[128 Pages Report] The increasing demand for AS-Interface is due to its major use in process industries for safety purposes. It provides less installation cost, safer transmission of data and power, and is flexible to connect with other devices such as PLCs and DCSs. Key driving factors for the growth of the AS-Interface market are the rise of adoption of process automation in process industry; support from the government for the adoption of industrial automation in various industries; and simple, easy, and fast installation of AS-Interface system with a minimum number of cables.

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The AS-Interface market for was valued at USD 862.1 Million in 2016 and is expected to grow at a CAGR of 4.3% between 2017 and 2023. The base year considered for the study is 2016 and the forecast period is between 2017 and 2023.

The objective of the report is to provide a detailed analysis of the AS-Interface market on the basis of component, application, industry, and geography. The report provides detailed information regarding the major factors influencing the growth of the AS-Interface market. The report also provides a detailed overview of the value chain in the market.

The AS-i gateway/master component is expected to hold the largest market size in 2017. It is the central part of AS-Interface system. It is responsible for the link connection to the higher-level control system. A single master is responsible for handling a large number of slaves. The demand for the AS-i gateway increases owing to its major use in process industries. It helps in monitoring the communication among connected devices and helps in detecting faults. The AS-i slave component is expected to grow at the highest rate between 2017 and 2023. The demand for the AS-i slave increases due to its various applications in process industries. The slave is small in size and can be easily integrated within the sensor and actuator. Various slaves are handled by a single master.

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