Ambient Temperature Logger Market
Ambient Temperature Logger Market Forecasts to 2030 - Global Analysis By Type (Wireless Sensor and Wired Sensor), By Application (Buildings, Museums, Restaurants, Factories and Other Applications) and By Geography
|
Years Covered |
2021-2030 |
|
CAGR (2023 - 2030) |
3.7% |
|
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
|
Largest Market |
North America |
|
Highest Growing Market |
Asia Pacific |
According to Stratistics MRC, the Global Ambient Temperature Logger Market is growing at a CAGR of 3.7% during the forecast period. The Ambient Temperature Logger market focused on temperature data logging and monitoring devices. These loggers are designed to track and record temperature conditions in various environments. Their uses range from monitoring temperature-sensitive products during transportation and storage to ensuring optimal temperature in laboratories, industrial processes, and medical facilities. The advantages lie in their ability to provide real-time data, ensuring product quality, safety, and compliance with temperature regulations, while also aiding in the identification of temperature-related issues for preventive maintenance.
Market Dynamics:
Driver:
Growing need for cold chain management
With the globalization of supply chains and the increasing reliance on temperature-sensitive products, there is a critical demand for accurate and reliable temperature monitoring solutions. Ambient Temperature Loggers play a pivotal role in maintaining the integrity of perishable goods during transportation and storage, such as pharmaceuticals, vaccines, food products, and biologics. Ensuring compliance with stringent regulations and quality standards, these loggers provide real-time data, alerting stakeholders to deviations in temperature, thus preventing spoilage and ensuring the safety and efficacy of products, making them indispensable in the management of the cold chain and its associated industries.
Restraint:
Battery life and maintenance
Wireless and IoT-enabled temperature loggers offer advanced functionality, they typically rely on batteries for power. This can be problematic, as regular battery replacements or recharging are necessary, potentially leading to gaps in temperature monitoring. Moreover, battery failures can result in data loss or inaccurate readings, impacting the reliability of these loggers. Addressing the maintenance requirements and optimizing battery life is crucial, particularly in applications where uninterrupted monitoring is vital, such as pharmaceuticals and cold chain logistics. These challenges emphasize the need for efficient and cost-effective power solutions to sustain the growth of the market.
Opportunity:
Advancements in IoT and wireless technologies
The integration of IoT and wireless capabilities enables these temperature loggers to offer real-time monitoring, remote accessibility, and automated alerts. This not only streamlines temperature management but also enhances data accuracy and visibility. Industries relying on temperature-sensitive processes, such as healthcare, food, and logistics, can benefit from improved efficiency and reduced operational costs. Additionally, the scalability and adaptability of IoT-based temperature loggers provide opportunities for seamless integration into existing systems, driving the market's growth as businesses increasingly recognize the advantages of IoT-enabled temperature monitoring solutions.
Threat:
Limited adoption in smaller industries
Smaller businesses may not always see the immediate necessity for advanced temperature monitoring solutions due to budget constraints or the perception that their operations are less complex. They might rely on manual monitoring methods or basic temperature sensors built into existing equipment. Consequently, the market faces challenges in penetrating these smaller industries, which, when combined, represent a substantial portion of the business landscape. Educating and demonstrating the value of temperature loggers in maintaining product quality and safety is crucial to expanding their adoption in this segment and unlocking their full market potential.
Covid-19 Impact:
The COVID-19 pandemic had a mixed impact on the Ambient Temperature Logger (DRM) market. While there was an increased demand for digital content and online distribution during lockdowns, the economic uncertainties and budget constraints caused some organizations to delay or reduce investments in DRM solutions. Additionally, remote work environments heightened security concerns, emphasizing the need for robust DRM measures, but budget constraints constrained their adoption.
The wireless sensor segment is expected to be the largest during the forecast period
The wireless sensor segment is expected to have a lucrative growth. These sensors are designed to transmit temperature information wirelessly, often via Wi-Fi, Bluetooth, or cellular networks, enabling users to monitor temperature conditions without physical presence. This technology not only enhances convenience but also improves the accuracy and efficiency of temperature management across various industries, from healthcare to logistics. The integration of wireless sensors facilitates immediate alerts and data analysis, contributing to the overall effectiveness and reliability of temperature monitoring systems.
The factories segment is expected to have the highest CAGR during the forecast period
The factories segment is anticipated to witness the fastest CAGR growth during the forecast period. They require precise temperature control to maintain product quality and process efficiency. Ambient temperature loggers are crucial tools in manufacturing facilities to ensure that environmental conditions meet production specifications. These loggers help identify temperature variations that can impact the quality of goods, reduce waste, and enhance compliance with industry standards. With the growing emphasis on quality control, safety, and efficiency in manufacturing, factories continue to invest in ambient temperature loggers to optimize their processes and product consistency, driving the demand in this market.
