Cold Chain Monitoring Market by Offering (Hardware and Software), Logistics (Storage and Transportation), Application (Pharmaceuticals & Healthcare, Chemicals), Temperature, and Region (2021-2026)
[231 Pages Report] The Cold chain monitoring market is expected to grow at a CAGR of 16.6 %, from USD 4.7 billion in 2021 to USD 10.2 billion in 2026.
The primary reasons for this rise in demand for cold chain monitoring products in pharmaceuticals & healthcare application.
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COVID-19 impact on global Cold chain monitoring market, in 2021
The pandemic hit the global economy at large during the start of 2020 and has created unprecedented turmoil and change for individuals and organizations across the world. The pandemic has led to the closure of workplaces, restrictions on travel, and the creation of the work-from-home option for almost all employees, which has created challenges for businesses to operate. In the realistic approach, it has been assumed that the first three-quarters of FY 20–21 have witnessed low growth in the cold chain monitoring market, followed by a steady recovery during the last quarter of FY 20–21. In the most realistic scenario, the cold chain monitoring market is expected to grow at a CAGR of 11.6% during 2021–2026. The market is expected to witness a single-digit growth in FY 20–21 due to the COVID-19 pandemic.
Cold Chain Monitoring Market Dynamics
Driver: Increasing global demand for temperature sensitive-drugs
There is an increase in demand for temperature-sensitive drugs such as vaccines and products that are dependent on particular temperature ranges for chemical stability. According to the International Institute of Refrigeration (IIR), the demand for heat-sensitive health products such as drugs, vaccines, insulin, derived blood products, and oncology products is rising globally every year. Hence, the transportation of these drugs is the most critical phase in the cold chain due to the possibility of unforeseen environmental variations. Any change in temperature during transportation can affect the medicines, losing their potency to cure the ailments they are meant for, thereby leading to ineffective treatment in many cases. To avoid the degradation of any pharmaceutical product, it is crucial to maintain parameters with respect to the product-specific environment, including air quality levels and temperature ranges. Further, providing end-to-end visibility and condition monitoring at the packaging stage of the products throughout the pharma supply chain operation is of utmost importance. As manufactured drugs contain high-value active ingredients that have a shorter shelf life and strict temperature requirements, the need for temperature control and monitoring through the entire supply chain has increased. Therefore, temperature-sensitive pharma products require cold chain monitoring solutions. Cold chain monitoring and tracking refer to controlling devices equipped with sensors that ensure the transportation of temperature-sensitive products at a given temperature range, that is, between 2 and 8°C.
Restraint: High cost of implementation
The installation cost of cold chain monitoring systems is significantly high. Deploying sensors and putting the connectivity network in place requires a high cost. Shipping high-value consignments over long distances within their prescribed temperature range require a huge investment. Therefore, companies involved in cold storage and cold transportation remain skeptical about spending on developing monitoring networks. Cost is the major hindering factor to introducing real-time cold chain monitoring systems, particularly for small- and medium-sized players, and many participants in the food industry are SMEs, which are often operating on lean margins. The massive size of the cold chain market requires high investments in cold chain monitoring solutions. These solutions are of two types: active refrigeration systems and passive cooling devices. Although passive cooling solutions may seem basic, the cost for setting up the cold chain is quite high. Large-scale players involved in the cold chain network can spend the necessary amount and get the benefit from the increased reliability over a much shorter timeframe. However, smaller players generally refrain from spending on such monitoring devices as they cannot recover their money. The impact of this restraint is high. The high cost of cold chain monitoring solutions would be holding back the growth of the cold chain monitoring market.
Opportunity: Better control of assets in warehouses using automation and cold storage technologies
A large warehouse witnesses different temperature zones. Hence, continuous temperature monitoring is essential to check the temperature at which goods are stored and the actual condition of these goods. For the best utilization of warehouses, complete control over valuable equipment can be achieved by the adoption of automation, including the use of robotic equipment to carry out inter-warehouse stock movements and loading and unloading activities. Warehouse automation aids efficient storage space utilization, reduces wear and tear, increases reliability, and reduces operating costs. Real-time visibility about shipment location, temperature, humidity, and other environmental factors enables manufacturers and distributors to take faster preventive actions, thereby reducing the risk of spoilage or contamination. Maintaining temperature at an optimum level, coupled with efficient energy management, that is, the use of automated storage and retrieval systems (ASRS), can reduce warehouse energy costs from 35 to 50% as automated warehouses offer more storage in less refrigerated space. The long-term storage of frozen foods and other perishable consumer products is one of the largest problems in the cold storage supply chain. By automating processes such as stock rotation, monitoring goods in transit, transport, and location management processes, warehouses can ensure that they are always distributing fresh items. RFID chips and scanners track expiry dates, and automated picking systems can locate these expired goods for separation and disposal. Several kinds of medicines, vaccines, and various types of farm products such as fruits, vegetables, and eggs are preserved at constant temperatures due to their sensitive nature as they are prone to spoilage during transport and storage due to physical wear and tear. Contamination and spoilage can cause substantial losses. Thus, automation in warehouses can reduce such losses.
Challenge: Complexities involved in the installation and monitoring of cold chain monitoring solutions
Cold chain monitoring has become even more complex in recent years because of the rapid increase in customer expectations. Globalization has increased customer choices and the complexity of multi-sourcing supply chains. Cold chain networks can be spread out in terms of area as they can extend from manufacturing plants, laboratories, and storage warehouses to various transportation modes and end users such as retail chains and restaurants. Installing various sensors across all these locations can be a daunting task. Additionally, the distributed network needs to be mapped to efficiently manage the data generated from these sensors. Further, this data has to be analyzed, and actionable data has to be generated to maximize the profit. It is generally difficult to map such a vast network and derive useful data from it. Hence, issues such as scale visualization, error type pinpointing, and the formulation of responses could prove to be challenging.
Sensors, data loggers, and other devices need to be calibrated for specific applications as per their requirements. Networking devices are also required to provide ample connectivity support in various locations, thereby increasing the burden on installation service providers in the cold chain monitoring market. The market players need to overcome these challenges to provide better monitoring services across cold chains.
The market for NIR & SWIR to grow at the highest CAGR Cold chain monitoring market, by verticals, in 2026
Near-infrared light is referred to as light within the wavenumber range of 12,500–4,000 cm (wavelength from 800 to 2,500 nm). The near-infrared (NIR) spectrum typically ranges from 0.7 to 1.0 ìm. The absorption of near-infrared light is based on the vibration of the material. However, it is much weaker in intensity as compared to the mid-infrared light absorption as it is based on overtones and combined tones in the mid-infrared light region. Therefore, the measurement of samples featuring weak absorption is difficult, but the fact that samples can be measured without being diluted is an advantage.
Short-wave infrared typically (SWIR) ranges from 1 ìm to 3 ìm. It is also known as reflected infrared. Infrared radiation coming from a light source is reflected by an object in a way similar to radiation in the visible range. MWIR and LWIR lights are emitted from the objects. SWIR is similar to visible light, where photons are reflected or absorbed by an object, providing the strong contrast required for high-resolution imaging. Indium gallium arsenide (InGaAs) and mercury cadmium telluride (MCT) detectors are the popular cold chain monitorings sensitive in NIR and SWIR ranges. InGaAs detectors have high sensitivity in the 0.9–1.7 ìm part of the spectrum, and HgCdTe detectors are sensitive in the 0.8–2.5 ìm part of the spectrum. Likewise, silicon cold chain monitorings are available in the cold chain monitoring market that operate in NIR and SWIR bands. Some of the prominent manufacturers of NIR and SWIR detectors are Excelitas Technologies (US), Hamamatsu Photonics (Japan), FLIR Systems (US), and Lynred (France).
The market for the cooled cold chain monitorings to grow at the highest CAGR during the forecast period
Cold chain monitorings made using materials such as mercury cadmium telluride (HgCdTe) and indium antimonide (InSb) require mechanical cooling to increase their signal-to-noise ratio to usable levels. Indium gallium arsenide (InGaAs)-based detectors exhibit sensitivity similar to that of HgCdTe- and InSb-based detectors at room temperature; however, they can be cooled to increase their sensitivity. The cooled cold chain monitorings are usually cooled thermoelectrically or cryogenically. In some cases, liquid nitrogen is also used for the cooling of detectors. Cooling decreases the temperature of the detector, allowing it to reduce thermally induced noise to a minimal level and improving its performance. However, cooled cold chain monitorings are more expensive than uncooled ones, which restricts their mass adoption. Cooled cold chain monitorings find applications in scientific research, astronomy, security and surveillance, and spectroscopy, among others, where high accuracy is of utmost importance.
