Industrial Data Acquisitions Systems Market Overview
Industrial Data Acquisitions Systems Market, this device is able to handle hostile temperatures and electrical environments& this system includes DAQ hardware, sensors and actuators, signal conditioning hardware, and a computer running the DAQ software. Data acquisitions system is an information system that collects, stores, and distribution information, this system consist of transducer, signal conditioning, data conversion, data processing, multiplexing. Transducer is used to handling data of acquisitions system. Industrial data acquisition systems are suitable for industrial and monitoring applications. Signal amplifiers offer high end signal conditioning with 24-bit resolution this industrial data acquisition system is integrated with the award-winning Dewesoft X data acquisition software. Firstly, this system collects the data without losing a single sample. Also provides excellent data visualization and processing capabilities. Rising use of Industrial Data Acquisition Systems in recycling processes across diverse industries is propelling the demand in the market. Industrial data acquisitions system market size accounted for US$ 1.6 billion in 2020 and is estimated to be US$2.79 Billion by 2030 and is anticipated to register a CAGR of 5.7%.
Industrial Data Acquisitions Systems Market Dynamics
Rising adoption of PC-based DAQ systems
Increasing adoption of PC-based data acquisition systems instead of traditional data acquisition systems, growing need for flexible, cost-effective and time-saving DAQ systems, availability of software-based customization required by end-users, and adverse adoption of IoT are some of the factors Market drivers. The information acquisition business is being driven forward by the comprehensive use of industrial automation and smart manufacturing. This includes tracking multiple structure parameters and monitoring multiple information sources while exchanging data in real-time with PLCs, databases, maintenance applications and current information-gathering systems to gain additional visibility into machine and floor operations. Data security concerns, interfacing and signal conditioning complications, and software compatibility issues may restrain the growth of the industrial data acquisition systems market.
Technological advancement
Increasing emphasis on data monitoring, growing demand for big data analytics for product testing, and technological advancements and flexibility of data acquisition systems drive the market growth. DAQ systems are becoming increasingly complex due to technological advances in the design and development of these devices. This creates a demand for higher test capabilities and requires manufacturers to constantly upgrade their existing technology data acquisition systems also need to adhere to various technical standards and this increases the cost of DAQ systems.
In August 2022, Roush Yates Engines Seconds the Motion for Automated Data Acquisition, this is the New data collection technology ensures speed, accuracy, scalability and security. Roush Yates Manufacturing Solutions (RYMS), anchored by this credo, influences how it continuously evaluates and determines the best ways to leverage technology for its world-class manufacturing operations.
Industrial Data Acquisitions Systems Market Segmentation
Source: Prophecy Market Insights
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
The Global Industrial Data Acquisitions Systems Market is segmented based on type, application, and region.
On the basis of type, the Global Industrial Data Acquisitions Systems Market is segmented into External Chassis and Modules Plug-In Analog I/O Boards, and Software. On the basis of application, Power Industry, Oil and Gas Industry, Water and Wastewater Industry, Chemical Industry. The modular data acquisition system is furnished with flexible software and efficient signal conditioning and analog-to-digital converters. Efficient signal conditioning provides high accuracy, noise removal and safety.
Regional Insights:
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
On region the Global Industrial Data Acquisitions Systems Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is a lucrative market for data acquisition systems due to support of strategic initiatives, increased industrial automation and widespread acceptance of SCADA, PLC and HMI technology
In August 2022, Use of Manufacturing Execution Systems Projected to Increase, Asia-Pacific was the largest region in the manufacturing execution system market in 2021.
Report Scope:
|
Attribute |
Details |
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Base year for estimation |
2020 |
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Forecast period |
2020 – 2030 |
|
Market representation |
Revenue in USD Million & CAGR from 2020 to 2030 |
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Market Segmentation |
By Type – External Chassis and Modules, Plug-In Analog I/O Boards, and Software By Application – Power Industry, Oil and Gas Industry, Water and Wastewater Industry, Chemical Industry. |
|
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
|
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the Global Industrial Data Acquisitions Systems Market report based on test, application, and region:
Global Industrial Data Acquisitions Systems Market, By Type:
- External Chassis and Modules
- Plug-In Analog I/O Boards
- Software
Global Industrial Data Acquisitions Systems Market, By Application:
- Power Industry
- Oil and Gas Industry
- Water and Wastewater Industry
- Chemical Industry.
Global Industrial Data Acquisitions Systems Market, By Region:
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- North America
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- U.S.
- Canada
-
- Europe
-
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
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- Asia Pacific
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- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- North America
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Industrial Data Acquisitions Systems Market Key Players
The key players operating the Global Industrial Data Acquisitions Systems Market includes AMETEK, Keysight Technologies, Spectris, Yokogawa, ABB, Acromag, ADLINK Technology, Advantech, Alstom, Bruel & Kjaer. Prominent players operating in the target market are focusing on the strategic partnerships as well as launching the new EOS-JNX is a vision system of the products in order to gain competitive edge in the target market. For instance, In March 2022, ADLINK Launches NVIDIA Jetson Xavier NX-based Industrial 4-channel PoE AI Vision System the EOS-JNX series is a hassle-free, compact, reliable and fully integrated vision system for all edge AI applications, with superior hardware design and deploy-to-deploy, processing real-time visual intelligence with EVA SDK software tools.
Industrial Data Acquisitions Systems Market Company Profile
- AMETEK *
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Keysight Technologies
- Spectris
- Yokogawa
- ABB
- Acromag
- ADLINK Technology
- Advantech
- Alstom
- Bruel & Kjaer
“*” marked represents similar segmentation in other categories in the respective section
Industrial Data Acquisitions Systems Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for medical carts Strategies
- Key Questions this Study will Answer
- Market Snippet, By Type
- Market Snippet, By Application
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Global Industrial Data Acquisitions Systems Market, By Type
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- External Chassis and Modules
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Plug-In Analog I/O Boards
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Software
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Industrial Data Acquisitions Systems Market, By Application, 2020 – 2030, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Power Industry
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Oil and Gas Industry
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Water and Wastewater Industry
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Chemical Industry
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Industrial Data Acquisitions Systems Market, By Region, 2020 – 2030, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Bn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- AMETEK
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Keysight Technologies
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Spectris
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Yokogawa
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- ABB
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Acromag
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- ADLINK Technology
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Advantech
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Alstom
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Bruel & Kjaer
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Last Word
- Future Impact
- About Us
- Contact
Industrial Data Acquisitions Systems Market Highlights
FAQs
The Industrial Data Acquisitions Systems Market is segmented into basis of on type, application, and region.
Increasing adoption of PC-based data acquisition systems instead of traditional data acquisition systems, growing need for flexible, cost-effective and time-saving DAQ systems, availability of software-based customization required by end-users, and adverse adoption of IoT are some of the factors. Market drivers.
By region, Asia Pacific is a lucrative market for data acquisition systems due to support of strategic initiatives, increased industrial automation and widespread acceptance of SCADA, PLC and HMI technology.
The Key players operating in the Industrial Data Acquisitions Systems Market includes AMETEK, Keysight Technologies, Spectris, Yokogawa, ABB, Acromag, ADLINK Technology, Advantech, Alstom, Bruel & Kjaer.