Press release
AS-Interface Market 2018 Global Industry Analysis By Size, Share, Opportunities, Growth, Emerging Technologies, And Regional Forecast To 2023
The study reveals that the Actuator Sensor Interface is trending in North America region. The global Actuator Sensor Interface market is expected to witness a high growth in the coming years. Moreover, Actuator Sensor Interface is optimized for connecting binary and analog sensors and actuators. The AS- interface cable is used for both for data exchange between the actuators and AS- interface master as well as for power supply to the actuators.
Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/3820
The study indicates that the Actuator Sensor Interface is simple and is cost-effective as well as it has simple installation with the penetration technique with high flexibility with tree-like wiring. While considering the segment, the packaged food industry includes dairy, confectionaries baked goods, and convenience food, all require regular manufacturing that uses AS-Interface. Whereas, AS-Interface cable, the processing flow are 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 propel the growth of the AS-Interface market.
The Actuator Sensor Interface Market is growing rapidly over 4.8% of CAGR and is expected to reach at USD $~1,178.3 Million by the end of forecast period.
Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “The Actuator Sensor Interface Market Research Report -Forecast to 2023”.
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.
Market Segmentation:
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.
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.
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.
Browse Full Report Details @ https://www.marketresearchfuture.com/reports/actuator-sensor-interface-market-3820
Competitive Analysis:
The prominent players in the AS-Interface Market are ABB Group (Switzerland), Baumer Electric AG (Switzerland), Pepperl+Fuchs GmbH (Germany), Emerson Electric Co. (U.S), and many more.
Emerson Electric Company recently announced the release of Copeland Scroll ZF54K5 compressor which will help facility operators reduce costs and also boost energy efficiency. This move will further strengthen the global position of Emerson in the market and will benefit from global infrastructure growth. The company already holds a dominant position in the market related to energy efficiency and infrastructure spending.
ABB Group, Switzerland has solidified its presence in Chongqing and support the development of the robotics industry in China, by setting up a new robotics application center in Chongqing Liangjiang New Area. This move aims to integrate resources in Southwest China by providing robots, application, system integration and related customer service.
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.
Browse Report PR @ https://www.marketresearchfuture.com/press-release/as-interface-market
Intended Audience:
Raw material providers
Automation consultants
Automation instrument distributors and developers
Automation solution developers
Industrial automation solution companies
Process and discrete industries
Research organizations and consulting companies
AS-Interface manufacturers
Component suppliers
Semiconductor product designers and fabricators
Research institutes and organizations
Technology standards organizations
Technology investors
Research institutes,
System Integrators
Research/Consultancy firms
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.
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release AS-Interface Market 2018 Global Industry Analysis By Size, Share, Opportunities, Growth, Emerging Technologies, And Regional Forecast To 2023 here
News-ID: 1420405 • Views: …
More Releases from Market Research Future
Hydrofluoric Acid Market (CAGR) of 4%, Innovation Imperative Future Proofing You …
Hydrofluoric acid (HF) is a crucial chemical compound with a wide range of applications across various industries. Despite its hazardous nature, it plays an essential role in manufacturing processes, especially in the production of fluorine compounds. The global hydrofluoric acid market has been witnessing steady growth, driven by demand from end-user industries such as oil refining, pharmaceuticals, and electronics.
The Hydrodesulfurization Catalysts Market is projected to register a CAGR of over…
Palm Methyl Ester Derivative Market Size Projected to Grow at 5.92% CAGR, Reachi …
In recent years, the global market for palm methyl ester derivatives has witnessed significant growth, driven by various factors including environmental concerns, technological advancements, and the increasing demand for sustainable alternatives in various industries. Palm methyl ester derivatives, derived from palm oil, have emerged as versatile ingredients with applications spanning across sectors such as cosmetics, pharmaceuticals, lubricants, and more.
