I am getting the following error when trying to launch Android Device Monitor from the Tools window in Android Studio on a Mac.
and when I open the log file
I'm having the same issue. Based on the log file, the new version of Android Studio requires Java 8 "Unsupported major.minor version 52.0": Unsupported major.minor version 52.0
I'm running Linux, I currently have java8 installed so I just needed to use:
update-alternatives --config java
and
update-alternatives --config javac
then everything worked.
It looks as though you're using a Mac, so you may or may not need to do the following after installing Java 8: Installed Java 7 on Mac OS X but Terminal is still using version 6
Info from Unsupported major.minor version 52.0 source: wikipedia