LONDON--(BUSINESS WIRE)--According to the latest market study released by Technavio, the global signal conditioning modules market is expected to grow at a CAGR of more than 5% during the forecast period.
This research report titled ‘Global Signal Conditioning Modules Market 2017-2021’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. This report also includes an up to date analysis and forecasts for various market segments and all geographical regions.
This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing
Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.
The market research analysis categorizes the global signal conditioning modules market into the following type of imaging services:
- Water and wastewater industry
- Mining industry
- Power industry
- Oil and gas industry
Looking for more information on this market? Request a free sample report
Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.
The top three end-user segments are discussed below:
Water and wastewater industry
In 2016, the water and wastewater industry contributed for a revenue share of 29.35% to the global signal conditioning modules market and became the major contributor. A key problem in this industry is the aging infrastructure. The scope for the use of advanced technology and equipment to develop the infrastructure is rising due to increasing investments. These advances have contributed to the growth of the signal conditioning modules market and other components that transmit signals to control systems.
According to Raghav Bharadwaj Shivaswamy, a lead analyst at Technavio for automation research, “The use of signal conditioning modules is supplemented by the increase in the use of programmable logic controller in the water and wastewater industry. The most commonly used interfaces in the water and wastewater industry are special analog interface and communication interface. The special analog interface includes weight input modules. These are designed to read the data from load cells that are generally fixed on storage tanks. The major advantage of these modules is that they eradicate the need for PLCs to convert the analog signal.”
The major applications of signal conditioning modules related to the mining industry can be observed in mines where there is a hazardous environment, especially coal mines. Signal conditioning modules do the detection of harmful gases in such areas. By integrating signal conditioning modules with the sensing element, the concentration level of harmful gases can be determined accurately. The modern sensing technology requires the signal conditioning unit and the sensor to be present on the same chip.
“The high importance of signal conditioning modules is demonstrated by the multi-fan monitoring and control system, a new technology that is used to ventilate coal mines. By preventing the electromagnetic interference noise, the signal conditioning can be efficiently performed directly in the field. One of the advantages in mining environment is that the integration of repeaters with signal conditioning modules allows the communication to reach up to 10 km without interference,” says Raghav.
Power monitoring systems mainly make use of signal conditioning modules. Distribution monitoring system consist of power monitoring systems as a basic module. Power monitoring modules measure the real power consumed by loads on a real-time basis for single phase system. For scheduling the generation of power, this also assists in plotting the load and demand curves that are essential. Problems such as electricity theft and transmission and distribution losses are usually solved using the power monitoring systems.
The top vendors highlighted by Technavio’s market research analysts in this report are:
- Analog Devices
- National Instruments
- Rockwell Automation
- Yokogawa Electric
Browse Related Reports:
- Global IIoT Market in Automotive Industry 2017-2021
- Global Industrial Limit Switches Market 2017-2021
- Global Power Transmission Seals Market 2017-2021
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at firstname.lastname@example.org.