The shock data logger market is anticipated to record a CAGR of 4.3% during the forecast period. It is expected the shock data logger market share can reach up to a worth of US$ 4.5 Bn by 2032 from the valuation of US$ 2.35 Bn in 2021.
| Report Attributes | Details |
| Shock Data Logger Market Estimated Base Year Value (2021) | US$ 2.35 Bn |
| Shock Data Logger Market Value in 2022 | US$ 2.5 Bn |
| Shock Data Logger Market CAGR 2022-2032 | 6.1% |
| Anticipated Shock Data Logger Market Value (2032) | US$ 4.5 Bn |
Shock data loggers have a splintered market in terms of demand because of their vast spectrum of uses. The sales of shock data logger is dominated by transportation and quality control applications.
Furthermore, owing to quality control and maintenance requirements, pharmaceutical and industrial industries have a major contribution in the sales of shock data logger in the international market.
When the vehicle is in operation, the shock data logger may capture a variety of characteristics contributing in higher sales of shock data logger to automobile industries.
Rate of change, motor RPMs, and speed are examples of these metrics in an automobile that can be used to track performance on a daily basis or to diagnose any problems that arise while driving, such as accelerating up or decelerating down more than planned, which can lead to fuel efficiency concerns. Such benefits have kept the demand for shock data logger intact for automobile manufacturers.
Greater investment in R&D. initiatives, expanded demands for industrial enterprises to better quality control, and increased usage of digital devices are all contributing to the worldwide shock data logger market growth.
Furthermore, an increase in demand for USB and Bluetooth-enabled Shock Data Loggers across all industries, including automotive, pharmaceuticals, and biotechnology, would result in a higher sales of shock data logger across industries.
As the consequences of increasing manufacturing facilities, the transportation industry is growing rapidly across the globe.
Transportation of customer goods and other products require constant data measurement of vibrations and other parameters such as humidity and temperature while transport for maintaining the quality of various products. So, the increasing transportation of various goods is boosting the growth of the shock data logger market share.
The maintenance of chemical and physical parameter is very crucial because any changes in final product configuration can give big financial damage to the company and its image. Therefore, the quality control of products between productions to delivery is a very important factor in this industry contributing a major part in the sales of shock data logger.
Demand for shock data logger is in every pharmaceutical company to protect and maintain critical vibrations, which can harm the product during transportation. Moreover, it is used in quality control laboratories for maintaining the vibration of particular equipment emerging as a major channel for sales of shock data logger.
There are various applications associated with shock data logger such as packaging optimization, retention time monitoring, performance enhancement, crash test, anti-theft monitoring, amongst others creating a huge demand for shock data logger. A wide range of industries have been forecasted to have significant growth opportunities in sales of shock data logger in end-use industries.
As consequences of the high presence of leading players, Europe and North America have a significant share in sale of shock data logger in the global market.
Moreover, East Asia has a moderate sale of shock data logger in terms of production, due to the high presence of local players. Also, Oceania, South Asia, and MEA have less demand for shock data logger the regional market.
In terms of consumption, North America and East Asia are a prominent region that have a significant demand for shock data logger due to well established pharmaceutical and amongst other industries. Moreover, Europe and South Asia, Middle East and Africa have a moderate demand for shock data logger. India, China, and Hungary are emerging countries that have forecasted for emerging countries for experiencing higher sales of shock data logger.
Some of the market participants identified across the value chain of global shock data logger market share are Testo SE & Co. KGaA, PCE Deutschland GmbH, OMEGA Engineering Inc., Tinytag, Mide Technology Corp, and ShockWatch.
Major Developments in the Shock Data Logger Market
Leading players of the advanced shock data logger market are offering products that have wide measuring range. For instance, Testo SE & Co. KGaA Company is offering shock data loggers, which are able to measure and store 64,000 reading of temperature/humidity and 1,000 shock readings, and this is generally used while transportation of fragile items further driving the sales of shock data logger manufactured by the company.
The prominent players of the global shock data logger market are focusing on product development in their field of data logging. For instance, OMEGA Engineering Inc. is offering tri-axial transient shock data logger that can measure dynamics and statics accelerators.
This shock data logger is used for shipping validation, fragile assessment. Also, Mide Technology Corp. is offering palm sized shock & vibration data logger for easy use that is expected to drive the demand for shock data logger in the future market.
| Report Attribute | Details |
| Growth Rate | CAGR of 6.1% from 2022 to 2032 |
| Base Year of Estimation | 2021 |
| Historical Data | 2014-2020 |
| Forecast Period | 2022-2032 |
| Quantitative Units | Revenue in USD Billion, Volume in Kilotons and CAGR from 2022-2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segments Covered |
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| Regions Covered |
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| Key Countries Profiled |
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| Key Companies Profiled |
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| Customization scope | Available Upon Request |
| Pricing and Purchase Option | Avail Customized purchase options to meet your exact research needs. |
The shock data logger market is expected to witness a CAGR of 6.1% during the forecast period.
The total worth of global shock data logger market share in 2022 is estimated to be around US$ 2.5 Bn.
As per the analysis, the shock data logger market share is likely to get US$ 4.51 Bn by the end of 2032.
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