Global IO-Link Market by Size, by Type, by Application, by Region, History and Forecast 2020-2031

Summary

IO-Link is a short distance, bi-directional, digital, point-to-point, wired (or wireless), industrial communications networking standard (IEC 61131-9) used for connecting digital sensors and actuators to either a type of industrial fieldbus or a type of industrial Ethernet. Its objective is to provide a technological platform that enables the development and use of sensors and actuators that can produce and consume enriched sets of data that in turn can be used for economically optimizing industrial automated processes and operations. An IO-Link system consists of an IO-Link master and one or more IO-Link devices, i.e. Sensors or Actuators. The IO-Link master provides the interface to the higher-level controller (PLC) and controls the communication with the connected IO-Link devices.

According to APO Research, The global IO-Link market is projected to grow from US$ million in 2025 to US$ million by 2031, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.

The US & Canada market for IO-Link is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Asia-Pacific market for IO-Link is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The China market for IO-Link is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Europe market for IO-Link is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The major global companies of IO-Link include SICK, Siemens, Murrelektronik, ifm Electronic, Rockwel Automation, Beckhoff, Baumer Group, Turck and WAGO, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

Report Includes


This report presents an overview of global market for IO-Link, market size. Analyses of the global market trends, with historic market revenue data for 2020 - 2024, estimates for 2025, and projections of CAGR through 2031.

This report researches the key producers of IO-Link, also provides the revenue of main regions and countries. Of the upcoming market potential for IO-Link, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the IO-Link revenue, market share and industry ranking of main manufacturers, data from 2020 to 2025. Identification of the major stakeholders in the global IO-Link market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, revenue, and growth rate, from 2020 to 2031. Evaluation and forecast the market size for IO-Link revenue, projected growth trends, production technology, application and end-user industry.


IO-Link Segment by Company

SICK
Siemens
Murrelektronik
ifm Electronic
Rockwel Automation
Beckhoff
Baumer Group
Turck
WAGO
Belden
Bosch Rexforth
Pepperl+Fuchs
Balluff
Wenglor
Weidmüller
Omron

IO-Link Segment by Type

IO-Link Master
IO-Link Sensor
Others

IO-Link Segment by Application

Machine Tool & Assembly Line
Intralogistics
Packaging
Others

IO-Link Segment by Region

North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries

Study Objectives

1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global IO-Link market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of IO-Link and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of IO-Link.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. Revenue of IO-Link in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global IO-Link industry.
Chapter 3: Detailed analysis of IO-Link companies' competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, IO-Linkrevenue, gross margin, and recent development, etc.
Chapter 7: North America (US & Canada) by type, by application and by country, revenue for each segment.
Chapter 8: Europe by type, by application and by country, revenue for each segment.
Chapter 9: China by type, and by application, revenue for each segment.
Chapter 10: Asia (excluding China) by type, by application and by region, revenue for each segment.
Chapter 11: South America, Middle East & Africa by type, by application and by country, revenue for each segment.
Chapter 12: Concluding Insights of the report.

Please Note: Single-User license will be delivered via PDF from the publisher without the rights to print or to edit.


