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Remote I/O Devices Market Size, Share & Growth | Report 2030

Remote I/O Devices Market

Name: Growth Market Reports
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Telephone: +1 909 414 1393

Segments - by Product Type (Compact I/O, Field I/O, and Modular I/O), by End-user (Aerospace, Automotive, Chemical, Energy & Power, Food & Beverage, Healthcare, Metals & Mining, Oil & Gas, Packaging, Semiconductor & Electronics, Others), and by Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2022 – 2030

ICT-SE-5441
4.7 Rating
508 Pages

10-09-2023
75 Reviews

Author :

Raksha Sharma

Fact-checked by :

Amulya Agarwal

Editor :

Shruti Bhat

Report Description

Remote I/O Devices Market Outlook 2031

The Global Remote I/O Devices Market size was valued at USD 2,559.9 Million in 2021 and is projected to reach USD 4,388.4 Million by 2030, expanding at a CAGR of 6.2% during the forecast period. Remote I/O module technology provides an access to sensor-level data in difficult-to-reach areas that propels the market in the coming years.

Remote I/O enables main devices such as programmable logic controllers (PLCs) to monitor and control the input and output of data from a distant location through a network. Input and output signals are either digital or analog. Actuators or sensors are scattered in several places, and it is not feasible to configure a pair of controllers at every location, as it is too expensive and not efficient.

If the distances between sensors/actuators and controllers are longer, the signals may be easily disturbed by noise, resulting in increased data errors. Therefore, installing remote I/O near sensors to transfer data to controllers reduces cost, wiring complexity, and time.

Remote I/O Devices Market Dynamics

Rise In Investments in Smart Grid

Smart grid is an electricity network that uses digital and other progressive technologies to manage and monitor the transport of electricity from all production sources to meet the changing electricity demands of end-users.

Smart grids synchronize the capabilities and needs of all grid operators, generators, end users, and stakeholders in the electricity market to operate overall parts of the system as efficiently as possible, minimizing expenses & environmental effects while maximizing system flexibility, resilience, stability, and reliability.

In the past few years, smart grid communication and automation application gained popularity. Thus, the adoption of remote I/O devices increased in the smart grids.

In smart grid applications, I/O devices are used for fault indication and reporting the information further to the higher-level system for fault restoration. Increasing investment in smart grids is anticipated to further drive the demand for I/O devices during the forecast period.

For instance, as of October 2021, the UK and India are supporting clean energy initiatives agreed on a joint plan for renewable energy and smart power.

The renewable energy, smart power, and storage program helps to supplement the ongoing efforts to promote efficient power distribution, electric vehicles, industrial energy efficiency, solar & offshore wind generation, and energy storage. Therefore, increasing government initiatives and investment in smart grid projects is expected to boost the demand for remote I/O devices during the forecast period.

Growing Focus on Industry Automation across the Globe

The need for integrated communication is increasing while actuators and sensors are becoming more and more intelligent. Remote I/O are electronic devices that employ transmission technology to send & receive output and input signals to/from main electronic devices such as PLC, Distributed Control Systems (DCS), and PCs, often in the fields of process or industry automation.

I/O devices transmit all actuator and sensor signals to the controller in the industrial automation and control industry. All of this makes automation powerful than before.

High-speed I/O devices brings simple remote monitoring and control to industrial automation where real-time response is critical for machine control. Moreover, remote I/O devices aid in standardizing linking between switching sensors & devices to control the point-to-point connection in an industrial system.

Moreover, industry 4.0 automation technologies, through Industrial Internet of Things (IIoT) control, connect, and monitor networks of devices, gadgets, machines, robots and cloud information in real time via cloud monitoring.

The added value of Industry 4.0 automation no longer emphases exclusively on its profitability and efficiency, but on increasing substantial development and flexibility of the quality of manufacturing processes and significantly reducing margins of error. Thus, growing focus on industrial automation is anticipated to boost the demand for remote I/O devices during the forecast period.

