The Global Signal Conditioning Modules Market size is expected to reach USD 1.62 Billion at a steady CAGR of 3.7% in 2028, according to latest analysis by Emergen Research. This steady market revenue growth can be attributed to rapid shift to industrial automation processes and major increase in infrastructure development across manufacturing and industrial sectors. Rising need for applications such as in galvanic isolation of standard signals and measurement of voltage and current with voltmeters and ammeters respectively, are other key factors contributing to growing demand for and adoption of signal conditioning modules globally.
Technological advancements in high-quality and precise signal conditioning modules is expected to further result in deployment of more advanced instrument measurement solutions going ahead. Growing concerns regarding need for control instrumentation and various devices are factors driving increased focus on operation efficiency, which in turn has been boosting adoption of signal conditioning modules.
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The report also discusses key players involved in the market, such as Rockwell Automation, Inc., Siemens, Phoenix Contact GmbH & Co. KG, Schneider Electric, Pepperl+Fuchs, Yokogawa Electric Corporation, ABB, AMETEK, Inc., Weidmüller Interface GmbH & Co. Kg, and Dwyer Instruments, Inc., Others
Key insights presented in the report:
- Market revenue shares by major business players, by type, by application, and market scope of global Signal Conditioning Modules market
- Sales revenue by key players and new entrants
- Competitive analysis of key players, including aspects such as company overview, product or services specification, vendors, and buyers
- Recent mergers, acquisitions, product launches, recent investments, and joint ventures
- Regional analysis to provide insight into recent trends and opportunities
The report provides comprehensive details about the market with respect to overall revenue, sales and consumption, pricing trends, gross margins, growth rate, and market size. Additionally, the report also covers details of the company, such as sales and distribution area, product portfolios, specifications, and others.
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Some Key Highlights from the Report
- In February 2021, Papperl+Fuchs combined its FB remote I/O system with innovative GR series manufacture with glass fiber reinforced polyester. It results in a range of four standardized remote input output (I/O) field units, which is equipped with plug-in slots for 10/12 dual width I/O modules or for 20/24 single width I/O modules, that offers maximum flexibility and are certified for application in zone 1/21 explosion hazardous environment.
- DIN rail-/rack-mounted modules accounted for largest revenue share in the signal conditioning modules market in 2020. The concept of linearization in signal conditioning provides high flexibility and density in modules racks, which reduces installation time and these are key factors driving adoption of signal conditioning modules.
- Process input segment revenue is expected to expand at a rapid CAGR of 3.8% during the forecast period. Increasing adoption of process input signal conditioning to yield reliability of secure interfacing in data acquisition, process control application, and industrial measurement across various industries is driving market growth.
- Process control segment accounted for a significantly high revenue share in the signal conditioning modules market in 2020. Increasing need for efficient process control for applications in manufacturing of automotive components and processing of raw materials in food and beverages industries is a key factor boosting market growth.
- Oil and gas segment accounted for a significantly high revenue share in the signal conditioning modules market in 2020. Increasing adoption of electronics instrumentation for accurate and precise measurement in water & wastewater, chemical processing, energy & power, food & beverages, and large manufacturing industries is expected to continue to support deployment of signal conditioning modules.
- North America accounted for largest revenue share contribution to the global signal conditioning modules market in 2020. Increasing adoption of smart measuring instrument and rising demand for autonomous solutions in manufacturing industries is expected to boost growth of the signal conditioning modules market in the region.
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Emergen Research has segmented the global signal conditioning modules market on the basis of form factor, input type, application, end-use, and region:
Form factor Outlook (Revenue, USD Billion; 2018–2028)
- DIN rail-/rack-mounted Modules
- Standalone/modular Modules
Input type Outlook (Revenue, USD Billion; 2018–2028)
- Temperature Input
- Process Input
- Frequency Input
- LVDT/RVDT
Application Outlook (Revenue, USD Billion; 2018–2028)
- Data Acquisition
- Process Control
- Others
End-use Outlook (Revenue, USD Billion; 2018–2028)
- Oil & Gas
- Energy & Power
- Chemical Processing
- Food & Beverage
- Metal & Mining
- Water & Wastewater
- Aerospace & Defense
Regional Outlook (Revenue, USD Billion; 2018–2028)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- BENELUX
- Switzerland
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- India
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Turkey
- Rest of MEA
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The post Signal Conditioning Modules Market Analysis and Projection, Application, and Region – Global Forecast to 2028 appeared first on Market O Graphics.
