Global Refrigeration Monitoring Market Size & Outlook
Global refrigeration monitoring market, 2018-2030 (US$M)
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Global refrigeration monitoring market highlights
- The global refrigeration monitoring market generated a revenue of USD 10,372.5 million in 2024 and is expected to reach USD 17,060.1 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 8.7% by 2030.
- In terms of segment, hardware accounted for a revenue of USD 6,775.0 million in 2024.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 10,372.5 million |
| Market revenue in 2030 | USD 17,060.1 million |
| Growth rate | 8.7% (CAGR from 2025 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Software |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
Other key industry trends
- In terms of revenue, the North America accounted for 32.0% of the global refrigeration monitoring market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 625.1 million by 2030.
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Refrigeration Monitoring Market Scope
Refrigeration Monitoring Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Cargo Data | View profile | 11-50 | Ventura, California, United States, North America | https://cargodatacorp.com |
| Vaisala | View profile | 1001-5000 | Vantaa, Southern Finland, Finland, Europe | http://www.vaisala.com |
| Digi International | View profile | 501-1000 | Minnetonka, Minnesota, United States, North America | http://www.digi.com |
| Samsara | View profile | 1001-5000 | San Francisco, California, United States, North America | http://www.samsara.com |
| Berlinger & Co AG | View profile | 51-100 | Ganterschwil, Ausser-Rhoden, Switzerland, Europe | https://www.berlinger.com/ |
| Sensaphone | View profile | 11-50 | Aston, Pennsylvania, United States, North America | https://www.sensaphone.com |
| Monnit | View profile | 51-100 | South Salt Lake, Utah, United States, North America | http://www.monnit.com |
| ORBCOMM | View profile | 1001-5000 | Rochelle Park, New Jersey, United States, North America | http://www.orbcomm.com/ |
| Zebra Technologies Corp Class A | View profile | 9750 | 3 Overlook Point, Lincolnshire, IL, United States, 60069 | https://www.zebra.com |
| Danfoss A/S | View profile | 10001+ | Nordborg, Syddanmark, Denmark, Europe | https://www.danfoss.com |
| Texas Instruments Inc | View profile | 34000 | 12500 TI Boulevard, Dallas, TX, United States, 75243 | https://www.ti.com |
| Emerson Electric Co | View profile | 67000 | 8000 West Florissant Avenue, P.O. Box 4100, St. Louis, MO, United States, 63136 | https://www.emerson.com |
Global refrigeration 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 refrigeration monitoring market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 65.32% in 2024. Horizon Databook has segmented the Global refrigeration monitoring market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Refrigeration Monitoring Component Outlook (Revenue, USD Million, 2018-2030)
- Hardware
- Sensors
- Temperature
- Humidity
- Pressure
- Vibration
- Others
- Data Loggers
- Control Units/Monitors
- Others
- Sensors
- Software
- Services
- Hardware
- Global Refrigeration Monitoring Application Outlook (Revenue, USD Million, 2018-2030)
- Food Retail
- Food & Beverage Processing
- Pharmaceuticals & Life Sciences
- Cold Chain Logistics
- Hospitality & Catering
- Others
- Global Refrigeration Monitoring Deployment Mode Outlook (Revenue, USD Million, 2018-2030)
- On-premise
- Cloud-based
- Global Refrigeration Monitoring Type Outlook (Revenue, USD Million, 2018-2030)
- Stationary Refrigeration Systems
- Walk-in Coolers & Freezers
- Display Cases
- Cold Rooms
- Transport Refrigeration Systems
- Industrial Chillers
- Global Refrigeration Monitoring Connectivity Technology Outlook (Revenue, USD Million, 2018-2030)
- Wired
- Wireless
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Target buyers of Global refrigeration monitoring market databook
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Our clientele includes a mix of refrigeration 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 global-level data and insights on the Global refrigeration monitoring market , including forecasts for subscribers. This global databook contains high-level insights into Global refrigeration monitoring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global refrigeration monitoring market size, by regions, 2018-2030 (US$M)
Top 10 countries: Refrigeration monitoring market size, 2024 (US$M)
Global refrigeration monitoring market share, by component, 2024 & 2030 (%, US$M)
Refrigeration monitoring market: Opportunity assessment by country
Global refrigeration monitoring market, by region, 2024 (US$M)
Related statistics
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