Temperature Data Logger Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The temperature data logger market is expected to register a CAGR of 5%, during the forecast period (2021 - 2026)

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.

Key Market Trends

Wireless Data Loggers are Expected to Hold Major Market Share

• The wireless temperature data loggers provide means to track temperature and humidity conditions in an environment, where monitoring is required as per adhered to legislation. For instance, the pharmaceutical industry requires temperature monitoring to be wireless during the data transfers throughout various storage areas, as it allows for seamless collection data into one platform by eliminating the needs of wire.
• The wireless temperature data loggers allow the data to be monitored remotely over the internet via the cloud and ensure the reliability of the data by auto-connecting and resumes uploading of data without any human intervention, ensuring real-time and seamless data recording and analysis.
• Moreover, wireless temperature data loggers deliver an accuracy from 0.10°C and allow temperatures to be monitored from outside the autoclave container, without altering the environment.
• Additionally, wireless temperature data loggers send alerts whenever the temperature reaches certain thresholds and allow companies to respond to temperatures changes in real-time and avoid any product deterioration. These factors contribute effectively to the adoption of the temperature data logger market.
• However, the higher upfront cost of wireless data loggers, as compared to disconnected systems, influences the companies to reconsider it, while reviewing the system restraints its growth in the market studied.

North America is Expected to Hold a Major Market Share

• With the rise of industries, such as logistics gaining momentum in the United States, data logger has become essential for service providers to enhance the quality as goods transported, some of which may be crucial to health and safety. Hence, the data logger helps in monitoring temperature and humidity in the transportation of goods and leveraging the growth of temperature data loggers in the region.
• For instance, in 2019, the Council of Supply Chain Management Professionals (CSCMP) reported the spending on business logistics reached 8% of US Gross Domestic Product (GDP) of USD 20.5 trillion, during the FY 2018.
• The adoption of automation across the industries in the United States for seamless integration of hardware and software resources enables manufacturers to enhance operational efficiency, by actively monitoring the equipment that supports the growth of the market studied.
• Furthermore, the compliance of products, such as sterling medical devices, across the supply-chain by federal agencies, like the Food and Drug Administration, in the region regulates the market growth.

Competitive Landscape

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.

• January 2020 - MadgeTech announced the launch of TCTempX16, a thermocouple-based temperature data logger that offer 16 channel of simultaneous data monitoring. It provides around 4,000,000 time and date stamp readings with the flexibility to disable channels, to ensure maximum memory capacity. It is capable of measuring temperature, ranging from -270°C to 1,300°C, with an accuracy of ±0.1°C.
• November 2019 - Cryopak announced the launch of the contactless temperature logger (CTL), a data logger with wireless capabilities to its existing portfolio of cold chain data loggers. The CTL features a plug-and-play design that captures temperature data and presents it in the form of PDF, Excel, and Raw data. Additionally, the data can be transferred via mobile app and is compatible with Android, IOS, and Windows platforms.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
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