Press Release

Global Cold Chain Tracking and Monitoring Market is Expected to Reach US$ 7.2 Billion by 2025

Date : Dec 14, 2018

New report published by Global QYResearch which offers insights on the global Cold Chain Tracking and Monitoring market. The Cold Chain Tracking and Monitoring market has been experiencing steady growth graph since past years. The global Cold Chain Tracking and Monitoring market is valued at 3,586.2 million USD in 2017 and is expected to reach 7,187.6 million USD by the end of 2025, growing at a CAGR of 10.44% between 2017 and 2025.

Global Cold Chain Tracking and Monitoring Market: Market Driver and Restraint

Applications of Cold Chain Tracking and Monitoring are anticipated to create new business segments in the market. Cold Chain Tracking and Monitoring is in use for a broad range of Food and Beverages and Pharma & Healthcare fields.

Cold Chain Monitoring is a logistics / supply chain monitoring solution that helps to track the perishable products, eatables and food items with assured freshness and palatability. It effectively uses predictive, descriptive and real time analytics along with near real time telemetry depending upon the business need to provide a complete solution across the fleet cycle.

Global Cold Chain Tracking and Monitoring Market: Key Takeaways

  • The Growth In Packaged Food Industry, Stern Pharmaceutical Regulations, And Increase In Demand Of Food Processing To Reduce Wastage Has Supplemented The Market Growth.
  • Cold Chain Tracking And Monitoring Refers To Maintaining A Given Temperature Range In Cold Storages. As The Quality Of Food Stock Is Highly Dependent On Temperature Consistency, A Series Of Sensors And Controlling Devices Are Used To Monitor It. The Cold Chains Are Used To Store Perishable Food Items, Which Are Supplied In Army Camps, Pharmaceuticals, And Remote Areas.

Global Cold Chain Tracking and Monitoring Market: Forecast by Type

In this report,the software and hardware products used in cold chain monitoring are counted. Hardware products are including Data Loggers & Sensors, RFID Devices, Telemetry & Telematics, and Networking Devices; the Software products are On-premises type and Cloud-based type.

Global Cold Chain Tracking and Monitoring Market: Forecast by Application

Application segment consists of Pharma & Healthcare, Food & Beverage and others. Report data showed that the largest application in the Cold Chain Tracking and Monitoring market is Food & Beverage in 2017.

Global Cold Chain Tracking and Monitoring Market: Forecast by Region

Geographically, this report is segmented into several key Regions, with revenue, market share and growth rate of Cold Chain Tracking and Monitoring in these regions, from 2013 to 2025 (forecast), covering North America, China, Europe, Rest of Asia Pacific, LAMEA, Southeast Asia and Other regions.

Global Cold Chain Tracking and Monitoring Market: Key Players

Sensitech, Inc.ORBCOMM, Testo, Rotronic, ELPRO-BUCHS AG, Emerson, Nietzsche Enterprise, NXP Semiconductors NV, Signatrol, Haier Biomedical, Monnit Corporation, Berlinger & Co AG, Cold Chain Technologies, LogTag Recorders Ltd, Omega, Dickson, ZeDA Instruments, Oceasoft, The IMC Group Ltd, Duoxieyun, Controlant Ehf, Gemalto, Infratab, Inc., Zest Labs, Inc., vTrack Cold Chain Monitoring, SecureRF Corp., Jucsan and Maven Systems Pvt Ltd.are the key vendors included in this report.

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