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Emerging Trends to Reshape the Data Logger Market: Vehicle Data Logger Setting New Standards in Efficiency and Adaptability as a Key Influencer
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Data Logger Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size of the data logger has shown a significant growth in the past few years. It is set to increase from $8.52 billion in 2024 to $9.06 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 6.4%. The rapid growth in the preceding years is due to a rise in data accessibility, development of machine learning algorithms, prioritization of business intelligence, needs for regulatory compliance, and applications spanning various industries.
Data Logger Market Size Forecast: What's the Projected Valuation by 2029?
It is anticipated that the data logger market will experience robust growth in the forthcoming years, increasing to a value of $11.33 billion by 2029 with a compound annual growth rate (CAGR) of 5.8%. The progressive growth predicted within the forecast period can be credited to factors such as a heightened focus on real-time data interpretation, advancements in the field of natural language processing (nlp), greater integration efforts with artificial intelligence (AI), and an emphasis on explainable AI in the realm of data mining, and broadened prospects in healthcare analytics. Major tendencies projected for the forecast period include technological progression in data handling, augmented analytics, real-time data excavation, graph-oriented data mining, and improved data privacy and safety measures.
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What Are the Drivers Transforming the Data Logger Market?
The demand for data is growing larger, and this is anticipated to stimulate the expansion of the market for data loggers. Data represents information gathered, reported, and stored for future analysis or reference. The surge in the need for data assembling and monitoring in numerous sectors has escalated the demand for data loggers, which are vital for collecting, storing, and scrutinizing data sequentially. As various industries realize the importance of data in improving their functions, ensuring regulation compliance, and fine-tuning their processes, the necessity for data loggers is projected to keep climbing. For example, in June 2023, the UK Parliament declared that the number of data scientists graduating universities was unlikely to surpass 10,000 annually, while a minimum of 178,000 data specialist roles remained vacant. Thus, the escalating requirement for data is fueling the growth of the data logger market.
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What Are the Key Trends Driving Data Logger Market Growth?
In the Data Logger market, leading corporations are focusing on the development of cutting-edge technologies such as the TRX D8 2.0 to maximize their market return. The TRX D8 2.0 is a cutting-edge vehicle data logger designed to gather and analyze data from the next generation of radar, lidar, and camera sensors in real-time. Klas, a firm based in Ireland that specializes in advanced networking and computing technologies, debuted the TRX D8 2.0 in June 2023. This was the inaugural vehicle data logging solution capable of supporting PCIe and network-based logging with writing speeds up to 200Gbps and as much as 240TB of storage. The TRX D8 2.0, powered by Intel's 10th Gen Xeon-D processor, is engineered to operate in high ambient temperatures and resist extreme temperature, vibration, and shock. Within the data logger market, it serves as a dependable and effectual data logging and processing solution compatible with a variety of sources such as cameras, lidar, and radar sensors. Its adaptability, robust design, and modular structure make it ideal for various applications and easy to incorporate into distinct R&D test platforms.
Which Segments in the Data Logger Market Offer the Most Profit Potential?
The data logger market covered in this report is segmented -
1) By Type: Electronic Data Logger, Wireless Data Logger, Mechanical Data Logger
2) By Measurement: Temperature, Pressure, Humidity, Power
3) By Channel: Single Channel, Multi-Channel
4) By Industry: Manufacturing, Automotive, Oil And Gas, Energy And Power
Subsegments:
1) By Electronic Data Logger: Temperature Data Logger, Humidity Data Logger, Pressure Data Logger, Voltage Data Logger, Current Data Logger
2) By Wireless Data Logger: Bluetooth Data Logger, Wi-Fi Data Logger, Cellular Data Logger, Zigbee Data Logger
3) By Mechanical Data Logger: Chart Recorders, Strip Chart Data Loggers, Mechanical Thermographs
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Which Firms Dominate the Data Logger Market by Market Share and Revenue in 2025?
Major companies operating in the data logger market report are Robert Bosch GHbh, Thermo Fisher Scientific Inc., ABB Ltd., Dickson, Live International Corporation, Biogen Inc., MicroDAQ, Fluke Corporation, Xylem Inc., Keysight Technologies, Analog Devices Inc., Omega Engineering Inc., Mesa Labs Inc., Dwyer Instruments Ltd., Delphiin Technology AG, DIGITRON ITALIA SRL, Arnoux Inc., Pico Technology, Tecnosoft srl, AEMC Instruments, KIMOCOREA.CO.LTD., Madge Tech Inc., Lascar Electronics, ThermoWorks, TMI Orion, G-Tek Corporation, Brainchild Electronic Co Ltd., Elab A/S, GE Valprobe
Which Regions Offer the Highest Growth Potential in the Data Logger Market?
North America was the largest region in the data logger market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the data logger market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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