Data Acquisition (DAQ) Hardware Global Market Report 2023: Standalone Systems Facilitate Flexible & Convenient DAQ

Dublin, March 23, 2023 (GLOBE NEWSWIRE) -- The "Data Acquisition (DAQ) Hardware: Global Strategic Business Report" report has been added to's offering.

Global Data Acquisition (DAQ) Hardware Market to Reach $3.1 Billion by 2030

In the changed post COVID-19 business landscape, the global market for Data Acquisition (DAQ) Hardware estimated at US$1.6 Billion in the year 2022, is projected to reach a revised size of US$3.1 Billion by 2030, growing at a CAGR of 8.2% over the analysis period 2022-2030. External Devices, one of the segments analyzed in the report, is projected to record 8.5% CAGR and reach US$2.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Plug-in Cards & Boards segment is readjusted to a revised 7.2% CAGR for the next 8-year period.

The U.S. Market is Estimated at $445.5 Million, While China is Forecast to Grow at 13.2% CAGR

The Data Acquisition (DAQ) Hardware market in the U.S. is estimated at US$445.5 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$741.7 Million by the year 2030 trailing a CAGR of 13.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.5% and 6.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.8% CAGR.

Select Competitors (Total 86 Featured) -

  • 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.

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages293
Forecast Period2020 - 2027
Estimated Market Value (USD) in 2020$1.5 Billion
Forecasted Market Value (USD) by 2027$2.4 Billion
Compound Annual Growth Rate6.9%
Regions CoveredGlobal

Key Topics Covered:




  • Influencer Market Insights
  • World Market Trajectories
  • Data Acquisition (DAQ): An Introductory Prelude
  • Recent Market Activity
  • Healthy Growth Projected over the Coming Years for DAQ Hardware Market
  • Developed Regions Remain Key Revenue Contributors
  • Developing Nations: Hot Spots for Future Market Growth
  • Wide Addressable Market Keeps Growth Momentum Intact
  • Key Applications of DAQ by Category: A Snapshot
  • Technology Advancements & Product Improvements Spur Adoption
  • Select Recently Launched DAQ Hardware Solutions: A Snapshot
  • Favorable Macro Trends to Aid Market Expansion
  • Data Acquisition (DAQ) Hardware - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession



  • External DAQ Devices: Largest & Fastest Growing Category
  • Standalone Systems Facilitate Flexible & Convenient DAQ
  • Plug-in Cards Continue to Grab Attention
  • High-Speed DAQ Systems Proliferate the Market
  • Typical DAQ Card Vs. High-Speed DAQ Card: Brief Comparison
  • Ethernet DAQ Makes Rapid Progress
  • USB DAQ Gains Traction with Ease-of-Use & Flexibility Features
  • LXI Set to Emerge as Preferred Bus Architecture for DAQ
  • PCI Remains Major DAQ Bus Technology
  • PXI for High Performance DAQ Applications
  • VXI DAQ for Automated Test Measurements
  • Wireless DAQ: The Ongoing Trend
  • Smartphones & Tablet PCs Drive Momentum in Wireless DAQ
  • Multi-Functional & Robust DAQ Systems Grab Market Attention
  • Board Size Reduction Leads to Higher Speed
  • Declining Prices and Improving Performance of ADCs
  • DAQ Systems with FPGA Capability
  • Legacy Systems Co-exist with New Systems
  • DAQ Software Influences Hardware Selection
  • The 'Web' Affects Market Dynamics
  • Industrial Manufacturing Sector: Primary Revenue Contributor to DAQ Systems
  • Key Applications for DAQ in Manufacturing Facilities
  • High Thrust on Industrial Automation Creates Fertile Environment
  • Emerging IIoT to Widen the Scope & Span of DAQ
  • Proliferation of M2M Technologies Bodes Well for DAQ Market
  • DAQ Hardware Gears Up for Industry 4.0
  • A Glimpse of First, Second, Third & Fourth Industrial Revolutions
  • DAQ Assumes Critical Importance in Automotives
  • Testing & Measurement Made Easier with DAQ in Aerospace & Defense Applications
  • DAQ Systems to Study ELT Performance Improvement
  • DAQ for Launch Vehicles & Other Space Applications
  • DAQ Seeks Bigger Role in the Sprawling Oil & Gas Sector
  • Investments on DAQ Continue to Soar in Power Sector
  • DAQ Gathers Steam in Life Sciences Research
  • DAQ Seeks to Establish its Role in Diagnosis & Therapy Applications
  • Robust Opportunities in Water Resources, Environment/Climate & Agriculture Applications




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Global Market for Data Acquisition (DAQ) Hardware

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