Data Acquisition System (DAQ) Market by Component Type (Hardware, Software), Application (Research and Analysis, Manufacturing and Quality, Asset Condition Monitoring, Design Validation and Repair), End-user, and Region - Global Forecast to 2024

Data Acquisition System (DAQ) Market by Component Type (Hardware, Software), Application (Research and Analysis, Manufacturing and Quality, Asset Condition Monitoring, Design Validation and Repair), End-user, and Region - Global Forecast to 2024

The global DAQ system market size is expected to reach USD 2.6 billion by 2024, at a CAGR of 5.9% from 2019 to 2024
The global DAQ system market size is projected to reach USD 2.6 billion by 2024 from estimated revenue of USD 1.9 billion in 2019, at a CAGR of 5.9% during the forecast period. Increasing importance of the DAQ system and monitoring in sectors like aerospace, energy and power, automotive, telecom, are driving the market in North America, Asia Pacific, and Europe.

“Research and analysis segment is expected to dominate the DAQ system market.”
The research and analysis segment is expected to be the largest market, by application type, during the forecast period. The growth is evident owing to the rising demand for highly accurate, fast and precise DAQ system for testing of these new technologies in fields of wireless communication, autonomous vehicles and connected cars.

“Aerospace, defence and government is expected to dominate the DAQ system market. “
The aerospace and defence segment of the market, by end-user type, is estimated to be the largest during the forecast period. The growth is attributed to heavy investment in the US, France and UK and advent of new technologies like flying urban taxies, connected cars and autonomous vehicles.

“North America to lead the DAQ system market in terms of value.”
North America is the largest market in the DAQ system, followed by Asia Pacific, and Europe. The market is projected to be the fastest-growing market during the forecast period owing to rising investments in aerospace and defence, wireless communication, infrastructure and energy in the US and Canada.

Breakdown of Primaries
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects.

The distribution of primary interviews is as follows:
By Company Type: Tier I–61%, Tier II–20%, and Tier III–19%
By Designation: C-Level–56%, Director Level–30%, and Others–14%
By Region: North America–40%, Europe–30%, Asia Pacific–10%, Middle East & Africa–10%, South America–10%

Note: Others include sales managers, marketing managers, product managers, and product engineers.
The tier of the companies is defined based on their total revenue as of 2017—Tier 1: USD 1 billion, Tier 2: from USD 1 billion to USD 500 million, and Tier 3: <USD 500 million.

The global DAQ system market is dominated by leading players that have an extensive regional presence. The leading players in the DAQ system industry include National Instruments (US), Keysight Technologies (US), Fortive (US), Teledyne (US), and Yokogawa (Japan) and others.

Research Coverage:
The report defines, describes, and forecasts the DAQ system industry, by component type, application, end-user, and region. It also offers detailed qualitative and quantitative analyses of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include the analysis of the competitive landscape, market dynamics, market estimates, in terms of value, and future trends in the DAQ system market.

Key benefits of buying the report:
The report will help market leaders/new entrants in this market in the following ways:
1. This report segments the global DAQ system comprehensively and provides the closest approximations of the revenues for the overall market and the sub-segments across different verticals and regions.
2. The report helps stakeholders understand the pulse of the DAQ system and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to better their position in their businesses. The competitive landscape section includes the competitor ecosystem, new product development, agreement, and acquisitions.

Reasons to buy the report:
The report will help market leaders/new entrants in this market by providing them with the closest approximations of the revenues for the overall DAQ system and the sub-segments. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way. The report will also help stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities


