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The Cold Chain Tracking and Monitoring Market - 2nd Edition

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  • 163 Pages
  • September 2022
  • Region: Global
  • Berg Insight AB
  • ID: 5325096

The Cold Chain Tracking Solutions Market Set for Rapid Growth

This study investigates the market for tracking and monitoring of refrigerated containers, trailers, swap bodies, rail freight wagons, air freight unit load devices, pallets and cargo boxes. The installed base of active remote tracking systems for these cargo loading units is forecasted to grow at a CAGR of 17.4 percent from 4.1 million units at the end of 2021 to 9.2 million units by 2026. Perishable foods, vaccines and pharmaceuticals, chemicals and electronics can benefit greatly from these solutions as they are typically sensitive to exposure of temperature variations during transportation. Get up to date with the latest information about vendors, products and markets.

The number of active tracking devices deployed for refrigerated cargo and cargo carrying units including trailers, intermodal containers, rail freight wagons, air cargo containers, cargo boxes and pallets reached 4.1 million worldwide in 2021. Growing at a compound annual growth rate (CAGR) of 17.4 percent, this number is expected to reach 9.2 million by 2026. In terms of installed base, tracking devices for general refrigerated cargo applications is today the largest market, followed by refrigerated intermodal containers and trailers. The markets for tracking solutions for refrigerated rail freight wagons and air cargo containers are considerably smaller. The total market value for cold chain tracking solutions reached an estimated € 720 million in 2021. Growing at a CAGR of 11.4 percent, the total market size is forecasted to reach € 1.2 billion in 2026. 

The cold chain tracking and monitoring market is served by a wide range of players. Maersk has rolled out a system for real-time tracking of its entire fleet of 385,000 refrigerated containers, making it the largest refrigerated cargo container tracking project worldwide. ORBCOMM is the second largest player in terms of the number of connected units with an estimated 380,000 units installed on both refrigerated trailers and reefer containers. The Denmark-based tracking specialist Globe Tracker is the third largest provider of tracking solutions for refrigerated cargo carrying units. The company is collaborating with the major shipping company Hapag-Lloyd to equip the ocean carrier’s entire fleet of around 140,000 reefer containers with tracking units. Additional leading players in the refrigerated intermodal container and trailer tracking segment include Envotech, Cooltrax, Emerson, Spireon, Schmitz Cargobull, CalAmp and Idem Telematics. DeltaTrak, Sensitech (part of Carrier), Controlant, Tive and Frigga (part of Dewav Electronic Technology) are leading players in the refrigerated cargo tracking segment, each with more than 100,000 active trackers at any given time. Additional players in the segment include OnAsset Intelligence, Roambee, Adapt Ideations, Tempmate, Escavox, 7PSolutions and Intelyt.

“The logistics industry is currently undergoing a major transformation”, says Martin Backman, Senior Analyst. Accelerated by the supply chain disruptions following the COVID-19 pandemic, the industry is now investing heavily in digital solutions that will increase visibility and security in the supply chain. Cold chain tracking solutions provide significant value for shippers and logistics providers by providing real-time data on the location and condition of temperature-sensitive cargo in-transit. “The lack of up-to-date and relevant shipment data is one of the main reasons that lead to spoiled cargo” continues Mr. Backman. This can potentially lead to major losses as products transported in the cold chain are typically of high value. “2021 was a stellar year for the cold chain tracking industry and the future looks bright as the industry is now ready for investing in the technology”, concludes Mr. Backman

Highlights from the report:

  • Insights from 30 executive interviews with market leading companies.
  • Comprehensive overview of the refrigerated cargo tracking value chain and key applications.
  • In-depth analysis of market trends and key developments.
  • Summary of major refrigerated cargo tracking initiatives worldwide.
  • Updated profiles of 75 cold chain tracking solution providers.
  • Detailed forecasts by market segment lasting until 2026.
  • The latest trends on cold chain logistics and the tracking of cargo and cargo carrying units including trailers, intermodal containers, ULDs and rail wagons.

