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/PRNewswire/ -- According to the new market research report "IO-Link Market with COVID-19 Impact Analysis by Type (IO-Link Wired, IO-Link Wireless), Component...
IO-Link Market worth $24.2 billion by 2026 - Exclusive Report by MarketsandMarkets " IO-Link Market with COVID-19 Impact Analysis by Type (IO-Link Wired, IO-Link Wireless), Component (IO-Link Master, IO-Link Devices), Industry (Process, Discrete, Hybrid), Application, and Geography (North America, Europe, APAC) - Global Forecast to 2026", published by MarketsandMarkets, the IO-Link market size is projected to reach USD 24.2 billion by 2026 from an estimated USD 7.7 billion in 2021, at a CAGR of 25.6% from 2021 to 2026.The rising demand for Industry 4.0 and ability to support all fieldbus prot...
Share this article Share this article ResearchAndMarkets.com's offering. 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: An overview of g...