Report Scope:
In this report, the market is segmented by component, data type, application, industry and geography. The report provides an overview of the global IO-Link system market and analyzes market trends and challenges that affect the vendor landscape. Using 2019 as the base year, the report provides market projections for the forecast period 2020 through 2025. This report also takes into consideration the economic slowdown caused by lockdowns across the world due to the COVID-19 pandemic.
Report Includes:
- 70 tables
- An overview of global market for IO-Link systems
- Estimation of the market size and analyses of market trends, with data from 2019, estimates for 2020, and projections of compound annual growth rates (CAGRs) through 2025
- Market share analysis of the IO-Link systems based on components, data type, application, and region
- Description of IO-Link devices and IO-Link masters and evaluation of current market trends, market size, and market forecast
- Details about use cases and solutions of IO-Links and discussion on advantages of IO-Link systems
- Explanation of the major drivers restrains and opportunities and regional dynamics of the market and assessment of latest trends in the IO-Link system market including wired and wireless IO-Link system
- Impact analysis of coronavirus on the global economy; and discussion on impact of COVID-19 on IO-Link systems industry
- Market share analysis of the key companies of the industry and coverage of events like mergers & acquisitions, joint ventures, collaborations or partnerships, and other key market strategies
- Comprehensive company profiles of the leading players including Balluff, Datalogic, Festo Group, ifm electronics, Omron Corp., Siemens and SICK AG
Summary:
The IO-Link protocol has the capability to convert an IO-Link-enabled sensor or actuator into a smart device by simply connecting it to an IO-Link master for communication and data sharing. It serves as the backbone of Industry 4.0 and the smart factory. The aim of Industry 4.0 is to completely integrate the communication process used in manufacturing to improve the efficiency of factories through the Industrial Internet of Things (IIoT), industrial automation, data exchange and manufacturing technologies. It allows for the bidirectional exchange of data from sensors, actuators and other devices that support IO-Link and are connected to a master. IO-Link allows point-to-point communication and is based on commonly used three-wire cable connections.
IO-Link enables continuous and intelligent communications at the sensor level, opening new opportunities in automation and helping to solve current problems faced by manufacturers. IO-Link offers various opportunities in industrial applications. It helps to boost performance, enhance maintenance, reduce downtime, improve quality management and streamline operations in industrial plants. Online parameterization, remote diagnosis, easy installation and standardized wiring functions make IO-Link particularly suited for food and beverage, chemical, packaging, automotive and other applications.
The global market for IO-Link systems was valued at $REDACTED billion in 2019 and is forecast to reach $REDACTED billion by 2025, growing at a CAGR of REDACTED% during the forecast period. Some of the major drivers for the growth of the IO-Link system market include the rise of digital industrial technology (known as Industry 4.0), increasing demand for industrial automation, and government initiatives to support the global manufacturing industry. The rising demand for the IO-Link wireless protocol and increasing adoption of smart manufacturing across industries provide major growth opportunities in the market. However, the inefficiency of IO-Link in high speed or motion control applications acts as a restraint for the growth of the market.
In this report, the global IO-Link system market is segmented by component, application, industry and geography.
The IO-Link system market by component is categorized into IO-Link devices and IO-Link masters. The IO-Link devices are expected to have the larger market share during the forecast period. The growing popularity of sensors, modules and actuators in industrial applications is expected to create potential growth opportunities for the IO-Link devices. With IoT becoming a fundamental part of the automation and motion control industry, the demand for smart sensors is rising and driving the growth of IO-Link devices. Predictive maintenance, condition monitoring and traceability are three of the factors driving IO-Link device adoption.
The global IO-Link system market by application is categorized into machine tools, handling and assembly automation, intralogistics and packaging. Packaging applications are expected to exhibit the highest growth in the IO-Link market due to the flexibility that IO-Link provides to fulfil the requirements for optimizing the packaging process.
