At A CAGR Of 5.36% Global Industrial Data Acquisition Systems Industry Will Grow Steadily During The Period 2016-2020

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Data acquisition systems collect data from field devices like sensors or transmitters on parameters such as temperature, voltage, current, sound, and pressure through a wired or wireless network. With powerful microprocessors, standalone data acquisition systems (which can perform data acquisition more efficiently) have emerged in the market. These systems are used in extreme environmental conditions, such as in temperature controlled chambers.

The advances in wireless connectivity, such as LTE, WLAN 802.11ac, Bluetooth 4.0, and 4G, have led to a rise in adoption of wireless technologies and the development of inbuilt mobile data acquisition systems and wireless data acquisition systems. The need to measure the temperature or pressure of devices used in remote locations have paved the way for the development of data acquisition systems. The demand for these systems will drive market growth during the forecast period.

Technavios analysts forecast the global industrial data acquisition systems market to grow at a CAGR of 5.36% during the period 2016-2020.

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Covered in this report
The report covers the present scenario and the growth prospects of the global industrial data acquisition systems market for 2016-2020. To calculate the market size, Technavio considers the revenue generated from the total consumption of industrial data acquisition systems globally. The report does not include revenue generated from the aftermarket service of the product.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Industrial Data Acquisition Systems Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
AMETEK
Keysight Technologies
National Instruments
Spectris
Yokogawa Electric

Other prominent vendors
ABB
Acromag
ADLINK Technology
Advantech
Alstom
Bruel & Kjaer
Campbell Scientific
Data Translation
DEWETRON
DynamicSignals
Emerson Electric
Fluke
General Electric
HIOKI E. E
Honeywell International
MathWorks
Measurement Computing
Pentek
Rockwell Automation
Schneider Electric
Siemens

Market driver
Transition from traditional data acquisition systems to PC-based systems
For a full, detailed list, view our report

Market challenge
Inefficient signal conditioners
For a full, detailed list, view our report

Market trend
Introduction of high speed data acquisition systems
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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