Global IO-Link Hub Market Growth 2025-2031

The global IO-Link Hub market size is predicted to grow from US$ 1517 million in 2025 to US$ 2576 million in 2031; it is expected to grow at a CAGR of 9.2% from 2025 to 2031.

IO-Link hubs allow several digital sensors and actuators to be connected to an IO-Link master via a standard sensor cable. Intended for basic field I/O signals (no IO-Link diagnostic information), these hubs are an economical solution for a high-quality decentralized installation.

According to our research, the global Electronic Components market is approximately USD 466.61 billion in 2022. The Asia-Pacific region is a major market for electronic components. The downstream application fields of the electronic components industry are extensive, including communication equipment, consumer electronics, automotive electronics, smart home, industrial control, military security and other fields. Unlike the strong industry demand in 2021, downstream industry demand in 2022 showed a differentiated trend. The demand for traditional electronic applications represented by mobile phones and computers has turned weak, which has a greater impact on the demand of the entire industry; the demand for communication equipment and data centers has maintained growth but slowed down, and the industrial and Internet of Things driven by digital transformation and the development of artificial intelligence technology The steady growth of application demand and the accelerated development of the new energy vehicle market can offset the decline in some consumer markets and provide support for long-term demand growth.

LP Information, Inc. (LPI) ' newest research report, the “IO-Link Hub Industry Forecast” looks at past sales and reviews total world IO-Link Hub sales in 2024, providing a comprehensive analysis by region and market sector of projected IO-Link Hub sales for 2025 through 2031. With IO-Link Hub sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world IO-Link Hub industry.

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

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for IO-Link Hub 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 Hub.

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

Segmentation by Type:
8 Port
16 Port
Others

Segmentation by Application:
Industrial Automation
Food and Beverage Industry
Control Cabinets
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 analysing the company's coverage, product portfolio, its market penetration.
IFM Electronic
Leuze
Balluff
SICK
Siemens
Murrelektronik
Rockwel Automation
Turck
WAGO
Belden
Pepperl+Fuchs
Weidmüller
Omron

Key Questions Addressed in this Report

What is the 10-year outlook for the global IO-Link Hub market?

What factors are driving IO-Link Hub market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do IO-Link Hub market opportunities vary by end market size?

How does IO-Link Hub break out by Type, by Application?

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