Press release
GLOBAL DATA ACQUISITION (DAQ) MARKET TOP KEY PLAYERS DAQsegment are ABB Ltd., Advantech, Agilent Technologies, Campbell Scientific, Data Translation, Schneider Electric, Honeywell International, Siemens AG, Rockwell Automation, MathWorks, General Electric
Technology
Data Acquisition (DAQ) system is any instrument that is capable of acquiring data from sensors, converting it first into digital form and storing it back to the central location where it can be analysed and processed. The DAQ system comprises I/O subsystems, a host computer and controlling software. Demand for these has been increasing across various industry verticals over the past few years.
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Market Dynamics
A rising demand for advanced wireless applications is projected to drive the market for DAQ software and hardware in near term. The accelerating rate of adoption of the ethernetleading to growing confidence around interoperability and ease of integration and an increased demand for faster internet speed from the end-users are factors driving the growth of the DAQ market. Changing customer and interoperability requirements, the need for faster processing, and improvement in open software standards also augment market demand. However, lack of specialized skills and the security issues restrain the growth of the DAQ market. The cost of implementation is also a primary concern hindering market growth.
Market Segmentation
The Global Data Acquisition Market has been segmented on the basis of Product Type (Peripheral component interconnect (PCI), LAN Extensions for Instrumentation (LXI)/ Ethernet, VME Extensions for instrumentation (VXI), PCI Extensions for Instrumentation (PXI), Universal Serial Bus (USB), Standalone), Architecture (Hardware, Software, Services), Component (Human Machine Interface (HMI), Programmable Logic Controller (PLC), Remote Terminal Unit (RTU), SCADA Communication System), and End-User Industry (Aviation and Defence, Telecom and IT Industry, Chemicals, Power and Energy, Automotive industry, Transportation, Production, Food and beverages, Water and watershed management).
Geographic Analysis
North America commands the largest market share in global Data Acquisition (DAQ) market, the reason being the growing adoption of relevant and related technology. Europe holds the second largest market share followed by Asia Pacific. The major factor for this rapid growth in these regions is increasing awareness among end users and rising demand for advanced wireless applications.
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Key Players
The leading players in the DAQsegment are ABB Ltd., Advantech, Agilent Technologies, Campbell Scientific, Data Translation, Schneider Electric, Honeywell International, Siemens AG, Rockwell Automation, MathWorks, General Electric, Omron, Alstom, Yokogawa Electric Co. and Emerson Electric Co.
Report ContentsRegional AnalysisReport Highlights
Market segments
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market - Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players
North America
US and Canada
Latin America
Mexico, Brazil, Argentina and Rest of Latin America
Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe
Eastern Europe
Russia
Poland
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia and New Zealand
Rest of Asia Pacific
Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.
Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage
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About Kenneth Research
Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
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