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The Silicon Review Asia

Asia pacific I/O-Link market widens with the uninterrupted growth of IoT ecosystem

Asia pacific I/O-Link market widens with the uninterrupted growth of IoT ecosystem

I/O-Link systems consist of I/O-Link masters and I/O-Link devices (actuators, modules, RFID read heads, etc.) I/O-Link systems are enabling industrial communication with a minimal degree of automation. I/O-Link devices also come with certain advantages such as simple and standardized wiring, central data management and steady communication between controllers, sensors and actuators.

As a result of the developing popularity of I/O-Link devices – the anticipation of a twofold digit development rate over the next few years – the potential development prospects for the merchants of I/O-Links has increased substantially.

Higher growth is expected in the development of the I/O-Link market in the Asia Pacific region, with India and China being the significant contributors. In both these countries, the development in digitization has pushed the I/O-Link market to greater heights. In particular, the government in China has embraced activities that would help them towards creating a more connected infrastructure – China is the most connected nation all over the globe. The government in India is also creating a positive business environment for foreign investors – India is one of the quickest developing economies all over the globe. With these facts in mind, it is not surprising that Asia pacific is one of the most important areas for the sellers of I/O-Links. 

As research and development further continue, business organizations with I/O-Links will reap its benefits in the coming years.

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