openPR Logo
Press release

Actuator Sensor Interface Market - Global Industry Growth, Trends and Forecast 2016 - 2024

12-11-2017 06:52 AM CET | Associations & Organizations

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Actuator Sensor Interface Market - Global Industry Growth,

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 manufacturing using a single 2-conductor cable.

Download PDF Brochure@ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=18287

Electrical cables are rapidly getting replaced by actuator sensor interface cables in the automation industry and the same is used to connect various I/O field devices, for example sensors, proximity switches, actuators, and process valves. Fieldbus, an industrial computer network protocol, is designed for ideal communication between sensors and actuators, and is greatly preferred by vendors of automation equipment.
The design of a fieldbus ensures smooth communication between actuators and sensors, and thus is highly preferred by automation equipment vendors. Low-cost remote I/O solutions for higher level Fieldbus networks are offered by AS-i. High level fieldbus networks such as Interbus, industrial Ethernet, Profibus, and DeviceNet use these I/O solutions and the communication is speeded up between sensors, controllers, and actuators.

Low cost features, simplicity, interoperability, and flexibility of the AS-i network makes it a preferred option amongst manufacturers in the automation industry across different countries and thus this factor is expected to drive the growing demand for actuator sensor interface or AS-i in the years to come. Impact of these factors is expected to remain consistent during the forecast period.

The market of actuator sensor interface is segmented on the basis of end user. The segment is thus divided into process automation industry and discrete automation industry. The latest trend that the AS-i market is experiencing is increasing inclination toward process automation. Many industries are taking up Internet of Things (IoT) and industry 4.0 to maximize material flow and identify errors at the very initial stages of a product’s life cycle. Greater efficiency, enhanced safety, high profitability, and predictive maintenance of machines are derived from the integration of cyber systems and physical systems in industrial manufacturing.

Communication networks such as Ethernet technologies are used by the process automation sector to improve productivity at low cost. Process automation sector also uses communication networks such as fieldbus technologies (like AS-i) that connects programmable logic controllers (PLC) to field I/O devices like sensors, switches, valves, and actuators, leading to better productivity at quite a low cost. Deployment of Ethernet becomes complex at various hazardous areas of process industries. This leads to the need for AS-i and the same is used as a partner network to the Ethernet to enable connection of various field devices like sensors, switches, controllers, and actuators.

Geographically, the market is segmented into Americas, Asia Pacific (APAC), Europe, and Middle East and Africa (EMEA). EMEA region led the AS-i market in 2015 owing to the increasing requirement of plant automation to optimize output and efficiency. Various European companies are employing low-level networking solutions as network partners for higher-level networking solutions like Fieldbus and Ethernet to obtain operational excellence.

Most of the vendors in the AS-i systems market come from the global Ethernet and Fieldbus solutions market. High profitability and operational expertise that is gained by installing AS-i network has compelled many manufacturing companies to obtain insights about the AS-i network. The market has become highly competitive due to the increasing implementation of AS-i networking solutions in industrial
manufacturing.

Browse Report@ https://www.transparencymarketresearch.com/actuator-sensor-interface-market.html

Some of the key players of the AS-i market are Bihl+Wiedemann (Germany), Baumer (Switzerland), Siemens (Germany), Ifm Electronic (Germany), StoneL (U.S), and Pepperl+Fuchs.

About Us:-

Transparency Market Research (TMR) is a next-generation provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

Contact Us:-

State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
Email: sales@transparencymarketresearch.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 Actuator Sensor Interface Market - Global Industry Growth, Trends and Forecast 2016 - 2024 here

News-ID: 853343 • Views:

