Humidity data loggers are instruments used to record humidity for a predefined time. Humidity and temperature data loggers are primarily used in the shipping and logistics industry. The loggers are equipped with internal memory data storage, microprocessors, and sensors for reading humidity and temperature of the environment. Manufactures are providing data loggers with light and wind sensors for measuring wind speed and direction. These help in maintaining record of light intensity, which is important during transportation of products. In order to record the humidity and temperature inside containers, shipping and transporting companies use portable humidity data loggers and monitors. Data loggers provide reading of humidity level, which is useful for maintaining the quality of products. Manufactures are also offering portable humidity data loggers which work in critical environmental conditions. Humidity data loggers are also used in warehouses, indoor farms, and libraries. Humidity data loggers and monitors enable companies to maintain combination of different ambient data required for processing of product transportation.
Rise in demand for temperature control packaging for shipping and growth in logistics business are expected to drive the humidity data loggers and monitors market in the next few years. Moreover, growth in the business of cold chain logistics is anticipated to propel the demand for humidity data loggers and monitors in the near future. Humidity data loggers and monitors are used in cold chain logistics to monitor and control the temperature level of pharmaceutical and food products. Certain chemical products require specific temperature and humidity levels during shipping, which can be attained through using data loggers and monitors. Companies are adopting portable humidity data loggers and monitors for transmitting data and monitor different data loggers simultaneously. Increasing demand of perishable products that require strict temperature during shipment has created opportunities for manufacturers to deploy advanced data loggers and increase their market share in the logistics sector. However, advanced humidity data loggers and monitors are expensive, which restrains the demand for the product, affecting the growth of the market.
The global humidity data loggers and monitors market can be segmented based on type, temperature level, end-user, enterprise size, and region. In terms of type, the humidity data loggers and monitors market can be categorized into USB loggers, Bluetooth loggers, wireless sensors, and web-based systems. Wireless sensors and web-based loggers are used by companies to maintain the humidity levels in large shipment and for valuable products. In terms of temperature level, the global humidity data loggers and monitors market can categorized into <-40 degree, -40 to +80 degree, and >+80 degree Celsius data loggers. Based on end-user, the global humidity data loggers and monitors market can be segregated into health care & pharmaceutical, manufacturing, residential, and transportation.
Based on region, the global humidity data loggers and monitors market can be classified into Europe, Asia Pacific, North America, Middle East & Africa, and South America. North America is expected to account for a dominant share of the global humidity data loggers and monitors market, as major players operating in the market are based in the region and are expected to invest more in humidity data loggers and monitors market. The humidity data loggers and monitors market in Asia Pacific is anticipated to grow rapidly during the forecast period due to growing shipping and logistic business in the region, which is likely to increase the demand for advanced humidity data loggers and monitors in the region.
Key players operating in the global humidity data loggers and monitors market include Global Cold Chain Solutions Pty Ltd, Cryopak Industries Inc., Sansel Instruments & Controls, Davis Instruments, Computer Aided Solutions LLC, ROTRONIC AG, MicroDAQ.com, Ltd., Marathon Products, Inc., CAS DataLoggers, Tinytag, JAKAR Electronics, Omega Engineering, and ThermoWorks.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.