Market Overview:
The global Actuator Sensor Interface market is expected to grow at USD 1,178.3 million by 2023, at 4.8% of CAGR during the forecast period of 2017 to 2023. The demand for the Actuator Sensor Interface slave is estimated to increase owing to its various applications in process industries. It has a small size and easy integration within the sensor and actuator.
The AS-Interface is used in material handling that includes various activities such as loading and transporting the material from one location to another. These are used in AS-Interface in the airport for baggage handling. The AS-interface creates a network connecting to various systems in an optimum operating plant, to minimize wastage and valuable resources. This process includes activities such as processing of water, refining of the impurities, distribution, and storage of water and many others. There are various benefits of AS-Interface that help propel that market growth as well. It saves hardware by reducing I/O cards, wiring and cabinets, fast error localization, transmission in real-time, and quick installation.
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The AS-Interface Market is influenced by the rising demand in its end-use applications. Growing demand in industrial automation is another driver escalating the growth of the market. It enables effective controlling, monitoring, and execution of the manufacturing process. AS-Interface is utilized in automation applications, process control valves, conveyor control, electrical distribution systems, bottling plants, elevators, packaging machines, airport baggage carousels, and bottling lines. On the other hand, high cost of one-time tooling and restricted monitoring of the sensor function prove detrimental to the market. However, the market is bound to grow tremendously as AS-Interface is implemented in many sectors that enhances safety and productivity. For instance in food and beverage sector, it helps reduce installation costs, improves flexibility by connecting with PLCs, improves data flow by using AS-Interface cables attached to other devices and also provides constant power supply throughout all the system. Support from the government for the adoption of industrial automation in various industries also propels the market upward.
AS-Interface Market – Segmentation
The global AS-Interface market has been segmented on the basis of component, application, Industry, and region. The market is segmented on the basis of component, which is comprised of AS-interface gateway, AS-interface slave, AS-interface cable and AS-interface power supply. AS-interface gateway serves as the link between the sensor/actuator level of AS-Interface and the upper-level bus systems. This enables availability of diagnostics information on safety-relevant input slaves directly in the cyclical I/O data in programmable logic controller. On the other hand, AS-interface cables provide common data and power transition through the use of a single master system. These advantages make this segment popular and also helps in making a positive impact on the market growth of AS-interface.
The market is segmented into application; they are building automation, drive control, and material handling. Replacing simple sensors with AS-Interface sensors and actuators is one of the most popular trends in automation currently. AS-I’s potential to cost-effectively replace the nest of wires that permeates most industrial sites is tremendously appealing across many industries, particularly in building automation. On the other hand, AS-I is vastly in demand in material handling and drive control sectors as it provides with simple integration of the drives into the control system, simple installation system and also helps increase savings in wiring costs and time.
The market is also segmented on the basis of industry. These industries are chemicals, paper, pharmaceuticals, metal and mining, and oil and gas. Many industries utilize AS-I as it provides easy integration for electronic and physical records. Through Actuator Sensor Interface, it is possible to check inventory for any location, and the results can be uploaded to the database, thus significantly saving cost and time. Deploying AS-I enables various industries to achieve operational excellence with increased production and lower maintenance.
Global AS-Interface Market – Regional Analysis
The AS-Interface market is extensively segmented into Asia Pacific, North America, Europe and Rest of the World. North America region accounts for the largest market share of close to 40%, thus is currently leading the global AS interface market. The key companies active in this region are ABB Group (Switzerland), Emerson Electric Co. (U.S), Pepperl+Fuchs GmbH (Germany), and many more.
On the other hand, the Europe market, owing to major AS-Interface manufacturing companies is projected to grow further in the foreseeable years. Market Research Future (MRFR) estimates that Asia Pacific will emerge as the fastest growing region. South Korea is mainly driven by the increasing AS-interface applications in automobiles, shipbuilding, and mining. AS-Interface proves to be cost-effective and smooth installation are some contributing factors towards the growth of the market in this region.
Key Players
The prominent players in the AS-Interface Market are –Pepperl+Fuchs GmbH (Germany), ABB Group (Switzerland), Baumer Electric AG (Switzerland), Emerson Electric Co. (U.S), Bihl+Wiedemann GmbH (Germany), IFM Electronic GmbH (Germany), Siemens AG (Germany), Valmet Corporation (Finland), Schneider Electric S E (France),Phoenix Contact GmbH & Co. Kg (Germany) among others.
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The Global AS-Interface Market Report 2025 is intended in providing the complete overview about the various market measures.
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According to the new market research report "AS-Interface Market by Component (AS-I Slave, AS-I Gateway, AS-I Power Supply, AS-I Cable), Application (Material Handling, Drive Control, Building Automation), Industry, and Geography - Global Forecast to 2023", AS-Interface market is expected to be valued at USD 1,158.5 Million by 2023, growing at a CAGR of 4.3% between 2017 and 2023.
Factors that are driving the growth of the market include the rise of adoption of process automation in the process industry; support from the government for the adoption of industrial automation in various industries; and simple, easy, and fast installation of AS-Interface system with a minimum number of cables.
https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=241006140 Early buyers will receive 10% customization on reports.“AS-i gateway component in AS-Interface market expected to hold the largest market size during the forecast period”AS-i master represents the connection to the controller or to a host fieldbus system.
The master communicates and manages data transfer from the data cable and checks the signals received, sets the parameters, sends commands to the slaves, and monitors the working of the slaves.
“The food & beverage industry expected to hold the largest market size and also expected to grow at the highest rate between 2017 and 2023”The growth of food and industry is recognized by the increasing consumption of food & beverages.
This industry involves application such as material handling and drives control that enhances the growth of the AS-Interface market.”The material handling application is expected to hold the major market share and also grow at the highest rate of the AS-Interface market in 2023”AS-Interface is used in material handling that includes various activities such as loading and transporting the material from one place to another.
Market Overview: The global Actuator Sensor Interface market is expected to grow at USD 1,178.3 million by 2023, at 4.8% of CAGR during the forecast period of 2017 to 2023.
The AS-interface creates a network connecting to various systems in an optimum operating plant, to minimize wastage and valuable resources.
This process includes activities such as processing of water, refining of the impurities, distribution, and storage of water and many others.
There are various benefits of AS-Interface that help propel that market growth as well.
However, the market is bound to grow tremendously as AS-Interface is implemented in many sectors that enhances safety and productivity.
Support from the government for the adoption of industrial automation in various industries also propels the market upward.Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/3820Key Players The prominent players in the AS-Interface Market are –Pepperl+Fuchs GmbH (Germany), ABB Group (Switzerland), Baumer Electric AG (Switzerland), Emerson Electric Co. (U.S), Bihl+Wiedemann GmbH (Germany), IFM Electronic GmbH (Germany), Siemens AG (Germany), Valmet Corporation (Finland), Schneider Electric S E (France),Phoenix Contact GmbH & Co. Kg (Germany) among others.AS-Interface Market – SegmentationThe global AS-Interface market has been segmented on the basis of component, application, Industry, and region.
