Pune, India --- The signal conditioning modules (SCM) market was valued at USD 561.2 million in 2015 and is expected to reach USD 817.5 million by 2022, at a CAGR of 5.46% while process control applications is expected to grow at the highest rate during the forecast period dominated by APAC with highest growth rate.
The signal conditioning market growth can be attributed to the rising demand for signal conditioners from the water & wastewater, food & beverages, and energy & power industries. However, stringent compliances/certifications in various geographies are creating barriers for various manufacturers pertaining to the sales of SCM across these geographies. For instance, For instance, the ATEX directive is valid within the European Union (EU) and the European Free Trade Association (EFTA) Western European nations. It applies to machinery components, devices, protective devices, and controllers that are to be used in hazardous areas. The C-Tick marking directive is valid in Australia.
The SCM market for process control applications is expected to grow at the highest rate during the forecast period. Signal conditioners in process control applications separate the supply voltage from the input and output circuits and enable the analog circuit to operate with one operating voltage. Moreover, signal conditioners electrically separate input as well as output signals from each other. This eliminates the differences caused by common reference points and provides protection against irrevocable damage caused by over voltages.
The signal conditioning modules market in APAC is expected to grow at the highest rate during the forecast period. This market growth can be attributed to the increasing investments in the industrial automation sector by major economies such as China, Japan, South Korea, and India in this region. Moreover, factors such as huge economic growth and the rising demand for energy, food & beverages, and oil & gas have led to an increase in the implementation of signal conditioners in data acquisition and process control applications; this, in turn, is driving the growth of the signal conditioning modules market in APAC.
The major companies operating in the global signal conditioning modules market include AMETEK, Inc. (U.S.), Linear Technology Corp. (U.S.), Analog Devices Inc. (U.S.), Keysight Technologies (U.S.), National Instruments, Corp. (U.S.), TE Connectivity Ltd. (Switzerland), Rockwell Automation, Inc. (U.S.), Weidmüller Interface GmbH & Co. KG (Germany), and Yokogawa Electric Corp. (Japan), among others. Order a copy of Signal Conditioning Market by Form Factor (Din Rail- Or Rack-Mounted Modules, Modular or Standalone Modules), Input Type (Temperature, Process, Frequency and LVDT/RVDT), Application, End-User Industry, and Geography –
In the process of determining and verifying, the global signal conditioning modules market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key people. In Tier 1 (35%), Tier 2 (45%) and Tier 3 (20%) companies were contacted for primary interviews. The interviews were conducted with various key people such as C-level (35%), Director Level (25) and others (40%) from various key organizations operating in the signal conditioning modules market. The primary interviews were conducted worldwide covering regions such as Americas (45%), Europe (20%), Asia-Pacific (30%) and RoW (5%).
Complete report on signal conditioning modules (SCM) market spread across 175 pages, profiling 15 companies and supported with 64 tables and 78 figures is now available at http://www.reportsnreports.com/reports/726258-signal-conditioning-market-by-form-factor-din-rail-or-rack-mounted-modules-modular-or-standalone-modules-input-type-temperature-process-frequency-and-lvdt-rvdt-application-end-user-industry-and-geography-st-to-2022.html
Global Forecast to 2022 research report at http://www.reportsnreports.com/purchase.aspx?name=726258