This report answers the following questions

  • Which are the leading providers of cold chain tracking solutions?
  • What offerings are available from device vendors and service providers?
  • Which modes of refrigerated transport have the highest penetration rates?
  • What impact will regulations and legislations have on the market?
  • What are the key drivers behind the adoption of refrigerated cargo tracking solutions?
  • What are the latest trends on the cold chain tracking market?
  • What impact will technology advancements have on the market?
  • How will the cold chain tracking industry evolve in the future?

Who should read this report?

The Cold Chain Tracking and Monitoring Market is the foremost source of information about the adoption of tracking solutions for refrigerated cargo and cargo containers, including trailers, intermodal containers, ULDs and rail wagons. Whether you are a tracking solution provider, device vendor, cargo transportation stakeholder, telecom operator, investor, consultant, or government agency, you will gain valuable insights from this in-depth research.        

Table of Contents

Executive Summary
1 Global Freight Transport Overview
1.1 International merchandise trade
1.1.1 Freight transportation modes
1.1.2 Logistics units and containerisation
1.1.3 Ports, terminals and trade lanes
1.1.4 Global container shipping companies and air cargo airlines
1.2 Containers, trailers, rail freight wagons and ULDs
1.2.1 Intermodal shipping containers
1.2.2 Trailers and semi-trailers
1.2.3 Rail freight wagons
1.2.4 Air freight unit load devices

2 The Cold Chain Industry
2.1 The cold supply chain
2.2 Goods transported in the cold chain
2.3 Cold chain regulations
2.3.1 North America
2.3.2 Europe
2.3.3 Rest of the world
2.4 Cold chain monitoring solutions
2.4.1 Cold chain tracking infrastructure
2.4.2 Benefits of using tracking solutions
2.5 Business models

3 Market Forecasts and Trends
3.1 Market analysis
3.1.1 Installed base and unit shipments
3.1.2 Market value
3.1.3 Regional markets
3.1.4 Vendor market shares
3.2 Value chain analysis
3.2.1 Refrigerated cargo and cargo container tracking solution providers
3.2.2 Refrigerated cargo container OEMs
3.2.3 Cold chain logistics service providers
3.3 Market drivers and barriers
3.3.1 Macroeconomic environment
3.3.2 Regulatory environment
3.3.3 Competitive environment
3.3.4 Technology environment
3.4 Future industry trends
3.4.1 Cold chain monitoring solutions lead the cargo tracking market
3.4.2 The pandemic accelerates uptake of cold chain monitoring solutions
3.4.3 Container shipping companies’ record profits accelerate investments in IoT
3.4.4 Sustainability goals can be reached by using real-time monitoring solutions
3.4.5 Real-time data loggers to change industry dynamics
3.4.6 Upcoming 2G/3G sunset creates opportunities for tracking solution providers

4 Cold Chain Tracking Solution Providers
4.1 Refrigerated cargo container tracking solution providers
4.1.1 AddSecure
4.1.2 ArrowSpot
4.1.3 Ayantra
4.1.4 Bosch
4.1.5 CalAmp
4.1.6 CLS Group
4.1.7 Contguard
4.1.8 Cooltrax
4.1.9 Digi International
4.1.10 Emerson
4.1.11 Envotech
4.1.12 EROAD
4.1.13 G7 Networks
4.1.14 Globe Tracker
4.1.15 Idem Telematics
4.1.16 Intermodal Telematics
4.1.17 Kirsen Global Security
4.1.18 ORBCOMM
4.1.19 PowerFleet
4.1.20 Purfresh
4.1.21 Samsara
4.1.22 SAVVY Telematic Systems
4.1.23 Sensolus
4.1.24 Spireon (Solera)
4.1.25 Swinnus
4.1.26 Sycada
4.1.27 T42 IoT Tracking Solutions
4.1.28 Transics (ZF)
4.1.29 Ubidata
4.1.30 WITRAC
4.1.31 Zenatek
4.2 Refrigerated cargo tracking solution providers
4.2.1 7PSolutions
4.2.2 Adapt Ideations
4.2.3 Berlinger
4.2.4 CartaSense
4.2.5 Controlant
4.2.6 DeltaTrak
4.2.7 ELPRO (Bosch)
4.2.8 Escavox
4.2.9 Frigga (Dewav Electronic Technology)
4.2.10 Hanhaa
4.2.11 Intelyt
4.2.12 Kizy Tracking
4.2.13 OnAsset Intelligence
4.2.14 ParkourSC
4.2.15 Roambee
4.2.16 Sendum Wireless
4.2.17 Sensitech (Carrier)
4.2.18 Sierra Wireless (Semtech)
4.2.19 Sony
4.2.20 TagBox
4.2.21 Tempmate
4.2.22 Tive
4.2.23 Trusted
4.2.24 TSS
4.2.25 Versa
4.2.26 Xsense
4.3 Refrigerated cargo container OEMs
4.3.1 Carrier
4.3.2 China International Marine Containers (CIMC)
4.3.3 Cold Chain Technologies
4.3.4 Cryoport
4.3.5 CSafe Global
4.3.6 Daikin Industries
4.3.7 Envirotainer
4.3.8 Krone
4.3.9 Schmitz Cargobull
4.3.10 Sonoco ThermoSafe
4.3.11 Thermo King (Trane Technologies)
4.3.12 Utility Trailer Manufacturing
4.4 Cold chain logistics service providers
4.4.1 DB Schenker
4.4.2 FedEx
4.4.3 Hapag-Lloyd
4.4.4 Maersk
4.4.5 UPS
4.4.6 ZIM

List of Figures
Figure 1.1: Index for GDP and international merchandise trade (World 1990-2020)
Figure 1.2: Merchandise trade by region (World 2020)
Figure 1.3: External trade by mode of transport (EU-27 2019)
Figure 1.4: Container port throughput (World 2005-2020)
Figure 1.5: Top 10 container ports (World 2020)
Figure 1.6: Top 10 air cargo ports (World 2021)
Figure 1.7: Top 10 container shipping companies (World May 2022)
Figure 1.8: Top 10 air cargo airlines (World 2020)
Figure 1.9: Air cargo growth rates by major market (World 2021)
Figure 1.10: Global fleet of cargo carrying units (2021)
Figure 1.11: Examples of intermodal container form factors
Figure 1.12: Intermodal container fleet size (World 2016-2021)
Figure 1.13: Intermodal container fleet by type (World 2021)
Figure 1.14: Examples of trailer form factors
Figure 1.15: Cargo trailer fleet by region (World 2021)
Figure 1.16: Top 10 trailer manufacturers (World 2021)
Figure 1.17: Examples of rail wagon form factors
Figure 1.18: Number of rail freight wagons per region (World 2021)
Figure 1.19: Examples of ULD form factors
Figure 2.1: The cold supply chain
Figure 2.2: Optimum temperature levels for different products in the cold chain
Figure 2.3: Real-time cargo and cargo container tracking infrastructure overview
Figure 2.4: Examples of device form factors for refrigerated cargo and cargo containers
Figure 2.5: Top 10 mobile operators by IoT connections (World Q4-2021)
Figure 2.6: Satellite network operators by IoT subscriber base (World Q4-2021)
Figure 3.1: Cold chain tracking device shipments and installed base (World 2021-2026)
Figure 3.2: Cold chain monitoring market value (World 2021-2026)
Figure 3.3: Refrigerated trailer tracking devices per region (World 2021-2026)
Figure 3.4: Top-10 refrigerated cargo carrying unit tracking vendors (Q4-2021)
Figure 3.5: Major refrigerated trailer tracking vendors (Q4-2021)
Figure 3.6: Major refrigerated intermodal container tracking vendors (Q4-2021)
Figure 3.7: Major refrigerated cargo tracking vendors (Q4-2021)
Figure 4.1: ArrowTrack SAT tracking device
Figure 4.2: Bosch Asset Tracking Gateway and Sensor Tags
Figure 4.3: SmartSense by Digi
Figure 4.4: Envotech’s RadioSecure SLM
Figure 4.5: G7 Refrigerated trailer
Figure 4.6: GT Sense tracking device, sensors and platform
Figure 4.7: CT 3500 reefer container tracking device
Figure 4.8: Purfresh active atmosphere panels
Figure 4.9: Sensolus end-to-end tracking solution
Figure 4.10: Spireon FL Flex 2 and FL Flex 2+modular trailer tracking devices
Figure 4.11: Swinnus’ reefer container tracking devices
Figure 4.12: TX-TRAILERGUARD tracking device and TX-CONNECT software
Figure 4.13: Controlant real-time logger
Figure 4.14: LIBERO G real-time tracking and data logging solution
Figure 4.15: Escavox tracking portal and Blue Box tracking device
Figure 4.16: Frigga real-time data loggers
Figure 4.17: Parcelive tracker and online portal
Figure 4.18: Kizy K-2 tracker and USB-C temperature sensor extension
Figure 4.19: SENTRY 600 FlightSafe tracking device and Sentinel sensor tag
Figure 4.20: Sendum’s PT300 package tracker
Figure 4.21: TempTale Geo Ultra real-time data logger
Figure 4.22: Sony Visilion tracker and online application
Figure 4.23: Tempmate-GS2 real-time data logger with probe
Figure 4.24: The Tive Solo 5G tracking device
Figure 4.25: Carrier Transicold trailer refrigeration unit
Figure 4.26: CSafe’s real-time shipment visibility platform
Figure 4.27: The Exigo E1500 trailer refrigeration unit
Figure 4.28: PharmaPort 360 active ULD container
Figure 4.29: Thermo King Precedent connected trailer refrigeration unit



