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.
Author Credits: Abhishek Verma, Hetal Singh
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