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Data Acquisition (DAQ) System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview 2022-2027:

The global data acquisition (DAQ) system market reached a value of US$ 1.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 2.4 Billion by 2027, growing at a CAGR of 5.5% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are 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).

 

 
 

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Data Acquisition (DAQ) System Market Trends:

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:

IMARC Group 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 2022-2027. Our report has categorized the market based on component type, speed, channel and end user.

Breakup by Component Type:

 

 
 

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  • Hardware
    • External Chassis and Modules
    • Plug-In Analog I/O Boards
  • Software
    • Bundled
    • 3rd Party
       

Breakup by Speed:

  • High Speed (>100 KS/s)
  • Low Speed (<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:

 

 
 

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  • 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.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Component Type, Speed, Channel, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered 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
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


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?

1   Preface
2   Scope and Methodology 

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting 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 Channel
    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
    10.1    North America
        10.1.1 United States
           10.1.1.1 Market Trends
           10.1.1.2 Market Forecast
        10.1.2 Canada
           10.1.2.1 Market Trends
           10.1.2.2 Market Forecast
    10.2    Asia Pacific
        10.2.1 China
           10.2.1.1 Market Trends
           10.2.1.2 Market Forecast
        10.2.2 Japan
           10.2.2.1 Market Trends
           10.2.2.2 Market Forecast
        10.2.3 India
           10.2.3.1 Market Trends
           10.2.3.2 Market Forecast
        10.2.4 South Korea
           10.2.4.1 Market Trends
           10.2.4.2 Market Forecast
        10.2.5 Australia
           10.2.5.1 Market Trends
           10.2.5.2 Market Forecast
        10.2.6 Indonesia
           10.2.6.1 Market Trends
           10.2.6.2 Market Forecast
        10.2.7 Others
           10.2.7.1 Market Trends
           10.2.7.2 Market Forecast
    10.3    Europe
        10.3.1 Germany
           10.3.1.1 Market Trends
           10.3.1.2 Market Forecast
        10.3.2 France
           10.3.2.1 Market Trends
           10.3.2.2 Market Forecast
        10.3.3 United Kingdom
           10.3.3.1 Market Trends
           10.3.3.2 Market Forecast
        10.3.4 Italy
           10.3.4.1 Market Trends
           10.3.4.2 Market Forecast
        10.3.5 Spain
           10.3.5.1 Market Trends
           10.3.5.2 Market Forecast
        10.3.6 Russia
           10.3.6.1 Market Trends
           10.3.6.2 Market Forecast
        10.3.7 Others
           10.3.7.1 Market Trends
           10.3.7.2 Market Forecast
    10.4    Latin America
        10.4.1 Brazil
           10.4.1.1 Market Trends
           10.4.1.2 Market Forecast
        10.4.2 Mexico
           10.4.2.1 Market Trends
           10.4.2.2 Market Forecast
        10.4.3 Others
           10.4.3.1 Market Trends
           10.4.3.2 Market Forecast
    10.5    Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11  SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12  Value Chain Analysis
13  Porters Five Forces Analysis

    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
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
        15.3.12    Spectris PLC
           15.3.12.1 Company Overview
           15.3.12.2 Product Portfolio
           15.3.12.3 Financials
           15.3.12.4 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 

