Global Signal Conditioning Modules Market Size By Form (DIN rail-/rack-mounted modules, Standalone/modular modules), By Input (Temperature input, Process input, Frequency input, LVDT/RVDT), By Application (Data Acquisition, Process Control), By End User (Water and wastewater industry, Food and beverages, Mining industry, Power industry, Oil and gas industry), By Geographic Scope And Forecast
Published on: 2024-08-08 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Signal Conditioning Modules Market Size By Form (DIN rail-/rack-mounted modules, Standalone/modular modules), By Input (Temperature input, Process input, Frequency input, LVDT/RVDT), By Application (Data Acquisition, Process Control), By End User (Water and wastewater industry, Food and beverages, Mining industry, Power industry, Oil and gas industry), By Geographic Scope And Forecast
Signal Conditioning Modules Market Size And Forecast
Signal Conditioning Modules Market size was valued at USD 1.28 Billion in 2023 and is projected to reach USD 1.75 Billion by 2030, growing at a CAGR of around 3.75% from 2024 to 2030.
The global Signal Conditioning Modules Market is primarily driven by the growing demand for low-cost customizing in numerous industries across the globe. Moreover, changing trends and growing developments in the food & beverage and pulp industry is likely to fuel the growth of the Signal Conditioning Modules Market in the forecasted period. Rising demand for signal conditioning modules in the water and wastewater plants is also another driving factor that is expected to boost the market size during the next few years. However, fluctuating prices of raw materials may slow down the growth of the market.
Global Signal Conditioning Modules Market Definition
The signal conditioning module for a variant sensor type or signal provides signal conditioning on a per-module basis. Multiple device Signal Conditioning modules cover the unique requirements. Signal conditioning involves voltage or current limiting and anti-aliasing filtering in the analog-to-digital converter framework. A sensor phase in which a sensor is made, a signal conditioning stage, where signal amplification is normally done, and a processing stage may be widely used in control engineering applications, often carried out by an ADC and a microcontroller. Operational amplifiers are also used in the signal conditioning stage to boost the signal. This function is inherent in Hall effect sensors for instance in some transducers.
Sensor inputs allowed by signal conditioners include voltage and current of DC/AC voltage and present voltage, frequency and electronic control. Accelerometer, thermocouple, thermistor, resistor thermometer, pressure gauge or bridge, and LVDT or RVDT sensor inputs may be sensor input. Encoder, counter, or tachometer, timer or clock, relay or switch, and others are used in specialized inputs. Present, voltage, frequency, timer or counter, relay, resistance or potentiometer, and other specialty outputs can be output for signal conditioning equipment.
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Global Signal Conditioning Modules Market Overview
Increasing demand for low-cost customizing coupled with isolation is expected to augment market growth. Technological innovations for the development of cost-effective methods are also expected to have a positive impact on growth. In addition, increasing product application scope owing to its advantages, is expected to fuel the demand for Signal Conditioning Modules Market. The necessity to improve machinery component durability to avoid high replacement costs in several end-use industries including wastewater plants will propel the Signal Conditioning Modules Market. Furthermore, increasing R&D spending for development in advanced automation methods will propel product demand.
Trends in the global Signal Conditioning Modules Market include market consolidation and technological advancements in inputs and processes. However, the high initial setup cost is likely to restrict the growth of signal conditioning modules. Also, fluctuating prices of raw materials may slow down the growth of the market.
Global Signal Conditioning Modules Market Segmentation Analysis
The Global Signal Conditioning Modules Market is segmented On The Basis of Form, Input, Application, End User, and Geography.
Signal Conditioning Modules Market, By Form
- DIN rail-/rack-mounted modules
- Standalone/modular modules
Based on Form, the market is bifurcated into DIN rail-/rack-mounted modules and Standalone/modular modules. A DIN rail is a common metal rail used in many construction settings in connecting disconnectors and in industrial control systems. These goods are normally made of carbon sheets in cold rolling steel with bright zinc or chrome-finished surfaces. Standalone/modular modules are the basic products that may be standalone and the other standalone products can be placed as modules at the end.
