Global Data Logger Market – Industry Trends and Forecast to 2029

Market Analysis and Size

Data logger is widely being utilized as multichannel device with sensors for measuring various set of data. These can be standalone with internal sensors and effectively measure and record physical and electrical parameters.

Global Data Logger Market was valued at USD 7.071 billion in 2021 and is expected to reach USD 12.70 billion by 2029, registering a CAGR of 7.60% during the forecast period of 2022-2029. Oil and Gas accounts for the largest end user segment owing to the massive requirement for quick access to real-time data. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Market Definition

Data logger refers to an electronic gadget that assists in recording events or estimations at various intervals. These gadgets are prepared with electronic sensors that are specifically designed for various measurements.

Report Scope and Market Segmentation

Data Logger Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers

• Increased Vehicle Production

The increase in the demand for high performance and reliability of automobiles among consumers acts as one of the major factor driving the growth of data logger market. The rise in demand for these enhanced vehicles escalate vehicle production.

• Technologically Advanced Solutions

The increase in implementation of technologically advanced solutions in automotive industry for monitoring several factors, including temperature, shock and vibration accelerate the market growth. The high demand for measurement and control operations, and production in the utilization of electric vehicles assist in the expansion of the market.

• High End Luxury Cars

The increase in the sales of high end luxury cars is accelerating the growth of the market. The surge in disposable income is escalating demand for high end luxury cars among population throughout the world. The rise in the demand for high performance and reliability of automobiles among consumers drives the market growth.

Additionally, expansion of the automotive sector, surge in investments and increased disposable income positively affect the data logger market.

Opportunities

Furthermore, increase in demand for automated gadgets and production in the utilization of electric vehicles extends profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, increased demand for autonomous vehicle testing will further escalate the growth of data logger market.

Restraints/Challenges faced by the Data Logger Market

On the other hand, high cost associated with the data gaining systems is expected to obstruct market growth. Also, dearth of skilled workforce for installation and maintenance of data loggers is projected to challenge the data logger market in the forecast period of 2022-2029.

This data logger market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the data logger market contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth.

COVID-19 had a Major Impact on Data Logger Market

COVID-19 had a negative impact on the global data logger market due to the commute restrictions. The market faced various challenges, such as regulatory and policy changes, working capital management, supply chain execution and dependency on labor. However, organizations prepared strategic cost-saving plans to manage the impact of the pandemic. The demand for vehicle tracking hardware and managing software has increased to manage and cater to the continuous supply of essentials in the post pandemic scenario.

Global Data Logger Market Scope

The data logger market is segmented on the basis of type, measurement, deployment, channel and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Automated Systems/Modules
• Stand-Alone Data Loggers

Measurement

• Multi- Sensor
• Humidity
• Power
• Temperature
• Pressure

Deployment

• USB Data
• Bluetooth Enabled Loggers
• Web-based Systems
• Wireless

Channel

• CAN and CAN FB
• Ethernet
• FlexRay
• LIN

End User

• Oil and Gas
• Power
• Transportation
• Environment
• Others

Data Logger Market Regional Analysis/Insights

The data logger market is analyzed and market size insights and trends are provided by country, type, measurement, deployment, channel and end user as referenced above.

The countries covered in the data logger market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC)  in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

North America dominates the data logger market because of the huge adoption rates of industrial robots along with the rising popularity of logistics industry in the United States.

Asia-Pacific (APAC) is expected to witness significant growth during the forecast period of 2022 to 2029 due to the rise in the awareness regarding the advantages of data generated by the machines in the region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Data Logger Market Share Analysis

The data logger market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to data logger market.

Some of the major players operating in the data logger market are

• Robert Bosch GmbH (Germany)
• Delphi Technologies (UK)
• Vector Informatik GmbH (Germany)
• Continental AG (Germany)
• Harman International (US)
• Racelogic Ltd. (UK)
• National Instruments (US)
• TTTech Computertechnik AG (Austria)
• Xilinx (US)
• Intrepid Control Systems, Inc. (US)
• Dewesoft d.o.o. (Slovenia)
• HEM Data Corporation (US)
• Danlaw Technologies India Limited (India)
• MEN Micro Inc. (US)
• Ipetronik GmbH & Co. KG. (Germany)
• MadgeTech (US)
• Influx Technology (UK)
• NSM Solutions (India)
• myCarma (India)
• Transtron Inc. (Japan)

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