Data Logger Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 7.40 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Data Logger Market Analysis
The data logger market is expected to register a CAGR of 7.4% during the forecast period (2021 - 2026). A sensor in combination with a microprocessor is being equipped inside the logger to enable the data logging device to achieve its purpose. Various types of data loggers and sensors are available in the market with the ability to accommodate a broad range of requirements for industries across the globe.
- The high demand for measurement and control operations in the industry have to lead to a significant boost to the market. The growing need for the controlled process to improve efficiency as well as to increase the equipment life has substantially accelerated market adoption.
- The high upfront cost associated with it acts as a restraint for the market. The huge costs associated with the technology restricts the small manufacturers from adopting it and thus adversely affects the market adoption rates.
Data Logger Market Trends
This section covers the major market trends shaping the Data Logger Market according to our research experts:
Oil and Gas is Expected to Hold a Major Market Share
- With the evolving environment of the current oilfield, there is a massive requirement for quick access to real-time data to make informed drilling and geological decisions. Surface data logging services are engineered which helps you reduce the nonproductive time (NPT) and overall risk.
- The operator needs a much wider picture to drill safer, faster, and better. In addition to traditional mud logging, real-time drilling monitoring, cuttings, and gas analyses provide the operator with vital insight about the well conditions, formation pressures, gas, and geology.
- With real-time data, expert reservoir insight and interpretation, and engineered drilling solutions, the operator can help to maximize the value of your deepwater, unconventionals and mature field assets every step of the way.
- Precise drilling measurements allow for enhanced decision-making and performance. Advanced gas analysis and extraction services provide absolute fluid characterization. Cuttings analysis, mineralogical and source rock/maturity rock cuttings at the well site enable timely formation evaluation decisions and can help place the wellbore in the reservoir target zone and the sweet spot.
Due to Early Adoption of Controlling Devices, North America is Expected to Hold a Major Market Share.
- With the logistics industry gaining huge popularity in the United States, it has become essential for service providers to enhance the quality of their service in order to gain a competitive advantage from other players in the market.
- With the addition of data loggers, the measurement readings of vibration and handling shock (drop height) environment of distribution packaging can help to reduce fatal situations and thus, improve customer satisfaction.
- There has been a massive growth in the adoption rate of automation in the industries in the United States. The huge adoption rates of industrial robots is an indicator to showcase the extent of automation.
- The industries are becoming aware of the advantages of data generated by the machines a well as started noticing the benefits if its analysis. This will contribute effectively to the adoption of Data Loggers due to their function of collecting the data.
Data Logger Industry Overview
The market consists of several major manufacturers. Due to the increased competition,none of the players currently hold a major market share. Due to the importance of data to the industry, the data logger market is viewed as a great investment opportunity due to the huge benefits that the manufacturers can gain. This is pushing the market towards a fragmented scenario. Companies are continuously trying to evolve their products in order to gain competitive advantage and to cater to changing consumer demands.
- May 2018 -NIannounced FlexLoggerconfiguration based data logging software for validation test. With intuitive workflows and integrated data management, FlexLogger helps automotive test departments quickly capture accurate, well-documented data to verify system functionality in real-world conditions and comply with strict government regulations.
Data Logger Market Leaders
-
National Instruments
-
Keysight Technologies
-
Yokogawa Electric Corporation
-
ABB
-
Robert Bosch GmbH
*Disclaimer: Major Players sorted in no particular order
Data Logger Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Deliverables
- 1.2 Study Assumptions
- 1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
- 4.2 Introduction to Market Drivers and Restraints
-
4.3 Market Drivers
- 4.3.1 High Demand for Measurement and Control Operations
-
4.4 Market Restraints
- 4.4.1 High Up-front Associated Costs
-
4.5 Industry Attractiveness - Porter's Five Force Analysis
- 4.5.1 Threat of New Entrants
- 4.5.2 Bargaining Power of Buyers/Consumers
- 4.5.3 Bargaining Power of Suppliers
- 4.5.4 Threat of Substitute Products
- 4.5.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
-
5.1 By Deployment
- 5.1.1 USB Data
- 5.1.2 Bluetooth Enabled Logger
- 5.1.3 Web-based Systems
- 5.1.4 Wireless
-
5.2 By Channel
- 5.2.1 Single Channel
- 5.2.2 Multi-Channel
-
5.3 By Input Parameter
- 5.3.1 Temperature
- 5.3.2 Pressure
- 5.3.3 Humidity
- 5.3.4 Voltage
- 5.3.5 Other Input Parameters
-
5.4 By End-user Industry
- 5.4.1 Oil & Gas
- 5.4.2 Manufacturing
- 5.4.3 Automotive
- 5.4.4 Power & Utilities
- 5.4.5 Other End-user Industries
-
5.5 Geography
- 5.5.1 North America
- 5.5.2 Europe
- 5.5.3 Asia Pacific
- 5.5.4 Latin America
- 5.5.5 Middle East and Africa
6. COMPETITIVE LANDSCAPE
-
6.1 Company Profiles
- 6.1.1 National Instruments
- 6.1.2 Keysight Technologies
- 6.1.3 Yokogawa Electric Company
- 6.1.4 ABB
- 6.1.5 Robert Bosch GmbH
- 6.1.6 G - Tek Corporation India
- 6.1.7 Thermo Fisher Scientific
- 6.1.8 Kimo Instruments
- 6.1.9 HIOKI E.E. Corporation
- *List Not Exhaustive
7. INVESTMENT ANALYSIS
8. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityData Logger Industry Segmentation
A data logger is a battery-powered device used for recording and storing information. Various data loggers are designed to record information related to the environment in which the logger is positioned, thereby enabling users to obtain a record of events that occur over a specified time. Data loggers record sensor data over longer periods of time for monitoring, testing, and analyzing asset health and performance.
| By Deployment | USB Data |
| Bluetooth Enabled Logger | |
| Web-based Systems | |
| Wireless | |
| By Channel | Single Channel |
| Multi-Channel | |
| By Input Parameter | Temperature |
| Pressure | |
| Humidity | |
| Voltage | |
| Other Input Parameters | |
| By End-user Industry | Oil & Gas |
| Manufacturing | |
| Automotive | |
| Power & Utilities | |
| Other End-user Industries | |
| Geography | North America |
| Europe | |
| Asia Pacific | |
| Latin America | |
| Middle East and Africa |
Data Logger Market Research FAQs
What is the current Data Logger Market size?
The Data Logger Market is projected to register a CAGR of 7.40% during the forecast period (2024-2029)
Who are the key players in Data Logger Market?
National Instruments, Keysight Technologies, Yokogawa Electric Corporation, ABB and Robert Bosch GmbH are the major companies operating in the Data Logger Market.
Which is the fastest growing region in Data Logger Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Data Logger Market?
In 2024, the North America accounts for the largest market share in Data Logger Market.
What years does this Data Logger Market cover?
The report covers the Data Logger Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Data Logger Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Data Logger Industry Report
Statistics for the 2024 Data Logger market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Data Logger analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
