Data Logger Market – Drivers and Forecasts by Technavio

LONDON–(BUSINESS WIRE)–#ComputingDevices—Technavio
analysts forecast the global
data logger market to grow at a CAGR of almost 12% during the
forecast period, according to their latest report.

The research study covers the present scenario and growth prospects of
the global data
logger market for 2017-2021. The global data logger
market size was calculated by aggregating the revenue derived by the
leading vendors in the competitive market.

The increasing solutions for the automation system setup are expected to
drive the market significantly during the forecast period. The market is
witnessing large-scale automation in various processes in the field of
manufacturing, assembly, and packaging. This raises the demand for test
and measurement devices, such as data loggers, that log the data in real
time.

This report is available at a USD 1,000 discount for a limited time
only: View
market snapshot before purchasing

Buy 1 Technavio report and get the second for 50% off. Buy 2
Technavio reports and get the third for free.

Technavio analysts highlight the following three factors that are
contributing to the growth of the global data logger market:

• Increasing demand for test, measurement, and control solutions
• Dominance of the oil and gas industry in the application segment
• Penetration of PXI modular instruments in the military and defense and
  telecom industries

Looking for more information on this market? Request
a free sample report

Technavio’s sample reports are free of charge and contain multiple
sections of the report including the market size and forecast, drivers,
challenges, trends, and more.

Increasing demand for test, measurement, and control solutions

The increasing needs for automation systems/modules across various
end-user segments have extensively increased the demand for data
loggers. To create an automated environment, the systems/modules need to
be equipped with multiple measurement sensors (data loggers) that record
and communicate data. These data loggers and their measurement criteria
depend purely on their applications.

Chetan Mohan, a lead computing
devices research analyst at Technavio, says, “The function of
data loggers in automated systems can be summarized into test,
measurement, and control functions. For example, a specific temperature
needs to be maintained in a cold storage warehouse; hence, data loggers
are connected to automated systems that increase or decrease the effect
of cooling to maintain the specific temperature.”

Dominance of the oil and gas industry in the application segment

The dominance of the oil and gas industry in the global data logger
market is expected to last throughout the forecast period. End-users
such as the oil and gas industry need multiple data loggers to manage
and measure various processes and functions. It needs a variety of
stand-alone data loggers and automated systems that have data loggers to
measure the pressure and temperature.

“Applications of data loggers in the oil and gas industry include oil
and natural gas recovery and processing, monitoring the temperature and
pressure of steam, measuring biogas and natural gas generation and
conversion, and measuring the water pressure and pumping efficiency.
Since oil and gas resources are non-renewable resources, they will
eventually deplete,” adds Chetan.

Penetration of PXI modular instruments in the military and defense
and telecom industries

The increase in the penetration of PXI platform-based modular
instruments (PXI modular instruments) in the military and defense and
telecom industries is one of the major drivers in the global data logger
market. While VXI platform-based modular instruments have an intense
presence in the industrial and oil and gas segments, the penetration of
PXI modular instruments is rapidly increasing in the military and
defense and telecom industries due to their high integration capability
and usability.

PXI modular instruments can easily integrate the traditional measurement
equipment and automate the process, machine control, and machine vision.
Therefore, to enhance the incorporation of better data acquisition
equipment, data loggers are used.

Top vendors:

• National Instruments
• Keysight Technologies

Browse Related Reports:

• Global
  Laser Distance Meter Market 2017-2021
• Global
  Rugged Smartphone Market 2017-2021
• Global
  Smartphone Market 2017-2021

About Technavio

Technavio
is a leading global technology research and advisory company. Their
research and analysis focuses on emerging market trends and provides
actionable insights to help businesses identify market opportunities and
develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists
of more than 10,000 reports and counting, covering 800 technologies,
spanning across 50 countries. Their client base consists of enterprises
of all sizes, including more than 100 Fortune 500 companies. This
growing client base relies on Technavio’s comprehensive coverage,
extensive research, and actionable market insights to identify
opportunities in existing and potential markets and assess their
competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team
at [email protected].

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US:
+1 630 333 9501
UK: +44 208 123 1770
www.technavio.com