Global Io-Link Master Market Growth 2025-2031
The global Io-Link Master market size is predicted to grow from US$ 1509 million in 2025 to US$ 3812 million in 2031; it is expected to grow at a CAGR of 16.7% from 2025 to 2031.
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.
Europe is the largest Io-Link Master market with about 34% market share. Asia-Pacific is follower, accounting for about 31% market share. Siemens was the global greatest company in IO-Link Master industry, with the market Share of 6% , followed by Omron, WAGO, ifm Electronic, Belden, Murrelektronik, Rockwell Automation, SICK, Balluff, Turck, Pepperl+Fuchs, Comtrol, Weidmüller, Datalogic , MESCO.
LP Information, Inc. (LPI) ' newest research report, the “Io-Link Master Industry Forecast” looks at past sales and reviews total world Io-Link Master sales in 2024, providing a comprehensive analysis by region and market sector of projected Io-Link Master sales for 2025 through 2031. With Io-Link Master sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Io-Link Master industry.
This Insight Report provides a comprehensive analysis of the global Io-Link Master 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 Master portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Io-Link Master market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Io-Link Master 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 Master.
This report presents a comprehensive overview, market shares, and growth opportunities of Io-Link Master market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
2 port
4 port
8 port
Others
Segmentation by Application:
Industrial Automation
Food & 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.
Siemens
Omron
WAGO
ifm Electronic
Belden
Murrelektronik
Rockwell Automation
SICK
Balluff
Turck
Pepperl+Fuchs
Comtrol
Weidmüller
Datalogic
MESCO
Key Questions Addressed in this Report
What is the 10-year outlook for the global Io-Link Master market?
What factors are driving Io-Link Master market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Io-Link Master market opportunities vary by end market size?
How does Io-Link Master break out by Type, by Application?