Press release
AS-Interface Market 2018: Global Industry Rising Demand With Key Players- Pepperl Fuchs, ABB, Bihl Wiedemann, IFM Electronic, Siemens, Valmet
According to Market Research Future Analysis, Global Actuator Sensor Interface Market has been valued at US $ ~1,178.3 Million by the end of forecast period with ~4.8% of CAGR during forecast period 2017 to 2023.Global AS-Interface Market, By Component (AS-interface Slave, AS-interface Cable, AS-interface Gateway, AS-interface Power Supply), By Applications (Building Automation, Material Handling, Drive Control), By Industry (Automotive, Metal and Mining, Food & Beverages, Chemicals, Paper, Oil & Gas) - Forecast 2023
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Key Players:
Market Research Future (MRFR) recognizes the following companies as the key players in the Actuator Sensor Interface Market: 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.
Market Highlights:
The Actuator Sensor Interface market is growing rapidly. Actuator Sensor Interface market is globally emerging across the world. The Actuator Sensor Interface are experiencing wide growth with the increasing demand from the automotive industry and R&D fields. Furthermore, the Actuator Sensor Interface cable makes the processing flow easy and smooth in conveying lines. The motors and controllers are connected with Actuator Sensor Interface for the effective communication between the devices. The Actuator Sensor Interface is a connection system for the lowest process level in automation systems.
The study indicates that 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. Where, this industry involves application such as material handling and drives control that enhances the growth of the Actuator Sensor Interface market. AS-Interface is a globally standardized fieldbus system.
Commenting on the report, an analyst from Market Research Future (MRFR)’s team said:
By end-user segment, the global Actuator Sensor Interface market on the basis of component, application, Industry, and region. The Actuator Sensor Interface is gaining the popularity in manufacturing industries and automotive applications, which provides huge growth to the market. In addition, technological advancements are expected to provide high opportunities for the market in the coming years.
By Region, MRFR analysis shows that the comprehensive understanding of market dynamics, the global Actuator Sensor Interface market is analyzed across key geographies namely North America, Europe, China, Japan, India and among others. In North America, the Actuator Sensor Interface analyses the market potential for each geographical region based on the growth rate, macroeconomic parameters, and consumer buying patterns, demand and present scenarios in Actuator Sensor Interface industry. Europe followed by North America the market in 2016, the companies is expanding their product and services of Actuator Sensor Interface manufacturing in these region. The Actuator Sensor Interface Market report includes company share analysis for the major companies operating in this market.
For the purpose of this study, the global Actuator Sensor Interface market has been segmented on the basis of product types, alloys used, applications, end -users and region. The report on Actuator Sensor Interface contains detailed analysis with market size of each segment.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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TABLE OF CONTENTS
1 MARKET INTRODUCTION
1.1 INTRODUCTION
1.2 SCOPE OF STUDY
1.2.1 RESEARCH OBJECTIVE
1.2.2 ASSUMPTIONS
1.2.3 LIMITATIONS
1.3 MARKET STRUCTURE:
1.3.1 GLOBAL AS-INTERFACE MARKET: BY COMPONENT
1.3.2 GLOBAL AS-INTERFACE MARKET: BY APPLICATIONS
1.3.3 GLOBAL AS-INTERFACE MARKET: BY INDUSTRY
1.3.4 GLOBAL AS-INTERFACE MARKET: BY REGION
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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