The global market for Industrial Data Acquisition Systems is estimated at US$1.1 Billion in 2023 and is projected to reach US$1.3 Billion by 2030, growing at a CAGR of 3.3% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the industrial data acquisition systems market is driven by several factors. Firstly, the increasing complexity of industrial operations and the need for high-quality production outputs press industries to adopt advanced monitoring and data analysis solutions. Secondly, regulatory pressures and standards across various sectors demand rigorous process documentation and control, further propelling the need for IDAS. Technological innovations, particularly in wireless communications and sensor technologies, have also significantly reduced the cost and complexity of deploying these systems, thereby broadening their adoption across small and medium-sized enterprises.
Moreover, the rising trend towards automation and data-driven decision-making in manufacturing environments drives the demand for integrated data acquisition solutions capable of providing deeper insights into operational processes. These factors collectively ensure the continued relevance and expansion of the industrial data acquisition systems market, aligning with broader industrial digitization and efficiency goals.
The growth in the industrial data acquisition systems market is driven by several factors. Firstly, the increasing complexity of industrial operations and the need for high-quality production outputs press industries to adopt advanced monitoring and data analysis solutions. Secondly, regulatory pressures and standards across various sectors demand rigorous process documentation and control, further propelling the need for IDAS. Technological innovations, particularly in wireless communications and sensor technologies, have also significantly reduced the cost and complexity of deploying these systems, thereby broadening their adoption across small and medium-sized enterprises.
Moreover, the rising trend towards automation and data-driven decision-making in manufacturing environments drives the demand for integrated data acquisition solutions capable of providing deeper insights into operational processes. These factors collectively ensure the continued relevance and expansion of the industrial data acquisition systems market, aligning with broader industrial digitization and efficiency goals.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the External Chassis & Modules segment, which is expected to reach US$968.3 Million by 2030 with a CAGR of a 3.3%. The Plug-In Analog I/O Boards segment is also set to grow at 2.7% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $286.5 Million in 2023, and China, forecasted to grow at an impressive 6.4% CAGR to reach $271.8 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Industrial Data Acquisition Systems Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Industrial Data Acquisition Systems Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Industrial Data Acquisition Systems Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 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 major players such as ABB Ltd, ADLINK Technology, Inc., Advantech Co. Ltd, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 86 Featured):
- ABB Ltd
- ADLINK Technology, Inc.
- Advantech Co. Ltd
- AMETEK, Inc. - United Electronic Industries (UEI)
- Beijing GEMOTECH Intelligent Technology
- Curtiss-Wright Corporation
- DAQ Systems Co., Limited
- DATAQ Instruments, Inc.
- Emerson Electric Co.
- Hottinger Brüel & Kjaer GmbH (HBM)
- Keysight Technologies, Inc.
- National Instruments Corporation
- Omron Corporation
- Rockwell Automation Inc.
- Siemens AG
- Tektronix, Inc.
- Yokogawa Electric Co.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISSOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. 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
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd
- ADLINK Technology, Inc.
- Advantech Co. Ltd
- AMETEK, Inc. - United Electronic Industries (UEI)
- Beijing GEMOTECH Intelligent Technology
- Curtiss-Wright Corporation
- DAQ Systems Co., Limited
- DATAQ Instruments, Inc.
- Emerson Electric Co.
- Hottinger Brüel & Kjaer GmbH (HBM)
- Keysight Technologies, Inc.
- National Instruments Corporation
- Omron Corporation
- Rockwell Automation Inc.
- Siemens AG
- Tektronix, Inc.
- Yokogawa Electric Co.
