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Growing frozen food and pharmaceutical industry demanding the Cold Chain Monitoring

Cold Chain Monitoring Market, By Components (Sensors, RF Devices, Telematics Device, Software), By Application (Pharmaceutical, Chemicals, Foods & Bev
Ashish Gaiogwad | 15.12.2016
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Overview

The global market for Cold Chain Monitoring is majorly driven by factors such as growing frozen food industry and pharmaceutical industry. Global Cold Chain Monitoring Market is expected to reach US ~$7 billion in the year 2022.

Advancement and arrival of new efficient technology to monitor the perishable food and other perishable cargo are some of the key factor which is supporting the market of Cold Chain Monitoring. It is expected to the market will grow at CAGR of ~10$ during the forecast period and expected to reach market size of US ~7 billion by the end of forecast period.

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Major Key Players

• ORBCOMM (U.S.)
• Sensitech, Inc. (U.S.)
• Infratab Inc. (U.S.)
• Monnit Corporation (U.S.)
• Zest Labs, Inc. (U.S.)
• Sensitech Inc. (U.S.)
• NEC Corp. (Japan)
• Controlant EHF (Iceland)
• NXP Semiconductors N.V. (Netherlands)
• Berlinger & Co. AG (Switzerland)

Research Analysis:

Market Research Future Analysis shows that Cold Chain Monitoring market has huge opportunities in the upcoming future. As the Asian countries are growing and expenditure of individual is increasing, it will lead to the high demand for the frozen foods which will lead to the high growth of Cold Chain Monitoring. Another industry which is expected to drive the market of Cold Chain Monitoring is pharmaceutical and chemical. As these industries are growing around the world, it is expected that market of cold chain monitoring will grow simultaneously.

Study Objectives of Cold Chain Monitoring:

• To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the Global Cold Chain Monitoring
• To provide insights about factors affecting the market growth.
• To analyze the Cold Chain Monitoring market based porter’s five force analysis etc.
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW)
• To provide country level analysis of the market with respect to the current market size and future prospective
• To provide country level analysis of the market for segment by components, application, logistics and sub-segments
• To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Cold Chain Monitoring Market

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Market Research Future
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