DUBLIN, March 28, 2024 /PRNewswire/ — The “Cold Chain Monitoring – Global Strategic Business Report” has been added to ResearchAndMarkets.com’s offering.
The global market for Cold Chain Monitoring estimated at US$7.3 Billion in the year 2023, is projected to reach a revised size of US$19.4 Billion by 2030, growing at a CAGR of 13% over the analysis period 2023-2030.
Cold Chain Monitoring Hardware, one of the segments analyzed in the report, is projected to record 11.3% CAGR and reach US$12.4 Billion by the end of the analysis period. Growth in the Cold Chain Monitoring Software segment is estimated at 16.6% CAGR for the next 8-year period.
The Cold Chain Monitoring market in the U.S. is estimated at US$2.3 Billion in the year 2023. China, the world’s second largest economy, is forecast to reach a projected market size of US$3.2 Billion by the year 2030 trailing a CAGR of 15.8% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.9% and 12.8% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 11.8% CAGR.
Key Market Trends & Drivers
- Advent of Innovative Packaging Materials Ensure Safe Storage and Transportation of Pharmaceuticals and Perishable Food Products
- Rise of Cold Chain IoT to Strengthen Monitoring Solutions
- Food Security Concerns Turns Focus onto Cold Chain Monitoring
- Shrinking Arable Land
- Growing Significance of Farm-to-Fork Trend Elevates Role of Cold Chain Logistics
- Post-Harvest & Supply Chain Losses Create Strong Business Case
- Healthy Tide in Grocery & Processed Food Retail Augments Prospects for Food Cold Chain Solutions
- Increasing Demand for Organic Foods to Bolster Cold Chain System
- Cold Chains Gain Ground in Healthcare Sector
- Rising Global Demand for Temperature-Sensitive Drugs to Propel the Cold Chain Monitoring Market
- Governmental Policies Impact Pharmaceutical Supply Chains in Europe and North America
- Latest Regulation of FSMA Requires Further Refinements in Cold Chain Monitoring
- Advanced Digital Technologies Makes an Impact on Cold Chain Ecosystem
Key Report Features
- Full access to influencer engagement stats
- Free access to digital archives & research platform. The proprietary platform is fully enabled to unlock creativity and market knowledge of domain experts worldwide in a cohesive and collaborative manner. The state-of-art tools bring world class market perspectives while protecting participants` privacy and identity. Numbers, statistics and market narrative in the report are based on fully curated insights shared by domain experts and influencers in this space.
- Opportunity to engage with interactive questionnaires that come with real-time data simulator tools & bespoke report generation capabilities
- Full client access to peer collaborative and interactive platform for cross-enterprise smart exchange of ideas
- Complimentary report updates for one year
- Competitor coverage with global market shares of major players
- Player market presence analysis (Strong/Active/Niche/Trivial) across multiple geographies
- Access to curated YouTube video transcripts of domain experts/influencer interviews, podcasts, press statements and event keynotes
The report covers 55 key competitors in the industry.
A selection of featured companies include:
- Emerson Electric Company
- Daikin Industries Ltd.
- Aeris Communications, Inc.
- Ambetronics Engineers Pvt. Ltd.
- Americold
- Haier Biomedical
- Kii Corporation
- Klinge Corporation
- Agro Merchants Group
- Burris Logistics
- Elpro-Buchs AG
- Interstate Cold Storage, Inc.
- Hanwell Solutions Ltd.
- JRI Company
- Industrial Technology Research Institute (ITRI)
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Cold Chain Monitoring – Global Key Competitors Percentage Market Share in 2023 (E)
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
- A Prelude to Cold Chain
- An Insight into Cold Chain Monitoring
- Cold Chain Monitoring- Highly Beneficial for Transportation of Perishable Goods
- Cold Chain Monitoring Market Witnesses Rapid Growth
- Construction of Sustainable Cold Chain Facilities Minimizes Food Wastage and Improve Product Quality
- Introduction of Innovative Technologies Fuel Growth for Cold Chain Monitoring Equipment Market
- Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
- United States
- Canada
- Japan
- China
- Europe
- France
- Germany
- Italy
- United Kingdom
- Rest of Europe
- Asia-Pacific
- Rest of World
For more information about this report visit https://www.researchandmarkets.com/r/hgvtnc
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SOURCE Research and Markets
