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Top Factor Driving Industrial Data Acquisitions System Market Growth in 2025: Impact Of Factory Automation On The Industrial Data Acquisition System Market
How Big Is the Industrial Data Acquisitions System Market Expected to Be, and What Will Its Growth Rate Be?The industrial data acquisition system market will grow from $40.74 billion in 2024 to $43.42 billion in 2025, at a CAGR of 6.6%. Growth is driven by the rising demand for wireless data acquisition systems, focus on industrial automation, stringent government regulations, real-time monitoring, and cloud-based solutions.
The Industrial Data Acquisition System market is expected to grow to $55.27 billion by 2029 at a CAGR of 6.2%, driven by industrial infrastructure expansion, energy efficiency, and predictive maintenance. Trends include IoT and AI integration and Industry 4.0 adoption.
What Are the Primary Growth Drivers for the Industrial Data Acquisitions System Market?
The adoption of factory automation is projected to drive the growth of the industrial data acquisition system market. Factory automation integrates advanced machinery, robotics, AI, and digital technologies to automate production, increase efficiency, and minimize human intervention. The rising adoption of factory automation is driven by the need to improve efficiency, cut costs, enhance product quality, and remain competitive. Automation in industrial data acquisition systems allows real-time monitoring, collection, and analysis of manufacturing data, helping businesses make informed decisions, optimize processes, and predict maintenance needs. For instance, the International Federation of Robotics reported in September 2023 that 553,052 industrial robots were installed globally in 2022, a 5% year-on-year growth. With 73% of robots installed in Asia, factory automation adoption is accelerating the growth of the industrial data acquisition system market.
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Who Are the Dominant Companies Influencing Industrial Data Acquisitions System Market Trends?
Major companies operating in the industrial data acquisitions system market are Siemens AG, Schneider Electric SE, Honeywell International Inc., ABB Ltd., TE Connectivity Ltd., Emerson Electric Co., Rockwell Automation Inc., Omron Corporation, Fluke Corporation, Keysight Technologies Inc., Endress+Hauser Group, Yokogawa Electric Corporation, Phoenix Contact GmbH & Co. KG, Advantech Co. Ltd., National Instruments Corporation, Weidmüller Interface GmbH & Co. KG, Digi International Inc., Dwyer Instruments Inc., Omega Engineering Inc., Beckhoff Automation GmbH & Co. KG, Campbell Scientific Inc., Dataforth Corporation, DEWETRON GmbH, HBM Inc., Lufft GmbH, Moxa Inc.
How Is the Industrial Data Acquisitions System Market Evolving?
In the industrial data acquisition system market, leading companies are developing systems like the industrial data switch to ensure reliable, high-performance data connectivity for critical operations in challenging environments. For example, in June 2024, Red Lion, a US industrial network and automation company, introduced the N-Tron NT116 unmanaged Ethernet switch. This device is designed for environments requiring dependable performance in harsh conditions. The NT116 provides outstanding reliability for data acquisition, Ethernet I/O, and process control with 16 high-performance copper ports. It features surge protection, shock and vibration resistance, and can operate in temperatures from -40°C to 85°C, offering a mean time between failures (MTBF) of 1.2 million hours.
What Are the Different Segmentations in the Industrial Data Acquisitions System Market?
The industrial data acquisitions system market covered in this report is segmented -
1) By Type: External Chassis And Modules, Plug-In Analog I/O boards, Software
2) By Channel: Less Than 32, 32-128, Greater Than 128
3) By End-User Vertical: Water And Waste Treatment, Power And Energy, Automotive, Education And Research, Aerospace And Defense, Paper And Pulp, Chemicals, Other End-User Verticals
Subsegments:
1) By External Chassis And Modules: Rack-Mounted Chassis, Benchtop Chassis, Modular I/O Systems, Integrated Chassis And Modules
2) By Plug-In Analog I/O Boards: Single-Ended Analog I/O Boards, Differential Analog I/O Boards, Voltage Measurement Boards, Current Measurement Boards, Temperature Measurement Boards
3) By Software: Data Acquisition Software (DAQ Software), Signal Processing Software, Data Analysis And Visualization Software, Control And Automation Software, Real-Time Monitoring Software
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Which Region Is at the Forefront of the Industrial Data Acquisitions System Market?
North America was the largest region in the industrial data acquisitions system market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the industrial data acquisitions system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Industrial Data Acquisitions System Global Market Report?
- Market Size Analysis: Analyze the Industrial Data Acquisitions System Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Industrial Data Acquisitions System Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Industrial Data Acquisitions System Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Industrial Data Acquisitions System Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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