SHARE
Cold Chain Monitoring - Global Market Outlook (2019-2027)

Cold Chain Monitoring - Global Market Outlook (2019-2027)

4.8 (78 reviews)
Published: November 2020 ID: SMRC20075
4.8 (78 reviews)
Published: November 2020 ID: SMRC20075

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Cold Chain Monitoring Market is accounted for $4.01 billion in 2019 and is expected to reach $11.94 billion by 2027 growing at a CAGR of 14.6% during the forecast period. Some of the key factors propelling the market growth include increasing global demand for temperature-sensitive drugs, surging demand for better food quality, intensifying need to reduce food wastage, and surging demand for generic drugs owing to higher accessibility. However, high cost of implementation is likely to hamper the market.

Slide6_400x200.png

Slide45_400x200.png

The cold chain monitoring is the logistic solution for monitoring and recording the data seamlessly, which enables to follow the strict instructions and guidelines for the validated solutions. The monitoring systems are introduced to maintain the effectiveness and freshness of the food, vaccines, under the required temperature, and prevent spoilage. This system plays an important role in the warehouses which is utilized for cold storage applications. It widely finds its application in industries such as food and beverage, healthcare, pharmaceuticals, agriculture, and others.

By logistics, the storage segment is expected to grow at the significant rate during the forecast period. Growing consumer inclination toward packaged food, changing lifestyles and dietary patterns, and the intensifying need to protect pharmaceutical products from unsuitable climatic conditions are the prime factors that are favoring the deployment of storage solutions at production sites, distribution centers, and at final delivery points. A well-structured cold storage monitoring setup reduces wastage and facilitates better resource utilization, thereby reducing the cost of operations.

On the basis of geography, APAC is expected to be the significant-growing cold chain monitoring market during the forecast period, due to rising demand for high-quality food products and government initiatives in the emerging economies to bring maximum people under the modern healthcare umbrella. Additionally, increasing government investments towards logistics infrastructure development and penetration of warehouse management systems are other major factors supporting the growth of the market in APAC.

Some of the key players in Cold Chain Monitoring Market include Тесh Маhіndrа Lіmіtеd, LogTag Recorders Ltd, Emerson, Savi Technology, Zest Labs, Elpro-Buchs, Sensitech, Inc., ORBCOMM, ВТ9 Ltd, Monnit Corporation, Berlinger & Co AG, ZeDA Instruments, Controlant, Daikin Industries, NXP Semiconductors NV, Haier Biomedical, Dickson, and NEC Corporation.

Temperature Types Covered:
• Frozen
• Chilled

Offerings Covered:
• Software
• Hardware
• Services

Logistics Covered:
• Transportation
• Storage

Applications Covered:
• Chemicals
• Food & Beverages
• Pharmaceuticals & Healthcare
• Other Applications

Technologies Covered:
• Eutectic
• Air blown

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain
o Rest of Europe      
• Asia Pacific
o Japan       
o China       
o India       
o Australia       
o New Zealand      
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

 

Select License Type

Single User License (PDF)
2 - 5 User License (PDF)
Site License (PDF)
Corporate License (PDF)

WHY CHOOSE US ?

Assured Quality

Assured Quality

Best in class reports with high standard of research integrity

24X7 Research Support

24X7 Research Support

Continuous support to ensure the best customer experience.

Free Customization

Free Customization

Adding more values to your product of interest.

Safe and Secure Access

Safe & Secure Access

Providing a secured environment for all online transactions.

Trusted by 600+ Brands

Trusted by 600+ Brands

Serving the most reputed brands across the world.

Testimonials