Global Cold Chain Monitoring Market Size Worth $25,963.49 Million By 2032 | CAGR: 17.7%

The Global Cold Chain Monitoring Market size is expected to reach USD 25,963.49 million by 2032, according to a new study by Polaris Market Research. The report “Global Cold Chain Monitoring Market Share, Size, Trends, Industry Analysis Report, By Component (Hardware, Software); By Logistics ((Storage (Warehouse, Cold Container), Transportation (Airways, Waterways, Railways, Roadways)); Application; By Region; Segment Forecasts, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Cold chain monitoring has become an increasingly critical component of the supply chain as businesses seek to ensure the safe transport and storage of perishable goods. The technology monitors the temperature, humidity, and other environmental factors, enabling businesses to maintain the quality and safety of their products throughout the supply chain. The demand for cold chain monitoring is on the rise, partly driven by the growth of the food and pharmaceutical industries. As these industries become more globalized, there is a growing need for reliable, efficient cold-chain logistics to transport perishable goods over long distances. This has led to an increase in cold chain monitoring technology use as businesses seek to ensure the quality and safety of their products throughout the supply chain.

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Cold chain monitoring has become an increasingly critical component of the supply chain as businesses seek to ensure the safe transport and storage of perishable goods. The technology monitors the temperature, humidity, and other environmental factors, enabling businesses to maintain the quality and safety of their products throughout the supply chain.

The demand for cold chain monitoring is on the rise, partly driven by the growth of the food and pharmaceutical industries. As these industries become more globalized, there is a growing need for reliable, efficient cold-chain logistics to transport perishable goods over long distances. This has led to an increase in cold chain monitoring technology use as businesses seek to ensure the quality and safety of their products throughout the supply chain.

As the demand for cold chain monitoring continues to grow, businesses are also looking for ways to improve the efficiency and effectiveness of their supply chain operations. This has led to new cold chain management platforms and other technologies, enabling businesses to track and manage their cold chain logistics in real-time. These platforms provide a centralized view of the supply chain, allowing firms to identify potential issues and make informed decisions quickly.

In addition to improving product quality and reducing waste, cold chain monitoring technology has important implications for food safety and public health. With the ability to monitor the temperature and other environmental conditions of perishable goods in real time, businesses can quickly identify and respond to potential issues, minimizing the risk of foodborne illness and other health hazards.

Global Cold Chain Monitoring Market Report Highlights           

• 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.
• 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.
• The global players include Daikin Industries, Orbcomm, Berlinger & Co., Sensitech, Monnit, Controlant, Savi Technology, Elpro-Buchs, Zest Labs, Securerf Corporation, Infratab, Lineage Logistics Holdings, Klinge Corporation, Temperature Monitor Solutions Africa.

Polaris Market Research has segmented the Global Cold Chain Monitoring Market report based on Component, Logistics, Application, and region:

Global Cold Chain Monitoring Market, Component Outlook (Revenue, USD Million, 2019-2032)

• • Hardware
    • RFID Devices
    • Telematics and Telemetry Devices
    • Sensors And Data Loggers
    • Networking Devices

• • Software
    • On-premises
    • Cloud-based

Global Cold Chain Monitoring Market, Logistics Outlook (Revenue, USD Million, 2019-2032)

• • Storage
    • Warehouse
    • Cold Container
  • Transportation
• Airways
• Waterways
• Railways
• Roadways

Global Cold Chain Monitoring Market, Application Outlook (Revenue, USD Million, 2019-2032)

• Fruits & Vegetables
• Fruit Pulp & Concentrates
• Dairy Products
• Fish, Meat & Seafood
• Processed Food
• Pharmaceuticals
• Bakery & Confectionaries
• Others

Global Cold Chain Monitoring Market, Regional Outlook (Revenue - USD Million, 2019-2032)

• North America

• U.S.
• Canada

• Europe

• Germany
• UK
• France
• Italy
• Spain
• Russia
• Netherlands

• Asia Pacific

• China
• India
• Japan
• South Korea
• Indonesia
• Malaysia

• Latin America

• Argentina
• Brazil
• Mexico

• Middle East & Africa

• UAE
• Saudi Arabia
• Israel
• South Africa

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