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With 17.7% CAGR, Cold Chain Monitoring Market Size Value To Reach USD 25,963.49 Million By 2032

09-25-2024 07:36 AM CET | IT, New Media & Software

Press release from: Polaris Market Research & Consulting

Cold Chain Monitoring Market

Cold Chain Monitoring Market

The cold chain monitoring market size was valued at USD 5,284.14 million in 2022. The market is projected to grow to USD 25,963.49 million by 2032, exhibiting a compound annual growth rate (CAGR) of 17.7% from 2023 to 2032.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ž๐Ÿ๐ข๐ง๐ข๐ญ๐ข๐จ๐ง:

Cold chain monitoring is an intricate supply system that makes use of IoT technology to supervise perishable items such as vaccines, chemicals, and pharmaceutical products that need precise temperature regulation. Conducting real-time tracking and collecting important data about the item helps maintain the product's quality throughout production, storage, and transportation. Furthermore, maintaining cold chain monitoring extends the freshness of fresh and frozen food products by guaranteeing they are always kept at the appropriate temperature. It also offers a quality assurance system. At present, they are categorized into various systems and solutions for commercial purposes.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐…๐จ๐ซ ๐š ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐ฐ๐ข๐ญ๐ก ๐€๐ง ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐‹๐จ๐จ๐ค ๐š๐ญ ๐ญ๐ก๐ž ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ ๐š๐ง๐ ๐”๐ฉ๐œ๐จ๐ฆ๐ข๐ง๐  ๐€๐๐ฏ๐š๐ง๐œ๐ž๐ฆ๐ž๐ง๐ญ๐ฌ: https://www.polarismarketresearch.com/industry-analysis/cold-chain-monitoring-market/request-for-sample

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ:

โ— Precise temperature control is essential for many drugs and vaccines in the healthcare sector to maintain their effectiveness. The increasing demand for both fresh and frozen food products is a major driver of expansion.
โ— Advancements in various areas have also played a significant role in the improvement of technologies used to monitor cold chain systems. The program aims to improve food quality and reduce waste by promoting the use of modern technologies such as temperature-controlled storage units and vehicles.

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

Leading companies in the global market prioritize strategic acquisitions to enhance their R&D capabilities and gain a competitive advantage, allowing them to provide users with innovative products. Here is the list of the leading companies operating in the cold chain monitoring market:

โ€ข Daikin Industries
โ€ข Orbcomm
โ€ข Berlinger & Co.
โ€ข Sensitech
โ€ข Monnit
โ€ข Controlant
โ€ข Savi Technology
โ€ข Elpro-Buchs
โ€ข Zest Labs
โ€ข Securerf Corporation
โ€ข Infratab
โ€ข Lineage Logistics Holdings
โ€ข Klinge Corporation
โ€ข Temperature Monitor Solutions Africa.

๐๐ž๐ž๐ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง? ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐ฆ๐จ๐ซ๐ž ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐›๐ž๐Ÿ๐จ๐ซ๐ž ๐ฉ๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž: https://www.polarismarketresearch.com/industry-analysis/cold-chain-monitoring-market/inquire-before-buying

๐‚๐จ๐ฅ๐ ๐‚๐ก๐š๐ข๐ง ๐Œ๐จ๐ง๐ข๐ญ๐จ๐ซ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ

โ€ข Cloud-based solutions are the most rapidly expanding segment within the software category, with an increasing number of companies opting for cloud-based technologies to enhance their operational efficiency and lower expenses.
โ€ข Roadways currently dominate the transportation segment, accounting for the majority share, as they are the preferred mode of transportation for perishable goods that require temperature control.

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

The cold chain monitoring market is mainly segmented based on form, component, logistics, application, and region. Based on the component analysis, during the projection period, the software (Cloud-based) segment is anticipated to witness the fastest growth. An increasing number of companies are opting for cloud-based technologies to streamline operations and reduce costs.

Furthermore, according to the logistics analysis, in 2022, the roadways segment held the largest market share because they are the most commonly used way of transporting goods that need specific temperature conditions.

๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/cold-chain-monitoring-market

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

The regional analysis section breaks down the market into specific geographic regions and analyzes the unique trends and characteristics within each region. The geographic analysis in our research report has been done at the national, regional, and global levels. It assesses the size of the Cold Chain Monitoring Market in all the major regions and sub-regions worldwide. Besides, it analyzes the market share and growth rates of the market in different regions. Regional analysis can help businesses understand regional variations in consumer preferences and buying habits. Besides, it can help identify the influence of cultural factors on consumer behavior in different regions and sub-regions.

The key regions and sub-regions covered in the research study are:
โ€ข North America (US, Canada)
โ€ข Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
โ€ข Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
โ€ข Latin America (Brazil, Mexico, Argentina)
โ€ข Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐๐Œ๐‘ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐‚๐จ๐ฏ๐ž๐ซ๐š๐ ๐ž ๐Ÿ๐ซ๐จ๐ฆ ๐ƒ๐ข๐Ÿ๐Ÿ๐ž๐ซ๐ž๐ง๐ญ ๐๐ฎ๐›๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง๐ฌ:

Crypto Wallet Market: https://www.whatech.com/og/markets-research/it/885299-by-2030-crypto-wallet-market-to-be-valued-at-usd-48-42-billion-flourishing-at-a-cagr-of-24-31.html

Data Centric Security Market: https://www.whatech.com/og/markets-research/it/885343-data-centric-security-market-set-for-strong-growth-at-23-99-cagr-reaching-usd-23-62-billion-by-2030.html

Passenger Information Systems Market: https://www.whatech.com/og/markets-research/it/885974-passenger-information-system-market-revenue-to-cross-usd-65-21-billion-by-2030-registering-at-a-cagr-of-11-90-exclusive-study-by-polaris-market-research.html

Pharmacy Automation Market: https://www.whatech.com/og/markets-research/it/885979-pharmacy-automation-market-set-for-robust-expansion-projected-value-of-usd-10-4-billion-by-2030.html

5G Services Market: https://www.whatech.com/og/markets-research/it/883679-rapid-growth-of-5g-services-market-to-480-90-billion-usd-projected-cagr-of-30-0-by-2030.html

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:
Likhil G
8 The Green Ste 19824,
Dover, DE 19901,
United States
Phone: +1-929 297-9727
Email: sales@polarismarketresearch.com
Web: https://www.polarismarketresearch.com
Follow Us: LinkedIn | Twitter

๐€๐›๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก & ๐‚๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐ˆ๐ง๐œ:

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.

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