Middle East and Africa cold chain tracking and monitoring market is expected to reach USD 603,031.86 thousand by 2030 from USD 211,193.00 thousand in 2022, growing with a CAGR of 14.3% in the forecast period of 2023 to 2030.
Market Segmentation
Middle East and Africa Cold Chain Tracking and Monitoring Market, By Offering (Hardware, Software), Temperature Type (Frozen, Chilled), Logistics (Storage, Transportation), Connectivity (Cellular, LoRaWAN, Sigfox, Bluetooth, Others), Organization Size (Small & Medium Organization Size, Large Organization Size), End User (Pharmaceuticals & Healthcare, Food & Beverages, Chemicals, Agriculture, Manufacturing, Others) - Industry Trends and Forecast to 2030.
Overview of Middle East and Africa Cold Chain Tracking and Monitoring Market Dynamics
Driver
Growing demand for perishable goods
Restraint
Extreme weather conditions and unforeseen natural disasters
Opportunity
Expansion of pharmaceutical and healthcare industries
Market Players
Some of the major players operating in the market are:
Carrier
Tive, Inc.
Berlinger & Co. AG
Accent Advanced Systems, SLU.
Digital Matter
ELPRO-BUCHS AG (A Subsidiary of Robert Bosch GmbH)
Copeland LP.
Trusted A/S
Roambee Corporation
SenseGiz
Hanhaa
EnrichAI
Monnit Corporation
ORBCOMM (Subsidiary of GI Partners)
UnaBiz
Cooltrax
Infratab, Inc
Controlant
Kizy Tracking SA (A subsidiary of Spectos Group)
AKCP
Short Description
Middle East and Africa Cold Chain Tracking and Monitoring Market, By Offering (Hardware and Software), Temperature Type (Frozen and Chilled), Logistics (Storage and Transportation), Connectivity (Cellular, LoRaWAN, Sigfox, Bluetooth, and Others), Organization Size (Small & Medium Organization Size and Large Organization Size), End User (Pharmaceuticals & Healthcare, Food & Beverages, Chemicals, Agriculture, Manufacturing, and Others), Country (U.A.E., Saudi Arabia, South Africa, Egypt, Qatar, Kuwait, Bahrain, Oman, Israel, and Rest of Middle East and Africa) - Industry Trends and Forecast to 2030
Market Definition
Cold chain tracking and monitoring refers to the process of closely monitoring and managing the transportation and storage of temperature-sensitive products to ensure that they are kept within the required temperature range throughout the entire supply chain. The cold chain refers to a temperature-controlled supply chain that includes the handling of perishable goods, pharmaceuticals, vaccines, and other temperature-sensitive products. The goal of cold chain tracking and monitoring is to preserve the quality, safety, and efficacy of these products by preventing temperature excursions that could compromise their integrity. Temperature-sensitive products may be subject to degradation or spoilage if exposed to temperatures outside their specified range. For instance, vaccines can lose potency, and perishable foods can spoil if not kept at the right temperature during transportation and storage.
Market Segmentation
The Middle East and Africa cold chain tracking and monitoring market is segmented into six notable segments which are based on the basis of offering, temperature type, logistics, connectivity, organization size, and end user.
On the basis of offering, the Middle East and Africa cold chain tracking and monitoring market is segmented into hardware and software
On the basis of temperature type, the Middle East and Africa cold chain tracking and monitoring market is segmented into frozen and chilled
On the basis of logistics, the Middle East and Africa cold chain tracking and monitoring market is segmented into storage and transportation
On the basis of connectivity, the Middle East and Africa cold chain tracking and monitoring market is segmented into cellular, LoRaWAN, sigfox, and Bluetooth
On the basis of organization size, the Middle East and Africa cold chain tracking and monitoring market is segmented into small & medium organization size and large organization size
On the basis of end user, the Middle East and Africa cold chain tracking and monitoring market is segmented pharmaceuticals & healthcare, food & beverages, chemicals, agriculture, manufacturing, and others
Market Players
Some of the major players operating in the Middle East and Africa cold chain tracking and monitoring market are:
Carrier
Tive, Inc.
Berlinger & Co. AG
Accent Advanced Systems, SLU.
Digital Matter
ELPRO-BUCHS AG (A Subsidiary of Robert Bosch GmbH)
Copeland LP.
Trusted A/S
Roambee Corporation
SenseGiz
Hanhaa
EnrichAI
Monnit Corporation
ORBCOMM (Subsidiary of GI Partners)
UnaBiz
Cooltrax
Infratab, Inc
Controlant
Kizy Tracking SA (A subsidiary of Spectos Group)
AKCP