Global AS-Interface Market, By Component (AS-I Gateway/Master, AS-I Slaves, AS-Interface Power Supply, AS-I Cables), Application (Material Handling, Drive Control, Building Automation, Others), End User (Food and Beverages, Chemicals, Paper, Oil and Gas, Water and Wastewater Treatment, Metal and Mining, Automotive, Pharmaceuticals, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global AS-Interface Market
The AS-interface market size is valued at USD 1,569.15 million by 2028 is expected to grow at a compound annual growth rate of 5.50% in the forecast period of 2021 to 2028. Data Bridge Market Research report on AS-interface provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
AS-interface is a type of a networking solution which used in DCS, PLC and PC-based automation system. They are responsible to link the connections, to the high level control system with other devices so that there is smooth flow of data and commands. AS-Interface main purpose is to connect I/O devices such as sensors, actuators, rotary encoders, push buttons and analogy inputs and outputs using a single 2-conductor cable.
The increase in adoption of process automation in process industry is expected to influence the growth of AS-interface market over the forecast period of 2021 to 2028. Also the simple, easy, and fast installation of AS-interface system with least number of cables is also anticipated to flourish the growth of the AS-interface market. Furthermore, the high adoption of safety at work of AS-Interface and rapid increase in the automation processes are also likely to positively impact the growth of the AS-interface market. Moreover, the high demand for AS-Interface technology is as it addresses the lowest level of a control system architecture and safe transmission of data and power compared to wired devices along with rise in the support from the government for the adoption of industrial automation in various industries are also expected create a huge 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 expected to act as the major limitations for the growth of AS-interface in the above mentioned forecasted period, whereas the lack of awareness regarding benefits of as-interface system can challenge the AS-interface market growth in the forecast period of 2021 to 2028.
Likewise, the high adoption of safety at work of AS-interface and high revolution in industry 4.0 in various industries for automation application are expected to create various new opportunities that will lead to the growth of the AS-interface market in the above mentioned forecasted period.
This AS-interface market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the AS-interface market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global AS-Interface Market Scope and Market Size
The AS-interface market is segmented on the basis of component, application and end user. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of component, the AS-interface market is segmented into AS-I gateway/master, AS-I slaves, AS-interface power supply and AS-I cables. AS-I slaves have further been segmented as slaves addressing.
- Based on application, the AS-interface market is segmented into material handling, drive control, building automation and others. Material handling has further been segmented into baggage handling, bottle sorting, packaging and laser cutting.
- The end user segment of the AS-interface market is segmented into food and beverages, chemicals, paper, oil and gas, water and wastewater treatment, metal and mining, automotive, pharmaceuticals and others. Others have further been segmented into aerospace and semiconductor.
AS-Interface Market Country Level Analysis
The AS-interface market is analyzed and market size, volume information is provided by country, component, application and end user as referenced above.
The countries covered in the AS-interface market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA)as a part of Middle East and Africa (MEA).
North America leads the AS-interface market because of the rapid rise in industrial automation. Europe is expected to expand at a significant growth rate of over the forecast period of 2021 to 2028 owing to strong presence of various end use industries such as automobiles, electronics, pharmaceuticals and chemicals.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and AS-Interface Market Share Analysis
The AS-interface market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to AS-interface market.
The major players covered in the AS-interface market report are 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, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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