This report describes and explains the data acquisition (DAQ) system market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region. 
The global data acquisition (DAQ) system market reached a value of nearly $1.91 billion in 2024, having grown at a compound annual growth rate (CAGR) of 3.71% since 2019. The market is expected to grow from $1.91 billion in 2024 to $2.48 billion in 2029 at a rate of 5.37%. The market is then expected to grow at a CAGR of 5.21% from 2029 and reach $3.2 billion in 2034.
Growth in the historic period resulted from the rising adoption of IoT, increasing adoption of cloud services, surge in renewable energy adoption and growth of the automotive sector. Factors that negatively affected growth in the historic period were data security and privacy concerns.
Going forward, development of 5G networks, growing industrial automation, integration with artificial intelligence and rising investment in smart cities will drive the growth. Factor that could hinder the growth of the data acquisition (DAQ) system market in the future include limited skilled workforce.
The global data acquisition (DAQ) system market is fairly fragmented, with large number of small players operating in the market. The top ten competitors in the market made up to 20.45% of the total market in 2023. Emerson Electric Co. was the largest competitor with a 4.92% share of the market, followed by HBK World. with 4.30%, Keysight Technologies Inc. with 4.30%, Dewesoft. with 1.34%, DEWETRON. with 1.02%, Siemens AG. with 1.00%, Spectris PLC (HBM and Bruel & Kjaer and Omega). with 0.96%, Tektronix, Inc. with 0.90%, General Electric (GE) Company. with 0.88% and Schneider Electric. with 0.85%.
North America was the largest region in the data acquisition (DAQ) system market, accounting for 34.09% or $652.17 million of the total in 2024. It was followed by Asia Pacific, Western Europe and then the other regions. Going forward, the fastest-growing regions in the data acquisition (DAQ) system market will be Asia Pacific and South America where growth will be at CAGRs of 8.28% and 6.59% respectively. These will be followed by Eastern Europe and Africa where the markets are expected to grow at CAGRs of 6.03% and 5.13% respectively.
The data acquisition (DAQ) system market is segmented by type into peripheral component interconnect (PCI), LAN extensions for instrumentation (LXI) or ethernet, VME extensions for instrumentation (VXI), PCI extensions for instrumentation (PXI), universal serial bus (USB) and standalone. The peripheral component interconnect (PCI) market was the largest segment of the data acquisition (DAQ) system market segmented by type, accounting for 29.75% or $569.25 million of the total in 2024. Going forward, the PCI extensions for instrumentation (PXI) segment is expected to be the fastest growing segment in the data acquisition (DAQ) system market segmented by type, at a CAGR of 8.39% during 2024-2029.
The data acquisition (DAQ) system market is segmented by component into hardware and software. The hardware market was the largest segment of the data acquisition (DAQ) system market segmented by component, accounting for 59.66% or $1.14 billion of the total in 2024. Going forward, the software segment is expected to be the fastest growing segment in the data acquisition (DAQ) system market segmented by component, at a CAGR of 6.29% during 2024-2029.
The data acquisition (DAQ) system market is segmented by speed into high-speed (>100 KS/S) and low-speed (< 100 KS/S). The high-speed (>100 KS/S) market was the largest segment of the data acquisition (DAQ) system market segmented by speed, accounting for 58.87% or $1.12 billion of the total in 2024. Going forward, the high-speed (>100 KS/S) segment is expected to be the fastest growing segment in the data acquisition (DAQ) system market segmented by speed, at a CAGR of 6.12% during 2024-2029.
The data acquisition (DAQ) system market is segmented by application into research analysis, manufacturing and quality, asset condition monitoring and design validation and repair. The research analysis market was the largest segment of the data acquisition (DAQ) system market segmented by application, accounting for 33.74% or $645.44 million of the total in 2024. Going forward, the asset condition monitoring segment is expected to be the fastest growing segment in the data acquisition (DAQ) system market segmented by application, at a CAGR of 6.24% during 2024-2029.