1 Market Overview
1.1 Product Definition
1.2 Market Analysis by Type
1.2.1 Global IO-Link Market Size Growth Rate by Type: 2020 VS 2024 VS 2031
1.2.2 IO-Link Master
1.2.3 IO-Link Sensor
1.2.4 Others
1.3 Market Analysis by Application
1.3.1 Global IO-Link Market Size Growth Rate by Application: 2020 VS 2024 VS 2031
1.3.2 Machine Tool & Assembly Line
1.3.3 Intralogistics
1.3.4 Packaging
1.3.5 Others
1.4 Global Market Growth Prospects
1.5 Global IO-Link Growth Trends by Region
1.5.1 Global IO-Link Market Size by Region: 2020 VS 2024 VS 2031
1.5.2 IO-Link Market Size by Region (2020-2025)
1.5.3 IO-Link Market Size by Region (2026-2031)
1.6 Assumptions and Limitations
1.7 Study Goals and Objectives
1.8 Years Considered
2 Global IO-Link Market Dynamics
2.1 IO-Link Industry Trends
2.2 IO-Link Industry Drivers
2.3 IO-Link Industry Opportunities and Challenges
2.4 IO-Link Industry Restraints
3 Competitive Landscape by Company
3.1 Global IO-Link Revenue by Company (2020-2025)
3.2 Global IO-Link Players Revenue Ranking, 2023 VS 2024 VS 2025
3.3 Global IO-Link Key Company Head office and Area Served
3.4 Global IO-Link Company, Product Type & Application
3.5 Global IO-Link Company Establishment Date
3.6 Market Competitive Analysis
3.6.1 Global IO-Link Market CR5 and HHI
3.6.2 Global Top 5 and 10 IO-Link Players Market Share by Revenue in 2024
3.6.3 2024 IO-Link Tier 1, Tier 2, and Tier 3
4 IO-Link Market by Type
4.1 Global IO-Link Market Size by Type (2020 VS 2024 VS 2031)
4.2 Global IO-Link Market Size by Type (2020-2031)
4.3 Global IO-Link Market Size Share by Type (2020-2031)
5 IO-Link Market by Application
5.1 Global IO-Link Market Size by Application (2020 VS 2024 VS 2031)
5.2 Global IO-Link Market Size by Application (2020-2031)
5.3 Global IO-Link Market Size Share by Application (2020-2031)
6 Company Profiles
6.1 SICK
6.1.1 SICK Comapny Information
6.1.2 SICK Business Overview
6.1.3 SICK IO-Link Revenue and Gross Margin (US$ Million) & (2020-2025)
6.1.4 SICK IO-Link Product Portfolio
6.1.5 SICK Recent Developments
6.2 Siemens
6.2.1 Siemens Comapny Information
6.2.2 Siemens Business Overview
6.2.3 Siemens IO-Link Revenue and Gross Margin (US$ Million) & (2020-2025)
6.2.4 Siemens IO-Link Product Portfolio
6.2.5 Siemens Recent Developments
6.3 Murrelektronik
6.3.1 Murrelektronik Comapny Information
6.3.2 Murrelektronik Business Overview
6.3.3 Murrelektronik IO-Link Revenue and Gross Margin (US$ Million) & (2020-2025)
6.3.4 Murrelektronik IO-Link Product Portfolio
6.3.5 Murrelektronik Recent Developments
6.4 ifm Electronic
6.4.1 ifm Electronic Comapny Information
6.4.2 ifm Electronic Business Overview
6.4.3 ifm Electronic IO-Link Revenue and Gross Margin (US$ Million) & (2020-2025)
6.4.4 ifm Electronic IO-Link Product Portfolio
6.4.5 ifm Electronic Recent Developments
6.5 Rockwel Automation
6.5.1 Rockwel Automation Comapny Information
6.5.2 Rockwel Automation Business Overview
6.5.3 Rockwel Automation IO-Link Revenue and Gross Margin (US$ Million) & (2020-2025)
6.5.4 Rockwel Automation IO-Link Product Portfolio
6.5.5 Rockwel Automation Recent Developments
6.6 Beckhoff
6.6.1 Beckhoff Comapny Information
6.6.2 Beckhoff Business Overview
6.6.3 Beckhoff IO-Link Revenue and Gross Margin (US$ Million) & (2020-2025)
6.6.4 Beckhoff IO-Link Product Portfolio
6.6.5 Beckhoff Recent Developments
6.7 Baumer Group
6.7.1 Baumer Group Comapny Information
6.7.2 Baumer Group Business Overview
6.7.3 Baumer Group IO-Link Revenue and Gross Margin (US$ Million) & (2020-2025)
