IO-Link Market Size, Share, Growth Analysis and Forecast 2034

IO-Link Market

IO-Link Market By Component (IO-Link Devices, IO-Link Masters), By Type (IO-Link Wired, IO-Link Wireless), By Industry (Manufacturing, Automotive, Healthcare, Food & Beverage, Chemicals, Others), By Application (Machine Tool, Handling & Assembly Automation, Intralogistics, Packaging), and By Region: Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 - 2034

Category: Semiconductor & Electronics Report Format : PDF Pages: 110 Report Code: ZMR-3706 Published Date: Jun-2025 Status : Published
Market Size in 2024 Market Forecast in 2034 CAGR (in %) Base Year
USD 11.42 Billion USD 151.53 Billion 29.5% 2024

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Type
      • 1.3.2. Market Research Methodology
  • Chapter 2. Executive Summary
    • 2.1. IO-Link Market, 2015–2025 (USD Billion)
    • 2.2. IO-Link Market: Snapshot
  • Chapter 3. Global IO-Link Market– Industry Analysis
    • 3.1. IO-Link Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Massive focus on optimizing resources, raising proficiency, and reducing manufacturing costs will prompt the expansion of IO-Link industry over the forecast period.
      • 3.2.2. Large-scale use of digital industrial systems and favorable government schemes for accepting industrial automation will propel the surge in industry in the years to come.
    • 3.3. Porter’s Five Forces Analysis
    • 3.4. Market Attractiveness Analysis
      • 3.4.1. Market attractiveness analysis By Component
      • 3.4.2. Market attractiveness analysis By Application
      • 3.4.3. Market attractiveness analysis By Industry
  • Chapter 4. Global IO-Link Market– Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global IO-Link Market: company market share, 2017
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New Product launches
      • 4.2.3. Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4. Research and development and Regional expansion
    • 4.3. Price trend analysis
  • Chapter 5. Global IO-Link Market– Component Analysis
    • 5.1. Global IO-Link Marketoverview: By Component
      • 5.1.1. Global IO-Link Marketshare, By Component, 2018 and 2025
    • 5.2. IO-Link Masters
      • 5.2.1. Global IO-Link MarketBy IO-Link Masters, 2015–2025 (USD Billion)
    • 5.3. IO-Link Devices
      • 5.3.1. Global IO-Link MarketBy IO-Link Devices, 2015–2025 (USD Billion)
  • Chapter 6. Global IO-Link Market– Application Analysis
    • 6.1. Global IO-Link Marketoverview: By Application
      • 6.1.1. Global IO-Link Marketshare, By Application , 2018 and 2025
    • 6.2. Machine Toul
      • 6.2.1. Global IO-Link MarketBy Machine Toul, 2015–2025 (USD Billion)
    • 6.3. Handling and Assembly Automation
      • 6.3.1. Global IO-Link MarketBy Handling and Assembly Automation , 2015–2025 (USD Billion)
    • 6.4. Packaging
      • 6.4.1. Global IO-Link MarketBy Packaging , 2015–2025 (USD Billion)
    • 6.5. Intralogistics
      • 6.5.1. Global IO-Link MarketBy Intralogistics , 2015–2025 (USD Billion)
  • Chapter 7. Global IO-Link Market– Industry Analysis
    • 7.1. Global IO-Link Marketoverview: By Industry
      • 7.1.1. Global IO-Link Marketshare, By Industry , 2018 and 2025
    • 7.2. Discrete
      • 7.2.1. Global IO-Link MarketBy Discrete, 2015–2025 (USD Billion)
    • 7.3. Hybrid
      • 7.3.1. Global IO-Link MarketBy Hybrid , 2015–2025 (USD Billion)
    • 7.4. Process
      • 7.4.1. Global IO-Link MarketBy Process , 2015–2025 (USD Billion)
  • Chapter 8. Company Profiles
    • 8.1. Pepperl & Fuchs
      • 8.1.1. Overview
      • 8.1.2. Financials
      • 8.1.3. Technology Portfolio
      • 8.1.4. Business Strategy
      • 8.1.5. Recent Developments
    • 8.2. Siemens
      • 8.2.1. Overview
      • 8.2.2. Financials
      • 8.2.3. Technology Portfolio
      • 8.2.4. Business Strategy
      • 8.2.5. Recent Developments
    • 8.3. Ifm electronic
      • 8.3.1. Overview
      • 8.3.2. Financials
      • 8.3.3. Technology Portfolio
      • 8.3.4. Business Strategy
      • 8.3.5. Recent Developments
    • 8.4. Balluff
      • 8.4.1. Overview
      • 8.4.2. Financials
      • 8.4.3. Technology Portfolio
      • 8.4.4. Business Strategy
      • 8.4.5. Recent Developments
    • 8.5. Rockwell Automation
      • 8.5.1. Overview
      • 8.5.2. Financials
      • 8.5.3. Technology Portfolio
      • 8.5.4. Business Strategy
      • 8.5.5. Recent Development
    • 8.6. SICK
      • 8.6.1. Overview
      • 8.6.2. Financials
      • 8.6.3. Technology Portfolio
      • 8.6.4. Business Strategy
      • 8.6.5. Recent Development
    • 8.7. Omron
      • 8.7.1. Overview
      • 8.7.2. Financials
      • 8.7.3. Technology Portfolio
      • 8.7.4. Business Strategy
      • 8.7.5. Recent Development
    • 8.8. Festo
      • 8.8.1. Overview
      • 8.8.2. Financials
      • 8.8.3. Technology Portfolio
      • 8.8.4. Business Strategy
      • 8.8.5. Recent Development
    • 8.9. Hans Turck
      • 8.9.1. Overview
      • 8.9.2. Financials
      • 8.9.3. Technology Portfolio
      • 8.9.4. Business Strategy
      • 8.9.5. Recent Development
    • 8.10. Banner Engineering
      • 8.10.1. Overview
      • 8.10.2. Financials
      • 8.10.3. Technology Portfolio
      • 8.10.4. Business Strategy
      • 8.10.5. Recent Development
    • 8.11. Datalogic
      • 8.11.1. Overview
      • 8.11.2. Financials
      • 8.11.3. Technology Portfolio
      • 8.11.4. Business Strategy
      • 8.11.5. Recent Development

