Global Signal Conditioning Market: Overview
A signal conditioner is a device that assists in converting a signal that may be challenging to read by conventional instrumentation into a more easily readable format. The signal conditioning technology is used to manipulate a signal in a way that it prepares for the next stage of processing.
On the basis of application, the global signal conditioning market can be segmented into process control, data acquisition, and others (signal splitting, surge protection, and remote diagnosis). Based on input type, the market can be categorized into process input, frequency input, temperature input, and LVDT/RVDT. Water & wastewater, oil & gas, chemical processing, metals & mining, food & beverages, energy & power, paper & pulp, aerospace & defense, and others (pharmaceuticals and cement) are categories of the end-use industry segment of the global signal conditioning market.
The report offers an inclusive insight of various factors driving the market of global signal conditioning. It also presents insights into challenges that the market could face over the forecast period. The trends prevailing in overall market operations are also analyzed in the report in detail.
Global Signal Conditioning Market: Key Trends and Opportunities
There are various factors driving the market of global signal conditioning. These include the increasing investment in infrastructure, growing demand from the water & wastewater industry, shift to PC based systems from outdated data acquisition systems, increasing requirement for industrial automation processes, and manufacturers’ strong distribution channels. Due to strict compliances/certifications in various regions, several sales manufacturers of signal conditioners are restricted from entering the market, hence limiting its growth.
On the basis of end user, the energy & power industry held a major market share. With proper usage of signal conditioning, power providers are able to run their operations continuously with improved operational efficiency.
The process control applications are the key contributor to the global signal conditioning market, and it is anticipated to dominate the market during the forecast period. In process control applications, signal conditioners support the analog circuit to function with one operating voltage. In addition, it acts as a shield against irrevocable damage caused by over voltages.
The application of LVDT/RVDT signal conditioners is widely used in paper head box control, steam and gas turbine control systems, industrial conveyor belt tension, bridge deflection testing, surface expansion or compression, remote monitoring, and reeler/dereeler control systems. The major factors fuelling the demand for the LVDT/RVDT signal conditioners globally include configuration of multiple-unit synchronization, effortless operation, and easy installation.
Global Signal Conditioning Market: Regional Analysis
Geographically, the global signal conditioning market can be segmented into North America, South America, Asia Pacific, Europe, and Rest of the World. Asia Pacific held a considerably large share in the global signal conditioning market, and is projected to continue exhibiting a high rate of growth during the forecast period period. Rise in investment in the industrial automation sector by developing economies such as Japan, China, India, and South Korea is the chief factor driving the growth of the market in this region. In addition, economic growth of Asia pacific and the rising demand for energy, oil & gas, and food & beverages, have augmented the adoption of signal conditioners in process control applications and data acquisition, thereby powering growth of the global signal conditioning market.
Global Signal Conditioning Market: Key Players
The report profiles some of the key players functioning in the market. It also offers insights into the threats and prospects that the companies are projected to witness in the coming years. The players in the global signal conditioning market include Rockwell Automation, Inc., AMETEK, Inc., Analog Devices Inc., Keysight Technologies, National Instruments, Corp., TE Connectivity Ltd., Linear Technology Corp., Weidmüller Interface GmbH & Co. KG, and Yokogawa Electric Corp., among others.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.