6.7.4 Baumer Group IO-Link Product Portfolio
6.7.5 Baumer Group Recent Developments
6.8 Turck
6.8.1 Turck Comapny Information
6.8.2 Turck Business Overview
6.8.3 Turck IO-Link Revenue and Gross Margin (US$ Million) & (2020-2025)
6.8.4 Turck IO-Link Product Portfolio
6.8.5 Turck Recent Developments
6.9 WAGO
6.9.1 WAGO Comapny Information
6.9.2 WAGO Business Overview
6.9.3 WAGO IO-Link Revenue and Gross Margin (US$ Million) & (2020-2025)
6.9.4 WAGO IO-Link Product Portfolio
6.9.5 WAGO Recent Developments
6.10 Belden
6.10.1 Belden Comapny Information
6.10.2 Belden Business Overview
6.10.3 Belden IO-Link Revenue and Gross Margin (US$ Million) & (2020-2025)
6.10.4 Belden IO-Link Product Portfolio
6.10.5 Belden Recent Developments
6.11 Bosch Rexforth
6.11.1 Bosch Rexforth Comapny Information
6.11.2 Bosch Rexforth Business Overview
6.11.3 Bosch Rexforth IO-Link Revenue and Gross Margin (US$ Million) & (2020-2025)
6.11.4 Bosch Rexforth IO-Link Product Portfolio
6.11.5 Bosch Rexforth Recent Developments
6.12 Pepperl+Fuchs
6.12.1 Pepperl+Fuchs Comapny Information
6.12.2 Pepperl+Fuchs Business Overview
6.12.3 Pepperl+Fuchs IO-Link Revenue and Gross Margin (US$ Million) & (2020-2025)
6.12.4 Pepperl+Fuchs IO-Link Product Portfolio
6.12.5 Pepperl+Fuchs Recent Developments
6.13 Balluff
6.13.1 Balluff Comapny Information
6.13.2 Balluff Business Overview
6.13.3 Balluff IO-Link Revenue and Gross Margin (US$ Million) & (2020-2025)
6.13.4 Balluff IO-Link Product Portfolio
6.13.5 Balluff Recent Developments
6.14 Wenglor
6.14.1 Wenglor Comapny Information
6.14.2 Wenglor Business Overview
6.14.3 Wenglor IO-Link Revenue and Gross Margin (US$ Million) & (2020-2025)
6.14.4 Wenglor IO-Link Product Portfolio
6.14.5 Wenglor Recent Developments
6.15 Weidmüller
6.15.1 Weidmüller Comapny Information
6.15.2 Weidmüller Business Overview
6.15.3 Weidmüller IO-Link Revenue and Gross Margin (US$ Million) & (2020-2025)
6.15.4 Weidmüller IO-Link Product Portfolio
6.15.5 Weidmüller Recent Developments
6.16 Omron
6.16.1 Omron Comapny Information
6.16.2 Omron Business Overview
6.16.3 Omron IO-Link Revenue and Gross Margin (US$ Million) & (2020-2025)
6.16.4 Omron IO-Link Product Portfolio
6.16.5 Omron Recent Developments
7 North America
7.1 North America IO-Link Market Size (2020-2031)
7.2 North America IO-Link Market Size by Type
7.2.1 North America IO-Link Market Size by Type (2020-2025)
7.2.2 North America IO-Link Market Size by Type (2026-2031)
7.2.3 North America IO-Link Market Share by Type (2020-2031)
7.3 North America IO-Link Market Size by Application
7.3.1 North America IO-Link Market Size by Application (2020-2025)
7.3.2 North America IO-Link Market Size by Application (2026-2031)
7.3.3 North America IO-Link Market Share by Application (2020-2031)
7.4 North America IO-Link Market Size by Country
7.4.1 North America IO-Link Market Size by Country (2020 VS 2024 VS 2031)
7.4.2 North America IO-Link Market Size by Country (2020-2025)
7.4.3 North America IO-Link Market Size by Country (2026-2031)
7.4.4 North America IO-Link Market Share by Country (2020-2031)
7.4.5 United States
7.4.6 Canada
7.4.7 Mexico
8 Europe
8.1 Europe IO-Link Market Size (2020-2031)
8.2 Europe IO-Link Market Size by Type
8.2.1 Europe IO-Link Market Size by Type (2020-2025)
8.2.2 Europe IO-Link Market Size by Type (2026-2031)
8.2.3 Europe IO-Link Market Share by Type (2020-2031)
8.3 Europe IO-Link Market Size by Application
