Cold Chain Monitoring Market by Component (Hardware (Sensors and Data Loggers) and Software), Application (Pharmaceuticals & Healthcare, Food & Beverages, and Chemicals), Logistics (Storage and Transportation), and Region - Global Forecast to 2023

The cold chain monitoring market was valued at USD 3.27 billion in 2017 and is expected to reach USD 6.46 billion by 2023, at a CAGR of 11.17% during the forecast period. The base year considered for the study is 2017, and the forecast period is during 2018–2023.

The prime objectives of this study can be summarized as follows:

• To define, describe, and forecast the global cold chain monitoring market, in terms of value, segmented on the basis of component, application, logistics, and geography
• To describe and forecast the market size, in terms of value, for various segments with respect to the following regions: the Americas, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
• To provide detailed information regarding the major factors, namely, drivers, restraints, opportunities, and challenges influencing the growth of the cold chain monitoring market
• To analyze opportunities in the market for stakeholders by identifying high-growth segments in the cold chain monitoring market
• To strategically profile key players and comprehensively analyze their market ranking in terms of revenue and core competencies
• To study the complete value chain and industry segments and perform a value chain analysis of the global cold chain monitoring market
• To analyze strategies such as product launches and product developments, partnerships/contracts/agreements/collaborations expansions, and mergers and acquisitions, adopted by major players in the cold chain monitoring market

This study involves the extensive use of secondary sources, directories, and databases (such as Hoovers, Bloomberg Business, Factiva, and OneSource) to identify and collect information useful for this study. The research methodology followed in this report is explained below.

• Identifying various applications and industries that are using or are expected to adopt cold chain monitoring solutions
• Analyzing each application, along with related major companies and system integrators, and identifying service providers for the adoption of cold chain monitoring
• Estimating the market size based on each application in the cold chain monitoring market
• Tracking the ongoing and upcoming implementation of cold chain monitoring by various companies for each application and region to forecast the market based on these developments and other critical parameters

After arriving at the overall market size, the total market is split into several segments and subsegments, which is further confirmed with key industry experts. The figure below shows the breakdown of primaries on the basis of company type, designation, and region.

To know about the assumptions considered for the study, download the pdf brochure

Sensitech (US), ORBCOMM (US), Berlinger & Co. (Switzerland), Monnit Corporation (US), Elpro – Buchs (Switzerland), Controlant (Iceland), SecureRF Corporation (US), Savi Technology (US), Zest Labs (US), and Infratab (US) are a few major players in the cold chain monitoring market.

Key Target Audience

• Cold chain warehouses
• Sensor manufacturers
• Logistics companies
• Pharmaceutical manufacturers
• Large-scale farmers
• Fisheries
• Dairy product manufacturers
• Pharmacies
• Large food retailers
• Food processing companies
• Distributors
• Investors
• Government organizations
• Research organizations
• Organizations, alliances, and associations related to cold chains

“Study answers several questions for the stakeholders, primarily which market segments to focus in the next 2 to 5 years for prioritizing the efforts and investments.”

Scope of This Report

The cold chain monitoring market has been covered in detail in this report. To provide a holistic picture, the current market demand and forecasts have also been included in the report. The cold chain monitoring market has been segmented as follows:

By Component

• Hardware
  • Sensors & Data Loggers
  • RFID Devices
  • Telematics & Telemetry Devices
  • Networking Devices
• Software
  • On Premises
  • Cloud Based

By Application

• Pharmaceuticals & Healthcare
• Food & Beverages
• Chemicals

By Logistics

• Storage
• Transportation

By Region

• Americas
• Europe
• APAC
• RoW

Available Customizations

Component Analysis:

• Detailed analysis of the market for hardware and software components of cold chain monitoring solutions

Country-Wise Information:

• Detailed analysis of the market for each country

Company Information:

• Detailed analysis and profiling of additional market players (up to 5)

Table of Contents

1 Introduction (Page No. - 16)
    1.1 Study Objectives
    1.2 Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Geographic Scope
           1.3.3 Years Considered
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 20)
    2.1 Research Data
           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
                    2.1.2.2 Key Data From Primary Sources
                    2.1.2.3 Key Industry Insights
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Market Breakdown and Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 28)

4 Premium Insights (Page No. - 33)
    4.1 Attractive Opportunities in Cold Chain Monitoring Market
    4.2 Cold Chain Monitoring Market, By Application and Region
    4.3 Cold Chain Monitoring Market, By Component
    4.4 Cold Chain Monitoring Market, By Application
    4.5 Cold Chain Monitoring Market, By Logistics
    4.6 Cold Chain Monitoring Market, By Geography

5 Market Overview (Page No. - 37)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Growing Governmental Focus on Issuing Policies Impacting Supply Chain Efficiency of Fast-Growing Pharmaceuticals Sector in Europe and North America
                    5.2.1.2 Increasing Demand for Temperature-Sensitive Drugs
                    5.2.1.3 Rising Demand for Better Food Quality and Need to Reduce Food Wastage
                    5.2.1.4 Growing Demand for Generic Drugs Owing to Higher Accessibility
           5.2.2 Restraints
                    5.2.2.1 High Cost of Implementation
           5.2.3 Opportunities
                    5.2.3.1 Better Control of Assets in the Warehouse Using Automation and Cold Storage Technologies
                    5.2.3.2 Cold Chain Logistics in Developing Countries
           5.2.4 Challenges
                    5.2.4.1 Complexity Involved in Installation and Monitoring of Cold Chain Monitoring Solutions

6 Industry Trends (Page No. - 42)
    6.1 Introduction
    6.2 Value Chain Analysis
           6.2.1 Research and Product Development
           6.2.2 Component Manufacturers and System Integrators
           6.2.3 Distributors
           6.2.4 End Users
           6.2.5 Post-Sales Services
    6.3 Key Industry Trends
           6.3.1 Digital Transformation in Cold Chain Monitoring
           6.3.2 Advanced Analytics and Data Aggregation Technologies
           6.3.3 Growth in Cold Chain Logistics Outsourcing

7 Cold Chain Monitoring Market, By Component (Page No. - 46)
    7.1 Introduction
    7.2 Hardware
           7.2.1 Sensors and Data Loggers
           7.2.2 RFID Devices
           7.2.3 Telematics and Telemetry Devices
           7.2.4 Networking Devices
    7.3 Software
           7.3.1 on Premises
           7.3.2 Cloud Based

8 Cold Chain Monitoring Market, By Application (Page No. - 63)
    8.1 Introduction
    8.2 Pharmaceuticals and Healthcare
           8.2.1 Vaccines
           8.2.2 Biobanks
           8.2.3 Medicines and Drugs
    8.3 Food & Beverages
           8.3.1 Fruits & Vegetables
           8.3.2 Meat and Seafood
           8.3.3 Poultry and Dairy Products
           8.3.4 Processed Food
    8.4 Chemicals

9 Cold Chaiin Monitoring Market, By Logistics (Page No. - 82)
    9.1 Introduction
    9.2 Storage
           9.2.1 Warehouses
           9.2.2 Cold Containers
    9.3 Transportation
           9.3.1 Airways
           9.3.2 Waterways
           9.3.3 Roadways
           9.3.4 Railways

10 Cold Chain Monitoring Market, Geographic Analysis (Page No. - 90)
     10.1 Introduction
     10.2 Americas
             10.2.1 North America
                        10.2.1.1 US
                        10.2.1.2 Canada
                        10.2.1.3 Mexico
             10.2.2 South America
     10.3 Europe
             10.3.1 Germany
             10.3.2 France
             10.3.3 UK
             10.3.4 Netherlands
             10.3.5 Rest of Europe
     10.4 APAC
             10.4.1 China
             10.4.2 Japan
             10.4.3 India
             10.4.4 Rest of APAC
     10.5 RoW

11 Competitive Landscape (Page No. - 111)
     11.1 Introduction
     11.2 Ranking of Top Players in Cold Chain Monitoring Market (2017)
     11.3 Competitive Situations and Trends
             11.3.1 Product Launches and Product Developments
             11.3.2 Partnerships, Contracts, Agreements, Collaborations, and Expansions
             11.3.3 Mergers & Acquisitions

12 Company Profiles (Page No. - 121)
(Business Overview, Products and Services Offered, Recent Developments, SWOT Analysis, and MnM View)*
     12.1 Key Players
             12.1.1 Orbcomm
             12.1.2 Sensitech
             12.1.3 Berlinger & Co.
             12.1.4 Monnit
             12.1.5 Controlant
             12.1.6 Elpro-Buchs
             12.1.7 Securerf Corporation
             12.1.8 Savi Technology
             12.1.9 Zest Labs
             12.1.10 Infratab
     12.2 Other Important Players
             12.2.1 Temperature Monitor Solutions Africa
             12.2.2 Lineage Logistics Holdings
             12.2.3 Klinge Corporation
             12.2.4 Daikin Industries
             12.2.5 Interstate Warehousing
     12.3 Startup Ecosystem
             12.3.1 Nimble Wireless
             12.3.2 Tagbox Solutions
             12.3.3 Verigo
             12.3.4 Freshsurety
             12.3.5 Astrona Biotechnologies
             12.3.6 Safetraces

*Details on Business Overview, Products and Services Offered, Recent Developments, SWOT Analysis, and MnM View Might Not Be Captured in Case of Unlisted Companies.

13 Appendix (Page No. - 155)
     13.1 Insights From Industry Experts
     13.2 Discussion Guide
     13.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     13.4 Available Customizations
     13.5 Related Reports
     13.6 Author Details

List of Tables (65 Tables)

