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Global Data Acquisition (DAQ) Market - Market Size, Share and Forecasts (2015-2020)LONDON, Sept. 28, 2015 /PRNewswire/ -- The Data Acquisition Market, valued at US $2.26 billion in 2015, is estimated to reach US $3.03 billion by 2020, at a compound annual growth rate of 6.04% during the five year forecasted period. Data Acquisition system is any instrument that acquires data from sensors, converts it first into digital form and stores it back to the central location where it can be analysed and processed. The system includes I/O subsystems, a host computer and controlling software. Over the past few years, demand for these has been increasing across various industry verticals. Ethernet is continuing to gain adoption in distributed measurement and control applications due to lower costs, and communication to the enterprise, and high bandwidth. Looking forward, the largest trend affecting the future of Ethernet is deterministic Ethernet for applications that require tight synchronization and data transfer between nodes. The adoption of Ethernet is accelerating with growing confidence around interoperability and ease of integration, which is driving demand for data acquisition hardware and software market. Hence, the need for real-time actionable information is expected to drive the market during the forecast period. Considering these factors the adoption of Ethernet is increasing in data acquisition market which is making the market to grow lucratively during the forecast period. The Global Data Acquisition Market has been segmented on the basis of Product Type (Peripheral component interconnect (PCI), LAN Extensions for Instrumentation (LXI)/ Ethernet, VME Extensions for instrumentation (VXI), PCI Extensions for Instrumentation (PXI), Universal Serial Bus (USB), Standalone), Architecture (Hardware, Software, Services), Component (Human Machine Interface (HMI), Programmable Logic Controller (PLC), Remote Terminal Unit (RTU), SCADA Communication System), End-User Industry (Aviation and Defence, Telecom and IT Industry, Chemicals, Power and Energy, Automotive industry, Transportation, Production, Food and beverages, Water and watershed management), and Geography (North America, Europe, Asia Pacific, Middle East and Africa). This report describes a detailed study of the Porter's five forces analysis of the market. All the five major factors have been quantified using the internal key parameters governing each of them. It also covers the market landscape of these players which includes the key growth strategies, geographical footprint, and competition analysis. The report also considers key trends that will impact the industry and profiles of leading suppliers of Data Acquisition Market. Some of the top companies mentioned in the report are ABB Ltd., Advantech, Agilent Technologies, Campbell Scientific, Data Translation, Schneider Electric, Honeywell International, Siemens AG, Rockwell Automation, MathWorks, General Electric, Omron, Alstom, Yokogawa Electric Co. and Emerson Electric Co. Download the full report: https://www.reportbuyer.com/product/3281794/ About Reportbuyer Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers http://www.reportbuyer.com For more information: Sarah Smith Research Advisor at Reportbuyer.com Email: [email protected] Tel: +44 208 816 85 48 Website: www.reportbuyer.com To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-data-acquisition-daq-market---market-size-share-and-forecasts-2015-2020-300150240.html SOURCE ReportBuyer 
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