Cold chain monitorings operating in the near-infrared (NIR) and long-wave infrared (LWIR) spectral ranges mostly do not require cooling. InGaAs detectors are uncooled, but some companies offer cooled InGaAs detectors for increasing their sensitivity. Cooled cold chain monitorings generally operate in the mid-wave infrared (MWIR) spectral range.
Americas to hold the largest share of Cold chain monitoring market in 2020
North America is the largest market for cold chain monitoring in the Americas at present and is likely to exhibit a similar trend during the forecast period. Increasing demand for chilled and frozen food products in North American countries is likely to trigger the demand for cold chain monitoring solutions in the region. Cold chain monitoring infrastructure includes refrigerated storage and refrigerated transport. The escalating demand for dairy products, vegetables, and fruits is increasing the imports, as well as exports of exotic vegetables and fruits and dairy products, which is also boosting the demand for cold chain monitoring solutions. According to the United Nations COMTRADE database, in 2012, North America was one of the largest exporters and importers of perishable food, including meat, fish, and seafood, across the world. It was also the largest importer of fruits and vegetables. The pharmaceutical and healthcare industries also have noteworthy contributions toward the cold chain monitoring market growth in the region. The pharmaceutical industry is subject to stringent regulations aimed at ensuring safety and good storage and distribution practices. Stringent government regulations toward food safety and Global Cold Chain Alliance (GCCA) initiatives help shape the environment in this region, which indirectly impacts the cold chain monitoring market.
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Key Players:
A few key cold chain monitoring market players are ORBCOMM (US), Sensitech (US), Elpro-buchs (Switzerland), Berlinger & Co. (Switzerland), Monnit (US), and Controlant (Iceland) are among a few key players in this market.
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|
Report Metric |
Details |
|
Market size available for years |
2017–2026 |
|
Base year considered |
2020 |
|
Forecast period |
2021–2026 |
|
Forecast units |
USD 10,174 Million |
|
Segments covered |
By Offerings, by Logistics, by application, and by Temperature |
|
Geographies covered |
Asia Pacific, Europe, Americas |
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Companies covered |
ORBCOMM, Sensitech, Elpro-Buchs, Monnit and Berlinger & Co. |
This research report categorizes the Cold chain monitoring market based on temperature type, offering, logistics, and region.
Cold Chain Monitoring Market, By Temperature Type
- Frozen
- Chilled
Cold Chain Monitoring Market, By Offering
- Hardware
- Software
Cold Chain Monitoring Market, By Logistics
- Storage
- Transportation
Cold Chain Monitoring Market, By Geography
- North America
- US
- Canada
- Mexico
- South America
- Argentina
- Brazil
- Europe
- UK
- Germany
- France
- Italy
- Netherlands
- Spain
- Rest of Europe
- Asia Pacific (APAC)
- China
- Japan
- India
- South Korea
- Australia
- Rest of APAC
- Rest of the World (RoW)
- Middle East
- Saudi Arabia
- UAE
- Africa
- Middle East
Recent Developments
- In November 2019, Orbcomm launched the new reefer connect and vessel connect platforms, which have been extended to manage the intermodal industry and energy-efficient controlled atmosphere technology-based containers.
- In July 2021, Prime Inc, which is the largest refrigerated fleet in North America, began the retrofit of their refrigerated trailers with ORBCOMM’s next-generation refrigerated monitoring solution.
The latest refrigerated monitoring solution is being used to track the location and temperature of the freights.
- In February 2021, Sensitech Inc. (US) launched new products, TempTale GEO Ultra and its Dry Ice variant. Both the monitors are linked with ColdStream Select. Unlike TempTale GEO Ultra, its Dry Ice variant can monitor -95◦C to +55◦C temperature range. As the products include an alkaline non-lithium battery, there is no requirement of IATA (international air transport association) dangerous goods label. These monitors are applicable in cold chain monitoring in the food and life science industries.
Frequently Asked Questions (FAQ):
What is current size of global Cold chain monitoring market?
The global Cold chain monitoring market is estimated to be around USD 4.7 billion in 2021 and projected to reach USD 10.2 billion by 2026 at a CAGR of 16.6%.
What is COVID-19 impact on global Cold chain monitoring market?
The global lockdowns and shutdowns have indirectly affected the cold chain monitoring market. It is expected that it will take approximately 2–3 years for all the process industries to recover from the adverse effect of the pandemic and another 1–2 years for the market to recover with an organized supply and demand chain. In this scenario, it is assumed that all measures, both health and economic, would neither help control the spread of the virus nor lead to economic recovery. Most economies would experience an unprecedented economic loss, social and political turmoil recession until the third quarter of 2021, and modest recovery starting in Q4 of 2021. This is likely to be an L-shaped economic recovery, with countries taking longer to return to their pre-crisis levels. The cold chain monitoring market is expected to recover at a gradual pace in the coming 2–3 years and at an accelerated pace thereafter.
Where will all these developments take the industry in the mid-to-long term?
Technology will continue to play a critical role in the Cold chain monitoring ecosystem. Key players operating in the Cold chain monitoring marketplace are integrating emerging technologies within their existing ecosystem, which has helped to improve Cold chain monitoring services.
Who are the winners of global Cold chain monitoring market?
Companies such as ORBCOMM (US), Sensitech (US), Elpro-buchs (Switzerland), Berlinger & Co. (Switzerland), Monnit (US), and Controlant (Iceland) are among a few key players in this market.
What are some features of cold chain monitoring?
A cold chain is a supply chain for the storage, transportation, and preservation of foods, beverages, pharmaceuticals, and chemicals that must be kept at a specific temperature or within an acceptable temperature range during all stages from production to consumption. Cold chain monitoring solutions include hardware and software components used for the monitoring of environmental parameters such as temperature and humidity. The hardware components used are sensors, data loggers, data transmitters, telematics & telemetry devices, and data acquisition systems and analytics. .