Table 1 Cold Chain Monitoring Market, By Component, 2015–2023 (USD Million)
Table 2 Cold Chain Monitoring Market, By Hardware Component, 2015–2023 (USD Million)
Table 3 Cold Chain Monitoring Market for Hardware Components, By Logistics, 2015–2023 (USD Million)
Table 4 Cold Chain Monitoring Market for Hardware Components, By Application, 2015–2023 (USD Million)
Table 5 Hardware Component Market for Pharmaceuticals and Healthcare Application, By Type, 2015–2023 (USD Million)
Table 6 Cold Chain Monitoring Hardware Component Market for Food & Beverages Application, By Type, 2015–2023 (USD Million)
Table 7 Cold Chain Monitoring Market for Sensors and Data Loggers, By Logistics, 2015–2023 (USD Million)
Table 8 Cold Chain Monitoring Market for Sensors and Data Loggers, By Application, 2015–2023 (USD Million)
Table 9 Sensor and Data Logger Market for Pharmaceuticals and Healthcare Application, By Type, 2015–2023 (USD Million)
Table 10 Sensor and Data Logger Market for Food & Beverages Application, By Type, 2015–2023 (USD Million)
Table 11 Cold Chain Monitoring Market for RFID Devices, By Logistics, 2015–2023 (USD Million)
Table 12 Cold Chain Monitoring Market for RFID Devices, By Application, 2015–2023 (USD Million)
Table 13 RFID Device Market for Pharmaceuticals & Healthcare Application, By Type, 2015–2023 (USD Million)
Table 14 RFID Device Market for Food & Beverages Application, By Type, 2015–2023 (USD Million)
Table 15 Cold Chain Monitoring Market for Telematics and Telemetry Devices, By Application, 2015–2023 (USD Million)
Table 16 Telematics and Telemetry Device Market for Pharmaceuticals & Healthcare Application, By Type, 2015–2023 (USD Million)
Table 17 Telematics and Telemetry Device Market for Food & Beverages Application, By Type, 2015–2023 (USD Million)
Table 18 Cold Chain Monitoring Market for Networking Devices, By Logistics, 2015–2023 (USD Million)
Table 19 Cold Chain Monitoring Market for Networking Devices, By Application, 2015–2023 (USD Million)
Table 20 Networking Device Market for Pharmaceuticals & Healthcare Application, By Type, 2015–2023 (USD Million)
Table 21 Networking Device Market for Food & Beverages Application, By Type, 2015–2023 (USD Million)
Table 22 Cold Chain Monitoring Market for Software Components, By Type, 2015–2023 (USD Million)
Table 23 Cold Chain Monitoring Market for Software Components, By Logistics, 2015–2023 (USD Million)
Table 24 Cold Chain Monitoring Market, By Application, 2015-2023 (USD Million)
Table 25 Cold Chain Monitoring Market for Pharmaceuticals and Healthcare Application, By Type, 2015–2023 (USD Million)
Table 26 Cold Chain Monitoring Market for Pharmaceuticals and Healthcare Application, By Component, 2015–2023 (USD Million)
Table 27 Cold Chain Monitoring Market for Pharmaceuticals and Healthcare Application, By Hardware Component, 2015–2023 (USD Million)
Table 28 Cold Chain Monitoring Market for Pharmaceuticals and Healthcare Application, By Region, 2015–2023 (USD Million)
Table 29 Cold Chain Monitoring Market for Vaccines Application, By Component, 2015–2023 (USD Million)
Table 30 Cold Chain Monitoring Market for Vaccines Application, By Hardware Component, 2015–2023 (USD Million)
Table 31 Cold Chain Monitoring Market for Biobanks Application, By Component, 2015–2023 (USD Million)
Table 32 Cold Chain Monitoring Market for Biobanks Application, By Hardware Component, 2015–2023 (USD Million)
Table 33 Cold Chain Monitoring Market for Medicines and Drugs Application, By Component, 2015–2023 (USD Million)
Table 34 Cold Chain Monitoring Market for Medicines and Drugs Application, By Hardware Component, 2015–2023 (USD Million)
Table 35 Cold Chain Monitoring Market for Food & Beverages Application, By Type, 2015–2023 (USD Million)
Table 36 Cold Chain Monitoring Market for Food & Beverages Application, By Component, 2015–2023 (USD Million)
Table 37 Cold Chain Monitoring Market for Food & Beverages Application, By Hardware Component, 2015–2023 (USD Million)
Table 38 Cold Chain Monitoring Market for Food & Beverages Application, By Region, 2015–2023 (USD Million)
Table 39 Cold Chain Monitoring Market for Fruits & Vegetables Application, By Component, 2015–2023 (USD Million)
Table 40 Cold Chain Monitoring Market for Fruits & Vegetables Application, By Hardware Component, 2015–2023 (USD Million)
Table 41 Cold Chain Monitoring Market for Meat & Seafood Application, By Component, 2015–2023 (USD Million)
Table 42 Cold Chain Monitoring Market for Meat & Seafood Application, By Hardware Component, 2015–2023 (USD Million)
Table 43 Cold Chain Monitoring Market for Poultry & Dairy Application, By Component, 2015–2023 (USD Million)
Table 44 Cold Chain Monitoring Market for Poultry & Dairy Application, By Hardware Component, 2015–2023 (USD Million)
Table 45 Cold Chain Monitoring Market for Processed Food Application, By Component, 2015–2023 (USD Million)
Table 46 Cold Chain Monitoring Market for Processed Food Application, By Hardware Component, 2015–2023 (USD Million)
Table 47 Cold Chain Monitoring Market for Chemicals Application, By Region, 2015–2023 (USD Million)
Table 48 Cold Chain Monitoring Market, By Logistics, 2015–2023 (USD Million)
Table 49 Cold Chain Monitoring Market for Storage, By Component, 2015–2023 (USD Million)
Table 50 Cold Chain Monitoring Market for Storage, By Hardware Component, 2015–2023 (USD Million)
Table 51 Cold Chain Monitoring Market for Transportation, By Component, 2015–2023 (USD Million)
Table 52 Cold Chain Monitoring Market for Transportation, By Hardware Component, 2015–2023 (USD Million)
Table 53 Global Cold Chain Monitoring Market, By Region, 2015–2023 (USD Million)
Table 54 Cold Chain Monitoring Market in Americas, By Region, 2015–2023 (USD Million)
Table 55 Cold Chain Monitoring Market in Americas, By Application, 2015–2023 (USD Million)
Table 56 Cold Chain Monitoring Market in North America, By Country, 2015–2023 (USD Million)
Table 57 Cold Chain Monitoring Market in Europe, By Country, 2015–2023 (USD Million)
Table 58 Cold Chain Monitoring Market in Europe, By Application, 2015–2023 (USD Million)
Table 59 Cold Chain Monitoring Market in APAC, By Country, 2015–2023 (USD Million)
Table 60 Cold Chain Monitoring Market in APAC, By Application, 2015–2023 (USD Million)
Table 61 Cold Chain Monitoring Market in RoW, By Region, 2015–2023 (USD Million)
Table 62 Cold Chain Monitoring Market in RoW, By Application, 2015–2023 (USD Million)
Table 63 Product Launches and Product Developments in Cold Chain Monitoring Market (2015–2017)
Table 64 Partnerships, Contracts, Agreements, Collaborations, and Expansions in Cold Chain Monitoring Market (2015–2017)
Table 65 Mergers & Acquisitions in Cold Chain Monitoring Market (2015–2017)

