Global Data Loggers Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Data Loggers Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Data loggers is an electronic device, which can record data or relative position changing with time by using built-in instrument or external instrument or sensor. At present, more and more sensors are based on digital processors or computers. These loggers are usually small, battery-powered, portable and equipped with microprocessors, sensors and internal memories for data storage.

Market Overview:

The latest research study on the global Data Loggers market finds that the global Data Loggers market reached a value of USD 1633.37 million in 2022. It’s expected that the market will achieve USD 1973.26 million by 2028, exhibiting a CAGR of 3.2% during the forecast period.

Assessment of the Overall Impact of COVID-19 on the Industry

In order to curb the COVID-19 epidemic, most countries have introduced many policies, including border blockade and social distancing. The epidemic prevention and control measures will affect the flow of people and activities, and in turn affect logistics, making the production of manufacturing, especially labor-intensive industries, affected by the supply of raw materials and labor shortages.

For the Data Loggers industry, the blockade policy will affect the supply of raw materials and export trade of products. The social distancing policy may have a great impact on the production of products, especially for some small factories, they will spend more money to maintain production during the epidemic, and factories may face the risk of closure in some areas. With the gradual control of the epidemic, some factories began to resume operation. However, while operating production, enterprises need to protect the life and health of employees, such as purchasing masks, disinfectants and other epidemic prevention materials, disinfecting the working environment before and after the production, and testing the body temperature of employees every day to ensure the health of employees. These measures will increase the production cost of enterprises and affect the development of enterprises.

But in the long term, the COVID-19 outbreak may cause more factories to start using more automated production lines to avoid the pandemic's impact on the industry. In addition, the application of IoT technology may also bring more opportunities for industry participants.

Development of online sales model of Data Loggers

With the rapid development of e-commerce industry, many industries have developed the synchronous operation mode of online websites and offline stores, and Data Loggers industry have joined in. Online sales websites reduce many business components, including employees, procurement costs, telephone calls, data input, and requirements for opening physical stores, thus reducing transaction costs; Business management becomes easier: compared with traditional physical store management, online sales websites are easier to record store inventory, transportation, logs and overall business transactions. Online sales website also provides real-time update function, which can explore all the latest business trends, communicate with customers in time, solve problems and improve customer satisfaction. Many dealers choose to receive goods online, and orders can be tracked and managed online. Among online retailers, Amazon.com and eBay are the big sellers in the United States. The rapid development of the internet provides development conditions for the new online sales model of Data Loggers.

The growing demand for Data Loggers in transportation industry

In the process of long-distance or ocean transportation, too high or too low temperature and humidity in the warehouse will directly or indirectly affect the quality of the goods transported, especially when transporting frozen and refrigerated food. Data Loggers record data to remind transportation personnel of changes in temperature and humidity. In the environment, excessive temperature and humidity can directly lead to food deterioration. If it is too low or too high, it will deteriorate the taste of food and reduce its quality. The Data Loggers are light in design, and will automatically record the temperature and humidity values, and output the recorded values in the form of graphic table (JPG, TXT, Excel) through PC intelligent analysis software. when the temperature and humidity exceed the set high and low limits, the alarm will automatically respond, reminding the staff to adjust the temperature and humidity in food storage room or production workshop in time. Using Data Loggers to simplify the work will also save the cost, not be interfered by too many human factors, and objectively and truly reflect the recording process.
With the rapid development of e-commerce, the transportation industry has also developed rapidly. Especially cold chain transportation. Refrigerated and frozen foods are always in the specified low temperature environment during the production, storage, transportation, sales and before consumption, so as to ensure food quality and reduce food loss. The growing demand for Data Loggers in transportation industry will promote the development of Data Loggers industry.

Competition in the industry is fierce

For most industries the intensity of competitive rivalry is the major determinant of the competitiveness of the industry. Having an understanding of industry rivals is vital to successfully market a product. Positioning pertains to how the public perceives a product and distinguishes it from competitors. A business must be aware of its competitors marketing strategy and pricing and also be reactive to any changes made. The Data Loggers industry is facing a fierce competitive position. Many companies have been doing business in this industry. They pay more attention to R&D, product innovation, channel construction and customer relationship management, trying to gain greater market share and competitive advantage.

Region Overview:

North America dominated the Data Loggers market in 2022, with a market share of 39.3%.

Company Overview:

Sensitech is one of the major players operating in the Data Loggers market, holding a share of 5.51% in 2023.

Sensitech

Sensitech® is a world leader in supply chain visibility. Its innovative monitoring products and services help to maintain the quality, integrity and security of our customers' valuable products at every step in their journey, all around the world. For 30 years, leading companies in the food, pharmaceutical, industrial, consumer goods, and other industries have relied on Sensitech to help protect their products. Sensitech is a part of Carrier, a leading global provider of innovative HVAC, refrigeration, fire, security and building automation technologies.

ELPRO-BUCHS AG

ELPRO, founded in 1986, is a globally active Swiss provider of solutions for monitoring environmental conditions throughout the supply chain of perishable goods.

Segmentation Overview:

As for product types, the Stand-alone Data Logger segment held the largest market share in 2022.

Stand-alone Data Logger

Stand-alone data loggers refer to those able to record data to built-in memory without a connected PC.

Web-based Data Logger

Web-based data loggers work with any smart device or operating system that has a web browser (like Google Chrome, IE, or Firefox). For real-time data access via the internet, from anywhere, plus alarm notifications.

Wireless Data Loggers

Wireless Data Loggers measure and record data with wireless connection. If the connection is lost, the sensor will store any records until it can resume communication.

Application Overview:

The market's largest segment by application is the segment Healthcare Industry, with a market share of 25.78% in 2022.

Key Companies in the global Data Loggers market covered in Chapter 3:

Testo
KIMO
Onset HOBO
JRI Company
Sensitech
Dwyer Instruments
ELPRO-BUCHS AG
Rotronic
HIOKI
Comark Instruments
Dickson
MadgeTech
STANLEY Healthcare
ELITECH
Omega Engineering
Vaisala

In Chapter 4 and Chapter 14.2, on the basis of types, the Data Loggers market from 2018 to 2029 is primarily split into:

Stand-alone Data Logger
Web-based Data Logger
Wireless Data Loggers

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Data Loggers market from 2018 to 2029 covers:

Healthcare Industry
Food Industry
Cold Chain Management
Environment
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)