Global Temperature Loggers Market: By Type (Stand-alone Data Logger, Web-based Data Logger, Wireless Data Logger and BLE {Bluetooth low energy} Data Logger); By Application (Healthcare and Pharmaceutical Industry, Food Industry, Agricultural Industry, Electronic Industry and Others) and Region – Analysis of Market Size, Share & Trends for 2014 – 2019 and Forecasts to 2030
Global Temperature Loggers Market: By Type (Stand-alone Data Logger, Web-based Data Logger, Wireless Data Logger and BLE {Bluetooth low energy} Data Logger); By Application (Healthcare and Pharmaceutical Industry, Food Industry, Agricultural Industry, Electronic Industry and Others) and Region – Analysis of Market Size, Share & Trends for 2014 – 2019 and Forecasts to 2030
Product Overview
Data Loggers are electronic devices that can read, acquire and record data over a defined period of time which is further manipulated and analyzed by the computer to generate useful insights. Temperature data loggers continuously monitor the environmental temperature conditions such as level of humidity, air pressure, water temperature, water level, etc. wherever they are placed. They are used by different industries as per their requirements and relevant uses such as Pharmaceutical, Agricultural, Food, etc. to maintain a certain amount of temperature ensuring that the products are compliant and safe for further use. Temperature data loggers vary based on resolution, display, measurement accuracy, data access, and accuracy.
Market Highlights
Global Temperature Loggers market is expected to project a notable CAGR in 2030.
Global Temperature Loggers market to surpass USD XXXX million by 2030 from USD XXXX million in 2018 at a CAGR of XX.X% throughout the forecast period, i.e. 2019-30. Global Temperature Loggers market is expected to observe a growth in the future owing to its diversified application in different industries and emerging need of controlled environment condition for storage of products at a specified room temperature to improve product efficiency and equipment life. Rising demand for controlled operations in the industries to periodically measure the temperature and ensure that it does not exceed the desired level of temperature is anticipated to boost the growth of the Global Temperature Loggers market in the future.
Recent Highlights in Global Temperature Loggers Market
In July 2020, Krohne launched a new line of OPTITEMP TRA-H6x/-C6x hygienic temperature sensors for the food and beverage industry.
Global Temperature Loggers Market: Segments
Stand-alone data logger segment to grow with the highest CAGR during 2019-30
Global Temperature Loggers market is segmented by type into Stand-alone Data Logger, Web-based Data Logger, Wireless Data Logger, and BLE Data Logger. Stand-alone data logger segment held the largest market share of XX.X% in the year 2018 and is expected to dominate the global market throughout the forecast period. Stand-alone data loggers are capable to record data without being connected to a PC in their built-in memory space and further, the data is uploaded to the PC. Web-based data logger systems can be configured with a variety of external plug-in sensors and transfer acquired data to a secure web server for accessing the data and provide around-the-clock, remote, internet-based access to data using WIFI or ethernet communications or cellular.
Healthcare and Pharmaceutical Industry segment to grow with the highest CAGR during 2019-30
Global Temperature Loggers market is segmented by application into Healthcare and Pharmaceutical Industry, Food Industry, Agricultural Industry, Electronic Industry, and Others. Medical Industry segment held the largest market share of XX.X% in the year 2018 and is expected to maintain this trend throughout the forecast period. Temperature data loggers are used to maintain a temperature for storing vaccines at a specified temperature in the Health care and Pharmaceutical industry to maintain efficiency in cold-supply chains. Likewise, the agricultural industry uses temperature data loggers to monitor the field temperature, food industry maintains temperature for processing of food and eliminates the risk of spoilage.
Market Dynamics
Drivers
Diverse uses in different industries
Temperature data loggers have enormous uses based on the nature of industries. Rise in awareness and need for controlled temperature conditions and operations in the business eliminating the risk of losses and maintaining the efficiency and shelf life of the products by maintaining and monitoring the desired level of temperature with the help of temperature data loggers.
Advancement in technology and innovation
Companies are investing in research and development projects promoting innovation and technological developments. Temperature data loggers also contribute towards data security and surveillance such as in marine biology to measure climate patterns and military operations, in environmental concerns measuring the level of air pressure, humidity, etc. in the environment. Data loggers provide test, measurement, and control solutions which is a key factor driving the growth of the global market.
