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Global IO-Link Market Growth 2018-2023

 



(IT-NEWSWIRE.COM, November 13, 2018 ) The IO Link market for discrete industries is expected to grow at the highest rate from 2018 to 2025owing to the recent surge in the adoption of Ethernet communication protocol as a higher level communication protocol in automotive, medical devices, and semiconductor and electronics industries.
Europe is likely to continue to hold the largest market share during the forecast period. Rapid advancements in technologies, stringent regulatory policies, strong government support, along with the significant presence of key industry players, are a few major factors driving the IO-Link market growth in Europe.
According to this study, over the next five years the IO-Link market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2023, from US$ xx million in 2017. In particular, this report presents the global market share (sales and revenue) of key companies in IO-Link business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of IO-Link market by product type, application, key manufacturers and key regions and countries.
This study considers the IO-Link value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2013 to 2018, in Section 2.3; and forecast to 2023 in section 11.7.
IO-Link Masters
IO-Link Devices
Segmentation by application: breakdown data from 2013 to 2018, in Section 2.4; and forecast to 2023 in section 11.8.
Automotive
Medical Devices
Semiconductor and Electronics
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
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
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global IO-Link consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of IO-Link market by identifying its various subsegments.
Focuses on the key global IO-Link manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the IO-Link with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of IO-Link submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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