Data Acquisition System (DAQ) Market Share Driven by Industrial Digitalization and Real-Time Monitoring Demand | Valuates Reports

Data Acquisition System (DAQ) Market
The global market for Data Acquisition System (DAQ) was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of %during the forecast period.

View sample report
https://reports.valuates.com/request/sample/QYRE-Auto-30A1739/Global_Data_Acquisition_System_DAQ_Market_Insights_Forecast_to_2028

The Data Acquisition System (DAQ) market is witnessing sustained market growth as industries accelerate digital transformation and adopt data-driven decision-making frameworks. Increasing demand for real-time monitoring, predictive analytics, and automated testing across industrial and infrastructure environments is expanding overall market size. Key market trends include deeper integration of DAQ systems with industrial automation platforms, growing use of edge computing and cloud connectivity, and evolving buyer preference for scalable, high-accuracy solutions that support complex measurement and control requirements.

By type, DAQ Hardware holds a dominant market share, driven by widespread deployment of sensors, signal conditioning units, and data acquisition modules across testing, monitoring, and control applications. Hardware remains essential for ensuring measurement accuracy, reliability, and system robustness. DAQ Software is experiencing faster market growth as users increasingly prioritize advanced analytics, visualization, data management, and integration with enterprise systems, enabling more flexible and intelligent data acquisition workflows.

From an application perspective, Automotive applications lead the market share, supported by extensive use of DAQ systems in vehicle testing, powertrain development, safety validation, and electric mobility programs. The Energy segment represents strong market growth as DAQ solutions are adopted for grid monitoring, renewable energy integration, and asset performance management. Wireless Communication applications contribute significantly to market size through network testing and signal analysis, while Infrastructure applications support steady demand for structural health monitoring and smart infrastructure initiatives.

Leading companies such as National Instruments, Keysight Technologies, Ametek, Teledyne, Fortive, and Yokogawa hold a substantial market share through comprehensive hardware and software portfolios, strong measurement expertise, and global customer reach. These companies focus on modular system design, software-defined measurement platforms, and seamless integration with automation and analytics tools. Competitive positioning in the market increasingly emphasizes system flexibility, data accuracy, cybersecurity, and support for emerging technologies such as electric vehicles, renewable energy systems, and smart infrastructure.

Regionally, North America and Europe account for a significant share of the market, driven by advanced industrial ecosystems, strong research and development activity, and early adoption of automation technologies. Asia-Pacific is experiencing the fastest market growth, led by China, Japan, South Korea, India, and Australia, where rapid industrialization, expanding manufacturing capacity, and investment in smart infrastructure are accelerating demand. Latin America and the Middle East & Africa are emerging steadily as energy projects and infrastructure modernization increase. The market forecast remains positive, supported by continued innovation in measurement technologies, expanding adoption of digital and automated systems, increasing reliance on real-time data, and growing demand for high-performance DAQ solutions across global industries.

Segment by Type

• Hardware
• Software

Segment by Application

• Automotive
• Energy
• Wireless Communication
• Infrastructure

By Company

National Instruments (US), Keysight Technologies (US), Ametek (US), Teledyne (US), Fortive (US), Yokogawa (Japan)

View full report
https://reports.valuates.com/market-reports/QYRE-Auto-30A1739/global-data-acquisition-system-daq

Valuates,
4th Floor,
Balaraj's Arcade,
Whitefield Main road,
Bangalore 560066,

Valuates offers an extensive collection of market research reports that helps companies to take intelligent strategical decisions based on current and forecasted Market trends.

This release was published on openPR.