Signal Conditioning Modules Market Size & Share Form (DIN Rail-/Rack-Mounted Modules, Standalone/Modular Modules); Input (Temperature Input, Process Input, Frequency Input, LVDT/RVDT); Application (Data Acquisition, Process Control); End-user (Water & Wastewater Industry, Food & Beverages, Mining Industry, Power Industry, Oil & Gas Industry) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 5224
  • Published Date: Sep 18, 2023
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024 - 2036

Signal Conditioning Modules Market size is expected to surpass USD 1.89 Billion by the end of 2036, growing at a CAGR of 4% during the forecast period, i.e., 2024 – 2036. In the year 2023, the industry size of signal conditioning modules was over USD 1.18 Billion. The contributing factor that is anticipated to increase market size over the coming years is the surging demand for signal conditioning modules in wastewater treatment facilities. The United States Environmental Protection Agency (US EPA) has calculated that there are between 23,000 and 75,000 sanitary sewer overflows per year. Amounts of untreated waste released annually from sewage treatment facilities range from 3 billion to 10 billion gallons.

Additionally, the market for signal conditioning modules is expected to expand during the projected period due to shifting trends and expanding innovations in the food and beverage industries. Innovation is strongly ingrained in the food and beverage sector, as evidenced by the fact that 94% of respondents reported that their organizations invest in innovation.


Signal Conditioning Modules Market
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Signal Conditioning Modules Sector: Growth Drivers and Challenges

Growth Drivers

  • Demand for Signal Conditioning Modules is Rising- Market expansion is anticipated to be aided by rising demand for remote control systems combined with conventional isolation. Technology-driven advances in the creation of efficient processes are also probably to benefit growth. Additionally, expanding product application potential as a result of its benefits is anticipated to drive the market for signal conditioning modules.
  • Opportunities in Developing Economies and Underserved Regions- In developing countries like India, Brazil, and Mexico, industrial automation is becoming increasingly important due to its benefits, which include high productivity, high flexibility, high safety, and high information accuracy.
  • Growing R&D for Use of Microelectromechanical System- In some design scenarios, the expanding R&D has produced some superior microelectromechanical systems and sensor signal conditioning. Modern technology has moved past analogue sensors to include piezoelectric sensors. Microelectromechanical systems (MEMS) sensor are employed in signal conditioning circuits because of their great sensitivity. Thus, the development of the portable signal conditioning market is being driven by creative designs utilizing microelectromechanical system (MEMS) technology. For instance, Robert Bosch GmbH said in February 2022 that it would invest USD 296 million to increase semiconductor output and address the global shortage. 

Challenges

  • Pricing Competition Between International and Local Manufacturers - Due to the existence of numerous international and local competitors, this market is very competitive. This results in reduced production and administrative expenses. Hence, regional competitors can sell their goods at a significant discount compared to their international counterparts.
  • Supply Chain Delays Brought on by COVID-19-Related Lockdowns in Major Economies.
  • Increased Regulations Could Impede Market Expansion.

Signal Conditioning Modules Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

~ 4%

Base Year Market Size (2023)

 ~ USD 1.18 Billion

Forecast Year Market Size (2036)

 ~ USD 1.89 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Signal Conditioning Modules Segmentation

Form (DIN Rail-/Rack-Mounted Modules, Standalone/modular Modules)

The DIN rail-/rack-mounted modules segment in the signal conditioning modules market is anticipated to have the highest share of about 57% during the forecast period. The DIN/rail/rack-mounted modules are utilised in potentiometers, thermocouples, RTDs, DC to AC and AC to DC converters and accept a variety of signals which are used in computers, televisions etc. Research estimates that there will be 1.72 billion TV households worldwide in 2021. The source claims that by 2026, this number will have surpassed 1.8 billion. Over the past few decades, more Americans have become television owners, with over 96% of households in the United States having a television as of 2021. These modules are perfect for industrial use because of their wide range of applications and high-density installation applications, which raises demand.