  • INTRODUCTION
    • STUDY OBJECTIVES
    • DEFINITION
    • STUDY SCOPE
      • MARKETS COVERED
      • GEOGRAPHIC SCOPE
    • YEARS CONSIDERED
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY AND PRIMARY RESEARCH
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE GROWTH OPPORTUNITIES IN DAQ SYSTEM MARKET
    • DAQ SYSTEM MARKET, BY VERTICAL (USD MILLION)
    • DAQ SYSTEM MARKET, BY OFFERING (USD MILLION)
    • DAQ SYSTEM MARKET, BY APPLICATION
    • DAQ SYSTEM MARKET IN APAC, BY LIFECYCLE APPLICATION AND COUNTRY
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • VALUE CHAIN ANALYSIS
  • DATA ACQUISITION SYSTEM MARKET, BY OFFERING
    • INTRODUCTION
      • Table DAQ SYSTEM MARKET, BY OFFERING, 2015–2024 (USD MILLION)
    • HARDWARE
      • Table DAQ SYSTEM HARDWARE MARKET, BY DEVICE TYPE,2015–2024 (USD MILLION)
      • Table DAQ SYSTEM HARDWARE MARKET, BY REGION,2015–2024 (USD MILLION)
      • Table DAQ SYSTEM HARDWARE MARKET, BY VERTICAL,2015–2024 (USD MILLION)
      • Table DAQ SYSTEM HARDWARE MARKET, BY LIFECYCLE APPLICATION, 2015–2024 (USD MILLION)
      • EXTERNAL CHASSIS AND MODULES
        • Table DAQ SYSTEM EXTERNAL CHASSIS AND MODULE MARKET,BY REGION, 2015–2024 (USD MILLION)
      • PLUG-IN ANALOG I/O BOARD
        • Table DAQ SYSTEM PLUG-IN ANALOG I/O BOARD MARKET, BY REGION, 2015–2024 (USD MILLION)
    • SOFTWARE
      • Table DAQ SYSTEM SOFTWARE MARKET, BY TYPE, 2015–2024 (USD MILLION)
      • Table DAQ SYSTEM SOFTWARE MARKET, BY REGION, 2015–2024 (USD MILLION)
      • Table DAQ SYSTEM SOFTWARE MARKET, BY LIFECYLE APPLICATION, 2015–2024 (USD MILLION)
      • Table DAQ SYSTEM SOFTWARE MARKET, BY VERTICAL, 2015–2024 (USD MILLION)
      • BUNDLED
        • Table DAQ SYSTEM BUNDLED SOFTWARE MARKET, BY REGION, 2015–2024 (USD MILLION)
      • 3RD PARTY
        • Table 3RD PARTY SOFTWARE MARKET FOR DAQ SYSTEM, BY REGION, 2015–2024 (USD MILLION)
  • DATA ACQUISITION SYSTEM MARKET, BY LIFECYLE APPLICATION
    • INTRODUCTION
      • Table DAQ SYSTEM MARKET, BY LIFECYCLE APPLICATION, 2015–2024 (USD MILLION)
    • R&D
      • DATA ACQUISITION SOFTWARE HELPS REDUCE THE NEED FOR EXTRA STEPS AND ENABLE IMMEDIATE FEEDBACK
        • Table DAQ SYSTEM MARKET FOR R&D, BY REGION, 2015–2024 (USD MILLION)
        • Table DAQ SYSTEM MARKET FOR R&D, BY OFFERING, 2015–2024 (USD MILLION)
    • FIELD
      • COMPETITIVE PRESSURE IS FORCING ENGINEERS TO QUICKLY PERFORM PRODUCT DEVELOPMENT
        • Table DAQ SYSTEM MARKET FOR FIELD, BY REGION, 2015–2024 (USD MILLION)
        • Table DAQ SYSTEM MARKET FOR FIELD, BY OFFERING, 2015–2024 (USD MILLION)
    • MANUFACTURING
      • MANUFACTURING IS EXPECTED TO INCREASE FASTER THAN THE OTHER APPLICATION SECTORS WHICH IS LIKE TO GROW THE DEMAND FOR DATA ACQUISITION
        • Table DAQ SYSTEM MARKET FOR MANUFACTURING, BY REGION, 2015–2024 (USD MILLION)
        • Table DAQ SYSTEM MARKET FOR MANUFACTURING, BY OFFERING, 2015–2024 (USD MILLION)
  • DATA ACQUISITION SYSTEM MARKET, BY VERTICAL
    • INTRODUCTION
      • Table DAQ SYSTEM MARKET, BY VERTICAL, 2015–2024 (USD MILLION)
    • AUTOMOTIVE & TRANSPORTATION
      • AUTONOMOUS DRIVING, CONNECTIVITY, AND ELECTRIC MOBILITY ARE ALL ASPECTS THAT ARE EXPECTED TO DRIVE THE DEMAND FOR DATA ACQUISITION SYSTEMS IN AUTOMOTIVE INDUSTRY DURING THE FORECAST PERIOD