Table Of Figures

List of Figures

1. Market research Type
2. Market research methodology
3. Global IO-Link Market, 2015–2025 (USD Billion)
4. Porter’s Five Forces Analysis
5. Global IO-Link Marketattractiveness, By Component  
6. Global IO-Link Marketattractiveness, By Application  
7. Global IO-Link Marketattractiveness, By Industry   
8. Global IO-Link Marketshare by Component ,2018 and 2025 (USD Billion)
9. Global IO-Link MarketBy IO-Link Masters ,2015–2025 (USD Billion)
10. Global IO-Link MarketBy IO-Link Devices ,2015–2025 (USD Billion)
11. Global IO-Link Marketshare by Application , 2018 and 2025 (USD Billion)
12. Global IO-Link MarketBy Machine Tool,,2015–2025 (USD Billion)
13. Global IO-Link MarketBy Handling and Assembly Automation  ,2015–2025 (USD Billion)
14. Global IO-Link MarketBy Intralogistics ,2015–2025 (USD Billion)
15. Global IO-Link MarketBy Intralogistics  ,2015–2025 (USD Billion)
16. Global IO-Link MarketBy Packaging ,2015–2025 (USD Billion)
17. Global IO-Link Marketshare by Industry , 2018 and 2025 (USD Billion)
18. Global IO-Link MarketBy Hybrid ,2015–2025 (USD Billion)
19. Global IO-Link MarketBy Discrete,2015–2025 (USD Billion)
20. Global IO-Link MarketBy Process ,2015–2025 (USD Billion)
21. Global IO-Link Marketshare, by Region, 2018 and 2025
22. North America IO-Link Market, 2015–2025 (USD Billion)
23. Europe IO-Link Market, 2015–2025 (USD Billion)
24. Asia Pacific IO-Link Market, 2015–2025 (USD Billion)
25. Latin America IO-Link Market, 2015–2025 (USD Billion)
26. The Middle East and Africa IO-Link Market, 2015–2025 (USD Billion)


