally, the historical information and current growth of the market have been given in the scope of the research report. The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Fire Blanket market
A Latest Research On Welding Safety Market Global Analysis By Key Players-3M Wel …
UpMarketResearch offers a latest published report on “Global Welding Safety Market Industry Analysis and Forecast 2018-2023” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 91 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. The report contains basic, secondary and advanced information pertaining to the Welding Safety global status and
Excellent Growth of Gas Masks Market- 3M, Honeywell, Avon Protection Systems, MS …
MarketResearchNest.com adds “Korea Gas Masks Market Research Report 2018” new report to its research database. The report spread across 112 pages with multiple tables and figures in it. Korea plays an important role in global market, with market size of xx million USD in 2017 and will be xx million USD in 2025, with a CAGR of xx%. This report studies the Gas Masks development status and future trend in Korea, focuses