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/pdfdownloadNew.asp?id=699903
Browse 38 Market Data Tables and 47 Figures spread through 128 Pages and in-depth TOC on "AS-Interface Market"
The
major players in the AS-Interface market includes Bihl+Wiedemann GmbH
(Germany), ifm electronic gmbh (Germany), Siemens AG (Germany), Valmet
Corporation (Finland), Pepperl+Fuchs GmbH (Germany), Baumer Electric AG
(Switzerland), ABB Ltd. (Switzerland), Emerson Electric Co. (US),
Phoenix Contact GmbH & Co. KG (Germany), and Schneider Electric SE
(France).
“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. It is responsible for the link connection to the
higher-level control system with other devices enabling the smooth flow
of data and commands given to the slaves. 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. It enables the effective
controlling, monitoring, and execution of the manufacturing process.
“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. The packaged food industry includes baked
goods, convenience food, dairy, and confectionaries, all require regular
manufacturing that uses AS-Interface. AS-Interface cable makes the
processing flow easy and smooth in conveying lines. The motors and
controllers are connected with AS-Interface for the effective
communication between the devices. 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. The
material handling uses AS-Interface in the airport for the baggage
handling. The baggage handling system uses a large number of sensors
that directly contact AS-interface that helps in precisely localizing
the baggage on conveyor belts. The belt conveyors are preferred to
transport bulk material due to their ability to transport a large
variety of materials from point to point.
“The
AS-Interface market in APAC is expected to hold the largest market
share and also grow at the highest rate between 2017 and 2023”
The
APAC region consists most of the developing countries such as India,
China, and South Korea. The AS-Interface market in South Korea is mainly
driven by the increasing applications in automobiles, shipbuilding, and
mining, among others. AS-Interface cable is used in building automation
for various purposes such as fire/smoke dampers, monitoring, and
diagnostics. The existence of multiple infrastructure projects in South
Korea drives the AS-Interface market. The APAC market for AS-Interface
is also supported by various exhibitions and summits such as Industrial
Open-Net Exhibition Japan 2017, CIIF Industrial Automation Show Shanghai
2017, Industrial Network Exhibition Japan (Osaka) 2017 that are
expected to be held for promoting the AS-Interface technologies.
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