Data Acquisition (DAQ) Landscape: Market Research and Insights

The global Data Acquisition (DAQ) System market is estimated at USD 48.9 Billion in 2022 and is forecast to surpass USD 71.4 Billion by 2032, growing at a CAGR of 3.8% from 2022 to 2032.

Data Acquisition (DAQ) System have evolved from scrubbing soaps to novel bath gels and salts. The adoption of fragranced bathroom products is supported by the adoption of trend in aromatherapy attributed to rising concerns regarding body odor. Bath bombs and body washes infused with floral scents and essential oils are gaining popularity as they provide spa-like experience. These factors are estimated to provide a gain of 98 BPS to the Data Acquisition (DAQ) System market during the forecast years of 2022-2032.

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The readability score of the Data Acquisition (DAQ) System Market Demand report is good as it offers chapter-wise layout with each section divided into a smaller sections.

The report encompasses graphs and tables to show the entire assembling. Pictorial demonstration of the definite and estimated values of key segments is visually appealing to readers. 

This Data Acquisition (DAQ) System market outlook report explicates on vital dynamics such as the drivers, restraints and opportunities for key players and competitive analysis of Data Acquisition (DAQ) System along with key stakeholders as well as emerging players associated with the manufacturing of product.

Competitive landscape:

The global market for data acquisition systems is characterized by the presence of multiple vendors, aiming to offer extensive products to consumers. Additionally, key makers are focusing on developing the devices supported by the implementation of stringent government regulations, and are offering solutions tailor-made to suit their business objectives. In addition, the vendors are likely to leverage upgradation and product differentiation to gain an edge over other competitors in the market.

  • In July 2021, Dewesoft signed a sales contract with an Austrian company ELIN Motoren GmbH. The company had fully integrated a mandatory vibration measurement of each produced machine, motor or generator – as part of the final inspection procedure. When searching for a suitable DAQ system, the requirements were to keep it portable, measure vibration and electrical power with just one system (raw data), and that the delivery of the data during the test should flow flawlessly to the KS Tornado testbed. Dewesoft provided the right solution – DewesoftX data acquisition software, and fulfilled its requirement.
  • In July 2021, Spectris acquired Concurrent Real-Time, a provider of high-performance real-time computer systems, solutions, and software for commercial and government markets. Concurrent Real-Time’s RedHawk Linux solutions deliver hard real-time performance in support of the world’s most sophisticated hardware-in-the-loop and man-in-the-loop simulation, high-speed data acquisition, process control, and low-latency transaction processing applications. This will expand Spectris’s abilities to provide sales and support from offices throughout North America, Europe, and Asia.
  • In February 2021Teledyne SP Devices, a business unit of Teledyne Technologies, announced the release of ADQ32, a fourth-generation modular data acquisition board optimized for high-throughput applications.

Key Segments Covered in the Data Acquisition (DAQ) System Industry Report:

  •   By Offering :
    •  Hardware
      • External Chassis and Modules
      • Plug In I/O Analog Boards
    •  Software
      • Bundled
      • Third Party
  •   By Speed :
    • High-Speed (>100 KS/S)
    • Low-Speed (>100 KS/S)
  •   By Application :
    • s for R&D
    • s for Field Applications
    • s for Manufacturing
  •   By Vertical :
    • Automotive & Transportation
    • Aerospace & Defense
    • Power & Energy
    • Wireless Communication & Infrastructure
    • Environmental Monitoring
    • Healthcare
    • Food & Beverage
    • Other Verticals
  •   By Region :
    • North America 
    • Latin America
    • Europe 
    • Asia Pacific 
    • Middle East & Africa 

 

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How will be insights and market estimations provided in the Fact.MR report on the Demand of Data Acquisition (DAQ) System make a difference?

  • The study takes a closer look at the major economic turmoil, with a focus on the recent COVID-19 pandemic disruptions
  • The assessment of key growth dynamics highlights the attractiveness of new automation technologies and offers readers insight on the prospect of these during the forecast period
  • The study tries to offer a balance perspective of the opportunities in mature and the most lackluster markets
  • Provides scrutiny of the industry trends that have shaped recent government policies
  • Provides an account of major breakthroughs in all segments that might change the course of the market considerably
  • Provides an incisive analysis of socio-political milieu in which the key markets operate, and how will that influence the lucrativeness of the overall Data Acquisition (DAQ) System  Market
  • Analyzes how collaborations and partnerships among players from different industries shape the key growth dynamics in the near future
  • Evaluates the role of various stages of funding on new growth avenues in key regional markets 

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