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Cold Chain Monitoring Market Technology, Demand, Future Growth, Applications, Types, Analysis, Insights and Forecasts 2028

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Cold Chain Monitoring Market Technology, Demand, Future Growth, Applications, Types, Analysis, Insights and Forecasts 2028

August 21
04:15 2021
Cold Chain Monitoring Market Technology, Demand, Future Growth, Applications, Types, Analysis, Insights and Forecasts 2028
The study methodologies used to examine the Cold Chain Monitoring market for the forecast period, 2020 – 2028 further classifies the industry by type, geography, end-use and end-user to add more precision and bring to light factors responsible for augmenting business development.

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 investigative approach applied for the extensive analysis of the sale, gross margin and profit generated by the industry are presented through resources including tables, charts, and graphic images. Importantly, these resources can be easily integrated or used for preparing business or corporate presentations.

You Can Download Free Sample PDF Copy of Cold Chain Monitoring Market at https://www.emergenresearch.com/request-sample/721

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.

Storage segment revenue is expected to expand at a rapid CAGR during the forecast period. The advent of more sensitive products such as biologics, which require proper packaging with monitoring solutions, has been driving rising demand for cold chain storage facilities with advanced monitoring technologies.

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.

Asia Pacific accounted for largest revenue share contribution to the global cold chain monitoring market in 2020. Increasing initiatives by governments to reduce public health risks caused by consumption of ineffective pharmaceuticals is driving demand for and deployment of more effective remote motoring solutions.

Major players in the market include ORBCOMM, Sensitech Inc., Berlinger & Co. AG, Monnit, Controlant, ELPRO-BUCHS AG, Veridify Security, Savi Technology, Zest Labs, Inc., and Infratab, Inc.

Buy [email protected] https://www.emergenresearch.com/select-license/721

Regional scope: – North America; Europe; Asia Pacific; Central & South America; MEA

Emergen Research has segmented the Cold Chain Monitoring market on the basis of machinery type, packaging type, end-use, application, and region:

Offering Outlook (Revenue, USD Billion; 2018–2028)

Hardware

RFID Devices

Networking Devices

Sensors & Data Loggers

Telematics & Telemetry Devices

Software

Cloud-based

On-premise

Logistics Outlook (Revenue, USD Billion; 2018–2028)

Transportation

Storage   

Application Outlook (Revenue, USD Billion; 2018–2028)

Food & Beverages

Pharmaceuticals & Healthcare

Chemicals

Others          

You Can Download Free Sample PDF Copy of Cold Chain Monitoring Market at https://www.emergenresearch.com/request-sample/721

The industry experts have left no stone unturned to identify the major factors influencing the development rate of the Cold Chain Monitoring industry including various opportunities and gaps. A thorough analysis of the micro markets with regards to the growth trends in each category makes the overall study interesting. When studying the micro markets the researchers also dig deep into their future prospect and contribution to the Cold Chain Monitoring industry.

Key questions answered in the report

What will be the market size in terms of value and volume in the next five years?

Which segment is currently leading the market?

In which region will the market find its highest growth?

Which players will take the lead in the market?

What are the key drivers and restraints of the market’s growth?

Research Methodology

Data triangulation and market breakdown

Research assumptions Research data including primary and secondary data

Primary data includes breakdown of primaries and key industry insights

Secondary data includes key data from secondary sources

The report on global Cold Chain Monitoring market is intended to offer business owners, stakeholders and field marketing executives a broad overview of the business they should be focussing on for the estimated period. The research further holds vital information on the size of market and data on the prominent leaders’ product owners have to compete with, in the coming years. Assessments of the broad strengths, as well as weaknesses too, add value to the overall research. Products details not only cover the popular applications and its performance, but it also unveils certain trends and value of specific products within specific regions.  

Read [email protected] https://www.emergenresearch.com/industry-report/cold-chain-monitoring-market

Table of content:

Chapter 1. Methodology & Sources

    1.1. Market Definition

    1.2. Research Scope

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2019-2027

Chapter 3. Key Insights

Chapter 4. Cold Chain Monitoring Market Segmentation & Impact Analysis

    4.1. Cold Chain Monitoring Market Material Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Market indicators analysis

          4.2.2. Market drivers analysis

                    4.2.2.1. Growing demand for growing medicinal application

                    4.2.2.2. Rising legalization of Cold Chain Monitoring

                    4.2.2.3. Technological advancement in product invention

          4.2.3. Market restraints analysis

                    4.2.3.1. The complex regulatory framework for the usage of Cold Chain Monitoring

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter’s Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Continued…

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