AS-Interface Market

AS-Interface Market Outlook (2022 to 2032)

The global AS-interface market size is projected to reach USD 2.5 billion by 2032. It is estimated to exhibit a CAGR of 6.5% from 2022 to 2032. In 2022, the market stood at a valuation of around USD 1.1 billion.

According to industry analysis, evolving market trends are driving the rising need for actuator sensor (AS) interface across several applications. These include warehouse management and building robotics. These trends are anticipated to support both industry and market growth during the foreseeable period.

Actuator sensor interface connections are quickly displacing electric cables in the automation sector. Connecting numerous I/O (input/output) field devices requires the usage of actuator sensor interface cables. A few of these commonly used devices are gauges, vicinity valves, actuators, and process valves.

Automation equipment vendors strongly prefer area bridges. It is an industrial computer system protocol that is built for perfect interaction between actuators and sensors. This is so that actuators and sensors might communicate effectively thanks to a field bus's design.

High electric field bus networks can use the cost-effective remote I/O technologies provided by AS-interface. These I/O solutions are used by high-level field bus networks such as Device Net, industrial Ethernet, Interbus, and Profibus. They also help to expedite information between sensors, controllers, and actuators.

Manufacturers working in the automation industry around the world use AS-interface networks. This is attributed to its ease of use, compatibility, versatility, and high efficiency.

The most recent development in the global market is a growing propensity toward process automation to maximize output and efficiency. Numerous sectors are implementing industry 4.0 and the internet of things (IoT) to improve material flow and spot mistakes early in a product's life cycle.

It is projected that the market would rise due to the ease, speed, and minimal amount of cables required for AS-interface system installation. Widespread use of AS-interface for workplace safety and quick expansion of automation processes are projected to have a beneficial impact on the market.

The government's increased support for acceptance of factory automation across various industries is also anticipated to contribute to high consumption. It would further help to increase the development of AS-interface products. These can identify the minimum value of a computer control infrastructure and ensure safe data transfer & electricity when compared to wired devices.

Attributes	Key Insights
AS-Interface Market Estimated Size (2022E)	USD 1.1 billion
Projected Market Valuation (2032F)	USD 2.5 billion
Value-based CAGR (2022 to 2032)	6.5%
USA Value-based CAGR (2022 to 2032)	5.3%

How Will Sales of AS-Interface between 2017 and 2021 Outpace Demand from 2022 to 2032?

A new report by Future Market Insights (FMI) mentions that the global AS-interface market share was considerable in the last five years. The market exhibited a CAGR of about 4.0% from 2017 to 2021. It is projected to witness 6.5% CAGR in the evaluation period.

The automotive sector has been at the forefront of incorporating AS-interface technology in recent years. The market is expanding as a result of the process industry's increasing use of process automation.

Necessity to adopt safety instrument systems is driven by the need for safety in the industrial production and automation sectors. As a result, demand for traditional wired equipment systems and AS-interface systems are closely tied.

Top AS-Interface Market Trends Listed by Future Market Insights (FMI)

• Increasing need for automation and rising safety requirements are projected to drive AS-interface demand by 2032.
• Due to rising demand for automation across several sectors, there is a high need for AS-interface devices and solutions worldwide.
• To link sensors and actuators to a control system, AS-interface offers a quick and affordable solution.
• The linking process is necessary for automation, and hence it can lead to increasing demand for AS-interface solutions.
• Industry 4.0 and the industrial internet of things (IIoT) are constantly promoting adoption of automation and digitalization in several industries.
• Both of them use AS-interface as a crucial technology.
• With the help of AS-interface, sensors and actuators are integrated with high-level control systems.
• It further simplifies the collection and analysis of data necessary for better decision-making.
• Due to its low cost and ease of use, AS-interface is a popular technology among small and medium-sized businesses (SMEs).
• It doesn't require expensive renovations or replacements.
• It can be simply integrated with current control systems.
• In sectors with strict safety regulations such as the food and automobile industries, AS-interface technology has gained popularity.
• By making it possible to monitor sensors and actuators in real-time, AS-interface assists in raising safety levels by lowering the likelihood of accidents.
• It also helps in verifying that the equipment is operating properly.

Which are the Factors Restraining AS-Interface Demand Worldwide?