Potential Hidden Cost Associated with Remote I/O Devices & Modules

Remote I/O systems have the potential to save a significant amount of money by reducing wiring requirements; however, hidden costs are associated with remote I/O devices. For instance, while implementing remote I/O devices in a system, they need to be configured with all other additional I/O modules.

A significant hidden cost in building management is the software engineering of I/O modules. The interface between the sensors, controller, relays, and other ancillary devices incurs high costs. Thus, the potential hidden cost associated with remote I/O devices and modules is anticipated to hamper the remote i/o devices market growth during the forecast period.

Increasing Demand for Remote I/O Module

The PLC is accountable for sending commands out while the remote I/O basically acts as a pathway between data and PLC. Thus, in numerous I/O setups, the PLC is located in an entirely separate location from the hardware. Thus, the demand for remote I/O module for diverse hardware configuration options is anticipated to create lucrative growth opportunities for the market during the forecast period.

Scope of the Remote I/O Devices Market Report

The report on the global Remote I/O Devices Market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Remote I/O Devices Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast
Base Year	2021
Historic Data	2015 – 2020
Forecast Period	2022 – 2030
Segmentation	by Product Type (Compact I/O, Field I/O, and Modular I/O), by End-user (Aerospace, Automotive, Chemical, Energy & Power, Food & Beverage, Healthcare, Metals & Mining, Oil & Gas, Packaging, Semiconductor & Electronics, Others)
Regional Scope	North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered	ABB, Brainboxes Limited, Eaton, Emerson Electric Co., Mitsubishi Electric Corporation, Moxa Inc., OMRON Corporation, Pepperl+Fuchs AG, Rockwell Automation, Inc., Siemens, IPC2U, Hans Turck GmbH & Co. KG, Renesas Electronics Corporation, R. STAHL AG, Autonics Corporation, Beckhoff Automation

Remote I/O Devices Market Segmental Outlook

Based on Product, the global remote I/O devices market share is segregated into compact I/O, field I/O, and modular I/O. The compact I/O segment held largest share of over 52.4% in 2021. Compact I/O are ideal for applications with high-processing requirements. Moreover, flexible configuration offered by compact I/O is expected to fuel the segment during the forecast period.

By industry, the segment is divided into aerospace, automotive, chemical, energy & power, food & beverage, healthcare, metals & mining, oil & gas, packaging, semiconductor & electronics, and others. The semiconductor & electronics segment is expected to expand at a CAGR of 6.2% during the forecast period. The emergence of Industry 4.0 and the integration of automotive technologies in the manufacturing processes are anticipated to fuel the segment during the forecast period.

Region Outlook

Asia Pacific is expected to expand at a CAGR of 6.7%. In Asia Pacific, growing focus on factory automation is expected to fuel the market in the region during the forecast period. For instance, in March 2022 Japan based electrical and electronics equipment manufacturing company Mitsubishi Electric Corporation acquired 42,000 square meters of land in Owariasahi City, Japan to establish a novel production site for the manufacture of factory automation (FA) control system products from April 2025.

Key Benefits for Industry Participants & Stakeholders

In-depth Analysis of the Global Remote I/O Devices Market
Historical, Current and Projected Market Size in terms of Value.
Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
Industry Drivers, Restraints and Opportunities Covered in the Study
Recent Industry Trends and Developments
Competitive Landscape & Strategies of Key Players
Neutral Perspective on Global Remote I/O Devices Market Performance

Segments

By Product Type

Compact I/O
Field I/O
Modular I/O

By Industry

Aerospace
Automotive
Chemical
Energy & Power
Food & Beverage
Healthcare
Metals & Mining
Oil & Gas
Packaging
Semiconductor & Electronics
Others

By Regions

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

Key Players

Beckhoff Automation
ABB
Brainboxes Limited
Eaton
Emerson Electric Co.
Mitsubishi Electric Corporation
Moxa Inc.
OMRON Corporation
Pepperl+Fuchs AG
Rockwell Automation, Inc.
Siemens
IPC2U
Hans Turck GmbH & Co. KG
Renesas Electronics Corporation
R. STAHL AG
Autonics Corporation

