According to a new report by Univdatos Market Insights, IO-Link Market was valued at USD 13.5 Billion in 2023 and is expected to grow at a strong CAGR of around 29% during the forecast period (2024-2032). IO-Link is a standardized communication protocol used in industrial automation to enable seamless connectivity and communication between sensors, actuators, and control systems. It serves as a...
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