8.3.1 Europe IO-Link Market Size by Application (2020-2025)
8.3.2 Europe IO-Link Market Size by Application (2026-2031)
8.3.3 Europe IO-Link Market Share by Application (2020-2031)
8.4 Europe IO-Link Market Size by Country
8.4.1 Europe IO-Link Market Size by Country (2020 VS 2024 VS 2031)
8.4.2 Europe IO-Link Market Size by Country (2020-2025)
8.4.3 Europe IO-Link Market Size by Country (2026-2031)
8.4.4 Europe IO-Link Market Share by Country (2020-2031)
8.4.5 Germany
8.4.6 France
8.4.7 U.K.
8.4.8 Italy
8.4.9 Russia
8.4.10 Nordic Countries
9 China
9.1 China IO-Link Market Size (2020-2031)
9.2 China IO-Link Market Size by Type
9.2.1 China IO-Link Market Size by Type (2020-2025)
9.2.2 China IO-Link Market Size by Type (2026-2031)
9.2.3 China IO-Link Market Share by Type (2020-2031)
9.3 China IO-Link Market Size by Application
9.3.1 China IO-Link Market Size by Application (2020-2025)
9.3.2 China IO-Link Market Size by Application (2026-2031)
9.3.3 China IO-Link Market Share by Application (2020-2031)
10 Asia (Excluding China)
10.1 Asia IO-Link Market Size (2020-2031)
10.2 Asia IO-Link Market Size by Type
10.2.1 Asia IO-Link Market Size by Type (2020-2025)
10.2.2 Asia IO-Link Market Size by Type (2026-2031)
10.2.3 Asia IO-Link Market Share by Type (2020-2031)
10.3 Asia IO-Link Market Size by Application
10.3.1 Asia IO-Link Market Size by Application (2020-2025)
10.3.2 Asia IO-Link Market Size by Application (2026-2031)
10.3.3 Asia IO-Link Market Share by Application (2020-2031)
10.4 Asia IO-Link Market Size by Country
10.4.1 Asia IO-Link Market Size by Country (2020 VS 2024 VS 2031)
10.4.2 Asia IO-Link Market Size by Country (2020-2025)
10.4.3 Asia IO-Link Market Size by Country (2026-2031)
10.4.4 Asia IO-Link Market Share by Country (2020-2031)
10.4.5 Japan
10.4.6 South Korea
10.4.7 Taiwan
10.4.8 Southeast Asia
10.4.9 India
10.4.10 Australia
11 South America, Middle East & Africa
11.1 South America, Middle East & Africa IO-Link Market Size (2020-2031)
11.2 South America, Middle East & Africa IO-Link Market Size by Type
11.2.1 South America, Middle East & Africa IO-Link Market Size by Type (2020-2025)
11.2.2 South America, Middle East & Africa IO-Link Market Size by Type (2026-2031)
11.2.3 South America, Middle East & Africa IO-Link Market Share by Type (2020-2031)
11.3 South America, Middle East & Africa IO-Link Market Size by Application
11.3.1 South America, Middle East & Africa IO-Link Market Size by Application (2020-2025)
11.3.2 South America, Middle East & Africa IO-Link Market Size by Application (2026-2031)
11.3.3 South America, Middle East & Africa IO-Link Market Share by Application (2020-2031)
11.4 South America, Middle East & Africa IO-Link Market Size by Country
11.4.1 South America, Middle East & Africa IO-Link Market Size by Country (2020 VS 2024 VS 2031)
11.4.2 South America, Middle East & Africa IO-Link Market Size by Country (2020-2025)
11.4.3 South America, Middle East & Africa IO-Link Market Size by Country (2026-2031)
11.4.4 South America, Middle East & Africa IO-Link Market Share by Country (2020-2031)
11.4.5 Brazil
11.4.6 South Africa
11.4.7 Saudi Arabia
11.4.8 Turkey
11.4.9 Argentina
11.4.9 UAE
11.4.9 Egypt
11.4.9 Chile
12 Concluding Insights
13 Appendix
13.1 Reasons for Doing This Study
13.2 Research Methodology
13.3 Research Process
13.4 Authors List of This Report
13.5 Data Source
13.5.1 Secondary Sources
13.5.2 Primary Sources
13.6 Disclaimer

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