Report Titled: “Data Acquisition Market – Growth, Trends, and Forecast (2019 – 2024)”
Data Acquisition Marketreport consists of an extensive primary research, as well as an in-depth analysis of the qualitative and quantitative aspects by various industry specialists and professionals, to gain a deeper insight of the market and the overall landscape. Data Acquisition market also shows information of Product awareness, adept workforce, technological advancements, raw material affluence, favorable environment, and rapidly growing product demand are some factors that persistently boost the growth of the Data Acquisition market.
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Scope of the Report:
Major Key Players:
Market Overview:
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Key Market Trends:Human Machine Interface Accounts for Significant Share in the Market- HMIs are used in various locations, such as process control, factory floor, machines, portable handheld devices, etc. Applications of this technology include various appliances, automotive, machine health monitoring, and industrial automation, among others.- An HMI solution not only improves the productivity of the operator but also provides insights into system control and maintenance. For instance, the HMI function of setting off alarms provides visual indicators of a machine’s issue and severity.- Further, technologies, such as Open Platform Communications Unified Architecture, integrated into PC-based machine controls have allowed the safe transmission of encrypted data from machine to cloud and enterprise-level systems.- Owing to the broadening of its functionality, through the integration with PLC applications or PC-based multi-user systems, HMI technology has also found increased adoption in the market.- Moreover, the increasing adoption of Industrial IoT coupled with these benefits of HMI is expected to drive the market growth.United States Presently Holds the Largest Market Share- The United States is on the verge of the fourth industrial revolution, where data is being extensively used for production and integration with a wide range of manufacturing systems across the supply chain.- The country has been one of the leading automotive markets in the world and is home to over 13 major auto manufacturers. The automotive manufacturing industry has been one of the largest revenue generators for the country in the manufacturing sector.- Industrial automation is the primary driving factor, which is expected to drive the demand for the DAQ systems as the increasing adoption of controlling processes without human interference is heavily reliant on data to provide instructions and hence any minor misdirection can lead to drastic losses to the industry.- The United States is a key market for factory automation and the installation of advanced devices and equipment within the North American region. The demand for advanced manufacturing technologies would further enhance the demand for DAQ products in the market.
Competitive Landscape:
Most of the companies present in the market are efficient at the technological front, but require significant support for enhancing their services and expanding their businesses. Thus, mergers and acquisitions offer significant opportunities to gain the attention of a large number of providers across developed regions.
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Data Acquisition Market Covers Following Points in TOC:
1 INTRODUCTION1.1 Study Deliverables1.2 Study Assumptions1.3 Scope of the Study2 RESEARCH METHODOLOGY3 EXECUTIVE SUMMARY4 MARKET DYNAMICS4.1 Market Overview4.2 Introduction to Market Drivers and Restraints4.3Market Drivers4.3.1 Increasing Investments in the Infrastructure and Renewable Energy Sector4.3.2 Advent of Big Data4.3.3 Growing Demand for Open Architecture4.4Market Restraints4.4.1 High Implementation Costs4.4.2 Data Security Concerns4.5 Value Chain Analysis4.6 Industry Attractiveness – Porter’s Five Force Analysis4.6.1 Threat of New Entrants4.6.2 Bargaining Power of Buyers/Consumers4.6.3 Bargaining Power of Suppliers4.6.4 Threat of Substitute Products4.6.5 Intensity of Competitive Rivalry5 MARKET SEGMENTATION5.1By Product Type5.1.1 Peripheral Component Interconnect (PCI)5.1.2 LAN Extensions for Instrumentation (LXI)/ Ethernet5.1.3 VME Extensions for Instrumentation (VXI)5.1.4 PCI Extensions for Instrumentation (PXI)5.1.5 Universal Serial Bus (USB)5.1.6 Standalone5.2By Architecture5.2.1 Hardware5.2.2 Software5.2.3 Services5.3By Component5.3.1 Human Machine Interface (HMI)5.3.2 Programmable Logic Controller (PLC)5.3.3 Remote Terminal Unit (RTU)5.3.4 Other Components5.4By End User5.4.1 Aerospace5.4.2 Industrial5.4.3 Automotive5.4.4 Energy and Power5.4.5 Other End Users5.5 Geography5.5.1 North America5.5.1.1 United States5.5.1.2 Canada5.5.2 Europe5.5.2.1 Germany5.5.2.2 United Kingdom5.5.2.3 France5.5.2.4 Rest of Europe5.5.3 Asia Pacific5.5.3.1 China5.5.3.2 Japan5.5.3.3 India5.5.3.4 Rest of Asia-Pacific5.5.4 Latin America5.5.4.1 Brazil5.5.4.2 Argentina5.5.4.3 Rest of Latin America5.5.5 Middle East and Africa5.5.5.1 UAE5.5.5.2 Saudi Arabia5.5.5.3 Rest of Middle East and Africa6 COMPETITIVE LANDSCAPE6.1 Company Profiles6.1.1 ABB Ltd.6.1.2 Advantech Co. Ltd6.1.3 Agilent Technologies6.1.4 Campbell Scientific Inc.6.1.5 Data Translation Inc.6.1.6 Schneider Electric SE6.1.7 Honeywell International6.1.8 Siemens AG6.1.9 Rockwell Automation Inc.6.1.10 MathWorks Corporation6.1.11 General Electric Ltd6.1.12 Omron Corporation6.1.13 Yokogawa Electric Co.6.1.14 Emerson Electric Co.7 INVESTMENT ANALYSIS8 MARKET OPPORTUNITIES AND FUTURE TRENDS
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