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The cold chain monitoring market is expected to grow from USD 3.80 billion in 2018 to USD 6.46 billion by 2023, at a CAGR of 11.17% between 2018 and 2023NEW YORK, August 27, 2018 /PRNewswire/ -- Cold chain monitoring market projected to grow at a CAGR of 11.17% during forecast period Cold chain monitoring market in APAC to grow at highest CAGR between 2018 and 2023 The highest growth of the market in APAC can be attributed to the pharmaceuticals industry, which is growing in the region with the increasing number of people being brought under the healthcare umbrella through the governmental efforts in various countries.Due to the economic boom within the emerging countries in APAC, vaccines and biologics have become more accessible for the local markets. Also, consumers are looking for fast food and convenient food items, which has fueled the growth of supermarkets and quick-service restaurants.This has led to the growth in the sales of consumer-ready frozen foods, such as ice-creams and frozen desserts, frozen fruits and vegetables, seafood, and meat. The Americas held the largest market for cold chain monitoring in 2017. In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key experts. The breakup of the profiles of primary participants is as follows: • By Company Type: Tier 1—25 %, Tier 2—45%, and Tier 3—30% • By Designation: C-Level Executives—45%, Directors—35%, and Others—20% • By Region: Americas—35%, Europe—30%, APAC—25%, and RoW—10% Companies that provide a range of customized solutions to customers are expected to emerge as game changers. This report profiles the following key Cold chain monitoring manufacturers in this market: 1. Sensitech (US) 2. ORBCOMM (US) 3. Berlinger & Co. (Switzerland) 4. Monnit Corporation (US) 5. Controlant (Iceland) 6. Elpro-Buchs (Switzerland) 7. SecureRF Corporation (US) 8. Savi Technology (US) 9. Zest Labs (US) 10. Infratab (US) Research Coverage This report covers the cold chain monitoring market based on component, application, logistics, and region. A detailed analysis of the key industry players has been done to provide insights into their business, products and services, and key strategies, such as product launches and developments, related to the cold chain monitoring market. Key Benefits of Buying This Report 1. This report segments the overall market comprehensively and provides the closest approximations of the global cold chain monitoring market size and that of the subsegments across verticals and regions. 2. The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities pertaining to the cold chain monitoring market. 3. This report would help stakeholders better understand their competitors and gain more insights to enhance their position in the market. The competitive landscape section includes competitor ecosystem, and product developments in the cold chain monitoring market. Read the full report: https://www.reportlinker.com/p04466099 About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 SOURCE Reportlinker |