Data Acquisition Hardware Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
The data acquisition system mainly facilitate the seamless collection and interpretation of the data generated by the industrial machinery and system to facilitate improved operation and performance capabilities. Among these the data acquisition hardware such as terminal units, sensors and signal convertors among other components have profound scope of application among PLC, HMI, SCADA and other industrial solutions across different industry verticals. Currently, several prominent market players offer comprehensive data acquisition solution comprising hardware and IT application to enable improved performance of the industrial business units.
MARKET DYNAMICS
The increase in adoption of various IoT enabled automated solutions such as PLC, HMI, SCADA and other niche IoT solution to improve the productivity of the industrial units is the major factor propelling the growth of the overall data acquisition hardware market. Furthermore, the continuous demand for maintenance, replacement of existing hardware from the considerably large existing solution deployed also provides a stable business growth opportunities for the market players.
MARKET SCOPE
The "Global Data acquisition hardware Market Analysis to 2031" is a specialized and in-depth study of the data acquisition hardware industry with a special focus on the global market trend analysis. The report aims to provide an overview of data acquisition hardware market with detailed market segmentation by product, industry vertical and geography. The global data acquisition hardware market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading data acquisition hardware market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global data acquisition hardware market is segmented on the basis of product and industry vertical. On the basis of product, the market is segmented into terminal units, HMI components, PLC components, signal convertors, and others. Whereas, based on industry vertical the market is divided into manufacturing, energy & power, transportation, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global data acquisition hardware market based on various segments. it also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), and Rest of World. The data acquisition hardware market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of various countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting data acquisition hardware market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for the Data acquisition hardware market for each region.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global data acquisition hardware market based on various segments. it also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), and Rest of World. The data acquisition hardware market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of various countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting data acquisition hardware market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for the Data acquisition hardware market for each region.
MARKET PLAYERS
The reports cover key developments in the data acquisition hardware market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from data acquisition hardware market are anticipated to lucrative growth opportunities in the future with the rising demand for data acquisition hardware in the global market. Below mentioned is the list of few companies engaged in the data acquisition hardware market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, key development in the past five years.
- ABB Ltd.
- Alstom SA
- Dataforth Corporation
- Emerson Company
- General Electric
- Honeywell International Inc.
- NATIONAL INSTRUMENTS CORP.
- Rockwell Automation
- Schneider Electric SA
- Siemens AG
.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Data Acquisition Hardware Market - By Product
1.3.2Data Acquisition Hardware Market - By Industry Vertical
1.3.3Data Acquisition Hardware Market - By Region
1.3.3.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.DATA ACQUISITION HARDWARE MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PEST ANALYSIS
4.2.1North America - Pest Analysis
4.2.2Europe - Pest Analysis
4.2.3Asia-Pacific - Pest Analysis
4.2.4Middle East and Africa - Pest Analysis
4.2.5South and Central America - Pest Analysis
4.3.ECOSYSTEM ANALYSIS
4.4.EXPERT OPINIONS
5.DATA ACQUISITION HARDWARE MARKET - KEY MARKET DYNAMICS
5.1.KEY MARKET DRIVERS
5.2.KEY MARKET RESTRAINTS
5.3.KEY MARKET OPPORTUNITIES
5.4.FUTURE TRENDS
5.5.IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6.DATA ACQUISITION HARDWARE MARKET - GLOBAL MARKET ANALYSIS
6.1.DATA ACQUISITION HARDWARE - GLOBAL MARKET OVERVIEW
