Signal Conditioner Market: Introduction
The demand for the reception of an enhanced signal, which ideally turns out to be difficult for processing (by a conventional instrument), led to the introduction of a signal conditioner device.
Signal conditioners are devices which, by making use of conditioning techniques such as amplification, electric isolation, linearization, excitation, filtration, evaluation, etc., conditions a signal. Signal conditioners, primarily, convert one type of input signal into another for enabling a proper assessment of the same, to generate the required output. A signal converter is, further, used to offer precise measurements for enabling an efficient data acquisition process and machine-control. Besides this, signal conditioners protect an equipment against electric shocks and voltage surges, and from the influences of high frequencies and electromagnetic compatibility interference, as well. Thus, signal conditioners are used across various industry verticals such as oil and gas, chemical, energy and power, mining etc.
Signal conditioner market has witnessed considerable traction in the past four years and, is furthermore, expected to witness a considerable growth rate during the forecast period, owing to the increasing infrastructural development and industrialization witnessed, globally.
Signal Conditioner Market: Market Dynamics
The primary application of signal conditioners lie across industries. Thus, transition towards industrialization acts as a primary driver for the global signal conditioners market. Besides this, initiatives taken by the government for improving the output efficiency and safety measures, across industries, has promoted the adoption signal conditioners globally. This is further expected to supplement the adoption of signal conditioners in the market, during the forecast period. Increasing awareness about the advantages associated with the adoption of signal conditioners has also augmented the growth rate of the market, in terms of revenue.
However, issues such as high initial cost of a signal conditioner is one of the major restraining factors for the same, which, as a result, hampers the adoption of signal conditioners.
Signal Conditioner Market: Segmentation
Global signal conditioner market can be segmented on the basis of mounting type and industry vertical.
Segmentation for Signal Conditioner market by mounting type:
On the basis of mounting type, the signal conditioner market can be segmented as:
Maximum adoption of rail mounting signal conditioners are witnessed in 2017. The same segment is expected to hold a major percentage of share in the global signal conditioner market, throughout the forecast period.
Segmentation for Signal Conditioner market by Industry Vertical:
On the basis of industry vertical, the signal conditioner market can be segmented as:
High investments for increasing infrastructural development and transitioning towards industrialization across various developing countries, globally, are expected to significantly impact the growth of signal conditioners market, in terms of revenue.
Signal Conditioner Market: Key Players
Some of the key players in the signal conditioner market are Texas Instruments, Pepperl+Fuchs, HBM, Rockwell Automation, Schneider Electric, Integrated Device Technology, Inc., Hinds Instruments, Inc., DYTRAN INSTRUMENTS INCORPORATED, Kulite Semiconductor Products, Inc., AMETEK Inc., Analog Devices, Inc., Honeywell International Inc. and various others.
Many players (manufacturers and vendors offering signal conditioner solutions) are focusing on innovating and launching new products in signal conditioner market with an intention of expanding their consumer base and offering enhanced features. For instance, in May 2018, HBM expanded its signal conditioners’ product portfolio with the launch of ClipX, a signal conditioner which completes preliminary calculations and summaries for reducing the load on higher level controls, in addition to amplifying and transferring a signal to the control unit.
Signal Conditioner Market: Regional Overview
By geography, the signal conditioner market can be segmented into North America, Latin America, Western Europe, Eastern Europe, China, Japan, SEA and others in Asia Pacific, and Middle East & Africa. Among these regions, Asia Pacific is expected to dominate the global signal conditioner market during the forecast period, owing to increasing industrialization and implementation of industrial automation, in the region. North America and Europe are expected to follow Asia Pacific in the global signal conditioner market. China is, however, expected to exhibit highest growth rate during the forecast period owing to demand for high quality output and stringent regulations for maintaining a safe industrial environment, standardized by the government. Besides this, Latin America is also expected to witness a considerable growth rate during the forecast period owing to the increasing economies of the developing countries such as Mexico, Brazil etc., in the region.
The report covers exhaustive analysis on:
Regional analysis for global signal conditioner market includes
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.