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Data Logger Market to record USD 1.82 Bn growth| Increasing demand for test, measurement, and control solutions to boost growth | Technavio
[July 04, 2022]

Data Logger Market to record USD 1.82 Bn growth| Increasing demand for test, measurement, and control solutions to boost growth | Technavio


NEW YORK, July 4, 2022 /PRNewswire/ -- The "Data Logger Market by Type, Measurement, and Geography - Forecast and Analysis 2020-2024" report by Technavio expects the market size to increase by USD 1.82 billion between 2019 and 2024. The market observed YOY growth of 4.56% in 2020 and the growth momentum is expected to accelerate at a CAGR of 6.96% during the forecast period. According to the report, the market will observe significant growth in APAC. The increasing adoption of automation technologies across industries is creating several growth opportunities for vendors operating in the region.

Get more highlights on the market size, YOY growth rates, and market growth across regions. View Our Report Sample

Vendor Landscape

The global data logger market is fragmented, and the degree of fragmentation will accelerate during the forecast period. The market is highly competitive due to the presence of a large number of vendors that provide several types of data loggers. During the forecast period, the competition in the market will further intensify along with technological innovations and strategic partnerships and acquisitions.

Technavio identifies Accsense Monitoring Systems and Data Loggers Inc., Ammonit Measurement GmbH, Delphin Technology AG, Dickson Inc., Digitron Italia Srl, Keysight Technologies Inc., MadgeTech Inc., National Instruments Corp., Signatrol Ltd., and Thermo Fisher Scientific Inc. are some of the major market participants. Although the increasing demand for test, measurement, and control solutions, regulations to ensure equal and safe supply of resources, and the dominance of the oil and gas industry in the application segment will offer immense growth opportunities, high capital investments for software solutions, increased price wars among vendors, and the emergence of low-grade and non-durable data loggers will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Read Our Sample Report for further highlights on the vendor landscape and the factors impacting the market growth.

Data Logger Market 2020-2024: Segmentation

The global data logger market is segmented as below:

  • Type
    • Stand-alone Systems
    • Automated Systems/modules

The stand-alone systems segment generated maximum revenue in the market in 2021. The increasing demand for stand-alone data logger systems from food and beverage, automotive, oil and gas, industrial, and water and wastewater management sectors driving the growth of the segment. The market growth in the segment will be significant during the forecast period.

  • Measurement
    • Pressure
    • Power
    • Temperature
    • Humidity
    • Others

The pressure data logger segment dominated the global data logger market in 2021. The high dependency on pressure data loggers in oil and gas, aviation, and marine industries for safety and to maintain the efficiency of applications and processes is driving the growth of the segment.

  • Geography
    • APAC
    • North America
    • Europe
    • South America

51% of the market growth will originate from APAC. The growth of the automotive and electronics industry is one of the key factors driving the data logger market in APAC.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our data logger market report covers the following areas:

Data Logger Market 2020-2024: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the data logger market. Backed with competitive intelligence and benchmarking, our research report on the data logger market is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.

Data Logger Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist data logger market growth during the next five years
  • Estimation of the data logger market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the data logger market
  • Analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of data logger market vendors

Related Reports:

 





Data Logger Market Scope

Report Coverage

Details

Page number

120

Base year

2019

Forecast period

2020-2024

Growth momentum & CAGR

Accelerate at a CAGR of 6.96%

Market growth 2020-2024

USD 1.82 billion

Market structure

Fragmented

YoY growth (%)

4.56

Regional analysis

APAC, North America, Europe, South America, APAC, North America, Europe, and South America

Performing market contribution

APAC at 51%

Key consumer countries

US, China, Germany, Japan, and Taiwan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Accsense Monitoring Systems and Data Loggers Inc., Ammonit Measurement GmbH, Delphin Technology AG, Dickson Inc., Digitron Italia Srl, Keysight Technologies Inc., MadgeTech Inc., National Instruments Corp., Signatrol Ltd., and Thermo Fisher Scientific Inc

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized


 

Table Of Contents:

1 Executive Summary

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 01: Parent market
    • Exhibit 02: Market characteristics
  • 2.2 Value chain analysis
    • Exhibit 03: Value chain analysis: Electronic Equipment and Instruments

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 04: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 05: Market segments
  • 3.3 Market size 2020
  • 3.4 Market outlook: Forecast for 2020 - 2025
    • Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ million)
    • Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)

