Industrial Signal Converter to 2021 – Analysis of ABB, Emerson Electric, General Electric, Schneider Electric, and Siemens

MarketResearchNest.com adds “Global Industrial Signal Converter Market 2017-2021” new report to its research database. The report spread across 78 pages with table and figures in it.
Research analysts forecast the global industrial signal converter market to grow at a CAGR of 4.33% during the period 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.

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.

Browse full table of contents and data tables at
https://www.marketresearchnest.com/global-industrial-signal-converter-market-2017-2021.html

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.

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 Research 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.”

Order a Purchase Report Copy at https://www.marketresearchnest.com/purchase.php?reportid=269574

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.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Enquiry before Buying at
https://www.marketresearchnest.com/enquirybuy.php?reportid=269574

About us: MarketResearchNest.com is the most comprehensive collection of market research products and services on the Web. We offer reports from almost all top publishers and update our collection on daily basis to provide you with instant online access to the world’s most complete and recent database of expert insights on industries, organizations, products, and trends.

Contact
Mr. Jeet Jain
Sales Manager
sales@marketresearchnest.com
+1-240-284-8070(U.S)
+44-20-3290-4151(U.K)
Connect with Global: Google+ | LinkedIn | Twitter | Facebook

This release was published on openPR.