        • Table AUTOMOTIVE AND TRANSPORTATION DAQ SYSTEM MARKET, BY REGION, 2015–2024 (USD MILLION)
        • Table AUTOMOTIVE AND TRANSPORTATION DAQ SYSTEM MARKET, BY OFFERING, 2015–2024 (USD MILLION)
        • Table AUTOMOTIVE AND TRANSPORTATION DAQ SYSTEM MARKET, BY DEVICE TYPE, 2015–2024 (USD MILLION)
    • AEROSPACE & DEFENSE
      • IN AEROSPACE DATA ACQUISITION SYSTEMS ARE USED FOR CARRYING OUT FLIGHT EXPERIMENTS
        • Table AEROSPACE AND DEFENCE DAQ SYSTEM MARKET, BY REGION, 2015–2024 (USD MILLION)
        • Table AEROSPACE AND DEFENCE DAQ SYSTEM MARKET, BY OFFERING, 2015–2024 (USD MILLION)
        • Table AEROSPACE AND DEFENCE DAQ SYSTEM MARKET, BY DEVICE TYPE, 2015–2024 (USD MILLION)
    • ENERGY & POWER
      • DATA ACQUISITION PLAYS A CRUCIAL ROLE IN MAINTAINING OPERATIONAL SAFETY AND EFFICIENCY OF POWER PLANTS.
        • Table ENERGY & POWER DAQ SYSTEM MARKET, BY REGION, 2015–2024 (USD MILLION)
        • Table ENERGY & POWER DAQ SYSTEM MARKET, BY OFFERING, 2015–2024 (USD MILLION)
        • Table ENERGY & POWER DAQ SYSTEM MARKET, BY DEVICE TYPE, 2015–2024 (USD MILLION)
    • ACADEMIC AND RESEARCH
      • DATA ACQUISITION SYSTEMS INCREASE PRODUCTIVITY AND PROVIDE ACCURACY AND FLEXIBILITY
        • Table ACADEMIC AND RESEARCH DAQ SYSTEM MARKET, BY REGION, 2015–2024 (USD MILLION)
        • Table ACADEMIC AND RESEARCH DAQ SYSTEM MARKET, BY OFFERING, 2015–2024 (USD MILLION)
        • Table ACADEMIC AND RESEARCH DAQ SYSTEM MARKET, BY DEVICE TYPE, 2015–2024 (USD MILLION)
    • ENVIRONMENTAL MONITORING
      • DATA ACQUISITION SYSTEMS IN ENVIRONMENTAL MONITORING HELPS TO REDUCE MAN-HOURS AND AVOID TRANSCRIPTION ERRORS
        • Table ENVIRONMENTAL MONITORING DAQ SYSTEM MARKET, BY REGION, 2015–2024 (USD MILLION)
        • Table ENVIRONMENTAL MONITORING DAQ SYSTEM MARKET, BY OFFERING, 2015–2024 (USD MILLION)
        • Table ENVIRONMENTAL MONITORING DAQ SYSTEM MARKET, BY DEVICE TYPE, 2015–2024 (USD MILLION)
    • FOOD & BEVERAGES
      • DATA ACQUISITION SYSTEMS HELPS DIGITAL RECORDING OF DATA AT ITS BEST IN THE FOOD& BEVERAGE PROCESSES
        • Table FOOD & BEVERAGES DAQ SYSTEM MARKET, BY REGION, 2015–2024 (USD MILLION)
        • Table FOOD & BEVERAGES DAQ SYSTEM MARKET, BY OFFERING, 2015–2024 (USD MILLION)
        • Table FOOD & BEVERAGES DAQ SYSTEM MARKET, BY DEVICE TYPE, 2015–2024 (USD MILLION)
    • HEALTHCARE
      • USE OF DATA ACQUISITION SYSTEMS HELPS TO PROVIDE BETTER PREDICTIVE ANALYTICS
        • Table HEALTHCARE DAQ SYSTEM MARKET, BY REGION, 2015–2024 (USD MILLION)
        • Table HEALTHCARE DAQ SYSTEM MARKET, BY OFFERING, 2015–2024 (USD MILLION)
        • Table HEALTHCARE DAQ SYSTEM MARKET, BY DEVICE TYPE, 2015–2024 (USD MILLION)
    • OTHERS
      • DATA ACQUISITION SYSTEM IS USED IN THE CHEMICALS INDUSTRY FOR DISPLAYING INFORMATION IN A CONTROL ROOM
        • Table OTHERS DAQ SYSTEM MARKET, BY REGION, 2015–2024 (USD MILLION)
        • Table OTHERS DAQ SYSTEM MARKET, BY OFFERING, 2015–2024 (USD MILLION)
        • Table OTHERS DAQ SYSTEM MARKET, BY DEVICE TYPE, 2015–2024 (USD MILLION)
  • GEOGRAPHIC ANALYSIS
    • INTRODUCTION
      • Table DAQ SYSTEM MARKET, BY REGION, 2015–2024 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA DAQ SYSTEM MARKET, BY OFFERING, 2015–2024 (USD MILLION)
      • Table DAQ SYSTEM HARDWARE MARKET, BY DEVICE TYPE, 2015–2024 (USD MILLION)
