Rising Investments in Refrigerated Warehouses Propel Growth in the Global Cold Chain Monitoring Market

Dublin, Sept. 19, 2023 (GLOBE NEWSWIRE) -- The "Global Cold Chain Monitoring Market by Offering (Hardware, Software), Application (Chemicals, Food & Beverage, Pharmaceuticals & Healthcare), Logistics - Cumulative Impact of COVID-19, Russia Ukraine Conflict, and High Inflation - Forecast 2023-2030" report has been added to ResearchAndMarkets.com's offering.

The Global Cold Chain Monitoring Market, with a size estimated at USD 3.62 billion in 2022, has seen substantial expansion, reaching USD 4.09 billion in 2023.

This growth is poised to continue at a remarkable Compound Annual Growth Rate (CAGR) of 13.47%, ultimately surging to an impressive USD 9.96 billion by 2030.

Market Segmentation & Coverage:

This in-depth research report delves into the intricacies of the Global Cold Chain Monitoring Market, providing valuable insights, forecasting revenues, and analyzing trends across various sub-markets:

Offering: The market is categorized into Hardware and Software. Hardware, which includes Networking Devices, RFID Devices, Sensors & Data Loggers, and Telematics & Telemetry Devices, has shown significant potential. However, Software is projected to witness substantial market share growth during the forecast period.

Application: Three key application sectors are examined—Chemicals, Food & Beverage, and Pharmaceuticals & Healthcare. The Pharmaceuticals & Healthcare sector is poised to experience substantial market share growth during the forecast period.

Logistics: The market encompasses a wide range of logistics options, including Airways, Cold Containers, Railways, Roadways, Transportation, Warehouses, and Waterways. Notably, Waterways are projected to witness significant market share growth in the coming years.

Region: The report offers an in-depth regional analysis, covering the Americas, Asia-Pacific, and Europe, Middle East & Africa. Key countries within these regions are also highlighted, providing a granular view of market dynamics. The Americas commanded the largest market share of 38.75% in 2022, followed by Europe, Middle East & Africa.

Market Dynamics:

The report dives into the factors driving and inhibiting market growth, offering insights into opportunities and challenges:


  • Growing focus on supply chain efficiency and transparency
  • Increasing need for temperature-sensitive drugs
  • Rising emphasis on reducing food wastage during transportation


  • Lack of standardization and high operational costs


  • Increasing penetration of cold chain logistics through domestic food & pharma delivery apps
  • Advancements in cold chain monitoring solutions
  • Rising investments in building refrigerated warehouses


  • Lack of required cold chain infrastructure in low-income countries

The report provides insights on several key pointers:

Market Penetration: It offers comprehensive information on the market provided by key players.

Market Development: The report delves into lucrative emerging markets and analyzes penetration across mature segments of the market.

Market Diversification: It provides detailed information about new product launches, untapped geographies, recent developments, and investments.

Market Trends: The report offers a comprehensive understanding of the cumulative impact of COVID-19, the Russia-Ukraine Conflict, and High Inflation.

Competitive Assessment & Intelligence: The report exhaustively assesses market shares, strategies, products, certifications, regulatory approvals, patent landscapes, and manufacturing capabilities of the leading players.

Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report answers critical questions, including:

  • What is the market size and forecast of the Global Cold Chain Monitoring Market?
  • How have inhibiting factors and the impact of COVID-19 shaped the Global Cold Chain Monitoring Market during the forecast period?
  • Which products/segments/applications/areas are ideal for investment in the Global Cold Chain Monitoring Market?
  • What is the competitive strategic window for opportunities in the Global Cold Chain Monitoring Market?
  • What are the prevailing technology trends and regulatory frameworks in the Global Cold Chain Monitoring Market?
  • What is the market share of the leading vendors in the Global Cold Chain Monitoring Market?
  • What modes and strategic moves are considered suitable for entering the Global Cold Chain Monitoring Market?

Key Attributes:

  • No. of Pages: 189
  • Forecast Period: 2023 - 2030
  • Estimated Market Value (USD) in 2023: $4.09 Billion
  • Forecasted Market Value (USD) by 2030: $9.96 Billion
  • Compound Annual Growth Rate: 13.4%
  • Regions Covered: Global

Companies Mentioned

  • Ambetronics Engineers Pvt.Ltd.
  • Berlinger & Co. AG
  • Carrier Global Corporation
  • Controlant hf.
  • Daikin Industries, Ltd.
  • Elpro-buchs AG
  • Klinge Corporation
  • Lineage Logistics, LLC
  • Logistimo India Private Limited
  • Monnit Corporation
  • NXP Semiconductors N.V.
  • Orbcomm, LLC
  • Parsyl Inc.
  • Verigo
  • Zest Labs Inc. by Ecoark Holdings, Inc.

For more information about this report visit https://www.researchandmarkets.com/r/dedctz

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.


Global Cold Chain Monitoring Market

Contact Data