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Rockwell Automation, Inc. and Phoenix Contact GmbH & Co. KG held over 9.4% of the signal conditioning modules industry share in 2023. Rockwell Automation, Inc. is a global leader in industrial automation and control solutions, offering a comprehensive range of signal conditioning modules tailored for various applications. Phoenix Contact GmbH & Co. KG specializes in industrial connectivity and automation technology, providing innovative signal conditioning modules designed to ensure reliable signal transmission and processing in industrial environments.
In order to increase their market share, major players, including Rockwell Automation, Inc., Phoenix Contact GmbH & Co. KG, Schneider Electric, Pepperl+Fuchs, uses strategic initiatives such product or service launches, partnerships, collaborations, acquisitions, mergers, and regional growth.
Major players operating in the market are:
The process control application segment accounted for over 32% of the signal conditioning modules industry share in 2023, fueled by developments, including increased diagnostic capabilities, quicker reaction times, and increased accuracy
Industry size for signal conditioning modules crossed USD 1.4 billion in 2023 and is estimated to surpass USD 2.3 billion by 2032, due to the growing need to modify, enhance, or adapt electrical signals from sensors or other sources
Major signal conditioning module firms are ABB Ltd., Acromag, Inc., Advantech Co. Ltd., AMETEK, Inc., Analog Devices, Inc., Curtiss-Wright Corporation, Dwyer Instruments, Inc., and Moore Industries
North America held over 26% of the global signal conditioning modules market share in 2023, due to rising demand in the manufacturing, automotive, and electronics industries driven by the rapidly expanding industrial sector in China, India, and Japan.