IO-Link Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2026
The ability of IO-Link to support several higher level Fieldbus and Ethernet communication protocols and high focus on increasing energy efficiency, optimizing resources, and reducing production costs are a few major growth drivers of IO-Link market. However, the limitation of IO-Link in high-speed or motion control applications and lack of standardization are restraining the market growth.
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