Global IoT IO-Link Solutions Market Growth 2025-2031

The global IoT IO-Link Solutions market size is predicted to grow from US$ 2139 million in 2025 to US$ 7050 million in 2031; it is expected to grow at a CAGR of 22.0% from 2025 to 2031.

IoT IO-Link is the first standardised IO technology worldwide for the communication with sensors and also actuators. The powerful point-to-point communication is based on the long established 3-wire sensor and actuator connection without additional requirements regarding the cable material. So, IO-Link is no fieldbus but the further development of the existing, tried-and-tested connection technology for sensors and actuators.

According to our research, the number of global connected IoT devices was about 14 billion, grew by 18% compared to 2021. The data released by the Office of the Central Cyberspace Affairs Commission shows that, by the end of 2022, China has built and opened a total of 2.3 million 5G base stations. 110 cities across the country have reached the gigabit city construction standards. Gigabit optical network has the ability to cover more than 500 million households. IPv6 scale deployment application is deeply promoted. The number of active users exceeds 700 million, mobile network IPv6 traffic accounted for nearly 50%. The total size of China"s data center racks exceeds 6.5 million standard racks, with an average annual growth rate of more than 30% in the past five years.

LP Information, Inc. (LPI) ' newest research report, the “IoT IO-Link Solutions Industry Forecast” looks at past sales and reviews total world IoT IO-Link Solutions sales in 2024, providing a comprehensive analysis by region and market sector of projected IoT IO-Link Solutions sales for 2025 through 2031. With IoT IO-Link Solutions sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world IoT IO-Link Solutions industry.

This Insight Report provides a comprehensive analysis of the global IoT IO-Link Solutions landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on IoT IO-Link Solutions portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global IoT IO-Link Solutions market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for IoT IO-Link Solutions and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global IoT IO-Link Solutions.

This report presents a comprehensive overview, market shares, and growth opportunities of IoT IO-Link Solutions market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
IO-Link Master
IO-Link Sensors
Others

Segmentation by Application:
Aerospace
Electronics and Semiconductors
Auto Industry
Medical Treatment
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Hans Turck
Siemens
Ifm Group
Bosch Rexforth
Baumer Group
ASIX Electronics
Rockwell Automation
Texas Instruments
Balluff
Keyence
Panasonic
Murrelektronik
SICK
Afag
BD Sensors
Belden
Weidmüller
Omron
Parker Hannifin
Wenglor
Beckhoff
Datalogic
MESCO
Onsoon
Sentinel

Key Questions Addressed in this Report

What is the 10-year outlook for the global IoT IO-Link Solutions market?

What factors are driving IoT IO-Link Solutions market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do IoT IO-Link Solutions market opportunities vary by end market size?

How does IoT IO-Link Solutions break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.