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TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 26)
1.1 STUDY OBJECTIVES
1.2 DEFINITION AND SCOPE
1.2.1 COLD CHAIN MONITORING MARKET: INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 COLD CHAIN MONITORING MARKET SEGMENTATION
1.3.2 GEOGRAPHIC SCOPE
1.3.3 YEARS CONSIDERED
1.4 CURRENCY AND UNIT
1.5 LIMITATIONS
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY (Page No. - 31)
2.1 RESEARCH DATA
FIGURE 2 COLD CHAIN MONITORING MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Major secondary sources
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Breakdown of primaries
2.1.3 SECONDARY AND PRIMARY RESEARCH
2.1.3.1 Key data from primary sources
2.1.3.2 Key industry insights
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (DEMAND SIDE)—BOTTOM-UP ESTIMATION OF COLD CHAIN MONITORING MARKET, BY OFFERING
2.2.2 APPROACH FOR ESTIMATING MARKET SIZE BY BOTTOM-UP ANALYSIS
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.2.3 TOP-DOWN APPROACH
2.2.4 APPROACH FOR ESTIMATING MARKET SIZE BY TOP-DOWN ANALYSIS
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY [APPROACH 2 (SUPPLY SIDE)]: REVENUE GENERATED BY COMPANIES IN COLD CHAIN MONITORING MARKET
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY [APPROACH 2 (SUPPLY SIDE)]: ILLUSTRATION OF REVENUE ESTIMATION FOR ONE COMPANY IN COLD CHAIN MONITORING MARKET
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.2.5 MARKET PROJECTIONS
TABLE 1 MARKET GROWTH ASSUMPTIONS
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 8 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
2.4.1 ASSUMPTIONS
2.5 LIMITATIONS
2.6 RISK ASSESSMENT
3 EXECUTIVE SUMMARY (Page No. - 44)
3.1 COLD CHAIN MONITORING MARKET: PRE-COVID-19 AND POST-COVID-19 SCENARIO ANALYSIS
FIGURE 9 COLD CHAIN MONITORING MARKET: OPTIMISTIC, REALISTIC, AND PESSIMISTIC SCENARIO ANALYSIS (2017–2026)
3.1.1 COLD CHAIN MONITORING MARKET: REALISTIC SCENARIO
3.1.2 COLD CHAIN MONITORING MARKET: OPTIMISTIC SCENARIO
3.1.3 COLD CHAIN MONITORING MARKET: PESSIMISTIC SCENARIO
FIGURE 10 HARDWARE SEGMENT TO HOLD LARGER SIZE OF COLD CHAIN MONITORING MARKET IN 2026
FIGURE 11 PHARMACEUTICALS & HEALTHCARE APPLICATION TO HOLD LARGEST SIZE OF COLD CHAIN MONITORING MARKET IN 2026
FIGURE 12 STORAGE SEGMENT TO HOLD LARGER SHARE OF COLD CHAIN MONITORING MARKET, BY LOGISTICS, DURING FORECAST PERIOD
FIGURE 13 COLD CHAIN MONITORING MARKET IN APAC TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
4 PREMIUM INSIGHTS (Page No. - 49)
4.1 ATTRACTIVE OPPORTUNITIES IN COLD CHAIN MONITORING MARKET
FIGURE 14 RISING DEMAND FOR BETTER FOOD QUALITY TO PROPEL COLD CHAIN MONITORING MARKET GROWTH FROM 2021 TO 2026
4.2 COLD CHAIN MONITORING MARKET, BY OFFERING
FIGURE 15 SOFTWARE SEGMENT TO WITNESS HIGHER CAGR IN COLD CHAIN MONITORING MARKET DURING FORECAST PERIOD
4.3 COLD CHAIN MONITORING MARKET, BY LOGISTICS
FIGURE 16 TRANSPORTATION SEGMENT TO EXHIBIT HIGHER CAGR IN COLD CHAIN MONITORING MARKET DURING FORECAST PERIOD
4.4 COLD CHAIN MONITORING MARKET, BY APPLICATION
FIGURE 17 PHARMACEUTICALS & HEALTHCARE APPLICATION TO GROW AT HIGHEST CAGR IN COLD CHAIN MONITORING MARKET DURING FORECAST PERIOD
4.5 COLD CHAIN MONITORING MARKET, BY TEMPERATURE TYPE
FIGURE 18 CHILLED TEMPERATURE TYPE SEGMENT TO EXHIBIT HIGHER CAGR IN COLD CHAIN MONITORING MARKET DURING FORECAST PERIOD
4.6 COLD CHAIN MONITORING MARKET, BY APPLICATION AND REGION
FIGURE 19 AMERICAS AND PHARMACEUTICALS & HEALTHCARE TO HOLD LARGEST SHARE IN COLD CHAIN MONITORING MARKET IN 2021
4.7 COLD CHAIN MONITORING MARKET, BY GEOGRAPHY
FIGURE 20 APAC TO BE FASTEST-GROWING MARKET FOR COLD CHAIN MONITORING SOLUTIONS DURING FORECAST PERIOD
5 MARKET OVERVIEW (Page No. - 53)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 21 RISING DEMAND FOR BETTER FOOD QUALITY AND INCREASING GLOBAL DEMAND FOR TEMPERATURE-SENSITIVE DRUGS ARE THE MAJOR DRIVERS FOR THE COLD CHAIN MONITORING MARKET
5.2.1 DRIVERS
5.2.1.1 Increasing global demand for temperature-sensitive drugs
5.2.1.2 Rising demand for better food quality and need to reduce food wastage
5.2.1.3 Surging demand for generic drugs owing to higher accessibility
5.2.1.4 Growing government focus on issuing policies impacting supply chain efficiency of fast-growing pharmaceuticals sector in Europe and North America
FIGURE 22 DRIVERS AND THEIR IMPACT ON COLD CHAIN MONITORING MARKET
5.2.2 RESTRAINTS
5.2.2.1 High cost of implementation
5.2.2.2 Environmental concerns regarding greenhouse gas emissions
FIGURE 23 RESTRAINTS AND THEIR IMPACT ON COLD CHAIN MONITORING MARKET
5.2.3 OPPORTUNITIES
5.2.3.1 Better control of assets in warehouses using automation and cold storage technologies
5.2.3.2 Availability of cold chain logistics in developing countries
FIGURE 24 OPPORTUNITIES AND THEIR IMPACT ON COLD CHAIN MONITORING MARKET
5.2.4 CHALLENGES
5.2.4.1 Complexities involved in installation and monitoring of cold chain monitoring solutions
FIGURE 25 CHALLENGES AND THEIR IMPACT ON COLD CHAIN MONITORING MARKET
5.3 IMPACT OF COVID-19 ON COLD CHAIN MONITORING MARKET
6 INDUSTRY TRENDS (Page No. - 61)
6.1 INTRODUCTION
6.2 VALUE CHAIN ANALYSIS
FIGURE 26 COLD CHAIN MONITORING MARKET: VALUE CHAIN ANALYSIS
6.2.1 RESEARCH AND PRODUCT DEVELOPMENT
6.2.2 COMPONENT MANUFACTURING AND SYSTEM INTEGRATION
6.2.3 DISTRIBUTORS
6.2.4 END-USER INDUSTRIES
6.2.5 POST-SALES SERVICES
6.3 PORTER’S FIVE FORCES ANALYSIS
TABLE 2 COLD CHAIN MONITORING MARKET: PORTER’S FIVE FORCES ANALYSIS
FIGURE 27 COLD CHAIN MONITORING MARKET: PORTER’S FIVE FORCES ANALYSIS
6.3.1 INTENSITY OF COMPETITIVE RIVALRY
6.3.2 BARGAINING POWER OF SUPPLIERS
6.3.3 BARGAINING POWER OF BUYERS
6.3.4 THREAT OF SUBSTITUTES
6.3.5 THREAT OF NEW ENTRANTS
6.4 TRADE ANALYSIS
6.4.1 EXPORTS SCENARIO
FIGURE 28 COUNTRY-WISE EXPORTS DATA FOR REFRIGERATORS, FREEZERS, AND OTHER REFRIGERATING OR FREEZING EQUIPMENT UNDER HS CODE: 8418, 2016–2020 (USD MILLION)
6.4.2 IMPORTS SCENARIO
FIGURE 29 COUNTRY-WISE IMPORTS DATA FOR REFRIGERATORS, FREEZERS, AND OTHER REFRIGERATING OR FREEZING EQUIPMENT UNDER HS CODE: 8418, 2016–2020 (USD MILLION)
6.5 KEY INDUSTRY TRENDS
6.5.1 DIGITAL TRANSFORMATION IN COLD CHAIN MONITORING
FIGURE 30 DIGITAL TRANSFORMATION IN COLD CHAIN MONITORING—LEADING TREND AMONG KEY MARKET PLAYERS
6.6 TECHNOLOGY ANALYSIS
6.6.1 ADVANCED ANALYTICS AND DATA AGGREGATION TECHNOLOGIES
6.6.2 IOT
6.6.3 RADIO FREQUENCY IDENTIFICATION
6.6.4 TELEMATICS
6.6.5 ARTIFICIAL INTELLIGENCE AND MACHINE LEARNING
6.7 ECOSYSTEM
FIGURE 31 COLD CHAIN MONITORING MARKET: ECOSYSTEM
6.8 PATENTS ANALYSIS
TABLE 3 SOME KEY PATENTS RELATED TO COLD CHAIN MONITORING MARKET
FIGURE 32 PATENTS RELATED TO COLD CHAIN MONITORING GRANTED BETWEEN 2010 AND 2019
FIGURE 33 TOP 10 COMPANIES WITH HIGHEST NO. OF PATENT APPLICATIONS DURING 2010–2020
6.9 USE CASES
