세계의 Point-to-Point IO-Link 시스템 시장 예측(-2030년) : 구성별, 기술별, 용도별, 최종사용자별, 지역별 시장 분석

According to Stratistics MRC, the Global Point-To-Point IO-Link System Market is growing at a CAGR of 26.5% during the forecast period. The Point-to-Point IO-Link System encompasses a communication framework crucial in industrial automation. This system employs the IO-Link protocol, a standardized digital communication method, enabling direct and individualized connections between sensors, actuators, and the central control system. In this context, "point-to-point" signifies the establishment of dedicated links, allowing for distinct addressing, configuration, and diagnostics for each IO-Link device within the industrial network. By providing individualized addressing and configuration options for each IO-Link device, this system enhances precision, flexibility, and diagnostic capabilities. Industries leverage Point-to-Point IO-Link Systems to optimize manufacturing processes, streamline workflows, and improve overall operational efficiency.

According to IBEF, India is a major manufacturer of machine tools, ranked 17th in production and 12th in the consumption of machine tools globally.

Market Dynamics:

Driver:

Increased demand for industrial automation

As industries worldwide embrace the transformative potential of automation, there is an inherent need for advanced communication protocols that streamline connectivity and data exchange between sensors, actuators, and the central control systems. Point-to-Point IO-Link Systems play a crucial role in this landscape by providing a standardized, digital communication framework. This enables seamless integration of diverse devices, fostering operational efficiency and agility. Moreover, as industries strive for enhanced productivity, reduced downtime, and greater precision in manufacturing processes, the Point-to-Point IO-Link System proves instrumental.

Restraint:

Initial implementation costs

While the adoption of IO-Link technology brings substantial benefits to industrial automation, the upfront expenses associated with implementing these systems can be a deterrent for organizations, especially smaller enterprises with budget constraints. The investment encompasses the costs of acquiring IO-Link-compatible devices, upgrading existing equipment, and integrating the system into the industrial network. However, training personnel to effectively operate and maintain the new technology contributes to the initial financial outlay.

Opportunity:

Enhanced flexibility and scalability

In the dynamic landscape of industrial automation, businesses seek solutions that offer adaptability to evolving needs and facilitate seamless scalability. The IO-Link protocol's inherent flexibility allows for the straightforward integration of new devices and equipment into existing systems, promoting a modular and agile approach to automation. With the capacity to individually address and configure each IO-Link device, the system supports customization and fine-tuning according to specific operational requirements.

Threat:

Complexity in large-scale deployments

While IO-Link offers advantages in terms of individual device configurability and seamless communication, managing and maintaining a vast array of IO-Link devices in extensive industrial setups introduces challenges. Large-scale deployments require meticulous planning, robust management systems, and sophisticated monitoring capabilities to ensure optimal performance. Coordinating numerous devices across a sprawling network demands a high level of organizational and technical expertise, potentially leading to increased operational complexities.

Covid-19 Impact:

The widespread disruptions in global supply chains, labor shortages, and economic uncertainties during the pandemic led to delays in project implementations and slowed down the pace of industrial automation initiatives. With manufacturing facilities temporarily shutting down or operating at reduced capacity, the demand for automation solutions, including IO-Link systems, faced a slowdown. Additionally, the financial strains on businesses compelled many to reassess their investment priorities, potentially deferring or scaling back plans for the adoption of advanced industrial communication technologies.

The Wireless IO-Link Systems segment is expected to be the largest during the forecast period

Wireless IO-Link Systems segment is expected to be the largest during the forecast period. Wireless IO-Link Systems eliminate the need for physical cables, offering unparalleled flexibility and mobility in device deployment. Industries benefit from simplified installation, reduced wiring complexities, and the ability to quickly adapt to changing configurations. Moreover, wireless systems facilitate the integration of devices in locations that were previously challenging or costly to reach with traditional wired solutions.

The Actuator Control segment is expected to have the highest CAGR during the forecast period

Actuator Control segment is expected to have the highest CAGR during the forecast period. Point-to-Point IO-Link Systems provide precise and individualized communication with actuators, allowing for tailored configurations and enhanced control over various processes. The demand for efficient actuator control is particularly pronounced in industries aiming for higher precision, faster response times, and increased operational flexibility. By leveraging the capabilities of IO-Link, businesses can achieve granular control over actuators, leading to improved overall system efficiency.

Region with largest share:

Asia Pacific region is anticipated to hold the largest share owing to industrialization and a robust adoption of advanced technologies. As manufacturing sectors across countries like China, Japan, and India increasingly embrace Industry 4.0 principles, there is a heightened demand for efficient and flexible industrial automation solutions. The Asia Pacific region's burgeoning manufacturing landscape is driving the need for precise communication protocols like IO-Link, facilitating individual device configurability and seamless integration. Furthermore, rapid economic growth, coupled with initiatives to enhance production efficiency, is fostering the deployment of Point-to-Point IO-Link Systems in various sectors such as automotive, electronics, and machinery.

