IO-Link Market - Top Companies and Manufacturers

  • Report ID: 5988
  • Published Date: Apr 03, 2024
  • Report Format: PDF, PPT

Companies Dominating the IO-Link Landscape

top-features-companies
    • ifm electronic GmbH
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • SICK AG
    • Balluff GmbH
    • Banner Engineering Corp.
    • Siemens AG
    • Rockwell Automation, Inc.
    • Festo SE & Co. KG
    • Datalogic S.p.A
    • Hans Turck GmbH & Co. KG
    • Pepperl + Fuchs

Browse Key Market Insights with Data Illustration:

In the News

  • March 2020: Siemens added backplane bus to their distributed I/O system and more modules for the SIMATIC ET 200MP/SIMATIC S7-1500 IOs. Users may install many channels in the control cabinet while saving money and space thanks to a total of four new multi-channel digital modules, each with 64 channels and an installation width of 35 millimeters.
  • March 2021: Balluff GmbH introduced the sensors, which monitor temperature, relative humidity, tilt, and vibration. The sensors are self-monitoring and offer internal environmental data in real time. LEDs on the sensor indicate the quality of the signal, and IO-Link can be used to control things like operation time and hours.

Author Credits:  Abhishek Verma, Hetal Singh


  • Report ID: 5988
  • Published Date: Apr 03, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The growth of the market is boosted by the governments of several nations investing more money to hasten the adoption of industrial automation are the major factors driving the growth of the IO-link market.

The market size of IO-link is anticipated to attain a CAGR of 27% over the forecast period, i.e., 2024-2036.

The major players in the market are SICK AG, Balluff GmbH, Banner Engineering Corp., Siemens AG, Rockwell Automation, Inc., Festo SE & Co. KG, Datalogic S.p.A, Hans Turck GmbH & Co. KG, Pepperl + Fuchs, and others.

The IO-Link master segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the Europe region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
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