6.9.1 PHARMACEUTICALS & HEALTHCARE
6.9.2 FOOD & BEVERAGES
6.9.3 CHEMICALS
6.10 REGULATIONS PERTAINING TO COLD CHAIN MONITORING MARKET
6.10.1 POSITIVE IMPACT OF REGULATIONS ON COLD CHAIN MONITORING MARKET
6.10.2 NEGATIVE IMPACT OF REGULATIONS ON COLD CHAIN MONITORING MARKET
6.10.3 REGULATIONS AND STANDARDS
6.10.3.1 Regulations and standards by World Health Organization
6.10.3.2 Regulations and standards in various European countries
6.11 AVERAGE SELLING PRICE TRENDS
FIGURE 34 AVERAGE SELLING PRICES OF SENSORS USED IN COLD CHAIN MONITORING SOLUTIONS
6.12 TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS
FIGURE 35 SHIFT IN CLIENTS’ REVENUES WITH EXTENDED LENS ON FOOD & BEVERAGES, PHARMACEUTICALS & HEALTHCARE, AND CHEMICALS
7 COLD CHAIN MONITORING MARKET, BY TEMPERATURE TYPE (Page No. - 80)
7.1 INTRODUCTION
FIGURE 36 COLD CHAIN MONITORING MARKET, BY TEMPERATURE TYPE
FIGURE 37 FROZEN SEGMENT TO DOMINATE COLD CHAIN MONITORING MARKET DURING FORECAST PERIOD
TABLE 4 COLD CHAIN MONITORING MARKET, BY TEMPERATURE TYPE, 2017–2020 (USD MILLION)
TABLE 5 COLD CHAIN MONITORING MARKET, BY TEMPERATURE TYPE, 2021–2026 (USD MILLION)
7.2 FROZEN
7.2.1 FROZEN SEGMENT TO CONTINUE TO HOLD LARGER SHARE OF COLD CHAIN MONITORING MARKET DURING FORECAST PERIOD
7.3 CHILLED
7.3.1 CHILLED SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
8 COLD CHAIN MONITORING MARKET, BY OFFERING (Page No. - 83)
8.1 INTRODUCTION
FIGURE 38 COLD CHAIN MONITORING MARKET, BY OFFERING
FIGURE 39 COLD CHAIN MONITORING SOFTWARE MARKET IS EXPECTED TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
TABLE 6 COLD CHAIN MONITORING MARKET, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 7 COLD CHAIN MONITORING MARKET, BY OFFERING, 2021–2026 (USD MILLION)
8.2 HARDWARE
TABLE 8 COLD CHAIN MONITORING MARKET, BY HARDWARE, 2017–2020 (USD MILLION)
TABLE 9 COLD CHAIN MONITORING MARKET, BY HARDWARE, 2021–2026 (USD MILLION)
TABLE 10 COLD CHAIN MONITORING HARDWARE MARKET IN AMERICAS, BY REGION, 2017–2020 (USD MILLION)
TABLE 11 COLD CHAIN MONITORING HARDWARE MARKET IN AMERICAS, BY REGION, 2021–2026 (USD MILLION)
TABLE 12 COLD CHAIN MONITORING HARDWARE MARKET IN NORTH AMERICA, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 13 COLD CHAIN MONITORING HARDWARE MARKET IN NORTH AMERICA, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 14 COLD CHAIN MONITORING HARDWARE MARKET IN EUROPE, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 15 COLD CHAIN MONITORING HARDWARE MARKET IN EUROPE, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 16 COLD CHAIN MONITORING HARDWARE MARKET IN APAC, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 17 COLD CHAIN MONITORING HARDWARE MARKET IN APAC, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 18 COLD CHAIN MONITORING HARDWARE MARKET IN ROW, BY REGION, 2017–2020 (USD MILLION)
TABLE 19 COLD CHAIN MONITORING HARDWARE MARKET IN ROW, BY REGION, 2021–2026 (USD MILLION)
8.2.1 SENSORS AND DATA LOGGERS
8.2.1.1 Sensors and data loggers are increasingly being used to gather real-time data across pharmaceuticals industry
TABLE 20 COLD CHAIN MONITORING SENSORS AND DATA LOGGERS MARKET, BY LOGISTICS, 2017–2020 (USD MILLION)
TABLE 21 COLD CHAIN MONITORING SENSORS AND DATA LOGGERS MARKET, BY LOGISTICS, 2021–2026 (USD MILLION)
TABLE 22 COLD CHAIN MONITORING SENSORS AND DATA LOGGERS MARKET, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 23 COLD CHAIN MONITORING SENSORS AND DATA LOGGERS MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 24 COLD CHAIN MONITORING SENSORS AND DATA LOGGERS MARKET FOR PHARMACEUTICALS & HEALTHCARE, BY TYPE, 2017–2020 (USD MILLION)
TABLE 25 COLD CHAIN MONITORING SENSORS AND DATA LOGGERS MARKET FOR PHARMACEUTICALS & HEALTHCARE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 26 COLD CHAIN MONITORING SENSORS AND DATA LOGGERS MARKET FOR FOOD & BEVERAGES, BY TYPE, 2017–2020 (USD MILLION)
TABLE 27 COLD CHAIN MONITORING SENSORS AND DATA LOGGERS MARKET FOR FOOD & BEVERAGES, BY TYPE, 2021–2026 (USD MILLION)
8.2.2 RFID DEVICES
8.2.2.1 High demand for RFID tags in large warehouses is likely to drive cold chain monitoring market during forecast period
TABLE 28 COLD CHAIN MONITORING MARKET FOR RFID DEVICES, BY LOGISTICS, 2017–2020 (USD MILLION)
TABLE 29 COLD CHAIN MONITORING MARKET FOR RFID DEVICES, BY LOGISTICS, 2021–2026 (USD MILLION)
TABLE 30 COLD CHAIN MONITORING MARKET FOR RFID DEVICES, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 31 COLD CHAIN MONITORING MARKET FOR RFID DEVICES, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 32 RFID DEVICES MARKET FOR PHARMACEUTICALS & HEALTHCARE, BY TYPE, 2017–2020 (USD MILLION)
TABLE 33 RFID DEVICES MARKET FOR PHARMACEUTICALS & HEALTHCARE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 34 RFID DEVICES MARKET FOR FOOD & BEVERAGES, BY TYPE, 2017–2020 (USD MILLION)
TABLE 35 RFID DEVICES MARKET FOR FOOD & BEVERAGES, BY TYPE, 2021–2026 (USD MILLION)
8.2.3 TELEMATICS & TELEMETRY DEVICES
8.2.3.1 Rising need for efficient telematics support to track food products in food & beverages industry drives demand for telematics & telemetry devices
TABLE 36 COLD CHAIN MONITORING MARKET FOR TELEMATICS & TELEMETRY DEVICES, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 37 COLD CHAIN MONITORING MARKET FOR TELEMATICS & TELEMETRY DEVICES, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 38 TELEMATICS & TELEMETRY DEVICES MARKET FOR PHARMACEUTICALS & HEALTHCARE, BY TYPE, 2017–2020 (USD MILLION)
TABLE 39 TELEMATICS & TELEMETRY DEVICES MARKET FOR PHARMACEUTICALS & HEALTHCARE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 40 TELEMATICS & TELEMETRY DEVICES MARKET FOR FOOD & BEVERAGES, BY TYPE, 2017–2020 (USD MILLION)
TABLE 41 TELEMATICS & TELEMETRY DEVICES MARKET FOR FOOD & BEVERAGES, BY TYPE, 2021–2026 (USD MILLION)
8.2.4 NETWORKING DEVICES
8.2.4.1 Growth of networking devices in cold chain monitoring market is attributed to growing internationalization of pharmaceuticals supply chain
TABLE 42 COLD CHAIN MONITORING MARKET FOR NETWORKING DEVICES, BY LOGISTICS, 2017–2020 (USD MILLION)
TABLE 43 COLD CHAIN MONITORING MARKET FOR NETWORKING DEVICES, BY LOGISTICS, 2021–2026 (USD MILLION)
TABLE 44 COLD CHAIN MONITORING MARKET FOR NETWORKING DEVICES, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 45 COLD CHAIN MONITORING MARKET FOR NETWORKING DEVICES, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 46 NETWORKING DEVICES MARKET FOR PHARMACEUTICALS & HEALTHCARE, BY TYPE, 2017–2020 (USD MILLION)
TABLE 47 NETWORKING DEVICES MARKET FOR PHARMACEUTICALS & HEALTHCARE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 48 NETWORKING DEVICES MARKET FOR FOOD & BEVERAGES, BY TYPE, 2017–2020 (USD MILLION)
TABLE 49 NETWORKING DEVICES MARKET FOR FOOD & BEVERAGES, BY TYPE, 2021–2026 (USD MILLION)
8.3 SOFTWARE