Table Of Tables

List of Tables

1. Global IO-Link Market: snapshot
2. Drivers of the IO-Link Market: impact analysis
3. North America IO-Link Market revenue, By Component   , 2015–2025 (USD Billion)
4. North America IO-Link Market revenue, By Application   , 2015–2025 (USD Billion)
5. North America IO-Link Market revenue, By Industry   , 2015–2025 (USD Billion)
6. The U.S. IO-Link Market revenue, By Component    , 2015–2025 (USD Billion)
7. The U.S. IO-Link Market revenue, By Application   , 2015–2025 (USD Billion)
8. The U.S. IO-Link Market revenue, By Industry   , 2015–2025 (USD Billion)
9. Rest of North America IO-Link Market revenue, By Component    , 2015–2025 (USD Billion)
10. Rest of North America IO-Link Market revenue, By Application   , 2015–2025 (USD Billion)
11. Rest of North America IO-Link Market revenue, By Industry   , 2015–2025 (USD Billion)
12. Europe IO-Link Market revenue, By Component    , 2015–2025 (USD Billion)
13. Europe IO-Link Market revenue, By Application   , 2015–2025 (USD Billion)
14. Europe  IO-Link Market revenue, By Industry   , 2015–2025 (USD Billion)
15. UK IO-Link Market revenue, By Component    , 2015–2025 (USD Billion)
16. UK IO-Link Market revenue, By Application   , 2015–2025 (USD Billion)
17. UK IO-Link Market revenue, By Industry   , 2015–2025 (USD Billion)
18. France IO-Link Market revenue, By Component    , 2015–2025 (USD Billion)
19. France IO-Link Market revenue, By Application   , 2015–2025 (USD Billion)
20. France IO-Link Market revenue, By Industry   , 2015–2025 (USD Billion)
21. Germany IO-Link Market revenue, By Component    , 2015–2025 (USD Billion)
22. Germany IO-Link Market revenue, By Application   , 2015–2025 (USD Billion)
23. Germany  IO-Link Market revenue, By Industry   , 2015–2025 (USD Billion)
24. Rest of Europe IO-Link Market revenue, By Component    , 2015–2025 (USD Billion)
25. Rest of Europe IO-Link Market revenue, By Application   , 2015–2025 (USD Billion)
26. Rest of Europe IO-Link Market revenue, By Industry   , 2015–2025 (USD Billion)
27. Asia Pacific IO-Link Market revenue, By Component    , 2015–2025 (USD Billion)
28. Asia Pacific IO-Link Market revenue, By Application   , 2015–2025 (USD Billion)
29. Asia Pacific IO-Link Market revenue, By Industry   , 2015–2025 (USD Billion)
30. China IO-Link Market revenue, By Component    , 2015–2025 (USD Billion)
31. China IO-Link Market revenue, By Application   , 2015–2025 (USD Billion)
32. China IO-Link Market revenue, By Industry   , 2015–2025 (USD Billion)
33. Japan IO-Link Market revenue, By Component    , 2015–2025 (USD Billion)
34. Japan IO-Link Market revenue, By Application   , 2015–2025 (USD Billion)
35. Japan IO-Link Market revenue, By Industry   , 2015–2025 (USD Billion)
36. India IO-Link Market revenue, By Component    , 2015–2025 (USD Billion)
37. India IO-Link Market revenue, By Application   , 2015–2025 (USD Billion)
38. India IO-Link Market revenue, By Industry   , 2015–2025 (USD Billion)
39. Rest of Asia Pacific IO-Link Market revenue, By Component    , 2015–2025 (USD Billion)
40. Rest of Asia Pacific IO-Link Market revenue, By Application   , 2015–2025 (USD Billion)
41. Rest of Asia Pacific IO-Link Market revenue, By Industry   , 2015–2025 (USD Billion)
42. Latin America IO-Link Market revenue, By Component    , 2015–2025 (USD Billion)
43. Latin America IO-Link Market revenue, By Application   , 2015–2025 (USD Billion)
44. Rest of Latin America IO-Link Market revenue, By Industry   , 2015–2025 (USD Billion)
45. Brazil IO-Link Market revenue, By Component    , 2015–2025 (USD Billion)
46. Brazil IO-Link Market revenue, By Application   , 2015–2025 (USD Billion)
47. Brazil IO-Link Market revenue, By Industry   , 2015–2025 (USD Billion)
48. Rest of Latin America IO-Link Market revenue, By Component    , 2015–2025 (USD Billion)
49. Rest of Latin America IO-Link Market revenue, By Application   , 2015–2025 (USD Billion)
50. Rest of Latin America IO-Link Market revenue, By Industry   , 2015–2025 (USD Billion)
51. The Middle East and Africa IO-Link Market revenue, By Component    , 2015–2025 (USD Billion)
52. The Middle East and Africa IO-Link Market revenue, By Application   , 2015–2025 (USD Billion)
53. The Middle East and Africa IO-Link Market revenue, By Industry   , 2015–2025 (USD Billion)
54. Saudi Arabia IO-Link Market revenue, By Component    , 2015–2025 (USD Billion)
55. Saudi Arabia IO-Link Market revenue, By Application   , 2015–2025 (USD Billion)
56. Saudi Arabia IO-Link Market revenue, By Industry   , 2015–2025 (USD Billion)
57. South Africa IO-Link Market revenue, By Component    , 2015–2025 (USD Billion)
58. South Africa IO-Link Market revenue, By Application   , 2015–2025 (USD Billion)
59. South Africa IO-Link Market revenue, By Industry   , 2015–2025 (USD Billion)
60. Rest of the Middle East & Africa IO-Link Market revenue, By Component    , 2015–2025 (USD Billion)
61. Rest of the Middle East & Africa IO-Link Market revenue, By Application, 2015–2025 (USD Billion)
62. Rest of the Middle East & Africa IO-Link Market revenue, By Industry   , 2015–2025 (USD Billion)