Application (Data Acquisition, Process Control)

The data acquisition segment had a significant 75% share of the global signal conditioning modules market during the forecasted timeframe. In order to process and record the data provided to it, every piece of automation equipment and sensor has some sort of data acquisition system built in. This allows for quality control and the prevention of fluctuations that could harm the equipment. The market for data acquisition signal conditioning module systems has expanded as a result of the rising demand for automation, which also drove the development of data acquisition systems. The majority of firms (76%) use automation to standardise or automate daily processes, followed by (58%) data/reporting for planning and (36%) regulation or compliance.

Our in-depth analysis of the global market includes the following segments:

       Form

  • DIN Rail-/Rack-Mounted Modules
  • Standalone/Modular Modules

       Input

  • Temperature Input
  • Process Input
  • Frequency Input
  • LVDT/RVDT

       Application

  • Data Acquisition
  • Process Control

       End User

  • Water & Wastewater Industry
  • Food and Beverages
  • Mining Industry
  • Power Industry
  • Oil & Gas Industry

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Signal Conditioning Modules Industry - Regional Synopsis

North American Market Forecast

The North America signal conditioning modules market is anticipated to grow at a significant CAGR with about 35% revenue share during the forecast period. Due to the region's escalating labour costs, many production processes have been automated in North America. In terms of market value, the US, and  Canada,  are the major contributors. The main factors driving the market in this region are a higher level of quality control requirements and a greater penetration of automation. The Association for Advancing Automation (A3) reported that North American businesses ordered 44,196 robots for USD 2.38 billion last year, a rise of 11% and 18% over 2021, the previous high.

APAC Market Statistics

The Asia Pacific signal conditioning modules market is the geographic area which Is expected to grow with a significant CAGR with a market share of nearly 25%. The main driver of this region is the rising demand for production items as a result of the quick population growth. China and India, the two most populous nations in the world, are part of the Asia Pacific area, which is home to 60% of the world's population, or over 4.3 billion people. As of 2021, China had a stunning total population of 1.4 billion, making it the most populated nation in the Asia-Pacific area.

Research Nester
Signal Conditioning Modules Market Size
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Companies Dominating the Signal Conditioning Modules Landscape

top-features-companies
    • Rockwell Automation, Inc.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Siemens
    • Schneider Electric
    • Phoenix Contact GmbH & Co. KG
    • TE Connectivity Ltd.
    • ABB
    • AMETEK, Inc.
    • Keysight Technologies, Inc.
    • Advantech Co., Ltd.
    • Pepperl+Fuchs

In-the-news

In The News

  • January 2021: Rockwell Automation, Inc. announced the total acquisition of Fiix Inc., an Al-enabled CMMS (computerized maintenance management system). The acquisition is predicted to boost the software strategy and enhance the business capabilities of the corporate Lifecycle Services, which provides a comprehensive list of flexible industrial services to assist customers increase the worth of their production assets, systems, plants, and processes. Thus, combined service of hardware and software can pull a significant customer base from the market.
  • December 2021: Advantech launched ADAM-3000 series Signal conditioners into the market. The series is cost-efficient, field configurable, and has easy installation to protect the instruments and process signals from the harmful effects of ground loops and other electrical interference.

Author Credits:  Abhishek Verma, Hetal Singh


  • Report ID: 5224
  • Published Date: Sep 18, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The growing demand for low-cost customizing in numerous industries and expanding innovations in food and beverages industries are the major factors driving the growth of the signal conditioning modules market.

The market size of signal conditioning modules is anticipated to attain a CAGR of 4% over the forecast period, i.e., 2024 – 2036.

The major players in the market are Siemens, Schneider Electric, Phoenix Contact GmbH & Co. KG, TE Connectivity Ltd., ABB, AMETEK, Inc., Keysight Technologies, Inc., Advantech Co., Ltd., Pepperl+Fuchs, and others.

The DIN rail-/rack-mounted modules segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the North America region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
Signal Conditioning Modules Market Report Scope
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