Market Share of Safety IO Modules Industry
The safety IOmodules marketis consolidated due to a few major playersare having a huge share of the market.Some of the key players includeABB Ltd., Siemens AG, Rockwell Automation Inc.,Schneider Electric, Honeywell InternationalInc.,Advantech Co.Ltd.l, Parmley Graham Ltd., Weidmuller Interface GmbH & Co. KG, among others.
- January 2019 -Rockwell Automation, Inc.acquired Emulate3D, an innovative engineering software developer whose products digitally simulate and emulate industrial automation systems. By using accurate simulation models to improve systems planning and decision-making, followed by emulation trials that test the control system before installation, Emulate3D’s software enables customers to virtually test machine and system designs before incurring manufacturing and automation costs and committing to a final design.
Safety IO Modules Market Leaders
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ABB Ltd.
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Rockwell Automation Inc.
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Siemens AG
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Schneider Electric
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Honeywell International Inc.
*Disclaimer: Major Players sorted in no particular order
