Dublin, Nov. 15, 2021 (GLOBE NEWSWIRE) -- The "Data Acquisition (DAQ) System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
The global data acquisition (DAQ) system market reached a value of US$ 1.4 Billion in 2020. Looking forward, the market is expected to reach a value of US$ 2.62 Billion in 2026, growing at a CAGR of 11.98% during 2021-2026. Keeping in mind the uncertainties of COVID-19, the analyst is continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end-use industries. These insights are included in the report as a major market contributor.
A data acquisition (DAQ) system relies on various sensors to collect information regarding physical phenomena, such as voltage, current, temperature, pressure and sound, in the form of analog signals. It includes signal conditioning circuitry and analog-to-digital converters (ADC), which process the incoming signals for further review and analysis. It provides excellent control and fast response to failure while manufacturing commercial products, such as automobiles, aircraft, large machinery and medical devices. As a result, it finds applications in various areas, from quality management to combustion analysis, process control to research and development (R&D).
The integration of control systems with DAQ solutions, which provides real-time control and post-recording visualization and analysis of the data, represents one of the key factors driving the industry growth. Apart from this, the widespread adoption of supervisory control and data acquisition (SCADA) systems in the food and beverage (F&B) industry for improving food quality control is positively influencing the requirement for DAQ systems. The rising product demand can be also be attributed to the utilization of these systems with the internet of things (IoT) in home automation systems.
Furthermore, the expanding product application in the healthcare industry is impelling the growth of the market, as DAQ systems facilitate the transmission of medical data and provide improved quality care. Other factors, such as increasing investments in the power transmission and distribution (T&D) sector, advancements in wireless communication technologies and increasing industrial automation, are expected to propel the market growth in the coming years.
Key Market Segmentation
The analyst provides an analysis of the key trends in each sub-segment of the global data acquisition (DAQ) system market, along with forecasts at the global, regional and country level from 2021-2026. The report has categorized the market based on component type, speed, channel, end user and region.
Breakup by Component Type
- Hardware
- External Chassis and Modules
- Plug-In Analog I/O Boards
- Software
- Bundled
- 3rd Party
Breakup by Speed
- High Speed (More Than 100 KS/s)
- Low Speed (Less Than 100 KS/s)
Breakup by Channel
- < 32 Channels
- 32-128 Channels
- > 128 Channels
Breakup by End User
- Aerospace and Defense
- Energy and Power
- Automotive and Transportation
- Wireless Communication and Infrastructure
- Water and Wastewater Treatment
- Healthcare
- Food and Beverages
- Others
Breakup by Region
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape
The report has also analysed the competitive landscape of the market with some of the key players being ABB Group, AMETEK Inc., Emerson Electric Co., Fortive Corporation, General Electric (GE) Company, Honeywell International Inc., Keysight Technologies, National Instruments Corporation, Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Spectris PLC and Yokogawa Electric Company
Key Questions Answered in This Report
- How has the global data acquisition (DAQ) system market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global data acquisition (DAQ) system market?
- What are the key regional markets?
- What is the breakup of the market based on the component type?
- What is the breakup of the market based on the speed?
- What is the breakup of the market based on the channel?
- What is the breakup of the market based on the end user?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global data acquisition (DAQ) system market and who are the key players?
- What is the degree of competition in the industry?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Data Acquisition (DAQ) System Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Component Type
6.1 Hardware
6.1.1 Market Trends
6.1.2 Major Types
6.1.2.1 External Chassis and Modules
6.1.2.2 Plug-In Analog I/O Boards
6.1.3 Market Forecast
6.2 Software
6.2.1 Market Trends
6.2.2 Major Types
6.2.2.1 Bundled
6.2.2.2 3rd Party
6.2.3 Market Forecast
7 Market Breakup by Speed
7.1 High Speed (>100 KS/s)
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Low Speed (< 100 KS/s)
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Application
8.1 < 32 Channels
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 32-128 Channels
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 > 128 Channels
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by End-user
9.1 Aerospace and Defense
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Energy and Power
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Automotive and Transportation
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Wireless Communication and Infrastructure
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Water and Wastewater Treatment
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Healthcare
9.6.1 Market Trends
9.6.2 Market Forecast
9.7 Food and Beverages
9.7.1 Market Trends
9.7.2 Market Forecast
9.8 Others
9.8.1 Market Trends
9.8.2 Market Forecast
10 Market Breakup by Region
11 SWOT Analysis
12 Value Chain Analysis
13 Porters Five Forces Analysis
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 ABB Group
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Financials
15.3.1.4 SWOT Analysis
15.3.2 AMETEK Inc.
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 Financials
15.3.3 Emerson Electric Co.
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.3.4 SWOT Analysis
15.3.4 Fortive Corporation
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.4.4 SWOT Analysis
15.3.5 General Electric Company
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.6 Honeywell International Inc.
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.6.4 SWOT Analysis
15.3.7 Keysight Technologies
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.7.3 Financials
15.3.7.4 SWOT Analysis
15.3.8 National Instruments Corporation
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 Financials
15.3.8.4 SWOT Analysis
15.3.9 Rockwell Automation Inc.
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.9.3 Financials
15.3.9.4 SWOT Analysis
15.3.110 Schneider Electric SE
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.10.3 Financials
15.3.10.4 SWOT Analysis
15.3.11 Siemens AG
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.11.3 Financials
15.3.11.4 SWOT Analysis
13.3.12 Spectris PLC
13.3.12.1 Company Overview
13.3.12.2 Product Portfolio
13.3.12.3 Financials
13.3.12.4 SWOT Analysis
15.3.13 Yokogawa Electric Company
15.3.13.1 Company Overview
15.3.13.2 Product Portfolio
15.3.13.3 Financials
15.3.13.4 SWOT Analysis
For more information about this report visit https://www.researchandmarkets.com/r/zc06zg
