Global Cold Chain Monitoring Equipment for Transportation Sales Market by Type (Sensors and data loggers, RFID devices, Telemetry and telematics, Networking devices), By Application (Airways, Waterways, Roadways, Railways) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

The Global Cold Chain Monitoring Equipment For Transportation Market size is projected to reach $XX.X billion by 2028, growing at a CAGR of 5% during the forecast period from 2021-2028. The global cold chain monitoring equipment for the transportation market has been segmented on the basis of type (sensors and data loggers, RFID devices, telemetry and telematics, networking devices), application (airways, waterways, roadways), and region (North America).

The cold chain monitoring equipment for transportation is a network of technologies, procedures, and services that together ensure the safe handling, transport, and storage of temperature-sensitive products. The importance of cold chain monitoring equipment for transportation can be understood from its ability to prevent food wastage by maintaining required temperatures throughout the supply process. The cold chain monitoring equipment works by collecting data from a variety of sensors and transmitting them to the cloud. By using advanced software, these devices can provide real-time information on multiple parameters such as temperature, humidity, vibration, etc.

On the basis of Type, the global cold chain monitoring equipment for the transportation market is segmented into sensors and data loggers, RFID devices, telemetry and telematics, networking devices.

Sensors And Data Loggers:

Sensors and data loggers type of cold chain monitoring equipment for transportation is used to monitor temperature at any point during the transport process. They are also known as smart devices that provide instant alerts on deviations in temperature or humidity levels. There are many benefits of sensors and data loggers such as they provide real-time information, reducing the time required to produce a product. They also eliminate overproduction which in turn reduces wastage of raw materials and energy consumption.

To begin with, sensors and data loggers work as a vital part of the cold chain to provide crucial information which is used by different stakeholders involved in monitoring. The various types of sensor technologies that are available include: Temperature Sensors – These devices measure temperature fluctuations within the storage or transportation containers and can be either installed outside or inside such units depending on their applications. They also record other parameters like humidity and pressure for further analysis. This enables users to identify issues related to equipment failure, contamination, etc. before they grow out of hand thus ensuring safe delivery conditions throughout the supply chain cycle. Location Tracking Tags – As companies continue investing heavily towards expanding their distribution networks across several countries, location tracking tags enable managers to determine key facts about goods at each stage of the supply chain cycle and ensure higher efficiency along with better inventory management. These tags can be either active or passive in nature, but they help managers to track real-time locations as well as keep a record of all key factors related to goods throughout their entire lifecycle. Wireless Sensor Tags – This is yet another instrument that enables companies to monitor product conditions virtually at every point of the supply chain cycle. They are small electronic devices that include an antenna and memory chip for storing information about various parameters like pressure, temperature, etc., which makes it possible for users to trace any deviations immediately without having read much about them earlier. Most wireless sensor tags send data via cellular network thus enabling users to access this kind of information anytime from anywhere using internet-enabled systems.

RFID Devices:

RFID devices are used for knowing the location of an item or product. It is widely used in cold chain monitoring equipment for transportation as it helps to know the condition of products during transit and thus provides efficient delivery service. RFID devices are used to track and monitor temperature-sensitive goods during transportation. It uses radio frequencies as a medium of communication between readers and tags attached with assets for tracking purposes. Generally, an RFID device is fixed on the package or pallet containing cold chain products such as pharmaceuticals, food items, etc.

RFID devices are very small, battery-powered electronic tags that store data about the temperature of storage or transit. These were created to help track goods over their journey from source to destination and can be attached directly onto products or containers using adhesive labels. It is also able to communicate with sensors located at fixed intervals along a supply chain route through radiofrequency technology without requiring line-of-sight access between them. This type of cold chain monitoring equipment for transportation has many advantages as it generates real-time location information on shipments in transit which allows companies to see exactly where they are during the entire conveyance process. There are a few Disadvantages like this type of device cannot record high temperatures only low ones, batteries would need replacing before every shipment - the battery life is about 12 months.

Telemetry And Telematics:

Telemetry and telematics type of cold chain monitoring equipment for transportation is the process by which measurements are made at remote locations using sensors, data loggers, or wireless networks. This technology can be used to monitor environmental conditions such as temperature, humidity levels, etc. Telemetry and telematics is a process by which measurements are transmitted from one point to another. In the case of logistics, it refers to sending data back from the sensor at any location in order for an operator or central computer system to monitor performance parameters such as temperature variations, humidity levels, etc. Telemetric cold chain monitoring equipment for transportation can be used alone or with other devices that help track shipments along their journey. The device receives information using wireless technology either through GPS signals or radio frequencies (RFID) so that no matter where you are located, you will know exactly how your shipment is performing during transit.

Network Devices:

Network devices are a type of cold chain monitoring equipment for transportation. They provide information related to the temperature and humidity levels in transport vehicles and other storage units, along with alerts when certain parameters fall outside pre-defined limits. The networking devices type of cold chain monitoring equipment for transportation works by collecting data from the sensors and other telemetry devices. The collected data is processed, stored, and forwarded to a remote location where it can be analyzed in real-time or later when connectivity becomes available again. There are several benefits of the networking devices type of cold chain monitoring equipment for transportation. This is because it helps in increasing efficiency and productivity while reducing operational costs. Additionally, with this technology, you can easily monitor all types of refrigerated containers without requiring any effort from your side. Finally, they also help in providing real-time visibility to control centers about various shipping activities including shipment scheduling & planning along with container loading/unloading, etc.

On the basis of Application, the global cold chain monitoring equipment for the transportation market is segmented into Airways (Including Marine), Waterways (Including Inland & Coastal), Roadways (Including Railways).

