Market Overview:
The global multi-channel data acquisition system market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for data acquisition systems in various applications, such as household and commercial applications. Additionally, the growing demand for miniaturized and portable data acquisition systems is also contributing to the growth of this market. On the basis of type, the global multi-channel data acquisition system market can be segmented into vibration motor type, ultrasonic type, and others. The vibration motor type segment is expected to hold a major share of this market during the forecast period owing to its high demand in industrial applications. On the basis of application, this market can be divided into household applications and commercial applications.
Product Definition:
A multi-channel data acquisition system is a device that can simultaneously collect data from multiple channels. This type of system is often used in research and development applications, as well as in manufacturing and process control settings. Multi-channel data acquisition systems can be used to monitor many different aspects of a process or system, such as temperature, pressure, flow rate, or vibration. They allow users to quickly and easily obtain accurate readings from multiple points simultaneously, which can help them troubleshoot problems and make better decisions about how to improve their processes.
Vibration Motor:
Vibration motor is a device used to convert electrical energy into mechanical energy. It is also known as electric motor or traction motor. Vibration motors are widely used in industrial applications such as material handling, packaging, assembly line automation and printing press drives among others. They are also used in automotive applications such as automobile transmission and engine startup/shutdown among others.
Ultrasonic:
Ultrasonic is a method of producing and detecting ultrasonic signals or vibrations in the range from 10-megahertz to 100-MHz. Ultrasonic data acquisition systems are used for measuring physical parameters such as temperature, force, and distance. These systems are widely used in industries such as automotive, medical & healthcare, food & beverages processing etc., for quality control applications.
Application Insights:
The commercial segment dominated the global market in 2017. The growth can be attributed to the increasing demand for energy and utility meters, water meters, gas meters and other metering devices from various industries across the globe. For instance, according to a study conducted by Wood Mackenzie in 2018, it was estimated that around 870 million households would be connected with smart electricity & gas grids by 2030 globally. This is expected to create huge potential for MDA systems over the forecast period as these systems are used for data collection from these metering devices.
Household segment is expected to grow at a significant rate over the forecast period owing to rising number of installations of energy saving products such as LED light bulbs and smart thermostats among others coupled with growing awareness about conservation of energy resources such as solar power.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing adoption of automation in industrial, medical, and other similar fields. Increasing disposable income coupled with rising penetration of MCDAS in emerging economies is further anticipated to fuel regional demand during the forecast period.
North America held a substantial share in 2016 owing to early adoption of technology across various applications such as automotive and aerospace among others. Moreover, high level of government support for research & development activities has resulted in increased product availability across this region which is further anticipated to propel market growth during the projected period from 2017 to 2030 (USD X).
The European market was valued at USD X million in 2016 and it is expected witness sluggish growth over next seven years due its aging infrastructure coupled with economic uncertainty post BREXIT vote which has led many companies including automakers.
Growth Factors:
- Increasing demand for data-driven decision making across industries
- Proliferation of smart devices and the Internet of Things (IoT)
- Growing volume and complexity of data
- Emergence of big data analytics platforms and services
- Shift to subscription-based pricing models
Scope Of The Report
Report Attributes
Report Details
Report Title
Multi-channel Data Acquisition System Market Research Report
By Type
Vibration Motor, Ultrasonic, Others
By Application
Household, Commercial
By Companies
VueSonic, DONGSEN, Ofone, HUELE, GENENG, Kowellsonic, Sopear, Bissport, ROSENICE
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
202
Number of Tables & Figures
142
Customization Available
Yes, the report can be customized as per your need.
Global Multi-channel Data Acquisition System Market Report Segments:
The global Multi-channel Data Acquisition System market is segmented on the basis of:
Types
Vibration Motor, Ultrasonic, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Household, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- VueSonic
- DONGSEN
- Ofone
- HUELE
- GENENG
- Kowellsonic
- Sopear
- Bissport
- ROSENICE
Highlights of The Multi-channel Data Acquisition System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Vibration Motor
- Ultrasonic
- Others
- By Application:
- Household
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Multi-channel Data Acquisition System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A multi-channel data acquisition system (MCDA) is a type of instrument that can measure multiple physical quantities simultaneously. MCDA systems are used in research and development, manufacturing, quality control, and other industrial applications.
Some of the major players in the multi-channel data acquisition system market are VueSonic, DONGSEN, Ofone, HUELE, GENENG, Kowellsonic, Sopear, Bissport, ROSENICE.
The multi-channel data acquisition system market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Multi-channel Data Acquisition System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Multi-channel Data Acquisition System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Multi-channel Data Acquisition System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Multi-channel Data Acquisition System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Multi-channel Data Acquisition System Market Size & Forecast, 2020-2028
4.5.1 Multi-channel Data Acquisition System Market Size and Y-o-Y Growth
4.5.2 Multi-channel Data Acquisition System Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Vibration Motor
5.2.2 Ultrasonic
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Household
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Multi-channel Data Acquisition System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Multi-channel Data Acquisition System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Vibration Motor
9.6.2 Ultrasonic
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Household
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Vibration Motor
10.6.2 Ultrasonic
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Household
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Vibration Motor
11.6.2 Ultrasonic
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Household
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Vibration Motor
12.6.2 Ultrasonic
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Household
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Vibration Motor
13.6.2 Ultrasonic
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Household
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Multi-channel Data Acquisition System Market: Competitive Dashboard
14.2 Global Multi-channel Data Acquisition System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 VueSonic
14.3.2 DONGSEN
14.3.3 Ofone
14.3.4 HUELE
14.3.5 GENENG
14.3.6 Kowellsonic
14.3.7 Sopear
14.3.8 Bissport
14.3.9 ROSENICE
