[email protected] +44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ |

Global IO-Link Market Size study, By Component, IO-link Master, IO-link Devices, Sensor Nodes, Modules, Actuators, RFID Read Heads, Others), By Type (IO-link Wired, IO-link Wireless), By Application (Machine Tool, Handling & Assembly Automation, Intralogistics, Packaging), By End Use Industry (Oil & Gas, Energy & Power, Automotive, Aerospace & Defense, Pharmaceuticals, Food & Beverages, Chemicals, Others), and Regional Forecasts 2022-2028

June 2022 | 200 pages | ID: GC68D49AE32EEN
Bizwit Research & Consulting LLP

US$ 4,950.00

E-mail Delivery (PDF), Hard Copy Mail Delivery

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
Global IO-Link Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. The IO-Link can be defined as a point-to-point communication protocol. It is bi-directional, means works two ways and works over a short distance. It is widely used to communicate with sensors and actuators in plant or factory setup. IO-Link, the field devices, such as actuators and sensors, connected to a central device that communicates to a Programmable Logic Controller. This setup is utilized across different industries such as Oil & Gas, Energy & Power, Automotive, Aerospace & Defense, Pharmaceuticals, Food & Beverages, and Chemicals among others. The growing spending on industrial automation and increasing adoption of IO-Link in automotive sector as well as recent product launches from leading market players are factors that are accelerating the global market demand. For instance, according to Statista – in 2022, global industrial automation market was estimated at USD 175 billion, and the size of the global industrial automation market is projected to grow to USD 265 billion by 2025, witnessing a compound annual growth rate (CAGR) of around 9 percent. Furthermore, leading market players are coming up with new products to capitalize the increasing demand for IO link systems. For instance, in May 2022, North Carolina, US based SPX FLOW, Inc., specializes in process solutions for the Industrial and Nutrition & Health markets, launched a new control unit as a part of the CU4plus platform. The new platform also features IO-Link communication protocol. The CU4plus IO-link Control Unit works with all APV and Waukesha Cherry-Burrell valve ranges and can be integrated with any existing installed base. Also, growing adoption of Industry 4.0. and rising investment towards Industrial Internet of Things (IIoT) solutions are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, rising concern over cyber-attacks and increasing adoption of compact machines impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global IO-Link Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing automation across different industries and presence of leading market players in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as the thriving growth of the automotive sector and increasing investment towards industrial automation in the region, would create lucrative growth prospects for the global IO-Link Market across the Asia Pacific region.

Major market players included in this report are:
Siemens
Hans Turck GmbH & Co. KG
Balluff GmbH
ifm electronic GmbH
SICK AG
Rockwell Automation, Inc.
Omron Corporation
Pepperl+Fuchs
Banner Engineering Corp.
Emerson Electric Co.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Component
IO-link Master
IO-link Devices
Sensor Nodes
Modules
Actuators
RFID Read Heads
Others

By Type
IO-link Wired
IO-link Wireless
By Application
Machine Tool
Handling & Assembly Automation
Intralogistics
Packaging
By End Use Industry
Oil & Gas
Energy & Power
Automotive
Aerospace & Defense
Pharmaceuticals
Food & Beverages
Chemicals
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global IO-Link Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
  1.2.1. Global IO-Link Market, by Region, 2020-2028 (USD Million)
  1.2.2. Global IO-Link Market, by Component, 2020-2028 (USD Million)
  1.2.3. Global IO-Link Market, by Type, 2020-2028 (USD Million)
  1.2.4. Global IO-Link Market, by Application, 2020-2028 (USD Million)
  1.2.5. Global IO-Link Market, by End Use Industry, 2020-2028 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL IO-LINK MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL IO-LINK MARKET DYNAMICS

3.1. IO-Link Market Impact Analysis (2020-2028)
  3.1.1. Market Drivers
    3.1.1.1. Growing spending on industrial automation.
    3.1.1.2. Increasing adoption of IO-Link in automotive sector.
    3.1.1.3. Recent product launches from leading market players.
  3.1.2. Market Challenges
    3.1.2.1. Rising concern over cyber attacks
    3.1.2.2. Increasing adoption of compact machines
  3.1.3. Market Opportunities
    3.1.3.1. Growing adoption of Industry 4.0.
    3.1.3.2. Rising investment towards Industrial Internet of Things (IIoT) solutions