Signal Conditioning Modules Market, By Input
- Temperature input
- Process input
- Frequency input
- LVDT/RVDT
Based on Input, the market is bifurcated into Temperature input, Process input, Frequency input, and LVDT/RVDT. Temperature controllers manage the current flow to the heater is determined by an input from a current transformer (CT). It is used to detect burnout from heat, short heat, overcurrent heaters, and other difficulties. LVDT senses and transforms linear displacement into an electrical signal. While an RVDT senses angular displacement and transforms it into an electrical signal.
Signal Conditioning Modules Market, By Application
- Data Acquisition
- Process Control
- Others
Based on Application, the market is segmented into Data Acquisition, Process Control, and Others. The data acquisition is a sampling method that calculates physical conditions in the real world and converts the samples into digital numerical values that can be manipulated by a computer. In the phase, analogue waveforms are usually converted into a digital value using data acquisition systems abbreviated in the initial DAS, DAQ, or DAU. Process control is a mixture of control and chemical engineering disciplines, using industrial control systems to achieve a degree of output consistency, economy, and protection that cannot be accomplished by manual control.
Signal Conditioning Modules Market, By End User
- Water and wastewater industry
- Food and beverages
- Mining industry
- Power industry
- Oil and gas industry
- Others
Based on End User, the market is bifurcated into the Water and wastewater industry, Food and beverages, Mining industry, Power industry, Oil and gas industry, and Others. Food and beverages industry contributes to the highest CAGR in the forecast period. This growth in is attributed to the growing adoption of instrumentation and process automation to increase the productivity and efficiency of manufacturing plants. This is expected to create demand for control instruments and devices, thus driving the market for signal conditioning modules.
Signal Conditioning Modules Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the world
Based on regional analysis, the Global Signal Conditioning Modules Market is classified into North America, Europe, Asia Pacific, and Rest of the world. The Signal Conditioning Modules Market in Asia Pacific is estimated to expand at the fastest pace owing to the rising necessity for increased production rates, high-quality products, and safe industrial operations in the region. The major application of signal conditioning modules is in water & wastewater, energy & power, food & beverage, and paper & pulp industries. North America is also expected to witness significant growth in the forecast period.
Key players
The “Global Signal Conditioning Modules Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are AMETEK, Analog Devices, National Instruments, Rockwell Automation, Yokogawa Electric, TE Connectivity, Acromag, Weidmuller Interface, Phoenix Contact, and Dwyer Instruments. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
- Kemo Ltd introduced the DR PRT in March 2021, a brand-new product that was created over the previous two years in collaboration with partners in the Wind Energy and Power Generation industries. It is an industrial DIN rail mount kit that combines a precise PRT (Platinum Resistance Thermometer) signal conditioner with a Kemo flat response low pass filter for quick industrial installation. NEMA, Underwriters Laboratories (UL), and IEC standards specify the various classifications. As a result, many customers in the market choose a product that complies with various standards.
- Fiix Inc., a CMMS (computerized maintenance management system) that supports Al, was acquired by Rockwell Automation, Inc. in January 2021. The acquisition is anticipated to strengthen the corporate Lifecycle Services’ software strategy and expand its business capabilities. This division offers a wide range of adaptable industrial services to help clients increase the value of their production assets, systems, plants, and processes. As a result, offering both hardware and software services together might draw in an extensive client base.
Ace Matrix Analysis
The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.
Market Attractiveness
The image of market attractiveness provided would further help to get information about the region that is majorly leading in the global Signal Conditioning Modules Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.
Porter’s Five Forces
The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in the global Signal Conditioning Modules Market, gauge the attractiveness of a certain sector, and assess investment possibilities.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2020-2030 |
BASE YEAR | 2023 |
FORECAST PERIOD | 2024-2030 |
HISTORICAL PERIOD | 2020-2022 |
UNIT | Value (USD Billion) |
KEY COMPANIES PROFILED | AMETEK, Analog Devices, National Instruments, Rockwell Automation, Yokogawa Electric, TE Connectivity, Acromag, Weidmuller Interface, Phoenix Contact, and Dwyer Instruments. |
SEGMENTS COVERED | By Form, By Input, By Application, By End User, and By Geography. |
CUSTOMIZATION SCOPE | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |