Cold Chain Monitoring Market Size - By Component, Temperature Type, Logistics, End User, Forecast 2023

Description

List of Tables

Cold Chain Monitoring Industry is projected to grow at a CAGR of over 12.5% between 2023 and 2032, driven by the integration of cutting-edge technologies such as Internet of Things (IoT), sensors, and real-time data analytics. In April 2023, Eseye, a pioneer of leading-edge cellular IoT connectivity solutions, announced an innovative collaboration with AmericanPharma Technologies, a leading supplier of pharmaceutical and healthcare environment monitoring solutions, to provide healthcare cold chain monitoring solution PharmaWatch. This will empower businesses to monitor and manage temperature-sensitive goods in transit, ensuring compliance with stringent regulations.

Moreover, growing focus on maintaining the quality and safety of perishable goods during transportation and storage has led to the implementation of stringent regulatory standards. Compliance with these standards, such as Good Distribution Practice (GDP) and Hazard Analysis Critical Control Points (HACCP), has become imperative for companies engaged in the cold chain. The heightened emphasis on adopting comprehensive monitoring solutions that enable businesses to track, record, and report temperature variations and other critical parameters will push market growth.

The worldwide cold chain monitoring industry is segmented on the basis of logistics, component, temperature type, end user, and region.

Frozen segment is expected to witness substantial growth through 2032, owing to escalating demand for the transportation and storage of frozen goods in the food and pharmaceutical sectors. Here, maintaining precise and consistent freezing temperatures is critical for preserving product quality and safety. The emphasis on reliable monitoring solutions that can ensure the integrity of frozen products throughout their journey is favoring the solutions adoption.

Pharmaceutical & healthcare segment is slated to generate notable revenues during 2023-2032, backed by the critical nature of temperature-sensitive medical products. Strict regulations and quality standards set by health authorities necessitate precise control over temperature conditions during the transportation and storage of pharmaceuticals, vaccines, and biologics. The ability to maintain the integrity of healthcare products using cold chain monitoring solutions ensures their efficacy and safety.

Europe cold chain monitoring industry size will record a significant expansion through 2032, favored by the robust infrastructure and strategic geographical positioning. Extensive network of well-developed transportation system facilitates the smooth and efficient movement of temperature-sensitive goods across borders. Moreover, the region's proactive approach towards adopting innovative technologies, including blockchain and AI, in cold chain monitoring systems enhances the overall reliability and transparency of supply chains, contributing to the market growth.

Product Code: 7463

Chapter 1 Methodology & Scope

1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast calculation
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Cold chain monitoring market 360 degree synopsis, 2018 - 2032
2.2 Business trends
- 2.2.1 Total Addressable Market (TAM), 2023 - 2032
2.3 Regional trends
2.4 Component trends
2.5 Temperature type trends
2.6 Logistics trends
2.7 End-user trends

Chapter 3 Cold Chain Monitoring Industry Insights

3.1 Industry ecosystem analysis
3.2 Technology & innovation landscape
3.3 Patent analysis
3.4 Integration with supply chain management
3.5 Technical specifications of cold chain equipment
3.6 Key news and initiatives
- 3.6.1 Partnership/Collaboration
- 3.6.2 Merger/Acquisition
- 3.6.3 Investment
- 3.6.4 Product launch & innovation
3.7 Regulatory landscape
3.8 Impact forces
- 3.8.1 Growth drivers
  - 3.8.1.1 Increasing demand for perishable goods
  - 3.8.1.2 Stringent regulatory requirements imposed on the transportation and storage of temperature-sensitive products
  - 3.8.1.3 Advancements in technology, IoT, and data analytics
  - 3.8.1.4 Increasing focus on food safety and quality
- 3.8.2 Industry pitfalls & challenges
  - 3.8.2.1 Infrastructure challenges in developing regions
  - 3.8.2.2 High implementation costs and complexity
3.9 Growth potential analysis
3.10 Porter's analysis
3.11 PESTEL analysis

Chapter 4 Competitive Landscape, 2022

4.1 Introduction
4.2 Company market share, 2022
4.3 Competitive analysis of major market players, 2022
- 4.3.1 Berlinger & Co. AG
- 4.3.2 Cold Chain Technologies, Inc.
- 4.3.3 Controlant
- 4.3.4 Descartes Systems Group Inc.
- 4.3.5 Digi International Inc.
- 4.3.6 Elpro-Buchs AG
- 4.3.7 Emerson Electric Co.
4.4 Competitive positioning matrix, 2022
4.5 Strategic outlook matrix, 2022

Chapter 5 Cold Chain Monitoring Market Estimates & Forecast, By Component (Revenue)

5.1 Key trends, by component
5.2 Hardware
- 5.2.1 Sensors
- 5.2.2 RFID devices
- 5.2.3 Telematics
- 5.2.4 Networking devices
- 5.2.5 Others
5.3 Software
- 5.3.1 Real-time monitoring
- 5.3.2 Analytics and reporting

Chapter 6 Cold Chain Monitoring Market Estimates & Forecast, By Temperature Type (Revenue)

6.1 Key trends, by temperature type
6.2 Frozen
6.3 Chilled

Chapter 7 Cold Chain Monitoring Market Estimates & Forecast, By Logistics (Revenue)

7.1 Key trends, by logistics
7.2 Storage
7.3 Transportation

Chapter 8 Cold Chain Monitoring Market Estimates & Forecast, By End-User (Revenue)

8.1 Key trends, by end-user
8.2 Pharmaceutical & healthcare
8.3 Food & beverage
8.4 Logistics & distribution
8.5 Chemical
8.6 Others

Chapter 9 Cold Chain Monitoring Market Estimates & Forecast, By Region (Revenue)

9.1 Key trends, by region
9.2 North America
- 9.2.1 U.S.
- 9.2.2 Canada
9.3 Europe
- 9.3.1 UK
- 9.3.2 Germany
- 9.3.3 France
- 9.3.4 Italy
- 9.3.5 Spain
- 9.3.6 Nordics
9.4 Asia Pacific
- 9.4.1 China
- 9.4.2 India
- 9.4.3 Japan
- 9.4.4 Australia
- 9.4.5 South Korea
- 9.4.6 Southeast Asia
9.5 Latin America
- 9.5.1 Brazil
- 9.5.2 Mexico
- 9.5.3 Argentina
9.6 MEA
- 9.6.1 UAE
- 9.6.2 South Africa
- 9.6.3 Saudi Arabia

Chapter 10 Company Profiles

10.1 Berlinger & Co. AG
10.2 Cold Chain Technologies, Inc.
10.3 Controlant
10.4 Descartes Systems Group Inc.
10.5 Digi International Inc.
10.6 Elpro-Buchs AG
10.7 Emerson Electric Co.
10.8 Honeywell International Inc.
10.9 Infratab Inc.
10.10 Monnit Corporation
10.11 ORBCOMM Inc.
10.12 Roambee Corporation
10.13 Sensitech Inc. (A Carrier Company)
10.14 Swisslog Holding AG (Acquired by KUKA AG)
10.15 Testo SE & Co. KGaA