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. Its objective is to provide a technological platform that enables the development and use of sensors and actuators that can produce and consume enriched sets of data that in turn can be used for economically optimizing industrial automated 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.
Market Analysis and Insights: Global IO-Link Market
The global IO-Link market is projected to grow from US$ 2873.1 million in 2024 to US$ 5824.7 million by 2030, at a Compound Annual Growth Rate (CAGR) of 12.5% during the forecast period.
Global IO-Link key players include SICK, Siemens, Murrelektronik, ifm Electronic, Beckhoff, etc. Global top five manufacturers hold a share about 23%. Europe is the largest market, with a share about 36%, followed by North America and Asia Pacific, both have a share about 51 percent. In terms of product, IO-Link Master is the largest segment, with a share over 40%. And in terms of application, the largest application is Machine Tool & Assembly Line, followed by Intralogistics, etc.
Report Covers:
This report presents an overview of global market for IO-Link market size. Analyses of the global market trends, with historic market revenue data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.
This report researches the key producers of IO-Link, also provides the revenue of main regions and countries. Highlights of the upcoming market potential for IO-Link, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the IO-Link revenue, market share and industry ranking of main companies, data from 2019 to 2024. Identification of the major stakeholders in the global IO-Link market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, revenue, and growth rate, from 2019 to 2030. Evaluation and forecast the market size for IO-Link revenue, projected growth trends, production technology, application and end-user industry.
Market Segmentation
By Company
SICK
Siemens
Murrelektronik
ifm Electronic
Rockwel Automation
Beckhoff
Baumer Group
Turck
WAGO
Belden
Bosch Rexforth
Pepperl+Fuchs
Balluff
Wenglor
奥别颈诲尘眉濒濒别谤
Omron
Segment by Type
IO-Link Master
IO-Link Sensor
Others
Segment by Application
Machine Tool & Assembly Line
Intralogistics
Packaging
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
China
Asia (excluding China)
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Brazil
Mexico
Turkey
Israel
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Revenue of IO-Link in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world. This section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of IO-Link companies鈥� competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: North America (US & Canada) by Type, by Application and by country, revenue for each segment.
Chapter 7: Europe by Type, by Application and by country, revenue for each segment.
Chapter 8: China by Type, and by Application, revenue for each segment.
Chapter 9: Asia (excluding China) by Type, by Application and by region, revenue for each segment.
Chapter 10: Middle East, Africa, and Latin America by Type, by Application and by country, revenue for each segment.
Chapter 11: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, IO-Link revenue, gross margin, and recent development, etc.
Chapter 12: Analyst's Viewpoints/Conclusions
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1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global IO-Link Market Size Growth Rate by Type, 2019 VS 2023 VS 2030
1.2.2 IO-Link Master
1.2.3 IO-Link Sensor
1.2.4 Others
1.3 Market by Application
1.3.1 Global IO-Link Market Size Growth Rate by Application, 2019 VS 2023 VS 2030
1.3.2 Machine Tool & Assembly Line
1.3.3 Intralogistics
1.3.4 Packaging
1.3.5 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global IO-Link Market Perspective (2019-2030)
2.2 Global IO-Link Growth Trends by Region
2.2.1 IO-Link Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 IO-Link Historic Market Size by Region (2019-2024)
2.2.3 IO-Link Forecasted Market Size by Region (2025-2030)
2.3 IO-Link Market Dynamics
2.3.1 IO-Link Industry Trends
2.3.2 IO-Link Market Drivers
2.3.3 IO-Link Market Challenges
2.3.4 IO-Link Market Restraints
3 Competition Landscape by Key Players
3.1 Global Revenue IO-Link by Players
3.1.1 Global IO-Link Revenue by Players (2019-2024)
3.1.2 Global IO-Link Revenue Market Share by Players (2019-2024)
3.2 Global IO-Link Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players of IO-Link, Ranking by Revenue, 2022 VS 2023 VS 2024
