Data acquisition (DAQ) systems are growing exponentially in complexity due to technology convergence and the advent of the Internet of Things (IoT). In addition, the technical engineering deficit in organizations across industries is growing. Comprehensive DAQ systems and innovative software solutions and services will be in high demand by engineers, who use them to acquire and analyze data for fine-tuning product designs, performing functional testing, and monitoring and maintaining deployed equipment and devices.
Leveraging strong relationships with participants in the DAQ market, in combination with desk research and market expertise accumulated over the past 20 years by tracking and monitoring this space, Frost & Sullivan has developed a detailed study of the DAQ market. This research service analyzes the market from various angles including product, end user, application, signal type, channel count, and region.
Revenue forecasts are provided for the following:
Products: hardware and software
Segments: Ethernet, USB, PXI/PXIe, VXI, standalone/proprietary, PCI/PCIe/cPCI, and software
Signals: sound and vibration, temperature, strain and load, and voltage
Channel count: <40, 40 to 100, and >100
Lifecycle: research and development (R&D), manufacturing, and field
End users: Aerospace and defense, industrial, automotive, power generation, energy, education, and research
Regions: North America, Europe, Asia-Pacific, Emerging Regions
The study also features the market shares of the leading competitors: National Instruments, Keysight Technologies, VTI Instruments, Bruel & Kjaer Sound & Vibration, HBM, and Siemens PLM LMS.
The base year is 2016, with historical data from 2013 to 2015, and a forecast from 2017 to 2023.
Key Questions this Study will Answer:
· What is the growth outlook for DAQ equipment for the next 5 to 7 years?
· What is the total opportunity size from DAQ software from 2016 to 2023?
· Who are the leading market participants and what are their respective strengths and weaknesses?
· What are the key transformational shifts that participants must address to survive/grow in the DAQ market?
· Which segments of the DAQ market should participants focus on to ensure their growth?