Covina, Sept. 14, 2022 (GLOBE NEWSWIRE) — The industrial data acquisition systems market was valued at $1.6 trillion in 2020 and is estimated to reach $2.79 trillion by 2030 and is projected to register a CAGR of 5.7%. The data acquisition system is an information system that collects storage and distribution information, this system consists of three main components sensors, a signal conditioning circuit and an analog-to-digital converter. The data acquisition system begins by measuring physical phenomena such as ambient temperature, light intensity, chamber pressure, etc. A transducer or sensor converts these physical phenomena into measurable electrical signals, usually current or voltage. Accessibility of DAQ systems, transmission and supply of medical data, improving quality care. Other factors such as rising investments in the power transmission and distribution (T&D) sector, advancements in wireless communication technology, and increasing industrial automation are expected to drive the market growth in the coming years.
The report “Global Industrial Data Acquisition Systems Market by Type (External Chassis and Modules, Analog I/O Boards and Software), by Application (Electric Power Industry, Oil & Gas Industry, Water & Wastewater Industry, Chemical Industry) and by Region (North America, Europe, Asia Pacific, Latin America and Middle East & Africa) – Market Trends, Analysis and Forecast to 2030.
Key highlights:
- August 2022 Cloudera’s New ‘CDP One’ Removing barriers to adoption of industry-grade Analytics and ML, AI implementation recently launched a new software-as-a-service (SaaS) data lake offering called Cloudera Data Platform One. (CDP) Lakehouse offer. Cloudera handles all the technical issues, meaning customers don’t have to call in-house experts, which can be in short supply.
- In August 2022, Accenture completed the acquisition of Eclipse Automation Eclipse Automation, which creates automated manufacturing systems to create sophisticated products for life sciences, industrial equipment, automotive, energy and consumer goods.
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Analyst’s View:
Industrial data acquisition system is expanding the world, this system is useful in various industries, Data acquisition system provides excellent control and quick response in manufacturing commercial products such as automobiles, aircraft, large machinery and medical equipment. As a result, data acquisition systems find applications in various fields from quality management to combustion analysis, process control to research and development.
Explore 60 market data tables* and 35 figures* through 140 slides and in-depth TOC “Global Industrial Data Acquisition Systems Market, by Type (External Chassis and Modules, Pluggable I/O Boards and Software), by Application. (Energy Industry, Petroleum and gas industry, water and wastewater industry, chemical industry) and by region (North America, Europe, Asia Pacific, Latin America and the Middle East and Africa) – Market Trends, Analysis and Forecast to 2030”
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Key Market Insights from the Report:
The global market for industrial data acquisition systems was valued at USD 1.6 billion in 2020 and is estimated to reach USD 2.79 billion by 2030 and is expected to register a CAGR of 5.7%. The global industrial data acquisition systems market is segmented by Type, Application, and Region.
- By type, the global industrial data acquisition systems market is segmented into external chassis and modules, pluggable analog I/O boards, and software.
- On the basis of application, the Industrial Data Acquisition Systems Market is segmented into Energy Industry, Oil & Gas Industry, Water & Waste Industry, Chemical Industry.
- Regionally, the Industrial Data Acquisition Systems Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Competitive Landscape and Strategies of the Global Industrial Data Acquisition Systems Market:
Key players operating in the Industrial Data Acquisition Systems Market include AMETEK, Keysight Technologies, Spectris, Yokogawa, ABB, Acromag, ADLINK Technology, Advantech, Alstom, Bruel & Kjaer.
The market provides detailed information on industry base, productivity, strengths, manufacturers and latest trends that will help companies scale up their business and promote financial growth. Furthermore, the report reveals dynamic factors including segments, sub-segments, regional markets, competition, major key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks in different regions that influence the trajectory of the market. The latest technological advancements and innovations impacting the global market are covered in the report.
Scope of the report:
- Global Industrial Data Acquisition Systems Market by Type
- General view
- Market Value and Forecast (USD Million) and Share Analysis (%), 2020-2030
- Annual growth analysis (%), 2020 – 2030
- Segment trends
- External chassis and modules
- General view
- Market Size and Forecast (USD Million) and Year-on-Year Growth (%), 2020-2030
- Pluggable analog I/O boards
- General view
- Market Size and Forecast (USD Million) and Year-on-Year Growth (%), 2020-2030
- The software
- General view
- Market Size and Forecast (USD Million) and Year-on-Year Growth (%), 2020-2030
- General view
- Global Industrial Data Acquisition Systems Market, By Application, 2020-2030, ($ Million)
- General view
- Market Value and Forecast (USD Million) and Share Analysis (%), 2020-2030
- Annual growth analysis (%), 2020 – 2030
- Segment trends
- Energy industry
- General view
- Market Size and Forecast (USD Million) and Year-on-Year Growth (%), 2020-2030
- Oil and Gas Industry
- General view
- Market Size and Forecast (USD Million) and Year-on-Year Growth (%), 2020-2030
- Water and Waste Industry
- General view
- Market Size and Forecast (USD Million) and Year-on-Year Growth (%), 2020-2030
- Chemical industry
- General view
- Market Size and Forecast (USD Million) and Year-on-Year Growth (%), 2020-2030
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- General view
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Some important points answered in this market report are given below:
- It outlines the overview of the product portfolio, including product development, planning and positioning
- It details key operational strategies with a focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.
- Detailed analysis of market revenue during the forecast period.
- Analyzing various perspectives of the market with the help of Porter’s five forces analysis, PEST and SWOT Analysis.
- Analysis of the segments that will dominate the market.
- Analysis of the region that will witness the highest growth during the forecast period
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