IO Link System: Global Markets
Table of Contents
Chapter 1 Introduction
Introduction
Study Goals and Objectives
Reasons for Doing This Study
Scope of Report
Information Sources
Methodology
Geographic Breakdown
Analyst's Credentials
BCC Custom Research
Related BCC Research Reports
Chapter 2 Summary and Highlights
Chapter 3 IO-Link System: Market Overview
Introduction
IO-Link Market Trends
Wireless IO-Link Market
IO-Link Safety System/Safety over IO-Link
IO-Link Data Types
Overview
Process Data
Value Status
Device Data
Event Data
Benefits and Use Cases of IO-Link System
Standardized and Reduced Wiring
Increased Data Availability
Remote Configuration and Monitoring
Simple Device Replacement
Extended Diagnostics
Condition Monitoring and Condition-Based Maintenance
Develop Flexible High-Density I/O Architectures
Simplify Industrial Vision Applications
Simplify Sensor Integration
Simplifying Network Topology
Non-Contact Connection of Power and Data Exchange
Impact of COVID-19 on the IO-Link System Market
Market Dynamics Drivers
Increasing Demand for Industrial Automation Fostering IO-Link Adoption
Government Initiatives for Supporting the Global Manufacturing Industry
Industry 4.0
Compatibility of IO-Link Interface with Higher-Level Fieldbus and Ethernet Communication Protocols
Market Opportunity
Rising Demand for IO-Link Wireless Protocol
Increasing Adoption of Smart Manufacturing across Industries
Market Restraints
Inefficiency of IO-Link in High-Speed or Motion-Control Applications
Chapter 4 Market Breakdown by Component
Overview
IO-Link Master
IO-Link Devices
Sensors and Actuators
IO-Link Module (Sensor/Actuator Hub)
RFID Readers
Chapter 5 Market Breakdown by Application
Introduction
Machine Tools
Handling and Assembly Automation
Intralogistics
Packaging
Chapter 6 Market Breakdown by Industry
Introduction
Discrete Manufacturing
Automotive
Electronics
Aerospace
Process Manufacturing
Chemicals
Food Processing
Packaging
Chapter 7 Market Breakdown by Region
Introduction
Overview
North America
Europe
Asia-Pacific
Rest of the World
Chapter 8 Competitive Landscape
Ifm Electronic
Balluff
Siemens AG
Product Development and Launches
Acquisitions and Agreements
Chapter 9 Company Profiles
BALLUFF GMBH
BANNER ENGINEERING CORP.
BAUMER HOLDING AG
BELDEN
BIHL+WIEDEMANN
DATALOGIC S.P.A.
FESTO GROUP
HANS TURCK GMBH & CO. KG
IFM ELECTRONICS GMBH
OMRON CORP.
PEPPERL+FUCHS COMTROL INC.
ROCKWELL AUTOMATION INC.
SICK AG
SIEMENS AG
List of Tables
Summary Table : Global IO-Link System Market, by Component, Through 2025
Table 1 : Global Market for IO-Link Systems, by Component, Through 2025
Table 2 : Global Market for IO-Link Masters, by Application, Through 2025
Table 3 : Global Market for IO-Link Masters, by Industry, Through 2025
Table 4 : Global Market for IO-Link Masters, by Region, Through 2025
Table 5 : Global Market for IO-Link Devices, by Application, Through 2025
Table 6 : Global Market for IO-Link Devices, by Industry, Through 2025
Table 7 : Global Market for IO-Link Devices, by Region, Through 2025
Table 8 : Global Market for IO-Link Systems, by Application, Through 2025
Table 9 : Global Market for IO-Link Systems for Machine Tools, by Component, Through 2025
Table 10 : Global Market for IO-Link Systems for Handling and Assembly Automation, by Component, Through 2025
Table 11 : Global Market for IO-Link Systems for Intralogistics, by Component, Through 2025
Table 12 : Global Market for IO-Link Systems for Packaging, by Component, Through 2025
Table 13 : Global Market for IO-Link Systems, by Industry, Through 2025
Table 14 : Global Market for IO-Link Systems for Discrete Manufacturing Industry, by Component, Through 2025
Table 15 : Global Market for IO-Link Systems for Discrete Manufacturing Industry, by Region, Through 2025
Table 16 : Global Market for IO-Link Systems for Process Manufacturing Industry, by Component, Through 2025
Table 17 : Global Market for IO-Link Systems for Process Manufacturing Industry, by Region, Through 2025
Table 18 : Global Market for IO-Link Systems, by Region, Through 2025
Table 19 : North American Market for IO-Link Systems, by Country, Through 2025
Table 20 : North American Market for IO-Link Systems, by Component, Through 2025
Table 21 : North American Market for IO-Link Systems, by Industry, Through 2025
Table 22 : European Market for IO-Link Systems, by Country, Through 2025