Competitive Landscape

Top players in the market include ABB, Brainboxes Limited, Eaton, Emerson Electric Co., Mitsubishi Electric Corporation, Moxa Inc., OMRON Corporation, Pepperl+Fuchs AG, Rockwell Automation, Inc., Siemens, IPC2U, Hans Turck GmbH & Co. KG, Renesas Electronics Corporation, R. STAHL AG, Autonics Corporation, and Beckhoff Automation. The players are adopting key strategies such as acquisition, collaborations, and geographical expansion where potential opportunities for the global remote I/O devices market.

Table Of Content

Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Remote I/O Devices Market Overview
   4.1 Introduction
      4.1.1 Market Taxonomy
      4.1.2 Market Definition
      4.1.3 Macro-Economic Factors Impacting the Market Growth
   4.2 Remote I/O Devices Market Dynamics
      4.2.1 Market Drivers
      4.2.2 Market Restraints
      4.2.3 Market Opportunity
   4.3 Remote I/O Devices Market - Supply Chain Analysis
      4.3.1 List of Key Suppliers
      4.3.2 List of Key Distributors
      4.3.3 List of Key Consumers
   4.4 Key Forces Shaping the Remote I/O Devices Market
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Buyers
      4.4.3 Threat of Substitution
      4.4.4 Threat of New Entrants
      4.4.5 Competitive Rivalry
   4.5 Global Remote I/O Devices Market Size & Forecast, 2015-2030
      4.5.1 Remote I/O Devices Market Size and Y-o-Y Growth
      4.5.2 Remote I/O Devices Market Absolute $ Opportunity
Chapter 5 Global Remote I/O Devices Market Analysis and Forecast Product Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities Product Type
      5.1.2 Basis Point Share (BPS) Analysis Product Type
      5.1.3 Absolute $ Opportunity Assessment Product Type
   5.2 Remote I/O Devices Market Size Forecast Product Type
      5.2.1 Compact I/O
      5.2.2 Field I/O
      5.2.3 Modular I/O
   5.3 Market Attractiveness Analysis Product Type
Chapter 6 Global Remote I/O Devices Market Analysis and Forecast Industry
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities Industry
      6.1.2 Basis Point Share (BPS) Analysis Industry
     6.1.3 Absolute $ Opportunity Assessment Industry
   6.2 Remote I/O Devices Market Size Forecast Industry
      6.2.1 Aerospace
         6.2.1.1 Product Type
      6.2.2 Automotive
         6.2.2.1 Product Type
      6.2.3 Chemical
         6.2.3.1 Product Type
      6.2.4 Energy & Power
         6.2.4.1 Product Type
      6.2.5 Food & Beverage
         6.2.5.1 Product Type
      6.2.6 Healthcare
         6.2.6.1 Product Type
      6.2.7 Metals & Mining
         6.2.7.1 Product Type
      6.2.8 Oil & Gas
         6.2.8.1 Product Type
      6.2.9 Packaging
         6.2.9.1 Product Type
      6.2.10 Semiconductor & Electronics
         6.2.10.1 Product Type
      6.2.11 Others
         6.2.11.1 Product Type
   6.3 Market Attractiveness Analysis Industry
Chapter 7 Global Remote I/O Devices Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Remote I/O Devices Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
   8.1 Introduction
   8.2 Current & Future Impact Analysis
   8.3 Economic Impact Analysis
   8.4 Government Policies
   8.5 Investment Scenario
Chapter 9 North America Remote I/O Devices Analysis and Forecast
   9.1 Introduction
   9.2 North America Remote I/O Devices Market Size Forecast by Country
      9.2.1 U.S.
         9.2.1.1 Product Type
         9.2.1.2 Industry
            9.2.1.2.1 Product Type
      9.2.2 Canada
         9.2.2.1 Product Type
         9.2.2.2 Industry
            9.2.2.2.1 Product Type