Region with largest share:
North America holds a significant position in the Ambient Temperature Logger market due to its advanced technological infrastructure and stringent regulations. The region's industries, particularly pharmaceuticals, food, and healthcare, rely on these loggers to ensure compliance and maintain the quality of temperature-sensitive products. Additionally, the presence of leading manufacturers and a highly developed healthcare sector drives innovation and adoption. The region's focus on digitalization and environmental monitoring further fuels the market's growth.
Region with highest CAGR:
Asia Pacific is a burgeoning market for Ambient Temperature Loggers, driven by rapid industrialization, growing healthcare and pharmaceutical sectors, and an expanding cold chain logistics network. The region's diverse climate conditions and vast geographical area create a substantial need for precise temperature monitoring. Additionally, as businesses prioritize product quality and safety, there's an increasing demand for temperature loggers to ensure compliance with regulations. With advancements in technology and increased awareness of the importance of temperature control, the Asia Pacific region offers substantial growth opportunities in the Ambient Temperature Logger market.
Key players in the market
Some of the key players in Ambient Temperature Logger market include Campbell Scientific, Dickson, E+E Elektronik, Enless Wireless, Galltec + Mela, Loxone Electronics, MikroElektronika, Omron, Schneider Electric, Swift Sensors and Texas Instruments.
Key Developments:
In April 2023, Campbell Scientific has released the TempVue™10, an analog temperature sensor that is initiating the next generation of air temperature measurement sensors by becoming the first on the market to meet and exceed all relevant World Meteorological Organization (WMO) temperature recommendations.
In August 2022, Enless announces a new partnership in Turkey with TESLA KONTROL!. Its main activities focus on the selling of measurement and monitoring hardware and software solutions.
Types Covered:
• Wireless Sensor
• Wired Sensor
Applications Covered:
• Buildings
• Museums
• Restaurants
• Factories
• Greenhouses
• Other Applications
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Ambient Temperature Logger Market, By Type
5.1 Introduction
5.2 Wireless Sensor
5.3 Wired Sensor
6 Global Ambient Temperature Logger Market, By Application
6.1 Introduction
6.2 Buildings
6.3 Museums
6.4 Restaurants
6.5 Factories
6.6 Greenhouses
6.7 Other Applications
7 Global Ambient Temperature Logger Market, By Geography
7.1 Introduction
7.2 North America
7.2.1 US
7.2.2 Canada
7.2.3 Mexico
7.3 Europe
7.3.1 Germany
7.3.2 UK
7.3.3 Italy
7.3.4 France
7.3.5 Spain
7.3.6 Rest of Europe
7.4 Asia Pacific
7.4.1 Japan
7.4.2 China
7.4.3 India
7.4.4 Australia
7.4.5 New Zealand
7.4.6 South Korea
7.4.7 Rest of Asia Pacific
7.5 South America
7.5.1 Argentina
7.5.2 Brazil
7.5.3 Chile
7.5.4 Rest of South America
7.6 Middle East & Africa
7.6.1 Saudi Arabia
7.6.2 UAE
7.6.3 Qatar
7.6.4 South Africa
7.6.5 Rest of Middle East & Africa
8 Key Developments
8.1 Agreements, Partnerships, Collaborations and Joint Ventures
8.2 Acquisitions & Mergers
8.3 New Product Launch
8.4 Expansions
8.5 Other Key Strategies
9 Company Profiling
9.1 Campbell Scientific
9.2 Dickson
9.3 E+E Elektronik
9.4 Enless Wireless
9.5 Galltec + Mela
9.6 Loxone Electronics
9.7 Microchip Technology
9.8 MikroElektronika
9.9 Omron
9.10 Schneider Electric
9.11 Swift Sensors
9.12 Texas Instruments
List of Tables
1 Global Ambient Temperature Logger Market Outlook, By Region (2021-2030) ($MN)
2 Global Ambient Temperature Logger Market Outlook, By Type (2021-2030) ($MN)
3 Global Ambient Temperature Logger Market Outlook, By Wireless Sensor (2021-2030) ($MN)
4 Global Ambient Temperature Logger Market Outlook, By Wired Sensor (2021-2030) ($MN)
5 Global Ambient Temperature Logger Market Outlook, By Application (2021-2030) ($MN)
6 Global Ambient Temperature Logger Market Outlook, By Buildings (2021-2030) ($MN)
