New ARC Advisory Group research on the IO Modules in Discrete Automation market reveals that since programmable logic controllers and programmable automation controllers continue to be the preferred choice among machine builders and end users, this will also directly impact the demand for IO modules used in all discrete applications. The market took a strong hit in 2020 due to the coronavirus pandemic and is expected to revive from 2021 onward, subject to how the global economies deal with the existing pandemic situation.
“The concepts of Industrial Internet of Things (IoT) and Industry 4.0, along with technologies such as the Cloud, additive manufacturing, and remote maintenance/operation, have the potential to become disruptive elements,” according to Siddhartha Maiti, Analyst at ARC Advisory Group and principal author of ARC’s IO Modules for Discrete Automation Global Market Research report.
“The market for IO modules in discrete automation will benefit from the opportunity presented by these long-term trends in the automation market, which will all lead to more measuring, more control, increasing share of automated production, and the need to increase communication with the smallest entity on the plant floor. This will continue to drive demand for discrete IO modules,” added Siddhartha.
Leading Suppliers of IO Modules for Discrete Automation
In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading machine builders to this market and provides and summarizes their relevant offering. In alphabetical order, these include Mitsubishi Electric, OMRON, Phoenix Contact, Rockwell Automation, and Siemens.