iCrowdNewswire Mar 4, 2021 9:02 AM ET
Research report published by Proficient Market Research “Temperature Data-loggers Market (By Type – Stand-alone Data Loggers, Wireless Data Loggers, Wi-Fi Data Loggers, Bluetooth Low Energy (BLE) Data Loggers and Others; By Application: Pharmaceutical/Life science, Vaccine, Food Industry, Electronic Industry, Agricultural Industry and Others) Market – Growth, Future Prospects) Post COVID-19 Scenario 2020 – 2028”, states that the global temperature data-loggers market is expected reach to US $ 1,433.3 Mn by 2028.
Temperature data loggers are used for remotely monitoring of the product’s data and simultaneously uploading it without any human interventions. Temperature data loggers are used by various professionals because of its reliability and time-stamped data. In addition, fast adoption of wireless temperature data loggers for temperature monitoring in the pharmaceutical industry, is considered as one of the factor that influence the growth of the market. Moreover, rise in the use of temperature controlled packaging solutions in the food and other industries, is another factor that further influence the market growth in the forecast period. Along with this, there is rise in the growth for the cold chain logistics business, which is further enhancing the demand for temperature data loggers.
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By Type, wireless data loggers segment to register the highest growth rate during the forecast period
In 2019, the wireless data loggers segment led the overall temperature data-loggers market in terms of market value accounting for over 25% of the global market. These data loggers allow remote monitoring of data over the Internet thereby, ensuring the reliability of data by auto-connecting. Apart from this, the wireless data loggers help in continuous uploading of data without any human intervention. Along with this, the wireless data loggers ensure real-time recording and analysis of data.
The major pharmaceutical industry segment led the overall Temperature Data-loggers market during the forecast period
In 2019 the pharmaceutical industry segment led the overall temperature data-loggers market in terms of market value. In addition, with the ongoing health safety concerns, the segment is also expected to witness continued demand during the forecast period from 2020 to 2028. The pharmaceutical industry requires temperature data loggers throughout various stages of the supply chain, because it allows for continuous data collection in single platform.
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Temperature Data-loggers Market in North America is expected to register the largest share during the forecast period
In 2019, North America held the largest share in the temperature data-loggers market because of the growing adoption of wireless technology in temperature data loggers among pharmaceutical industry. According to a Council of Supply Chain Management Professionals (CSCMP) report, the spending on logistics in the country reached to 8% of the U.S. Gross Domestic Product (GDP), which was US $ 20.5 Tn during the FY 2018.
Some of the key players in the market include Ammonit Measurement GMBH, Omega Engineering Inc., Delphin Technology AG, Rotronic AG, National Instruments Corporation, TMI-Orion SA, Testo, Inc., Signatrol Ltd., Elpro-Buchs AG, In-Situ Inc and Temprecord International Limited.
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Global Temperature Data-loggers Market, By Type
Several types of temperature data loggers such as stand-alone data loggers, wireless data loggers, Wi-Fi Data Loggers, and Bluetooth Low Energy (BLE) data loggers, among others have offered a viable solution for organizations to effectively monitor environment across the supply chain.
Global Temperature Data-loggers Market, By End-use Industry
Such temperature data loggers are widely used in various end use industry, such as pharmaceutical or life science, vaccine, food industry, electronic industry, and agricultural industry, among others.
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