Global Point-To-Point IO-Link System Supply, Demand and Key Producers, 2023-2029

Global Point-To-Point IO-Link System Supply, Demand and Key Producers, 2023-2029

The global Point-To-Point IO-Link System market size is expected to reach $ 42270 million by 2029, rising at a market growth of 20.3% CAGR during the forecast period (2023-2029).

The increasing adoption of industrial automation across the globe is a major factor driving the market growth, with manufacturing becoming more digital and mechanized as big data, robotics, and virtual reality become more integrated. Traditional production is transforming into a smart factory with everything connected. Traditional sensors are thus made “smart” through IO-Link, allowing them to connect multiple parameters. In Industry 4.0 scenarios, engineers and maintenance technicians can collect more data from the factory floor. IO-Link allows users to collect output data and track it over time. IO-Link systems offer key benefits such as reduced wiring, remote configuration and monitoring, simple device replacement, increased data availability and advanced diagnostics, which are helping to drive market demand.

Point-to-point IO-Link system is a manufacturer-independent point-to-point communication system used to connect sensors and actuators to an automation system. IO-Link is the first standardised IO technology worldwide for the communication with sensors and also actuators. The powerful point-to-point communication is based on the long established 3-wire sensor and actuator connection without additional requirements regarding the cable material.

This report studies the global Point-To-Point IO-Link System production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Point-To-Point IO-Link System, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Point-To-Point IO-Link System that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Point-To-Point IO-Link System total production and demand, 2018-2029, (K Units)

Global Point-To-Point IO-Link System total production value, 2018-2029, (USD Million)

Global Point-To-Point IO-Link System production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (K Units)

Global Point-To-Point IO-Link System consumption by region & country, CAGR, 2018-2029 & (K Units)

U.S. VS China: Point-To-Point IO-Link System domestic production, consumption, key domestic manufacturers and share

Global Point-To-Point IO-Link System production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (K Units)

Global Point-To-Point IO-Link System production by Type, production, value, CAGR, 2018-2029, (USD Million) & (K Units)

Global Point-To-Point IO-Link System production by Application production, value, CAGR, 2018-2029, (USD Million) & (K Units).

This reports profiles key players in the global Point-To-Point IO-Link System market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Hans Turck, Siemens, Ifm Group, Bosch Rexforth, Baumer Group, ASIX Electronics, Rockwell Automation, Texas Instruments and Balluff, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Point-To-Point IO-Link System market.

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (USD/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Point-To-Point IO-Link System Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Point-To-Point IO-Link System Market, Segmentation by Type
IO-Link Master
IO-Link Sensors
Others

Global Point-To-Point IO-Link System Market, Segmentation by Application
Aerospace
Electronics and Semiconductors
Auto Industry
Medical Treatment
Others

Companies Profiled:
Hans Turck
Siemens
Ifm Group
Bosch Rexforth
Baumer Group
ASIX Electronics
Rockwell Automation
Texas Instruments
Balluff
Keyence
Panasonic
Murrelektronik
SICK
Afag
BD Sensors
Belden
Weidmüller
Omron
Parker Hannifin
Wenglor
Beckhoff
Datalogic
MESCO
Onsoon
Sentinel

Key Questions Answered

1. How big is the global Point-To-Point IO-Link System market?

2. What is the demand of the global Point-To-Point IO-Link System market?

3. What is the year over year growth of the global Point-To-Point IO-Link System market?

4. What is the production and production value of the global Point-To-Point IO-Link System market?

5. Who are the key producers in the global Point-To-Point IO-Link System market?