AS-Interface Market Growth Segments by Opportunities, Future Demand Status and Business Advancement plans till 2030

Global AS-Interface Market is valued approximately at USD 698.45 billion in 2018 and is anticipated to grow with a growth rate of more than 4.3% over the forecast period 2019-2026. AS- Interface is basically an Actuator Sensor Interface which is a bus system that connects all sensors and actuators on the lowest field level with extreme control, ease and safety. The advantage of this interface is that it is cost effective in establishing network and support easy engineering. Further, the demand of innovative and efficient process automation in process industry and quick installation of AS interface by using minimum number of cables is eventually growing day by day.

Also, there are expectations of industrial revolution to generate opportunities in several automotive industries based on such applications and increasing adoption of safety at work of is fuel the demand of AS-Interface system. However, the AS-Interface Market faces a major restraint with the decline and fluctuation in the price rates of oil and gas which affect the infrastructure investment. Further, the major challenge for AS-Interface Market is lack of awareness regarding the benefits of AS-Interface system across the globe.

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In the statistics by Eurostat, the total value of the ICT sector including manufacturing and services of ICT in Europe, was estimated to be more than EUR 475 billion in the year 2017. Out of these, the ICT services sector accounted for the largest share. Moreover, the ICT services sector is predicted to be ten times larger than that of ICT manufacturing. On the other hand, the ICT services consist of computer programming, consultancy and related activities, along with telecommunication activities, out of which the former held about 49.1% share while the latter held around 30.3% share in the year 2017. These factors are estimated to impact positively towards the growth of the market in the next few years. According to the statistics by GSMA Intelligence, total cellular connections worldwide as of May 2020 was recorded to 10,18 billion.

As per the Eurostat, the total value of the ICT sector in Europe, including the ICT manufacturing and ICT services, was estimated to be more than EUR 475 billion in 2017. In this sector, the ICT services account for the major share as it is predicted to be ten times larger than the share held by ICT manufacturing. ICT services consist of computer programming, consultancy and related activities which held about 49.1% share while the telecommunications activities held around 30.3% share in the segment in 2017. These factors are estimated to impact the market growth in a positive manner in the next few years.

The regional analysis of AS-Interface Market is considered for the key regions such as Asia Pacific, North America, Europe and Rest of the World. Asia-Pacific is the leading/significant region across the world in terms of market share owing to increasing AS-Interface Market. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026 as it helps in monitoring the communication among connected devices and helps in detecting faults. Factors such as support of government and growing communication, automation and process industry infrastructure, would create lucrative growth prospects for the AS-Interface Market across Asia-Pacific region and another region.

Major market player included in this report are:
Bihl+Wiedemann GmbH
Baumer Electric AG
Pepperl+Fuchs GmbH
Siemens AG
Valmet Corporation
ABB Ltd.
Emerson Electric Co.
IFM Electronic GmbH
Phoenix Contact GmbH & Co. Kg
Schneider Electric SE Ericsson

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Components:
AS-I Gateway/Master
AS-I Slaves
AS-Interface Power Supply
AS-I Cables

By Application:
Material Handling
*Use of AS-Interface in Airport for Baggage Handling
*Bottle Sorting with the Help of AS-Interface
*Laser Cutting
Drive Control
*AS-Interface Module Controls Dc Motors in Conveyor Application
Building Automation
*Role of AS-Interface in Fire and Smoke Damper

By Industry:
Food & Beverages
*AS-Interface Safety at Work (Asisafe) Increases the Safety in Food Industry Plants
Oil & Gas
Water and Wastewater Treatment
*Use of AS-Interface in Reverse Osmosis as A Water Treatment
*AS-Interface Used in Biopharmaceuticals Industry
*AS-Interface in Wheel Assembly Application
Metal & Mining

By Region:
North America
Asia Pacific
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026

Target Audience of the AS-Interface Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

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Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2017-2026 (USD Billion)
1.2.1. AS-Interface Market, by Region, 2017-2026 (USD Billion)
1.2.2. AS-Interface Market, by Component,2017-2026 (USD Billion)
1.2.3. AS-Interface Market, by Application, 2017-2026 (USD Billion)
1.2.4. AS-Interface Market, by Industry, 2017-2026 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global AS-Interface Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global AS-Interface Market Dynamics
3.1. AS-Interface Market Impact Analysis (2018-2026)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global AS-Interface Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2016-2026)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global AS-Interface Market, By Component
5.1. Market Snapshot
5.2. Global AS-Interface Market by Component , Performance – Potential Analysis
5.3. Global AS-Interface Market Estimates & Forecasts by Component 2016-2026 (USD Billion)
5.4. AS-Interface Market, Sub Segment Analysis
5.4.1. AS-I Gateway/Master
5.4.2. AS-I Slaves Slaves Addressing
5.4.3. AS-Interface Power Supply
5.4.4. AS-I Cables

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