Middle East and Africa Cold Chain Monitoring Market is growing with factors such as growing consumer concern towards food quality, rising government regulations for food safety, rapid increase in imports and exports, and others.
However, the high price of temperature monitoring devices and the absence of a skilled workforce is hindering the growth of the cold chain monitoring market to an extent.
Middle East & Africa Cold Chain Monitoring Market Scenario
According to Data Bridge Market Research, the market for South Africa has the highest market share, followed by the rest of the Middle East & Africa. The market leader is DAIKIN INDUSTRIES, LTD, which caters to almost 11.17% market share. Some of the recent development by the company are-
- In November 2018, Daikin acquired AHT, an Austrian refrigerating and freezing showcases manufacturer, to expand into the commercial refrigeration market. It has helped the company to get recognized in the premium market
Trends Impacting the Market
Now the question is which other region DAIKIN INDUSTRIES, LTD., MiX Telematics, and ORBCOMM are targeting? Data Bridge Market Research has forecasted a large growth of cold chain monitoring in the South Africa market, and the market leaders are targeting the rest of the Middle East & Africa to be their next revenue pocket for 2021.
Some of the major players operating in this market are Sensitech Inc., ORBCOMM, Berlinger & CO., ELPRO-BUCHS AG, DAIKIN INDUSTRIES, Ltd. Mix Telematics, PULSIT ELECTRONICS, TOWER Cold Chain Solutions, Vacker Dubai, United Arab Emirates, among others.
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Middle East & Africa Cold Chain Monitoring Market Developments
- In May 2021, MiX Telematics presented its investor presentation at the William Blair Growth Stock Conference. The company presented its products and services that provide enterprise fleets, small fleets, and consumers with efficiency, safety, compliance, and security solutions. With this, they managed to get renowned into the premium market
- In August 2017, the company launched a next-generation cold chain monitoring solution named ORBCOMM’s PT 6000. This solution includes sensors, connectivity, and cargo watch application. This system offers complete visibility and control over the cold chain, which helps in ensuring the temperature of cargo during the supply chain. It has propelled the growth of the cold chain monitoring market
Scope Of The Middle East & Africa Cold Chain Monitoring Market
- Based on region, the Middle East & Africa cold chain monitoring market is segmented into South Africa and the rest of the Middle East and Africa. All country-based analysis of the Middle East & Africa cold chain monitoring market is further analyzed based on maximum granularity into further segmentation.
The Middle East & Africa cold chain monitoring market is segmented into three notable segments, which are based on component, logistics & application.
- On the basis of the component, the Middle East & Africa cold chain monitoring market is segmented into hardware and software. On the basis of logistics, the Middle East & Africa cold chain monitoring market is segmented into transportation and storage. On the basis of application, the Middle East & Africa cold chain monitoring market is segmented into food & beverages, pharmaceuticals and healthcare, and chemicals.
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Key Pointers Covered In The Middle East & Africa Cold Chain Monitoring Market Industry Trends And Forecast To 2028
- Market size
- Top to bottom market analysis
- Recent developments for market competitors
- Recent market value for different countries
- Market value and overview of the Middle East & Africa cold chain monitoring market
- Company profiling of top eight players of the Middle East & Africa cold chain monitoring market
Key Market Competitors Covered in the Report
- Sensitech Inc.
- ORBCOMM
- Berlinger & CO.
- ELPRO-BUCHS AG
- DAIKIN INDUSTRIES, Ltd.
- Mix Telematics
- PULSIT ELECTRONICS
- TOWER Cold Chain Solutions
- Vacker Dubai, United Arab Emirates
Above are the key players covered in the report for the Middle East & Africa cold chain monitoring market. To know about more and exhaustive list of sanitary ware companies’, contact us- https://www.databridgemarketresearch.com/zh/toc/?dbmr=middle-east-and-africa-cold-chain-monitoring-market
Research Methodology: Middle East & Africa Cold Chain Monitoring Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or can drop down your inquiry.
The key research methodology used by the DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market timeline analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis, and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Manufacturer, Researchers, Scientists, Research Laboratories
- Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers, among others.
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