TABLE 50 COLD CHAIN MONITORING SOFTWARE MARKET, BY LOGISTICS, 2017–2020 (USD MILLION)
TABLE 51 COLD CHAIN MONITORING SOFTWARE MARKET, BY LOGISTICS, 2021–2026 (USD MILLION)
TABLE 52 COLD CHAIN MONITORING SOFTWARE MARKET IN AMERICAS, BY REGION, 2017–2020 (USD MILLION)
TABLE 53 COLD CHAIN MONITORING SOFTWARE MARKET IN AMERICAS, BY REGION, 2021–2026 (USD MILLION)
TABLE 54 COLD CHAIN MONITORING SOFTWARE MARKET IN NORTH AMERICA, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 55 COLD CHAIN MONITORING SOFTWARE MARKET IN NORTH AMERICA, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 56 COLD CHAIN MONITORING SOFTWARE MARKET IN EUROPE, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 57 COLD CHAIN MONITORING SOFTWARE MARKET IN EUROPE, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 58 COLD CHAIN MONITORING SOFTWARE MARKET IN APAC, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 59 COLD CHAIN MONITORING SOFTWARE MARKET IN APAC, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 60 COLD CHAIN MONITORING SOFTWARE MARKET IN ROW, BY REGION, 2017–2020 (USD MILLION)
TABLE 61 COLD CHAIN MONITORING SOFTWARE MARKET IN ROW, BY REGION, 2021–2026 (USD MILLION)
8.3.1 ON-PREMISES
8.3.1.1 On-premises deployment is suitable for localized cold chain monitoring
8.3.2 CLOUD-BASED
8.3.2.1 Market for cloud-based deployment type is expected to grow at higher CAGR during forecast period
9 COLD CHAIN MONITORING MARKET, BY LOGISTICS (Page No. - 106)
9.1 INTRODUCTION
FIGURE 40 COLD CHAIN MONITORING MARKET, BY LOGISTICS
TABLE 62 COLD CHAIN MONITORING MARKET, BY LOGISTICS, 2017–2020 (USD MILLION)
TABLE 63 COLD CHAIN MONITORING MARKET, BY LOGISTICS, 2021–2026 (USD MILLION)
9.2 STORAGE
9.2.1 WAREHOUSES
9.2.1.1 Use of warehouses is expected to rise during forecast period
9.2.2 COLD CONTAINERS
9.2.2.1 Majority of cold chain containers are used for storage at production sites
9.2.3 BLAST FREEZERS
9.2.3.1 Majority of blast freezers are used for storing prepared food items
9.3 TRANSPORTATION
9.3.1 AIRWAYS
9.3.1.1 Airways is among fastest modes of transportation of cold chain products
9.3.2 WATERWAYS
9.3.2.1 Waterways is cheapest mode of transportation in cold chain monitoring market
9.3.3 ROADWAYS
9.3.3.1 Roadways offer maximum geographical penetration in cold chain monitoring market
9.3.4 RAILWAYS
9.3.4.1 Railways are convenient for transportation of cold chain materials
10 COLD CHAIN MONITORING MARKET, BY APPLICATION (Page No. - 112)
10.1 INTRODUCTION
FIGURE 41 COLD CHAIN MONITORING MARKET, BY APPLICATION
FIGURE 42 FOOD & BEVERAGES TO EXHIBIT HIGHEST CAGR IN COLD CHAIN MONITORING MARKET, BY APPLICATION, DURING FORECAST PERIOD
TABLE 64 COLD CHAIN MONITORING MARKET, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 65 COLD CHAIN MONITORING MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
10.2 PHARMACEUTICALS & HEALTHCARE
TABLE 66 COLD CHAIN MONITORING MARKET FOR PHARMACEUTICALS & HEALTHCARE, BY TYPE, 2017–2020 (USD MILLION)
TABLE 67 COLD CHAIN MONITORING MARKET FOR PHARMACEUTICALS & HEALTHCARE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 68 COLD CHAIN MONITORING MARKET FOR PHARMACEUTICALS & HEALTHCARE APPLICATION, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 69 COLD CHAIN MONITORING MARKET FOR PHARMACEUTICALS & HEALTHCARE, BY OFFERING, 2021–2026 (USD MILLION)
TABLE 70 COLD CHAIN MONITORING MARKET FOR PHARMACEUTICALS & HEALTHCARE, BY HARDWARE, 2017–2020 (USD MILLION)
TABLE 71 COLD CHAIN MONITORING MARKET FOR PHARMACEUTICALS AND HEALTHCARE, BY HARDWARE, 2021–2026 (USD MILLION)
TABLE 72 COLD CHAIN MONITORING MARKET FOR PHARMACEUTICALS & HEALTHCARE, BY REGION, 2017–2020 (USD MILLION)
TABLE 73 COLD CHAIN MONITORING MARKET FOR PHARMACEUTICALS & HEALTHCARE, BY REGION, 2021–2026 (USD MILLION)
10.2.1 VACCINES
10.2.1.1 Vaccine production and distribution activities rely on efficient cold chains, which need effective monitoring solutions
TABLE 74 COLD CHAIN MONITORING MARKET FOR VACCINES, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 75 COLD CHAIN MONITORING MARKET FOR VACCINES, BY OFFERING, 2021–2026 (USD MILLION)
TABLE 76 COLD CHAIN MONITORING MARKET FOR VACCINES, BY HARDWARE, 2017–2020 (USD MILLION)
TABLE 77 COLD CHAIN MONITORING MARKET FOR VACCINES, BY HARDWARE, 2021–2026 (USD MILLION)
10.2.2 BIOBANKS
10.2.2.1 Requirement of strictly regulated temperature levels in biobanks boosts growth of cold chain monitoring market
TABLE 78 COLD CHAIN MONITORING MARKET FOR BIOBANKS, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 79 COLD CHAIN MONITORING MARKET FOR BIOBANKS, BY OFFERING, 2021–2026 (USD MILLION)
TABLE 80 COLD CHAIN MONITORING MARKET FOR BIOBANKS, BY HARDWARE, 2017–2020 (USD MILLION)
TABLE 81 COLD CHAIN MONITORING MARKET FOR BIOBANKS, BY HARDWARE, 2021–2026 (USD MILLION)
10.2.3 MEDICINES & DRUGS
10.2.3.1 Cold chain monitoring devices help increase effectiveness of medicines and reduce wastage of medicines and drugs
TABLE 82 COLD CHAIN MONITORING MARKET FOR MEDICINES & DRUGS, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 83 COLD CHAIN MONITORING MARKET FOR MEDICINES & DRUGS, BY OFFERING, 2021–2026 (USD MILLION)
TABLE 84 COLD CHAIN MONITORING MARKET FOR MEDICINES & DRUGS, BY HARDWARE, 2017–2020 (USD MILLION)
TABLE 85 COLD CHAIN MONITORING MARKET FOR MEDICINES & DRUGS, BY HARDWARE, 2021–2026 (USD MILLION)
10.3 FOOD & BEVERAGES
TABLE 86 COLD CHAIN MONITORING MARKET FOR FOOD & BEVERAGES, BY TYPE, 2017–2020 (USD MILLION)
TABLE 87 COLD CHAIN MONITORING MARKET FOR FOOD & BEVERAGES, BY TYPE, 2021–2026 (USD MILLION)
TABLE 88 COLD CHAIN MONITORING MARKET FOR FOOD & BEVERAGES, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 89 COLD CHAIN MONITORING MARKET FOR FOOD & BEVERAGES, BY OFFERING, 2021–2026 (USD MILLION)
TABLE 90 COLD CHAIN MONITORING MARKET FOR FOOD & BEVERAGES, BY HARDWARE, 2017–2020 (USD MILLION)
TABLE 91 COLD CHAIN MONITORING MARKET FOR FOOD & BEVERAGES, BY HARDWARE, 2021–2026 (USD MILLION)
TABLE 92 COLD CHAIN MONITORING MARKET FOR FOOD & BEVERAGES, BY REGION, 2017–2020 (USD MILLION)
TABLE 93 COLD CHAIN MONITORING MARKET FOR FOOD & BEVERAGES, BY REGION, 2021–2026 (USD MILLION)
10.3.1 FRUITS & VEGETABLES
10.3.1.1 Cold chain monitoring devices help in reducing wastage and improving quality of fruits and vegetables
TABLE 94 COLD CHAIN MONITORING MARKET FOR FRUITS & VEGETABLES APPLICATION, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 95 COLD CHAIN MONITORING MARKET FOR FRUITS & VEGETABLES APPLICATION, BY OFFERING, 2021–2026 (USD MILLION)
TABLE 96 COLD CHAIN MONITORING MARKET FOR FRUITS & VEGETABLES APPLICATION, BY HARDWARE, 2017–2020 (USD MILLION)
TABLE 97 COLD CHAIN MONITORING MARKET FOR FRUITS & VEGETABLES APPLICATION, BY HARDWARE, 2021–2026 (USD MILLION)
10.3.2 MEAT & SEAFOOD
