Press release
AS Interface Market Growth with Worldwide Industry Analysis to 2025
The master with gate-way function controls the system and initiates data exchange, manages communication with the slaves, with each slave having a unique address and informs the PLC, making it a deterministic networking solution.AS Interface is a time and money saving networking solution which connects all sensors and actuators, with simple handling process, low maintenance and installation effort. It is majorly used in automation applications, packaging machines, conveyor control, elevators and production lines in industries.
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AS Interface Market: Drivers and Restraints
Rise in adoption of process automation and safety standards in process industry, simple and quick installation of AS-Interface system with a minimum number of cables, safer transmission of data and power compared to wired devices and support from the government for the adoption of industrial automation in various industries are some factors driving the growth of AS Interface market.However, factors such as impact on infrastructure related investments due to declining prices of oil and gas restrain the growth of AS Interface Market.
AS Interface Market: Segmentation
AS Interface market can be segmented on the basis of components, application, industry vertical and region wise. On the basis of components it can be sub-segmented into AS-i Master/Gateway, AS-i Power Supply, AS-i Cable and As-i Slave. On the basis of application AS Interface market is further segmented into Material Handling, Building Automation, Drive Control and Others. On the basis of industry vertical it can be categorized into Chemicals, Oil & Gas, Automotive, Food and Beverages, Metal and Mining, and Others. Region wise global AS Interface market can be segmented into North America, Europe, Asia-Pacific, Middle East and Africa and Latin America.
AS Interface Market: Regional Overview
North America is expected to hold a significant market share of AS Interface market in the near future due to rise in industrial automation. Asia-Pacific region is expected to hold highest market share of AS Interface market due to increasing applications of AS-Interface in automobiles, shipbuilding, metal mining and others, followed by Europe region due to presence of industries such as electronics, pharmaceuticals, chemicals and automobile. Middle East and Latin America AS Interface market is growing at a considerable pace due to growing awareness of industrial automation in this region.
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AS Interface Market: Competition Landscape
Key Partnerships
In January 2017, Valmet entered into a strategic partnership with Consulta Enterprises in India for power and process industry automation. Valmet's role in the partnership is to supply its automation solutions while Consulta will covers sales to end users, particularly regarding the Valmet DNA automation system, as well as engineering and field services.
Key Players
Bihl+Wiedemann GmbH, Pepperl+Fuchs GmbH, Siemens AG, ABB Group, Emerson Electric Co., IFM Electronic GmbH, Valmet Corporation, Schneider Electric S E, PHOENIX CONTACT are some of the key players in AS Interface Market.
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