Product ID: UCMIG45E2099
Cold Chain Monitoring Market Size, Share, Growth Analysis, By Component(Hardware, RFID devices), By Logistics(Storage, Transportation), By Application(Fruits & vegetables, Fruit pulp & concentrates), By Regional(North America, Europe) - Industry Forecast 2024-2031
Report ID:
UCMIG45E2099 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
Cold Chain Monitoring Market Insights
Market Overview:
In 2018, the global cold chain monitoring market was valued at USD 14,064.4 million. It is projected to experience a compound annual growth rate (CAGR) of 18.1% from 2019 to 2025. The increasing demand for cold chain monitoring solutions is driven by various factors such as the focus of governments worldwide on improving the efficiency of supply chains for processed food, frozen food, dairy products, pharmaceuticals, and other products requiring such monitoring. Additionally, the strict regulations concerning the storage and transportation of pharmaceuticals are anticipated to further stimulate the demand for cold chain monitoring solutions.
Cold Chain Monitoring Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
To get more reports on the above market click here to
Get Free Sample
Get Free Sample
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Application Software by segment aggregation, the contribution of the Application Software in Software & Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Cold Chain Monitoring Market Report Snapshots
Want to customize this report?
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATION
USA (+1) 351-333-4748
