Global Data Acquisition Systems Market By Type (All-In-One Systems, Mainframes, Front-End), By Application (Motor/Inverter, Automotive, Train/Ship, Energy, Other Applications), By Region And Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends And Forecast 2019-2028

“Global Data Acquisition Systems Market” is the title of an upcoming report offered by Market.US. This report on the data acquisition systems industry contains information and data, and inputs from both primary and secondary data sources, that have been verified and validated by experts in the target market. It also covers threats or challenges for existing as well as new entrants in the market. The report presents a thorough study of revenues, historical data, and information, key developments, and strategies by major players that offer vital insights and perspectives in to various scenarios market. Besides critical data and related information, the report includes key trends (both present and future), factors that are driving market growth, factors that are or could be potential restraints to market growth, as well as opportunities that can be leveraged for potential revenue generation in untapped regions and countries. The global data acquisition systems market has been segmented on the basis of sampling rate, product type, application, as well as regions and countries.

The Data Acquisition Systems Market was valued at UЅD $2,190.8 Мn in 2020, and is projected to register а САGR of 6.3% over the next 10 years    

Overview:

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A data acquisition system is a collection of software and hardware that allows one to measure or control physical characteristics of something in the real world. A complete data acquisition system consists of DAQ hardware, sensors and actuators, signal conditioning hardware, and a computer running DAQ software.

Dynamics:

The growing focus placed on data monitoring by several end-use industries such as the automotive, energy, logistic manufacturing industries, etc., in a bid to improve their respective annual turnovers and capabilities, is a primary factor that is expected to be furl the revenue growth of the global data acquisition systems market over the next decade.

In recent years, there has been a steady adoption of Ethernet solutions over conventional systems, this adoption, as well as the increasing prominence of the Internet of Things (IoT) and numerous industrial innovations are additional factors that are slated to have a profound impact on the market growth of this industry in the coming years.

The increasing emphasis on data monitoring, as well as the need for real-time analysis data is in constant demand in end-user sectors due to wireless communication and infrastructure industries is also expected to augment future revenue growth for the global data acquisition systems market.

However, in light of the recent COVID-19 outbreak, the operations of key industry players have either been temporarily halted or are functioning with a minimal workforce. This is a factor that is expected to have a profoundly negative impact on the revenue growth of this market.

Nonetheless, due to the immense demand for automated data acquisition systems by numerous businesses, as well as the continual incorporation of innovative advancements in this field, there are expected to be several opportunities for future revenue growth that key market players can strive to capitalize on.

Segmentation of the global data acquisition systems market is as follows:

With respect to sampling rate, the high-speed DAQ (>100kS/s) segment accounted for the highest number of revenue shares of this global market in 2019, and it is slated to index the highest CAGR over the next decade. The low-speed DAQ (<100kS/s) also accounted for considerable revenue growth in 2019, and is expected to continue to do so in the coming years.

On the basis of product type, the all-in-one systems segment accounted for the maximum number of revenue shares of the global data acquisition systems market in 2019, and is slated to index the highest CAGR, with an attractiveness index of 5.6, over the next 10 years. The mainframes segment also accounted for considerable revenue shares of this global market in 2020, and is expected to continue to do so over the forecast period.

In terms of application, the energy segment accounted for the majority revenue shares (37%) of the global data acquisition systems market in 2019. The motor/inverter segment and the automotive segment also accounted for a considerable rate of revenue growth in 2010, however, the automotive segment is slated to register the highest rate of revenue growth over the forecast period.

Regional Segmentation and Analysis:

North America accounted for the majority revenue shares of the global data acquisition systems market in 2019, and is anticipated to index a high CAGR of 6.1% over the next decade. The markets in Europe accounted for the second-most number of revenue shares of this global market in 2020, and is expected to continue to do so in the years to come.

Segmentation of the Global Data Acquisition Systems Market:

Segmentation by Sampling Rate:

• High-Speed DAQ(>100kS/s)
• Low Speed DAQ / DAQ Logger (<100kS/s)

Segmentation by Product Type:

• All-In-One Systems
• Mainframes
• Front-End

Segmentation by Application:

• Motor/Inverter
• Automotive
• Train/Ship
• Energy
• Other Applications

Segmentation by Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

 Key players profiled in the market report are:

• Siemens AG (Siemens Industry Software Inc.)
• KEYENCE CORPORATION
• AMETEK Inc. (VTI Instruments)
• Keysight Technologies
• Yokogawa Electric Corporation (Yokogawa Test & Measurement Corporation)
• INDUS Holding AG (IPETRONIK GmbH & Co. KG)
• Spectris Plc (HBM & B&K)
• TKH Group N.V. (DEWETRON GmbH)
• Tektronix Inc. (Keithley Instruments)
• National Instruments Corp.
• HIOKI E.E. CORPORATION
• AstroNova Inc.
• imc Measurement Systems GmbH
• Dewesoft D.O.O.
• CSM Computer-Systeme-Messtechnik GmbH

For the Data Acquisition Systems Market research study, the following years have been considered to estimate the market size: