Press release
I/O Link Market 2019 to Grow at +34% CAGR to 2025| By Top Leading Players: Siemens, Balluff, Ifm Electronic, SICK, Rockwell Automation, Festo, Omron, Bosch Rexforth, Banner Engineering
The Global I/O Link Market report is the new addition announced by Report Consultant, which offers qualitative insights into factors that impact the growth of the global market. It offers a wide-ranging study of the competitive landscape of the market and also considers the share of the of market key players in each region as well as the overall market by estimating their revenue and sales.The global I/O link market which was represented a CAGR of approximately +34% in the midst of the estimate time span of 2019-2025.
IO-Link is a powerful standard, an increasingly deployed point-to-point serial communication protocol used to communicate with sensors and/or actuators. Extending the globally recognized PLC standard IEC 61131, it allows three types of data to be exchanged – Process data, service data, and events. Major sensor manufacturers and industrial manufacturing companies, including Comtrol, have joined the international IO-Link Consortium to promote the IO-Link communication protocol due to its many advantages over standard I/O.
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Top Key Players:
Siemens, Balluff, Ifm Electronic, SICK, Rockwell Automation, Festo, Omron, Bosch Rexforth, Banner Engineering, Hans Turck, Pepperl & Fuchs, Datalogic, Belden, Bernecker + Rainer, Comtrol Corporation, Beckhoff Automation.
Segment By Regions/Countries, This I/O Link Market Report Covers
United States
Europe
China
Japan
Southeast Asia
India
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America are labelled to be the most prominent regional Global I/O Link Market. Among these, North America has attained the overall market and is still rising continually. But, now it is also being anticipated that in the next few years, some other regions might take over and turn out to be the most promising regional markets. Asia Pacific is also expected to witness a high rise in the global market in the near future owing to the presence of a large number of people, getting in to this market sector.
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As the Global I/O Link Market is highly competitive and vibrant, the major key players in this market are endlessly endeavoring to grow more efficiently in response to various needs of the end users. The demand for the global market is rising significantly as it proves to give a better quality of experience and due to this Global I/O Link Market is displaying high growth in its size. The upsurge in its technological progression is anticipated to propel substantially in the coming years.
I/O Link Market Segmented By Type
I/O-Link Masters
I/O-Link Devices
I/O Link Market Segmented By Application
Automotive
Medical Devices
Semiconductor and Electronics
Others
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In This Study, The Years Considered To Estimate The Market Size Of I/O Link Are As Follows:
History Year: 2015-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Table Of Content:
The Global I/O Link Market Report Contains:
1. Global market overview
2. Global market competition by manufacturers, type and application
3. USA/China/Japan/Europe/India and Southeast Asia are the regional analysis of I/O link (volume, value and sales price)
4. Analysis of global market by manufacturer
5. I/O link manufacturing cost analysis
6. Industrial chain, sourcing strategy and downstream buyers
7. Marketing strategy analysis, distributors/traders
8. Market effect factors analysis
9. Global market forecast (2019-2025)
10. Conclusion of the global I/O link market
11. Appendix
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