An AS-Interface functions as an alternative for hard wiring of field devices and is used as a partner network for various networks such as DeviceNet, Profibus, and industrial Ethernet. It is also used to link connection to a higher level controller system with other devices that permit a smooth flow of data. Thus, empowers effective controlling, monitoring, and execution of the manufacturing process, are anticipated to boost the demand for an AS-Interface market.
MARKET DYNAMICS
The growing adoption of process automation in process industry is driving the growth of the AS-Interface market. However, lack of awareness regarding benefits of AS-interface system may restrain the growth of the AS-Interface market. Furthermore, the adoption of Industry 4.0 is anticipated to create market opportunities for the AS-Interface market during the forecast period.
MARKET SCOPE
The "Global AS-Interface Market Analysis to 2028" is a specialized and in-depth study of the AS-Interface market with a special focus on the global market trend analysis. The report aims to provide an overview of AS-Interface market with detailed market segmentation by component, application, end-user industry, and geography. The global AS-Interface market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading AS-Interface market players and offers key trends and opportunities in the AS-Interface market.
MARKET SEGMENTATION
The global AS-Interface market is segmented on the basis of component, application, and end-user industry. On the basis of component, the market is segmented as AS-I Gateway/Master, AS-I Slaves, AS-Interface Power Supply, and AS-I Cables. Based on application the market is fragmented into material handling, drive control, building automation, and others. Similarly, on the basis of end-user industry, the market is segmented as food and beverages, chemicals, paper, oil and gas, water and wastewater treatment, automotive, metal and mining, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global AS-Interface market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The AS-Interface market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting AS-Interface market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the AS-Interface market in these regions.
MARKET PLAYERS
The reports cover key developments in the AS-Interface market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from AS-Interface market are anticipated to lucrative growth opportunities in the future with the rising demand for AS-Interface market. Below mentioned is the list of few companies engaged in the AS-Interface market.
The report also includes the profiles of key AS-Interface market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered financial information of last 3 years, key development in past five years.
- ABB Ltd.
- Baumer Electric AG
- Bihl+Wiedemann GmbH
- Emerson Electric Co.
- IFM Electronic GmbH
- Pepperl+Fuchs GmbH
- Phoenix Contact GmbH & Co. Kg
- Schneider Electric SE
- Siemens AG
- Valmet Corporation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.