Market Research Report
IO Link System: Global Markets
|Published by||BCC Research||Product code||982084|
|Published||Content info||88 Pages
Delivery time: 1-2 business days
|IO Link System: Global Markets|
|Published: December 28, 2020||Content info: 88 Pages||
The global market for IO-link system should grow from $5.3 billion in 2020 to $17.6 billion by 2025, at a compound annual growth rate (CAGR) of 27.0% for the period of 2020-2025.
The IO-link devices market should grow from $3.4 billion in 2020 to $10.4 billion by 2025 at a CAGR of 25.2% through 2025.
The IO-link masters market should grow from $2.0 billion in 2020 to $7.2 billion by 2025 at a CAGR of 29.9% through 2025.
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.