Global AS-Interface Market
The global AS-Interface Marketwas valued at USD 861.45 million in 2016 and is projected to reach USD 1,250.73 million by 2025, growing at a CAGR of 4.23% from 2017 to 2025.
AS-Interface (Actuator Sensor Interface, AS-I is an industrial networking solution (physical layer, data access method and protocol) used in PLC, DCS and PC-based automation systems. It is designed for connecting simple field I/O devices (e.g. binary ON/OFF devices such as actuators, sensors, rotary encoders, analog inputs and outputs, push buttons, and valve position sensors) in discrete manufacturing and process applications using a single 2-conductor cable.
1. Market Drivers
1.1 Increasing applications Process Automation in Process Industry
1.2 Simple, Easy, and Fast Installation of AS-Interface System With Minimum Number of Cables
2. Market Restraints
2.1 Declining and Fluctuating Oil & Gas Prices Affect Infrastructure
1. Global AS-Interface Market, by Industry:
1.1 Food & Beverages
1.4 Oil & Gas
1.5 Water and Wastewater Treatment
1.8 Metal & Mining
2. Global AS-Interface Market, by Component:
2.1 AS-I Gateway/Master
2.2 AS-I Slaves
2.2.1 Slaves Addressing
2.3 AS-Interface Power Supply
2.4 AS-I Cables
3. Global AS-Interface Market, by Application:
3.1 Material Handling
3.1.1 Use of AS-Interface in Airport for Baggage Handling
3.1.2 Bottle Sorting With the Help of AS-Interface
22.214.171.124 AS-Interface Used in Packaging for Various Operations
3.1.4 Laser Cutting
3.2 Drive Control
3.2.1 AS-Interface Module Controls Dc Motors in Conveyor Application
3.3 Building Automation
3.3.1 Role of AS-Interface in Fire and Smoke Damper
4. Global AS-Interface Market, by Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa
The major players in the market are as follows:
1. Bihl+Wiedemann GmbH
2. Baumer Electric AG
3. Pepperl+Fuchs GmbH
4. Siemens AG
5. Valmet Corporation
6. ABB Ltd.
7. Emerson Electric Co.
8. IFM Electronic GmbH
9. Phoenix Contact GmbH & Co. Kg
10. Schneider Electric SE
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the AS-Interface Marketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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