The AS-Interface Market is valued at USD 2000 million by 2028 is expected to encourage a +5% of CAGR in the forecast period of 2021 to 2028. Report Consultant’s report on AS-interface confers analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while conferring their impacts on the market’s growth.
AS-interface is a type of networking solution which availed in DCS, PLC, and PC-based automation systems. They are accountable to link the connections, to the high-level control system with other equipment so that there is a smooth flow of data and commands. The AS Interface main purpose is to connect I/O equipment like sensors, actuators, rotary encoders, push buttons, and analog inputs and outputs using a single 2-conductor cable.
The increase in the adoption of process automation in process companies is expected to impact the growth of the AS interface market over the forecast period of 2021 to 2028. Also, the simple, easy, and fast installation of AS interface system with the least number of cables is also predicted to flourish the growth of the AS-interface market. Furthermore, the high acquisition of safety at work of AS-Interface and rapid increase in the automation processes are also likely to positively prevalence the growth of the AS-interface market.
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Key Players: Bihl+Wiedemann GmbH, Baumer, Pepperl+Fuchs, Siemens, Valmet, ABB, Emerson Electric Co., ifm electronic gmbh, PHOENIX CONTACT, Schneider Electric, Nexans, Leoni Special Cables GmbH, and Renesas Electronics Corporation
Moreover, the high demand for AS-Interface technology is as it addresses the limited level of a control system architecture and safe transmission of data and power differentiated to wired devices along with rising in the support from the government for the adoption of industrial automation in various industries are also expected create immense demand for AS-interface as well as lifting the growth of the as-interface market.
However, the impact on infrastructure related investments due to fluctuation in the price of oil and gas are predicted to act as the major limitations for the growth of AS-interface in the forecasted period, whereas the lack of awareness related to the advantages of AS interface system can challenge the AS-interface market growth in the forecast period of 2021 to 2028.
Likewise, the high acquisition of safety at work of AS-interface and high revolution in industry 4.0 in various industries for automation application is expected to make various new opportunities that will lead to the growth of the AS-interface market in the above mentioned forecasted period.
North America leads the AS-Interface Market because of the rapid rise in industrial automation. Europe is expected to expand at a noteworthy growth rate over the forecast period of 2021 to 2028 owing to the strong presence of various end use companies like automobiles, electronics, pharmaceuticals, and chemicals.
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On the basis of component, the AS-interface market is fragmented into:-
- AS-I gateway/master
- AS-I slaves
- AS-interface power supply
- AS-I cables
- AS-I slaves
Based on application, the AS-interface market is fragmented into:-
- Material Handling
- Drive Control
- Building Automation
Material handling has further been segmented into:-
- Baggage Handling
- Bottle Sorting
- Laser Cutting
The end user segment of the AS-interface market is fragmented into:-
- Food And Beverages
- Oil And Gas
- Water And Wastewater Treatment
- Metal And Mining
- North America
- South America
- Middle East and Africa
- Latin America
Detailed TOC of AS Interface Market Market Research Report-
– AS Interface Market Introduction and Market Overview
– AS Interface Market Market, by Application
– AS Interface Market Industry Chain Analysis
– AS Interface Market Market, by Type
– Industry Manufacture, Consumption, Export, Import by Regions
– Industry Value ($) by Region
– AS Interface Market Market Status and SWOT Analysis by Regions
– Major Region of AS Interface Market Market
i) Global AS Interface Market Sales
ii) Global AS Interface Market Revenue & market share
– Major Companies List
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