3.4 Global IO-Link Market Concentration Ratio
3.4.1 Global IO-Link Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by IO-Link Revenue in 2023
3.5 Global Key Players of IO-Link Head office and Area Served
3.6 Global Key Players of IO-Link, Product and Application
3.7 Global Key Players of IO-Link, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 IO-Link Breakdown Data by Type
4.1 Global IO-Link Historic Market Size by Type (2019-2024)
4.2 Global IO-Link Forecasted Market Size by Type (2025-2030)
5 IO-Link Breakdown Data by Application
5.1 Global IO-Link Historic Market Size by Application (2019-2024)
5.2 Global IO-Link Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America IO-Link Market Size (2019-2030)
6.2 North America IO-Link Market Size by Type
6.2.1 North America IO-Link Market Size by Type (2019-2024)
6.2.2 North America IO-Link Market Size by Type (2025-2030)
6.2.3 North America IO-Link Market Share by Type (2019-2030)
6.3 North America IO-Link Market Size by Application
6.3.1 North America IO-Link Market Size by Application (2019-2024)
6.3.2 North America IO-Link Market Size by Application (2025-2030)
6.3.3 North America IO-Link Market Share by Application (2019-2030)
6.4 North America IO-Link Market Size by Country
6.4.1 North America IO-Link Market Size by Country: 2019 VS 2023 VS 2030
6.4.2 North America IO-Link Market Size by Country (2019-2024)
6.4.3 North America IO-Link Market Size by Country (2025-2030)
6.4.4 U.S.
6.4.5 Canada
7 Europe
7.1 Europe IO-Link Market Size (2019-2030)
7.2 Europe IO-Link Market Size by Type
7.2.1 Europe IO-Link Market Size by Type (2019-2024)
7.2.2 Europe IO-Link Market Size by Type (2025-2030)
7.2.3 Europe IO-Link Market Share by Type (2019-2030)
7.3 Europe IO-Link Market Size by Application
7.3.1 Europe IO-Link Market Size by Application (2019-2024)
7.3.2 Europe IO-Link Market Size by Application (2025-2030)
7.3.3 Europe IO-Link Market Share by Application (2019-2030)
7.4 Europe IO-Link Market Size by Country
7.4.1 Europe IO-Link Market Size by Country: 2019 VS 2023 VS 2030
7.4.2 Europe IO-Link Market Size by Country (2019-2024)
7.4.3 Europe IO-Link Market Size by Country (2025-2030)
7.4.3 Germany
7.4.4 France
7.4.5 U.K.
7.4.6 Italy
7.4.7 Russia
7.4.8 Nordic Countries
8 China
8.1 China IO-Link Market Size (2019-2030)
8.2 China IO-Link Market Size by Type
8.2.1 China IO-Link Market Size by Type (2019-2024)
8.2.2 China IO-Link Market Size by Type (2025-2030)
8.2.3 China IO-Link Market Share by Type (2019-2030)
8.3 China IO-Link Market Size by Application
8.3.1 China IO-Link Market Size by Application (2019-2024)
8.3.2 China IO-Link Market Size by Application (2025-2030)
8.3.3 China IO-Link Market Share by Application (2019-2030)
9 Asia (excluding China)
9.1 Asia IO-Link Market Size (2019-2030)
9.2 Asia IO-Link Market Size by Type
9.2.1 Asia IO-Link Market Size by Type (2019-2024)
9.2.2 Asia IO-Link Market Size by Type (2025-2030)
9.2.3 Asia IO-Link Market Share by Type (2019-2030)
9.3 Asia IO-Link Market Size by Application
9.3.1 Asia IO-Link Market Size by Application (2019-2024)
9.3.2 Asia IO-Link Market Size by Application (2025-2030)
9.3.3 Asia IO-Link Market Share by Application (2019-2030)
9.4 Asia IO-Link Market Size by Region
9.4.1 Asia IO-Link Market Size by Region: 2019 VS 2023 VS 2030
9.4.2 Asia IO-Link Market Size by Region (2019-2024)
9.4.3 Asia IO-Link Market Size by Region (2025-2030)
9.4.4 Japan
9.4.5 South Korea
9.4.6 China Taiwan
9.4.7 Southeast Asia
9.4.8 India
9.4.9 Australia
10 Middle East, Africa, and Latin America
10.1 Middle East, Africa, and Latin America IO-Link Market Size (2019-2030)
10.2 Middle East, Africa, and Latin America IO-Link Market Size by Type
10.2.1 Middle East, Africa, and Latin America IO-Link Market Size by Type (2019-2024)
10.2.2 Middle East, Africa, and Latin America IO-Link Market Size by Type (2025-2030)
10.2.3 Middle East, Africa, and Latin America IO-Link Market Share by Type (2019-2030)
10.3 Middle East, Africa, and Latin America IO-Link Market Size by Application
10.3.1 Middle East, Africa, and Latin America IO-Link Market Size by Application (2019-2024)
10.3.2 Middle East, Africa, and Latin America IO-Link Market Size by Application (2025-2030)
