Market Overview:
The global Io-Link Master market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The 2 port type had the biggest market share of 43% in 2018 and is expected to maintain its dominance during the forecast period. The industrial automation application segment is expected to have the highest growth rate during the forecast period. North America held the largest share of 36% in 2018, followed by Europe and Asia Pacific. However, Asia Pacific is projected to be the fastest growing region with a CAGR of 6%.
Product Definition:
Io-link Master is a device that can connect to other devices through the internet. It helps in monitoring and managing the devices connected to it.
2 port:
2-Port is a smart and cost effective solution for applications that require high bandwidth at low power. It enables the users to achieve higher data throughput with lower energy consumption, which makes it ideal for next-generation industrial applications such as smart factories. The technology has been gaining popularity in the past few years owing to its ability to meet growing needs of evolving networks and cloud computing platforms.
4 port:
4 port is a kind of smart card used in the identification and authentication system. It consists of an integrated circuit, antenna, and a read/write memory. The 4-port device has four contact points which are connected to the host by means of thin wires. These contact points are used for data communication as well as for power supply regulation purposes.
Application Insights:
The industrial automation application segment is projected to witness significant growth over the forecast period. The increasing adoption of IoT in manufacturing and other industries for process control, asset tracking, and location awareness is expected to drive the demand for iLINK master devices. Moreover, a growing number of M2M communications between smart devices such as sensors and actuators are driving the demand further. For instance, Bajaj Electronics¢â‚¬â„¢s IoT product range includes remote monitoring systems that can be controlled through an app developed by customers or third parties. Such advanced features provided by these products are expected to fuel market growth over the coming years.
Food & beverage industry accounted for more than 20% share in 2018 owing to extensive use of iLINK master device within this sector especially in cold storage facilities where they act as a bridge between RFID technology.
Regional Analysis:
Asia Pacific region is expected to be the fastest-growing market for iolm over the forecast period. The growth can be attributed to increasing industrial automation and rising adoption of IoT technologies in various industries such as manufacturing, oil & gas, healthcare, and others. Moreover, growing demand for smart devices coupled with a rapidly developing economy has led to an increased number of end users in this region. Increasing investments by governments in developing countries are also contributing towards market growth across Asia Pacific region. For instance; China’s 13th Five-Year Plan (2016 - 2020) includes numerous initiatives related to intelligentization including establishing national standards on Internet of Things (IoT) security protocols and encouraging public participation through online platforms for providing feedback on government policies among other things).
Growth Factors:
- Increasing demand for data-driven IoE applications
- Proliferation of low-cost, small form factor sensors and actuators
- Advances in wireless communication technologies and protocols
- Growing demand for cloud-based services and big data analytics
- Emergence of new business models that enable monetization of sensor data
Scope Of The Report
Report Attributes
Report Details
Report Title
Io-Link Master Market Research Report
By Type
2 port, 4 port, 8 port, Others, 2 port had the biggest market share of 43% in 2018?
By Application
Industrial Automation, Food & Beverage Industry, Control Cabinets, Others
By Companies
Siemens, Omron, WAGO, ifm Electronic, Belden, Murrelektronik, Rockwell Automation, SICK, Balluff, Turck, Pepperl+Fuchs, Comtrol, Weidmüller, Datalogic, MESCO
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Io-Link Master Market Report Segments:
The global Io-Link Master market is segmented on the basis of:
Types
2 port, 4 port, 8 port, Others, 2 port had the biggest market share of 43% in 2018?
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial Automation, Food & Beverage Industry, Control Cabinets, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Siemens
- Omron
- WAGO
- ifm Electronic
- Belden
- Murrelektronik
- Rockwell Automation
- SICK
- Balluff
- Turck
- Pepperl+Fuchs
- Comtrol
- Weidmüller
- Datalogic
- MESCO
Highlights of The Io-Link Master Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 2 port
- 4 port
- 8 port
- Others
- 2 port had the biggest market share of 43% in 2018?
- By Application:
- Industrial Automation
- Food & Beverage Industry
- Control Cabinets
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Io-Link Master Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Io-Link Master is a software application that provides remote control of Io-Link devices. It allows users to manage and monitor their devices from a central location, and to configure settings remotely.
