Cold Chain Monitoring Market Detailed Study Mentioning Positive Growth | Top Players, ORBCOMM, Sensitech Inc, Monnit, Controlant, ELPRO-BUCHS AG, etc

cold chain monitoring market size is expected to reach USD 12.95 Billion in 2028 and register a steady revenue CAGR over the forecast period, according to latest analysis by Emergen Research. Steady market revenue growth can be attributed to rising demand for temperature-controlled supply chains in food & beverages industries. Increasing demand for cold chain business is driving the need for better monitoring solutions. Absence of monitoring solutions could result in reducing product effectiveness, especially for drugs and pharmaceutical products, or even pose a risk to life. Rising need to ensure safety and quality of products is boosting utilization of cold chain monitoring solutions where products are kept under prescribed temperature requirements.

Moreover, rise of effectiveness and popularity of generic drugs, biologics, and processed and frozen food items respectively is boosting utilization of cold chain monitoring solutions in order to increase supply chain efficiency. Inability to control or monitor temperature across the global food supply chain is contributing significantly to increasing food waste. Rising concerns regarding food security, safety, and integrity is resulting in rising focus and on improvement of inefficiencies in the cold chain. These factors are driving growth of the cold chain monitoring market to a significant extent. Changing dietary habits of consumers and improving living standards are resulting in shifting preference towards processed and packaged foods and products. Food processing companies are increasingly adopting cold chain monitoring solutions to meet rapidly rising demand for processed foods as these products require accurate temperature-controlled storage facilities to prevent spoilage and food waste as a result.

We Have Recent Updates of Cold Chain Monitoring Market in Sample Copy: https://www.emergenresearch.com/request-sample/721

The report is formulated through extensive primary and secondary research and is curated with an intent to offer the readers and businesses a competitive edge over other players in the industry. The report sheds light on the minute details of the Cold Chain Monitoring-industry pertaining to growth factors, opportunities and lucrative business prospects, regions showing promising growth, and forecast estimation till 2027.

The report also studies the key companies of the Cold Chain Monitoring market along with analysis of their business strategies, M&A activities, investment plans, product portfolio, financial standing, gross profit margin, and production and manufacturing capacities. Some players analyzed in the report are:

ORBCOMM, Sensitech Inc., Berlinger & Co. AG, Monnit, Controlant, ELPRO-BUCHS AG, Veridify Security, Savi Technology, Zest Labs, Inc., and Infratab, Inc.

The report further divides the Cold Chain Monitoring market into key segments such as types, applications, end-user industries, technologies, and key regions of the market. The report also sheds light on the segment and region exhibiting promising growth in the Cold Chain Monitoring market.

Cold Chain Monitoring Market Segmentation

Emergen Research has segmented the global cold chain monitoring market on the basis of offering, logistics, application, and region:

  • Offering Outlook (Revenue, USD Billion; 2018–2028)
    • Hardware
      1. RFID Devices
      2. Networking Devices
      3. Sensors & Data Loggers
      4. Telematics & Telemetry Devices
    • Software
      1. Cloud-based
      2. On-premise
  • Logistics Outlook (Revenue, USD Billion; 2018–2028)
    • Transportation
    • Storage
  • Application Outlook (Revenue, USD Billion; 2018–2028)
    • Food & Beverages
    • Pharmaceuticals & Healthcare
    • Chemicals
    • Others

Regional Segmentation

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Request customization of the report @ https://www.emergenresearch.com/request-for-customization/721

Key Questions Answered by the Report:

Which region is expected to dominate the market in the coming years?

What are the recent technological and product advancements occurring in the market?

What are the key strategies adopted by the prominent players in the Cold Chain Monitoring market?

What are the key product types and applications of the Cold Chain Monitoring industry?

What is the outcome of SWOT analysis and Porter’s Five Forces analysis?

How is the competitive landscape of the Cold Chain Monitoring market?

Who are the key players in the industry?

What is the growth rate of the industry over the coming years?

What will be the valuation of the Cold Chain Monitoring Market by 2027?

Explore Similar Reports offered by Emergen Research:

Fruit & Vegetable Processing Market

Food Vacuum Machine Market

Lactase Market

About Emergen Research

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy.

Contact Us:                    

Eric Lee

Corporate Sales Specialist

Emergen Research | Web: www.emergenresearch.com

Direct Line: +1 (604) 757-9756

You may also like...

Leave a Reply

Your email address will not be published.