Report overview
Data acquisition hardware comprises signal conditioning circuitry, sensors, and analog-to-digital converters. Sensors are also called transducers that convert physical parameters into measurable electrical signals. The signal circuitry converts sensor signals to numerical values. Data acquisition hardware is an industrial control system that collects the data from instruments and sensors positioned at isolated sites, then communicates and demonstrates this data at an essential site for monitoring and control purposes. It is also used to collect and analyze data in real time.
This report aims to provide a comprehensive presentation of the global market for Data Acquisition (DAQ) Hardware, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Data Acquisition (DAQ) Hardware. This report contains market size and forecasts of Data Acquisition (DAQ) Hardware in global, including the following market information:
Global Data Acquisition (DAQ) Hardware Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Data Acquisition (DAQ) Hardware Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Data Acquisition (DAQ) Hardware companies in 2022 (%)
The global Data Acquisition (DAQ) Hardware market was valued at US$ 1507.9 million in 2022 and is projected to reach US$ 1921.3 million by 2029, at a CAGR of 3.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Data acquisition hardware is widely adopted for design validation, research & analysis, manufacturing & quality tests, asset condition monitoring, verification, diagnostics & repair, and computer based control and automation. Further, increasing analysis and design activities such as modeling behavior of scientific phenomenon and new product design is expected to support the growth of the data acquisition hardware market. Operations such as verifying product lifecycle, testing for accuracy and reliability, ensuring conformance to industry standards, and establishing evidence, design validation and testing is required for maintaining the required standards. The manufacturing and quality testing for electrical, mechanical, and environmental parameters is also carried out with the help of data acquisition hardware. Diagnostics and repair systems are useful to recognize root cause of the problem within machinery and image inspection systems. Moreover, asset conditioning and monitoring solutions are used for the durable condition monitoring of equipment such as turbines and compressors and to detect problems and prevent failures. Condition monitoring helps to prevent outages, optimize performance, and reduce repair costs. Computer based control systems help in handling various processes and machinery without human interaction. However, increasing complexity related to signal conditioning in the data acquisition market is expected to restrain the growth of this market.
We surveyed the Data Acquisition (DAQ) Hardware manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Data Acquisition (DAQ) Hardware Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Data Acquisition (DAQ) Hardware Market Segment Percentages, by Type, 2022 (%)
Portable Type
Fixed Type
Global Data Acquisition (DAQ) Hardware Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Data Acquisition (DAQ) Hardware Market Segment Percentages, by Application, 2022 (%)
Agriculture
Healthcare
Security
Industrial
Communication
Global Data Acquisition (DAQ) Hardware Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Data Acquisition (DAQ) Hardware Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Data Acquisition (DAQ) Hardware revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Data Acquisition (DAQ) Hardware revenues share in global market, 2022 (%)
Key companies Data Acquisition (DAQ) Hardware sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Data Acquisition (DAQ) Hardware sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
National Instruments
Advantech
ADLINK Technology
Contec
Microstar Laboratories
Yokogawa
OMEGA Engineering
Coleman Technologies
Outline of Major Chapters:
Chapter 1: Introduces the definition of Data Acquisition (DAQ) Hardware, market overview.
Chapter 2: Global Data Acquisition (DAQ) Hardware market size in revenue and volume.
Chapter 3: Detailed analysis of Data Acquisition (DAQ) Hardware manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Data Acquisition (DAQ) Hardware in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Data Acquisition (DAQ) Hardware capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