      • Table NORTH AMERICA DAQ SYSTEM SOFTWARE MARKET, BY TYPE, 2015–2024 (USD MILLION)
      • Table NORTH AMERICA DAQ SYSTEM MARKET, BY LIFECYCLE APPLICATION, 2015–2024 (USD MILLION)
      • Table NORTH AMERICA DAQ SYSTEM MARKET, BY VERTICAL, 2015–2024 (USD MILLION)
      • Table NORTH AMERICA DAQ SYSTEM MARKET, BY COUNTRY, 2015–2024 (USD MILLION)
      • US
      • CANADA
      • MEXICO
    • EUROPE
      • Table EUROPE DAQ SYSTEM MARKET, BY OFFERING, 2015–2024 (USD MILLION)
      • Table EUROPE DAQ SYSTEM MARKET, BY DEVICE TYPE, 2015–2024 (USD MILLION)
      • Table EUROPE DAQ SYSTEM MARKET, BY TYPE, 2015–2024 (USD MILLION)
      • Table EUROPE DAQ SYSTEM MARKET, BY LIFECYCLE APPLICATION, 2015–2024 (USD MILLION)
      • Table EUROPE DAQ SYSTEM MARKET, BY VERTICAL, 2015–2024 (USD MILLION)
      • Table EUROPE DAQ SYSTEM MARKET, BY COUNTRY, 2015–2024 (USD MILLION)
      • UK
      • GERMANY
      • FRANCE
      • REST OF EUROPE
    • APAC
      • Table APAC DAQ SYSTEM MARKET, BY OFFERING, 2015–2024 (USD MILLION)
      • Table APAC DAQ SYSTEM MARKET, BY DEVICE TYPE, 2015–2024 (USD MILLION)
      • Table APAC DAQ SYSTEM MARKET, BY TYPE, 2015–2024 (USD MILLION)
      • Table APAC DAQ SYSTEM MARKET, BY LIFECYCLE APPLICATION, 2015–2024 (USD MILLION)
      • Table APAC DAQ SYSTEM MARKET, BY VERTICAL, 2015–2024 (USD MILLION)
      • Table APAC DAQ SYSTEM MARKET, BY COUNTRY, 2015–2024 (USD MILLION)
      • CHINA
      • JAPAN
      • INDIA
      • SOUTH KOREA
      • REST OF APAC
    • ROW
      • Table ROW DAQ SYSTEM MARKET, BY OFFERING, 2015–2024 (USD MILLION)
      • Table ROW DAQ SYSTEM MARKET, BY DEVICE TYPE, 2015–2024 (USD MILLION)
      • Table ROW DAQ SYSTEM MARKET, BY TYPE, 2015–2024 (USD MILLION)
      • Table ROW DAQ SYSTEM MARKET, BY LIFECYCLE APPLICATION, 2015–2024, (USD MILLION)
      • Table ROW DAQ SYSTEM MARKET, BY VERTICAL, 2015–2024, (USD MILLION)
      • Table ROW DAQ SYSTEM MARKET, BY REGION, 2015–2024 (USD MILLION)
      • MIDDLE EAST AND AFRICA (MEA)
      • SOUTH AMERICA
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET RANK ANALYSIS
      • Table MAJOR DAQ SYSTEM MANUFACTURERS
    • COMPETITIVE SITUATIONS AND TRENDS
      • PRODUCT LAUNCHES
        • Table PRODUCT LAUNCHES (TOP 10 PRODUCT LAUNCH, 2015–2018)
      • MERGERS & ACQUISITIONS
        • Table MERGERS & ACQUISITIONS (2015–2018)
      • OTHERS
        • Table PARTNERSHIPS, AGREEMENTS, CONTRACTS AND OTHERS (2015–2018)
    • COMPETITIVE LEADERSHIP MAPPING
      • VISIONARY LEADERS
      • DYNAMIC DIFFERENTIATORS
      • INNOVATORS
      • EMERGING COMPANIES
    • BUSINESS STRATEGY EXCELLENCE (FOR ALL 25 PLAYERS)
    • PRODUCT OFFERING (FOR ALL 25 PLAYERS)
  • COMPANY PROFILES
    • KEY PLAYERS
      • NATIONAL INSTRUMENTS
      • KEYSIGHT TECHNOLOGIES
      • SIEMENS AG
      • HBM
      • YOKOGAWA ELECTRIC CO.
      • AMETEK
      • ABB LTD
      • BRUEL & KJAER SOUND & VIBRATION
      • EMERSON ELECTRIC CO.
      • GENRAL ELECTRIC CO.
      • HONEYWELL INTERNATIONAL
      • ROCKWELL AUTOMATION
      • OMRON CORPORATION
    • OTHER COMPANIES
      • MATHWORKS
      • AGILENT TECHNOLOGIES INC
      • CAMPBELL SCIENTIFIC
      • DATA TRANSLATION, INC
      • TELEDYNE TECHNOLOGIES INC
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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