Region with highest CAGR:

Europe region is projected to witness lucrative growth. Europe's well-established industrial landscape, particularly in countries like Germany, has embraced the transformative potential of IO-Link technology. The robust manufacturing sector, coupled with a focus on precision engineering, is driving the demand for efficient and scalable communication protocols. Additionally, Point-to-Point IO-Link Systems offer a standardized and flexible solution, aligning with the region's commitment to smart manufacturing, digitalization, and automation.

Key players in the market

Some of the key players in Point-To-Point IO-Link System market include Rockwell Automation, Schneider Electric, Siemens, Omron Corporation, ABB, Keyence Corporation, Baumer Group, Mitsubishi Electric, Beckhoff Automation, IFM Electronic, Banner Engineering, Honeywell International Inc, Phoenix Contact India, Analog Devices, Inc and Pepperl+Fuchs Inc.

Key Developments:

In Decemnber 2023, Rockwell Automation, Inc. (NYSE: ROK), the world's largest company dedicated to industrial automation and digital transformation, today announced it has signed a definitive agreement to acquire Ontario, Canada-based Clearpath Robotics Inc., a leader in autonomous robotics for industrial applications.

In October 2023, Rockwell Automation acquires Verve Industrial Protection. The acquisition will expand Rockwell's cybersecurity offering, building the resiliency and security of customers' operations.

Components Covered:

• IO-Link Devices
• Software and Services
• Other Components

Technologies Covered:

• Wireless IO-Link Systems
• Wired IO-Link Systems
• Other Technologies

Applications Covered:

• Actuator Control
• Sensor Integration
• Other Applications

End Users Covered:

• Automotive
• Electronics
• Food and Beverage
• Power Generation
• Water Treatment Plants
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Technology Analysis
• 3.7 Application Analysis
• 3.8 End User Analysis
• 3.9 Emerging Markets
• 3.10 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Point-To-Point IO-Link System Market, By Component

• 5.1 Introduction
• 5.2 IO-Link Devices
• 5.3 Software and Services
  • 5.3.1 Maintenance Services
  • 5.3.2 Configuration Software
• 5.4 Other Components

6 Global Point-To-Point IO-Link System Market, By Technology

• 6.1 Introduction
• 6.2 Wireless IO-Link Systems
  • 6.2.1 WLAN (Wireless Local Area Network)
  • 6.2.2 Bluetooth
• 6.3 Wired IO-Link Systems
• 6.4 Other Technologies

7 Global Point-To-Point IO-Link System Market, By Application

• 7.1 Introduction
• 7.2 Actuator Control
  • 7.2.1 Gripper Control
  • 7.2.2 Valve Control
  • 7.2.3 Motor Control
  • 7.2.4 Other Actuator Controls
• 7.3 Sensor Integration
  • 7.3.1 Level Sensors
  • 7.3.2 Photoelectric Sensors
  • 7.3.3 Pressure Sensors
  • 7.3.4 Proximity Sensors
  • 7.3.5 Temperature Sensors
  • 7.3.6 Other Sensor Integrations
• 7.4 Other Applications

8 Global Point-To-Point IO-Link System Market, By End User

• 8.1 Introduction
• 8.2 Automotive
• 8.3 Electronics
• 8.4 Food and Beverage
• 8.5 Power Generation
• 8.6 Water Treatment Plants
• 8.7 Other End Users

9 Global Point-To-Point IO-Link System Market, By Geography

• 9.1 Introduction
• 9.2 North America
  • 9.2.1 US
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 Italy
  • 9.3.4 France
  • 9.3.5 Spain
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 Japan
  • 9.4.2 China
  • 9.4.3 India
  • 9.4.4 Australia
  • 9.4.5 New Zealand
  • 9.4.6 South Korea
  • 9.4.7 Rest of Asia Pacific
• 9.5 South America
  • 9.5.1 Argentina
  • 9.5.2 Brazil
  • 9.5.3 Chile
  • 9.5.4 Rest of South America
• 9.6 Middle East & Africa
  • 9.6.1 Saudi Arabia
  • 9.6.2 UAE
  • 9.6.3 Qatar
  • 9.6.4 South Africa
  • 9.6.5 Rest of Middle East & Africa

10 Key Developments

• 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 10.2 Acquisitions & Mergers
• 10.3 New Product Launch
• 10.4 Expansions
• 10.5 Other Key Strategies

11 Company Profiling

• 11.1 Rockwell Automation
• 11.2 Schneider Electric
• 11.3 Siemens
• 11.4 Omron Corporation
• 11.5 ABB
• 11.6 Keyence Corporation
• 11.7 Baumer Group
• 11.8 Mitsubishi Electric
• 11.9 Beckhoff Automation
• 11.10 IFM Electronic
• 11.11 Banner Engineering
• 11.12 Honeywell International Inc
• 11.13 Phoenix Contact India
• 11.14 Analog Devices, Inc
• 11.15 Pepperl+Fuchs Inc