Global Cold Chain Monitoring Market Size, Share, Trends, Industry Growth by Component (Hardware, Software), by Logistics (Storage, Transportation), by Application, by Region, and Forecast to 2028

Price: 3600/- USD | Published Date: July 20, 2022 |

The global cold chain monitoring market size was valued at around USD 5 billion in 2021 and expected to grow at a higher CAGR of over 16% during the forecast period from 2022 to 2028. The rising demand for cold chain monitoring in pharmaceutical and healthcare applications is a primary factor driving the market growth. Furthermore, the growing demand for the solutions in various applications such as dairy products, frozen food, and processed food is further anticipated to boost the market over the forecast period. Moreover, the rising regulations regarding temperature-sensitive goods and the growing demand for temperature-sensitive drugs are projected to propel the market growth in next upcoming years.

Market Insights:

The global cold chain monitoring market is bifurcated into components, logistics, applications, and region. On the basis of components, the market is further segmented into hardware and software. The hardware segment dominated the global market in 2021 and is estimated to hold the largest revenue share of over 2/3 market share by the end of the analysis period. The hardware segment includes the tracking and tracing activities and includes the RFID devices, networking devices, sensors data loggers, and telematics and telemetry devices. The rising demand for cold chain monitoring solutions in various industries such as pharmaceuticals, food, and dairy products is anticipated to fuel the segment growth over the forecast period.

On the basis of application, the market is segmented into food & beverage, pharma & healthcare, chemicals, and other applications. The food & beverage segment dominated the global cold chain monitoring market in 2021 and is expected to register a healthy CAGR over the forecast period. The increasing demand for processed food and the changing dietary preference among people are some major factors driving the segment growth. Furthermore, the growing demand for frozen food in various economies is further anticipated to fuel the segment growth over the forecast period. On the flip side, the pharmaceutical and healthcare segment is accounted to grow at a significant CAGR over the forecast period.

The cold chain monitoring comprehensive study analyzes industry trends, market size, competitive analysis, and market forecast – 2022 to 2028. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

The cold chain monitoring market research report presents the analysis of each segment from 2019 to 2028 considering 2020 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2021 to 2027.

Historical & Forecast Period

  • 2019-20 – Historical Year
  • 2021 – Base Year
  • 2022-2028 – Forecast Period

Global Cold Chain Monitoring Market Segmentation:

Cold Chain Monitoring Market Segmentation by Component:

  • Hardware
  • Software

Cold Chain Monitoring Market Segmentation by Logistics:

  • Storage
  • Transportation

Cold Chain Monitoring Market Segmentation by Application:

  • Food & Beverage
  • Pharma & Healthcare
  • Chemicals
  • Other Applications

Cold Chain Monitoring Market Segmentation by Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Cold Chain Monitoring Market: Geographic Coverage

Geographically, North America dominated the global cold chain monitoring market in 2021 and is expected to hold the largest revenue share of over 1/3 market share by the end of the analysis period. the growing demand for chilled and frozen food is a major factor to drive the market growth in the region. Furthermore, the increasing demand for dairy products, vegetables and fruits is driving imports, as well as exports of foreign vegetables, fruits, and dairy products, thereby increasing the demand for cold chain monitoring solutions in North America. On the flip side, the Asia Pacific is accounted to register the fastest growth rate over the forecast period.

Cold Chain Monitoring Market: Competitive Assessment

Some of the major market players operating in the global cold chain monitoring market are Orbcomm, Sensitech, Berlinger & Co., Monnit, and Controlant. Companies are exploring markets through expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

List of Key Companies:

  • Orbcomm
  • Sensitech
  • Berlinger & Co.
  • Monnit
  • Controlant
  • Elpro-Buchs
  • Securerf Corporation
  • Savi Technology
  • Zest Labs
  • Infratab

Key Questions Answered by Cold Chain Monitoring Market Report

  • Global cold chain monitoring market forecasts from 2022-2028
  • Regional market forecasts from 2022-2028 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
  • Country-level forecasts from 2022-2028 covering 15 major countries from the regions as mentioned above
  • Cold chain monitoring submarket forecasts from 2022-2028 covering the market by component, by logistics, by application, and geography
  • Various industry models such as SWOT analysis, Value Chain Analysis about the market
  • Analysis of the key factors driving and restraining the growth of the global, regional, and country-level cold chain monitoring markets from 2022-2028
  • Competitive Landscape and market positioning of top 10 players operating in the market
Cold Chain Monitoring Market
Table of Content:

