Cold Chain Monitoring Market to Witness Huge Growth by Key Players: Sensitech, ORBCOMM, Berlinger & Co, Monnit Corporation, Controlant, SecureRF Corporation, Savi Technology, Infratab and Others.

According to Market Study Report, Cold Chain Monitoring Market provides a comprehensive analysis of the Cold Chain Monitoring Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape and emerging opportunities of global industry. This report also provides market landscape and market share information in the Cold Chain Monitoring Market. An exclusive data offered in this report is collected by research and industry experts team.

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The Cold Chain Monitoring Market 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. This report spread across 162 pages, profiling 10 companies and supported with 65 tables and 50 figures are now available in this research.

Top Key Players Profiled in the Cold Chain Monitoring Market:
o Sensitech (US)
o ORBCOMM (US)
o Berlinger & Co. (Switzerland)
o Monnit Corporation (US)
o Controlant (Iceland)
o Elpro-Buchs (Switzerland)
o SecureRF Corporation (US)
o Savi Technology (US)
o Zest Labs (US)
o Infratab (US)

"Software component to grow at higher CAGR between 2018 and 2023"
The market for the software segment is expected to grow at a higher CAGR between 2018 and 2023. The software helps to improve the efficiency of complex cold chain management that needs fast execution, high precision, and appropriate temperature control upon every transaction, that is, reception, storage, release, transportation, and distribution of goods. The growth of the software segment is attributed to the value added by analytical and predictive tools, which help provide real-time information on the cold chain.

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"Cold chain monitoring market for transportation to grow at higher CAGR between 2018 and 2023"
The high growth of the transportation segment is driven by the growing distribution network of the cold chain. Nowadays, cold chains have become vital for modern supply chain solutions, transporting larger volumes of more sensitive or vital cargo over greater distances through diverse climatic conditions. Being prone to environmental variations, cargo needs to be maintained at a specific temperature or within an acceptable temperature range, which is also driving the growth of the market for the transportation segment.

"Cold chain monitoring market in APAC to grow at highest CAGR between 2018 and 2023"
The highest growth of the market in APAC can be attributed to the pharmaceuticals industry, which is growing in the region with the increasing number of people being brought under the healthcare umbrella through the governmental efforts in various countries. Due to the economic boom within the emerging countries in APAC, vaccines and biologics have become more accessible for the local markets.

Breakdown of primary participants' profile:
o By Company Type: Tier 1--25%, Tier 2--45%, and Tier 3--30%
o By Designation: C-Level Executives--45%, Directors--35%, and Others--20%
o By Region: Americas--35%, Europe--30%, APAC--25%, and RoW--10%

Competitive Landscape of Cold Chain Monitoring Market
1 Introduction
2 Ranking of Top Players in Cold Chain Monitoring Market (2017)
3 Competitive Situations and Trends
3.1 Product Launches and Product Developments
3.2 Partnerships, Contracts, Agreements, Collaborations, and Expansions
3.3 Mergers & Acquisitions

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Research Coverage:
This report covers the cold chain monitoring market based on component, application, logistics, and region. A detailed analysis of the key industry players has been done to provide insights into their business, products and services, and key strategies, such as product launches and developments, related to the cold chain monitoring market.

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