The data acquisition (DAQ) system market is segmented by end-user into aerospace, defense, traditional energy, renewable and green energy, automotive and mobility, machine building, service and education, food and beverage, public transport, manufacturing and industry, healthcare, water and wastewater treatment and others. The defense market was the largest segment of the data acquisition (DAQ) system market segmented by end-user, accounting for 17.74% or $339.4 million of the total in 2024. Going forward, the defense segment is expected to be the fastest growing segment in the data acquisition (DAQ) system market segmented by end-user, at a CAGR of 6.90% during 2024-2029.
The top opportunities in the data acquisition (DAQ) system market segmented by type will arise in the PCI extensions for instrumentation (PXI) segment, which will gain $149.87 million of global annual sales by 2029. The top opportunities in the data acquisition (DAQ) system market segmented by component will arise in the hardware segment, which will gain $296.47 million of global annual sales by 2029. The top opportunities in the data acquisition (DAQ) system market segmented by speed will arise in the high-speed (>100 KS/S) segment, which will gain $389.45 million of global annual sales by 2029. The top opportunities in the data acquisition (DAQ) system market segmented by application will arise in the research and analysis segment, which will gain $164.28 million of global annual sales by 2029. The top opportunities in the data acquisition (DAQ) system market segmented by end-user will arise in the defense segment, which will gain $134.42 million of global annual sales by 2029. The data acquisition (DAQ) system market size will gain the most in China at $137.95 million.
Market-trend-based strategies for the data acquisition (DAQ) system market include development of advanced solutions, including next-generation bus-powered USB DAQ devices, developing advanced solutions, such as next-generation data acquisition, developing advanced solutions, such as next-generation suspension data acquisition devices, developing advanced solutions, such as next-generation data acquisition ecosystems, to optimize measurement processes for engineers and developing advanced solutions, such as data acquisition (DAQ) modules, to enhance flexibility and rugged performance.
Player-adopted strategies in the data acquisition (DAQ) system market include focus on strengthening business expertise through new acquisitions, launches and partnerships.
To take advantage of the opportunities, the analyst recommends the data acquisition (DAQ) system companies to focus on advancing USB DAQ devices for market growth, focus on developing advanced DAQ systems for improved accuracy, focus on developing advanced suspension DAQ systems, focus on developing integrated DAQ ecosystems for efficiency, focus on enhancing flexibility and durability in DAQ modules, focus on PCI extensions for instrumentation (PXI) segment, focus on software segment for growth, focus on high-speed (>100 KS/S) segment for growth, expand in emerging markets, focus on expanding distribution channels through strategic partnerships, focus on developing value-based pricing strategies, focus on targeted digital marketing campaigns, focus on strengthening customer relationships through CRM, focus on asset condition monitoring segment for growth and focus on renewable and green energy segment for growth.
The global data acquisition (DAQ) system market reached a value of nearly $1.91 billion in 2024, having grown at a compound annual growth rate (CAGR) of 3.71% since 2019. The market is expected to grow from $1.91 billion in 2024 to $2.48 billion in 2029 at a rate of 5.37%. The market is then expected to grow at a CAGR of 5.21% from 2029 and reach $3.2 billion in 2034.
Growth in the historic period resulted from the rising adoption of IoT, increasing adoption of cloud services, surge in renewable energy adoption and growth of the automotive sector. Factors that negatively affected growth in the historic period were data security and privacy concerns.
Going forward, development of 5G networks, growing industrial automation, integration with artificial intelligence and rising investment in smart cities will drive the growth. Factor that could hinder the growth of the data acquisition (DAQ) system market in the future include limited skilled workforce.
The global data acquisition (DAQ) system market is fairly fragmented, with large number of small players operating in the market. The top ten competitors in the market made up to 20.45% of the total market in 2023. Emerson Electric Co. was the largest competitor with a 4.92% share of the market, followed by HBK World. with 4.30%, Keysight Technologies Inc. with 4.30%, Dewesoft. with 1.34%, DEWETRON. with 1.02%, Siemens AG. with 1.00%, Spectris PLC (HBM and Bruel & Kjaer and Omega). with 0.96%, Tektronix, Inc. with 0.90%, General Electric (GE) Company. with 0.88% and Schneider Electric. with 0.85%.
