Report Description Table of Contents The data acquisition hardware market was worth USD 48.23 billion in 2023 and will be worth USD 75.43 billion by 2030, growing at a CAGR of 5.75% during the forecast period. The Data Acquisition Hardware market has been growing due to the rising use of real-time controlling and monitoring systems throughout the automotive, aerospace, and manufacturing sectors. Due to the Industry 4.0 implementation of automation and smart factories, there is a growing need for Data Acquisition Systems to note the equipment's performance, quality, and efficiency. For instance, in the automotive field, the emerging trend of EVs means increasing demand for testing and measuring battery systems using data acquisition equipment. As per the current trends, there has been an emerging trend in wireless or portable data acquisition systems that bring more flexibility in remote areas of the operation besides taking less time for setup. Also, IoT improvements and especially edge computing are improving the hardware used for data acquisition as the speed and effectiveness of calculations made directly at the source is increasing. These constant technological changes benefit industries since the processes make them more efficient and reduce downtime. The Data Acquisition Hardware market presents significant opportunities, particularly with the growing adoption of IoT and Industry 4.0 initiatives. By 2025, it's estimated that there will be over 75 billion connected IoT devices, which will drive demand for data acquisition systems to collect, process, and analyze data in real time. Recent developments include the rise of edge computing, allowing data acquisition hardware to process data directly at the source, reducing latency, and improving operational efficiency. For example, smart manufacturing environments utilize advanced data acquisition systems to monitor machine performance and predict maintenance needs, which helps reduce downtime and optimize productivity, creating a strong growth opportunity in this sector. Market Segmentation By Type: External Data Acquisition Systems Plug-In Data Acquisition Boards Wireless Data Acquisition Systems By Component: Sensors Signal Conditioners Analog-to-Digital Converters (ADC) Digital-to-Analog Converters (DAC) Multiplexers By Application: Research and Development Quality Control and Testing Production Monitoring Field Data Acquisition By Industry: Automotive Aerospace and Defense Healthcare Energy and Power Telecommunications Environmental Monitoring Manufacturing By Connectivity: USB Ethernet Wireless PCI/PCIe Other Interfaces By Region North America US Mexico Canada Rest of North America Europe Switzerland Russia France Germany U.K Finland Turkey Netherlands Belgium Spain Italy Rest of Europe Asia Pacific India China South Korea Japan Singapore Thailand Indonesia Malaysia Philippines Australia Rest of Asia-Pacific LAMEA Brazil Argentina Uruguay Saudi Arabia Rest of LAMEA Segment Analysis for the Data Acquisition (DAQ) Hardware Market By Type: Leading Segment: External Data Acquisition Systems External DAQ systems dominate the market with over 40% market share, as they provide flexibility & compatibility with various sensors & instruments. These systems are widely used in industrial automation and laboratory environments. Companies like National Instruments (NI) & Keysight Technologies lead this space, offering high-performance solutions for real-time data processing. The segment is expected to grow at a CAGR of 8.2% due to increasing industrial automation and IoT integration. Fastest-Growing Segment: Wireless Data Acquisition Systems Wireless DAQ systems are expanding at a CAGR of 11.5%, driven by the rise of IoT and Industry 4.0 applications. These systems remove the need for complex wiring which makes them ideal for remote monitoring, smart factories & aerospace applications. Companies like Honeywell and Siemens are investing in wireless DAQ solutions to cater to smart infrastructure needs. By Component: Leading Segment: Analog-to-Digital Converters (ADC) ADCs