Thailand Data Acquisition Market Outlook 2030: Industry Insights & Opportunity Evaluation, 2019-2034

Thailand Data Acquisition Market by Offerings (Hardware, Software and Services); By Speed (High Speed and Low Speed); By Application (Research & Development, Field, Manufacturing & Quality, Asset Condition Monitoring, Design Validation & Repair); By End-User Industry (Aerospace & Defense, Energy & Power, Automotive & Transportation, Wireless Communication, Environmental Monitoring, Healthcare, Food & Beverages and Others)- Analysis of market share, size & trends for 2016-19 and forecasts to 2030

Market Overview

Data acquisition is a method that estimates actual life practical conditions by sampling signals which translate the samples into digital numerical values that can be managed by computers. Data acquisition systems, DAS or DAQ, are usually deployed for transforming analog wave patterns to digital values. The data acquisition system incorporates sensors for the conversion to electrical signals of physical variables, signal conditioning circuitry for receiving signals, and converting sensor signals in digital format and analog-to-digital converters to transform conditioned sensor signals to digital values. Software packages developed with some general programming languages, like Assembly, BASIC, C, C++, Fortran, Java, LabVIEW, Lisp, Pascal, etc.,

Market Highlights

Thailand Data Acquisition Market is anticipated to reach USD XXXX Million by 2030 from USD XXXX Million in 2019 growing at a CAGR of XX% during the forecast period. The Data Acquisition market is expected to grow on the back of the following reasons. The DAQ system industry's key drivers include enhanced adoption of the DAQ system in the aerospace and automobile industry, technical developments, and the versatility of the systems. In industries such as aviation, power & energy, automobiles, and telecommunications, the growing importance of the Data acquisition program and monitoring drives the market demand.

Thailand Data Acquisition Market: Segments

Increasing demand for DAQ hardware

Thailand Data Acquisition Market is segmented by offerings into hardware, software and services. Among these, the hardware segment dominated the industrial hose market with a market share of XX% in 2019 and is expected to continue dominating the market over the projected duration owing to increasing demand of DAQ hardware’s. It is an interface between a signal and a computer that can be linked to a computer's port or attached to slot cards, in the form of modules. DAQ equipment uses the method of signal conditioning, through which analog data is translated into digital data.

Thailand Data Acquisition Market: Market Dynamics

Drivers:

Increased production units

Thailand Data Acquisition Market is expected to grow mainly attributed to the rise in the number of production units in different industries, including automotive, textiles, power & energy, and pharmaceuticals. Moreover, there is an upsurge in demand for the DAQ systems in the Asia-Pacific market, propelling the growth of DAQ in Thailand.

Technological Advancements

Owing to technical advancements and automation developments in several end-user industries, the demand for data acquisition systems is expected to increase in the projected timeframe. Additionally, benefits including resource optimization, cost-effective production and energy efficiency are projected to significantly boost business growth. However, wireless DAQ growth is expected to offer key players with significant growth prospects over the forecast period.

Restraint:

Increasing privacy & security concerns

Data protection issues can impede the growth of the data acquisition market in Thailand. Nowadays, there has been a significant rise in the cases of hacking and cybercrime leading to increased chances of data breaching.

Key Players

· Acces I/O Products Inc.

Company overview

Business Strategy

Key Product Offerings

Financial Performance

Key Performance Indicators

Risk Analysis

Recent Development

Regional Presence

SWOT Analysis

· ADLINK Technology

· AOIP

· AstroNova GmbH

· Avisaro AG

· BOVISAR SRL

· BeanAir GmbH

· BMC Messsysteme GmbH

· Data Translation

· DATEXEL SRL

Thailand Data Acquisition Market Report also contains an analysis on:

· Thailand Data Acquisition Market by segment:

• By Offerings

Hardware

Software

Services

• By Speed

High Speed

Low Speed

• By Application

Research & Development

Field

Manufacturing & Quality

Asset Condition Monitoring

Design Validation & Repair

• By End-User Industry

Aerospace & Defense,

Energy & Power,

Automotive & Transportation,

Wireless Communication,

Environmental Monitoring,

Healthcare,

Food & Beverages

Others

· Thailand Data Acquisition Market Size

· Thailand Data Acquisition Market Dynamics

· Supply and Demand

· Current Issues/trends/challenges

· Competition and Companies Involved in the Market

· Value Chain of the Market

· Market Drivers and Restraints