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Global IO-Link Market Size By Segmentations, Top Key Players, Trend, Future Development & Forecast 2024-2035

  • PUBLISHED ON
  • 11/23/2022
  • NO OF PAGES
  • 288
  • CATEGORY
  • Information Technology
The competitive landscape analysis of IO-Link Market uncovers detailed company profiles, revenue shares, portfolio innovations, regional product footprint, key developmental strategies, pricing structure, target markets, and near-term plans of market leaders. This entire section helps readers gain an essence of what is driving competition and what would help them stand out to win new target markets.

Market estimates and forecast are backed by an extensive primary research, further complemented by on-point secondary research of IO-Link Market. The research analysts have invested significant time and effort in gathering critical industry information from KIPs such as OEMs, top suppliers and distributors, and government bodies.

Market Segmentations:
Global IO-Link Market: Top Key Players
Siemens
Ifm Electronic
Bosch Rexforth
Rockwell Automation
Baumer Group
Balluff
Murrelektronik
SICK
WAGO
Turck
Wenglor
Belden
Weidmüller
Pepperl+Fuchs
Omron
Beckhoff
Carlo Gavazzi
Datalogic
MESCO
IO-Link Breakdown Data by Type
IO-Link Master
IO-Link Sensor
Other
The segment of IO-link sensor holds a comparatively larger share in global market, which accounts for about 41%.
IO-Link Breakdown Data by Application
Industrial Automation
Food & Beverage Industry
Control Cabinets
Other
The industrial automation holds an important share in terms of applications, and accounts for 69% of the market share.


Global IO-Link Market: Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.

Reasons to Purchase IO-Link Market Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come

Frequently Asked Questions
• What is the market size and growth projections?
• What is the market size and growth projection for each of the market segments and sub-segments across Countries & Regions?
• What are the top performing segments, and countries / regions of each of the markets?
• What is the market size and growth rate across key countries / regions?
• How big is the global & regional market in terms of revenue and volume?
• How far market will grow in forecast period in terms of revenue and volume?
• What factors will influence demand and supply trends across each markets during the forecast period?
• What are the technology trends shaping various markets?
• Which country / region has more opportunities?
• What is the COVID-19 impact on the market and how long will it take to recover?
• Who are the key competitors of market Players?
• What are the market share (%) of Key Players?
• What are the Merger & Acquisition, New Product Launch, Recent Development within each of the Markets?
• What are PEST analysis, Ecosystem Analysis, Porter's Five Forecast Analysis, Ansoff Matrix, and SWOT Analysis among other analyses for diverse markets?
Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by IO-Link Revenue
1.4 Market Analysis by Type
1.4.1 Global IO-Link Market Size Growth Rate by Type: 2022 VS 2030
1.4.2 IO-Link Master
1.4.3 IO-Link Sensor
1.4.4 Other
1.5 Market by Application
1.5.1 Global IO-Link Market Share by Application: 2022 VS 2030
1.5.2 Industrial Automation
1.5.3 Food & Beverage Industry
1.5.4 Control Cabinets
1.5.5 Other
1.6 Coronavirus Disease 2019 (Covid-19): IO-Link Industry Impact
1.6.1 How the Covid-19 is Affecting the IO-Link Industry
1.6.1.1 IO-Link Business Impact Assessment - Covid-19
1.6.1.2 Supply Chain Challenges
1.6.1.3 COVID-19’s Impact On Crude Oil and Refined Products
1.6.2 Market Trends and IO-Link Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.6.3.2 Proposal for IO-Link Players to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered

2 Global Growth Trends by Regions
2.1 IO-Link Market Perspective (2016-2030)
2.2 IO-Link Growth Trends by Regions
2.2.1 IO-Link Market Size by Regions: 2016 VS 2022 VS 2030
2.2.2 IO-Link Historic Market Share by Regions (2016-2021)
2.2.3 IO-Link Forecasted Market Size by Regions (2022-2030)
2.3 Industry Trends and Growth Strategy
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Porter’s Five Forces Analysis
2.3.5 IO-Link Market Growth Strategy
2.3.6 Primary Interviews with Key IO-Link Players (Opinion Leaders)