7 Global Ambient Temperature Logger Market Outlook, By Museums (2021-2030) ($MN)
8 Global Ambient Temperature Logger Market Outlook, By Restaurants (2021-2030) ($MN)
9 Global Ambient Temperature Logger Market Outlook, By Factories (2021-2030) ($MN)
10 Global Ambient Temperature Logger Market Outlook, By Greenhouses (2021-2030) ($MN)
11 Global Ambient Temperature Logger Market Outlook, By Other Applications (2021-2030) ($MN)
12 North America Ambient Temperature Logger Market Outlook, By Country (2021-2030) ($MN)
13 North America Ambient Temperature Logger Market Outlook, By Type (2021-2030) ($MN)
14 North America Ambient Temperature Logger Market Outlook, By Wireless Sensor (2021-2030) ($MN)
15 North America Ambient Temperature Logger Market Outlook, By Wired Sensor (2021-2030) ($MN)
16 North America Ambient Temperature Logger Market Outlook, By Application (2021-2030) ($MN)
17 North America Ambient Temperature Logger Market Outlook, By Buildings (2021-2030) ($MN)
18 North America Ambient Temperature Logger Market Outlook, By Museums (2021-2030) ($MN)
19 North America Ambient Temperature Logger Market Outlook, By Restaurants (2021-2030) ($MN)
20 North America Ambient Temperature Logger Market Outlook, By Factories (2021-2030) ($MN)
21 North America Ambient Temperature Logger Market Outlook, By Greenhouses (2021-2030) ($MN)
22 North America Ambient Temperature Logger Market Outlook, By Other Applications (2021-2030) ($MN)
23 Europe Ambient Temperature Logger Market Outlook, By Country (2021-2030) ($MN)
24 Europe Ambient Temperature Logger Market Outlook, By Type (2021-2030) ($MN)
25 Europe Ambient Temperature Logger Market Outlook, By Wireless Sensor (2021-2030) ($MN)
26 Europe Ambient Temperature Logger Market Outlook, By Wired Sensor (2021-2030) ($MN)
27 Europe Ambient Temperature Logger Market Outlook, By Application (2021-2030) ($MN)
28 Europe Ambient Temperature Logger Market Outlook, By Buildings (2021-2030) ($MN)
29 Europe Ambient Temperature Logger Market Outlook, By Museums (2021-2030) ($MN)
30 Europe Ambient Temperature Logger Market Outlook, By Restaurants (2021-2030) ($MN)
31 Europe Ambient Temperature Logger Market Outlook, By Factories (2021-2030) ($MN)
32 Europe Ambient Temperature Logger Market Outlook, By Greenhouses (2021-2030) ($MN)
33 Europe Ambient Temperature Logger Market Outlook, By Other Applications (2021-2030) ($MN)
34 Asia Pacific Ambient Temperature Logger Market Outlook, By Country (2021-2030) ($MN)
35 Asia Pacific Ambient Temperature Logger Market Outlook, By Type (2021-2030) ($MN)
36 Asia Pacific Ambient Temperature Logger Market Outlook, By Wireless Sensor (2021-2030) ($MN)
37 Asia Pacific Ambient Temperature Logger Market Outlook, By Wired Sensor (2021-2030) ($MN)
38 Asia Pacific Ambient Temperature Logger Market Outlook, By Application (2021-2030) ($MN)
39 Asia Pacific Ambient Temperature Logger Market Outlook, By Buildings (2021-2030) ($MN)
40 Asia Pacific Ambient Temperature Logger Market Outlook, By Museums (2021-2030) ($MN)
41 Asia Pacific Ambient Temperature Logger Market Outlook, By Restaurants (2021-2030) ($MN)
42 Asia Pacific Ambient Temperature Logger Market Outlook, By Factories (2021-2030) ($MN)
43 Asia Pacific Ambient Temperature Logger Market Outlook, By Greenhouses (2021-2030) ($MN)
44 Asia Pacific Ambient Temperature Logger Market Outlook, By Other Applications (2021-2030) ($MN)
45 South America Ambient Temperature Logger Market Outlook, By Country (2021-2030) ($MN)
46 South America Ambient Temperature Logger Market Outlook, By Type (2021-2030) ($MN)
47 South America Ambient Temperature Logger Market Outlook, By Wireless Sensor (2021-2030) ($MN)
48 South America Ambient Temperature Logger Market Outlook, By Wired Sensor (2021-2030) ($MN)
49 South America Ambient Temperature Logger Market Outlook, By Application (2021-2030) ($MN)
50 South America Ambient Temperature Logger Market Outlook, By Buildings (2021-2030) ($MN)
51 South America Ambient Temperature Logger Market Outlook, By Museums (2021-2030) ($MN)