4 Five Forces Analysis

  • 4.1 Five forces analysis
    • Exhibit 08: Five forces analysis 2020 & 2025
  • 4.2 Bargaining power of buyers
    • Exhibit 09: Bargaining power of buyers
  • 4.3 Bargaining power of suppliers
    • Exhibit 10: Bargaining power of suppliers
  • 4.4 Threat of new entrants
    • Exhibit 11: Threat of new entrants
  • 4.5 Threat of substitutes
    • Exhibit 12: Threat of substitutes
  • 4.6 Threat of rivalry
    • Exhibit 13: Threat of rivalry
  • 4.7 Market condition
    • Exhibit 14: Market condition - Five forces 2020

5 Market Segmentation by Type

  • 5.1 Market segments
    • Exhibit 15: Type - Market share 2020-2025 (%)
  • 5.2 Comparison by Type
    • Exhibit 16: Comparison by Type
  • 5.3 Stand-alone systems - Market size and forecast 2020-2025
    • Exhibit 17: Stand-alone systems - Market size and forecast 2020-2025 ($ million)
    • Exhibit 18: Stand-alone systems - Year-over-year growth 2020-2025 (%)
  • 5.4 Automated systems/modules - Market size and forecast 2020-2025
    • Exhibit 19: Automated systems/modules - Market size and forecast 2020-2025 ($ million)
    • Exhibit 20: Automated systems/modules - Year-over-year growth 2020-2025 (%)
  • 5.5 Market opportunity by Type
    • Exhibit 21: Market opportunity by Type

6 Market Segmentation by Measurement

  • 6.1 Market segments
    • Exhibit 22: Measurement - Market share 2020-2025 (%)
  • 6.2 Comparison by Measurement
    • Exhibit 23: Comparison by Measurement
  • 6.3 Pressure - Market size and forecast 2020-2025
    • Exhibit 24: Pressure - Market size and forecast 2020-2025 ($ million)
    • Exhibit 25: Pressure - Year-over-year growth 2020-2025 (%)
  • 6.4 Power - Market size and forecast 2020-2025
    • Exhibit 26: Power - Market size and forecast 2020-2025 ($ million)
    • Exhibit 27: Power - Year-over-year growth 2020-2025 (%)
  • 6.5 Temperature - Market size and forecast 2020-2025
    • Exhibit 28: Temperature - Market size and forecast 2020-2025 ($ million)
    • Exhibit 29: Temperature - Year-over-year growth 2020-2025 (%)
  • 6.6 Humidity - Market size and forecast 2020-2025
    • Exhibit 30: Humidity - Market size and forecast 2020-2025 ($ million)
    • Exhibit 31: Humidity - Year-over-year growth 2020-2025 (%)
  • 6.7 Others - Market size and forecast 2020-2025
    • Exhibit 32: Others - Market size and forecast 2020-2025 ($ million)
    • Exhibit 33: Others - Year-over-year growth 2020-2025 (%)
  • 6.8 Market opportunity by Measurement
    • Exhibit 34: Market opportunity by Measurement

7 Customer landscape

  • 7.1 Customer landscape
    • Exhibit 35: Customer landscape

8 Geographic Landscape

  • 8.1 Geographic segmentation
    • Exhibit 36: Market share by geography 2020-2025 (%)
  • 8.2 Geographic comparison
    • Exhibit 37: Geographic comparison
  • 8.3 APAC - Market size and forecast 2020-2025
    • Exhibit 38: APAC - Market size and forecast 2020-2025 ($ million)
    • Exhibit 39: APAC - Year-over-year growth 2020-2025 (%)
  • 8.4 North America - Market size and forecast 2020-2025
    • Exhibit 40: North America - Market size and forecast 2020-2025 ($ million)
    • Exhibit 41: North America - Year-over-year growth 2020-2025 (%)
  • 8.5 Europe - Market size and forecast 2020-2025
    • Exhibit 42: Europe - Market size and forecast 2020-2025 ($ million)
    • Exhibit 43: Europe - Year-over-year growth 2020-2025 (%)
  • 8.6 MEA - Market size and forecast 2020-2025
    • Exhibit 44: MEA - Market size and forecast 2020-2025 ($ million)
    • Exhibit 45: MEA - Year-over-year growth 2020-2025 (%)
  • 8.7 South America - Market size and forecast 2020-2025
    • Exhibit 46: South America - Market size and forecast 2020-2025 ($ million)
    • Exhibit 47: South America - Year-over-year growth 2020-2025 (%)
  • 8.8 Key leading countries
    • Exhibit 48: Key leading countries
  • 8.9 Market opportunity by geography
    • Exhibit 49: Market opportunity by geography ($ million)