List of Figures (50 Figures)

Figure 1 Cold Chain Monitoring Market Segmentation
Figure 2 Cold Chain Monitoring Market: Research Design
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Data Triangulation
Figure 6 Hardware Segment to Hold Larger Size of Cold Chain Monitoring Market From 2018 to 2023
Figure 7 Pharmaceuticals & Healthcare Application to Hold Largest Size of Cold Chain Monitoring Market By 2023
Figure 8 Storage Segment Continue to Hold Larger Share of Cold Chain Monitoring Market, Based on Logistics, By 2023
Figure 9 Cold Chain Monitoring Market in APAC to Grow at Highest CAGR During Forecast Period
Figure 10 Rising Demand for Better Food Quality and Increasing Need to Reduce Food Wastage to Propel Cold Chain Monitoring Market Growth From 2018 to 2023
Figure 11 Americas to Hold Largest Share of Cold Chain Monitoring Market in 2018
Figure 12 Software Segment to Grow at Higher CAGR in Cold Chain Monitoring Market During Forecast Period
Figure 13 Food & Beverages Application to Grow at Highest CAGR in Cold Chain Monitoring Market During Forecast Period
Figure 14 Transportation Segment to Exhibit Higher CAGR in Cold Chain Monitoring Market During Forecast Period
Figure 15 India Would Be Fastest-Growing Market for Cold Chain Monitoring Solutions During Forecast Period
Figure 16 Cold Chain Monitoring Market: Value Chain Analysis
Figure 17 Digital Transformation in Cold Chain Monitoring—Leading Trend Among Key Market Players
Figure 18 Cold Chain Monitoring Market for Sensors and Data Loggers, 2018 vs 2023 (Million Units)
Figure 19 Cold Chain Monitoring Market, By Component
Figure 20 Software Components to Exhibit Higher CAGR in Cold Chain Monitoring Market During 2018–2023
Figure 21 Transportation to Exhibit Higher CAGR in Cold Chain Monitoring Market for Hardware Components, By Logistics, During 2018–2023
Figure 22 Food & Beverages Application to Exhibit Highest CAGR in Cold Chain Monitoring Market for Sensors and Data Loggers During Forecast Period
Figure 23 Transportation to Record Higher CAGR in Cold Chain Monitoring Market for RFID Devices, By Logistics, During 2018–2023
Figure 24 Medicines and Drugs to Record Highest CAGR in Cold Chain Monitoring Market for Telematics and Telemetry Devices, By Pharmaceuticals and Healthcare Application, During 2018–2023
Figure 25 Food & Beverages to Record Fastest Growth in Cold Chain Monitoring Market for Networking Devices, By Application, During 2018–2023
Figure 26 Cold Chain Monitoring Market, By Application
Figure 27 Food & Beverages to Exhibit Highest CAGR in Cold Chain Monitoring Market, By Application, During 2018–2023
Figure 28 APAC to Witness Highest CAGR in Cold Chain Monitoring Market for Pharmaceuticals and Healthcare Application, By Region, During 2018–2023
Figure 29 RFID Devices to Exhibit Highest CAGR in Cold Chain Monitoring Market for Vaccines, By Component, During 2018–2023
Figure 30 Meat and Seafood to Dominate Cold Chain Monitoring Market for Food & Beverages Application During 2018–2023
Figure 31 Software Segment to Exhibit Higher CAGR in Cold Chain Monitoring Market for Fruits & Vegetables Application, By Component, During 2018–2023
Figure 32 Sensors and Data Loggers to Record Highest CAGR in Cold Chain Monitoring Market for Processed Food Application, By Hardware Component, During 2018–2023
Figure 33 APAC to Witness Highest CAGR in Cold Chain Monitoring Market for Chemicals Application, By Region, During 2018–2023
Figure 34 Cold Chain Monitoring Market, By Logistics
Figure 35 Transportation Segment to Exhibit Higher CAGR in Cold Chain Monitoring Market, By Logistics, During 2018–2023
Figure 36 Software Components to Record Higher CAGR in Cold Chain Monitoring Market for Transportation, By Component, During 2018–2023
Figure 37 Cold Chain Monitoring Market: By Geography
Figure 38 Cold Chain Monitoring Market in APAC to Grow at Highest CAGR During 2018–2023
Figure 39 Cold Chain Monitoring Market Segmentation in Americas, By Geography
Figure 40 Snapshot of Cold Chain Monitoring Market in Americas
Figure 41 Cold Chain Monitoring Market Segmentation in Europe, By Country
Figure 42 Snapshot of Cold Chain Monitoring Market in Europe
Figure 43 Cold Chain Monitoring Market Segmentation in APAC, By Country
Figure 44 Snapshot of Cold Chain Monitoring Market in APAC
Figure 45 Cold Chain Monitoring Market Segmentation in RoW, By Region
Figure 46 Snapshot of Cold Chain Monitoring Market in RoW
Figure 47 Strategies Adopted By Top Players in Cold Chain Monitoring Market
Figure 48 Market Player Ranking (2017)
Figure 49 Market Evaluation Framework: Product Launches Fueled Growth and Innovation From 2015 to 2017
Figure 50 Orbcomm: Company Snapshot

