Remote Input Output Modules Global Strategic Business Report 2023: Growing Deployments of Smart Grids Driving a Strong Business Case tmcnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tmcnet.com Daily Mail and Mail on Sunday newspapers.
/PRNewswire/ A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled.
Global Remote Input Output Modules Market to Reach $3.6 Billion by 2026
Remote I/O modules are designed to monitor and control process signals such as mA, volts, temperature, and digital signals. Growth in the global market is set to be driven by a host of factors including increasing investments in next-generation smart grids, rise in investment in industrial automation, increase in adoption of smart agriculture, greater usage of open-source software for remote I/O modules programming and increased use of Ethernet-based remote I/O modules in discreet and process automation. Companies are also working on designing modules with higher bandwidths than available at present. The main aim is to design I/O modules with bandwidths that can be upgraded as and when the need arises in the future with help of a simple firmware change. The popularity of remote I/O modules can be attributed to the benefits they provide by easing the work at sites that not only span long distances but also emplo