1. Preface


1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.4. Assumptions

 

2. Executive Summary


2.1. Global Cold Chain Monitoring Market Portraiture
2.2. Global Cold Chain Monitoring Market, by Component, 2021 (USD Mn)
2.3. Global Cold Chain Monitoring Market, by Logistics, 2021 (USD Mn)
2.4. Global Cold Chain Monitoring Market, by Application, 2021 (USD Mn)
2.5. Global Cold Chain Monitoring Market, by Geography, 2021 (USD Mn)

 

3. Global Cold Chain Monitoring Market Analysis


3.1. Cold Chain Monitoring Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Attractive Investment Proposition
3.5. Competitive Analysis
3.6. Porter’s Five Force Analysis
3.6.1. Bargaining Power of Suppliers
3.6.2. Bargaining Power of Buyers
3.6.3. Threat of New Entrants
3.6.4. Threat of Substitutes
3.6.5. Degree of Competition
3.7. COVID-19 Impact Analysis

 

4. Global Cold Chain Monitoring Market By Component, 2019 – 2028 (USD Mn)


4.1. Overview
4.2. Hardware
4.3. Software

 

5. Global Cold Chain Monitoring Market By Logistics, 2019 – 2028 (USD Mn)


5.1. Overview
5.2. Storage
5.3. Transportation

 

6. Global Cold Chain Monitoring Market By Application, 2019 – 2028 (USD Mn)


6.1. Overview
6.2. Food & Beverage
6.3. Pharma & Healthcare
6.4. Chemicals
6.5. Other Applications

 

7. North America Cold Chain Monitoring Market Analysis and Forecast, 2019 – 2028 (USD Mn)


7.1. Overview
7.2. North America Cold Chain Monitoring Market by Component, (2019-2028 USD Mn)
7.3. North America Cold Chain Monitoring Market by Logistics, (2019-2028 USD Mn)
7.4. North America Cold Chain Monitoring Market by Application, (2019-2028 USD Mn)
7.5. North America Cold Chain Monitoring Market by Country, (2019-2028 USD Mn)
7.5.1. U.S.
7.5.1.1. U.S. Cold Chain Monitoring Market by Component, (2019-2028 USD Mn)
7.5.1.2. U.S. Cold Chain Monitoring Market by Logistics, (2019-2028 USD Mn)
7.5.1.3. U.S. Cold Chain Monitoring Market by Application, (2019-2028 USD Mn)
7.5.2. Canada
7.5.2.1. Canada Cold Chain Monitoring Market by Component, (2019-2028 USD Mn)
7.5.2.2. Canada Cold Chain Monitoring Market by Logistics, (2019-2028 USD Mn)
7.5.2.3. Canada Cold Chain Monitoring Market by Application, (2019-2028 USD Mn)

 

8. Europe Cold Chain Monitoring Market Analysis and Forecast, 2019 – 2028 (USD Mn)


8.1. Overview
8.2. Europe Cold Chain Monitoring Market by Component, (2019-2028 USD Mn)
8.3. Europe Cold Chain Monitoring Market by Logistics, (2019-2028 USD Mn)
8.4. Europe Cold Chain Monitoring Market by Application, (2019-2028 USD Mn)
8.5. Europe Cold Chain Monitoring Market by Country, (2019-2028 USD Mn)
8.5.1. Germany
8.5.1.1. Germany Cold Chain Monitoring Market by Component, (2019-2028 USD Mn)
8.5.1.2. Germany Cold Chain Monitoring Market by Logistics, (2019-2028 USD Mn)
8.5.1.3. Germany Cold Chain Monitoring Market by Application, (2019-2028 USD Mn)
8.5.2. U.K.
8.5.2.1. U.K. Cold Chain Monitoring Market by Component, (2019-2028 USD Mn)
8.5.2.2. U.K. Cold Chain Monitoring Market by Logistics, (2019-2028 USD Mn)
8.5.2.3. U.K. Cold Chain Monitoring Market by Application, (2019-2028 USD Mn)
8.5.3. France
8.5.3.1. France Cold Chain Monitoring Market by Component, (2019-2028 USD Mn)
8.5.3.2. France Cold Chain Monitoring Market by Logistics, (2019-2028 USD Mn)
8.5.3.3. France Cold Chain Monitoring Market by Application, (2019-2028 USD Mn)
8.5.4. Italy
8.5.4.1. Italy Cold Chain Monitoring Market by Component, (2019-2028 USD Mn)
8.5.4.2. Italy Cold Chain Monitoring Market by Logistics, (2019-2028 USD Mn)
8.5.4.3. Italy Cold Chain Monitoring Market by Application, (2019-2028 USD Mn)
8.5.5. Rest of Europe
8.5.5.1. Rest of Europe Cold Chain Monitoring Market by Component, (2019-2028 USD Mn)
8.5.5.2. Rest of Europe Cold Chain Monitoring Market by Logistics, (2019-2028 USD Mn)
8.5.5.3. Rest of Europe Cold Chain Monitoring Market by Application, (2019-2028 USD Mn)

