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Data Acquisition Market in Southeast Asia :The Need for Advanced Data Processing and Measurements Fuels Market Growth

  • February 2015
  • 102 pages
  • Frost & Sullivan
Report ID: 2661572

Summary

Table of Contents

Key Findings

•The total data acquisition (DAQ) market in Southeast Asia (SE Asia) generated a revenue of $ x million in 2014.
•The positioning of SE Asia as a manufacturing hub and the increasing focus of R&D in the region, the growing industrial base, and the significance of power and energy activity in the region are expected to drive the growth of this market.
•Pricing pressure is high in the market as end users continue to demand lower prices. This intensifies competition among the market participants.
•The top x market participants contributed to x % of the total sales in 2014.
•With the exception of National Instruments’ dominant presence in the DAQ market in SE Asia, the rest of the market is extremely fragmented and competition is high.
•Although the market is essentially cost-driven, end users are seeking solutions that efficiently meet their requirements.
•System integrators play a strong role in the market to meet the needs of end users for complete ready-to-use systems.

CEO’s Perspective

The data acquisition market in SE Asia is at the growth stage. It is expected to experience a CAGR of x % until 2019.
Political instability, inflation, and other macroeconomic issues present strong challenges to the market, resulting in delayed projects and budget constraints.
Ethernet and USB data acquisition solutions are poised for highest growth in future, while the demand for VXI solutions are expected to decline.
Due to strong competition, market participants that aggressively introduce new products, upgrades, and additions into their existing product portfolios have better chances of success.

Key Questions This Study Will Answer

Is the market growing, how long will it continue to grow, and at what rate?
What are the factors driving the growth of the market? What are the restraints?
Which are the key end-user segments driving the market growth in SE Asia?
What does the competitive landscape look like?
What are the competitive factors that market participants can leverage to gain better market penetration?

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