Cold Chain Tracking and Monitoring Market By End User (Healthcare, Food & Beverage, Chemical, Others), By System (Hardware, Software), By Solution (Storage, Transportation): Global Opportunity Analysis and Industry Forecast, 2020-2030
Cold chain utilizes a series of sensors and controlling devices to maintain and monitor products such as food stocks and drugs at a specific temperature in cold storage. The cold chain tracking and monitoring effectively prevents perishable food losses, increases durability, and maintains pharmaceutical drugs at desired temperature conditions. A typical cold chain tracking and monitoring system consists of hardware and software. Hardware components include sensors & data loggers, RFID devices, telemetry & telematics, and networking devices. The software used can be categorized into cloud-based and on-premises. Multiple export industries depend on the vital links provided by connected sensors to identify incidents immediately and help mitigate any damages or delays with reactive responses.
For the purpose of analysis, the cold chain tracking and monitoring market is segmented on the basis of system, solution, end-user, and region. On the basis of system, the market is categorized into hardware & software. By solution, the market is categorized into storage & transportation. By end user industry, the market is classified into healthcare, food & beverage, chemical, and others. It analyzes the current market trends of the market across different regions such as North America, Europe, Asia-Pacific, and LAMEA and suggests future growth opportunities.
The growth drivers, restraints, and opportunities are explained in the report to better understand the market dynamics. This report further highlights the critical areas of investment. In addition, it includes Porter’s five forces analysis to understand the competitive scenario of the industry and the role of each stakeholder. The report features the strategies adopted by key market players to maintain their foothold in the market. Furthermore, it highlights the competitive landscape of the key players to increase their market share and sustain the intense competition in the industry.
The key players operating in the global cold chain tracking and monitoring market are Americold Logistics, LLC, Berlinger & Co. AG, Controlant, ELPRO-BUCHS AG, Hanwell Solutions, Infratab, Inc., Monnit Corporation, ORBCOMM, Savi Technology, and Sensitech Inc.
KEY BENEFITS FOR STAKEHOLDERS
This study presents analytical depiction of the global cold chain tracking and monitoring market along with the current trends and future estimations to depict the imminent investment pockets.
The overall market potential is determined to understand the profitable trends to enable stakeholders gain a stronger foothold in the market.
The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
The current market is quantitatively analyzed from 2021 to 2030 to highlight the financial competency of the market.
Porter’s five forces analysis illustrates the potency of the buyers and suppliers.
Key Market Segments
By End User
Others
Healthcare
Food Beverage
Chemical
By System
Hardware
Software
By Solution
Storage
Transportation
By Region
North America
U.S.
Canada
Mexico
Europe
Rest of Europe
Germany
France
U.K.
Italy
Asia-Pacific
Japan
China
Australia
India
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
americold logistics, llc.
berlinger & co. ag
controlant
Hanwell Solutions
ELPRO-BUCHS AG
Infratab
Monnit Corporation
ORBCOMM, Inc.
Savi Technology
Sensitech Inc
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