hold a 35% market share as they are fundamental in converting real-world signals into digital formats for analysis. High-speed ADCs are crucial for applications such as automotive testing & medical diagnostics. The segment is growing steadily at a CAGR of 7.8%, supported by increasing demand for real-time signal processing in industries like telecommunications & healthcare. Fastest-Growing Segment: Sensors Sensors are experiencing the highest growth with a CAGR of 10.6%, fueled by advancements in MEMS technology, IoT devices & autonomous systems. These sensors enable precise data collection for predictive maintenance & environmental monitoring. Companies like Texas Instruments & Bosch Sensortec are leading in sensor innovation, integrating AI-driven analytics for enhanced accuracy. By Application: Leading Segment: Quality Control and Testing Quality control & testing applications hold 38% of the market share, as industries such as automotive and aerospace require precise data monitoring to ensure product reliability. For example, Tesla uses advanced DAQ systems to test battery performance & vehicle endurance. This segment is expected to grow at a CAGR of 8.4%, driven by stringent regulatory compliance requirements. Fastest-Growing Segment: Field Data Acquisition Field DAQ applications are growing at a CAGR of 12.2%, fueled by environmental monitoring, remote industrial automation & smart grid deployments. The use of IoT-connected DAQ devices in oil & gas, renewable energy, and smart agriculture is expanding rapidly. Companies like Campbell Scientific & Yokogawa are leading innovations in portable DAQ systems for off-grid and harsh environment monitoring. By Industry: Leading Segment: Automotive The automotive sector holds 30% of the market, driven by the increasing adoption of electric vehicles (EVs), ADAS (Advanced Driver Assistance Systems), and autonomous driving technologies. Companies like Tesla, BMW, and Ford rely on DAQ hardware for vehicle testing, crash analysis, and powertrain optimization. The segment is projected to expand at a CAGR of 9.1% due to increasing R&D in EV battery performance and emissions control. Fastest-Growing Segment: Aerospace and Defense With a CAGR of 13.0%, the aerospace and defense sector is the fastest-growing, primarily due to increasing investments in military aircraft testing, satellite communication, and UAV (Unmanned Aerial Vehicle) development. Organizations like NASA and Lockheed Martin use high-precision DAQ systems for wind tunnel testing, avionics validation, and space exploration research. By Connectivity: Leading Segment: USB-Based DAQ Systems USB-based DAQ holds a 45% market share, as these devices offer plug-and-play functionality, affordability & widespread compatibility. They are widely used in laboratories, production facilities, and R&D centers. Companies like NI & Measurement Computing lead the market by providing cost-effective USB DAQ solutions with high-speed data transfer capabilities. The segment is expected to grow at a CAGR of 8.5%. Fastest-Growing Segment: Wireless DAQ Systems Wireless connectivity is growing at a CAGR of 12.8%, driven by the demand for real-time remote monitoring, IIoT (Industrial IoT) applications, and mobile sensor networks. Companies like Emerson and Advantech are innovating in Wi-Fi & Bluetooth-enabled DAQ systems to support smart city infrastructure, smart factories, and industrial automation. By Region: Leading Region: North America North America accounts for 40% of the DAQ market, with the United States leading in industrial automation, aerospace R&D & EV adoption. The presence of key players like Keysight, NI & Honeywell further strengthens the region's dominance. Government initiatives promoting 5G infrastructure & smart grid deployments also contribute to market growth. The region is expected to maintain a CAGR of 8.3%. Fastest-Growing Region: Asia Pacific Asia Pacific is witnessing the highest growth at a CAGR of 11.7%, driven by rapid industrialization, increasing demand for EVs, and smart manufacturing