Global IO-Link Hardware Products Market Growth (Status and Outlook) 2024-2030

Global IO-Link Hardware Products Market Growth (Status and Outlook) 2024-2030

IO-Link is a short-range, bidirectional, digital, point-to-point, wired (or wireless) industrial communication network standard (IEC 61131-9) for connecting digital sensors and actuators to any type of industrial fieldbus or an Industrial Ethernet. Its goal is to provide a technology platform that enables the development and use of sensors and actuators that generate and use rich data sets that can in turn be used to economically optimize industrial automation 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.

The global IO-Link Hardware Products market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.

LPI (LP Information)' newest research report, the “IO-Link Hardware Products Industry Forecast” looks at past sales and reviews total world IO-Link Hardware Products sales in 2022, providing a comprehensive analysis by region and market sector of projected IO-Link Hardware Products sales for 2023 through 2029. With IO-Link Hardware Products sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world IO-Link Hardware Products industry.

This Insight Report provides a comprehensive analysis of the global IO-Link Hardware Products landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on IO-Link Hardware Products portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global IO-Link Hardware Products market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for IO-Link Hardware Products and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global IO-Link Hardware Products.

IO-Link was born in Europe and now accounts for a large share of global industrial sensor products and continues to grow.

This report presents a comprehensive overview, market shares, and growth opportunities of IO-Link Hardware Products market by product type, application, key players and key regions and countries.

Segmentation by Type:
IO-Link Master
IO-Link Sensor
Others

Segmentation by Application:
Machine Tool & Assembly Line
Intralogistics
Packaging
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

Segmentation by Type:
IO-Link Master
IO-Link Sensor
Others

Segmentation by Application:
Machine Tool & Assembly Line
Intralogistics
Packaging
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
SICK
ifm Electronic
Rockwell Automation
Beckhoff
Murrelektronik
WAGO
Siemens
Bosch Rexroth
Turck
Belden
Pepperl+Fuchs
Weidmüller
Balluff
Baumer Group
Wenglor
Datalogic

Please note: The report will take approximately 2 business days to prepare and deliver.