 

9. Asia Pacific Cold Chain Monitoring Market Analysis and Forecast, 2019 – 2028 (USD Mn)


9.1. Overview
9.2. Asia Pacific Cold Chain Monitoring Market by Component, (2019-2028 USD Mn)
9.3. Asia Pacific Cold Chain Monitoring Market by Logistics, (2019-2028 USD Mn)
9.4. Asia Pacific Cold Chain Monitoring Market by Application, (2019-2028 USD Mn)
9.5. Asia Pacific Cold Chain Monitoring Market by Country, (2019-2028 USD Mn)
9.5.1. China
9.5.1.1. China Cold Chain Monitoring Market by Component, (2019-2028 USD Mn)
9.5.1.2. China Cold Chain Monitoring Market by Logistics, (2019-2028 USD Mn)
9.5.1.3. China Cold Chain Monitoring Market by Application, (2019-2028 USD Mn)
9.5.2. Japan
9.5.2.1. Japan Cold Chain Monitoring Market by Component, (2019-2028 USD Mn)
9.5.2.2. Japan Cold Chain Monitoring Market by Logistics, (2019-2028 USD Mn)
9.5.2.3. Japan Cold Chain Monitoring Market by Application, (2019-2028 USD Mn)
9.5.3. India
9.5.3.1. India Cold Chain Monitoring Market by Component, (2019-2028 USD Mn)
9.5.3.2. India Cold Chain Monitoring Market by Logistics, (2019-2028 USD Mn)
9.5.3.3. India Cold Chain Monitoring Market by Application, (2019-2028 USD Mn)
9.5.4. Rest of Asia Pacific
9.5.4.1. Rest of Asia Pacific Cold Chain Monitoring Market by Component, (2019-2028 USD Mn)
9.5.4.2. Rest of Asia Pacific Cold Chain Monitoring Market by Logistics, (2019-2028 USD Mn)
9.5.4.3. Rest of Asia Pacific Cold Chain Monitoring Market by Application, (2019-2028 USD Mn)

 

10. Latin America (LATAM) Cold Chain Monitoring Market Analysis and Forecast, 2019 – 2028 (USD Mn)


10.1. Overview
10.2. Latin America Cold Chain Monitoring Market by Component, (2019-2028 USD Mn)
10.3. Latin America Cold Chain Monitoring Market by Logistics, (2019-2028 USD Mn)
10.4. Latin America Cold Chain Monitoring Market by Application, (2019-2028 USD Mn)
10.5. Latin America Cold Chain Monitoring Market by Country, (2019-2028 USD Mn)
10.5.1. Brazil
10.5.1.1. Brazil Cold Chain Monitoring Market by Component, (2019-2028 USD Mn)
10.5.1.2. Brazil Cold Chain Monitoring Market by Logistics, (2019-2028 USD Mn)
10.5.1.3. Brazil Cold Chain Monitoring Market by Application, (2019-2028 USD Mn)
10.5.2. Mexico
10.5.2.1. Mexico Cold Chain Monitoring Market by Component, (2019-2028 USD Mn)
10.5.2.2. Mexico Cold Chain Monitoring Market by Logistics, (2019-2028 USD Mn)
10.5.2.3. Mexico Cold Chain Monitoring Market by Application, (2019-2028 USD Mn)
10.5.3. Rest of Latin America
10.5.3.1. Rest of Latin America Cold Chain Monitoring Market by Component, (2019-2028 USD Mn)
10.5.3.2. Rest of Latin America Cold Chain Monitoring Market by Logistics, (2019-2028 USD Mn)
10.5.3.3. Rest of Latin America Cold Chain Monitoring Market by Application, (2019-2028 USD Mn)