initiatives. Countries like China, Japan, and India are heavily investing in semiconductor testing, automotive R&D, and aerospace innovations. For example, China’s push for self-reliance in semiconductor production is boosting the demand for high-precision DAQ hardware in quality control and production monitoring. Key Players National Instruments Keysight Technologies Honeywell International Siemens AG ABB Ltd. Yokogawa Electric Corporation Tektronix Rockwell Automation Omron Corporation AMETEK Inc. Data Acquisition Hardware Market Report Coverage Report Attribute Details Forecast Period 2023 – 2030 Market Size Value in 2023 USD 48.23 billion Revenue Forecast in 2030 USD 75.43 billion Overall Growth Rate CAGR of 5.75% Base Year for Estimation 2022 Historical Data 2017 – 2021 Unit USD Billion, CAGR (2023 - 2030) Segmentation By Type, By Component, By Application, By Industry, By Connectivity, By Region By Type External Data Acquisition Systems, Plug-In Data Acquisition Boards, Wireless Data Acquisition Systems By Component Sensors, Signal Conditioners, Analog-to-Digital Converters (ADC), Digital-to-Analog Converters (DAC), Multiplexers By Application Research and Development, Quality Control and Testing, Production Monitoring, Field Data Acquisition By Industry Automotive, Aerospace and Defense, Healthcare, Energy and Power, Telecommunications, Environmental Monitoring, Manufacturing By Connectivity USB, Ethernet, Wireless, PCI/PCIe, Other Interfaces By Region North America, Europe, Asia Pacific, LAMEA Country Scope US, Mexico, Canada, Germany, UK, France, China, Japan, India, etc. Pricing and Purchase Options Avail customized purchase options to meet your exact research needs. Frequently Asked Question About This Report How big is the Data Acquisition Hardware Market? The data acquisition hardware market was valued at USD 48.23 billion in 2023 and is projected to reach USD 75.43 billion by 2030, growing at a CAGR of 5.75% during the forecast period. What are the key factors driving the growth of the Data Acquisition Hardware Market? The market growth is propelled by the rising use of real-time control and monitoring systems across automotive, aerospace, and manufacturing sectors. The implementation of Industry 4.0 and smart factories increases the demand for data acquisition systems to monitor equipment performance, quality, and efficiency. Who are the major players in the Data Acquisition Hardware Market? Prominent companies include National Instruments, Keysight Technologies, and Advantech Co., Ltd. Which region held the largest Data Acquisition Hardware Market share? North America holds the largest market share, attributed to the early adoption of advanced technologies and the presence of key industry players in the region. Which application had the largest Data Acquisition Hardware Market share? The manufacturing segment dominates the market, as data acquisition systems are extensively used for production monitoring, quality control, and process optimization in industrial settings. . Table of Contents 1. DATA ACQUISITION HARDWARE MARKET – PRODUCTION VOLUME BY REGION, (2024 – 2030) 1.1. North America 1.2. Europe 1.3. Asia Pacific 1.4. Latin America 1.5. Middle East & Africa 2. DATA ACQUISITION HARDWARE MARKET – REVENUE ($MILLION), BY REGION, (2024 – 2030) 2.1. North America 2.2. Europe 2.3. Asia Pacific 2.4. Latin America 2.5. Middle East & Africa 3. MARKET SHARE ANALYSIS – DATA ACQUISITION HARDWARE MARKET 3.1. Top 20 Players with Product Mix, Revenue, and Sales Volume 3.2. Market Share, 2023 3.3. Market By Type of Data Acquisition Hardware and End Use Outlook Analysis 4. HISTORIC TRENDS IN DATA ACQUISITION HARDWARE MARKET 5. EMERGING MARKET TRENDS 6. NORTH AMERICA DATA ACQUISITION HARDWARE MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 6.1. North America Data Acquisition Hardware Historical Market ($MILLION), (2017 – 2023) 6.2. North America Data Acquisition Hardware Market ($MILLION) and Forecasts (2024 – 2030) 6.3. North America Data Acquisition Hardware Market Type ($MILLION), and Forecasts (2024 – 