What is AS-Interface Market?
AS-Interface is a networking solution which is used in automation systems such as PLC and DCS. It controls actuators and sensors that provides effective and powerful bus system. The actuator sensor interface converts the complex wiring system into the simple one. Additionally, it provides secure connection and detects short circuits. This system can be operated by manufacturers and in a harsh environment. Moreover, the digital and analog terminals can be connected in it. Since there is a high requirement of productivity the network system is becoming more complicated which needs to be simplified which is triggering the market of AS interface.
The market study is being classified by Type ( ), by Application (Building Automation, Material Handling, Drive Control and Others) and major geographies with country level break-up.
Bihl+Wiedemann (Germany), Baumer Electric (Germany), Pepperl+Fuchs (Germany), Siemens (Germany), Valmet (Finland), ABB (Switzerland), Emerson (United States), IFM Electronic (India), Phoenix Contact (Germany) and Schneider (France) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Interface (United Kingdom).
This market of AS interface consists of major players who are focusing on business expansion, agreements, partnerships and acquisition to strengthen the portfolio in the market. Emerging countries are to estimate positive growth due to rapid urbanization, and rising automation over the coming years. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global AS-Interface market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global AS-Interface market by Type, Application and Region.
On the basis of geography, the market of AS-Interface has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Compatibility of AS Interface with Field Busses and PLC
- Rising Need of Safety in Manufacturing Industry is Fueling the Market of AS Interface
Market Trend
- Technological Developments in AS Interface
Restraints
- High Initial Costs Associated with the Installation of AS Interface System
- Fluctuation in Oil Prices can hamper the Market AS Interface
Opportunities
- Rising Automation in Developing Countries
- Government Support for Automation in Multiple Industries
Challenges
- Lack of Awareness about the Benefits of AS Interface
- Stiff Competition among the Consumers Due to the Presence of Major Players
Market Leaders and some development strategies
In September 2019, Siemens has planned to acquire process system enterprise. This acquisition will strengthen the portfolio in the process industry sector.
Key Target Audience
Manufacturers, Raw Material Suppliers, Distributors and Traders, Research Organisations, Government Agencies and Organisations