diff --git a/projects/igniteui-angular/src/lib/performance.service.ts b/projects/igniteui-angular/src/lib/performance.service.ts
new file mode 100644
index 00000000000..ba99360ed9d
--- /dev/null
+++ b/projects/igniteui-angular/src/lib/performance.service.ts
@@ -0,0 +1,123 @@
+import { inject, Injectable, NgZone, isDevMode } from '@angular/core';
+
+
+interface igcPerformance {
+    startMeasure: typeof startMeasure;
+    getMeasures: typeof getMeasures;
+    clearMeasures: typeof clearMeasures,
+    clearAll: typeof clearAll
+}
+
+declare global {
+    var $$igcPerformance: igcPerformance;
+}
+
+function isInstrumented(): boolean {
+    return globalThis.performance && performance.measure && isDevMode();
+}
+
+function instrumentGlobalHelpers(): void {
+    if (!isInstrumented() || Object.hasOwn(globalThis, '$$igcPerformance')) {
+        return;
+    }
+
+    globalThis.$$igcPerformance = {
+        startMeasure,
+        getMeasures,
+        clearMeasures,
+        clearAll,
+    };
+
+    console.debug('Performance helper functions attached @ `global.$$igcPerformance`');
+
+}
+
+export function startMeasure(name: string, withLogging = false) {
+    if (!isInstrumented()) return () => { };
+
+    const startMark = `${name}:start`;
+    const endMark = `${name}:end`;
+
+    performance.mark(startMark);
+
+    return () => {
+        performance.mark(endMark);
+        performance.measure(name, startMark, endMark);
+        if (withLogging) {
+            const entry = performance.getEntriesByName(name).at(-1);
+            console.debug(`Performance Measure : ${entry.name} - Duration: ${entry.duration.toFixed(2)}ms`);
+        }
+    };
+}
+
+export function getMeasures(name?: string): PerformanceEntryList {
+    return name ? performance.getEntriesByName(name) : performance.getEntriesByType('measure');
+}
+
+export function clearMeasures(name?: string, withLogging = false): void {
+    performance.clearMeasures(name);
+    if (withLogging) {
+        console.debug(name ? 'Cleared all measures of type `${name}`' : 'Cleared all custom measures');
+    }
+}
+
+export function clearAll(withLogging = false): void {
+    performance.clearMarks();
+    clearMeasures();
+    if (withLogging) {
+        console.debug('Cleared all marks and custom measures');
+    }
+}
+
+@Injectable({ providedIn: 'root' })
+export class PerformanceService {
+    private readonly _ngZone = inject(NgZone);
+    private _logEnabled = false;
+
+    constructor() {
+        instrumentGlobalHelpers();
+    }
+
+    public setLogEnabled(state: boolean): void {
+        this._logEnabled = state;
+    }
+
+    public start(name: string) {
+        return startMeasure(name, this._logEnabled);
+    }
+
+    public getMeasures(name?: string): PerformanceEntryList {
+        return getMeasures(name);
+    }
+
+    public clearMeasures(name?: string): void {
+        clearMeasures(name, this._logEnabled);
+    }
+
+    public clearAll(): void {
+        clearAll(this._logEnabled);
+    }
+
+    public attachObserver(options?: PerformanceObserverInit) {
+        if (!isInstrumented()) return;
+        let observer: PerformanceObserver;
+
+        options = options ?? { entryTypes: ['event', 'long-animation-frame', 'longtask', 'taskattribution'] };
+
+        this._ngZone.runOutsideAngular(() => {
+            observer = new PerformanceObserver((list) => {
+                if (this._logEnabled) {
+                    for (const entry of list.getEntries()) {
+                        console.debug(`Performance Entry: ${entry.name} (${entry.entryType}) - Duration: ${entry.duration.toFixed(2)}ms`);
+                    }
+                }
+            });
+
+            observer.observe(options);
+        });
+
+        return () => {
+            observer.disconnect();
+        };
+    }
+}