Steady growth of PI technologies despite economic challenges
PI technologies, including Profibus and Profinet, are showing moderate growth despite global economic uncertainties.
Supply chain issues led to bottlenecks in 2022, but the situation stabilized in 2023 due to increased delivery of IO-Link devices. This led to 9.7 million newly installed nodes in 2024, with IO-Link growing to 61 million nodes. PROFIsafe also saw growth, reaching 28.7 million devices. Profinet maintained its position as the leading technology with 9.5 million new nodes, for a total of 78.8 million products installed. Profibus also remains relevant, with 1.1 million devices sold in 2024, 800,000 of them in the process industry.
A total of 70 million Profibus devices are in use. Xaver Schmidt, Chairman of PI, emphasizes the positive outlook for the future through continuous technology development and the importance of digital transformation for market success.