• Limited range of communication and lack of standardization are two important factors that might hamper demand.
• Lack of knowledge among users about the advantages of utilizing AS-interface technology is another primary reason impeding growth.
• Technology's adoption is still constrained by the fact that numerous end users are unfamiliar with it.
• Restricted number of applications that can be employed for this technology is another reason that is hindering growth.
• Its limited popularity in more sophisticated and high-speed applications stems from the fact that AS-interface is often employed in basic and low-speed applications.
• Several communication technologies that offer comparable functionality and capabilities to AS-interface, such as Ethernet, Profinet, and DeviceNet, are a threat to the industry.
• In particular, in areas where other technologies are more established, this rivalry prevents AS-interface technology from being widely used.
• Usage of AS-interface technology is also constrained by a few technical restrictions, including bandwidth and cable length issues.
• For certain customers, price of AS-interface technology makes it difficult for them to embrace it.
• Although the technology itself is not expensive, adding it to a system calls for more hardware and software, which raises cost of the system as a whole.
• Adoption of AS-interface technology is hence constrained by the cost factor.
• It might occur in situations where other communication technologies are more cost-effective.

Which Region would Create Significant Opportunities for AS-Interface Solution Providers?

Europe to Witness High Demand for AS-Interface Gateways by 2032

Europe is set to have a significant AS-interface market size throughout the projection period. Growing need for AS-interface in the automotive sector has led to expansion of the regional market.

The region is projected to exhibit a CAGR of 40.2% in the next ten years. Pepperl+Fuchs GmbH is one of the leading companies in the field of AS-interface in Europe.

Country-wise Insights

Why is the USA Showcasing High Demand for AS-Interface Solutions?

Launch of New AS-Interface Control Tools in the USA to Push Demand

The USA AS-interface market is expected to be worth USD 417.3 million by 2032. It is projected to create an absolute dollar growth of USD 169.5 million in the assessment period.

The USA showcased growth at a CAGR of 2.6% from 2017 to 2021. It is expected to broaden at a CAGR of 5.3% from 2022 to 2032.

In October 2022, the New ASi-3 gateway was introduced by Pepperl+Fuchs. With parallel cloud connectivity made possible by Pepperl+Fuchs' new ASi-3 gateway, more process transparency is possible.

IoT apps and PLC communication can be implemented concurrently using the REST API interface. Both PROFINET and EtherNet/IP are supported by the multiprotocol AS-interface 3 gateway.

Would the United Kingdom Exhibit Increasing Sales of AS-Interface Products?

Introduction to Novel Functionalities by United Kingdom-based Firms to Drive AS-Interface Cable Sales

The United Kingdom AS-interface market is set to be worth USD 152.5 million by 2032. It is expected to create an absolute dollar opportunity of USD 64.5 million in the forecast period.

The United Kingdom witnessed growth at a CAGR of 2.9% from 2017 to 2021. It is estimated to escalate at a CAGR of 5.7% from 2022 to 2032.

In 2020, Turuck Banner, a United Kingdom-based firm, introduced new IIot functions in RFID. It unveiled these functions for interfaces with OPC UA Server.

The HF bus mode enables a connection of up to 32 HF read/write devices to each unique RFID input. It is supported by Turck's TBEN-L5-4RFID-8DXP-OPC-UA as the first RFID module with an integrated OPC UA server by using a firmware upgrade.

Is China a Leading Hub for AS-Interface Solution Providers?

Increasing Adoption of Industry 4.0 in China would Fuel Actuator Sensor Interface Demand

China AS-interface industry is set to surpass USD 177.6 million by 2032. It is estimated to create an incremental opportunity of USD 91.1 million in the assessment period.

China showcased growth at a CAGR of 5.5% from 2017 to 2021. It is projected to elevate at a CAGR of 7.5% from 2022 to 2032.

In the next ten years, China is anticipated to expand rapidly propelled by escalating industrial automation and the uptake of industry 4.0. Surging demand for smart factories would also propel sales. The government's support for expansion of the manufacturing industry and growing emphasis on innovation & technology are anticipated to fuel market expansion.

Category-wise Insights

Which is the Highly Preferred Component of AS-Interface Worldwide?

AS-I Gateway/Master Protocol to Exhibit Surging Demand Globally by 2032

The AS-I gateway/master segment by component is projected to witness a significant growth rate by 2032. It has numerous applications in the automotive, as well as oil & gas sectors.

AS-I gateway's predominant application in process industries is one of the factors contributing to its rising demand. It is capable of monitoring communication of linked devices. It also provides assistance in identifying errors.

As per Future Market Insights (FMI), the AS-I gateway/master segment exhibited around 3.9% CAGR from 2017 to 2021. It is likely to expand at about 6.3% CAGR from 2022 to 2032.