The Palm Methyl Ester Derivative Market Size was valued at USD 1.5…
Asia-Pacific Ceramic Tiles Market to Register Highest CAGR Growth of 7.50% by 20 …
The Asia-Pacific ceramic tiles market has been witnessing robust growth, driven by various factors such as increasing investments in residential and commercial construction, renovation activities, and the growing preference for aesthetically pleasing and durable flooring solutions. Countries like China, India, Japan, and South Korea have been leading the market growth, supported by strong manufacturing capabilities, technological advancements, and evolving consumer preferences.
Asia-Pacific Ceramic Tiles Market Size was valued at USD 141.2…
APAC Wallpaper Market to Register Highest CAGR Growth of 8% by 2032: Analysis by …
The APAC wallpaper market has witnessed significant growth in recent years, driven by factors such as rising disposable incomes, expanding construction activities, and growing awareness regarding interior decor. Countries like China, India, Japan, South Korea, and Australia have emerged as key contributors to the region's wallpaper market. Additionally, the increasing adoption of innovative wallpaper designs and patterns is fueling market growth further.
APAC Wallpaper Market Size was valued at USD 0.55…
More Releases for Interface
Human Machine Interface (HMI) Market - The Growing Adoption of Human Machine Int …
A research report by Transparency Market Research (TMR) finds that the worldwide human machine interface (HMI) market is encountering a high level of rivalry between the core players, in particular, Siemens AG, Rockwell Automation Inc Eaton Corp., ABB Ltd.,., and Schneider Electric SE, because of the expanding market solidification. These players held about 45% of the general market in 2015.Over the expected years, they are foreseen to concentrate forcefully on…
Actuator Sensor Interface Market: Growing Demand For Actuator Sensor Interface
An industrial networking solution (protocol, data access method and physical layer) that is used in a distributed control system (DCS), programmable logic controller (PLC), and PC-based automation system is called an actuator sensor interface or AS-i. An AS-i is designed to connect field input/output (I/O) devices (for instance ON/OFF devices such as rotary encoders, sensors, push buttons, valve position sensors, and analog inputs and outputs) in process applications and discrete…
Actuator Sensor Interface (AS-Interface) - Emerging Markets in Developing Countr …
Qyresearchreports include new market research report Actuator Sensor Interface (AS-Interface) to its huge collection of research reports.
This report on the global Actuator Sensor Interface (AS-Interface) market has been developed by a selected group of professional market research analysts, with a solitary goal to present the current scenario of the market and throw light on its growth prospects. The report targets audiences such as manufacturers of Actuator Sensor Interface (AS-Interface), government…
Actuator Sensor Interface (AS-Interface) Market Expand Their Businesses with New …
Qyresearchreports include new market research report Actuator Sensor Interface (AS-Interface) to its huge collection of research reports.
This report on global Actuator Sensor Interface (AS-Interface) market is a comprehensive assessment of the current scenario, and has been developed to act as a reliable commerce and business tool for its targeted audiences. The report includes historical data, and presents a figurative forecast of the future scenario of the market. It does so…
Actuator Sensor Interface (AS-Interface) Sales Market Sees Promising Growth in 2 …
Qyresearchreports include new market research report Global Actuator Sensor Interface (AS-Interface) Sales Market Report 2017 to its huge collection of research reports.
This research study on the global Actuator Sensor Interface (AS-Interface) market has been accumulated by market experts, based on a detailed and unbiased assessment of this market, considering its segmentation and the important market verticals. An in-depth assessment of the industrial chain, supporting this market has been presented in…
Global Actuator Sensor Interface (AS-Interface) Market Forecast 2022
A report added by Big Market Research, titled, “Global Actuator Sensor Interface Market Research Report” highlights status and outlook of geographical boundaries of the industry. It provides a detailed analysis of factors that are capable to drive or inhibit growth of the market.
View Complete Report: https://www.bigmarketresearch.com/global-actuator-sensor-interface-as-interface-size-status-and-forecast-2022-market
The research offers introduction of the Global Actuator Sensor Interface market in terms of its scope. It incorporates research methodology to analyze competitive spirit among…
