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.
The 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 restraints and opportunities and regional dynamics of the market and assessment of the 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 the 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
Key Topics Covered:
Chapter 1 Introduction
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
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