6.2.DATA ACQUISITION HARDWARE - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.DATA ACQUISITION HARDWARE MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1.OVERVIEW
7.2.PRODUCT MARKET FORECASTS AND ANALYSIS
7.3.TERMINAL UNITS
7.3.1.Overview
7.3.2.Terminal Units Market Forecast and Analysis
7.4.HMI COMPONENTS
7.4.1.Overview
7.4.2.HMI Components Market Forecast and Analysis
7.5.PLC COMPONENTS
7.5.1.Overview
7.5.2.PLC Components Market Forecast and Analysis
7.6.SIGNAL CONVERTORS
7.6.1.Overview
7.6.2.Signal Convertors Market Forecast and Analysis
7.7.OTHERS
7.7.1.Overview
7.7.2.Others Market Forecast and Analysis
8.DATA ACQUISITION HARDWARE MARKET - REVENUE AND FORECASTS TO 2028 - INDUSTRY VERTICAL
8.1.OVERVIEW
8.2.INDUSTRY VERTICAL MARKET FORECASTS AND ANALYSIS
8.3.MANUFACTURING
8.3.1.Overview
8.3.2.Manufacturing Market Forecast and Analysis
8.4.ENERGY AND POWER
8.4.1.Overview
8.4.2.Energy and Power Market Forecast and Analysis
8.5.TRANSPORTATION
8.5.1.Overview
8.5.2.Transportation Market Forecast and Analysis
8.6.OTHERS
8.6.1.Overview
8.6.2.Others Market Forecast and Analysis
9.DATA ACQUISITION HARDWARE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1.NORTH AMERICA
9.1.1North America Data Acquisition Hardware Market Overview
9.1.2North America Data Acquisition Hardware Market Forecasts and Analysis
9.1.3North America Data Acquisition Hardware Market Forecasts and Analysis - By Product
9.1.4North America Data Acquisition Hardware Market Forecasts and Analysis - By Industry Vertical
9.1.5North America Data Acquisition Hardware Market Forecasts and Analysis - By Countries
9.1.5.1United States Data Acquisition Hardware Market
9.1.5.1.1United States Data Acquisition Hardware Market by Product
9.1.5.1.2United States Data Acquisition Hardware Market by Industry Vertical
9.1.5.2Canada Data Acquisition Hardware Market
9.1.5.2.1Canada Data Acquisition Hardware Market by Product
9.1.5.2.2Canada Data Acquisition Hardware Market by Industry Vertical
9.1.5.3Mexico Data Acquisition Hardware Market
9.1.5.3.1Mexico Data Acquisition Hardware Market by Product
9.1.5.3.2Mexico Data Acquisition Hardware Market by Industry Vertical
9.2.EUROPE
9.2.1Europe Data Acquisition Hardware Market Overview
9.2.2Europe Data Acquisition Hardware Market Forecasts and Analysis
9.2.3Europe Data Acquisition Hardware Market Forecasts and Analysis - By Product
9.2.4Europe Data Acquisition Hardware Market Forecasts and Analysis - By Industry Vertical
9.2.5Europe Data Acquisition Hardware Market Forecasts and Analysis - By Countries
9.2.5.1Germany Data Acquisition Hardware Market
9.2.5.1.1Germany Data Acquisition Hardware Market by Product
9.2.5.1.2Germany Data Acquisition Hardware Market by Industry Vertical
9.2.5.2France Data Acquisition Hardware Market
9.2.5.2.1France Data Acquisition Hardware Market by Product
9.2.5.2.2France Data Acquisition Hardware Market by Industry Vertical
9.2.5.3Italy Data Acquisition Hardware Market
9.2.5.3.1Italy Data Acquisition Hardware Market by Product
9.2.5.3.2Italy Data Acquisition Hardware Market by Industry Vertical
9.2.5.4United Kingdom Data Acquisition Hardware Market
9.2.5.4.1United Kingdom Data Acquisition Hardware Market by Product
9.2.5.4.2United Kingdom Data Acquisition Hardware Market by Industry Vertical
9.2.5.5Russia Data Acquisition Hardware Market
9.2.5.5.1Russia Data Acquisition Hardware Market by Product
9.2.5.5.2Russia Data Acquisition Hardware Market by Industry Vertical
9.2.5.6Rest of Europe Data Acquisition Hardware Market
9.2.5.6.1Rest of Europe Data Acquisition Hardware Market by Product
9.2.5.6.2Rest of Europe Data Acquisition Hardware Market by Industry Vertical
9.3.ASIA-PACIFIC
9.3.1Asia-Pacific Data Acquisition Hardware Market Overview
9.3.2Asia-Pacific Data Acquisition Hardware Market Forecasts and Analysis
9.3.3Asia-Pacific Data Acquisition Hardware Market Forecasts and Analysis - By Product
9.3.4Asia-Pacific Data Acquisition Hardware Market Forecasts and Analysis - By Industry Vertical
9.3.5Asia-Pacific Data Acquisition Hardware Market Forecasts and Analysis - By Countries
9.3.5.1Australia Data Acquisition Hardware Market
9.3.5.1.1Australia Data Acquisition Hardware Market by Product
9.3.5.1.2Australia Data Acquisition Hardware Market by Industry Vertical
9.3.5.2China Data Acquisition Hardware Market
9.3.5.2.1China Data Acquisition Hardware Market by Product
9.3.5.2.2China Data Acquisition Hardware Market by Industry Vertical
9.3.5.3India Data Acquisition Hardware Market
9.3.5.3.1India Data Acquisition Hardware Market by Product
9.3.5.3.2India Data Acquisition Hardware Market by Industry Vertical
9.3.5.4Japan Data Acquisition Hardware Market
9.3.5.4.1Japan Data Acquisition Hardware Market by Product
9.3.5.4.2Japan Data Acquisition Hardware Market by Industry Vertical
9.3.5.5South Korea Data Acquisition Hardware Market
9.3.5.5.1South Korea Data Acquisition Hardware Market by Product