Airways (Including Marine):

The cold chain monitoring equipment is used to monitor and track temperature maintained during the transportation of food and pharmaceutical products in the airline industry. The monitored data helps human resources, inventory control teams as well as cargo management teams by providing them real-time information about product conditions at any given time. The use of cold chain monitoring equipment in the marine industry is very important for ensuring compliance with food safety regulations. In this sector, sensors and data loggers are used to monitor temperature conditions that could cause product degradation or spoilage.

Waterways (Including Inland & Coastal):

RFID devices are used to track shipments in the waterways industry. This technology is being used by several companies that have a need for keeping tabs on their cargo items through shipping lanes, inland waterways, and ports. Cold chain monitoring equipment is used in many different ways in the inland waterways industry. For example, when one needs to transport goods by boat it is critical that they do not go bad while being transported for a long period of time or risk loss. Cold chain monitoring equipment will be able to tell if the product has gone bad and needs to be removed from service before damage is done. This can save hundreds of thousands of dollars on losses per year because companies know exactly how much cargo was moved each day with no problems. That way, they don’t have to pay as many insurance premiums either! Cold chain monitoring equipment is used in the coastal waterways industry to monitor and control vital cargo items. The cold chain can be monitored at different points, such as point of origin (e.g. farm or factory), waterway port (especially during loading/unloading activities), and destination (at drop-off). It ensures that sensitive goods are not exposed to heat for longer than necessary before arriving at their final destination.

Roadways (Including Railways):

There are several ways in which cold chain monitoring equipment is used by the companies working within Roadways. For example, a company may choose to monitor the transportation of milk or other perishable food items via a refrigerated truck that has been fitted with sensors and data loggers to ensure safety standards have been met during transport. RFID devices can be integrated into crates containing sensitive products so as to track their movement from initial delivery point through to final destination, while telemetry and telematics can also provide an accurate overview of how these goods are being handled throughout the entire supply chain process. Sensors measuring humidity levels at different points along the journey will prove useful for determining whether conditions have become too hot - jeopardizing product freshness - whereas those checking for too much moisture or condensation will indicate whether the product is being stored in a humid environment, which can lead to mold growth. Networking devices are able to gather data from all sensors and report it back to a central location where it can be analyzed by experts via a dedicated software platform that helps identify any anomalies associated with temperature fluctuations or other issues along the route. Cold chain monitoring equipment is used to monitor temperature conditions in the railway industry. Temperature variations can affect product quality, stability, and safety, which results in economic loss for food manufacturers. Cold chain monitoring is used in all aspects of transport including storage facilities within a supply network, goods handling at specialized terminals or process points along the route as well as during transportation itself.

On the basis of Region, the global cold chain monitoring equipment for the transportation market is segmented into North America, Latin America, Europe, and the Asia Pacific. North America accounted for the largest share of the global cold chain monitoring equipment for the transportation market in 2018, followed by Europe. The large share can be attributed to factors such as the rise in the food processing industry across these regions is a major driver for this regional market during the forecast period. Additionally, Asia Pacific has been estimated to be the fastest-growing region due to a rapidly developing economy with a focus on development via investments which boost growth opportunities for this regional market during the forecast period.

Growth Factors For The Global Cold Chain Monitoring Equipment For Transportation Market:

The global cold chain monitoring equipment for the transportation market is anticipated to experience significant growth over the forecast period. The major factors driving this growth are technological advancements, increasing demand for temperature-controlled logistics services across regions, and a growing number of food & beverage manufacturers adopting end-to-end supply chains in order to provide sustainable solutions with enhanced customer value propositions. Furthermore, the growth factors for this market include: increasing shipment and production volumes of perishable goods, growing consumer demand for quality products, the need to maintain food safety, stringent government regulations regarding storage facilities and transportation vehicles.

Up Market Research published a new report titled “Cold Chain Monitoring Equipment for Transportation Sales Market research report which is segmented by Types (Sensors and data loggers, RFID devices, Telemetry and telematics, Networking devices), By Applications (Airways, Waterways, Roadways, Railways), By Players/Companies Sensitech, Inc., ORBCOMM, Berlinger & Co AG, Monnit Corporation, Elpro-Buchs AG, Controlant Ehf, Securerf Corporation, Savi Technology, Zest Labs, Inc., Infratab Inc”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Cold Chain Monitoring Equipment for Transportation Sales Market Report Segments:

The market is segmented by Type Sensors and data loggers, RFID devices, Telemetry and telematics, Networking devices and By Application Airways, Waterways, Roadways, Railways.

Some of the companies that are profiled in this report are:

1. Sensitech, Inc.
2. ORBCOMM
3. Berlinger & Co AG
4. Monnit Corporation
5. Elpro-Buchs AG
6. Controlant Ehf
7. Securerf Corporation
8. Savi Technology
9. Zest Labs, Inc.
10. Infratab Inc

Cold Chain Monitoring Equipment for Transportation Sales Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Cold Chain Monitoring Equipment for Transportation Sales Market

Overview of the regional outlook of the Cold Chain Monitoring Equipment for Transportation Sales Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Cold Chain Monitoring Equipment for Transportation Sales Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Cold Chain Monitoring Equipment for Transportation Sales Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.
6. By Type:

                1. Sensors and data loggers

                2. RFID devices

                3. Telemetry and telematics

                4. Networking devices

                1. Airways

                2. Waterways

                3. Roadways

                4. Railways

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Cold Chain Monitoring Equipment for Transportation Sales Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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Reasons to Purchase the Cold Chain Monitoring Equipment for Transportation Sales Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.