Asia Pacific Smart Container Market Size & Outlook
The smart container market in Asia Pacific is expected to reach a projected revenue of US$ 4,200.0 million by 2030. A compound annual growth rate of 19.4% is expected of Asia Pacific smart container market from 2024 to 2030.
- Automotive, Mobility & Logistics
- Warehousing, Supply Chain & Logistics
- Smart Container Market Outlook
- Warehousing, Supply Chain & Logistics
Revenue, 2023 (US$M)
$1,215.5
Forecast, 2030 (US$M)
$4,200.0
CAGR, 2024 - 2030
19.4%
Report Coverage
Asia Pacific
Asia Pacific Smart Container Market, 2018-2030 (US$M)
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Asia Pacific smart container market highlights
- The Asia Pacific smart container market generated a revenue of USD 1,215.5 million in 2023.
- The market is expected to grow at a CAGR of 19.4% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating offering in 2023.
- Hardware is the most lucrative offering segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 1,215.5 million |
| Market revenue in 2030 | USD 4,200.0 million |
| Growth rate | 19.4% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Hardware |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware |
| Key market players worldwide | ORBCOMM, Phillips Corporation, Cubic Corporation, Hapag-Lloyd AG, Emerson Electric Co, Carrier Global Corp Ordinary Shares, Robert Bosch Engineering & Business Solutions, Dole PLC |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 28.9% of the global smart container market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 4,200.0 million by 2030.
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Publish Date: Jul 18, 2024
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Smart Container Market Scope
Smart Container Market segmentation & scope
Technology
GPS (Global Positioning System)
Cellular
LoRa WAN (Long Range Wide Area Network)
Bluetooth Low Energy
Others
Application
Asset Tracking & Management
Supply Chain Optimization
Safety and Security
Others
End Use
Food and Beverages
Pharmaceuticals
Oil and Gas
Chemicals
Others
Smart Container Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Emerson Electric Co | View profile | 67,000 | 8000 West Florissant Avenue, P.O. Box 4100, St. Louis, MO, United States, 63136 | www.emerson.com |
| Dole PLC | View profile | 34,078 | 29 North Anne Street, Dublin, Ireland, D07 PH36 | www.doleplc.com |
| Carrier Global Corp Ordinary Shares | View profile | 53,000 | 13995 Pasteur Boulevard, Palm Beach Gardens, FL, United States, 33418 | www.corporate.carrier.com |
| Robert Bosch Engineering & Business Solutions | View profile | 10001+ | Bangalore, Karnataka, India, Asia | www.bosch-india-software.com |
| ORBCOMM | View profile | 1001-5000 | Rochelle Park, New Jersey, United States, North America | www.orbcomm.com/ |
| Cubic Corporation | View profile | 10001+ | San Diego, California, United States, North America | cubic.com |
| A. P. Moller Maersk A/S ADR | View profile | 100,000 | Esplanaden 50, Copenhagen, Denmark, 1263 | www.maersk.com |
| Phillips Corporation | View profile | 251-500 | Oakdale, Pennsylvania, United States, North America | phillipscorp.com |
| Hapag-Lloyd AG | View profile | 16,576 | Ballindamm 25, Hamburg, Germany, 20095 | www.hapag-lloyd.com |
| Roambee | View profile | 101-250 | Santa Clara, California, United States, North America | www.roambee.com |
Asia Pacific Smart Container 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 Smart Container Market Outlook will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 100.0% in 2023.
Horizon Databook has segmented the Asia Pacific smart container market based on hardware covering the revenue growth of each sub-segment from 2018 to 2030.
- Asia Pacific Smart Container Market Offering Outlook (Revenue, USD Million , 2018-2030)
- Hardware
- Software
- Services
- Asia Pacific Smart Container Market Technology Outlook (Revenue, USD Million , 2018-2030)
- GPS (Global Positioning System)
- Cellular
- LoRa WAN (Long Range Wide Area Network)
- Bluetooth Low Energy
- Others
- Asia Pacific Smart Container Market Application Outlook (Revenue, USD Million , 2018-2030)
- Asset Tracking & Management
- Supply Chain Optimization
- Safety and Security
- Others
- Asia Pacific Smart Container Market End Use Outlook (Revenue, USD Million , 2018-2030)
- Food and Beverages
- Pharmaceuticals
- Oil and Gas
- Chemicals
- Others
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific Smart Container Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific Smart Container Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.