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:
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Author Credits: Abhishek Verma
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