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The Temperature Data Logger Market is segmented by Utility (Single-use Data Loggers and Re-usable Data Loggers), Type (USB Data Loggers, Bluetooth Low Energy (BLE)-enabled Loggers, Web-based Data Loggers, and Wireless Data Loggers), Application (Life Sciences and Healthcare, Food Processing, Industrial, Cold Storage and Transportation, and Other Applications), and Geography (North America, Europe, Asia-Pacific, and Rest of the World).
Fastest Growing Market:
The temperature data logger market is expected to register a CAGR of 5%, during the forecast period (2020 - 2025)
Many industries primarily rely on temperature data loggers to know what temperature, the product has been exposed to and for how long, be it medical devices, sterilized surgical instruments in an autoclave, or food heated before canning.
Temperature monitoring helps managers to guard legionella, while scientists gauge the health of rivers and streams by the temperature of the water. Such process and evidence obtained undergo verification using temperature data loggers
Within the transport sector, the data loggers accompany the cargo during logistics and provide means to investigate environmental hazards subjected to various parameters of the voyage. For instance, in 2019, UK-based designer and manufacture of the environmental monitor system, Hanwell Solution Ltd, launched Pro Transport Loggers, a portable reusable temperature logger that monitors temperature parameter during transit.
As with the food industry, storing food at a proper temperature is essential to prevent the growth of bacteria, including E. Coli and Salmonella, which may lead to serious illnesses. Evidently, food storage companies continuously monitor the temperature of food, as per the guidelines of US regulatory agencies to ensure food safety.
Additionally, many pharmaceutical companies avoid spoilage, by including compact temperature data logger in transported materials and ensure the integrity of the product.
Moreover, the development of embedded system based on 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 attached LCD anticipates the global demand for temperature data loggers.
However, the high upfront cost associated with temperature data loggers acts as a restraint for the market and restricts the adoption from smaller manufactures, and thereby, adversely affects the market adoption rate.
|Single-use Data Loggers|
|Re-usable Data Loggers|
|USB Data Loggers|
|Bluetooth Low Energy (BLE)-enabled Loggers|
|Web-based Data Loggers|
|Wireless Data Loggers|
|Life Sciences and Healthcare (Hospitals, Laboratories, and Pharmaceutical)|
|Industrial (Environmental Data Logging)|
|Cold Storage and Transportation (Logistics)|
|Rest of the World|
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The market is consolidated, with several major manufacturers leading to an increase in competition. Hence, none of the players currently holds a major market share. The temperature data logger market is viewed as a great investment opportunity for stakeholders, due to the huge benefits that a manufacturer may potentially gain from it. This is pushing the market toward a fragmented scenario, as vendors continue to enhance their product portfolio as an attempt to gain market share and cater to consumer demands.
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 Market Drivers
4.3 Market Restraints
4.4 Value Chain/Supply Chain Analysis
4.5 Porter's Five Forces 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
4.6 Technology Snapshot
4.7 Assessment of COVID-19 Impact on the Industry
5. MARKET SEGMENTATION
5.1 By Utility
5.1.1 Single-use Data Loggers
5.1.2 Re-usable Data Loggers
5.2 By Type
5.2.1 USB Data Loggers
5.2.2 Bluetooth Low Energy (BLE)-enabled Loggers
5.2.3 Web-based Data Loggers
5.2.4 Wireless Data Loggers
5.3 By Application
5.3.1 Life Sciences and Healthcare (Hospitals, Laboratories, and Pharmaceutical)
5.3.2 Food Processing
5.3.3 Industrial (Environmental Data Logging)
5.3.4 Cold Storage and Transportation (Logistics)
5.3.5 Other Applications
5.4 By Geography
5.4.1 North America
18.104.22.168 United States
22.214.171.124 United Kingdom
126.96.36.199 Rest of Europe
188.8.131.52 Rest of Asia-Pacific
5.4.4 Rest of the World
6. COMPETITIVE LANDSCAPE
6.1 Vendor Market Share
6.2 Investment Analysis
6.3 Company Profiles
6.3.1 OMEGA Engineering Inc. (Spectrics)
6.3.2 Cryopak (Integreon)
6.3.3 Hioki EE Corporation
6.3.4 Testo SE & Co. KGaA
6.3.5 Rotronic AG
6.3.6 Onset Computer Corporation
6.3.7 Lascar Electronics Limited
6.3.8 NOVUS Automation Inc.
6.3.9 Protimeter (Amphenol Corporation)
6.3.10 Madgetech Inc.
6.3.11 Global Cold Chain Solutions Pty Limited
6.3.12 Thermoworks Inc.
6.3.13 Kimo Instruments (Sauermann)
6.3.14 Elpro-Buchs AG
6.3.15 Softbox Systems Limited (Integrated Solution)
6.3.16 Roambee Corporation (Integrated Solution)
7. MARKET OPPORTUNITIES AND FUTURE TRENDS