Data Acquisition (DAQ) System Market Report Scope & Overview:

The Data Acquisition (DAQ) System Market Size was valued at USD 8.20 billion in 2022, and expected to reach USD 14.96 billion by 2030, and grow at a CAGR of 7.8% over the forecast period 2023-2030.

Data acquisition is the process of converting unit signals from real-world objects into digital values ​​that can be analyzed and used in a computer program. Real-world symbols and a computer machine are linked to DAQ functionality. The Data Recovery System is made up of part of the hardware that connects the sensors and is connected to the computer. Sensors, also known as transducers, are devices that convert physical features into countless electrical impulses. Sensor signals are converted into numerical grades by signal frequency. DAQ software is an industrial control system that collects data from remote sensor tools, then interprets and visualizes the central location for monitoring and management purposes. Data will also be collected and analyzed in real time. The DAQ uses industrial standard computers and processing capabilities to create cost-effective, robust, and flexible measurement solutions. Aerospace and defense, energy and power, wireless communications, environmental monitoring, food and beverage, automotive and transportation, health care, and other industries uses extensive data acquisition.

Data Acquisition (DAQ) System Market Revenue Analysis

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  • DAQ system improvements and adaptability are increasing.

  • End-user sectors are placing a greater focus on data monitoring.

  • Increased use of Industry 4.0 in the aerospace and automotive industries.


  • Greater processing capacity is required for real-time data analysis.


  • Increased demand for high-speed communication technologies such as 5G

  • Growing need for automated data acquisition systems.


  • Fiercely competitive market.


The DAQ system market is down by 2020. This is because the governments of several major economies have enforced lockdowns to curb the spread of COVID-19. As it closes the boundries, production activities are severely affected. Aerospace and defense and automotive and transport are the top solutions for DAQ system solutions. Many countries, including the US, China, Japan, and South Korea, had suspended automotive production for a few weeks by 2020 due to the COVID-19 epidemic. Exported parts of China, disruptions to production throughout Europe, and assembly plants in the US have been affected by the epidemic. A significant decrease was observed in aerospace and defense. As a result of the outbreak, more than 25 airlines companies applied for bankruptcy between April and June. All of these factors impacted to the market demand for the DAQ program during the epidemic.

In addition, reduced economic activity due to the outbreak and spread of COVID-19 has resulted in changes in power and energy, wireless connectivity with infrastructure, the need for construction and diversification of supply chains. However, with the ease of closure in countries such as China, India, the US and Germany, as well as vaccines widely distributed, the manufacturing industry is expected to slow down in the coming months, as well as the DAQ market system.

Based on Offering, the Data Acquisition (DAQ) System market is segmented into Hardware and software.

Hardware is expected to lead the market for a data acquisition system during forecasting. DAQ hardware is widely used due to its modular design and the ability to configure various combinations to satisfy a wide range of custom test settings. Additionally, Ethernet adoption is accelerated due to features such as integration and easy integration, thereby exacerbating the need for DAQ hardware. Demand for DAQ hardware is growing as it is widely distributed in the production of applications in both sophisticated processes, laboratory / R&D, automotive, and aerospace and defense markets. External chassis and module increase productivity and performance in the DAQ and control industrial applications. Continuous migration to USB- and advanced ethernet systems that enable PC computing and performance leads to faster discovery rates, ultimately driving the market of external chassis and modules.

Based on Industry Vertical, the Data Acquisition (DAQ) System market is segmented into Aerospace & Defense, Wireless Communications & Infrastructure, Automotive & Transportation, Power & Energy, Environmental Monitoring, Food & beverage, Healthcare and Others.

The aerospace defense vertical market is expected to have the largest market share at the time of forecasting. The market growth of the DAQ system for aerospace & defense vertical is driven by the need to test aircraft and their components with real-time monitoring features against various boundaries and extreme environmental challenges. DAQ systems serve a vital role in ensuring that aerospace products and components fulfil particular performance criteria during various testing procedures. These tests are performed during the design, development, and production stages of aerospace components and play a key role in ensuring that the aerospace components, ground systems, and complete aircraft systems meet the stated requirements. These reasons have all led to the growing need for DAQ systems in the aerospace and military industries.



  • Hardware

  • Software


  • High-speed (>100 KS/S)

  • Low-speed (<100 KS/S)


  • Aerospace & Defense

  • Wireless Communications & Infrastructure

  • Automotive & Transportation

  • Power & Energy

  • Environmental Monitoring

  • Food & beverage

  • Healthcare

  • Others


  • Manufacturing

  • R&D

  • Field

  • Others

Data Acquisition (DAQ) System Market Segmentation Analysis

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Various continents are expected to earn considerable income from the data acquisition (DAQ) system market throughout the forecast period. North America, Europe, Asia-Pacific, the Middle East and Africa, and South America are all included in the market analysis of the data acquisition (DAQ) system. North America includes the US, Canada, and Mexico. The UK, Germany, France, and other European countries make up Europe. Asia-Pacific includes countries such as China, Japan, India, and throughout Asia-Pacific. The market for the DAQ system in Asia Pacific is expected to grow at a rapid pace. Rapid technological advancement, expansion of production units, strong regulatory policies regarding product testing and evaluation, strong government support for the production and adoption of new technologies such as AI and IoT, as well as the presence of significant industry players in the area, are some of the primary drivers driving APAC DAQ system market growth. Due to the presence of countries such as China, Japan, and India, the country may have a growing need for DAQ solutions.


