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.
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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.
Key Growth 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.
The report outlines the involvement of key players, including:
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), and Transtron Inc. (Japan), among others
Key Market Segmentation
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)
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