Data Logger Market Size

Data Logger Market size was valued at USD 9.02 Billion in 2023 and is expected to exceed USD 42.68 Billion by 2036, expanding at over 12.7% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of data logger is assessed at USD 10.04 Billion.. As industries increasingly adopt automation and Internet of Things (IoT) technologies, the demand for data loggers has surged. A report estimated that the number of connected devices will quadruple by 2030, from 15.1 billion in 2020 to more than 29 billion. Data loggers play a vital role in collecting and transmitting real-time data from various industrial processes and equipment, enhancing operational efficiency, monitoring, and maintenance.

Many industries, such as pharmaceuticals, food and beverage, and healthcare, are subject to strict regulations that require accurate data monitoring and recording. Data loggers offer a reliable solution for ensuring compliance with these regulations by maintaining accurate and traceable records.

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of data logger is assessed at USD 10.04 Billion.

The data logger market size was valued at USD 9.02 Billion in 2023 and is expected to exceed USD 42.68 Billion by 2036, expanding at over 12.7% CAGR during the forecast period i.e., between 2024-2036. Advancement in wireless technologies, increasing adoption of IoT , surging automotive electronic are some of the major growth drivers for the market of data loggers .

North America industry is anticipated to account for 35% of the revenue share by 2036, owing to early adoption of industrial automation and IoT technologies across various industries in the region.

NATIONAL INSTRUMENTS CORP, Keysight Technologies, ABB, Robert Bosch GmbH, G-Tek Corporation, Thermo Fisher Scientific Inc, KIMOCOREA.CO., LTD., Dickson, Inc., DIGITRON ITALIA SRL, Delphin Technology AG, Chauvin Arnoux, Inc. d.b.a. AEMC Instruments., Lascar Electronics

Data Logger Market Size