52 South America Ambient Temperature Logger Market Outlook, By Restaurants (2021-2030) ($MN)
53 South America Ambient Temperature Logger Market Outlook, By Factories (2021-2030) ($MN)
54 South America Ambient Temperature Logger Market Outlook, By Greenhouses (2021-2030) ($MN)
55 South America Ambient Temperature Logger Market Outlook, By Other Applications (2021-2030) ($MN)
56 Middle East & Africa Ambient Temperature Logger Market Outlook, By Country (2021-2030) ($MN)
57 Middle East & Africa Ambient Temperature Logger Market Outlook, By Type (2021-2030) ($MN)
58 Middle East & Africa Ambient Temperature Logger Market Outlook, By Wireless Sensor (2021-2030) ($MN)
59 Middle East & Africa Ambient Temperature Logger Market Outlook, By Wired Sensor (2021-2030) ($MN)
60 Middle East & Africa Ambient Temperature Logger Market Outlook, By Application (2021-2030) ($MN)
61 Middle East & Africa Ambient Temperature Logger Market Outlook, By Buildings (2021-2030) ($MN)
62 Middle East & Africa Ambient Temperature Logger Market Outlook, By Museums (2021-2030) ($MN)
63 Middle East & Africa Ambient Temperature Logger Market Outlook, By Restaurants (2021-2030) ($MN)
64 Middle East & Africa Ambient Temperature Logger Market Outlook, By Factories (2021-2030) ($MN)
65 Middle East & Africa Ambient Temperature Logger Market Outlook, By Greenhouses (2021-2030) ($MN)
66 Middle East & Africa Ambient Temperature Logger Market Outlook, By Other Applications (2021-2030) ($MN)
List of Figures
List of Figures
Figure 1 Global Ambient Temperature Logger Market Outlook (2021-2030) ($MN)
Figure 2 North America Ambient Temperature Logger Market Outlook (2021-2030) ($MN)
Figure 3 US Ambient Temperature Logger Market Outlook (2021-2030) ($MN)
Figure 4 Canada Ambient Temperature Logger Market Outlook (2021-2030) ($MN)
Figure 5 Mexico Ambient Temperature Logger Market Outlook (2021-2030) ($MN)
Figure 6 Europe Ambient Temperature Logger Market Outlook (2021-2030) ($MN)
Figure 7 Germany Ambient Temperature Logger Market Outlook (2021-2030) ($MN)
Figure 8 UK Ambient Temperature Logger Market Outlook (2021-2030) ($MN)
Figure 9 Italy Ambient Temperature Logger Market Outlook (2021-2030) ($MN)
Figure 10 France Ambient Temperature Logger Market Outlook (2021-2030) ($MN)
Figure 11 Spain Ambient Temperature Logger Market Outlook (2021-2030) ($MN)
Figure 12 Rest of Europe Ambient Temperature Logger Market Outlook (2021-2030) ($MN)
Figure 13 Asia Pacific Ambient Temperature Logger Market Outlook (2021-2030) ($MN)
Figure 14 Japan Ambient Temperature Logger Market Outlook (2021-2030) ($MN)
Figure 15 China Ambient Temperature Logger Market Outlook (2021-2030) ($MN)
Figure 16 India Ambient Temperature Logger Market Outlook (2021-2030) ($MN)
Figure 17 Australia Ambient Temperature Logger Market Outlook (2021-2030) ($MN)
Figure 18 New Zealand Ambient Temperature Logger Market Outlook (2021-2030) ($MN)
Figure 19 South Korea Ambient Temperature Logger Market Outlook (2021-2030) ($MN)
Figure 20 Rest of Asia Pacific Ambient Temperature Logger Market Outlook (2021-2030) ($MN)
Figure 21 South America Ambient Temperature Logger Market Outlook (2021-2030) ($MN)
Figure 22 Argentina Ambient Temperature Logger Market Outlook (2021-2030) ($MN)
Figure 23 Brazil Ambient Temperature Logger Market Outlook (2021-2030) ($MN)
Figure 24 Chile Ambient Temperature Logger Market Outlook (2021-2030) ($MN)
Figure 25 Rest of South America Ambient Temperature Logger Market Outlook (2021-2030) ($MN)
Figure 26 Middle East & Africa Ambient Temperature Logger Market Outlook (2021-2030) ($MN)
Figure 27 Saudi Arabia Ambient Temperature Logger Market Outlook (2021-2030) ($MN)
Figure 28 UAE Ambient Temperature Logger Market Outlook (2021-2030) ($MN)
Figure 29 Qatar Ambient Temperature Logger Market Outlook (2021-2030) ($MN)
Figure 30 South Africa Ambient Temperature Logger Market Outlook (2021-2030) ($MN)
Figure 31 Rest of Middle East & Africa Ambient Temperature Logger Market Outlook (2021-2030) ($MN)
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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