According to MarketsandMarkets’ forecast, the cold chain monitoring market, in terms of value, is expected to grow from USD 3.80 billion in 2018 to USD 6.46 billion by 2023, at a CAGR of 11.17% between 2018 and 2023. Major factors driving the growth of the cold chain monitoring market are growing governmental focus on issuing policies impacting the supply chain efficiency of fast-growing pharmaceuticals sector in Europe and North America, increasing demand for temperature-sensitive drugs, rising demand for better food quality and need to reduce food wastage, growing demand for generic drugs owing to higher accessibility.

This report covers the cold chain monitoring market based on component, application, logistics, and region. The cold chain monitoring market for the software segment is expected to grow at a higher CAGR between 2018 and 2023. The key reasons for this growth are increasing adoption of cloud-based software across different verticals and deployment of on-premises software solutions at storage facilities to enable faster evaluation of localized data for quick action. Also, the software helps in improving analytics support that provides actionable insights to transporters about delays and rerouting maneuvers to increase the efficiency in the transportation industry.

The market for the food & beverages application is expected to grow at the highest CAGR between 2018 and 2023. Food quality and durability are directly related to the effective maintenance of cold chain operations. The dependence of the food & beverages industry on cold chain monitoring solutions has been gradually increasing. The rising demand for high-quality food products has resulted in the growth of the cold chain monitoring market for the food & beverages application. The growing demand for meat and seafood owing to the dietary changes of people in various countries is driving the use of cold chain monitoring solutions in this application.

The Americas is accounting for the largest share of the cold chain monitoring market. The cold chain monitoring market in APAC is expected to grow at the highest CAGR between 2018 and 2023. The highest growth of the market in APAC can be attributed to the high demand for quality food in urban areas, extensive government vaccination drives being carried out in countries such as China and India, and major investments in the cold chain industry in India and China. All these factors are pushing the demand for cold chain monitoring solutions in APAC.

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 requires a huge investment. Therefore, companies involved in cold storage and cold transportation remain skeptical about spending on developing monitoring networks. Thus, the high cost of implementation is restraining the growth of cold chain monitoring market.

Major players in the cold chain monitoring market are Sensitech (US), ORBCOMM (US), Berlinger & Co. (Switzerland), Monnit Corporation (US), Elpro – Buchs (Switzerland), Controlant (Iceland), SecureRF Corporation (US), Savi Technology (US), Zest Labs (US), and Infratab (US). These players have adopted strategies such as product launches, product developments, collaborations, agreements, and acquisitions to meet the needs of their customers.

To speak to our analyst for a discussion on the above findings, click Speak to Analyst