The Business Research Company’s IO-Link Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The IO-Link Global Market Report 2023 evaluates IO-link market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The global IO-link market size is expected to grow from $8.17 billion in 2022 to $10.43 billion in 2023 at a compound annual growth rate (CAGR) of 27.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global IO-link market size is expected to reach $26.23 billion in 2027 at a CAGR of 25.9%.

The IO-link market segments in the report are:

IO-Link Market By Component :
IO-link Master
IO-link Devices
Sensor Nodes
Modules
Actuators
RFID Read Heads
Other Components

IO-Link Market By Application :
Machine Tool
Handling And Assembly Automation
Packaging
Intralogistics

IO-Link Market By Industry Vertical :
Oil And Gas
Energy And Power
Automotive
Aerospace And Defense
Pharmaceuticals
Food And Beverages
Chemicals
Other Industry Verticals

Europe was the largest region in the IO-link market in 2022.

Get More Information On The IO-Link Market Report:
https://www.thebusinessresearchcompany.com/report/io-link-global-market-report

The table of contents in TBRC’s IO-link market report includes:
1. Executive Summary
2. IO-Link Market Characteristics
3. IO-Link Market Trends And Strategies
4. IO-Link Market - Macro Economic Scenario
5. IO-Link Market Size And Growth
......................
26. Africa IO-Link Market
27. IO-Link Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The IO-Link Market
29. IO-Link Market Future Outlook and Potential Analysis
30. Appendix

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