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Global Industrial Signal Converter Market 2017-2021

Global Industrial Signal Converter Market 2017-2021

About Industrial Signal Converter

Industrial signal converters are integral parts of production processes in industries. These converters are used for safe and reliable transmission of analog signals collected from sensors and actuators. Signal converters are essential equipment in industries such as mining and oil and gas, wherein process variables such as temperature and pressure are the prevalent aspects. It is of utmost importance in such industries to accurately measure analog signals for precision in process and safety reasons.

Technavio’s analysts forecast the global industrial signal converter market to grow at a CAGR of 4.33% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global industrial signal converter market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Industrial Signal Converter Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • ABB
  • Emerson Electric
  • General Electric
  • Schneider Electric
  • Siemens
Other prominent vendors
  • Dwyer Instruments
  • Honeywell International
  • OMRON
  • Pepperl+Fuchs
  • PHOENIX CONTACT
Market driver
  • Increased applications in low-powered signal and data conversion systems
  • For a full, detailed list, view our report
Market challenge
  • Noise- and temperature-related issues
  • For a full, detailed list, view our report
Market trend
  • Emergence of new types of data conversion systems
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Industrial Signal Converter Market 2017-2021

Technavio recognizes the following companies as the key players in the global industrial signal converter market: ABB, Emerson Electric, General Electric, Schneider Electric, and Siemens.

Other Prominent Vendors in the market are: Dwyer Instruments, Honeywell International, OMRON, Pepperl+Fuchs, and PHOENIX CONTACT.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is emergence of new types of data conversion systems. At present, many industries have adopted the cloud-based system in their processes. These cloud-based systems not only provide locational and time flexibility but also a lower cost when used as cloud-as-a-service. Cloud-based data conversion systems are fast gaining traction in the market.”

According to the report, one driver in the market is increased applications in low-powered signal and data conversion systems. Worldwide there is a growing demand for energy-efficient devices owing to the increasing cost of energy. At present, industrial applications use a variety of electronic devices that need to be improvised to provide high energy efficiency. These devices range from portable devices such as laptops and tablets to non-portable ones such as heavy-duty equipment and machineries. Data converters are typically used in each of these devices. With an increase in the Industrial Internet of Things (IIoT)-based applications such as wearables in industries, there is a high demand for low-power consuming signal and data conversion systems.

Further, the report states that one challenge in the market is noise- and temperature-related issues. To work effectively, signal converters must be fed raw input signals that should not be altered by any outside noise. Often, analog input signals get tampered by noise from the machine. With an increase in the use of variable frequency drives (VFDs) in industrial applications, noise-related issues in signal converters have also increased. This is because VFDs are a high source of the noise. Another issue in employing signal isolators is that these are often subject to a high amount of heat during their installation lifetime.

Companies Mentioned

ABB, Emerson Electric, General Electric, Schneider Electric, Siemens, Dwyer Instruments, Honeywell International, OMRON, Pepperl+Fuchs, and PHOENIX CONTACT.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
      • Table Signal conversion process
      • Table Global industrial signal converter market
  • Market landscape
    • Market overview
      • Table Global industrial signal converter market
    • Market size and forecast
      • Table Global industrial signal converter market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by end-user
    • Market overview
    • Market size and forecast
      • Table Global industrial signal converter market by end-user 2016
    • Market size and forecast
      • Table Global industrial signal converter market by end-user 2021
    • Global industrial signal converter market by enduser
      • Table Global industrial signal converter market end-user 2016-2021 ($ millions)
    • Global industrial signal converter market by water and wastewater treatment industry
      • Table Global industrial signal converter market by water and wastewater treatment industry 2016-2021 ($ millions)
    • Global industrial signal converter market by mining industry
      • Table Global industrial signal converter market by mining industry 2016-2021 ($ millions)
    • Global industrial signal converter market by power industry
      • Table Global industrial signal converter market by power industry 2016-2021 ($ millions)
    • Global industrial signal converter market by oil and gas industry
      • Table Global industrial signal converter market by oil and gas industry 2016-2021 ($ millions)
    • Global industrial signal converter market by others
      • Table Global industrial signal converter market by others 2016-2021 ($ millions)
  • Regional landscape
    • Geographical segmentation
      • Table Americas - Market size and forecast
    • Regional comparison
      • Table Regional comparison
    • Americas - Market size and forecast
      • Table Americas - Market size and forecast ($ Million)
      • Table Americas - Year-over-year growth
      • Table Top 3 countries in Americas
    • EMEA - Market size and forecast
      • Table EMEA - Market size and forecast ($ Million)
      • Table EMEA - Year-over-year growth
      • Table Top 3 countries in EMEA
    • APAC - Market size and forecast
      • Table APAC - Market size and forecast ($ millions)
      • Table APAC - Year-over-year growth
      • Table Top 3 countries in APAC
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Emergence of new types of data conversion systems
    • Rise in digitization among end-user industries
    • Increase in use of smart wearables in industries
  • Vendor landscape
    • Competitive landscape
    • Other prominent vendors
  • Key vendor analysis
    • ABB
      • Table Product analysis: ABB
      • Table Business overview: ABB
      • Table Recent Developments: ABB
    • Emerson Electric
      • Table Business overview: Emerson Electric
      • Table Product analysis: Emerson Electric
      • Table Recent developments: Emerson Electric
    • General Electric
      • Table Business overview: General Electric
      • Table Product analysis: General Electric
      • Table Recent developments: General Electric
    • Schneider Electric
      • Table Business overview: Schneider Electric
      • Table Recent Developments: Schneider Electric
      • Table Product analysis: Schneider Electric
    • Siemens
      • Table Business overview: Siemens
      • Table Product analysis: Siemens
      • Table Recent developments: Siemens
  • Appendix
    • List of abbreviations
  • Explore Technavio

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