CHAPTER 4. GLOBAL IO-LINK MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies

CHAPTER 5. RISK ASSESSMENT: COVID-19 IMPACT

  5.1.1. Assessment of the overall impact of COVID-19 on the industry
  5.1.2. Pre COVID-19 and post COVID-19 Market scenario

CHAPTER 6. GLOBAL IO-LINK MARKET, BY COMPONENT

6.1. Market Snapshot
6.2. Global IO-Link Market by Component, Performance - Potential Analysis
6.3. Global IO-Link Market Estimates & Forecasts by Component 2018-2028 (USD Million)
6.4. IO-Link Market, Sub Segment Analysis
  6.4.1. IO-link Master
  6.4.2. IO-link Devices
  6.4.3. Sensor Nodes
  6.4.4. Modules
  6.4.5. Actuators
  6.4.6. RFID Read Heads
  6.4.7. Others

CHAPTER 7. GLOBAL IO-LINK MARKET, BY TYPE

7.1. Market Snapshot
7.2. Global IO-Link Market by Type, Performance - Potential Analysis
7.3. Global IO-Link Market Estimates & Forecasts by Type 2018-2028 (USD Million)
7.4. IO-Link Market, Sub Segment Analysis
  7.4.1. IO-link Wired
  7.4.2. IO-link Wireless

CHAPTER 8. GLOBAL IO-LINK MARKET, BY APPLICATION

8.1. Market Snapshot
8.2. Global IO-Link Market by Application, Performance - Potential Analysis
8.3. Global IO-Link Market Estimates & Forecasts by Application 2018-2028 (USD Million)
8.4. IO-Link Market, Sub Segment Analysis
  8.4.1. Machine Tool
  8.4.2. Handling & Assembly Automation
  8.4.3. Intralogistics
  8.4.4. Packaging

CHAPTER 9. GLOBAL IO-LINK MARKET, BY END USE INDUSTRY

9.1. Market Snapshot
9.2. Global IO-Link Market by End Use Industry, Performance - Potential Analysis
9.3. Global IO-Link Market Estimates & Forecasts by End Use Industry 2018-2028 (USD Million)
9.4. IO-Link Market, Sub Segment Analysis
  9.4.1. Oil & Gas
  9.4.2. Energy & Power
  9.4.3. Automotive
  9.4.4. Aerospace & Defense
  9.4.5. Pharmaceuticals
  9.4.6. Food & Beverages
  9.4.7. Chemicals
  9.4.8. Others

CHAPTER 10. GLOBAL IO-LINK MARKET, REGIONAL ANALYSIS

10.1. IO-Link Market, Regional Market Snapshot
10.2. North America IO-Link Market
  10.2.1. U.S. IO-Link Market
    10.2.1.1. Component estimates & forecasts, 2018-2028
    10.2.1.2. Type estimates & forecasts, 2018-2028
    10.2.1.3. Application estimates & forecasts, 2018-2028
    10.2.1.4. End Use Industry estimates & forecasts, 2018-2028
  10.2.2. Canada IO-Link Market
10.3. Europe IO-Link Market Snapshot
  10.3.1. U.K. IO-Link Market
  10.3.2. Germany IO-Link Market
  10.3.3. France IO-Link Market
  10.3.4. Spain IO-Link Market
  10.3.5. Italy IO-Link Market
  10.3.6. Rest of Europe IO-Link Market
10.4. Asia-Pacific IO-Link Market Snapshot
  10.4.1. China IO-Link Market
  10.4.2. India IO-Link Market
  10.4.3. Japan IO-Link Market
  10.4.4. Australia IO-Link Market
  10.4.5. South Korea IO-Link Market
  10.4.6. Rest of Asia Pacific IO-Link Market
10.5. Latin America IO-Link Market Snapshot
  10.5.1. Brazil IO-Link Market
  10.5.2. Mexico IO-Link Market
10.6. Rest of The World IO-Link Market

CHAPTER 11. COMPETITIVE INTELLIGENCE

11.1. Top Market Strategies
11.2. Company Profiles
  11.2.1. Siemens
    11.2.1.1. Key Information
    11.2.1.2. Overview
    11.2.1.3. Financial (Subject to Data Availability)
    11.2.1.4. Product Summary
    11.2.1.5. Recent Developments
  11.2.2. Hans Turck GmbH & Co. KG
  11.2.3. Balluff GmbH
  11.2.4. ifm electronic GmbH
  11.2.5. SICK AG
  11.2.6. Rockwell Automation, Inc.
  11.2.7. Omron Corporation
  11.2.8. Pepperl+Fuchs
  11.2.9. Banner Engineering Corp.
  11.2.10. Emerson Electric Co.

