The global market for Data Acquisition (DAQ) Hardware was valued at US$2.1 Billion in 2024 and is projected to reach US$3.1 Billion by 2030, growing at a CAGR of 6.8% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
Technological advancements have significantly reshaped the DAQ hardware landscape, leading to improvements in speed, accuracy, and overall functionality. The integration of advanced technologies such as artificial intelligence (AI), machine learning, and the Internet of Things (IoT) has revolutionized DAQ systems, enabling more sophisticated data analysis and predictive maintenance capabilities. Modern DAQ hardware now features higher resolution, faster sampling rates, and greater channel counts, which are crucial for capturing detailed data from high-speed and high-precision processes. Additionally, the miniaturization of components and the development of portable and wireless DAQ solutions have expanded their applicability in remote and challenging environments. Innovations in software interfaces, coupled with the rise of cloud-based data storage and analytics platforms, have further enhanced the efficiency, scalability, and accessibility of DAQ systems. These advancements make DAQ hardware more user-friendly and versatile, supporting a broader range of applications and industries.
Data acquisition (DAQ) hardware is essential for the accurate collection, analysis, and processing of data from real-world environments. DAQ systems play a critical role in converting physical phenomena - such as temperature, pressure, sound, and light - into digital data that can be analyzed and stored for various applications. These systems typically consist of a combination of sensors, signal conditioning hardware, and analog-to-digital converters, which work together to ensure precise data capture. DAQ hardware is indispensable in numerous fields, including aerospace, automotive, telecommunications, healthcare, and manufacturing. Each of these industries relies on DAQ systems for monitoring and optimizing operations, ensuring quality control, conducting research and development, and driving technological innovation. The demand for high-performance DAQ systems is driven by the need for precise measurements and real-time data processing capabilities in increasingly complex and dynamic environments.
Data Acquisition (DAQ) Hardware - Key Trends and Drivers
The growth in the data acquisition hardware market is driven by several factors. Firstly, the increasing complexity and precision requirements of industrial and scientific applications propel the demand for advanced DAQ systems. As industries strive for higher efficiency and performance, the need for accurate and reliable data acquisition becomes paramount. The rising adoption of IoT and smart technologies across various sectors significantly enhances the need for robust data collection and analysis tools. These technologies require seamless integration with DAQ systems to gather and interpret vast amounts of data from interconnected devices and sensors. Moreover, the expansion of industries such as aerospace, automotive, and healthcare, where precise data acquisition is crucial for performance monitoring, safety, and regulatory compliance, significantly boosts market growth. The trend towards automation and digitalization in manufacturing processes also generates substantial demand for DAQ hardware to ensure operational efficiency and maintain stringent quality control standards. Additionally, the continuous evolution of wireless and portable DAQ systems meets the growing need for flexible and mobile data acquisition solutions in diverse operational settings, from field research to on-site industrial monitoring. These factors, combined with ongoing advancements in sensor technology, data analytics, and user interfaces, are expected to sustain the robust growth of the data acquisition hardware market in the coming years.Technological advancements have significantly reshaped the DAQ hardware landscape, leading to improvements in speed, accuracy, and overall functionality. The integration of advanced technologies such as artificial intelligence (AI), machine learning, and the Internet of Things (IoT) has revolutionized DAQ systems, enabling more sophisticated data analysis and predictive maintenance capabilities. Modern DAQ hardware now features higher resolution, faster sampling rates, and greater channel counts, which are crucial for capturing detailed data from high-speed and high-precision processes. Additionally, the miniaturization of components and the development of portable and wireless DAQ solutions have expanded their applicability in remote and challenging environments. Innovations in software interfaces, coupled with the rise of cloud-based data storage and analytics platforms, have further enhanced the efficiency, scalability, and accessibility of DAQ systems. These advancements make DAQ hardware more user-friendly and versatile, supporting a broader range of applications and industries.
Data acquisition (DAQ) hardware is essential for the accurate collection, analysis, and processing of data from real-world environments. DAQ systems play a critical role in converting physical phenomena - such as temperature, pressure, sound, and light - into digital data that can be analyzed and stored for various applications. These systems typically consist of a combination of sensors, signal conditioning hardware, and analog-to-digital converters, which work together to ensure precise data capture. DAQ hardware is indispensable in numerous fields, including aerospace, automotive, telecommunications, healthcare, and manufacturing. Each of these industries relies on DAQ systems for monitoring and optimizing operations, ensuring quality control, conducting research and development, and driving technological innovation. The demand for high-performance DAQ systems is driven by the need for precise measurements and real-time data processing capabilities in increasingly complex and dynamic environments.
Report Scope
The report analyzes the Data Acquisition (DAQ) Hardware market, presented in terms of market value (USD). The analysis covers the key segments and geographic regions outlined below.Segments
Product Segment (External Devices, Plug-in Cards & Boards).Geographic Regions/Countries
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.Key Insights:
- Market Growth: Understand the significant growth trajectory of the External Devices segment, which is expected to reach US$2.4 Billion by 2030 with a CAGR of a 7%. The Plug-in Cards & Boards segment is also set to grow at 6.1% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $531.9 Million in 2024, and China, forecasted to grow at an impressive 10.4% CAGR to reach $741.7 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Data Acquisition (DAQ) Hardware Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Data Acquisition (DAQ) Hardware Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Data Acquisition (DAQ) Hardware Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of players such as ADInstruments Ltd., AMETEK Inc., Campbell Scientific Inc., DATAQ Instruments Inc., Fortive Corp. and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 86 companies featured in this Data Acquisition (DAQ) Hardware market report include:
- ADInstruments Ltd.
- AMETEK Inc.
- Campbell Scientific Inc.
- DATAQ Instruments Inc.
- Fortive Corp.
- General Electric Company
- Honeywell International, Inc.
- Keysight Technologies Inc.
- Mantracourt Electronics Ltd.
- Measurement Computing Corp.
- National Instruments Corporation
- PRUFTECHNIK Dieter Busch AG
- Red Lion Controls Inc.
- Spectris Plc
- Yokogawa Electric Corp.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
SOUTH KOREA
REST OF ASIA-PACIFIC
LATIN AMERICA
ARGENTINA
BRAZIL
MEXICO
REST OF LATIN AMERICA
MIDDLE EAST
IRAN
ISRAEL
SAUDI ARABIA
UNITED ARAB EMIRATES
REST OF MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ADInstruments Ltd.
- AMETEK Inc.
- Campbell Scientific Inc.
- DATAQ Instruments Inc.
- Fortive Corp.
- General Electric Company
- Honeywell International, Inc.
- Keysight Technologies Inc.
- Mantracourt Electronics Ltd.
- Measurement Computing Corp.
- National Instruments Corporation
- PRUFTECHNIK Dieter Busch AG
- Red Lion Controls Inc.
- Spectris Plc
- Yokogawa Electric Corp.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 293 |
| Published | February 2025 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 2.1 Billion |
| Forecasted Market Value ( USD | $ 3.1 Billion |
| Compound Annual Growth Rate | 6.8% |
| Regions Covered | Global |