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Remote I/O Devices Market Size Forecast Product Type
      9.6.1 Compact I/O
      9.6.2 Field I/O
      9.6.3 Modular I/O
   9.7 Basis Point Share (BPS) Analysis Product Type
   9.8 Absolute $ Opportunity Assessment Product Type
   9.9 Market Attractiveness Analysis Product Type
   9.10 North America Remote I/O Devices Market Size Forecast Industry
      9.10.1 Aerospace
         9.10.1.1 Product Type
      9.10.2 Automotive
         9.10.2.1 Product Type
      9.10.3 Chemical
         9.10.3.1 Product Type
      9.10.4 Energy & Power
         9.10.4.1 Product Type
      9.10.5 Food & Beverage
         9.10.5.1 Product Type
      9.10.6 Healthcare
         9.10.6.1 Product Type
      9.10.7 Metals & Mining
         9.10.7.1 Product Type
      9.10.8 Oil & Gas
         9.10.8.1 Product Type
      9.10.9 Packaging
         9.10.9.1 Product Type
      9.10.10 Semiconductor & Electronics
         9.10.10.1 Product Type
      9.10.11 Others
         9.10.11.1 Product Type
   9.11 Basis Point Share (BPS) Analysis Industry
   9.12 Absolute $ Opportunity Assessment Industry
   9.13 Market Attractiveness Analysis Industry
Chapter 10 Europe Remote I/O Devices Analysis and Forecast
   10.1 Introduction
   10.2 Europe Remote I/O Devices Market Size Forecast by Country
      10.2.1 Germany
         10.2.1.1 Product Type
         10.2.1.2 Industry
            10.2.1.2.1 Product Type
      10.2.2 France
         10.2.2.1 Product Type
         10.2.2.2 Industry
            10.2.2.2.1 Product Type
      10.2.3 Italy
         10.2.3.1 Product Type
         10.2.3.2 Industry
            10.2.3.2.1 Product Type
      10.2.4 U.K.
         10.2.4.1 Product Type
         10.2.4.2 Industry
            10.2.4.2.1 Product Type
      10.2.5 Spain
         10.2.5.1 Product Type
         10.2.5.2 Industry
            10.2.5.2.1 Product Type
      10.2.6 Russia
         10.2.6.1 Product Type
         10.2.6.2 Industry
            10.2.6.2.1 Product Type
      10.2.7 Rest of Europe
         10.2.7.1 Product Type
         10.2.7.2 Industry
            10.2.7.2.1 Product Type
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Remote I/O Devices Market Size Forecast Product Type
      10.6.1 Compact I/O
      10.6.2 Field I/O
      10.6.3 Modular I/O
   10.7 Basis Point Share (BPS) Analysis Product Type
   10.8 Absolute $ Opportunity Assessment Product Type
   10.9 Market Attractiveness Analysis Product Type
   10.10 Europe Remote I/O Devices Market Size Forecast Industry
      10.10.1 Aerospace
         10.10.1.1 Product Type
      10.10.2 Automotive
         10.10.2.1 Product Type
      10.10.3 Chemical
         10.10.3.1 Product Type
      10.10.4 Energy & Power
         10.10.4.1 Product Type
      10.10.5 Food & Beverage
         10.10.5.1 Product Type
      10.10.6 Healthcare
         10.10.6.1 Product Type
      10.10.7 Metals & Mining
         10.10.7.1 Product Type
      10.10.8 Oil & Gas
         10.10.8.1 Product Type
      10.10.9 Packaging
         10.10.9.1 Product Type
      10.10.10 Semiconductor & Electronics
         10.10.10.1 Product Type
      10.10.11 Others
         10.10.11.1 Product Type
   10.11 Basis Point Share (BPS) Analysis Industry
   10.12 Absolute $ Opportunity Assessment Industry
   10.13 Market Attractiveness Analysis Industry
Chapter 11 Asia Pacific Remote I/O Devices Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Remote I/O Devices Market Size Forecast by Country
      11.2.1 China
         11.2.1.1 Product Type
         11.2.1.2 Industry
            11.2.1.2.1 Product Type
      11.2.2 Japan
         11.2.2.1 Product Type
