Data Acquisition (DAQ) Hardware Market Analysis, Size and Growth to 2022

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The global Data Acquisition (DAQ) hardware market is anticipated to witness surging growth owing to increasing data monitoring requirements worldwide. DAQ systems are used to collect data from various instruments and sensors located in remote industrial sites. The data is further transmitted to a central site for control and monitoring purpose. Data acquisition hardware consists of sensors, signal conditioning circuitry, and analog-to-digital converters. Sensors are used to convert physical parameters into electrical signals. Signal conditioning circuitry converts sensor signals to digital values. Analog-to-digital converters are used for analog to digital conversion and vice-versa. Further, developments related to plug-in data acquisition cards may drive the data acquisition hardware market over the forecast period. Reducing data acquisition board size may also contribute to the augmentation of market. Additionally, increasing use of the equipment for strategic decision-making is expected to favor the data acquisition hardware market.

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Increasing requirements to analyze real time data for control purposes may drive market development. Additional, growing industrial automation requirements are anticipated to contribute to market expansion over the forecast period. Growing number of industrial sites being setup in remote locations resulting in increasing central monitoring requirements is projected to drive the data acquisition hardware market worldwide.

Data acquisition hardware is widely used for research and analysis, design validation and verification, manufacturing & quality test, diagnostics & repair, asset condition monitoring, and PC-based control and automation. Increasing research analysis and design activities such as characterizing new product design and modeling behavior of scientific phenomenon is expected to favor the data acquisition hardware market over the forecast period. Design validation and testing include verifying product lifecycle, establishing evidence, testing for accuracy and reliability, and ensuing conformance to industry standards. Manufacturing and quality testing includes various tests such as mechanical, electrical, and environmental tests. Diagnostics and repair systems are used for identifying root cause using adhoc measurements from of machinery and automated image inspection systems.

Complexities related to interfacing and software compatibility issues may pose challenge to the data acquisition hardware market. Additionally, increasing complexity related to signal conditioning may challenge market growth. Increasing complications related to sampling rate, resolution, and accuracy of data may pose a challenge to the DAQ hardware augmentation over the forecast period.

DAQ components include remote terminal units, human machine interface, data acquisition software, and programmable logic components. DAQ hardware is utilized across various industries such as power generation, oil & gas, manufacturing, waste water treatment, etc.

In May 2015, HBM introduced its GEN7tA recorder and DAQ system. The system which can acquire data up to 400mb per second is anticipated to be ideal for Avionics. Avionics testing requires hundreds of channels and high sample rates. GEN7tA with a standard Ethernet interface of 1Gbit supports streaming of data recorded directly to a PC at 100 MB per sec. The 1Gbit optical Ethernet provides isolated mainframe control and supports cable lengths up to 6.2 miles. Additionally, GEN7tA supports an optional removable solid state disk to directly record data on external NAS.

In June 2015, ADwin launched ADwin-PRO, a real time, DAQ and control system. ADwin-PRO provides modular data acquisition and can be mounted on bench top or rack-mountable enclosures. Additionally, the system provides USB or Ethernet communication options to connect with the host PC. The ADwin software environment is compatible with Windows and Linux environments. Further, the system offers programmability and development using the ADbasic and ADtools. Users of ADwin-PRO can run programs at KHz and MHz speed range. The system can also run open and closed loop control functions and can support multiple ADwin systems access on a central PC.

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