3 Competition Landscape by Key Players
3.1 Global Top IO-Link Players by Market Size
3.1.1 Global Top IO-Link Players by Revenue (2016-2021)
3.1.2 Global IO-Link Revenue Market Share by Players (2016-2021)
3.1.3 Global IO-Link Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.2 Global IO-Link Market Concentration Ratio
3.2.1 Global IO-Link Market Concentration Ratio (CR5 and HHI)
3.2.2 Global Top 10 and Top 5 Companies by IO-Link Revenue in 2021
3.3 IO-Link Key Players Head office and Area Served
3.4 Key Players IO-Link Product Solution and Service
3.5 Date of Enter into IO-Link Market
3.6 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Type (2016-2030)
4.1 Global IO-Link Historic Market Size by Type (2016-2021)
4.2 Global IO-Link Forecasted Market Size by Type (2022-2030)

5 IO-Link Breakdown Data by Application (2016-2030)
5.1 Global IO-Link Market Size by Application (2016-2021)
5.2 Global IO-Link Forecasted Market Size by Application (2022-2030)

6 North America
6.1 North America IO-Link Market Size (2016-2021)
6.2 IO-Link Key Players in North America (2016-2021)
6.3 North America IO-Link Market Size by Type (2016-2021)
6.4 North America IO-Link Market Size by Application (2016-2021)

7 Europe
7.1 Europe IO-Link Market Size (2016-2021)
7.2 IO-Link Key Players in Europe (2016-2021)
7.3 Europe IO-Link Market Size by Type (2016-2021)
7.4 Europe IO-Link Market Size by Application (2016-2021)

8 China
8.1 China IO-Link Market Size (2016-2021)
8.2 IO-Link Key Players in China (2016-2021)
8.3 China IO-Link Market Size by Type (2016-2021)
8.4 China IO-Link Market Size by Application (2016-2021)

9 Japan
9.1 Japan IO-Link Market Size (2016-2021)
9.2 IO-Link Key Players in Japan (2016-2021)
9.3 Japan IO-Link Market Size by Type (2016-2021)
9.4 Japan IO-Link Market Size by Application (2016-2021)

10 Southeast Asia
10.1 Southeast Asia IO-Link Market Size (2016-2021)
10.2 IO-Link Key Players in Southeast Asia (2016-2021)
10.3 Southeast Asia IO-Link Market Size by Type (2016-2021)
10.4 Southeast Asia IO-Link Market Size by Application (2016-2021)

11 India
11.1 India IO-Link Market Size (2016-2021)
11.2 IO-Link Key Players in India (2016-2021)
11.3 India IO-Link Market Size by Type (2016-2021)
11.4 India IO-Link Market Size by Application (2016-2021)

12 Central & South America
12.1 Central & South America IO-Link Market Size (2016-2021)
12.2 IO-Link Key Players in Central & South America (2016-2021)
12.3 Central & South America IO-Link Market Size by Type (2016-2021)
12.4 Central & South America IO-Link Market Size by Application (2016-2021)

