Global Temperature Data Loggers Market Size By Type (Stand-Alone Data Logger, Web-Based Data Logger, Wireless Data Logger), By Application (Medical Industry, Food Industry, Electronic Industry), By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Temperature Data Loggers Market size was valued at USD 1033.24 Million in 2020 and is projected to reach USD 1369.08 Million by 2028, growing at a CAGR of 3.58% from 2021 to 2028.
Increasing demand for temperature data-loggers in the food and beverage industry, pharmaceutical industry, and the chemical industry is the major factor driving the market growth. In addition, rising awareness about the importance of monitoring environmental conditions is another factor that further propels market growth. The Global Temperature Data Loggers Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Temperature Data Loggers Market Definition
Temperature Data-loggers is also referred to as temperature monitor, is a portable measurement tool that can autonomously record temperature over a defined period. The digital data may be retrieved, viewed, and evaluated after it’s been recorded. A data logger is typically used to monitor shipments in a cold chain and to accumulate temperature data from various field conditions. In the past, the data recorded by the temperature data logger was stored in a database or spreadsheet format.
Also, we can only view a record using unique software provided by the manufacturer. But advanced loggers can generate the report automatically in PDF format when connected to a PC or mobile. Furthermore, the data logger generates the encrypted PDF files, meaning that no one can edit or adjust the reports, ensuring that data always remains unaltered and true to the initial recording. Furthermore, some temperature data loggers even help us in maintaining the temperature in an area or storage container.
Many permit to enter a high and low value for storage area and send signals or notifications if the temperature changes. In a few cases, even automatically modify the temperature controls to maintain the desired level. In addition, higher-end temperature data loggers can also additionally comprise an extensive variety of sensors which include wind and light sensors. Furthermore, one of the most beneficial features of modern loggers is that they provide incredibly accurate and have updates every minute if necessary.
Global Temperature Data Loggers Market Overview
Increasing demand for temperature data-loggers in the pharmaceutical industry is the key factor driving the marketplace growth. Many pharmaceutical organizations avoid spoilage, by including compact temperature data loggers in transported materials and ensuring the integrity of the product. In addition, the growing demand for temperature data-loggers in the food and beverage enterprise is another factor that propels the marketplace growth. For instance, in the food industry, storing meals at a proper temperature is crucial to prevent the growth of bacteria, which include E. Coli and Salmonella, which may also result in extreme illnesses.
Thus, to prevent the growth of bacteria, many food organizations are using Temperature Data Loggers to monitor the temperature of food to ensure meals safety. Moreover, the development of an embedded device based on a programmable system-on-chip temperature data logger that provides real-time monitoring with active alarms featuring a compact design, low power consumption, recorded data in EPROM, and has additional connected LCD anticipates the worldwide demand for temperature data loggers.
Furthermore, wireless temperature data loggers send alerts whenever the temperature reaches certain thresholds and permit agencies to respond to temperatures modifications in real-time and keep away from any product deterioration. These factors contribute effectively to the adoption of the temperature data logger marketplace. However, the excessive upfront value related to temperature data loggers acts as a restraint for the marketplace and restricts the adoption from smaller manufacturers, thereby, adversely influencing the marketplace adoption rate.
Global Temperature Data Loggers MarketSegmentation Analysis
The Global Temperature Data Loggers Market is Segmented on the basis of Product Type, Application, And Geography.
Temperature Data Loggers Market, By Product Type
• Stand-Alone Data Logger• Web-Based Data Logger• Wireless Data Logger• BLE Data Logger
Based on Product Type, the market is further segmented into Stand-alone Data Logger, Web, based Data Logger, Wireless Data Logger, and BLE Data Logger. The wireless temperature data loggers permit the data to be monitored remotely over the internet through the cloud and ensure the reliability of the data by auto-connecting and resume uploading of data without any human intervention, ensuring real-time and seamless data recording and analysis.
Temperature Data Loggers Market, By Application
• Medical Industry• Food Industry• Electronics Industry• Agricultural Industry• Others
On the basis of application, the market Medical Industry, Food Industry, Electronic Industry, Agricultural Industry, and Others. The Food Industry segment is expected to witness the highest CAGR for the forecast period. Increasing demand for temperature data-loggers in the food and beverage industry boosts the marketplace growth. In the food industry storing food at a proper temperature is crucial to prevent the growth of bacteria, consisting of E. Coli and Salmonella, which may lead to critical illnesses. Evidently, food storage organizations constantly monitor the temperature of food, as per the guidelines of US regulatory organizations to ensure food safety.
Temperature Data Loggers Market, By Geography
• North America• Europe• Asia Pacific• Rest of the world
On the basis of regional analysis, the Global Temperature Data Loggers Market is classified into North America, Europe, Asia Pacific, and Rest of the world. North America is predicted to grow at the highest CAGR during the forecast period. With the rise of industries consisting of logistics gaining momentum in the United States, it has become crucial for service providers to enhance the quality as goods transported, some of which could be essential to fitness and safety, hence monitoring temperature and humidity in the transportation of products leveraging the growth of temperature data loggers in the region.
Key Players
The “Global Temperature Data Loggers Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as OMEGA Engineering Inc. (Spectrics), Cryopak (Integreon), Hioki EE Corporation, Testo SE & Co. KGaA, Rotronic AG, Onset Computer Corporation, Lascar Electronics Limited, NOVUS Automation Inc., Protimeter (Amphenol Corporation), and Madgetech Inc.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
• In January 2020, MadgeTech announced the launch of TCTempX16, a thermocouple-based temperature data logger that offers 16 channels of simultaneous data monitoring. It provides around 4,000,000 time and date stamp readings with the flexibility to disable channels, to ensure maximum memory capacity. It is capable of measuring temperature, ranging from -270°C to 1,300°C, with an accuracy of ±0.1°C.
• In November 2019, Cryopak announced the launch of the contactless temperature logger (CTL), a data logger with wireless capabilities to its existing portfolio of cold chain data loggers. The CTL features a plug-and-play design that captures temperature data and presents it in the form of PDF, Excel, and Raw data. Additionally, the data can be transferred via mobile app and is compatible with Android, IOS, and Windows platforms.
Report Scope
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2017-2028
BASE YEAR
2020
FORECAST PERIOD
2021-2028
HISTORICAL PERIOD
2017-2019
UNIT
Value (USD Million)
KEY COMPANIES PROFILED
OMEGA Engineering Inc. (Spectrics), Cryopak (Integreon), Hioki EE Corporation, Testo SE & Co. KGaA, Rotronic AG, Onset Computer Corporation.
SEGMENTS COVERED
• By Product Type • By Application • By Geography
CUSTOMIZATION SCOPE
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We take a close look at the market using both qualitative and quantitative analysis, diving into different segments based on what people buy and why – both in terms of money and other factors. We'll give you the market value (in USD Billion) for each of those segments and sub-segments. Plus, we'll point out the region and segment that we think will grow the fastest and be the biggest. You'll get a breakdown by geography showing who's using the product/service where, and what's impacting the market in each of those areas. We also map out the competitive landscape, ranking the major players and highlighting new service/product launches, partnerships, expansions, and acquisitions from the last five years. You'll find extensive company profiles with an overview, insights, product comparisons, and even a SWOT analysis for the top companies. We'll give you our take on the current and future market, keeping an eye on recent happenings, growth opportunities, drivers, and challenges in both emerging and mature regions. We also dig deep with Porter's five forces analysis. Get a clear picture of how the market works through a Value Chain view. Finally, we'll lay out the market dynamics and growth opportunities that are coming down the line. And, to top it off, you get 6 months of analyst support after the sale.
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