Learn about the global data acquisition (DAQ) system market through The Business Research Company, which provides information on data acquisition (DAQ) system market size, data acquisition (DAQ) system market drivers and restraints, data acquisition (DAQ) system market players, the COVID-19 impact on the data acquisition (DAQ) system market, and more.

The global data acquisition system market size is expected to grow from $1.64 billion in 2021 to $1.75 billion in 2022 at a compound annual growth rate (CAGR) of 6.5%. The global DAQ system market size is expected to grow to $2.25 billion in 2026 at a CAGR of 6.6%.

The increasing demand for automation is significantly driving the growth of the data acquisition system market.

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The data acquisition (DAQ) system market consists of sales of data acquisition systems by entities (organizations, sole traders, and partnerships) that can measure and record physical or electrical properties to understand the system’s performance. DAQ systems are computer-based measurement systems that help in measuring an electrical or physical phenomenon such as current, voltage, pressure, temperature, or sound. These systems capture and store data from an actual system for further scientific and engineering review.

Global Data Acquisition (DAQ) System Market Segments Include:

By 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

By Component: Hardware, Software

By Speed: High-Speed (>100 KS/S), Low-Speed (<100 KS/S)

By Application: Research and Analysis, Manufacturing and Quality, Asset Condition Monitoring, Design Validation and Repair

By End-User: Aerospace and Defense, Energy and Power, Automotive and Transportation, Wireless Communication and Infrastructure, Water and Wastewater Treatment, Healthcare, Food and Beverage

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the data acquisition system market in 2021.

Product innovations are the key trends gaining popularity in the data acquisition (DAQ) system market. The market players are developing innovative products for their market growth strategy.

TBRC’s data acquisition (DAQ) system market report covers:

Major Market Players: Siemens AG, National Instruments Corporation, Keysight Technologies, ABB, Fortive Corporation, Emerson Electric Co., General Electric, Schneider Electric, Honeywell, Agilent Technologies, Advantech Co. Ltd, Yokogawa Electric Corporation, Data Translation Inc., Campbell Scientific Inc., and Teledyne.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Data Acquisition (DAQ) System Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides data acquisition (DAQ) system market overviews, analyzes and forecasts market size, share, data acquisition (DAQ) system market players, data acquisition (DAQ) system market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s data acquisition (DAQ) system market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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