Cold Chain Monitoring Components Market Impressive Growth | Sensitech Inc., ORBCOMM, Berlinger USA, LLC, Monnit Corporation, Controlant, others

Nowadays, businesses get highly benefited with the different segments covered in the Cold Chain Monitoring Components Market research report which provides better market insights to them with which they can drive the business into right direction. Market drivers and market restraints help businesses to get idea about the production strategy. The report helps strengthen organization and make better decisions for driving business on the right track.

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In addition, the years considered for the study are as follows:

Historical year - 2013-2018   |    Base year - 2018    |    Forecast period - 2019 to 2026

The Major players profiled in this report include Sensitech Inc., ORBCOMM, Berlinger USA, LLC, Monnit Corporation, Controlant, ELPRO-BUCHS AG, SecureRF Corporation, Savi Technology, Zest Labs, Infratab Inc., LINEAGE LOGISTICS HOLDINGS LLC, Klinge Corporation, DAIKIN INDUSTRIES Ltd., Nimble Wireless Inc., Tagbox, FreshSurety Corporation, SAFETRACES, Inc, AgroFresh, Americold Logistics LLC and Digi International Inc among others

Global Cold Chain Monitoring Components Market: Segment Analysis

By Component (Hardware and Software),
Application (Pharmaceuticals & Healthcare, Food & Beverages, Chemicals),
Logistics (Storage and Transportation)

Unique structure of the report

Global cold chain monitoring components market is expected to rise from its initial estimated value by registering a healthy CAGR of 12.7% during the forecast period of 2019-2026. This rise in market value can be attributed to the rising need for high nutritional content food products.

Cold chain monitoring components are used in the food industries to manage and monitor the logistics / supply chain operations of perishable products, eatables and food items to ensure their freshness quality. It is majorly used in the cold storage systems as well as in the transportation medium such as railways, roadways, waterways and airways. It helps to improve the supply chain efficiency as well as productivity of the business.

Highlights following MARKET DRIVERS AND RESTRAINT:

Growing demand from the pharmaceutical industry to storing the drugs is driving the growth of the market
Strict government policies for the shipment and storage of pharmaceutical products and processed food items are acting as a driver to the market growth
Worldwide rising demand for the generic medicine which requires advanced solutions for monitoring is propelling the growth of the market
Requirement of high initial cost for installations is restraining the growth of the market
Dearth of standardizations in the systems may hamper the market growth

Competitive Landscape:

In January 2019, Aeris and Roambee formed partnership to develop new solution for monitoring the cold chain system. The companies will introduce new services as well as implement the new models to enhance the company's revenue. The solution will help the customers to reduce their inventory loss and improve supply chain operations

In November 2018, Cooltrax internet of things (IoT) based solution provider introduced new product for cold chain system. The new IoT based product will offer the customer more visibility as well as superiority over the temperature-controlled freight. The product is designed to target the market needs such as real-time reporting for higher compliance and integrity for the customers

Research Methodology: Global Cold Chain Monitoring Components Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Most important Highlights of TOC:

1 Introduction of Cold Chain Monitoring Components Market

1.1 Overview of the Market

1.2 Scope of Report

2 Exclusive Summary

3 Research Methodology

3.1 Primary Interviews

3.2 Data Mining

3.3 Validation

3.4 List of Statistics

4 Cold Chain Monitoring Components Market Segment & Geographic Analysis

4.1 By Type [2013-2026]

4.2 By Application [2013-2026]

4.3 By Region [2013-2026]

5 Cold Chain Monitoring Components Market Outlook

5.1 Overview

5.2 Market Dynamics

5.2.1 Opportunities

5.2.2 Restraints

5.2.3 Drivers

5.3 Porter's Five Force Model

5.4 Value Chain Analysis

6 Cold Chain Monitoring Components Market Competitive Landscape

6.1 Overview

6.2 Key Development Policies

6.3 Company Market Standing

Browse Full Report with Facts and Figures of Cold Chain Monitoring Components Market Report at:https://www.databridgemarketresearch.com/toc/?dbmr=global-cold-chain-monitoring-components-market

At the Last, Cold Chain Monitoring Components industry report focuses on data sources, viz. primary and secondary sources, market breakdown and data triangulation, market size estimation, research programs, and design, research approach and methodology, and the publisher's disclaimer.

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