Restraints
High Costs
Higher costs involved in the capital investment for the software solution are the major key factor restraining the growth of the global temperature loggers market.
Global Organic Market: Key Players
Omega Engineering Inc.
Company Overview
Business Strategy
Key Product Offerings
Financial Performance
Key Performance Indicators
Risk Analysis
Recent Development
Regional Presence
SWOT Analysis
Nietzsche Enterprise
Signatrol Ltd.
Testo SE & Co. KGaA
Hioki E.E. Corporation
Elpro-Buchs
In-Situ
Gemini Data Loggers
Other Prominent Players
Global Temperature Loggers Market: Regions
Global Temperature Loggers market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC, and MENA.
Global Temperature Loggers market in North America held the largest market share of XX.X% in the year 2018. Factors such as rising growth in the logistics business and accuracy of data are driving the growth of the global temperature loggers’ market. Europe will witness an expansion in the growth in global market followed by APAC and MEA.
Global TEMPERATURE LOGGERS market is further segmented by region into:
North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe
APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA
Global Temperature Loggers market report also contains analysis on:
Temperature Loggers Market Segments:
By Type
Stand-alone Data Logger
Web-based Data Logger
Wireless Data Logger
BLE {Bluetooth low energy} Data Logger
By Application
Health and Pharmaceutical Industry
Food Industry
Agricultural Industry
Electronic Industry
Others
Temperature Loggers Market Dynamics
Temperature Loggers Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
Contents
1. Executive Summary
2. Global Personal Mobility device Market
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. Research Methodology
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. Average Pricing Analysis
5. Macro-Economic Indicators
6. Market Dynamics
6.1. Growth Drivers
6.2. Restraints
6.3. Opportunity
6.4. Trends
7. Correlation & Regression Analysis
7.1. Correlation Matrix
7.2. Regression Matrix
8. Recent Development, Policies & Regulatory Landscape
9. Risk Analysis
9.1. Demand Risk Analysis
9.2. Supply Risk Analysis
10. Global Personal Mobility device Market Analysis
10.1. Porters Five Forces
10.1.1. Threat of New Entrants
10.1.2. Bargaining Power of Suppliers
10.1.3. Threat of Substitutes
10.1.4. Rivalry
10.2. PEST Analysis
10.2.1. Political
10.2.2. Economic
10.2.3. Social
10.2.4. Technological
11. Global Personal Mobility device Market
11.1. Market Size & forecast, 2019A-2030F
11.1.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.2. By Volume (Million Units) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12. Global Personal Mobility device Market: Market Segmentation
12.1. By Regions
12.1.1. North America:(U.S. and Canada)
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America)
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe)
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific)
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa)
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2. By Type: Market Share (2020-2030F)
12.2.1. Wheelchair, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2.2. Walking Aids, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2.3. Scooters, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2.4. Others, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.3. By Application: Market Share (2020-2030F)
12.3.1. Power, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.3.2. Manual, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.4. By Application: Market Share (2020-2030F)
12.4.1. Homecare Setting, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.4.2. Hospitals & Clinics, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.4.3. Others, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12. Company Profile
12.1. Acorn Stairlifts Inc.
12.1.1. Company Overview
12.1.2. Company Total Revenue (Financials)
12.1.3. Market Potential
12.1.4. Global Presence
12.1.5. Key Performance Indicators
12.1.6. SWOT Analysis
12.1.7. Product Launch
12.2. Invacare Corporation
12.3. Pride Mobility Products Corporation
12.4. Drive Devilbiss Healthcare
12.5. Sunrise Medical (US) LLC
12.6. Acorn Stairlifts Inc.
12.7. Stannah International
12.8. Ottobock Healthcare
12.9. R&E Stricker Reha-Entwicklungen GmbH
12.10. Spinergy, Inc.
12.11. Other Prominent Players
13. Consultant Recommendation
**The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Influencing Factors |
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Market Forecast (2021-2026) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
Market Size |
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Market Position of Top Company |
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Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
Primary Sources | Parameters | Key Data |
Market Segments(by Application, by Type) |
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Total Market |
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