9 Drivers, Challenges, and Trends

  • 9.1 Market drivers
  • 9.2 Market challenges
  • 9.3 Market trends

10 Vendor Landscape

  • 10.1 Overview
    • Exhibit 51: Vendor landscape
  • 10.2 Landscape disruption
    • Exhibit 52: Landscape disruption
    • Exhibit 53: Industry risks

11 Vendor Analysis

  • 11.1 Vendors covered
    • Exhibit 54: Vendors covered
  • 11.2 Market positioning of vendors
    • Exhibit 55: Market positioning of vendors
  • 11.3 Accsense Monitoring Systems and Data Loggers Inc.
    • Exhibit 56: Accsense Monitoring Systems and Data Loggers Inc. - Overview
    • Exhibit 57: Accsense Monitoring Systems and Data Loggers Inc. - Product and service
    • Exhibit 58: Accsense Monitoring Systems and Data Loggers Inc. - Key offerings
  • 11.4 AiM Tech Srl
    • Exhibit 59: AiM Tech Srl - Overview
    • Exhibit 60: AiM Tech Srl - Product and service
    • Exhibit 61: AiM Tech Srl - Key offerings
  • 11.5 Ammonit Measurement GmbH
    • Exhibit 62: Ammonit Measurement GmbH - Overview
    • Exhibit 63: Ammonit Measurement GmbH - Product and service
    • Exhibit 64: Ammonit Measurement GmbH - Key offerings
  • 11.6 Delphin Technology AG
    • Exhibit 65: Delphin Technology AG - Overview
    • Exhibit 66: Delphin Technology AG - Product and service
    • Exhibit 67: Delphin Technology AG - Key offerings
  • 11.7 Dickson Inc.
    • Exhibit 68: Dickson Inc. - Overview
    • Exhibit 69: Dickson Inc. - Product and service
    • Exhibit 70: Dickson Inc. - Key offerings
  • 11.8 Digitron Italia Srl
    • Exhibit 71: Digitron Italia Srl - Overview
    • Exhibit 72: Digitron Italia Srl - Product and service
    • Exhibit 73: Digitron Italia Srl - Key offerings
  • 11.9 Keysight Technologies Inc.
    • Exhibit 74: Keysight Technologies Inc. - Overview
    • Exhibit 75: Keysight Technologies Inc. - Business segments
    • Exhibit 76: Keysight Technologies Inc. - Key news
    • Exhibit 77: Keysight Technologies Inc. - Key offerings
    • Exhibit 78: Keysight Technologies Inc. - Segment focus
  • 11.10 MadgeTech Inc.
    • Exhibit 79: MadgeTech Inc. - Overview
    • Exhibit 80: MadgeTech Inc. - Product and service
    • Exhibit 81: MadgeTech Inc. - Key offerings
  • 11.11 McLaren Group Ltd.
    • Exhibit 82: McLaren Group Ltd. - Overview
    • Exhibit 83: McLaren Group Ltd. - Business segments
    • Exhibit 84: McLaren Group Ltd. - Key news
    • Exhibit 85: McLaren Group Ltd. - Key offerings
    • Exhibit 86: McLaren Group Ltd. - Segment focus
  • 11.12 National Instruments Corp.
    • Exhibit 87: National Instruments Corp. - Overview
    • Exhibit 88: National Instruments Corp. - Business segments
    • Exhibit 89: National Instruments Corp. - Key news
    • Exhibit 90: National Instruments Corp. - Key offerings
    • Exhibit 91: National Instruments Corp. - Segment focus

12 Appendix

  • 12.1 Scope of the report
  • 12.2 Currency conversion rates for US$
    • Exhibit 92: Currency conversion rates for US$
  • 12.3 Research methodology
    • Exhibit 93: Research Methodology
    • Exhibit 94: Validation techniques employed for market sizing
    • Exhibit 95: Information sources
  • 12.4 List of abbreviations
    • Exhibit 96: List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Website: www.technavio.com/

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