Some of the major companies in the io-link master market are Siemens, Omron, WAGO, ifm Electronic, Belden, Murrelektronik, Rockwell Automation, SICK, Balluff, Turck, Pepperl+Fuchs, Comtrol, WeidmƒÂ¼ller, Datalogic, MESCO.
The io-link master market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Io-Link Master Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Io-Link Master Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Io-Link Master Market - Supply Chain
4.5. Global Io-Link Master Market Forecast
4.5.1. Io-Link Master Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Io-Link Master Market Size (000 Units) and Y-o-Y Growth
4.5.3. Io-Link Master Market Absolute $ Opportunity
5. Global Io-Link Master Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Io-Link Master Market Size and Volume Forecast by Type
5.3.1. 2 port
5.3.2. 4 port
5.3.3. 8 port
5.3.4. Others
5.3.5. 2 port had the biggest market share of 43% in 2018?
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Io-Link Master Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Io-Link Master Market Size and Volume Forecast by Application
6.3.1. Industrial Automation
6.3.2. Food & Beverage Industry
6.3.3. Control Cabinets
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Io-Link Master Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Io-Link Master Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Io-Link Master Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Io-Link Master Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Io-Link Master Demand Share Forecast, 2019-2026
9. North America Io-Link Master Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Io-Link Master Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Io-Link Master Market Size and Volume Forecast by Application
9.4.1. Industrial Automation
9.4.2. Food & Beverage Industry
9.4.3. Control Cabinets
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Io-Link Master Market Size and Volume Forecast by Type
9.7.1. 2 port
9.7.2. 4 port
9.7.3. 8 port
9.7.4. Others
9.7.5. 2 port had the biggest market share of 43% in 2018?
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Io-Link Master Demand Share Forecast, 2019-2026
10. Latin America Io-Link Master Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Io-Link Master Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Io-Link Master Market Size and Volume Forecast by Application
10.4.1. Industrial Automation
10.4.2. Food & Beverage Industry
10.4.3. Control Cabinets
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Io-Link Master Market Size and Volume Forecast by Type
10.7.1. 2 port
10.7.2. 4 port
10.7.3. 8 port
10.7.4. Others
10.7.5. 2 port had the biggest market share of 43% in 2018?
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Io-Link Master Demand Share Forecast, 2019-2026
11. Europe Io-Link Master Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Io-Link Master Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Io-Link Master Market Size and Volume Forecast by Application
11.4.1. Industrial Automation
11.4.2. Food & Beverage Industry
11.4.3. Control Cabinets
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Io-Link Master Market Size and Volume Forecast by Type
11.7.1. 2 port
11.7.2. 4 port
11.7.3. 8 port
11.7.4. Others
11.7.5. 2 port had the biggest market share of 43% in 218?
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Io-Link Master Demand Share, 2019-2026
12. Asia Pacific Io-Link Master Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Io-Link Master Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Io-Link Master Market Size and Volume Forecast by Application
12.4.1. Industrial Automation
12.4.2. Food & Beverage Industry
12.4.3. Control Cabinets
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Io-Link Master Market Size and Volume Forecast by Type
12.7.1. 2 port
12.7.2. 4 port
12.7.3. 8 port
12.7.4. Others
12.7.5. 2 port had the biggest market share of 43% in 2018?
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Io-Link Master Demand Share, 2019-2026
13. Middle East & Africa Io-Link Master Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Io-Link Master Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Io-Link Master Market Size and Volume Forecast by Application
13.4.1. Industrial Automation
13.4.2. Food & Beverage Industry
13.4.3. Control Cabinets
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Io-Link Master Market Size and Volume Forecast by Type
13.7.1. 2 port
13.7.2. 4 port
13.7.3. 8 port
13.7.4. Others
13.7.5. 2 port had the biggest market share of 43% in 2018?
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Io-Link Master Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Io-Link Master Market: Market Share Analysis
14.2. Io-Link Master Distributors and Customers
14.3. Io-Link Master Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Siemens
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Omron
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. WAGO
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ifm Electronic
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Belden
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Murrelektronik
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Rockwell Automation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. SICK
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Balluff
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Turck
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Pepperl+Fuchs
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Comtrol
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Weidmüller
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Datalogic
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. MESCO
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