Table 23 : European Market for IO-Link Systems, by Component, Through 2025
Table 24 : European Market for IO-Link Systems, by Industry, Through 2025
Table 25 : Asia-Pacific Market for IO-Link Systems, by Country, Through 2025
Table 26 : Asia-Pacific Market for IO-Link Systems, by Component, Through 2025
Table 27 : Asia-Pacific Market for IO-Link Systems, by Industry, Through 2025
Table 28 : RoW Market for IO-Link Systems, by Region, Through 2025
Table 29 : RoW Market for IO-Link Systems, by Component, Through 2025
Table 30 : RoW Market for IO-Link Systems, by Industry, Through 2025
Table 31 : Product Launches and Developments: IO-Link System Market Companies, 2018-Sep. 2020
Table 32 : Acquisitions in the IO-Link System Market, Feb. 2019
Table 33 : Balluff Group: Net Revenue, 2019
Table 34 : Balluff: Products
Table 35 : Balluff: Recent Developments, 2020
Table 36 : Banner Engineering: Products and Services
Table 37 : Banner Engineering: Recent Developments, 2020
Table 38 : Baumer: Products and Services
Table 39 : Baumer: Recent Developments, 2020
Table 40 : Belden: Products and Services
Table 41 : Belden: Recent Developments, 2020
Table 42 : Bihl+Wiedemann: Products and Services
Table 43 : Bihl+Wiedemann: Recent Developments, 2020
Table 44 : Datalogic S.p.A.: Net Revenue, 2017-2019
Table 45 : Datalogic S.p.A.: Products and Services
Table 46 : Datalogic S.p.A.: Recent Developments 2019
Table 47 : Festo Group: Net Revenue, 2019
Table 48 : Festo: Products and Services
Table 49 : Festo: Recent Developments, 2020
Table 50 : Turck: Net Revenue, 2017-2019
Table 51 : Turck: Products and Services
Table 52 : Turck: Recent Developments, 2018-2019
Table 53 : ifm electronics: Net Revenue, 2017-2019
Table 54 : ifm electronics: Product Portfolio
Table 55 : ifm electronics: Recent Developments, 2020
Table 56 : Omron Corp.: Net Revenue, 2017-2019
Table 57 : Omron Corp.: Products and Services
Table 58 : Omron Corp.: Recent Developments, 2019
Table 59 : Pepperl+Fuchs: Net Revenue, 2019
Table 60 : Pepperl+Fuchs: Product Offerings
Table 61 : Pepperl+Fuchs: Recent Developments, 2019-2020
Table 62 : Rockwell Automation: Net Revenue, 2017-2019
Table 63 : Rockwell Automation: Products and Services
Table 64 : Rockwell Automation: Recent Developments, 2019
Table 65 : SICK AG: Net Revenue, 2017-2019
Table 66 : SICK AG: Products and Services
Table 67 : SICK AG: Recent Developments, 2018 and 2019
Table 68 : Siemens AG: Net Revenue, 2017-2019
Table 69 : Siemens AG: Product Offerings
Table 70 : Siemens AG: Recent Developments, 2019
List of Figures
Summary Figure : Global IO-Link System Market, by Component, 2019-2025
Figure 1 : IO-Link System Architecture
Figure 2 : Wireless IO-Link System Architecture
Figure 3 : Global Market for IO-Link Systems, by Component, 2019-2025
Figure 4 : Global Market for IO-Link Systems, by Application, 2019-2025
Figure 5 : Global Market for IO-Link Masters, by Industry, 2019-2025
Figure 6 : Global Market for IO-Link Masters, by Region, 2019-2025
Figure 7 : Global Market for IO-Link Devices, by Application, 2019-2025
Figure 8 : Global Market for IO-Link Devices, by Industry, 2019-2025
Figure 9 : Global Market for IO-Link Devices, by Region, 2019-2025
Figure 10 : Global Market for IO-Link Systems, by Application, 2019-2025
Figure 11 : Global Market for IO-Link Systems for Machine Tools, by Component, 2019-2025
Figure 12 : Global Market for IO-Link Systems for Handling and Assembly Automation, by Component, 2019-2025
Figure 13 : Global Market for IO-Link Systems for Intralogistics, by Component, 2019-2025
Figure 14 : Global Market for IO-Link Systems for Packaging, by Component, 2019-2025
Figure 15 : Global Market for IO-Link Systems, by Industry, 2019-2025
Figure 16 : Global Market for IO-Link Systems for Discrete Manufacturing Industry, by Component, 2019-2025
Figure 17 : Global Market for IO-Link Systems for Discrete Manufacturing Industry, by Region, 2019-2025
Figure 18 : Global Market for IO-Link Systems for Process Manufacturing Industry, by Component, 2019-2025
Figure 19 : Global Market for IO-Link Systems for Process Manufacturing Industry, by Region, 2019-2025
Figure 20 : Global Market for IO-Link Systems, by Region
Figure 21 : Global Market for IO-Link Systems, by Region, 2019
Figure 22 : North American Market for IO-Link Systems, by Country, 2019-2025