More Releases from Transparency Market Research

Cloud Artificial Intelligence (AI) Solutions Market Poised for Exponential Growth, Projected to Reach $254.6 Billion by 2031
Cloud Artificial Intelligence (AI) Solutions Market Poised for Exponential Growt …
The Global Cloud Artificial Intelligence (AI) Solutions Market (클라우드 인공지능(AI) 솔루션 시장) is set for remarkable growth, with projections indicating a leap from $38.1 billion in 2022 to an estimated $254.6 billion by 2031. This represents a robust compound annual growth rate (CAGR) of 24.1% over the forecast period of 2023 to 2031. The rapid expansion of the market reflects the transformative potential of cloud-based AI technologies across diverse industries. Cloud-based
Global Smart Agriculture Market Poised for Significant Growth, Expected to Exceed $39 Billion by 2031: TMR Analysis
Global Smart Agriculture Market Poised for Significant Growth, Expected to Excee …
The Global Smart Agriculture Market (スマート農業市場), valued at approximately US$ 10.02 billion in 2020, is set to experience robust expansion, with an anticipated compound annual growth rate (CAGR) of 13.30% from 2021 to 2031. Market analysts project that the sector will surpass US$ 39.02 billion by the end of the forecast period, driven by advancements in technology and increasing adoption of digital solutions in farming practices. Download Sample PDF from Here-
Real-Time Flood Monitoring & Warning System Market Expected to Grow at 6.2% CAGR, Reaching $359.5 Million by 2031: TMR Analysis
Real-Time Flood Monitoring & Warning System Market Expected to Grow at 6.2% CAGR …
The Global Real-Time Flood Monitoring and Warning System Market (실시간 홍수 모니터링 및 경고 시스템 시장), valued at over USD 184.1 million in 2020, is set to witness substantial growth over the next decade. According to industry analysts, the market is expected to expand at a compound annual growth rate (CAGR) of 6.2% from 2021 to 2031, ultimately surpassing USD 359.5 million by the end of the forecast period. The increasing
Global Asset and Wealth Management Market Set for Explosive Growth, Projected to Reach $11.8 Billion by 2031: TMR Analysis
Global Asset and Wealth Management Market Set for Explosive Growth, Projected to …
The Global Asset and Wealth Management Market (資産および資産管理市場), valued at US$ 3.5 billion in 2021, is projected to expand at a robust CAGR of 13.0% from 2022 to 2031, reaching a market value of US$ 11.8 billion by the end of the forecast period. The asset and wealth management industry is witnessing rapid evolution, spurred by the integration of advanced technologies, regulatory changes, and shifting investor demographics. As technology plays an

All 5 Releases


More Releases for Ethernet

Ethernet Switches Market - Increasing Application of Ethernet In Process Automat …
Switch is a particular device that is used in a computer network for connecting two devices electrically. It is being used to communicate between network devices by plugging in multiple data cables. Switches also helps in the flow of data through a network by transmission of network packet to multiple devices. A specific network address is maintained for identification of network devices connected to a switch helping in the regulation
Power Over Ethernet Market Uses Ethernet Cable Networks to Transmit Power and Da …
Market Scenario: The global Power over Ethernet (PoE) market was valued at USD 446.1 million in 2015. The technology enables the transfer of data with electric signals over the paired ethernet cables to the PoE aided devices. Rising adoption of PoE and increasing energy cost in the commercial sector are anticipated to surge the industry growth over the forecast period. Exponentially growing number of internet users and increasing demand for fast and
Humidity Transmitters with Ethernet Interface
Beside the RS485 interface with Modbus RTU protocol, the EE310 humidity and temperature transmitter and the EE360 moisture in oil transmitter from E+E Elektronik now feature an Ethernet interface with Modbus TCP protocol. The EE310 and EE360 represent the latest generation of industrial transmitters from the Austrian sensor specialist E+E Elektronik. A multi-functional 3.5" TFT colour display provides a comprehensive overview of the measurement task and allows the user to
Ethernet Transceivers Market: Growing Implementation of Ethernet Transceivers In …
Transceiver is a device includes both a transmitter and a receiver that is combined together and share common circuitry or a single housing. Ethernet is a cost effective solution for better and faster connections. Owing to these factors ethernet transceivers is finding its application in different industries. The market has been segmented into by end use industry telecommunication, automotive, healthcare, industrial, consumer electronics, information technology and communication among others. Browse The
Telecom Enterprise Services Market - Major data enterprises services (T-1, NxT-1 …
The telecom industry is witnessing a paradigm shift in the offering of services among mobile service providers. Operators around the globe are exploring new offerings to stay ahead of newcomers and international/foreign telecom service providers. Mobile service providers are incessantly working toward becoming total communications providers. While traditionally, service providers have been focusing on large enterprises, small and medium enterprises (SMEs) are now emerging as a key focus area for
IOP Tester for Ethernet ECUs
RUETZ SYSTEM SOLUTIONS Tests ECUs for Interoperability RUETZ SYSTEM SOLUTIONS – experts for automotive data communications - provides an interoperability test platform for Automotive Ethernet. This IOP tester operates within the framework of compliance tests for Automotive Ethernet. The test platform constitutes a component of the test set-up for Open Alliance Layer 1 interoperability tests for ECUs. The IOP tester allows the verification of ECUs for interoperability with other ECUs