9.3.5.5.2South Korea Data Acquisition Hardware Market by Industry Vertical
9.3.5.6Rest of Asia-Pacific Data Acquisition Hardware Market
9.3.5.6.1Rest of Asia-Pacific Data Acquisition Hardware Market by Product
9.3.5.6.2Rest of Asia-Pacific Data Acquisition Hardware Market by Industry Vertical
9.4.MIDDLE EAST AND AFRICA
9.4.1Middle East and Africa Data Acquisition Hardware Market Overview
9.4.2Middle East and Africa Data Acquisition Hardware Market Forecasts and Analysis
9.4.3Middle East and Africa Data Acquisition Hardware Market Forecasts and Analysis - By Product
9.4.4Middle East and Africa Data Acquisition Hardware Market Forecasts and Analysis - By Industry Vertical
9.4.5Middle East and Africa Data Acquisition Hardware Market Forecasts and Analysis - By Countries
9.4.5.1South Africa Data Acquisition Hardware Market
9.4.5.1.1South Africa Data Acquisition Hardware Market by Product
9.4.5.1.2South Africa Data Acquisition Hardware Market by Industry Vertical
9.4.5.2Saudi Arabia Data Acquisition Hardware Market
9.4.5.2.1Saudi Arabia Data Acquisition Hardware Market by Product
9.4.5.2.2Saudi Arabia Data Acquisition Hardware Market by Industry Vertical
9.4.5.3U.A.E Data Acquisition Hardware Market
9.4.5.3.1U.A.E Data Acquisition Hardware Market by Product
9.4.5.3.2U.A.E Data Acquisition Hardware Market by Industry Vertical
9.4.5.4Rest of Middle East and Africa Data Acquisition Hardware Market
9.4.5.4.1Rest of Middle East and Africa Data Acquisition Hardware Market by Product
9.4.5.4.2Rest of Middle East and Africa Data Acquisition Hardware Market by Industry Vertical
9.5.SOUTH AND CENTRAL AMERICA
9.5.1South and Central America Data Acquisition Hardware Market Overview
9.5.2South and Central America Data Acquisition Hardware Market Forecasts and Analysis
9.5.3South and Central America Data Acquisition Hardware Market Forecasts and Analysis - By Product
9.5.4South and Central America Data Acquisition Hardware Market Forecasts and Analysis - By Industry Vertical
9.5.5South and Central America Data Acquisition Hardware Market Forecasts and Analysis - By Countries
9.5.5.1Brazil Data Acquisition Hardware Market
9.5.5.1.1Brazil Data Acquisition Hardware Market by Product
9.5.5.1.2Brazil Data Acquisition Hardware Market by Industry Vertical
9.5.5.2Argentina Data Acquisition Hardware Market
9.5.5.2.1Argentina Data Acquisition Hardware Market by Product
9.5.5.2.2Argentina Data Acquisition Hardware Market by Industry Vertical
9.5.5.3Rest of South and Central America Data Acquisition Hardware Market
9.5.5.3.1Rest of South and Central America Data Acquisition Hardware Market by Product
9.5.5.3.2Rest of South and Central America Data Acquisition Hardware Market by Industry Vertical
10.INDUSTRY LANDSCAPE
10.1.MERGERS AND ACQUISITIONS
10.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3.NEW PRODUCT LAUNCHES
10.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11.DATA ACQUISITION HARDWARE MARKET, KEY COMPANY PROFILES
11.1.ABB LTD.
11.1.1.Key Facts
11.1.2.Business Description
11.1.3.Products and Services
11.1.4.Financial Overview
11.1.5.SWOT Analysis
11.1.6.Key Developments
11.2.ALSTOM SA
11.2.1.Key Facts
11.2.2.Business Description
11.2.3.Products and Services
11.2.4.Financial Overview
11.2.5.SWOT Analysis
11.2.6.Key Developments
11.3.DATAFORTH CORPORATION
11.3.1.Key Facts
11.3.2.Business Description
11.3.3.Products and Services
11.3.4.Financial Overview
11.3.5.SWOT Analysis
11.3.6.Key Developments
11.4.EMERSON COMPANY
11.4.1.Key Facts
11.4.2.Business Description
11.4.3.Products and Services
11.4.4.Financial Overview
11.4.5.SWOT Analysis
11.4.6.Key Developments
11.5.GENERAL ELECTRIC
11.5.1.Key Facts
11.5.2.Business Description
11.5.3.Products and Services
11.5.4.Financial Overview
11.5.5.SWOT Analysis
11.5.6.Key Developments
11.6.HONEYWELL INTERNATIONAL INC.
11.6.1.Key Facts
11.6.2.Business Description
11.6.3.Products and Services
11.6.4.Financial Overview
11.6.5.SWOT Analysis
11.6.6.Key Developments
11.7.NATIONAL INSTRUMENTS CORP.
11.7.1.Key Facts
11.7.2.Business Description
11.7.3.Products and Services
11.7.4.Financial Overview
11.7.5.SWOT Analysis
11.7.6.Key Developments
11.8.ROCKWELL AUTOMATION, INC.SCHNEIDER ELECTRIC SA
11.8.1.Key Facts
11.8.2.Business Description
11.8.3.Products and Services
11.8.4.Financial Overview
11.8.5.SWOT Analysis
11.8.6.Key Developments
11.9.SIEMENS AG
11.9.1.Key Facts
11.9.2.Business Description
11.9.3.Products and Services
11.9.4.Financial Overview
11.9.5.SWOT Analysis
11.9.6.Key Developments
12.APPENDIX
12.1.ABOUT THE INSIGHT PARTNERS
12.2.GLOSSARY OF TERMS
1. ABB Ltd.
2. Alstom SA
3. Dataforth Corporation
4. Emerson Company
5. General Electric
6. Honeywell International Inc.
7. NATIONAL INSTRUMENTS CORP.
8. Rockwell Automation, Inc.Schneider Electric SA
9. Siemens AG
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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