Figure 23 : North American Market for IO-Link Systems, by Component, 2019-2025
Figure 24 : North American Market for IO-Link Systems, by Industry, 2019-2025
Figure 25 : European Market for IO-Link Systems, by Country, 2019-2025
Figure 26 : European Market for IO-Link Systems, by Component, 2019-2025
Figure 27 : European Market for IO-Link Systems, by Industry, 2019-2025
Figure 28 : Asia-Pacific Market for IO-Link Systems, by Country, 2019-2025
Figure 29 : Asia-Pacific Market for IO-Link Systems, by Component, 2019-2025
Figure 30 : Asia-Pacific Market for IO-Link Systems, by Industry, 2019-2025
Figure 31 : RoW Market for IO-Link Systems, by Region, 2019-2025
Figure 32 : RoW Market for IO-Link Systems, by Component, 2019-2025
Figure 33 : RoW Market fort IO-Link Systems, by Industry, 2019-2025
Figure 34 : Datalogic S.p.A.: Sales Share, by End Market, 2019
Figure 35 : Datalogic S.p.A.: Sales Share, by Region, 2019
Figure 36 : Omron Corp.: Sales Share, by Business Segment, 2019
Figure 37 : Omron Corp.: Sales Share, by Region, 2019
Figure 38 : Rockwell Automation: Sales Share, by Business Segment, 2019
Figure 39 : Rockwell Automation: Sales Share, by Region, 2019
Figure 40 : SICK AG: Sales Share, by End Market, 2019
Figure 41 : SICK AG: Sales Share, by Region, 2019
Figure 42 : Siemens AG: Sales Share, by Industrial Business Segment, 2019
Figure 43 : Siemens AG: Sales Share, by Region, 2019
Global Smart Parking System Market Research Report 2024
Published: 08-Jan-2024 Price: US 2900 Onwards Pages: 99
Smart Parking refers to The comprehensive application of wireless communication technology, mobile terminal technology, GPS positioning technology, GIS technology, etc. to The collection, management, query, reservation and navigation services of urban parking spaces to realize real-time update, query, reservation and navigation of parking space resources. The integration of navigation services can maximize The utilization of parking space resources, maximize The profit of The parking lot and opt......
Global Smart Office Market Research Report 2024
Published: 08-Jan-2024 Price: US 2900 Onwards Pages: 91
Smart office products help in promoting efficient use of available resources and also ensure sustainability through use of ecofriendly processes. This report analyzed The smart office by product: smart lighting, security systems, HVAC control and by building type: retrofit, new construction. Usually it contains three important parts that is Underlying hardware systems, Network protocol, Terminal.
The global Smart Office market was valued at US$ 1215 million in 2023 and is anticipate......
Global Online Smartphone & Tablet Games Market Growth (Status and Outlook) 2024-2030
Published: 04-Jan-2024 Price: US 3660 Onwards Pages: 113
According to our LPI (LP Information) latest study, the global Online Smartphone & Tablet Games market size was valued at US$ 120570 million in 2023. With growing demand in downstream market, the Online Smartphone & Tablet Games is forecast to a readjusted size of US$ 279460 million by 2030 with a CAGR of 12.8% during review period.
The research report highlights the growth potential of the global Online Smartphone & Tablet Games market. Online Smartphone & Tablet Games are expected to s......
Global Smart Parking System Market Growth (Status and Outlook) 2024-2030
Published: 04-Jan-2024 Price: US 3660 Onwards Pages: 128
According to our LPI (LP Information) latest study, the global Smart Parking System market size was valued at US$ 3655.3 million in 2023. With growing demand in downstream market, the Smart Parking System is forecast to a readjusted size of US$ 10060 million by 2030 with a CAGR of 15.6% during review period.
The research report highlights the growth potential of the global Smart Parking System market. Smart Parking System are expected to show stable growth in the future market. However, ......
Global High Performance Computing Market Growth (Status and Outlook) 2024-2030
Published: 04-Jan-2024 Price: US 3660 Onwards Pages: 127
According to our LPI (LP Information) latest study, the global High Performance Computing market size was valued at US$ 31270 million in 2023. With growing demand in downstream market, the High Performance Computing is forecast to a readjusted size of US$ 65340 million by 2030 with a CAGR of 11.1% during review period.