         11.2.2.2 Industry
            11.2.2.2.1 Product Type
      11.2.3 South Korea
         11.2.3.1 Product Type
         11.2.3.2 Industry
            11.2.3.2.1 Product Type
      11.2.4 India
         11.2.4.1 Product Type
         11.2.4.2 Industry
            11.2.4.2.1 Product Type
      11.2.5 Australia
         11.2.5.1 Product Type
         11.2.5.2 Industry
            11.2.5.2.1 Product Type
      11.2.6 South East Asia (SEA)
         11.2.6.1 Product Type
         11.2.6.2 Industry
            11.2.6.2.1 Product Type
      11.2.7 Rest of Asia Pacific (APAC)
         11.2.7.1 Product Type
         11.2.7.2 Industry
            11.2.7.2.1 Product Type
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Remote I/O Devices Market Size Forecast Product Type
      11.6.1 Compact I/O
      11.6.2 Field I/O
      11.6.3 Modular I/O
   11.7 Basis Point Share (BPS) Analysis Product Type
   11.8 Absolute $ Opportunity Assessment Product Type
   11.9 Market Attractiveness Analysis Product Type
   11.10 Asia Pacific Remote I/O Devices Market Size Forecast Industry
      11.10.1 Aerospace
         11.10.1.1 Product Type
      11.10.2 Automotive
         11.10.2.1 Product Type
      11.10.3 Chemical
         11.10.3.1 Product Type
      11.10.4 Energy & Power
         11.10.4.1 Product Type
      11.10.5 Food & Beverage
         11.10.5.1 Product Type
      11.10.6 Healthcare
         11.10.6.1 Product Type
      11.10.7 Metals & Mining
         11.10.7.1 Product Type
      11.10.8 Oil & Gas
         11.10.8.1 Product Type
      11.10.9 Packaging
         11.10.9.1 Product Type
      11.10.10 Semiconductor & Electronics
         11.10.10.1 Product Type
      11.10.11 Others
         11.10.11.1 Product Type
   11.11 Basis Point Share (BPS) Analysis Industry
   11.12 Absolute $ Opportunity Assessment Industry
   11.13 Market Attractiveness Analysis Industry
Chapter 12 Latin America Remote I/O Devices Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Remote I/O Devices Market Size Forecast by Country
      12.2.1 Brazil
         12.2.1.1 Product Type
         12.2.1.2 Industry
            12.2.1.2.1 Product Type
      12.2.2 Mexico
         12.2.2.1 Product Type
         12.2.2.2 Industry
            12.2.2.2.1 Product Type
      12.2.3 Rest of Latin America (LATAM)
         12.2.3.1 Product Type
         12.2.3.2 Industry
            12.2.3.2.1 Product Type
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Remote I/O Devices Market Size Forecast Product Type
      12.6.1 Compact I/O
      12.6.2 Field I/O
      12.6.3 Modular I/O
   12.7 Basis Point Share (BPS) Analysis Product Type
   12.8 Absolute $ Opportunity Assessment Product Type
   12.9 Market Attractiveness Analysis Product Type
   12.10 Latin America Remote I/O Devices Market Size Forecast Industry
      12.10.1 Aerospace
         12.10.1.1 Product Type
      12.10.2 Automotive
         12.10.2.1 Product Type
      12.10.3 Chemical
         12.10.3.1 Product Type
      12.10.4 Energy & Power
         12.10.4.1 Product Type
      12.10.5 Food & Beverage
         12.10.5.1 Product Type
      12.10.6 Healthcare
         12.10.6.1 Product Type
      12.10.7 Metals & Mining
         12.10.7.1 Product Type
      12.10.8 Oil & Gas
         12.10.8.1 Product Type
      12.10.9 Packaging
         12.10.9.1 Product Type
      12.10.10 Semiconductor & Electronics
         12.10.10.1 Product Type
      12.10.11 Others
         12.10.11.1 Product Type
   12.11 Basis Point Share (BPS) Analysis Industry
   12.12 Absolute $ Opportunity Assessment Industry
   12.13 Market Attractiveness Analysis Industry
