The market value of cold chain tracking will reach 1.8 billion euros by 2028.
Berg Insight has announced a new research report on the cold chain tracking and monitoring market. According to Berg Insight's forecasts, the number of shipments of cellular or satellite communication-enabled remote tracking systems for refrigerated cargo transport units reached 765,000 units worldwide in 2023. It is expected to grow at a compound annual growth rate (CAGR) of 8.7%, reaching nearly 1.2 million units by 2028. During the same period, the number of active remote tracking systems installed for refrigerated cargo transport units is projected to grow from 2.7 million units at the end of 2023 to 4.5 million units by 2028, with a CAGR of 10.8%. This market segment is expected to experience rapid growth in the coming years due to anticipated price reductions and the introduction of smart labels and other devices with very small installation footprints. [Contents] ■ Overview of global cargo transport ■ Cold chain industry ■ Market forecasts and trends ■ Cold chain tracking solution providers
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Publisher: Berg Insights Publication Month: January 2025 Report Language: English *For more details, please visit our website or refer to the sample materials.
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