Companies Mentioned

A selection of companies mentioned in this report includes:

  • 7PSolutions
  • Adapt Ideations
  • AddSecure
  • ArrowSpot
  • Ayantra
  • Berlinger
  • Bosch
  • CalAmp
  • Carrier
  • CartaSense
  • China International Marine Containers (CIMC)
  • CLS Group
  • Cold Chain Technologies
  • Contguard
  • Controlant
  • Cooltrax
  • Cryoport
  • CSafe Global
  • Daikin Industries
  • DB Schenker
  • DeltaTrak
  • Digi International
  • ELPRO (Bosch)
  • Emerson
  • Envirotainer
  • Envotech
  • Escavox
  • FedEx
  • Frigga (Dewav Electronic Technology)
  • G7 Networks
  • Globe Tracker
  • Hanhaa
  • Hapag-Lloyd
  • Idem Telematics
  • Intelyt
  • Intermodal Telematics
  • Kirsen Global Security
  • Kizy Tracking
  • Krone
  • Maersk
  • OnAsset Intelligence
  • ParkourSC
  • PowerFleet
  • Purfresh
  • Roambee
  • Samsara
  • SAVVY Telematic Systems
  • Schmitz Cargobull
  • Sendum Wireless
  • Sensitech (Carrier)
  • Sensolus
  • Sierra Wireless (Semtech)
  • Sonoco ThermoSafe
  • Sony
  • Spireon (Solera)
  • Swinnus
  • Sycada
  • T42 IoT Tracking Solutions
  • TagBox
  • Tempmate
  • Thermo King (Trane Technologies)
  • Tive
  • Transics (ZF)
  • Trusted
  • TSS
  • Ubidata
  • UPS
  • Utility Trailer Manufacturing
  • Versa
  • Xsense
  • Zenatek
  • ZIM


The Internet of Things is very diverse. There are hundreds of different use cases, each with different dynamics. The starting point is to segment the market.

The analyst begins with a number of sectors: Automotive, Cities, Health, Industry, Home, Industrial, Energy, Retail and Consumer Electronics. Each of these sectors breaks down into a number of applications. In total across all sectors, the analyst examines around 150 separate applications. It is at this application level that they generate their IoT forecast. The analyst builds reliable data bottom-up. They take into consideration the current adoption rate, regulations, demographics, vertical-specific statistics, value chain structure, etc.

The rigorous data collection methods are based on first-hand and secondary sources. The analyst conducts many hundreds of executive interviews on a yearly basis with companies from all parts of the IoT value chain. They talk to on a regular basis all major mobile operator groups and regulators as well as the chipset, module, and terminal vendors. They also interview many companies in each of the vertical markets.