 
 

Methodology

FrequentlyAsked Questions

The massive focus on optimizing resources, raising proficiency, and reducing manufacturing costs will prompt the expansion of IO-Link industry over the forecast period. In addition to this, large-scale use of digital industrial systems and favorable government schemes for accepting industrial automation will propel the surge in industry in the years to come. Nonetheless, low level of standardization can put brakes on the market expansion in the years ahead.  Furthermore, growing need for enhancing power efficacy along with onset of industrial 4.0 revolution will bring a paradigm shift in the digital world, thereby influencing the expansion of IO-Link industry over the next couple of years. With acceptance of ethernet communication as standard protocol in automotive, semiconductor & electronics, and medical equipment sectors, the IO-Link industry is anticipated to gain traction over the years to come.

The global IO-link market is expected to grow due to the need for smart industrial automation, improved machine communication, and efficient data transmission.

According to a study, the global IO-link market size was worth around USD 11.42 Billion in 2024 and is expected to reach USD 151.53 Billion by 2034.

The global IO-link market is expected to grow at a CAGR of 29.5% during the forecast period.

Europe is expected to dominate the IO-link market over the forecast period.

Leading players in the global IO-link market include Festo, Hans Turck, Rockwell Automation, Pepperl & Fuchs, Banner Engineering, Siemens, Ifm electronic, Balluff, SICK, Omron, and Datalogic., among others.

The report explores crucial aspects of the IO-link market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.

Choose License Type

  • zion payment modes

HappyClients

Office Address

Contact Us

Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651

Asia Pacific Office

3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008

Contact #

US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com

We Are On Social

twitter

Industry Press Release

We Accept

We have secured system to process your transaction.

  • payment methods

Business Hours

Our support available to help you 24 hours a day, five days a week.

Monday - Friday: 9AM - 6PM

Saturday - Sunday: Closed