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Cold Chain Monitoring Market Share

Report ID: GMI7463
Published Date: Nov 2023
Report Format: PDF

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Cold Chain Monitoring Market Share

Major companies operating in the cold chain monitoring industry are:

Berlinger & Co. AG
Cold Chain Technologies, Inc.
Controlant
Descartes Systems Group Inc.
Digi International Inc.
Elpro-Buchs AG
Emerson Electric Co.
Honeywell International Inc.
Infratab Inc.
Monnit Corporation
ORBCOMM Inc.

Emerson Electric Co. and Descartes Systems Group Inc. are prominent players in cold chain monitoring market. These companies are strengthening their presence through strategic measures such as technology collaborations, acquisitions, and product innovations. Emphasis on real-time data analytics, IoT integration, and partnerships with logistics providers enhances operational efficiency and ensures a competitive edge in the evolving market landscape.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of cold chain monitoring reached USD 5.1 billion in 2022 and is set to expand at over 12.5% CAGR from 2023 to 2032, propelled by the increasing global demand for perishable goods, including pharmaceuticals, food and beverages, and other temperature-sensitive items.

The hardware segment is set to witness 11% CAGR from 2023-2032, owing to the rising adoption of cutting-edge technologies for ensuring the integrity of temperature-sensitive products.

North America market accounted for more than over 37% of the revenue share in 2022, attributed to the booming demand for fresh and frozen food products coupled with the rise in e-commerce.

Some major cold chain monitoring companies are Berlinger & Co. AG, Cold Chain Technologies, Inc., Controlant, Descartes Systems Group Inc., Digi International Inc., Elpro-Buchs AG, Emerson Electric Co., Honeywell International Inc., Infratab Inc., Monnit Corporation, and ORBCOMM Inc.