Cold Chain Monitoring Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2020 to 2027

The cold chain monitoring market size is expected to grow from USD 233.8 billion in 2020 to USD 345 billion by 2027 at a CAGR of 8 % from 2021 to 2027 The demand for cold chain monitoring solutions is expected to grow as several governments around the world are emphasizing on enhancing the efficiency of the supply chains of the processed food, frozen food, dairy products, and pharmaceutical products, and other products that need cold chain monitoring solutions. Stringent regulations regarding the storage and shipment of pharmaceutical products are also expected to trigger the demand for cold chain monitoring solutions. Moreover, rising private and government investments in building refrigerated warehouses and government efforts to reduce spoilage of food and other temperature-sensitive goods are expected to drive the growth of the market for cold chain monitoring over the forecast period.

The growing demand for pharmaceutical products, particularly in developing countries, is expected to drive the growth of the market for cold chain monitoring. Some pharmaceutical products happen to be extremely temperature-sensitive and effective temperature monitoring technologies are required to maintain them at desired temperatures throughout the supply chain. Temperature monitoring technologies can help in preventing product spoilage by maintaining the temperature at desired levels throughout the shipment. Other regional markets, such as the U.S. and Canada, are also expected to drive the growth of the market for cold chain monitoring as these regional markets already boast a well-developed transportation and distribution network.

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By Market Vendors:
IMC Group Limited
MadgeTech
ELPRO-BUCHS AG
ShockWatch
Global Cold Chain Solutions PTY LTD
Zebra
Tech Mahindra Limited
TeleSense
Controlant
Emerson
BT9 Ltd
Digi
Tinytags
Jointech ShenZhen Joint Technology CO., LTD

By Types:
Sensors and Data Loggers
RFID Devices
Telemetry and Telematics
Networking Devices
On-premises
Cloud-based

By Applications:
Pharmaceuticals and healthcare
Food and beverages
Chemicals

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The Cold Chain Monitoring market in APAC is expected to hold a major market share during the forecast period as countries in APAC such as China, Japan, India, and South Korea have some of the largest manufacturing facilities wherein automation of manufacturing processes has been taken as the highest priority. Also, strong competition among consumer electronics companies in APAC is likely to boost the adoption of machine vision systems in the region. The growing awareness about and demand for high-quality and zero-defect products has fuelled the need for Cold Chain Monitoring in inspection-related applications in the manufacturing fields.
However, the outbreak of COVID-19 has significantly affected the manufacturing sector of APAC. As the neighbouring countries are linked to one another through trade relations and supply chain the entire region is affected with the outbreak of COVID-19 which will have a significant impact on the said market in this region for the forecast period.

TABLE OF CONTENTS
Chapter 1. Executive Summary
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. COVID-19 Impact on Cold Chain Monitoring Market
Chapter 5. Global Cold Chain Monitoring Market Overview, By Application, 2015 - 2027(USD Million)
Chapter 6. Global Cold Chain Monitoring Market Overview, By Distribution Channel, 2015 - 2027(USD Million)
Chapter 7. Global Cold Chain Monitoring Market Overview, By Geography, 2015 - 2027(USD Million)
Chapter 8. North America Cold Chain Monitoring Market Overview, By Countries, 2015 - 2027(USD Million)
Chapter 9. Europe Cold Chain Monitoring Market Overview, By Countries, 2015 - 2027(USD Million)
Chapter 10. Asia Pacific Cold Chain Monitoring Market Overview, By Countries, 2015 - 2027 (USD Million)
Chapter 11. Middle East & Africa Cold Chain Monitoring Market Overview, By Countries, 2015 - 2027 (USD Million)
Chapter 12. South America Cold Chain Monitoring Market Overview, By Countries, 2015 - 2027 (USD Million)
Chapter 13. Competitive Landscape
Chapter 14. Key Vendor Analysis
Chapter 15. Cold Chain Monitoring Market Cost Analysis
Chapter 16. Sourcing Strategy and Downstream Buyers
Chapter 17. Marketing Strategy Analysis, Distributors/Traders
Chapter 18. Market Effect Factors Analysis
Chapter 19. Future Outlook of the Market

Reasons to Buy the Report:
• Learn about the driving factors, affecting the market growth.
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• Compare and evaluate various options affecting the market.
• Pick up on the leading market players within the market.
• Envision the restrictions and restrains that are likely to hamper the market.

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