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AS-Interface Market by Component, Application, Industry, and Geography - Global Forecast to 2023

AS-Interface Market: Global Forecast until 2023

  • July 2017
  • 130 pages
  • ID: 5006185
In this report:
The China accounted for the largest share of ##.##% of the AS-Interface market in the region of APAC in 2016, and it is expected to grow at a CAGR of ##.##% between 2017 and 2023.
The market for AS-Interface in terms of volume was valued at ##.## million units in 2016 and is expected to reach ##.## million units by 2023, at a CAGR of ##.##% during the forecast period.

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"The AS-Interface market is expected to display significant increase potential between 2017 and 2023"

The AS-Interface market is anticipated to be valued at $1158.50M by 2023, at a compound annual growth rate (CAGR) of 4.30 percent between 2017 and 2023. Key driving factors for the increase ot the AS-Interface market are the increase of adoption of process automation in process market; support from the government for the adoption of industrial automation in different industries; and simple, easy, and quick installation of AS-Interface system with a minimum number of cables. Nevertheless, the declining prices in oil & gas affect the infrastructure-related investments that impact the increase of AS-Interface market is considered to be a main restraint.

"AS-i slave component is anticipated to grow at the maximal compound annual growth rate (CAGR) in the AS-Interface market during the outlook period"

AS-i slave is anticipated to increase at the highest CAGR (Compound annual growth rate) between 2017 and 2023. The AS-i slave devices are used to link to the AS-Interface bus including sensors, actuators, and remote I/O devices. Use of slaves helps to reduce installation and commissioning time by ~40%. AS-Interface slaves are available as digital, analog, and pneumatic modules, and as intelligent nodes, e.g., motor starters, LED columns, single- and double-acting pneumatic cylinders that can be controlled with pneumatic modules.

"Food & beverages industry market intended to grow at the maximal level rate during the estimate period"

The food & beverage market is anticipated to rise at the highest compound annual growth rate (CAGR) between 2017 and 2023. Food & beverages sector faces opportunities overall the manufacturing process including installation costs, safety at work, networking, and connectivity between processing systems and operator's control room. To overcome all these obstacles, AS-Interface is implemented in many industries of the food & beverages market that enhances safety and productivity. It also helps in reducing installation costs, offers flexibility by connecting with PLCs, improve data flow by using AS-Interface cables attached to other devices, and offers constant power supply throughout all the system.

"Material handling application market forecasted to hold the main share of the AS-Interface market"

The material handling application is forecasted to hold the main share of the AS-Interface market in 2023. AS-Interface is used in material handling from planning phase through installation to operational phase. The material handling application implies the conveying lines for operation purpose during the manufacturing process with AS-i cable. It offers low failure rate and forwarding of safe signals to other connected devices including PLCs. AS-i is used in different activities associated to material handling including baggage, packaging, bottle sorting, and laser cutting.

"The AS-Interface market in Asia-Pac forecasted to grow at the highest level rate during the outlook period"

The AS-Interface market in Asia-Pacific is anticipated to grow at the maximal rate between 2017 and 2023. APAC area is forecasted to be the quickest increasing sector for industrial control and factory automation. The rise is due to the technological innovation in the automation market in which AS-Interface system is used for an industrial network solution. Main application markets for the AS interface market in Asia-Pac are automotive, food, packaging, paper, and machine tool sectors. Many markets among these have made investments in automating their production sites in the next years. This has resulted in adoption of AS-Interface in these sectors supporting the increase of the market in APAC area.

Breakdown of the profiles of primary members taking part for the study has been provided below:

• By Company category: Tier 1 = 32.0 percent, Tier 2 = 42.0 percent, and Tier 3 = 26.0 percent

• By Description: C-suite executives = 48.0 percent, Directors = 28.0 percent, and Others = 24.0 percent

• By Area: North America (NA) = 43.0 percent, EU = 15.0 percent, Asia-Pacific = 26.0 percent, and RoW = 16.0 percent

The top players in the AS-Interface market includes Bihl+Wiedemann GmbH, ifm electronic gmbh, Siemens Aktiengesellschaft, Valmet Corporation, Pepperl+Fuchs GmbH, Baumer Electric AG, ABB Ltd., Emerson Electric Co., Phoenix Contact GmbH & Co. KG, and Schneider Electric SE.

Segment Research

The research report examines the AS-Interface established on component, application, sector, and territory. The market has been split on the basis of component into AS-i master/gateway, AS-i slave, AS-i power supply, and AS-i cables. On the basis of application type, the AS-Interface has been categorized into material handling, drive control, building automation, and others. The sector includes food & beverages, paper, oil & gas, automotive, pharmaceuticals, chemicals, metal & mining, and water and wastewater treatment. The analysis includes the market broken down on the basis of four main regions: North America continent, Europe (EU), Asia-Pac, and RoW.

Main highlights

Figures of segmentation, study, and estimate for the sector established on component, application, market, and area have been organized to give an global view of the AS-Interface market.

The value chain study has been utilized to provide a detailed insight into the AS-Interface market.

Main drivers, market restraints, alternatives, and opportunities for the AS-Interface market have been precised in this industry report.

The market research includes an exhaustive competitive analysis together with top players and their revenue.

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