Europe Cold Chain Temperature Monitoring Market Size & Outlook
Europe cold chain temperature monitoring market, 2017-2027 (US$M)
Related Markets
Europe cold chain temperature monitoring market highlights
- The Europe cold chain temperature monitoring market generated a revenue of USD 2,058.7 million in 2020.
- The market is expected to grow at a CAGR of 17.1% 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, France is expected to register the highest CAGR from 2021 to 2027.
Europe data book summary
| Market revenue in 2020 | USD 2,058.7 million |
| Market revenue in 2027 | USD 6,215.3 million |
| Growth rate | 17.1% (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, Europe region accounted for 25.8% 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Cold Chain Temperature Monitoring Market Scope
Cold Chain Temperature Monitoring Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe 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 will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 81.09% in 2020. Horizon Databook has segmented the Europe cold chain temperature monitoring market based on hardware, software covering the revenue growth of each sub-segment from 2017 to 2027.
Europe, led by Germany, France, Russia, and the UK, emerged as the second-largest regional market in 2018, accounting for over 27.92% of the global natural gas generator set market share. The region has a well-established gas generator set market. Major end-use industries for gas generator set in Europe include power generation, oil & gas, and manufacturing.
Rising population is a major factor influencing the power generation market in the region. In addition, growing GDP of the region is projected to attract various end-use players looking to expand their consumer bases. Growing population provides a constant inflow of customers, which positively impacts a wide range of industries by creating more competition among the participants.
Instead of fighting for existing customers, companies are attracting new customers by offering innovative products and services to fulfill their expectations. Population growth in the EU countries has resulted in the development of gas generator set market on account of their increasing application scope in power plants and manufacturing facilities for back-up power operations.
Reasons to subscribe to Europe cold chain temperature monitoring market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Europe cold chain temperature monitoring market databook
-
Our clientele includes a mix of cold chain temperature monitoring market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 continent-level data and insights on the Europe cold chain temperature monitoring market , including forecasts for subscribers. This continent databook contains high-level insights into Europe cold chain temperature monitoring market from 2017 to 2027, including revenue numbers, major trends, and company profiles.
Partial client list
Europe cold chain temperature monitoring market size, by country, 2017-2027 (US$M)
Europe Cold Chain Temperature Monitoring Market Outlook Share, 2020 & 2027 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