List of Figures

Figure 1: Global: Data Acquisition (DAQ) System Market: Major Drivers and Challenges
Figure 2: Global: Data Acquisition (DAQ) System Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Data Acquisition (DAQ) System Market: Breakup by Component Type (in %), 2021
Figure 4: Global: Data Acquisition (DAQ) System Market: Breakup by Speed (in %), 2021
Figure 5: Global: Data Acquisition (DAQ) System Market: Breakup by Channel (in %), 2021
Figure 6: Global: Data Acquisition (DAQ) System Market: Breakup by End User (in %), 2021
Figure 7: Global: Data Acquisition (DAQ) System Market: Breakup by Region (in %), 2021
Figure 8: Global: Data Acquisition (DAQ) System Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 9: Global: Data Acquisition (DAQ) System (Hardware) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Data Acquisition (DAQ) System (Hardware) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Data Acquisition (DAQ) System (Software) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Data Acquisition (DAQ) System (Software) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Data Acquisition (DAQ) System (High Speed- >100 KS/s) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Data Acquisition (DAQ) System (High Speed- >100 KS/s) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Data Acquisition (DAQ) System (Low Speed- <100 KS/s) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Data Acquisition (DAQ) System (Low Speed- <100 KS/s) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Data Acquisition (DAQ) System (< 32 Channels) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Data Acquisition (DAQ) System (< 32 Channels) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Data Acquisition (DAQ) System (32-128 Channels) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Data Acquisition (DAQ) System (32-128 Channels) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Data Acquisition (DAQ) System (> 128 Channels) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Data Acquisition (DAQ) System (> 128 Channels) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Data Acquisition (DAQ) System (Aerospace and Defense) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Data Acquisition (DAQ) System (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Data Acquisition (DAQ) System (Energy and Power) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Data Acquisition (DAQ) System (Energy and Power) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Data Acquisition (DAQ) System (Automotive and Transportation) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Data Acquisition (DAQ) System (Automotive and Transportation) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Data Acquisition (DAQ) System (Wireless Communication and Infrastructure) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Data Acquisition (DAQ) System (Wireless Communication and Infrastructure) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Data Acquisition (DAQ) System (Water and Wastewater Treatment) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: Data Acquisition (DAQ) System (Water and Wastewater Treatment) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Global: Data Acquisition (DAQ) System (Healthcare) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Global: Data Acquisition (DAQ) System (Healthcare) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Global: Data Acquisition (DAQ) System (Food and Beverages) Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Global: Data Acquisition (DAQ) System (Food and Beverages) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Global: Data Acquisition (DAQ) System (Others) Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Global: Data Acquisition (DAQ) System (Others) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: North America: Data Acquisition (DAQ) System Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: North America: Data Acquisition (DAQ) System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: United States: Data Acquisition (DAQ) System Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: United States: Data Acquisition (DAQ) System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Canada: Data Acquisition (DAQ) System Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Canada: Data Acquisition (DAQ) System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Asia Pacific: Data Acquisition (DAQ) System Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Asia Pacific: Data Acquisition (DAQ) System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: China: Data Acquisition (DAQ) System Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: China: Data Acquisition (DAQ) System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Japan: Data Acquisition (DAQ) System Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Japan: Data Acquisition (DAQ) System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: India: Data Acquisition (DAQ) System Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: India: Data Acquisition (DAQ) System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: South Korea: Data Acquisition (DAQ) System Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: South Korea: Data Acquisition (DAQ) System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Australia: Data Acquisition (DAQ) System Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Australia: Data Acquisition (DAQ) System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Indonesia: Data Acquisition (DAQ) System Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Indonesia: Data Acquisition (DAQ) System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Others: Data Acquisition (DAQ) System Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Others: Data Acquisition (DAQ) System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Europe: Data Acquisition (DAQ) System Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Europe: Data Acquisition (DAQ) System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Germany: Data Acquisition (DAQ) System Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Germany: Data Acquisition (DAQ) System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: France: Data Acquisition (DAQ) System Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: France: Data Acquisition (DAQ) System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: United Kingdom: Data Acquisition (DAQ) System Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: United Kingdom: Data Acquisition (DAQ) System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Italy: Data Acquisition (DAQ) System Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Italy: Data Acquisition (DAQ) System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Spain: Data Acquisition (DAQ) System Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Spain: Data Acquisition (DAQ) System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Russia: Data Acquisition (DAQ) System Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Russia: Data Acquisition (DAQ) System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Others: Data Acquisition (DAQ) System Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Others: Data Acquisition (DAQ) System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Latin America: Data Acquisition (DAQ) System Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Latin America: Data Acquisition (DAQ) System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Brazil: Data Acquisition (DAQ) System Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Brazil: Data Acquisition (DAQ) System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Mexico: Data Acquisition (DAQ) System Market: Sales Value (in Million US$), 2016 & 2021
Figure 82: Mexico: Data Acquisition (DAQ) System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 83: Others: Data Acquisition (DAQ) System Market: Sales Value (in Million US$), 2016 & 2021
Figure 84: Others: Data Acquisition (DAQ) System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 85: Middle East and Africa: Data Acquisition (DAQ) System Market: Sales Value (in Million US$), 2016 & 2021
Figure 86: Middle East and Africa: Data Acquisition (DAQ) System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 87: Global: Data Acquisition (DAQ) System Industry: SWOT Analysis
Figure 88: Global: Data Acquisition (DAQ) System Industry: Value Chain Analysis
Figure 89: Global: Data Acquisition (DAQ) System Industry: Porter’s Five Forces Analysis


List of Tables

Table 1: Global: Data Acquisition (DAQ) System Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Data Acquisition (DAQ) System Market Forecast: Breakup by Component Type (in Million US$), 2022-2027
Table 3: Global: Data Acquisition (DAQ) System Market Forecast: Breakup by Speed (in Million US$), 2022-2027
Table 4: Global: Data Acquisition (DAQ) System Market Forecast: Breakup by Channel (in Million US$), 2022-2027
Table 5: Global: Data Acquisition (DAQ) System Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 6: Global: Data Acquisition (DAQ) System Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Data Acquisition (DAQ) System Market Structure
Table 8: Global: Data Acquisition (DAQ) System Market: Key Players


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