The Asia Pacific Data Acquisition System (DAQ) Market would witness market growth of 6.7% CAGR during the forecast period (2019-2025).
Data acquisition (DAQ) is a method for measuring electrical or physical phenomena such as voltage, current, temperature, pressure, or computer sound. The DAQ device consists of sensors, DAQ measuring hardware and a computer with programmable applications. Compared to conventional measurement systems, PC-based DAQ systems use the processing power, productivity, display and networking capabilities of industry-standard computers to provide a more efficient, versatile and cost-effective measurement solution.
Asia Pacific is a lucrative market for data acquisition systems due to support policy initiatives, increased industrial automation and broader acceptance of SCADA, PLC and HMI technologies. Governments in developing economies, such as India and China, are encouraging smart manufacturing through initiatives such as ’Make in India’ and ’Made in China 2025’. For example, in 2018, the Chinese Government selected 97 pilot projects to introduce smart manufacturing projects under the Government’s ’Made in China 2025’ initiative to facilitate the deployment of the industrial IoT network. The robust growth of the network and manufacturing infrastructure in the area is fueling market growth. Major technology companies are widening their businesses in the area to support the increasing adoption of smart industries in the region.
Based on Component, the market is segmented into Hardware and Software. Based on Application, the market is segmented into Research & Analysis, Manufacturing & Quality, Asset Condition Monitoring and Others. Based on End User, the market is segmented into Aerospace Defense & Government Services, Energy, Automotive, Wireless Communication & Infrastructure and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers theanalysis of key stake holders of the market. Key companies profiled in the report include Schneider Electric SE, Yokogawa Electric Corporation, Ametek, Inc., Fortive Corporation (Fluke Corporation), Emerson Electric Co., General Electric (GE) Co., Honeywell International, Inc., Rockwell Automation, Inc., Siemens AG, Keysight Technologies, Inc., and National Instruments Corporation.
Scope of the Study
- Research & Analysis
- Manufacturing & Quality
- Asset Condition Monitoring
By End User
- Aerospace Defence & Government Services
- Wireless Communication & Infrastructure
- South Korea
- Rest of Asia Pacific
- Schneider Electric SE
- Yokogawa Electric Corporation
- Ametek, Inc.
- Fortive Corporation (Fluke Corporation)
- Emerson Electric Co.
- General Electric (GE) Co.
- Honeywell International, Inc.
- Rockwell Automation, Inc.
- Siemens AG
- Keysight Technologies, Inc.
- National Instruments Corporation
Unique Offerings from KBV Research
- Exhaustive coverage
- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free