(MENAFN- Ameliorate Digital Consultancy)
Cold Chain Monitoring Market: Global Industry Trend Analysis 2012 to 2017 and Forecast 2017 – 2025
cold chain monitoring market Forecast to 2027
The market for cold chain monitoring solutions has seen significant growth over the last decade due to increased global trade and heightened safety regulations from governments around the world. The market size was estimated at $7.2 billion in 2020 and is projected to reach $14.4 billion by 2027, representing a compound annual growth rate (CAGR) of 9.3% .
Cold chain monitoring is a supply chain monitoring/logistics solution that helps in effective tracking of perishable products, food ingredients, pharmaceutical and health care with assured freshness. Monitoring and efficient management depends on the hardware and software selected for monitoring.
To remain 'ahead' of your competitors, Click Here to Get Free Sample Copy of this Report @
The Cold Chain Monitoring Market is an increasingly important sector that is growing in size and scope as the world becomes more connected. Cold chain monitoring technology is used to ensure the safe storage, transport, and delivery of food, medicine, and other sensitive products. This technology typically involves a combination of hardware and software solutions that monitor temperature, humidity, location, and other factors in real-time.
There are several factors driving this growth including increased investment in innovative technologies, higher demand for traceability throughout the supply chain process, stringent regulations on food safety standards, and rising concerns about food wastage due to spoilage or contamination during transportation or storage.
In addition to these factors, the proliferation of cloud-based platforms has enabled companies across industries to access real-time data regarding their supply chains, making them better equipped to respond quickly to any unexpected changes in temperature or other conditions that could have a negative impact on their product integrity. Cold chain monitoring solutions can also provide predictive insights into future needs based on past experiences which can help organizations plan ahead with greater accuracy.
Global Cold Chain Monitoring Market: Participants
Examples of some of the market participants identified across the value chain include, Preferred Freezer Services, Americold Logistics, Lineage Logistics Holding LLC, Burris Logistics, and Nichirei Logistics Group Inc. Other players include Cloverleaf Cold Storage, AGRO Merchants Group, LLC, Swire Cold Storage Ltd, Kloosterboer Group, and Interstate Cold Storage Inc.
For in-depth competitive analysis, buy now@
Global Cold Chain Monitoring Market: Segmentation
By component hardware
RFID Devices Data Loggers & Sensors Telemetry & Telematics
By type
Transport Refrigerated Storage
By temperature type
By technology
By application
Dairy Vegetables Meat, Fish & Sea Food Pharmaceutical Medicines Fruits Bakery & Confectionery
By logistics
Transportation Storage Applications
Click Here To get Table of Content @
Overall, there is no doubt that Cold Chain Monitoring Market will continue its rapid expansion over the next few years as businesses recognize its importance for managing risk throughout their entire supply chain process. With no signs of slowing down anytime soon it will be interesting to see what new applications emerge from this rapidly evolving industry segment in the coming years.
Request you to Read More-
offshore support vessel services market
beverage refrigeration equipment market
About us: –
Business intelligence is the foundation of every business model employed by Persistence Market Research. Multi-dimensional sources are being put to work, which include big data, customer experience analytics, and real-time data collection. Thus, working on“micros” by Persistence Market Research helps companies overcome their“macro” business challenges.
Contact Us:
Persistence market research
Address – 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales –