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Technavio’s market research analyst predicts the global actuator sensor interface (AS-i) systems market to grow at a CAGR of more than 8% during the forecast period. AS-i is an industrial communication networking solution used in programmable logic controller (PLC), distributed control system (DCS), and PC-based automation systems. AS-i cables are rapidly replacing electrical hard wire cables in the automation industry to connect several I/O field devices such as actuators, proximity switches, process valves, and sensors. It is a standardized bit-oriented Fieldbus, designed for ideal communication between actuators and sensors, and occupies huge preference among automation equipment vendors. The AS-i network offers low-cost remote I/O solution for higher level Fieldbus networks such as DeviceNet, Industrial Ethernet, Interbus, and Profibus and speeds up communication between actuators, controllers, and sensors. The interoperability, flexibility, simplicity and low cost features of the AS-i network makes it preferable among manufacturers in the automation industry, which will be a major driving force for the growth of this market in the coming years.
One of the latest trends that this market is witnessing is the growing inclination towards process automation. Several industries across the globe are adopting Industry 4.0 and IIoT to optimize material flow and detect errors at very early stages of the life cycle of a product. The integration of physical systems and cyber systems in the industrial manufacturing industries results in greater efficiency, predictive maintenance of machines, better safety, and high profitability. Process automation uses communication networks such as Ethernet and Fieldbus technologies such as AS-i that connect PLCs to field I/O devices such as actuators, sensors, switches, and valves, leading to increased productivity at low costs.
The majority of vendors in the AS-i systems market are from the global Fieldbus and Ethernet solutions market. Several vendors from manufacturing industries are joining AS-International Association to gain knowledge and potential benefits of AS-i technology. The operational expertise and high profitability by installing AS-i network has pushed several manufacturing companies to gain insights about the AS-i network. Several vendors in the global AS-i systems market are focusing more on the promotion and development of AS-i networks. With the growing implementation of AS-i networking solutions in the manufacturing industries, the competition in the market will intensify, resulting in an increased number of M&As among vendors for greater market shares.
Leading vendors in the market are -
In 2015, the process automation industry dominated the market and accounted for more than 61% of the total market share. The process manufacturing industry produces a continuous flow of products that cannot be broken down into parts such as food and beverages, chemicals, paper, and oil and gas. This industry demands less basic visibility into the manufacturing process, which necessitates the requirement for a higher degree of process automation for the better monitoring of the manufacturing processes. Many process industries contain hazardous areas where the deployment of Ethernet is complex. This has demanded the use of the AS-i network, which can be used as a partner network to the Ethernet to connect field devices such as actuators, sensors, and switches to controllers.
In terms of geography, EMEA led the global AS-i systems market in 2015 and will continue its dominance during the forecast period, growing at a CAGR of more than 5% by 2020. The increased requirement for plant automation to maximize efficiency and output will drive the demand for AS-i in this region. The companies in Europe are implementing lower-level networking solutions as a partner network for higher-level networking solutions such as Ethernet and Fieldbus, to achieve operation excellence.
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PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market Overview
PART 06: Market landscape
PART 07: Market analysis
PART 08: Market segmentation by product
PART 09: Market segmentation by end-users
PART 10: Geographical segmentation
PART 11: Market drivers
PART 12: Impact of drivers
PART 13: Market challenges
PART 14: Impact of drivers and challenges
PART 15: Market trends
PART 16: Vendor landscape
PART 17: Appendix
PART 18: Explore Technavio
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