North America was the largest region in the data acquisition (DAQ) system market, accounting for 34.09% or $652.17 million of the total in 2024. It was followed by Asia Pacific, Western Europe and then the other regions. Going forward, the fastest-growing regions in the data acquisition (DAQ) system market will be Asia Pacific and South America where growth will be at CAGRs of 8.28% and 6.59% respectively. These will be followed by Eastern Europe and Africa where the markets are expected to grow at CAGRs of 6.03% and 5.13% respectively.
The data acquisition (DAQ) system market is segmented by type into peripheral component interconnect (PCI), LAN extensions for instrumentation (LXI) or ethernet, VME extensions for instrumentation (VXI), PCI extensions for instrumentation (PXI), universal serial bus (USB) and standalone. The peripheral component interconnect (PCI) market was the largest segment of the data acquisition (DAQ) system market segmented by type, accounting for 29.75% or $569.25 million of the total in 2024. Going forward, the PCI extensions for instrumentation (PXI) segment is expected to be the fastest growing segment in the data acquisition (DAQ) system market segmented by type, at a CAGR of 8.39% during 2024-2029.
The data acquisition (DAQ) system market is segmented by component into hardware and software. The hardware market was the largest segment of the data acquisition (DAQ) system market segmented by component, accounting for 59.66% or $1.14 billion of the total in 2024. Going forward, the software segment is expected to be the fastest growing segment in the data acquisition (DAQ) system market segmented by component, at a CAGR of 6.29% during 2024-2029.
The data acquisition (DAQ) system market is segmented by speed into high-speed (>100 KS/S) and low-speed (< 100 KS/S). The high-speed (>100 KS/S) market was the largest segment of the data acquisition (DAQ) system market segmented by speed, accounting for 58.87% or $1.12 billion of the total in 2024. Going forward, the high-speed (>100 KS/S) segment is expected to be the fastest growing segment in the data acquisition (DAQ) system market segmented by speed, at a CAGR of 6.12% during 2024-2029.
The data acquisition (DAQ) system market is segmented by application into research analysis, manufacturing and quality, asset condition monitoring and design validation and repair. The research analysis market was the largest segment of the data acquisition (DAQ) system market segmented by application, accounting for 33.74% or $645.44 million of the total in 2024. Going forward, the asset condition monitoring segment is expected to be the fastest growing segment in the data acquisition (DAQ) system market segmented by application, at a CAGR of 6.24% during 2024-2029.
The data acquisition (DAQ) system market is segmented by end-user into aerospace, defense, traditional energy, renewable and green energy, automotive and mobility, machine building, service and education, food and beverage, public transport, manufacturing and industry, healthcare, water and wastewater treatment and others. The defense market was the largest segment of the data acquisition (DAQ) system market segmented by end-user, accounting for 17.74% or $339.4 million of the total in 2024. Going forward, the defense segment is expected to be the fastest growing segment in the data acquisition (DAQ) system market segmented by end-user, at a CAGR of 6.90% during 2024-2029.
The top opportunities in the data acquisition (DAQ) system market segmented by type will arise in the PCI extensions for instrumentation (PXI) segment, which will gain $149.87 million of global annual sales by 2029. The top opportunities in the data acquisition (DAQ) system market segmented by component will arise in the hardware segment, which will gain $296.47 million of global annual sales by 2029. The top opportunities in the data acquisition (DAQ) system market segmented by speed will arise in the high-speed (>100 KS/S) segment, which will gain $389.45 million of global annual sales by 2029. The top opportunities in the data acquisition (DAQ) system market segmented by application will arise in the research and analysis segment, which will gain $164.28 million of global annual sales by 2029. The top opportunities in the data acquisition (DAQ) system market segmented by end-user will arise in the defense segment, which will gain $134.42 million of global annual sales by 2029. The data acquisition (DAQ) system market size will gain the most in China at $137.95 million.
Market-trend-based strategies for the data acquisition (DAQ) system market include development of advanced solutions, including next-generation bus-powered USB DAQ devices, developing advanced solutions, such as next-generation data acquisition, developing advanced solutions, such as next-generation suspension data acquisition devices, developing advanced solutions, such as next-generation data acquisition ecosystems, to optimize measurement processes for engineers and developing advanced solutions, such as data acquisition (DAQ) modules, to enhance flexibility and rugged performance.
