Portland, OR -- (SBWire) -- 05/29/2018 --Data acquisition systems collect data from field devices like sensors or transmitters on parameters such as temperature, voltage, current, sound, and pressure through a wired or wireless network. With powerful microprocessors, standalone data acquisition systems (which can perform data acquisition more efficiently) have emerged in the market. These systems are used in extreme environmental conditions, such as in temperature controlled chambers.
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The advances in wireless connectivity, such as LTE, WLAN 802.11ac, Bluetooth 4.0, and 4G, have led to a rise in adoption of wireless technologies and the development of inbuilt mobile data acquisition systems and wireless data acquisition systems. the ineed to measure the temperature or pressure of devices used in remote locations have paved the way for the development of data acquisition systems. The demand for these systems will drive market growth during the forecast period.
Research Beam analysts forecast the global industrial data acquisition systems market to grow at a CAGR of 5.36% during the period 2016-2020.
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Market challenge
- Inefficient signal conditioners
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Market trend
- Introduction of high speed data acquisition systems
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Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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Industrial Data Acquisition Systems Market to Grow at a CAGR of 5.36% During the Period 2016-2020
Research Beam analysts forecast the global industrial data acquisition systems market to grow at a CAGR of 5.36% during the period 2016-2020.