Which is the Dominant Application of AS-Interface Solutions?

Drive Control Application to Create Exponential Demand for ASI Networks

Based on application, the drive control segment is estimated to lead the global market in the forecast period. Expansion of the automotive industry can be associated with its increasing need.

CAGR for the drive control segment was around 3.8% from 2017 to 2021. It is likely to surge at 6.1% CAGR from 2022 to 2032.

The AS-interface motor module aids in driving solutions and helps to cut costs & time during installation, commissioning, and maintenance. To regulate the motion during manufacturing process, the AS-interface DC 24 V motors and related sensors are directly linked to AS-interface.

Competitive Landscape

Leading AS-interface solution providers are focusing on differentiating themselves by offering excellent customer support and service. This can help increase customer satisfaction and loyalty. It can further lead to repeat business and positive word-of-mouth recommendations.

A few small-scale AS-interface solution providers might invest in marketing and advertising to increase brand awareness & attract new customers. It would include online advertising, trade shows, print media, or other channels.

A few recent developments in the AS-interface market are:

• In August 2022, Phoenix Contact introduced new fillers for modular ICS housings. The new fillers are suitable for use in ICS 20, 25, and 50 housings. Due to high flexibility of the system and connecting technology, the ICS housing system is employed in a variety of ways. Assembly of printed circuit boards is mounted quickly and simply using push-in technology with the help of stable guide rails. A web-based configurator also allows for customization of the housings' style, hues, and printing. The deep fillers allow mounting to be done quickly and affordably.
• In December 2021, Input modules with safe and non-safe signals were launched by ASi-5 Safety of Bihl+Wiedemann. All prior ASi gadgets and parts are compatible with ASi-5 Safety. It is very simple to incorporate into current programs. Several safe and non-safe signals can be utilized under a single address with the help of ASi-5 Safety. Cost of the ASi-5 Safety module, which has two safe inputs, is comparable to that of ASi-5 modules with only normal I/Os.

Scope of the Report

Attribute	Details
Estimated Market Size (2022)	USD 1.1 billion
Projected Market Valuation (2032)	USD 2.5 billion
Value-based CAGR (2022 to 2032)	6.5%
Forecast Period	2022 to 2032
Historical Data Available for	2017 to 2021
Market Analysis	Value (USD billion)
Key Regions Covered	North America; Latin America; Europe; East Asia; South Asia; Oceania; Middle East and Africa
Key Countries Covered	USA, United Kingdom, Germany, France, Spain, Italy, Japan, China, Singapore, Malaysia, Sri Lanka, Kingdom of Saudi Arabia, United Arab Emirates, South Korea, Finland, Hungary, Rest of the World
Key Segments Covered	Component, Application, Region
Key Companies Profiled	Bihl+Wiedemann GmbH; Baumer Electric AG; Pepperl+Fuchs GmbH; Siemens AG; Valmet Corporation; ABB Ltd.; Emerson Electric; IFM Electronic GmbH; Phoenix Contact GmbH and Co. Kg; Schneider Electric SE
Report Coverage	Market Forecast, Company Share Analysis, Competition Intelligence, Market Dynamics and Challenges, and Strategic Growth Initiatives

Table of Content

• 1. Executive Summary | AS-Interface Market
• 2. Market Overview
• 3. Market Background
• 4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032
• 5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Component
  • 5.1. AS-I Gateway/Master
  • 5.2. AS-I Power Supply
  • 5.3. AS-I Slave
  • 5.4. AS-I Cable
• 6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Application
  • 6.1. Material Handling
  • 6.2. Drive Control
  • 6.3. Building Automation
  • 6.4. Others
• 7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region
  • 7.1. North America
  • 7.2. Latin America
  • 7.3. Europe
  • 7.4. Asia Pacific
  • 7.5. Middle East and Africa
• 8. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
• 9. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
• 10. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
• 11. Asia Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
• 12. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
• 13. Key Countries Market Analysis
• 14. Market Structure Analysis
• 15. Competition Analysis
  • 15.1. Bihl+Wiedemann GmbH
  • 15.2. Baumer Electric AG
  • 15.3. Pepperl+Fuchs GmbH
  • 15.4. Siemens AG
  • 15.5. Valmet Corporation
  • 15.6. ABB Ltd.
  • 15.7. Emerson Electric Co.
  • 15.8. IFM Electronic GmbH
  • 15.9. Phoenix Contact GmbH & Co. Kg
  • 15.10. Schneider Electric SE
• 16. Assumptions & Acronyms Used
• 17. Research Methodology