The Io Link Market size is expected to grow at an annual average of CAGR 24% during the forecast period (2022-2028). IO-link is an open standard serial communication protocol that supports IO-link and allows bidirectional data exchange from sensors and devices connected to a master. The master acts as a gateway for connecting up to 8 IO-Link devices, including sensors, valves or binary IO modules. IO-link masters can transmit data over various networks, fieldbuses or backplane buses, allowing industrial information systems to access data for immediate action or long-term analysis. Each IO-Link sensor has an IO Device Description (IODD) file that describes the device and its IO-Link capabilities.
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The following segmentation are covered in this report:
By Industry Vertical
- Oil & Gas
- Energy & Power
- Automotive
- Aerospace & Defense
- Pharmaceuticals
- Food & Beverages
- Chemicals
- Others
By Application
- Machine Tool
- Handling & Assembly Automation
- Intralogistics
- Packaging
By Type
- IO-link Wired
- IO-link Wireless
Company Profile
- 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.
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The report covers the following objectives:
- Proliferation and maturation of trade in the global Io Link Market
- The market share of the global Io Link Market supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Io Link Market
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Io Link Market
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Scope of the report
The research study analyses the Io Link Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent developments
- Market overview and growth analysis
- Import and export overview
- Volume analysis
- Current market trends and future outlook
- Market opportunistic and attractive investment segment
Geographic coverage
- North America market size and/or volume
- Latin America market size and/or volume
- Europe market size and/or volume
- Asia-pacific market size and/or volume
- Rest of the world market size and/or volume
Key Questions Answered by Io Link Market Report
- What was the Io Link Market size in 2022 and 2028; what are the estimated growth trends and market forecast (2022-2028)
- What will be the Io Link Market CAGR of Market during the forecast period (2022-2028)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
- Which manufacturer/vendor/players in the Io Link Market was the market leader in 2022?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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