Player-adopted strategies in the data acquisition (DAQ) system market include focus on strengthening business expertise through new acquisitions, launches and partnerships.
To take advantage of the opportunities, the analyst recommends the data acquisition (DAQ) system companies to focus on advancing USB DAQ devices for market growth, focus on developing advanced DAQ systems for improved accuracy, focus on developing advanced suspension DAQ systems, focus on developing integrated DAQ ecosystems for efficiency, focus on enhancing flexibility and durability in DAQ modules, focus on PCI extensions for instrumentation (PXI) segment, focus on software segment for growth, focus on high-speed (>100 KS/S) segment for growth, expand in emerging markets, focus on expanding distribution channels through strategic partnerships, focus on developing value-based pricing strategies, focus on targeted digital marketing campaigns, focus on strengthening customer relationships through CRM, focus on asset condition monitoring segment for growth and focus on renewable and green energy segment for growth.
Major Market Trends
- Growing Demand for High-Performance Measurement Solutions in DAQ Systems
- Next-Generation Data Acquisition (DAQ) Systems for Advancing Accuracy, Precision, and Industrial Applications
- Enhancing Performance and Durability in Motorsports and Off-Road Applications With Enhanced DAQ System
- Advancing Data Acquisition Ecosystems for Enhancing Measurement Efficiency and Engineering Productivity
- Advanced DAQ Modules for Flexibility and Rugged Performance
Table of Contents
1 Executive Summary
6 Market Characteristics
7 Major Market Trends
8 Data Acquisition (DAQ) System Market - Macro Economic Scenario
9 Global Market Size and Growth
10 Global Data Acquisition (DAQ) System Market Segmentation
11 Data Acquisition (DAQ) System Market, Regional and Country Analysis
12 Asia-Pacific Market
13 China Competitive Landscape and Company Profiles
14 India Competitive Landscape and Company Profiles
15 Japan Competitive Landscape and Company Profiles
16 Other APAC Countries Competitive Landscape and Company Profiles
17 Western Europe Market
18 Germany Competitive Landscape and Company Profiles
19 Austria Competitive Landscape and Company Profiles
20 Eastern Europe Market
21 North America Market
22 USA Competitive Landscape and Company Profiles
23 South America Market
24 Middle East Market
25 Africa Market
26 Competitive Landscape and Company Profiles
27 Other Major and Innovative Companies
30 Key Mergers and Acquisitions
31 Opportunities and Strategies
32 Data Acquisition (DAQ) System Market, Conclusions and Recommendations
33 Appendix
Executive Summary
Data Acquisition (DAQ) System Global Market Opportunities and Strategies to 2034 provides the strategists; marketers and senior management with the critical information they need to assess the global data acquisition (DAQ) system market as it emerges from the COVID-19 shut down.Reasons to Purchase:
- Gain a truly global perspective with the most comprehensive report available on this market covering 16 geographies.
- Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market research findings.
- Benchmark performance against key competitors.
- Utilize the relationships between key data sets for superior strategizing.
- Suitable for supporting your internal and external presentations with reliable high-quality data and analysis.
Description
Where is the largest and fastest-growing market for data acquisition (DAQ) system? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The data acquisition (DAQ) system market global report answers all these questions and many more.The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market’s history and forecasts market growth by geography. It places the market within the context of the wider data acquisition (DAQ) system market; and compares it with other markets.
The report covers the following chapters
- Introduction and Market Characteristics- Brief introduction to the segmentations covered in the market, definitions and explanations about the segment by type, by component, by speed, by application and by end-user.
- Key Trends- Highlights the major trends shaping the global market. This section also highlights likely future developments in the market.
- Macro-Economic Scenario- the report provides an analysis of the impact of the COVID-19 pandemic, impact of the Russia-Ukraine war and impact of rising inflation on global and regional markets, providing strategic insights for businesses in the data acquisition (DAQ) system market.
- Global Market Size and Growth- Global historic (2018-2023) and forecast (2023-2028, 2033F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods Global historic (2019-2024) and forecast (2024-2029, 2034F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
- Regional and Country Analysis- Historic (2019-2024) and forecast (2024-2029, 2034F) market values and growth and market share comparison by region and country.