CHAPTER 12. RESEARCH PROCESS

12.1. Research Process
  12.1.1. Data Mining
  12.1.2. Analysis
  12.1.3. Market Estimation
  12.1.4. Validation
  12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

LIST OF TABLES

TABLE 1. Global IO-Link Market, report scope
TABLE 2. Global IO-Link Market estimates & forecasts by Region 2018-2028 (USD Million)
TABLE 3. Global IO-Link Market estimates & forecasts by Component 2018-2028 (USD Million)
TABLE 4. Global IO-Link Market estimates & forecasts by Type 2018-2028 (USD Million)
TABLE 5. Global IO-Link Market estimates & forecasts by Application 2018-2028 (USD Million)
TABLE 6. Global IO-Link Market estimates & forecasts by End Use Industry 2018-2028 (USD Million)
TABLE 7. Global IO-Link Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 8. Global IO-Link Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 9. Global IO-Link Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 10. Global IO-Link Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 11. Global IO-Link Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 12. Global IO-Link Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 13. Global IO-Link Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 14. Global IO-Link Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 15. Global IO-Link Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 16. Global IO-Link Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 17. U.S. IO-Link Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 18. U.S. IO-Link Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 19. U.S. IO-Link Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 20. Canada IO-Link Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 21. Canada IO-Link Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 22. Canada IO-Link Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 23. UK IO-Link Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 24. UK IO-Link Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 25. UK IO-Link Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 26. Germany IO-Link Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 27. Germany IO-Link Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 28. Germany IO-Link Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 29. RoE IO-Link Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 30. RoE IO-Link Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 31. RoE IO-Link Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 32. China IO-Link Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 33. China IO-Link Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 34. China IO-Link Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 35. India IO-Link Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 36. India IO-Link Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 37. India IO-Link Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 38. Japan IO-Link Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 39. Japan IO-Link Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 40. Japan IO-Link Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 41. RoAPAC IO-Link Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 42. RoAPAC IO-Link Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 43. RoAPAC IO-Link Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 44. Brazil IO-Link Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 45. Brazil IO-Link Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 46. Brazil IO-Link Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 47. Mexico IO-Link Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 48. Mexico IO-Link Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 49. Mexico IO-Link Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 50. RoLA IO-Link Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 51. RoLA IO-Link Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 52. RoLA IO-Link Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 53. Row IO-Link Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 54. Row IO-Link Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 55. Row IO-Link Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 56. List of secondary sources, used in the study of global IO-Link Market
TABLE 57. List of primary sources, used in the study of global IO-Link Market
TABLE 58. Years considered for the study
TABLE 59. Exchange rates considered

LIST OF FIGURES

FIG 1. Global IO-Link Market, research methodology
FIG 2. Global IO-Link Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global IO-Link Market, key trends 2021
FIG 5. Global IO-Link Market, growth prospects 2022-2028
FIG 6. Global IO-Link Market, porters 5 force model
FIG 7. Global IO-Link Market, pest analysis
FIG 8. Global IO-Link Market, value chain analysis
FIG 9. Global IO-Link Market by segment, 2018 & 2028 (USD Million)
FIG 10. Global IO-Link Market by segment, 2018 & 2028 (USD Million)
FIG 11. Global IO-Link Market by segment, 2018 & 2028 (USD Million)
FIG 12. Global IO-Link Market by segment, 2018 & 2028 (USD Million)
FIG 13. Global IO-Link Market by segment, 2018 & 2028 (USD Million)
FIG 14. Global IO-Link Market, regional snapshot 2018 & 2028
FIG 15. North America IO-Link Market 2018 & 2028 (USD Million)
FIG 16. Europe IO-Link Market 2018 & 2028 (USD Million)
FIG 17. Asia pacific Market 2018 & 2028 (USD Million)
FIG 18. Latin America IO-Link Market 2018 & 2028 (USD Million)
FIG 19. Global IO-Link Market, company Market share analysis (2021)



More Publications