10.3.2.1 Cold chain monitoring helps in increasing durability and preventing any infection during storage and transportation of meat and seafood
TABLE 98 COLD CHAIN MONITORING MARKET FOR MEAT & SEAFOOD APPLICATION, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 99 COLD CHAIN MONITORING MARKET FOR MEAT & SEAFOOD APPLICATION, BY OFFERING, 2021–2026 (USD MILLION)
TABLE 100 COLD CHAIN MONITORING MARKET FOR MEAT & SEAFOOD APPLICATION, BY HARDWARE, 2017–2020 (USD MILLION)
TABLE 101 COLD CHAIN MONITORING MARKET FOR MEAT & SEAFOOD APPLICATION, BY HARDWARE, 2021–2026 (USD MILLION)
10.3.3 POULTRY & DAIRY PRODUCTS
10.3.3.1 Cold chain monitoring helps in prolonging shelf life and preventing contamination of poultry and dairy products
TABLE 102 COLD CHAIN MONITORING MARKET FOR POULTRY & DAIRY PRODUCTS APPLICATION, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 103 COLD CHAIN MONITORING MARKET FOR POULTRY & DAIRY PRODUCTS APPLICATION, BY OFFERING, 2021–2026 (USD MILLION)
TABLE 104 COLD CHAIN MONITORING MARKET FOR POULTRY & DAIRY PRODUCTS APPLICATION, BY HARDWARE, 2017–2020 (USD MILLION)
TABLE 105 COLD CHAIN MONITORING MARKET FOR POULTRY & DAIRY PRODUCTS APPLICATION, BY HARDWARE, 2021–2026 (USD MILLION)
10.3.4 PROCESSED FOODS
10.3.4.1 Processed foods need cold chain monitoring to increase durability and prevent spoilage
TABLE 106 COLD CHAIN MONITORING MARKET FOR PROCESSED FOODS APPLICATION, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 107 COLD CHAIN MONITORING MARKET FOR PROCESSED FOODS APPLICATION, BY OFFERING, 2021–2026 (USD MILLION)
TABLE 108 COLD CHAIN MONITORING MARKET FOR PROCESSED FOODS APPLICATION, BY HARDWARE, 2017–2020 (USD MILLION)
TABLE 109 COLD CHAIN MONITORING MARKET FOR PROCESSED FOODS APPLICATION, BY HARDWARE, 2021–2026 (USD MILLION)
10.4 CHEMICALS
10.4.1 ADOPTION OF COLD CHAIN MONITORING SOLUTIONS IN CHEMICALS SEGMENT TO GROW SIGNIFICANTLY DURING FORECAST PERIOD
TABLE 110 COLD CHAIN MONITORING MARKET FOR CHEMICALS, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 111 COLD CHAIN MONITORING MARKET FOR CHEMICALS, BY OFFERING, 2021–2026 (USD MILLION)
TABLE 112 COLD CHAIN MONITORING MARKET FOR CHEMICALS, BY HARDWARE, 2017–2020 (USD MILLION)
TABLE 113 COLD CHAIN MONITORING MARKET FOR CHEMICALS, BY HARDWARE, 2021–2026 (USD MILLION)
TABLE 114 COLD CHAIN MONITORING MARKET FOR CHEMICALS, BY REGION, 2017–2020 (USD MILLION)
TABLE 115 COLD CHAIN MONITORING MARKET FOR CHEMICALS, BY REGION, 2021–2026 (USD MILLION)
10.5 OTHERS
10.5.1 AGRICULTURE
10.5.1.1 Continuous innovations in IoT for agriculture industry boost adoption of cold chain monitoring solutions
10.5.2 MANUFACTURING
10.5.2.1 Cold chain monitoring devices are used in manufacturing industry to maintain temperature and ambient conditions
TABLE 116 COLD CHAIN MONITORING MARKET FOR OTHERS, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 117 COLD CHAIN MONITORING MARKET FOR OTHERS, BY OFFERING, 2021–2026 (USD MILLION)
TABLE 118 COLD CHAIN MONITORING MARKET FOR OTHERS, BY HARDWARE, 2017–2020 (USD MILLION)
TABLE 119 COLD CHAIN MONITORING MARKET FOR OTHERS, BY HARDWARE, 2021–2026 (USD MILLION)
TABLE 120 COLD CHAIN MONITORING MARKET FOR OTHERS, BY REGION, 2017–2020 (USD MILLION)
TABLE 121 COLD CHAIN MONITORING MARKET FOR OTHERS, BY REGION, 2021–2026 (USD MILLION)
11 GEOGRAPHIC ANALYSIS (Page No. - 137)
11.1 INTRODUCTION
FIGURE 43 COLD CHAIN MONITORING MARKET, BY GEOGRAPHY
TABLE 122 GLOBAL COLD CHAIN MONITORING MARKET, BY REGION, 2017–2020 (USD MILLION)
TABLE 123 GLOBAL COLD CHAIN MONITORING MARKET, BY REGION, 2021–2026 (USD MILLION)
11.2 AMERICAS
FIGURE 44 SNAPSHOT OF COLD CHAIN MONITORING MARKET IN THE AMERICAS
TABLE 124 COLD CHAIN MONITORING MARKET IN AMERICAS, BY REGION, 2017–2020 (USD MILLION)
TABLE 125 COLD CHAIN MONITORING MARKET IN AMERICAS, BY REGION, 2021–2026 (USD MILLION)
TABLE 126 COLD CHAIN MONITORING MARKET IN AMERICAS, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 127 COLD CHAIN MONITORING MARKET IN AMERICAS, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 128 COLD CHAIN MONITORING MARKET IN NORTH AMERICA, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 129 COLD CHAIN MONITORING MARKET IN NORTH AMERICA, BY OFFERING, 2021–2026 (USD MILLION)
TABLE 130 COLD CHAIN MONITORING MARKET IN SOUTH AMERICA, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 131 COLD CHAIN MONITORING MARKET IN SOUTH AMERICA, BY OFFERING, 2021–2026 (USD MILLION)
11.2.1 NORTH AMERICA
TABLE 132 COLD CHAIN MONITORING MARKET IN NORTH AMERICA, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 133 COLD CHAIN MONITORING MARKET IN NORTH AMERICA, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 134 COLD CHAIN MONITORING MARKET IN US, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 135 COLD CHAIN MONITORING MARKET IN US, BY OFFERING, 2021–2026 (USD MILLION)
TABLE 136 COLD CHAIN MONITORING MARKET IN CANADA, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 137 COLD CHAIN MONITORING MARKET IN CANADA, BY OFFERING, 2021–2026 (USD MILLION)
TABLE 138 COLD CHAIN MONITORING MARKET IN MEXICO, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 139 COLD CHAIN MONITORING MARKET IN MEXICO, BY OFFERING, 2021–2026 (USD MILLION)
11.2.1.1 US
11.2.1.1.1 The US to dominate the North American cold chain monitoring market
11.2.1.2 Canada
11.2.1.2.1 Growing demand for cold chain facilities in the pharmaceutical industry boosts the market
11.2.1.3 Mexico
11.2.1.3.1 Stringent government regulations and streamlined border and customs programs to accelerate the market growth
11.2.2 SOUTH AMERICA
11.2.2.1 Argentina
11.2.2.1.1 Pharmaceutical & healthcare application segment to drive the demand for cold chain monitoring products
11.2.2.2 Brazil
11.2.2.2.1 Food & beverage application to drive the demand for cold chain monitoring products in Brazil
11.2.2.3 Rest of South America
11.3 EUROPE
FIGURE 45 SNAPSHOT OF COLD CHAIN MONITORING MARKET IN EUROPE
TABLE 140 COLD CHAIN MONITORING MARKET IN EUROPE, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 141 COLD CHAIN MONITORING MARKET IN EUROPE, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 142 COLD CHAIN MONITORING MARKET IN EUROPE, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 143 COLD CHAIN MONITORING MARKET IN EUROPE, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 144 COLD CHAIN MONITORING MARKET IN EUROPE, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 145 COLD CHAIN MONITORING MARKET IN EUROPE, BY OFFERING, 2021–2026 (USD MILLION)
TABLE 146 COLD CHAIN MONITORING MARKET IN GERMANY, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 147 COLD CHAIN MONITORING MARKET IN GERMANY, BY OFFERING, 2021–2026 (USD MILLION)
TABLE 148 COLD CHAIN MONITORING MARKET IN FRANCE, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 149 COLD CHAIN MONITORING MARKET IN FRANCE, BY OFFERING, 2021–2026 (USD MILLION)
