Data Logger Market Size

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.

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 â€“ 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 Size