Dublin, March 14, 2023 (GLOBE NEWSWIRE) -- The "Cold Chain Monitoring: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Cold Chain Monitoring estimated at US$6.1 Billion in the year 2022, is projected to reach a revised size of US$19.4 Billion by 2030, growing at a CAGR of 15.7% over the analysis period 2022-2030.
Hardware, one of the segments analyzed in the report, is projected to record 13.7% CAGR and reach US$12.4 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Software segment is readjusted to a revised 20.2% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.9 Billion, While China is Forecast to Grow at 19.2% CAGR
The Cold Chain Monitoring market in the U.S. is estimated at US$1.9 Billion in the year 2022. 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 19.2% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 13.1% and 15.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 14.2% CAGR.
Select Competitors (Total 55 Featured) -
- Berlinger & Co.
- Controlant
- Daikin Industries, Ltd.
- Elpro - Buchs
- Infratab Inc.
- Klinge Corporation
- Lineage Logistics LLC
- Monnit Corporation
- NXP Semiconductors N.V.
- ORBCOMM
- Safetraces
- Sensitech Inc.
- Tagbox
- Verigo
- Zest Labs
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 241 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $6.1 Billion |
| Forecasted Market Value (USD) by 2030 | $19.4 Billion |
| Compound Annual Growth Rate | 15.6% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Cold Chain Monitoring - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- A Prelude to Cold Chain
- An Insight into Cold Chain Monitoring
- Cold Chain Monitoring- Highly Beneficial for Transportation of Perishable Goods
- COVID-19 Spurs Demand for Cold Chain Monitoring Technologies
- 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
- 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
- Global Population Estimates (in Billion): 2000-2050
- World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, 2100
- Food Demand Worldwide: Demand Growth in Million Tonnes for Cereals and Sugar in Select Regions for the Period 2008-2017 and 2018-2027
- Global Crop Production by Crop Type (in Million Metric Tons): 2017-2020
- Shrinking Arable Land
- Loss of Arable Land Exerts Immense Pressure on Yields Per Acre: Global Availability of Arable Land in Hectares Per Person for the Years 1990, 2000, 2018 and 2020
- Arable Land Worldwide as a % of Total Land Area for the Years 1990, 2000, 2018 and 2020
- 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
- Global Demand for Organic Food Products (in US$ Billion): 2015-2025
- 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
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/8tqnkf
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