Data Acquisition (Daq) Market

Data Acquisition (DAQ) is an industrial control system that is used to gather data from sensors and instruments located at remote sites and then transmit and display this data at a central site for control or monitoring purposes. They are also used to collect and analyze data in real time. The high potential of renewable energy, high investments in infrastructure, the growing need for industrial automating processes are some of the factors that are driving this Data Acquisition (DAQ) software & hardware market.

The report classifies the market on the basis of component, application, architecture and geographical analysis. Within Data Acquisition (DAQ) component, the market report includes programmable logic component (PLCs), Remote terminal Units (RTUs), and Human machine interface (HMI). Data Acquisition (DAQ) software & hardware market used across different industrial applications such as oil & gas, power generation, manufacturing, water & waste water applications etc. are also included in the report. This research covers the Data Acquisition (DAQ) software & hardware market market by architecture (hardware, software) and divides the overall market based on the four major geographical segments- North America, Europe, APAC, and Rest of the world (ROW)

This report describes the value chain for Data Acquisition (DAQ) software & hardware market by considering all the major stakeholders in the market and their role in the analysis. The report also provides a detailed study of the Porter’s five force analysis of the market. Major players in the Data Acquisition (DAQ) software & hardware market includes ABB Ltd (Switzerland), Honeywell International, Inc. (U.S.), Siemens AG (Germany), Schneider Electric SA (France) and Emerson Company (U.S.) amongst other.

This report contains all the insights about the Data Acquisition (DAQ) software & hardware market which is providing tremendous benefit for numerous industries. The ability built strategies and growth of an organization to add remote sensing points, without the cost of running wires, results in numerous benefits including energy and material savings, process improvements, labor savings, and productivity increases.