Signal Conditioning Modules Market
Signal Conditioning Modules Market -By Form Factor , By Input Type , By Application , By End-User Industry & Global Region - Market Size, Trends, Share & Forecast 2020-2025Request Sample Request Discount
Signal conditioning modules are basically devices that sort of manipulate signals for transmission between field devices and analog-to-digital converters (ADCs) in data acquisition systems. This includes voltage or current limiting and anti-aliasing filtering.
The SCMs are said to isolate, attenuate, and amplify the signals in order to meet the data acquisition system's requirements. In other words, SCMs help in changing signals that may be challenging to read by traditional systems into a more comprehensible, readable format and in a way that it gets generated for the next stage of processing. As these modules are used with almost all field devices, the most prominent related markets for SCMs include the data acquisition systems market and the ADCs market.
The global signal conditioning modules market is expected to bolster growth at a thriving CAGR in the coming years.
The growth of the market is attributed towards major pertaining factors which include; the increasing need for industrial automation processes on the global level, the worldwide surging investments in infrastructural developments, growing need to comply with government policies and regulations in this domain, emergence of industrialization 4.0 and the massively growing shift from traditional data acquisition systems to PC-based systems etc.
Moreover, industrial automation is gaining tremendous growth in nations such as India, Brazil, and Mexico, as it offers high productivity, high flexibility, high safety, and high information accuracy. With that said, increasing investments in the automation sector, rising capital and R&D investments and implementation of automation solutions coupled with growing modernization of existing facilities, and rising demand for the conditioning of sensor input signals for accurate and precise measurement are creating ample demand scope for the signal conditioning modules market in various industries such as the chemicals processing, and energy & power among others.
Furthermore, precise and high-quality signal conditioners are said to increase industry efficiency with more accurate signal measurements and improved plant safety. Stronger distribution channels, the rise in demand for signal conditioning modules from various end-user industries, including water & wastewater and food & beverage, their capability of eliminating ground loops which leads to reduction in signal fluctuations are also expected to extract monumental growth for this market.
However, time-intensive installation and configuration, increased competition, rising R&D investments leading to manufacturers decline in operational profits are a few factors which are hampering the growth of this market. Additionally, supply chain disruptions due to prevalence of lockdowns around the globe due to COVID-19 have severely impacted this market.
SIGNAL CONDITIONING MODULES MARKET SEGMENTATION:
By Form Factor:
- DIN rail-/rack-mounted modules
- Standalone/modular modules
By Input Type:
- Temperature input
- Process input
- Frequency input
- Data acquisition
- Process control
By End-User Industry:
- Oil & Gas
- Energy & Power
- Chemical Processing
- Food & Beverage
- Metal & Mining
- Paper & Pulp
- Water & Wastewater
- Aerospace & Defense
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
The Asia-Pacific region is the fastest growing regional market for SCMs owing to factors such as high economic growth and rising demand for energy and oil & gas, increasing demand for applications such as galvanic isolation of standard signals, measurement of voltages and currents, and interface to the control system or SCADA, implementation of instrumentation and industrial automation due to the rising necessity for increased production rates, high-quality products, and safe industrial operations etc. The major contributors in the region include India, China and Japan.
The North America and Latin America regions are anticipated to hold significant shares and are to grow at a substantial rate in the next few years in this market. This can be attributed to the increasing investments in research and developments in Central and South America, the flourishing growth in the industrial sector and in industrial automation in the region among other factors that may exist.
FEW KEY PLAYERS IN SIGNAL CONDITIONING MODULES MARKET:
- Rockwell Automation Inc.
- Phoenix Contact Co.
- Dataforth Corporation
- Dewetron GmbH
- Red Lion Controls Inc.
- Weidmüller Interface Gmbh & Co.
- National Instruments
- Analog Devices
- Dwyer Instruments Inc.
- Eaton - MTL Group
- Electro-Sensors Inc.
- Hottinger Baldwin Messtechnik GmbH
- ICP Das Co., Ltd.
- Schneider Electric
- Yokogawa Electric Corporation
- TE Connectivity Ltd.
- Advantech Co. Ltd.
- ABB Ltd.
- Acromag Inc.
- Ametek Inc.
- Keysight Technologies Inc.
- KG PR Electronics
- Linear Technology
- Other Players
- In March 2020, RS Components introduced a low-cost, next-generation data-acquisition system that offers the ability to quickly and dynamically sample more signals simultaneously. Manufactured by Keysight Technologies, the company re-used its measurement engine from its high-end test and measurement equipment inside the DAQ973A to deliver proven measurement performance, modular flexibility and universal inputs with built-in signal conditioning.
- In October 2020, APITech, a leading provider of high-performance RF and microwave signal conditioning, and electromagnetic spectrum management solutions, announced the appointment of David Swift as Director of Wireless & Telecommunications Market Sales.
Timeline Considered for Analysis:
- 2019: Base Year
- 2020 to 2025: Forecast Period
Research Scope and Deliverables
Overview & Executive Summary
Market Drivers, Trends, Challenges and Opportunities
Market Size and Forecast Projections
Macroeconomic Indicators of Various Countries Impacting the Growth of the Market
Extensive Coverage of Industry Players including Recent Product Launches and Market Activities
Porter’s Five Force Analysis
Market Segmentation Analysis:
Industry report analyzes the global signal conditioning modules market by the following segments:
- Form Factor
- Input Type
- End-User Industry
Customization: We also offers customization’s in the industry report as per the company’s specific needs.
Key Questions Answered in the Global Signal Conditioning Modules Industry Report
- What is the overall market size in 2019? What will be the market growth during the forecast period i.e. 2020-2025?
- Which region would have high demand for product in the upcoming years?
- What are the factors driving the growth of the market?
- Which sub-market will make the most significant contribution to the market?
- What are the market opportunities for existing and entry-level players?
- What are various long-term and short-term strategies adopted by the market players?
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