New York, According to a new market research report published by Global Insight Services “Data Acquisition(DAQ) System Market is expected to reach US$ XX bn by 2031”. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
A Data Acquisition System (DAQ) is a device used to convert physical parameters into digital data for further processing or analysis. DAQ systems are used in a variety of applications, including data logging, process control, and automatic testing. DAQ systems can be used to measure voltage, current, temperature, pressure, and other variables.
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Key Players
- National Instruments Corp
- Keysight Technologies
- Siemens Digital
- Spectris PLC
- Fortive
- ADLINK Technology
- AMETEK Inc
Key Trends and Drivers
The Data Acquisition (DAQ) System Market is driven by the increasing need for data acquisition in various application areas such as automotive, aerospace & defense, healthcare, and others. The DAQ system market is also driven by the growing demand for portable DAQ systems. The key trends observed in the DAQ system market include the increasing adoption of cloud-based DAQ systems, the growing demand for wireless DAQ systems, and the increasing use of DAQ systems in the automotive industry.
The automotive industry is one of the major application areas for DAQ systems. The automotive industry is witnessing a shift from the traditional combustion engine vehicles to the electric vehicles. This shift is driven by the stringent emission regulations, the need for fuel efficiency, and the growing demand for electric vehicles. The electric vehicles require data acquisition for various purposes such as monitoring the battery status, determining the vehicle range, and others.
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Market Segments
By Offering
- Hardware
- Software
By Speed
- High-speed (>100 KS/S)
- Low-speed (<100 KS/S)
By Application
- R&D
- Field
- Manufacturing
By Vertical
- Automotive & Transportation
- Aerospace & Defense
- Power & Energy
- Healthcare
- Food & Beverage
- Others
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About Global Insight Services:
Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.
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