Global IO-Link Technology Market Growth (Status and Outlook) 2025-2031
The global IO-Link Technology market size is predicted to grow from US$ 3040 million in 2025 to US$ 5666 million in 2031; it is expected to grow at a CAGR of 10.9% from 2025 to 2031.
Global key players of IO-Link technology include SICK, Siemens, Murrelektronik, ifm Electronic, Rockwell Automation and Beckhoff, etc. The top five players hold a share over 25%. The global IO-Link technology are mainly produced in North America and Europe, they occupied for a share about 45%. NorthAmerica and Europe are the main markets of IO-Link technology, with a share over 65%. In terms of product type, IO-Link Sensor is the largest segment, occupied for a share of about 42%, and in terms of application, Machine Tool & Assembly Line has a share about 48 percent.
LPI (LP Information)' newest research report, the “IO-Link Technology Industry Forecast” looks at past sales and reviews total world IO-Link Technology sales in 2024, providing a comprehensive analysis by region and market sector of projected IO-Link Technology sales for 2025 through 2031. With IO-Link Technology sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world IO-Link Technology industry.
This Insight Report provides a comprehensive analysis of the global IO-Link Technology 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 Technology portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global IO-Link Technology market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for IO-Link Technology 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 Technology.
This report presents a comprehensive overview, market shares, and growth opportunities of IO-Link Technology 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
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.