 

11. Middle East and Africa Cold Chain Monitoring Market Analysis and Forecast, 2019 – 2028 (USD Mn)


11.1. Overview
11.2. MEA Cold Chain Monitoring Market by Component, (2019-2028 USD Mn)
11.3. MEA Cold Chain Monitoring Market by Logistics, (2019-2028 USD Mn)
11.4. MEA Cold Chain Monitoring Market by Application, (2019-2028 USD Mn)
11.5. Middle East and Africa Cold Chain Monitoring Market, by Country, (2019-2028 USD Mn)
11.5.1. GCC
11.5.1.1. GCC Cold Chain Monitoring Market by Component, (2019-2028 USD Mn)
11.5.1.2. GCC Cold Chain Monitoring Market by Logistics, (2019-2028 USD Mn)
11.5.1.3. GCC Cold Chain Monitoring Market by Application, (2019-2028 USD Mn)
11.5.2. South Africa
11.5.2.1. South Africa Cold Chain Monitoring Market by Component, (2019-2028 USD Mn)
11.5.2.2. South Africa Cold Chain Monitoring Market by Logistics, (2019-2028 USD Mn)
11.5.2.3. South Africa Cold Chain Monitoring Market by Application, (2019-2028 USD Mn)
11.5.3. Rest of MEA
11.5.3.1. Rest of MEA Cold Chain Monitoring Market by Component, (2019-2028 USD Mn)
11.5.3.2. Rest of MEA Cold Chain Monitoring Market by Logistics, (2019-2028 USD Mn)
11.5.3.3. Rest of MEA Cold Chain Monitoring Market by Application, (2019-2028 USD Mn)

 

12. Company Profiles


12.1. Orbcomm
12.1.1. Business Description
12.1.2. Financial Health and Budget Allocation
12.1.3. Product Positions/Portfolio
12.1.4. Recent Development
12.1.5. SWOT Analysis
12.2. Sensitech
12.2.1. Business Description
12.2.2. Financial Health and Budget Allocation
12.2.3. Product Positions/Portfolio
12.2.4. Recent Development
12.2.5. SWOT Analysis
12.3. Berlinger & Co.
12.3.1. Business Description
12.3.2. Financial Health and Budget Allocation
12.3.3. Product Positions/Portfolio
12.3.4. Recent Development
12.3.5. SWOT Analysis
12.4. Monnit
12.4.1. Business Description
12.4.2. Financial Health and Budget Allocation
12.4.3. Product Positions/Portfolio
12.4.4. Recent Development
12.4.5. SWOT Analysis
12.5. Controlant
12.5.1. Business Description
12.5.2. Financial Health and Budget Allocation
12.5.3. Product Positions/Portfolio
12.5.4. Recent Development
12.5.5. SWOT Analysis
12.6. Elpro-Buchs
12.6.1. Business Description
12.6.2. Financial Health and Budget Allocation
12.6.3. Product Positions/Portfolio
12.6.4. Recent Development
12.6.5. SWOT Analysis
12.7. Securerf Corporation
12.7.1. Business Description
12.7.2. Financial Health and Budget Allocation
12.7.3. Product Positions/Portfolio
12.7.4. Recent Development
12.7.5. SWOT Analysis
12.8. Savi Technology
12.8.1. Business Description
12.8.2. Financial Health and Budget Allocation
12.8.3. Product Positions/Portfolio
12.8.4. Recent Development
12.8.5. SWOT Analysis
12.9. Zest Labs
12.9.1. Business Description
12.9.2. Financial Health and Budget Allocation
12.9.3. Product Positions/Portfolio
12.9.4. Recent Development
12.9.5. SWOT Analysis
12.10. Infratab
12.10.1. Business Description
12.10.2. Financial Health and Budget Allocation
12.10.3. Product Positions/Portfolio
12.10.4. Recent Development
12.10.5. SWOT Analysis
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