According to Stratistics MRC, the Global Signal Conditioning Modules market is accounted for $0.95 billion in 2019 and is expected to reach $1.45 billion by 2027 growing at a CAGR of 5.5% during the forecast period.
Some of the key factors propelling the market growth include increasing need for industrial automation processes, increasing demand for low-cost customizing coupled with isolation, surging investments in infrastructure development, rise in demand from the food & beverage industry, and growing need to comply with government policies and regulations. However, stringent compliances/certifications across various regions are restricting the market growth.
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A signal conditioning module is a device that helps in altering a signal that may be difficult to read by traditional methods or conventional devices into a more straightforward, readable format. The signal conditioning modules are used to manipulate a signal in a way that it generates for the next stage of processing. The signal conditioning module is basically used for filtering, amplification, isolation and range matching, to make the output suitable for processing after conditioning. The commonly used amplifiers in signal conditioning are sample and log amplifiers, peak detectors, instrumentation amplifiers, and hold amplifiers. Signal Conditioning Modules provide signal conditioning on a per-module basis for variant type of sensor or signal. Signal Conditioning modules include multiple applications to meet customer’s specific demand.
By form factor, the deutsche industrie norm (DIN) rail-/rack-mounted modules segment is expected to grow at the significant rate during the forecast period. The DIN rail concept is widely used in the automation industry and can save installation time, as the signal conditioning modules can be mounted onto the metal rail. Module racks can be quickly assembled in linear configurations, which provide high flexibility and density, and save design time. DIN rail-/rack-mounted signal conditioning modules are widely adopted across several industries, as they are a critical part of data acquisition systems. These modules provide signal conversion and isolation for a wide range of process inputs, such as thermocouples, RTDs, frequency, current, resistance, and potentiometers, among others.
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By geography, APAC region is estimated to have considerable market growth during the forecast period, owing to increasing demand for applications such as galvanic isolation of standard signals, measurement of voltages and currents, and interface to the control system or SCADA is projected to boost the growth of the signal conditioning modules market in APAC. The implementation of instrumentation and industrial automation is increasing significantly in APAC due to the rising necessity for increased production rates, high-quality products, and safe industrial operations. Major applications of signal conditioning modules in APAC are in the water & wastewater, energy & power, food & beverage, and paper & pulp industries.
Some of the key players in Signal Conditioning Modules Market include ABB, AMETEK, Inc., Moore Industries, Schneider Electric, Pepperl+Fuchs, Dwyer Instruments, Keysight Technologies, Advantech Co., Ltd., Linear Technology Corporation, Rockwell Automation, Inc., Siemens AG, Phoenix Contact GmbH & Co. KG, Acromag, Inc., Yokogawa Electric Corporation, TE Connectivity Ltd., and Weidmüller Interface GmbH & Co. Kg
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Input Types Covered:
• Frequency Input
• Process Input
• Temperature Input
• Linear Variable Differential Transformer (LVDT)/Rotatory Variable Differential Transformer (RVDT)
Form Factors Covered:
• Standalone/Modular Modules
• Deutsche Industrie Norm (DIN) Rail-/Rack-Mounted Modules
• Process Control
• Data Acquisition
End Users Covered:
• Chemical Processing
• Food & Beverage
• Water & Wastewater
• Aerospace & Defense
• Oil & Gas
• Energy & Power
• Metal & Mining
• Paper & Pulp
• Smart Functions
• Signal Conversion
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements
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