- Market Segmentation- Contains the market values (2019-2024) (2024-2029, 2034F) and analysis for each segment by type, by component, by speed, by application and by end-user in the market. Historic (2019-2024) and forecast (2024-2029) and (2029-2034) market values and growth and market share comparison by region market.
- Regional Market Size and Growth- Regional market size (2024), historic (2019-2024) and forecast (2024-2029, 2034F) market values and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
- Competitive Landscape- Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
- Other Major and Innovative Companies Details on the company profiles of other major and innovative companies in the market.
- Competitive Benchmarking- Briefs on the financials comparison between major players in the market.
- Competitive Dashboard- Briefs on competitive dashboard of major players.
- Key Mergers and Acquisitions- Information on recent mergers and acquisitions in the market is covered in the report. This section gives key financial details of mergers and acquisitions which have shaped the market in recent years.
- Market Opportunities and Strategies- Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
- Conclusions and Recommendations- This section includes recommendations for data acquisition (DAQ) system providers in terms of product/service offerings geographic expansion, marketing strategies and target groups.
- Appendix- This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
Markets Covered:
1) by Type: Peripheral Component Interconnect (PCI); LAN Extensions for Instrumentation (LXI) or Ethernet; VME Extensions for Instrumentation (VXI); PCI Extensions for Instrumentation (PXI); Universal Serial Bus (USB); Standalone2) by Component: Hardware; Software
3) by Speed: High-Speed (>100 KS/S); Low-Speed (
4) by Application: Research Analysis; Manufacturing and Quality; Asset Condition Monitoring; Design Validation and Repair
5) by End-User: Aerospace; Defense; Traditional Energy; Renewable and Green Energy; Automotive and Mobility; Machine Building; Service and Education; Food and Beverage; Public Transport; Manufacturing and Industry; Healthcare; Water and Wastewater Treatment; Others
Key Companies Profiled: Emerson Electric Co.; HBK World; Keysight Technologies Inc.; Dewesoft; DEWETRON
Countries: China; Australia; India; Indonesia; Japan; South Korea; Other APAC Countries; USA; Canada; Brazil; France; Germany; UK; Italy; Spain; Russia
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa.
Time Series: Five years historic and ten years forecast..
Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; data acquisition (DAQ) system indicators comparison..
Data Segmentation: Country and regional historic and forecast data; market share of competitors; market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Companies Mentioned
The companies featured in this Data Acquisition (DAQ) System market report include:- Emerson Electric Co.
- HBK World
- Keysight Technologies Inc.
- Dewesoft
- DEWETRON
- Siemens AG
- Spectris PLC (HBM and Bruel & Kjaer and Omega)
- Tektronix, Inc.
- General Electric (GE) Company
- Schneider Electric
- Moog Inc.
- FMK Inc.
- Advantech
- National Instruments
- Honeywell
- Innova Technologies
- Dataforth Corporation
- Beijing Gemotech Intelligent Technology Co Ltd
- Seelong Intelligent Technology (Luoyang) Co Ltd
- Shenzhen Toprie Electronics Co Ltd
- Sitan Instrument Co Ltd
- Iris ID
- Hottinger Brüel & Kjær
- IMC Test & Measurement GmbH
- Acquitek
- Luchsinger Srl
- Amber Instruments
- Elmark Automatyka
- Dataq Instruments Poland
- Yottavolt
- Metravib
- National Instruments Corporation
- MDS
- Fortive Corporation
- Rockwell Automation Inc.
- Agilent Technologies Inc.
- Data Translation Inc.
- Campbell Scientific Inc.
- Teledyne Technologies Incorporated
- Lansmont Corporation
- Texas Instruments
- Advantech Co. Ltd.
- Yokogawa Electric Corporation
- ABB Group
- Thermo Fisher Scientific Inc.
- Sefram
- AstroNova, Inc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 555 |
| Published | May 2025 |
| Forecast Period | 2024 - 2034 |
| Estimated Market Value ( USD | $ 1.91 Billion |
| Forecasted Market Value ( USD | $ 3.2 Billion |
| Compound Annual Growth Rate | 5.3% |
| Regions Covered | Global |
| No. of Companies Mentioned | 48 |
