Data Acquisition System Market to 2027 - Global Analysis and Forecasts by Components (Hardware, Software, Services); Application (Research and Development, Field, Manufacturing); Industry Vertical (Automotive and Transportation, Aerospace and Defense, Energy and Power, Environmental Monitoring, Food and Beverages, Healthcare, Others) and Geography

MARKET INTRODUCTION

The data acquisition system, often abbreviated as DAS or DAQ, consist of sensors, hardware and programmed software to measure physical quantities and convert the results into numerical values. The computer further manipulates these digital numeric values. The most commonly measured physical phenomena include current, temperature, voltage, pressure and sound. Unlike traditional measurement systems, DAQ systems utilize processing power, display and connectivity of standardized software for measurement.

MARKET DYNAMICS

The data acquisition system market is anticipated to grow in the forecast period on account of technological advances and automation trend in industries. Besides, advantages such as resource optimization, low production costs and energy efficiency are expected to augment market growth positively. However, concerns related to data security may hamper market growth. Nonetheless, the growth of wireless DAQ is likely to provide significant growth opportunities for the key players involved in the data acquisition system market during the forecast period.

MARKET SCOPE

The "Global Data Acquisition System Market Analysis to 2027" is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The report aims to provide an overview of data acquisition system market with detailed market segmentation by components, application, industry vertical and geography. The global data acquisition system market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading data acquisition system market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global data acquisition system market is segmented on the basis of components, application and industry vertical. Based on components, the market is segmented as hardware, software and services. On the basis of the application, the market is segmented as research & development, field and manufacturing. The market on the basis of the industry vertical is classified as automotive & transportation, aerospace & defense, energy & power, environmental monitoring, food & beverages, healthcare and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global data acquisition system market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The data acquisition system market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting data acquisition system market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the data acquisition system market in these regions.

MARKET PLAYERS

The reports cover key developments in the data acquisition system market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from data acquisition system market are anticipated to lucrative growth opportunities in the future with the rising demand for data acquisition system in the global market. Below mentioned is the list of few companies engaged in the data acquisition system market.

The report also includes the profiles of key data acquisition system companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- ABB Group
- AMETEK Inc.
- Bruel & Kjaer
- HBM (Spectris)
- Honeywell International
- Keysight Technologies
- National Instruments
- Rockwell Automation, Inc.
- Siemens AG
- Yokogawa Electric Corporation