Data Logger Market Size & Share, by Type (Electronic, Wireless, Mechanical); Channel (Single -Channel, Multi-Channel); Industry (Manufacturing, Automotive, Oil & gas, Energy & Power) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 5189
  • Published Date: Aug 25, 2023
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2023 - 2035

Data Logger Market size is expected to cross USD 34.7 Billion by the end of 2035, growing at a CAGR of 13% during the forecast period, i.e., 2023-2035. In the year 2022, the industry size of data logger was over USD  8 Billion. As industries increasingly adopt automation and Internet of Things (IoT) technologies, the demand for data loggers has surged. A report estimated that the number of connected devices will quadruple by 2030, from 15.1 billion in 2020 to more than 29 billion. Data loggers play a vital role in collecting and transmitting real-time data from various industrial processes and equipment, enhancing operational efficiency, monitoring, and maintenance.

Many industries, such as pharmaceuticals, food and beverage, and healthcare, are subject to strict regulations that require accurate data monitoring and recording. Data loggers offer a reliable solution for ensuring compliance with these regulations by maintaining accurate and traceable records.


Data Logger Market
Get more information on this report: Request Free Sample PDF

Data Logger Sector: Growth Drivers and Challenges

Growth Drivers

  • Advancement in Wireless Communication The growth of wireless technologies, including Wi-Fi, Bluetooth, and cellular networks, has enabled remote data monitoring and real-time data collection. According to a study, more than 70 % of companies indicated that 5G would undoubtedly benefit their current WIFI system. This capability has significantly expanded the application areas for data loggers, especially in remote and hard–to–reach locations.
  • Energy Management & Sustainability–Businesses and institutions are placing more emphasis on energy efficiency and sustainability. Data loggers that track energy consumption, power usage, and environmental conditions help organizations optimize their operations and reduce their carbon footprint.
  • Automotive and Transportation - The automotive industry employs data loggers for performance testing, vehicle diagnostics, and automotive safety systems. These devices assist in collecting data related to vehicle parameters, fuel efficiency, and driver behavior, and with automotive sales increasing, by 2021, 66.7 million units will have been sold.

Challenges

  • Limited Connectivity in Remote Areas- While wireless connectivity has improved, there are still remote areas with limited or no network coverage. In such locations, transmitting data from data loggers to centralized systems can be difficult, requiring alternative solutions like satellite communication.
  • Maintenance and Reliability
  • Regulatory Compliance

Data Logger Market: Key Insights

Base Year

2022

Forecast Year

2023-2035

CAGR

~ 13 %

Base Year Market Size (2022)

 ~ USD 8 Billion

Forecast Year Market Size (2035)

 ~ USD 34.7 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
Get more information on this report: Request Free Sample PDF

Data Logger Segmentation

Type (Electronic Data Logger, Wireless Data Logger, Mechanical Data Logger)

The wireless data logger segment is anticipated to account for 52% of the global data logger market owing to a surge of networks switching to cloud systems. According to a report, 94% of businesses use cloud services, 67.5 percent of enterprise infrastructure is now cloud-based, and 92% of businesses have multi-cloud strategies in place. With advantages such as data analysis being carried on with test analysis, the segment is gaining much profit.

Channel (Single -Channel, Multi-Channel)

Multi-channel data loggers are expected to garner the highest market value, owing to their user-end customization to fit any application feature. And with the world moving towards the digital era, multi-channel data loggers fit right in being user-friendly, gaining popularity.

Industry (Manufacturing, Automotive, Oil & gas, Energy & Power)

Data logger market from the automotive segment is estimated to hold the largest revenue share, owing to electronic systems being used more and more in automobiles. According to projections, the cost of a new car will be made up of about 50% electronics by 2030. The number of autonomous vehicles is expected to increase from an anticipated 31.4 million in 2019 to 54 million in 2024, which will further increase the demand for automotive electronics, increasing the market for data loggers.

Our in-depth analysis of the global market includes the following segments:

   Type

  • Electronic Data Logger
  •  Wireless Data Logger
  •  Mechanical Data Logger

   Channel

  • Single-Channel
  •  Multi-Channel

   Industry

  • Manufacturing
  • Automotive
  •  Oil & gas
  •  Energy & Power

Want to customize this research report as per your requirements? Our research team will cover the information you require to help you take effective business decisions.

Customize this Report

Data Logger Industry - Regional Synopsis

North American Market Forecast

The data logger market in North America is anticipated to have the largest market value by the end of 2035 accounting for 35 % of the market, owing to the early adoption of industrial automation and IoT technologies across various industries. According estimates, IoT connections are anticipated to reach 5.4 billion by 2025, in North America alone. Industries in the region are subjected to strict regulations, particularly in fields such as healthcare, pharmaceuticals, and food safety. This drives the demand for data loggers that can ensure compliance and accurate data recording.

European Market Statistics

 The data logger industry in Europe is seen to have a prominent opportunity, due to the emphasis placed in the region on environmental monitoring, energy efficiency, and regulatory compliance.  Data loggers are essential for accurate data gathering and analysis in sectors including pharmaceuticals, agriculture, and logistics.

Research Nester
Data Logger Market Size
Get more information on this report: Request Free Sample PDF

Companies Dominating the Data Logger Landscape

top-features-companies
    • NATIONAL INSTRUMENTS CORP
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Keysight Technologies
    • ABB
    • Robert Bosch GmbH
    • G-Tek Corporation
    • Thermo Fisher Scientific Inc
    • KIMOCOREA.CO., LTD. 
    • Dickson, Inc.
    • DIGITRON ITALIA SRL
    • Delphin Technology AG
    • Chauvin Arnoux, Inc. d.b.a. AEMC Instruments.
    • Lascar Electronics 

In-the-news

In The News

  • The new HOBO MX2205 TidbiT Data Logger, a cheap, simple-to-use Bluetooth data logger with both internal and external temperature sensors, was just released, according to Onset, a reputable maker of field-proven data loggers.
  • Leading supplier of data recording solutions Lascar Electronics has revealed a significant achievement for their company. A key milestone in the company's objective to offer trustworthy and reasonably priced monitoring devices to clients around the world was reached with the sale of more than one million data loggers.

Author Credits:  Abhishek Verma, Hetal Singh


  • Report ID: 5189
  • Published Date: Aug 25, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Advancement in wireless technologies, increasing adoption of IoT , surging automotive electronic are some of the major growth drivers for the market of data loggers .

The market size of Data Logger is anticipated to attain a CAGR of 13 % over the forecast period, i.e., 2023 – 2035.

The major players in the market are Keysight Technologies, ABB, Robert Bosch GmbH, G-Tek Corporation, KIMOCOREA.CO., LTD. , Dickson, Inc., DIGITRON ITALIA SRL, Delphin Technology AG, Chauvin Arnoux, Inc. d.b.a. AEMC Instruments., Lascar Electronics and others

The Automotive segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
Data Logger Market Report Scope
  GET A FREE SAMPLE

FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.

 Request Free Sample Copy

Have questions before ordering this report?

Inquiry Before Buying