The Cold Chain Monitoring Global Market Report 2023, provides comprehensive information on the cold chain monitoring market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global cold chain monitoring market size is expected to grow from $4.73 billion in 2022 to $5.54 billion in 2023 at a compound annual growth rate (CAGR) of 17.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the cold chain monitoring market is expected to grow to $10.10 billion in 2027 at a CAGR of 16.2%.
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Technological advancement is a key trend gaining popularity in the cold chain monitoring market. Major companies operating in the market are introducing advanced technologies to strengthen their market position. For instance, in 2022, Disrupt-X, a UAE-based IoT development company offering full-stack IoT platform solutions, launched an IoT-based cold storage monitoring solution for detecting temperature and humidity levels in cold storage facilities. The Cold Storage Monitoring Solution from Disrupt-X allows users to detect temperature and humidity fluctuations from the comfort of their office or the convenience of their smartphone. It employs Sigfox / Lora WAN-based devices to send accurate humidity and temperature data levels to the cloud platform and mobile app regularly.
The cold chain monitoring market is segmented:
1) By Temperature Type: Frozen, Chilled
2) By Components: Hardware and Software
3) By Logistics: Storage, Transportation
4) By Applications: Beverages and Foods, Chemicals, Pharmaceuticals, Other Applications
Top Major Players:
Elpro-Buchs AG
Sensitech Inc
Monnit Corporation
Berlinger & Co. AG
Klinge Corporation
North America was the largest region in the cold chain monitoring market in 2022.
The table of contents in TBRC’s cold chain monitoring market report includes:
1. Executive Summary
2. Cold Chain Monitoring Market Characteristics
3. Cold Chain Monitoring Market Trends And Strategies
4. Cold Chain Monitoring Market – Macro Economic Scenario
5. Cold Chain Monitoring Market Size And Growth
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26. Africa Cold Chain Monitoring Market
27. Cold Chain Monitoring Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Cold Chain Monitoring Market
29. Cold Chain Monitoring Market Future Outlook and Potential Analysis
30. Appendix
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