Global Cold Chain Tracking and Monitoring Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Component;

Hardware and Software.

By Logistics;

Storage and Transportation.

By Application;

Pharmaceuticals & Healthcare, Food & Beverages, and Chemicals.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn147393792 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Cold Chain Tracking and Monitoring Market (USD Million), 2021 - 2031

In the year 2024, the Global Cold Chain Tracking and Monitoring Market was valued at USD 7,345.43 million. The size of this market is expected to increase to USD 16,857.23 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 12.6%.

The Global Cold Chain Tracking and Monitoring Market plays a critical role in ensuring the safe and efficient transportation and storage of temperature-sensitive products across diverse industries worldwide. This market encompasses a wide range of technologies and solutions designed to monitor and track perishable goods throughout the cold chain, from production facilities to end consumers. The primary objective of cold chain tracking and monitoring is to maintain optimal environmental conditions such as temperature, humidity, and location, thereby preserving product quality, safety, and compliance with regulatory standards.

Driven by the increasing globalization of trade and consumer demand for fresh and high-quality perishable products, the cold chain tracking and monitoring market has experienced significant growth. Industries such as pharmaceuticals, food and beverages, healthcare, and chemicals heavily rely on robust cold chain logistics to ensure the integrity of temperature-sensitive goods. Technological advancements, including IoT-enabled sensors, real-time monitoring systems, and predictive analytics, have revolutionized cold chain management by providing stakeholders with actionable insights and proactive measures to prevent potential disruptions and minimize product losses.

As the global supply chain becomes more interconnected and complex, the role of cold chain tracking and monitoring continues to evolve. Companies across the globe are investing in innovative solutions to enhance visibility, efficiency, and sustainability within their supply chains. This dynamic market landscape is characterized by ongoing advancements in technology and strategic collaborations among key players to address emerging challenges and capitalize on opportunities in the evolving cold chain ecosystem.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Component
    2. Market Snapshot, By Logistics
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Cold Chain Tracking and Monitoring Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Stringent Regulatory Requirements
        2. Increasing Globalization of Trade
        3. Growing Demand for Perishable Goods
        4. Technological Advancements in IoT and Sensors
        5. Focus on Food Safety and Quality
      2. Restraints
        1. High Initial Investment Costs
        2. Complexity in Integration of Diverse Systems
        3. Lack of Skilled Workforce
        4. Security and Privacy Concerns
        5. Infrastructure Challenges in Developing Regions
      3. Opportunities
        1. Expansion of Pharmaceutical and Biotech Industries
        2. Emerging Markets in Asia-Pacific and Latin America
        3. Adoption of Blockchain Technology for Enhanced Traceability
        4. Development of Energy-Efficient Monitoring Solutions
        5. Strategic Partnerships and Collaborations
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Cold Chain Tracking and Monitoring Market, By Component, 2021 - 2031 (USD Million)
      1. Hardware
      2. Software
    2. Global Cold Chain Tracking and Monitoring Market, By Logistics, 2021 - 2031 (USD Million)
      1. Storage
      2. Transportation
    3. Global Cold Chain Tracking and Monitoring Market, By Application, 2021 - 2031 (USD Million)
      1. Pharmaceuticals & Healthcare
      2. Food & Beverages
      3. Chemicals
    4. Global Cold Chain Tracking and Monitoring Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Emerson Electric Co.
      2. ORBCOMM Inc.
      3. Berlinger & Co. AG
      4. Controlant
      5. Monnit Corporation
      6. Elpro-Buchs AG
  7. Analyst Views
  8. Future Outlook of the Market