South Korea Cold Chain Monitoring Market Size & Outlook
South Korea cold chain monitoring market, 2017-2030 (US$M)
Related Markets
South Korea cold chain monitoring market highlights
- The South Korea cold chain monitoring market generated a revenue of USD 595.6 million in 2023 and is expected to reach USD 2,657.1 million by 2030.
- The South Korea market is expected to grow at a CAGR of 23.8% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
Cold chain monitoring market data book summary
| Market revenue in 2023 | USD 595.6 million |
| Market revenue in 2030 | USD 2,657.1 million |
| Growth rate | 23.8% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Software |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software |
| Key market players worldwide | Carrier Global Corp Ordinary Shares, Lockheed Martin Corp, RiskOn International Inc, ELPRO Global, Berlinger & Co AG, ORBCOMM, Geotab, Monnit, Controlant, Infratab |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.1% of the global cold chain monitoring market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, India cold chain monitoring market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 4,435.7 million by 2030.
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Cold Chain Monitoring Market Scope
Cold Chain Monitoring Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea cold chain 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 monitoring market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 77.52% in 2023. Horizon Databook has segmented the South Korea cold chain monitoring market based on hardware, software covering the revenue growth of each sub-segment from 2017 to 2030.
- South Korea Cold Chain Monitoring Component Outlook (Revenue, USD Million, 2017-2030)
- Hardware
- Sensors
- RFID Devices
- Telematics
- Networking Devices
- Others
- Software
- On-premise
- Cloud-based
- Hardware
- South Korea Cold Chain Monitoring Application Outlook (Revenue, USD Million, 2017-2030)
- Food & Beverages
- Fruits & Vegetables
- Fruit Pulp & Concentrates
- Dairy Products
- Milk
- Butter
- Cheese
- Ice cream
- Others
- Fish, Meat, and Seafood
- Processed Food
- Bakery & Confectionary
- Others
- Pharmaceuticals
- Vaccines
- Blood Banking
- Others
- Others
- Food & Beverages
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Target buyers of South Korea cold chain monitoring market databook
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Our clientele includes a mix of cold chain monitoring market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Korea cold chain monitoring market , including forecasts for subscribers. This country databook contains high-level insights into South Korea cold chain monitoring market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea cold chain monitoring market size, by component, 2017-2030 (US$M)
South Korea Cold Chain Monitoring Market Outlook Share, 2023 & 2030 (US$M)
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