Data Acquisition (DAQ) System Market

Market Leaders - Data Acquisition System (DAQ) Market

The global DAQ system market size is estimated to grow from USD 1.8 billion in 2020 to USD 2.4 billion by 2025, at a CAGR of 5.3%. The major driving factors of the DAQ system industry are the increasing implementation of Industry 4.0 across aerospace and automotive sectors, technological advancements and flexibility of DAQ systems, and a growing emphasis on data monitoring.

In 2019, the DAQ system market was mainly dominated by National Instruments (US), Keysight Technologies (US), Fortive (US), Ametek (US), Teledyne (US), Yokogawa (Japan), Siemens (Germany), Schneider Electric (France), HBM (Germany), Tektronix (US), Brüel & Kjær (Denmark), Emerson Electric (US), GE (US), Honeywell (US), Rockwell Automation (US), Omron (Japan), Macrodyne (US), Dewetron (Austria), Campbell Scientific (US), Data Translation (US), Dewesoft (Slovenia), Hioki (Japan), Astronova (US), Sefram Instruments (France), Graphtec (Japan), and IMC (Germany). These players have adopted various growth strategies, such as product launches and developments and acquisitions to further expand their presence in the global DAQ system market. Product launches and developments have been the most adopted strategy of major players from 2017 to 2019, which has helped them innovate on their offerings and broaden their customer base.

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National Instruments (US) is the dominant player in the global DAQ system market. It offers products related to data acquisition and control, electronic test and instrumentation, wireless design and test, and engineering education. The company’s data acquisition and control products include hardware, software, and specialty products. The company is focused on catering to the advanced research, automated test equipment, automotive, consumer electronics, commercial aerospace, computers and electronics, continuous process manufacturing, education, government and defense, power, and energy sectors. National Instruments has a strong presence in the Americas, Europe, and APAC.

Keysight Technologies (US) is a major player in the DAQ system market. The company offers solutions related to the design, development, manufacture, installation, deployment, validation, optimization, and secure operation of electronics systems to the communications, networking, and electronics industries. The company operates through 4 business segments, namely Communications Solutions, Electronic Industrial Solutions, Ixia Solutions, and Services Solutions. The company caters to various end-user segments, such as power, energy, automotive, medical, research, and education sectors. Keysight Technologies has manufacturing and R&D facilities in the US, Europe, and APAC.

Related Reports:

Data Acquisition (DAQ) System Market by Offering (Hardware and Software), Speed (High Speed (>100 KS/S), Low Speed (<100 KS/S)), Application (R&D, Field and Manufacturing), Vertical, and Region - Global Forecast 2025

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Report Code
SE 7123
RI Published ON
2/11/2020
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