Smart Reefer Container Market to 2027

1. Smart Reefer Container Market is Expected to Reach CAGR of 8.5% by 2027 ABCThe global smart reefer container market accounted for US$ 823.8 Mn in 2018 and is expected to grow at a CAGR of 8.5% over the forecast period 2019–2027, to account for US$ 1,665.4 Mn in 2027. The increasing demand for cold chain products and the digitalization of shipping coupled with supportive initiatives from stakeholders are a few of the factors driving the smart reefer container market worldwide. However, the high cost of smart reefer and inadequate cold chain logistics infrastructure in emerging economies may restrain the future growth of the smart reefer container market. Despite these limitations, the rising adoption of smart reefer containers in the F&B and pharmaceutical industries is anticipated to offer ample growth opportunities for the players operating in the smart reefer container market during the forecast period. Technological developments have undermined huge barriers in the international trade of cold chain products. The smart reefer solutions are overcoming the crucial challenges in the shipping of perishables over long distances. The new and advanced technologies play a significant role in ensuring that the perishable commodities reach fresh and at the desired destinations and also fulfill the strict import protocols that differ from countries to countries. Many of such technologies that facilitate the reefer containers to achieve these standards include atmosphere management, cold disinfestation, and real- time temperature management, among others. Technology such as atmosphere management facilitates to control the atmosphere of reefers and thus, enable the transportation of certain commodities through sea route and helps to maintain the freshness, quality, and lifespan of those products. Also, remote monitoring technology in the smart reefer containers enables the repairers to take prompt action if there is an alarm indicator from any of the reefer containers. Thus, by leveraging Big Data and the Internet of Things (IoT) for managing and controlling the reefers operations is anticipated to play a crucial role in the development of the smart reefer container market. The market for smart reefer container has been segmented on the basis of offering, technology, reefer, end-use industry, and geography. The smart reefer container market based on offering is led by service segment and is expected to continue its dominance in the forecast period. The smart reefer container

2. market on the basis of the technology is segmented into GPS, cellular, long-range wide area network, Bluetooth low energy (BLE), and others. The BLE technology led the smart reefer container market and it is anticipated to continue its dominance during the forecast period. The market for smart reefer containers by the end-use industry is further segmented into food & beverage, pharmaceutical, oil & gas, chemicals, military & defense, and others. The F&B sector is expected to hold the lion’s share in the year 2018 and is expected to continue its dominance till 2027. “Request your Sample PDF Report: @ https://www.alexareports.com/report-sample/345660 The overall smart reefer container market size has been derived using both primary and secondary sources. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the smart reefer container market. It also provides the overview and forecast for the global smart reefer container market based on all the segmentation provided with respect to five major reasons such as North America, Europe, Asia-Pacific, the Middle East and Africa, and South America. Also, primary interviews were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the smart reefer container market. Some of the players present in smart reefer container market are Aiksphere Technologies, Arviem AG, Globe Tracker APS, Hapag-Lloyd AG, Maven Systems Pvt. Ltd., Nexiot AG, ORBCOMM Inc., Sealand (MAERSK), Thermo King Corporation, Tracker Systems, Inc., Traxens, and Wireless Links, Inc. among others. Reasons to buy • Highlights key business priorities in order to assist companies to realign their business strategies. • The key findings and recommendations highlight crucial progressive industry trends in the Smart Reefer Container market, thereby allowing players to develop effective long term strategies. • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets. • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it. • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to components, technology, reefer, and industry vertical. Some Points From TOC: 1. Introduction 1.1 Scope of the Study 1.2 The Insight Partners Research Report Guidance 1.3 Market Segmentation 2. Key Takeaways

3. 3. Research Methodology 3.1 Coverage 3.2 Secondary Research 3.3 Primary Research 4. Smart Reefer Container Market Landscape 4.1 Market Overview 4.2 Ecosystem Analysis 4.3 Expert Opinion 4.4 PEST Analysis 4.4.1 North America PEST Analysis 4.4.2 Europe PEST Analysis 4.4.3 Asia-Pacific PEST Analysis 4.4.4 Middle East & Africa PEST Analysis 4.4.5 South America PEST Analysis 5. Smart Reefer Container Market – Key Industry Dynamics 5.1 Key Market Drivers 5.1.1 Increasing Demand for Cold Chain Products to Bolster Smart Reefer Market 5.1.2 Digitalization of Shipping Coupled with Supportive Initiatives from Stakeholders is Expected to Propel the Installation of Smart Reefer Containers 5.2 Key Market Restraints 5.2.1 High Cost of Smart Reefer 5.2.2 Inadequate Cold Chain Logistics Infrastructure in Emerging Economies 5.3 Key Market Opportunities 5.3.1 Huge Opportunity for Smart Reefer Vendors in the F&B and Pharmaceutical sector 5.4 Future Trends 5.4.1 Emergence of 5G Technology 5.5 Impact Analysis of Drivers and Restraints Click Here To Get Exclusive Discount @ https://www.alexareports.com/check-discount/345660 Thank you for your time. You can also ask for individual chapter wise or section or region wise report version. About Us: Alexa Reports is a globally celebrated premium market research service provider, with a strong legacy of empowering business with years of experience. We help our clients by implementing decision support system through progressive statistical surveying, in-depth market analysis, and reliable forecast data. Alexa Reports is a globally celebrated premium market research service provider, with a strong legacy of empowering business with years of experience. We help our clients by implementing decision support system through progressive statistical surveying, in-depth market analysis, and reliable forecast data.

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