TABLE 150 COLD CHAIN MONITORING MARKET IN UK, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 151 COLD CHAIN MONITORING MARKET IN UK, BY OFFERING, 2021–2026 (USD MILLION)
TABLE 152 COLD CHAIN MONITORING MARKET IN NETHERLANDS, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 153 COLD CHAIN MONITORING MARKET IN NETHERLANDS, BY OFFERING, 2021–2026 (USD MILLION)
TABLE 154 COLD CHAIN MONITORING MARKET IN ITALY, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 155 COLD CHAIN MONITORING MARKET IN ITALY, BY OFFERING, 2021–2026 (USD MILLION)
TABLE 156 COLD CHAIN MONITORING MARKET IN SPAIN, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 157 COLD CHAIN MONITORING MARKET IN SPAIN, BY OFFERING, 2021–2026 (USD MILLION)
TABLE 158 COLD CHAIN MONITORING MARKET IN REST OF EUROPE, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 159 COLD CHAIN MONITORING MARKET IN REST OF EUROPE, BY OFFERING, 2021–2026 (USD MILLION)
11.3.1 GERMANY
11.3.1.1 The well-established pharmaceutical industry has pushed the growth of the cold chain monitoring market
11.3.2 FRANCE
11.3.2.1 High consumption of pharmaceutical and healthcare products drives the cold chain monitoring market
11.3.3 UK
11.3.3.1 The UK is expected to witness the highest growth in the cold chain monitoring market in Europe
11.3.4 NETHERLANDS
11.3.4.1 Stringent regulations in the country increase the demand for cold chain monitoring
11.3.5 ITALY
11.3.5.1 Food & beverages application to drive Italian cold chain monitoring market
11.3.6 SPAIN
11.3.6.1 Pharmaceutical & healthcare application to drive the cold chain monitoring market
11.3.7 REST OF EUROPE
11.4 APAC
FIGURE 46 SNAPSHOT OF COLD CHAIN MONITORING MARKET IN APAC
TABLE 160 COLD CHAIN MONITORING MARKET IN APAC, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 161 COLD CHAIN MONITORING MARKET IN APAC, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 162 COLD CHAIN MONITORING MARKET IN APAC, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 163 COLD CHAIN MONITORING MARKET IN APAC, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 164 COLD CHAIN MONITORING MARKET IN APAC, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 165 COLD CHAIN MONITORING MARKET IN APAC, BY OFFERING, 2021–2026 (USD MILLION)
TABLE 166 COLD CHAIN MONITORING MARKET IN CHINA, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 167 COLD CHAIN MONITORING MARKET IN CHINA, BY OFFERING, 2021–2026 (USD MILLION)
TABLE 168 COLD CHAIN MONITORING MARKET IN JAPAN, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 169 COLD CHAIN MONITORING MARKET IN JAPAN, BY OFFERING, 2021–2026 (USD MILLION)
TABLE 170 COLD CHAIN MONITORING MARKET IN INDIA, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 171 COLD CHAIN MONITORING MARKET IN INDIA, BY OFFERING, 2021–2026 (USD MILLION)
TABLE 172 COLD CHAIN MONITORING MARKET IN SOUTH KOREA, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 173 COLD CHAIN MONITORING MARKET IN SOUTH KOREA, BY OFFERING, 2021–2026 (USD MILLION)
TABLE 174 COLD CHAIN MONITORING MARKET IN AUSTRALIA, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 175 COLD CHAIN MONITORING MARKET IN AUSTRALIA, BY OFFERING, 2021–2026 (USD MILLION)
TABLE 176 COLD CHAIN MONITORING MARKET IN REST OF APAC, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 177 COLD CHAIN MONITORING MARKET IN REST OF APAC, BY OFFERING, 2021–2026 (USD MILLION)
11.4.1 CHINA
11.4.1.1 Cold chain monitoring is in high demand due to rapid growth of pharmaceuticals and food & beverage industries
11.4.2 JAPAN
11.4.2.1 Japanese cold chain monitoring market is dominated by domestic players
11.4.3 INDIA
11.4.3.1 Increase in investments in developing cold chain infrastructure to boost market
11.4.4 SOUTH KOREA
11.4.4.1 Demand for high-quality perishable products to drive the market for cold chain monitoring
11.4.5 AUSTRALIA
11.4.5.1 Demand for high-quality red meat products is driving the demand for cold chain monitoring products
11.4.6 REST OF APAC
11.5 ROW
TABLE 178 COLD CHAIN MONITORING MARKET IN ROW, BY REGION, 2017–2020 (USD MILLION)
TABLE 179 COLD CHAIN MONITORING MARKET IN ROW, BY REGION, 2021–2026 (USD MILLION)
TABLE 180 COLD CHAIN MONITORING MARKET IN ROW, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 181 COLD CHAIN MONITORING MARKET IN ROW, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 182 COLD CHAIN MONITORING MARKET IN MIDDLE EAST, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 183 COLD CHAIN MONITORING MARKET IN MIDDLE EAST, BY OFFERING, 2021–2026 (USD MILLION)
TABLE 184 COLD CHAIN MONITORING MARKET IN AFRICA, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 185 COLD CHAIN MONITORING MARKET IN AFRICA, BY OFFERING, 2021–2026 (USD MILLION)
11.5.1 MIDDLE EAST
11.5.1.1 Saudi Arabia
11.5.1.1.1 Developing healthcare infrastructure contributing to the growth of the cold chain monitoring market
11.5.1.2 UAE
11.5.1.2.1 Increasing demand for food safety to drive the cold chain monitoring market
11.5.2 AFRICA
11.5.2.1 Growing demand for pharmaceuticals & healthcare and chemicals to drive market growth
12 COMPETITIVE LANDSCAPE (Page No. - 169)
12.1 OVERVIEW
12.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
TABLE 186 OVERVIEW OF STRATEGIES DEPLOYED BY COLD CHAIN MONITORING COMPANIES
12.2.1 PRODUCT PORTFOLIO
12.2.2 REGIONAL FOCUS
12.2.3 MANUFACTURING FOOTPRINT
12.3 MARKET SHARE ANALYSIS, 2020
TABLE 187 DEGREE OF COMPETITION: COLD CHAIN MONITORING MARKET (2020)
12.4 MARKET RANKING ANALYSIS OF TOP 5 MARKET PLAYERS
FIGURE 47 ORBCOMM LED THE COLD CHAIN MONITORING MARKET IN 2020
12.5 5-YEAR COMPANY REVENUE ANALYSIS
FIGURE 48 5-YEAR REVENUE ANALYSIS OF TOP 5 PLAYERS IN COLD CHAIN MONITORING MARKET
12.6 COMPETITIVE LEADERSHIP MAPPING
12.6.1 STAR
12.6.2 EMERGING LEADERS
12.6.3 PERVASIVE
12.6.4 PARTICIPANT
FIGURE 49 COLD CHAIN MONITORING MARKET (GLOBAL): COMPANY EVALUATION QUADRANT, 2020
12.7 START-UP/SME EVALUATION QUADRANT
TABLE 188 STARTUPS/SMES IN COLD CHAIN MONITORING MARKET
12.7.1 PROGRESSIVE COMPANIES
12.7.2 RESPONSIVE COMPANIES
12.7.3 DYNAMIC COMPANIES
12.7.4 STARTING BLOCKS
FIGURE 50 COLD CHAIN MONITORING MARKET, START-UP/SME EVALUATION MATRIX, 2020
12.8 COMPANY PRODUCT FOOTPRINT
TABLE 189 COMPANY PRODUCT FOOTPRINT
TABLE 190 COMPANY TEMPERATURE TYPE FOOTPRINT
TABLE 191 COMPANY APPLICATION FOOTPRINT
TABLE 192 COMPANY REGION FOOTPRINT
12.9 COMPETITIVE SCENARIO
12.9.1 PRODUCT LAUNCH & PRODUCT DEVELOPMENT
12.9.2 PRODUCT LAUNCHES AND PRODUCT DEVELOPMENT
TABLE 193 COLD CHAIN MONITORING MARKET: PRODUCT LAUNCHES AND PRODUCT DEVELOPMENTS, (JANUARY 2018–SEPTEMBER 2021)
12.9.3 DEALS
TABLE 194 COLD CHAIN MONITORING MARKET: DEALS, (JANUARY 2018–SEPTEMBER 2021)
13 COMPANY PROFILES (Page No. - 188)
(Business overview, Products/solutions/services offered, Recent developments & MnM View)*