10.3.3 Middle East, Africa, and Latin America IO-Link Market Share by Application (2019-2030)
10.4 Middle East, Africa, and Latin America IO-Link Market Size by Country
10.4.1 Middle East, Africa, and Latin America IO-Link Market Size by Country: 2019 VS 2023 VS 2030
10.4.2 Middle East, Africa, and Latin America IO-Link Market Size by Country (2019-2024)
10.4.3 Middle East, Africa, and Latin America IO-Link Market Size by Country (2025-2030)
10.4.4 Brazil
10.4.5 Mexico
10.4.6 Turkey
10.4.7 Saudi Arabia
10.4.8 Israel
10.4.9 GCC Countries
11 Key Players Profiles
11.1 SICK
11.1.1 SICK Company Details
11.1.2 SICK Business Overview
11.1.3 SICK IO-Link Introduction
11.1.4 SICK Revenue in IO-Link Business (2019-2024)
11.1.5 SICK Recent Developments
11.2 Siemens
11.2.1 Siemens Company Details
11.2.2 Siemens Business Overview
11.2.3 Siemens IO-Link Introduction
11.2.4 Siemens Revenue in IO-Link Business (2019-2024)
11.2.5 Siemens Recent Developments
11.3 Murrelektronik
11.3.1 Murrelektronik Company Details
11.3.2 Murrelektronik Business Overview
11.3.3 Murrelektronik IO-Link Introduction
11.3.4 Murrelektronik Revenue in IO-Link Business (2019-2024)
11.3.5 Murrelektronik Recent Developments
11.4 ifm Electronic
11.4.1 ifm Electronic Company Details
11.4.2 ifm Electronic Business Overview
11.4.3 ifm Electronic IO-Link Introduction
11.4.4 ifm Electronic Revenue in IO-Link Business (2019-2024)
11.4.5 ifm Electronic Recent Developments
11.5 Rockwel Automation
11.5.1 Rockwel Automation Company Details
11.5.2 Rockwel Automation Business Overview
11.5.3 Rockwel Automation IO-Link Introduction
11.5.4 Rockwel Automation Revenue in IO-Link Business (2019-2024)
11.5.5 Rockwel Automation Recent Developments
11.6 Beckhoff
11.6.1 Beckhoff Company Details
11.6.2 Beckhoff Business Overview
11.6.3 Beckhoff IO-Link Introduction
11.6.4 Beckhoff Revenue in IO-Link Business (2019-2024)
11.6.5 Beckhoff Recent Developments
11.7 Baumer Group
11.7.1 Baumer Group Company Details
11.7.2 Baumer Group Business Overview
11.7.3 Baumer Group IO-Link Introduction
11.7.4 Baumer Group Revenue in IO-Link Business (2019-2024)
11.7.5 Baumer Group Recent Developments
11.8 Turck
11.8.1 Turck Company Details
11.8.2 Turck Business Overview
11.8.3 Turck IO-Link Introduction
11.8.4 Turck Revenue in IO-Link Business (2019-2024)
11.8.5 Turck Recent Developments
11.9 WAGO
11.9.1 WAGO Company Details
11.9.2 WAGO Business Overview
11.9.3 WAGO IO-Link Introduction
11.9.4 WAGO Revenue in IO-Link Business (2019-2024)
11.9.5 WAGO Recent Developments
11.10 Belden
11.10.1 Belden Company Details
11.10.2 Belden Business Overview
11.10.3 Belden IO-Link Introduction
11.10.4 Belden Revenue in IO-Link Business (2019-2024)
11.10.5 Belden Recent Developments
11.11 Bosch Rexforth
11.11.1 Bosch Rexforth Company Details
11.11.2 Bosch Rexforth Business Overview
11.11.3 Bosch Rexforth IO-Link Introduction
11.11.4 Bosch Rexforth Revenue in IO-Link Business (2019-2024)
11.11.5 Bosch Rexforth Recent Developments
11.12 Pepperl+Fuchs
11.12.1 Pepperl+Fuchs Company Details
11.12.2 Pepperl+Fuchs Business Overview
11.12.3 Pepperl+Fuchs IO-Link Introduction
11.12.4 Pepperl+Fuchs Revenue in IO-Link Business (2019-2024)
11.12.5 Pepperl+Fuchs Recent Developments
11.13 Balluff
11.13.1 Balluff Company Details
11.13.2 Balluff Business Overview
11.13.3 Balluff IO-Link Introduction
11.13.4 Balluff Revenue in IO-Link Business (2019-2024)
11.13.5 Balluff Recent Developments
11.14 Wenglor
11.14.1 Wenglor Company Details
11.14.2 Wenglor Business Overview
11.14.3 Wenglor IO-Link Introduction
11.14.4 Wenglor Revenue in IO-Link Business (2019-2024)
11.14.5 Wenglor Recent Developments
11.15 奥别颈诲尘眉濒濒别谤
11.15.1 奥别颈诲尘眉濒濒别谤 Company Details
11.15.2 奥别颈诲尘眉濒濒别谤 Business Overview
11.15.3 奥别颈诲尘眉濒濒别谤 IO-Link Introduction
11.15.4 奥别颈诲尘眉濒濒别谤 Revenue in IO-Link Business (2019-2024)
11.15.5 奥别颈诲尘眉濒濒别谤 Recent Developments
11.16 Omron
11.16.1 Omron Company Details
11.16.2 Omron Business Overview
11.16.3 Omron IO-Link Introduction
11.16.4 Omron Revenue in IO-Link Business (2019-2024)
11.16.5 Omron Recent Developments
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
SICK
Siemens
Murrelektronik
ifm Electronic
Rockwel Automation
Beckhoff
Baumer Group
Turck
WAGO
Belden
Bosch Rexforth
Pepperl+Fuchs
Balluff
Wenglor
奥别颈诲尘眉濒濒别谤
Omron
听
听
*If Applicable.