Chapter 13 Middle East & Africa (MEA) Remote I/O Devices Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Remote I/O Devices Market Size Forecast by Country
      13.2.1 Saudi Arabia
         13.2.1.1 Product Type
         13.2.1.2 Industry
            13.2.1.2.1 Product Type
      13.2.2 South Africa
         13.2.2.1 Product Type
         13.2.2.2 Industry
            13.2.2.2.1 Product Type
      13.2.3 UAE
         13.2.3.1 Product Type
         13.2.3.2 Industry
            13.2.3.2.1 Product Type
      13.2.4 Rest of Middle East & Africa (MEA)
         13.2.4.1 Product Type
         13.2.4.2 Industry
            13.2.4.2.1 Product Type
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Remote I/O Devices Market Size Forecast Product Type
      13.6.1 Compact I/O
      13.6.2 Field I/O
      13.6.3 Modular I/O
   13.7 Basis Point Share (BPS) Analysis Product Type
   13.8 Absolute $ Opportunity Assessment Product Type
   13.9 Market Attractiveness Analysis Product Type
   13.10 Middle East & Africa (MEA) Remote I/O Devices Market Size Forecast Industry
      13.10.1 Aerospace
         13.10.1.1 Product Type
      13.10.2 Automotive
         13.10.2.1 Product Type
      13.10.3 Chemical
         13.10.3.1 Product Type
      13.10.4 Energy & Power
         13.10.4.1 Product Type
      13.10.5 Food & Beverage
         13.10.5.1 Product Type
      13.10.6 Healthcare
         13.10.6.1 Product Type
      13.10.7 Metals & Mining
         13.10.7.1 Product Type
      13.10.8 Oil & Gas
         13.10.8.1 Product Type
      13.10.9 Packaging
         13.10.9.1 Product Type
      13.10.10 Semiconductor & Electronics
         13.10.10.1 Product Type
      13.10.11 Others
         13.10.11.1 Product Type
   13.11 Basis Point Share (BPS) Analysis Industry
   13.12 Absolute $ Opportunity Assessment Industry
   13.13 Market Attractiveness Analysis Industry
Chapter 14 Competition Landscape
   14.1 Remote I/O Devices Market: Competitive Dashboard
   14.2 Global Remote I/O Devices Market: Market Share Analysis, 2021
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
      14.3.1 ABB Ltd.
      14.3.2 Brainboxes
      14.3.3 Eaton
      14.3.4 Emerson Electric Co.
      14.3.5 Mitsubishi Corp.
      14.3.6 Moxa Inc
      14.3.7 OMRON Corp.
      14.3.8 Pepperl+Fuchs AG
      14.3.9 Rockwell Automation Inc.
      14.3.10 Siemens AG
      14.3.11 Beckhoff
      14.3.12 Turck
      14.3.13 Renesas Electronics Corporation
      14.3.14 R. STAHL AG
      14.3.15 Autonics Corporation
      14.3.16 IPC2U

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FAQ Section

Some frequently asked questions about this report!

1. Which is the base year calculated in the Global Remote I/O Devices Market report and what is analysis period?

The base year considered for the Global Remote I/O Devices Market report is 2021. The complete analysis period is 2015 to 2030, wherein, 2015-2020 are the historic years, and forecast is provided from 2022 to 2030.

2. What additional data analysis is available in report?

In addition to market size (in USD Million), Company Market Share (in % for base year 2021), and Value have been provided in the report.

3. What is the impact of COVID-19 on the overall market during year 2019 -2020?

The pandemic had a negative impact on the global remote I/O devices market as manufacturing operations were hampered by the pandemic, leading to a decline in remote I/O device production. In addition, major disruptions across different end-use industries resulted in weakened demand for the product during the pandemic.