Temperature data loggers are used for remotely monitoring of the product’s data and simultaneously uploading it without any human interventions. Temperature data loggers are used by various professionals because of its reliability and time-stamped data. In addition, fast adoption of wireless temperature data loggers for temperature monitoring in the pharmaceutical industry, is considered as one of the factor that influence the growth of the market. Moreover, rise in the use of temperature controlled packaging solutions in the food and other industries, is another factor that further influence the market growth in the forecast period. Along with this, there is rise in the growth for the cold chain logistics business, which is further enhancing the demand for temperature data loggers.
Several types of temperature data loggers such as stand-alone data loggers, wireless data loggers, Wi-Fi Data Loggers, and Bluetooth Low Energy (BLE) data loggers, among others have offered a viable solution for organizations to effectively monitor environment across the supply chain. Such temperature data loggers are widely used in various end use industry, such as pharmaceutical or life science, vaccine, food industry, electronic industry, and agricultural industry, among others. Due to impact of the Covid-19 pandemic, the major focus of the pharmaceutical industry was on developing vaccines. As vaccines required to be monitored at every step for its development and this results in rise in demand for the temperature data loggers. In term of food industry, the cold chain monitoring for food application was expected to grow in the forecast period and in this Covid-19 crisis, the demand for conventional food products was increasing, which indirectly increases the demand for temperature data loggers.
Leading companies operating in the temperature data loggers market have been working towards integrating various technologies in order leverage their existing ecosystem. The modern trends such as RFID and wireless technology is widely used by the various companies for monitoring the temperature and controlling the product’s functioning. Therefore, the overall temperature data-loggers market is poised to grow significantly in the following years due to the availability of a wide variety of product offerings and need for vaccines and drugs in the pharmaceutical industry. Some of the key players in the market include Ammonit Measurement GMBH, Omega Engineering Inc., Delphin Technology AG, Rotronic AG, National Instruments Corporation, TMI-Orion SA, Testo, Inc., Signatrol Ltd., Elpro-Buchs AG, In-Situ Inc and Temprecord International Limited.
Trends and Future Outlook:
- Companies are focusing to use RFID technology in the temperature data loggers for collecting and monitoring the data from various environment, even from a moving vehicle
- Rising use of mobile applications and software is anticipated to drive the demand for wireless and Bluetooth Low Energy (BLE) data loggers
- Rising investment in the pharmaceutical industry and for developing vaccines, due to the outburst of the Covid-19 pandemic