Report
Description
A recent market intelligence report that is published by Data
Insights Partner on Cold Chain Monitoring Market makes an
offering of in-depth analysis of segments and sub-segments in the regional and
international. The research study also emphasizes on the impact of restraints,
drivers, and macro indicators on the regional and world Cold Chain Monitoring Market over the short as well as long period of time. A
detailed presentation of forecast, trends, and dollar values of international Cold
Chain Monitoring Market is offered.
Market
Insights:
In accordance with the report, the Cold Chain Monitoring
Market is projected to expand at a CAGR of X.X% over the period
of forecast. The global Cold Chain
Monitoring Market was valued at USD XX.X Mn in 2019 and is expected to reach
USD XX.X Mn in 2031, growing with a significant CAGR rate during the forecast
period. The market for cold chain monitoring is primarily driven by the
expanding demand for this technology, particularly in the pharmaceutical
industry. Strict guidelines and norms for the transport and storage of
pharmaceutical goods might also boost market expansion. It will also be
advantageous that consumers are becoming more conscious of the importance of
higher food quality and the demand for packaged meals and beverages.
Additionally, government and private sector investments in this industry will
fuel market expansion. The Cold Chain Monitoring Market is divided into five
regions based on geography: North America, South America, Europe, the Middle
East, and Africa. According to estimates, North America will hold the greatest
market share during the forecasting period. The main causes of the exponential
expansion include the expanding frozen food market, rising meat consumption,
and responsible investments made by the major players. Additionally, the
accessibility of superior monitoring tools for preserving the efficiency of
numerous cold chains will aid in adhering to the rules.
Research
Methodology:
To compile
the detailed study of the global Cold Chain
Monitoring Market, a robust research methodology has been adopted
that aids in determining the key insights and also evaluates the growth
prospects of the Cold Chain Monitoring Market.
Comprehensive and iterative research methodology focused on minimizing deviance
in order to provide the most accurate estimates and forecast possible. The
company utilizes a combination of bottom-up and top-down approaches for
segmenting and estimating quantitative aspects of the market. Our research
methodology implements a mix of primary as well as secondary research. Our
projects are initiated with secondary research, where we refer to a variety of
sources including trade databases; government published documents, investor
presentations, company annual reports, Industrial papers, and paid databases. To
carry out secondary research, the analysts have collected the information
through company annual reports, journals, company press releases, and paid
databases that were referred to gain and identify better opportunities in the Cold Chain Monitoring Market.
COVID-19
Scenario Analysis:
The COVID-19
outbreak has shaken the whole economy in the world. In this scenario some
industries are doing quite well while others have been crushed. This section of
the report has explored the overall status of the COVID-19 scenario. The
industry witnessed a huge decline in terms of sales. Likewise, the Cold Chain Monitoring Market was affected negatively due to the
shutdown of manufacturing/processing facilities for some time. The analysts
have also focused on the key measures that the companies are opting to
withstand the harsh scenario.
Segment
Covered:
Cold Chain Monitoring Market Compounded annual growth rates for all segments have also
been provided for 2019 to 2031. This report is a compilation of first-hand
information, qualitative and quantitative assessment by industry analysts,
inputs from industry experts and industry participants across the value chain.
Key Segments:
Cold Chain Monitoring Market research report
includes an in-depth coverage of the industry with estimates & forecast
from 2023 to 2031, for the following segments:
Cold Chain
Monitoring Market, By Components, 2023-2031 (USD Million)
·
Software
·
Telematics
Devices
·
Radio
Frequency Devices
·
Others
Cold Chain
Monitoring Market, By Applications, 2023-2031 (USD Million)
·
Beverages and
Foods
·
Chemicals
·
Pharmaceuticals
·
Others
Cold Chain
Monitoring Market, By Logistics, 2023-2031 (USD Million)
·
Warehousing
·
Transportation
Report
Highlights:
The prime objective of the Cold Chain
Monitoring Market report is to
help the user understand the market in terms of its definition, segmentation,
market potential, influential trends, and the challenges that the market is
facing with different major regions and more than 30 major countries across the
globe. During the report's production, extensive research and analysis were
conducted. This research will assist readers in gaining a thorough
understanding of the market.
Cold Chain
Monitoring Market, By Region, 2023-2031 (USD Million)
·
North America (
United States, Canada, Mexico)
·
Europe
(Germany, UK, France, Italy, Russia, Spain, and Rest of Europe)
·
South Asia (
India, Pakistan and Bangladesh)
·
East Asia
(China, Japan and South Korea)
·
South East Asia
(Indonesia, Thailand, Singapore, Malaysia, Rest of SE Asia)
·
Middle East
(Turkey, Saudi Arabia, Iran, UAE, Israel, Iraq, Qatar, Rest of MEA)
·
Africa
(Nigeria, South Africa, Egypt, Algeria, Rest of Africa)
·
South America
(Brazil, Argentina, Colombia, Chile, and Rest of SA)
·
Oceania
(Australia and New Zealand)
Companies
Profiled:
To enhance their position in the global
market, key suppliers/manufacturers are concentrating on business expansion and
product innovation. Manufacturers/producers are also working on boosting their
manufacturing capacity and product quality to gain a competitive advantage. The
following are some of the prominent manufacturers in the worldwide Cold Chain
Monitoring Market:
·
Infratab Inc.
(US)
·
NEC Corp.
(Japan)
·
Sensitech
Inc. (US)
·
NXP
Semiconductors N.V. (Netherlands)
·
Zest Labs
(US)
·
Controlant
EHF (Iceland)
·
Berlinger and
Co. AG (Switzerland)
·
ORBCOMM (US)
·
Monnit
Corporation (US)
·
Klinge
Corporation (US)
·
ELPRO-BUCHS
AG (Switzerland)
·
Lineage
Logistics Holding LLC (US)
·
Verigo (US)
·
Tagbox (US)
·
Nimble
Wireless (India)
·
DAIKIN
Industries Ltd. (Japan)
·
SecureRF
Corporation (US)
·
Safetraces
(US)
·
Savi
Technology (US)
·
FreshSurety
(US)
Cold
Chain Monitoring Market Report Highlights:
·
Detailed
analysis of the parent market
·
Key players'
strategies and products supplied in the competitive landscape
·
Market
segmentation in depth analysis
·
Market size
in terms of volume and value, past, present, and future scenario
·
Potential and
specialty areas, as well as geographical regions with promising growth
prospects
·
Market
players use this information to maintain and expand their market presence, thus
it's important to have an unbiased perspective on market performance.
·
Recent
advancements and technological trends in the industry