What is cold chain tracking and monitoring?

Cold chain tracking and monitoring refers to the practice of tracking temperature, humidity, and other environmental conditions for perishable goods as they travel along their supply chains. It ensures they remain within their required temperature range in order to preserve freshness and quality while remaining fresh for customers.

What is the projected market size and growth rate of the Cold Chain Tracking And Monitoring Market?

The Global Cold Chain Tracking and Monitoring Market size was estimated at USD 5.7 billion in 2022 and expected to reach around USD 24.1 billion by 2032 , poised to grow at a compound annual growth rate (CAGR) of 15.5% during the forecast period 2023 to 2032.

What are the key driving factors for the growth of the Cold Chain Tracking And Monitoring Market?

Key drivers for growth of the Cold Chain Tracking and Monitoring market include: An increase in temperature-sensitive products like food, pharmaceuticals and vaccines. Increased understanding of food safety and quality; regulatory mandates on these issues Technological developments in cold chain tracking and monitoring solutions.

What are the top players operating in the Cold Chain Tracking And Monitoring Market?

The top players operating in the cold chain tracking and monitoring market include: Sensitech Inc., Emerson Electric Co., Digi International Inc., Controlant, Carrier, ELPRO-BUCHS AG, Berlinger & Co. AG, Geotab Inc., Monnit Corporation, Zest Labs Inc., Infratab Inc., Hanwell Solutions, americold logistics llc., Thales Group, Omega Engineering Inc., and Other Key Players.

Cold Chain Tracking and Monitoring Market CAGR of 15.5%

Global Cold Chain Tracking and Monitoring Market Size, Share, Trends Analysis Report By Component (Hardware and Software), By Solution (Storage and Transportation), By End-User (Food & Beverages, Pharmaceuticals, Chemical, Other End-Users), By Region and Companies – Industry Segment Outlook, Market Assessment, Competition Scenario, Trends, and Forecast 2023-2032

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