North America Cold Chain Temperature Monitoring Market Size & Outlook
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North America Cold Chain Temperature Monitoring Market, 2017-2027 (US$M)
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North America cold chain temperature monitoring market highlights
- The North America cold chain temperature monitoring market generated a revenue of USD 2,816.8 million in 2020.
- The market is expected to grow at a CAGR of 16.5% from 2021 to 2027.
- In terms of segment, hardware was the largest revenue generating component in 2020.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, Canada is expected to register the highest CAGR from 2021 to 2027.
North America data book summary
| Market revenue in 2020 | USD 2,816.8 million |
| Market revenue in 2027 | USD 8,188.9 million |
| Growth rate | 16.5% (CAGR from 2020 to 2027) |
| Largest segment | Hardware |
| Fastest growing segment | Software |
| Historical data covered | 2017 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software |
| Key market players worldwide | Berlinger & Co AG, ELPRO Global, Spectris PLC, Carrier Global Corp Ordinary Shares, CSafe Global |
Other key industry trends
- In terms of revenue, North America region accounted for 35.2% of the global cold chain temperature monitoring market in 2020.
- Globally, North America is projected to lead the regional market in terms of revenue in 2027.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 5,635.2 million by 2027.
North America, led by the U.S., Mexico, and Canada, accounted for nearly 31.44%of the global natural gas generator set market share in 2018. The presence of prominent gas generator set OEMs and EPC players, enough shale gas reserves, and developed infrastructure for transportation of natural gas have emerged as the primary driving factors for North America natural gas generator set market.
The U.S. accounted for the largest share of North America natural gas genset market in 2018 and is anticipated to progress at the fastest growth rate in North America over the forecast period owing to various factors such as the presence of shale gas reserves and increasing government focus on developing clean energy sources.
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Cold Chain Temperature Monitoring Market Scope
Cold Chain Temperature Monitoring Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Carrier Global Corp Ordinary Shares | View profile | 53,000 | 13995 Pasteur Boulevard, Palm Beach Gardens, FL, United States, 33418 | www.corporate.carrier.com |
| CSafe Global | View profile | 101-250 | Dayton, Ohio, United States, North America | csafeglobal.com |
| Spectris PLC | View profile | 6,979 | 44-46 Aldwych, Melbourne House, 5th Floor, London, United Kingdom, WC2B 4LL | www.spectris.com |
| ELPRO Global | View profile | 51-100 | Buchs, Inner-Rhoden, Switzerland, Europe | www.elpro.com |
| Berlinger & Co AG | View profile | 51-100 | Ganterschwil, Ausser-Rhoden, Switzerland, Europe | www.berlinger.com/ |
North America Cold Chain Temperature Monitoring Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Cold Chain Temperature Monitoring Market Outlook will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 77.36% in 2020.
Horizon Databook has segmented the North America cold chain temperature monitoring market based on hardware, software covering the revenue growth of each sub-segment from 2017 to 2027.
North America, led by the U.S., Mexico, and Canada, accounted for nearly 31.44%of the global natural gas generator set market share in 2018. The presence of prominent gas generator set OEMs and EPC players, enough shale gas reserves, and developed infrastructure for transportation of natural gas have emerged as the primary driving factors for North America natural gas generator set market.
The U.S. accounted for the largest share of North America natural gas genset market in 2018 and is anticipated to progress at the fastest growth rate in North America over the forecast period owing to various factors such as the presence of shale gas reserves and increasing government focus on developing clean energy sources.
- North America Cold Chain Temperature Monitoring Market Component Outlook (Revenue, USD Million , 2017-2027)
- Hardware
- Software
- North America Cold Chain Temperature Monitoring Market Application Outlook (Revenue, USD Million , 2017-2027)
- Fruits & Vegetables
- Fruit & Pulp Concentrates
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- Processed Food
- Pharmaceuticals
- Bakery & Confectionaries
- Others
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America Cold Chain Temperature Monitoring Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into North America Cold Chain Temperature Monitoring Market Outlook from 2017 to 2027, including revenue numbers, major trends, and company profiles.
North America Cold Chain Temperature Monitoring Market, 2017-2027 (US$M)
North America cold chain temperature monitoring market statistics, by component, 2017-2027 (US$M)