2030), By Type 6.3.1. External Data Acquisition Systems 6.3.2. Plug-In Data Acquisition Boards 6.3.3. Wireless Data Acquisition Systems 6.4. North America Data Acquisition Hardware Market Type ($MILLION), and Forecasts (2024 – 2030), By Component 6.4.1. Sensors 6.4.2. Signal Conditioners 6.4.3. Analog-to-Digital Converters (ADC) 6.4.4. Digital-to-Analog Converters (DAC) 6.4.5. Multiplexers 6.5. North America Data Acquisition Hardware Market Type ($MILLION), and Forecasts (2024 – 2030), By Application 6.5.1. Research and Development 6.5.2. Quality Control and Testing 6.5.3. Production Monitoring 6.5.4. Field Data Acquisition 6.6. North America Data Acquisition Hardware Market Type ($MILLION), and Forecasts (2024 – 2030), By End-User 6.6.1. Automotive 6.6.2. Aerospace and Defense 6.6.3. Healthcare 6.6.4. Energy and Power 6.6.5. Telecommunications 6.6.6. Environmental Monitoring 6.6.7. Manufacturing 6.7. North America Data Acquisition Hardware Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 6.7.1. USA 6.7.2. Canada 6.7.3. Rest of North America 7. USA DATA ACQUISITION HARDWARE MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 8. EUROPE DATA ACQUISITION HARDWARE MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 8.1. Europe Data Acquisition Hardware Historical Market ($MILLION), (2017 – 2023) 8.2. Europe Data Acquisition Hardware Market ($MILLION) and Forecasts (2024 – 2030) 8.3. Europe Data Acquisition Hardware Market Type ($MILLION), and Forecasts (2024 – 2030), By Type 8.4. Europe Data Acquisition Hardware Market Type ($MILLION), and Forecasts (2024 – 2030), By Component 8.5. Europe Data Acquisition Hardware Market Type ($MILLION), and Forecasts (2024 – 2030), By Application 8.6. Europe Data Acquisition Hardware Market Type ($MILLION), and Forecasts (2024 – 2030), By End-User 8.7. Europe Data Acquisition Hardware Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 8.7.1. Germany 8.7.2. France 8.7.3. UK 8.7.4. Italy 8.7.5. Spain 8.7.6. Rest of Europe 9. APAC DATA ACQUISITION HARDWARE MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 9.1. APAC Data Acquisition Hardware Historical Market ($MILLION), (2017 – 2023) 9.2. APAC Data Acquisition Hardware Market ($MILLION) and Forecasts (2024 – 2030) 9.3. APAC Data Acquisition Hardware Market Type ($MILLION), and Forecasts (2024 – 2030), By Type 9.4. APAC Data Acquisition Hardware Market Type ($MILLION), and Forecasts (2024 – 2030), By Component 9.5. APAC Data Acquisition Hardware Market Type ($MILLION), and Forecasts (2024 – 2030), ByApplication 9.6. APAC Data Acquisition Hardware Market Type ($MILLION), and Forecasts (2024 – 2030), By End-User 9.7. APAC Data Acquisition Hardware Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 9.7.1. China 9.7.2. Japan 9.7.3. South Korea 9.7.4. India 9.7.5. Australia 9.7.6. Rest of APAC 10. LATIN AMERICA DATA ACQUISITION HARDWARE MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 10.1. Latin America Data Acquisition Hardware Historical Market ($MILLION), (2017 – 2023) 10.2. Latin America Data Acquisition Hardware Market ($MILLION) and Forecasts (2024 – 2030) 10.3. Latin America Data Acquisition Hardware Market Type ($MILLION), and Forecasts (2024 – 2030), By Type 10.4. Latin America Data Acquisition Hardware Market Type ($MILLION), and Forecasts (2024 – 2030), By Component 10.5. Latin America Data Acquisition Hardware Market Type ($MILLION), and Forecasts (2024 – 2030), ByApplication 10.6. Latin America Data Acquisition Hardware Market Type ($MILLION), and Forecasts (2024 – 2030), By End-User 10.7. Latin America Data Acquisition Hardware Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 10.7.1. Brazil 10.7.2. Argentina 10.7.3. Rest of Latin America 11. COMPANY PROFILES: 11.1. NATIONAL INSTRUMENTS 11.1.1. Company Overview 11.1.2. Company Snapshot 11.1.3. Operating business segments 11.1.4. Product offered and Revenue 11.1.5. Production & Sales 11.2. Keysight Technologies 11.3. Honeywell International 11.4. Siemens AG 11.5. ABB Ltd. 11.6. Yokogawa Electric Corporation 11.7. Tektronix 11.8. OTHER MARKET PLAYERS