13 Key Players Profiles
13.1 Siemens
13.1.1 Siemens Company Details
13.1.2 Siemens Business Overview and Its Total Revenue
13.1.3 Siemens IO-Link Introduction
13.1.4 Siemens Revenue in IO-Link Business (2016-2021)
13.1.5 Siemens Recent Development
13.2 Ifm Electronic
13.2.1 Ifm Electronic Company Details
13.2.2 Ifm Electronic Business Overview and Its Total Revenue
13.2.3 Ifm Electronic IO-Link Introduction
13.2.4 Ifm Electronic Revenue in IO-Link Business (2016-2021)
13.2.5 Ifm Electronic Recent Development
13.3 Bosch Rexforth
13.3.1 Bosch Rexforth Company Details
13.3.2 Bosch Rexforth Business Overview and Its Total Revenue
13.3.3 Bosch Rexforth IO-Link Introduction
13.3.4 Bosch Rexforth Revenue in IO-Link Business (2016-2021)
13.3.5 Bosch Rexforth Recent Development
13.4 Rockwell Automation
13.4.1 Rockwell Automation Company Details
13.4.2 Rockwell Automation Business Overview and Its Total Revenue
13.4.3 Rockwell Automation IO-Link Introduction
13.4.4 Rockwell Automation Revenue in IO-Link Business (2016-2021)
13.4.5 Rockwell Automation Recent Development
13.5 Baumer Group
13.5.1 Baumer Group Company Details
13.5.2 Baumer Group Business Overview and Its Total Revenue
13.5.3 Baumer Group IO-Link Introduction
13.5.4 Baumer Group Revenue in IO-Link Business (2016-2021)
13.5.5 Baumer Group Recent Development
13.6 Balluff
13.6.1 Balluff Company Details
13.6.2 Balluff Business Overview and Its Total Revenue
13.6.3 Balluff IO-Link Introduction
13.6.4 Balluff Revenue in IO-Link Business (2016-2021)
13.6.5 Balluff Recent Development
13.7 Murrelektronik
13.7.1 Murrelektronik Company Details
13.7.2 Murrelektronik Business Overview and Its Total Revenue
13.7.3 Murrelektronik IO-Link Introduction
13.7.4 Murrelektronik Revenue in IO-Link Business (2016-2021)
13.7.5 Murrelektronik Recent Development
13.8 SICK
13.8.1 SICK Company Details
13.8.2 SICK Business Overview and Its Total Revenue
13.8.3 SICK IO-Link Introduction
13.8.4 SICK Revenue in IO-Link Business (2016-2021)
13.8.5 SICK Recent Development
13.9 WAGO
13.9.1 WAGO Company Details
13.9.2 WAGO Business Overview and Its Total Revenue
13.9.3 WAGO IO-Link Introduction
13.9.4 WAGO Revenue in IO-Link Business (2016-2021)
13.9.5 WAGO Recent Development
13.10 Turck
13.10.1 Turck Company Details
13.10.2 Turck Business Overview and Its Total Revenue
13.10.3 Turck IO-Link Introduction
13.10.4 Turck Revenue in IO-Link Business (2016-2021)
13.10.5 Turck Recent Development
13.11 Wenglor
10.11.1 Wenglor Company Details
10.11.2 Wenglor Business Overview and Its Total Revenue
10.11.3 Wenglor IO-Link Introduction
10.11.4 Wenglor Revenue in IO-Link Business (2016-2021)
10.11.5 Wenglor Recent Development
13.12 Belden
10.12.1 Belden Company Details
10.12.2 Belden Business Overview and Its Total Revenue
10.12.3 Belden IO-Link Introduction
10.12.4 Belden Revenue in IO-Link Business (2016-2021)
10.12.5 Belden Recent Development
13.13 Weidmüller
10.13.1 Weidmüller Company Details
10.13.2 Weidmüller Business Overview and Its Total Revenue
10.13.3 Weidmüller IO-Link Introduction
10.13.4 Weidmüller Revenue in IO-Link Business (2016-2021)
10.13.5 Weidmüller Recent Development
13.14 Pepperl+Fuchs
10.14.1 Pepperl+Fuchs Company Details
10.14.2 Pepperl+Fuchs Business Overview and Its Total Revenue
10.14.3 Pepperl+Fuchs IO-Link Introduction
10.14.4 Pepperl+Fuchs Revenue in IO-Link Business (2016-2021)
10.14.5 Pepperl+Fuchs Recent Development
13.15 Omron
10.15.1 Omron Company Details
10.15.2 Omron Business Overview and Its Total Revenue
10.15.3 Omron IO-Link Introduction
10.15.4 Omron Revenue in IO-Link Business (2016-2021)
10.15.5 Omron Recent Development
13.16 Beckhoff
10.16.1 Beckhoff Company Details
10.16.2 Beckhoff Business Overview and Its Total Revenue
10.16.3 Beckhoff IO-Link Introduction
10.16.4 Beckhoff Revenue in IO-Link Business (2016-2021)
10.16.5 Beckhoff Recent Development
13.17 Carlo Gavazzi
10.17.1 Carlo Gavazzi Company Details
10.17.2 Carlo Gavazzi Business Overview and Its Total Revenue
10.17.3 Carlo Gavazzi IO-Link Introduction
10.17.4 Carlo Gavazzi Revenue in IO-Link Business (2016-2021)
10.17.5 Carlo Gavazzi Recent Development
13.18 Datalogic
10.18.1 Datalogic Company Details
10.18.2 Datalogic Business Overview and Its Total Revenue
10.18.3 Datalogic IO-Link Introduction
10.18.4 Datalogic Revenue in IO-Link Business (2016-2021)
10.18.5 Datalogic Recent Development
13.19 MESCO
10.19.1 MESCO Company Details
10.19.2 MESCO Business Overview and Its Total Revenue
10.19.3 MESCO IO-Link Introduction
10.19.4 MESCO Revenue in IO-Link Business (2016-2021)
10.19.5 MESCO Recent Development

14 Analyst's Viewpoints/Conclusions

15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Disclaimer
15.3 Author Details

Quality Assurance Process

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We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




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To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.

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