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cold chain monitoring market Size, SWOT Analysis, Forecast

  • The global 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.

    The new report titled ‘Global cold chain monitoring market’, published by Emergen Research, is methodically curated by our team of analysts, keeping readers’ understanding in mind, and includes a wide-ranging database of distribution. The report takes a closer look at the historical and current market scenarios to accurately predict the global cold chain monitoring market outlooks over the forecast duration (2021-2028).

     

    Get a sample PDF of the report @ https://www.emergenresearch.com/request-sample/721

    The report offers a complete analysis of the global Cold Chain Monitoring market on a global and regional scale and offers a forecast for the market for 8 years. The report provides extensive coverage of the market drivers, restraints, limitations, growth prospects, threats, opportunities, and current and emerging trends in the market. The report also offers an in-depth analysis of the market players along with their business overview, product portfolio, technological advancements, expansion plans, financial standing, and global position. It also sheds light on the collaborations in the competitive landscape, such as mergers and acquisitions, joint ventures, collaborations, product launches, brand promotions, corporate and government deals, licensing agreements, and others.

    Some Key Highlights From the Report

    • In December 2020, ORBCOMM, which is a global provider of IoT solutions, announced that it is poised to support its transportation customers in the global distribution of COVID-19 vaccine by offering its industry-leading cold chain telematics solutions. The IoT solutions of ORBCOMM offers end-to-end tracking, monitoring, and control of refrigerated trailers, sea containers, and dry vans throughout the supply chain on rail, road, and sea.
    • Hardware segment accounted for largest revenue share in 2020. Increasing utilization of advanced hardware to increase efficiency of cold chain monitoring systems is expected to continue to drive revenue growth of this segment.
    • Food & beverages segment accounted for a significantly large revenue share in the cold chain monitoring market in 2020. Changing diet and improving living standards of consumers has resulted in shift in preference towards quality processed foods and products, which has increased utilization of cold chain monitoring solutions in food & beverage industries as processed foods require sensitive and accurate temperature-controlled storage facilities.

    To get leading market solutions, visit the link below:

    https://www.emergenresearch.com/industry-report/cold-chain-monitoring-market

    Key companies profiled in the Cold Chain Monitoring report include:

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

    Request a discount on the report @ https://www.emergenresearch.com/request-discount/721

    The report further covers comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a complete understanding of the competitive landscape and scenario of each market player. The report also provides an in-depth analysis of the applications and product types offered in the market.

    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           

    To know more about the Cold Chain Monitoring report, visit @ https://www.emergenresearch.com/industry-report/cold-chain-monitoring-market

    Regional Analysis:

    Regional analysis includes an in-depth study of the key geographical regions to gain a better understanding of the market and provide an accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional analysis covers the analysis of key market segments, including revenue, CAGR, import/export, supply and demand ratio, production and consumption ratio, industrial chain analysis, and market dynamics in each region of the geographies.

    ToC of the report:

    Chapter 1: Market overview and scope

    Chapter 2: Market outlook

    Chapter 3: Impact analysis of COVID-19 pandemic

    Chapter 4: Competitive Landscape

    Chapter 5: Drivers, Constraints, Opportunities, Limitations

    Chapter 6: Key manufacturers of the industry

    Chapter 7: Regional analysis

    Chapter 8: Market segmentation based on type & applications

    Chapter 9: Current and Future Trends

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

    Thank you for reading our report. Please get in touch with us for further queries about the report and our team will assist you according to your needs.

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    About Us:

    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. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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