Rising Automation Trends Propel IO-Link Market Growth
The IO-Link Market was valued at USD 11.40 billion in 2024 and is projected to grow from USD 14.76 billion in 2025 to USD 151.19 billion by 2034, exhibiting a compound annual growth rate (CAGR) of 29.5% during the forecast period (2025 - 2034). Increasing adoption of Industry 4.0, industrial automation, and smart manufacturing are major drivers fueling the growth of the IO-Link industry....
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