  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America


The key players in the Data Acquisition (DAQ) System market are National Instruments Corp, Spectris PLC, Honeywell International Inc, Siemens Digital Industries Software, Dataforth Corporation, Teledyne Technologies Incorporated, ADLINK Technology, Yokogawa Electric Corporation, Keysight Technologies, Rockwell Automation Corporation & Other Players.

Honeywell International Inc-Company Financial Analysis

Data Acquisition (DAQ) System Market Report Scope:

Report Attributes Details
Market Size in 2022 US$ 8.20 Bn
Market Size by 2030 US$ 14.96 Bn
CAGR CAGR of 7.8% From 2023 to 2030
Base Year 2022
Forecast Period 2023-2030
Historical Data 2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Offering (Hardware, Software)
• By Speed (High-Speed (>100 KS/S), Low-Speed (<100 KS/S))
• By Industry Vertical (Aerospace & Defense, Wireless Communications & Infrastructure, Automotive & Transportation, Power & Energy, Environmental Monitoring, Food & Beverage, Healthcare, Others)
• By Application (Manufacturing, R&D, Field, Others)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles National Instruments Corp, Spectris PLC, Honeywell International Inc, Siemens Digital Industries Software, Dataforth Corporation, Teledyne Technologies Incorporated, ADLINK Technology, Yokogawa Electric Corporation, Keysight Technologies, Rockwell Automation Corporation
Key Drivers • DAQ system improvements and adaptability are increasing.
• End-user sectors are placing a greater focus on data monitoring.
• Increased use of Industry 4.0 in the aerospace and automotive industries.
Restraints • Greater processing capacity is required for real-time data analysis.

Frequently Asked Questions

Ans: The Data Acquisition (DAQ) System Market size was valued at US$ 8.20 billion in 2022.

Increased demand for high-speed communication technologies such as 5G, and Growing need for automated data acquisition systems.

The key players in the Data Acquisition (DAQ0) market are National Instruments Corp, Spectris PLC, Honeywell International Inc, Siemens Digital Industries Software, Dataforth Corporation, Teledyne Technologies Incorporated, ADLINK Technology, Yokogawa Electric Corporation, Keysight Technologies, Rockwell Automation Corporation and Other key players.

Yes, and they are Raw material vendors, Distributors/traders/wholesalers/suppliers, Regulatory authorities, including government agencies and NGO, Commercial research & development (R&D) institutions, Importers and exporters, Government organizations, research organizations, and consulting firms, Trade/Industrial associations, End-use industries.

Ans: The Data Acquisition (DAQ) System Market is to grow at a CAGR of 7.8% over the forecast period 2023-2030.

Table of Contents

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies US Canada Germany France United Kingdom China Japan South Korea Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7.  PEST Analysis


8. Data Acquisition (DAQ) System Segmentation, by Offering


8.2 Hardware

8.3 Software

9. Data Acquisition (DAQ) System Segmentation, by Speed

9.1 Introduction

9.2 High-speed (>100 KS/S)

9.3 Low-speed (<100 KS/S)

10. Data Acquisition (DAQ) System Segmentation, by Industry Vertical

10.1 Introduction

10.2 Aerospace & Defense

10.3 Wireless Communications & Infrastructure

10.4 Automotive & Transportation

10.5 Power & Energy

10.6 Environmental Monitoring

10.7 Food & beverage

10.8 Healthcare

10.9 Others

11. Data Acquisition (DAQ) System Segmentation, by Application

11.1 Introduction

11.2 Manufacturing

11.3 R&D

11.4 Field

11.5 Others

12. Regional Analysis

12.1 Introduction

12.2 North America

12.2.1 USA

12.2.2 Canada

12.2.3 Mexico

12.3 Europe

12.3.1 Germany

12.3.2 UK

12.3.3 France

12.3.4 Italy

12.3.5 Spain

12.3.6 The Netherlands

12.3.7 Rest of Europe

12.4 Asia-Pacific

12.4.1 Japan

12.4.2 South Korea

12.4.3 China

12.4.4 India

12.4.5 Australia

12.4.6 Rest of Asia-Pacific

12.5 The Middle East & Africa

12.5.1 Israel

12.5.2 UAE

12.5.3 South Africa

12.5.4 Rest

12.6 Latin America

12.6.1 Brazil

12.6.2 Argentina

12.6.3 Rest of Latin America

13. Company Profiles

13.1 Rockwell Automation Corporation

13.1.1 Financial

13.1.2 Products/ Services Offered

13.1.3 SWOT Analysis

13.1.4 The SNS view

13.2 National Instruments Corp

13.3 Spectris PLC

13.4 Honeywell International Inc

13.5 Siemens Digital Industries Software

13.6 Dataforth Corporation

13.7 Teledyne Technologies Incorporated

13.8 ADLINK Technology

13.9 Yokogawa Electric Corporation

13.10 Keysight Technologies

13.11 Others

14. Competitive Landscape

14.1 Competitive Benchmark

14.2 Market Share Analysis

14.3 Recent Developments

15. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

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The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

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Data Bank Validation

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