The research report highlights the growth potential of the global High Performance Computing market. High Performance Computing are expected to show stable growth in the f......
Global Social Media Analytics Market Growth (Status and Outlook) 2024-2030
Published: 04-Jan-2024 Price: US 3660 Onwards Pages: 129
According to our LPI (LP Information) latest study, the global Social Media Analytics market size was valued at US$ million in 2023. With growing demand in downstream market, the Social Media Analytics is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during review period.
The research report highlights the growth potential of the global Social Media Analytics market. Social Media Analytics are expected to show stable growth in the future market. However, product di......
Global Interactive Kiosk Market Growth 2024-2030
Published: 04-Jan-2024 Price: US 3660 Onwards Pages: 128
According to our LPI (LP Information) latest study, the global Interactive Kiosk market size was valued at US$ 1001.7 million in 2023. With growing demand in downstream market, the Interactive Kiosk is forecast to a readjusted size of US$ 1487.4 million by 2030 with a CAGR of 5.8% during review period.
The research report highlights the growth potential of the global Interactive Kiosk market. Interactive Kiosk are expected to show stable growth in the future market. However, product diff......
Global IoT Platforms Market Growth (Status and Outlook) 2024-2030
Published: 04-Jan-2024 Price: US 3660 Onwards Pages: 153
According to our LPI (LP Information) latest study, the global IoT Platforms market size was valued at US$ 4474.8 million in 2023. With growing demand in downstream market, the IoT Platforms is forecast to a readjusted size of US$ 20970 million by 2030 with a CAGR of 24.7% during review period.
The research report highlights the growth potential of the global IoT Platforms market. IoT Platforms are expected to show stable growth in the future market. However, product differentiation, red......
Global Drone Data Services Industry Research Report, In-depth Analysis of Current Status and Outlook of Key Countries 2023-2028
Published: 04-Jan-2024 Price: US 3380 Onwards Pages: 99
Market Overview of Global Drone Data Services market:
According to our latest research, the global Drone Data Services market looks promising in the next 5 years. As of 2022, the global Drone Data Services market was estimated at USD 1371.56 million, and it's anticipated to reach USD 20095.26 million in 2028, with a CAGR of 56.43% during the forecast years.
This report covers a research time span from 2018 to 2028, and presents a deep and comprehensive analysis of the global ......
SERVICES
Value for Money
We believe in "optimum utilization of available budget and resources". While servicing our clients' (your) market research requirements, we keep the same approach in focus to help you get the best value for your $$s.
Ever Growing Inventory
Ranging from the smallest feasible / required data (datasheets, data facts, SWOT analysis, company profiles, etc) to full research reports that help you make decisions, our inventory is updated almost on a daily basis with the latest industry reports from domain experts that track more than 5000 niche sectors.
One Stop Solution
Need a custom research report on medical devices market? Require all available business intelligence on 3D printing industry? Exploring F&B sector of a particular country/region? RnRMarketResearch.com is your one-stop-solution to all market intelligence needs. We not only offer custom research and consulting services, we also "bundle" reports to meet your needs and help you fetch the data analysis you require for your business.
Dedicated Client Engagement
Not limited to only "finding" relevant reports for you, our client engagement team dedicates its efforts to understand your "business need" and accordingly maps available research data to help you move forward. Call "your" client engagement executive any time of your day and get your questions answered in order to make the correct business decision.
Saving Time and Efforts
Simply share your research requirement details with us and let us do all the hard work to find required intelligence for you. When you add up our "one stop solution" and "dedicated client engagement" services mentioned above, you obviously know the time and effort saving you do by working with us.
Payment Flexibility
Working with Fortune 500 organizations, we understand the importance of being flexible for payments. Share your payment terms with us and we will surely match up to them to ensure you get access to required business intelligence data without having to wait for the payment to be done.
Post-Purchase Research Support
Have questions after reading a report / datasheet bought through us? Not sure about the methodology used for data available in the research? Talk to us / Share your questions with us and if required, we will connect you with the analyst(s)/author(s) of the report(s) and ensure you get satisfactory answers for the same. Need more data / analysis / report(s) on the topic of your research/project? The RnRMarketResearch.com team is here for you 24X7 to support you with your post-purchase requirements.
Subscription Offers & Packages (Get in touch with us for more details -
[email protected] / +1 888 391 5441 )
- Ad Hoc
-
- Pay - as - you - go / Bucket Subscriptions
- Fixed Cost for #of reports
- Customize / Personalize as per your needs