13.1 KEY PLAYERS
13.1.1 ORBCOMM
TABLE 195 ORBCOMM: BUSINESS OVERVIEW
FIGURE 51 ORBCOMM: COMPANY SNAPSHOT
TABLE 196 ORBCOMM: PRODUCTS OFFERED
TABLE 197 ORBCOMM: PRODUCT/SERVICE LAUNCHES
TABLE 198 ORBCOMM: DEALS
13.1.2 SENSITECH INC.
TABLE 199 SENSITECH INC.: BUSINESS OVERVIEW
TABLE 200 SENSITECH INC. INC.: PRODUCTS OFFERED
TABLE 201 SENSITECH INC.: PRODUCT LAUNCHES
TABLE 202 SENSITECH INC.: DEALS
13.1.3 BERLINGER & CO.
TABLE 203 BERLINGER & CO: BUSINESS OVERVIEW
TABLE 204 BERLINGER & CO: PRODUCTS/SERVICES OFFERED
TABLE 205 BERLINGER & CO.: PRODUCT LAUNCH
13.1.4 MONNIT
TABLE 206 MONNIT: BUSINESS OVERVIEW
TABLE 207 MONNIT: PRODUCTS OFFERED
TABLE 208 MONNIT: PRODUCT LAUNCHES
TABLE 209 MONNIT: DEALS
13.1.5 CONTROLANT
TABLE 210 CONTROLANT: BUSINESS OVERVIEW
TABLE 211 CONTROLANT: PRODUCTS OFFERED
TABLE 212 CONTROLANT.: DEALS
13.1.6 ELPRO-BUCHS
TABLE 213 ELPRO-BUCHS: BUSINESS OVERVIEW
TABLE 214 ELPRO-BUCHS: PRODUCTS OFFERED
TABLE 215 ELPRO-BUCHS: PRODUCT LAUNCHES
TABLE 216 ELPRO-BUCHS: DEALS
13.1.7 SAVI TECHNOLOGY
TABLE 217 SAVI TECHNOLOGY: BUSINESS OVERVIEW
TABLE 218 SAVI TECHNOLOGY: PRODUCTS OFFERED
TABLE 219 SAVI TECHNOLOGY: DEALS
13.1.8 INFRATAB
TABLE 220 INFRATAB: BUSINESS OVERVIEW
TABLE 221 INFRATAB: PRODUCTS OFFERED
13.1.9 VERIDIFY SECURITY
TABLE 222 VERIDIFY SECURITY: BUSINESS OVERVIEW
TABLE 223 VERIDIFY SECURITY: PRODUCTS OFFERED
TABLE 224 VERIDIFY SECURITY: PRODUCT LAUNCH
TABLE 225 VERIDIFY SECURITY: DEALS
13.1.10 ZEST LABS
TABLE 226 ZEST LABS: BUSINESS OVERVIEW
TABLE 227 ZEST LABS: PRODUCTS OFFERED
TABLE 228 ZEST LABS: PRODUCT LAUNCHES
TABLE 229 ZEST LABS: DEALS
*Details on Business overview, Products/solutions/services offered, Recent developments & MnM View might not be captured in case of unlisted companies.
13.2 OTHER IMPORTANT PLAYERS
13.2.1 TEMPERATURE MONITOR SOLUTIONS AFRICA
13.2.2 LINEAGE LOGISTICS
13.2.3 DAIKIN INDUSTRIES
13.2.4 CRYOPORT SYSTEMS
13.2.5 KLINGE CORPORATION
13.2.6 NIMBLE WIRELESS
13.2.7 VERIGO
13.2.8 ASTRONA BIOTECHNOLOGIES
13.2.9 TELESENSE INC
13.2.10 TEMPSEN
13.2.11 TAGBOX SOLUTIONS
13.2.12 FRESHSURETY
13.2.13 SAFETRACES
13.2.14 TIMESTRIP
14 APPENDIX (Page No. - 225)
14.1 INSIGHTS OF INDUSTRY EXPERTS
14.2 DISCUSSION GUIDE
14.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.4 AVAILABLE CUSTOMIZATIONS
14.5 RELATED REPORTS
14.6 AUTHOR DETAILS
The study involved four major activities in estimating the current size of the Cold chain monitoring market. Exhaustive secondary research was done to collect information on the market and its peer and parent markets. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the total market size. After that, market breakdown and data triangulation were employed to estimate the market size of segments and subsegments.
Secondary Research
In the secondary research process, various secondary sources were referred to for identifying and collecting information important for this study. These secondary sources include biometric technologies journals and magazines, IEEE journals; annual reports, press releases, and investor presentations of companies; white papers; certified publications and articles from recognized authors; and directories and databases such as Factiva, Hoovers, and OneSource.
Primary Research
In the primary research process, various primary sources from both supply and demand sides were interviewed to obtain qualitative and quantitative information important for this report. The primary sources from the supply side included industry experts such as CEOs, VPs, marketing directors, technology and innovation directors, and related executives from key companies and organizations operating in the Cold chain monitoring market. After complete market engineering (including calculations regarding market statistics, market breakdown, market size estimations, market forecasting, and data triangulation), extensive primary research was conducted to gather information, as well as to verify and validate the critical numbers arrived at.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
In the complete market engineering process, both top-down and bottom-up approaches were implemented, along with several data triangulation methods, to estimate and validate the size of the Cold chain monitoring market and other dependent submarkets listed in this report.
- Key players in the industry and markets were identified through extensive secondary research.
- In terms of value, the industry’s supply chain and market size were determined through primary and secondary research processes.
- All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
To know about the assumptions considered for the study, Request for Free Sample Report
Data Triangulation
After arriving at the overall market size from the estimation process explained above, the global market has been split into several segments and subsegments. To complete the overall market engineering process and arrive at exact statistics for all segments and subsegments, market breakdown and data triangulation procedures have been employed wherever applicable. The data was triangulated by studying various factors and trends identified from both demand and supply sides in government, consumer electronics, healthcare, banking & finance, travel & immigration, automotive, and military & defense verticals, among others.
Report Objectives
The following are the primary objectives of the study.
- To define, describe, and forecast the Cold chain monitoring market based on the type, technology, wavelength, application, verticals, wavelength, and geography
- To forecast the market size of various segments with respect to 4 main regions: Americas, Europe, Asia Pacific, and Rest of the World
- To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
- To strategically analyze the micromarkets1 with respect to individual growth trends, prospects, and contributions to the total market
- To strategically profile the key players and comprehensively analyze their market ranking and core competencies, along with detailing the competitive landscape for market leaders
- To analyze the competitive developments such as agreements, contracts, partnerships, acquisitions, and product launches & developments carried out in the Cold chain monitoring market
Available Customizations
With the given market data, MarketsandMarkets offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information:
- Detailed analysis and profiling of additional market players (up to 5)
This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.
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Growth opportunities and latent adjacency in Cold Chain Monitoring Market
We have very niche offerings (i.e. sensors) in cold chain monitoring markets. We provide RFID based tags and dataloggers used for monitoring of the clod chain. I would like to know if only part of the report can be purchased? I am interested in datalogers and temperature sensors?
I am really interested in the report. I expect the below to be part of your report - Hardware (sensor, integrator, software provider, logistics, etc) - segments size and growth (for technology, region, device type). Do you confirm?
I am researching on the cold chain monitoring topic. Your publication seems really interesting to me and I am willing to purchase this report. Could you share the price for the same? I am also willing to get a better idea of the makeup of the market (Healthcare/Pharma/ Beverages/Food etc.). Is the report include region wise splits for all the applications categories and subcategories?
Looking fot the specific information pertaining to Hardware and Software across logistics (Airways, roadways, and waterways) and region (Brazil, China, India, Australia, Japan ) primarily healthcare, food & beverage as well as branded retail (end-to-end) and any application of product-level monitoring. Could you provide this information?
To evaluate before purchase, could you confirm what part of the below I can expect to find in your report and send me two sample tables of your chosing? - devices type (permanent, moveable, disposable, electronic, chemical, etc) - device technology (RF like BLE/WiFi/RFID/LPWAN, battery powered and battery type, etc) - regulatory status by region (logging / alerts, measurement precision, auditing, etc) - average selling price of devices and total cost of ownership of solutions by technology/capability