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Middle East And Africa Cold Chain Monitoring Market
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Middle East And Africa Cold Chain Monitoring Market

Home Supply Chain And Logistics Middle East And Africa Cold Chain Monitoring Market

Middle East and Africa Cold Chain Monitoring Market, By Offering (Hardware, Software); By Temperature Type (Chilled, Frozen); By Logistics (Storage, Logistics); By Application (Pharmaceutical & Healthcare, Food & Beverages, Chemicals, Agriculture, Manufacturing); By Country (Saudi Arabia, UAE, Qatar, Kuwait, South Africa, Nigeria, Algeria, Rest of MEA), Trend Analysis, Competitive Landscape & Forecast, 2019–2030

  • Published Date: February 2024
  • Report ID: BWC24117
  • Available Format: PDF
  • Page: 200

Report Overview

An increasing demand for temperature-sensitive products, stringent regulations, and the need for efficient supply chain management are key driving factors propelling the growth of the Middle East and Africa Cold Chain Monitoring Market during the forecast period between 2024 and 2030.

Middle East and Africa Cold Chain Monitoring Market – Industry Trends & Forecast Report, 2030

Middle East and Africa Cold Chain Monitoring Market size was estimated at USD 0.23 billion in 2023. During the forecast period between 2024 and 2029, the size of Middle East and Africa Cold Chain Monitoring Market is projected to grow at a CAGR of 14.47% reaching a value of USD 0.53 billion by 2030. The Middle East and Africa Cold Chain Monitoring Market is poised for growth due to various factors. A surge in refrigerated warehouses in the region, governmental emphasis on policies affecting supply chain efficiency in the pharmaceutical sector and rising demand for temperature-sensitive drugs are key drivers. Additionally, there is an increasing need for improved food quality, a push to reduce food wastage, and a growing demand for generic drugs, enhancing the market expansion. Furthermore, the adoption of automation and cold storage technologies for better asset control in warehouses, coupled with the availability of cold chain logistics, presents promising opportunities for market growth in the coming years.

Middle East and Africa Cold Chain Monitoring Market

Cold Chain Monitoring – Overview

Cold chain monitoring employs sensors and control mechanisms to uphold specific temperature ranges for perishable goods like food and medicines in refrigerated storage. Essential for delivering fresh supplies to military camps, pharmacies, and remote areas, this technology safeguards against alterations in texture, taste, or quality caused by temperature deviations during transport. Maintaining optimal conditions for cold chain items and pharmaceuticals is crucial to meet quality standards. The market is propelled by an increased focus on product sensitivity, emphasizing the significance of preserving the integrity of goods through precise temperature control in the logistics chain.

Middle East and Africa Cold Chain Monitoring Market

Growth Drivers

Fresh Frontiers: E-commerce-Driven Shifts in Consumer Preferences

The escalating need for product freshness and safety, coupled with logistics challenges in the e-commerce supply chain, is driving the adoption of cold chain monitoring systems. Embracing such monitoring solutions facilitates the establishment and maintenance of consumer confidence, enhances brand reputation, and ensures compliance with quality standards, fostering substantial demand for cold chain monitoring.

Combatting Waste: Averting Food Loss through Cold Chain Vigilance

The erratic demand for short-shelf-life products, particularly perishables, is causing a notable surge in food wastage. Addressing pivotal challenges such as temperature variations and timely interventions to mitigate spoilage or losses stands as a pivotal driver for the Middle East and Africa Cold Chain Monitoring Market.

Challenges

Substantial Initial Investments

The integration of innovative technologies, including sensors, data loggers, and real-time monitoring systems, is anticipated to elevate the financial commitment in the Middle East and Africa Cold Chain Monitoring Market. The imperative for precision and reliability in safeguarding the quality of temperature-sensitive goods throughout the supply chain stands as a pivotal motivator behind the amplified costs. Consequently, establishing cold chain monitoring systems poses noteworthy challenges in the market due to the high initial investment requirements.

Impact of Escalating Geopolitical Tensions on Middle East and Africa Cold Chain Monitoring Market

Escalating geopolitical tensions in the Middle East and Africa pose significant challenges to the Cold Chain Monitoring Market in the region. Disruptions in transportation routes, border closures, and political instability can hinder the smooth operation of the cold chain, impacting the timely and safe delivery of temperature-sensitive goods. Increased security concerns may lead to stricter regulations and compliance measures, further complicating logistics. Therefore, businesses operating in the Middle East and Africa Cold Chain Monitoring Market may face heightened risks, increased operational costs, and potential delays in the supply chain, affecting the overall efficiency and profitability of the industry.

Middle East and Africa Cold Chain Monitoring Market

Segmental Coverage

Middle East and Africa Cold Chain Monitoring Market – By Offering

Based on offering, Middle East and Africa Cold Chain Monitoring Market is divided into Hardware and Software segments. The hardware segment is a higher contributor to the Middle East and Africa Cold Chain Monitoring Market. The sector focuses on physical devices and equipment used for monitoring and managing temperature-sensitive goods in the cold chain. Hardware includes sensors, data loggers, and other monitoring devices crucial for maintaining optimal conditions during transportation and storage. The dominant segment underscores the significance of technological infrastructure in ensuring the integrity of the cold chain, crucial for industries such as pharmaceuticals, food, and logistics in the Middle East and Africa region.

Middle East and Africa Cold Chain Monitoring Market Size

Middle East and Africa Cold Chain Monitoring Market – By Temperature Type

Based on temperature type, Middle East and Africa Cold Chain Monitoring Market is divided into Chilled and Frozen segments. The chilled segment encompasses products that require controlled temperatures above freezing, while the frozen segment includes goods that necessitate temperatures below freezing for preservation. The segments play a crucial role in maintaining the integrity of products throughout the supply chain, ensuring the quality and safety of temperature-sensitive items. As the regions continue to evolve economically, the demand for efficient cold chain monitoring solutions in both the chilled and frozen segments is expected to grow, driving advancements in technology and logistics.

Middle East and Africa Cold Chain Monitoring Market – By Logistics

By logistics, Middle East and Africa Cold Chain Monitoring Market is divided into Storage and Logistics segments. The logistics segment holds a larger market share. The segment plays a crucial role in ensuring the seamless and efficient movement of temperature-sensitive goods across the supply chain. With a focus on monitoring and maintaining optimal conditions during transportation, the logistics segment addresses the critical need for preserving the integrity of perishable products. As the demand for cold chain solutions continues to grow, the logistics segment remains pivotal in safeguarding the quality and safety of goods throughout the supply chain in Middle East and Africa.

Middle East and Africa Cold Chain Monitoring Market – By Application

By application, Middle East and Africa Cold Chain Monitoring Market is divided into Pharmaceutical & Healthcare, Food & Beverages, Chemicals, Agriculture, and Manufacturing segments. The pharmaceutical & healthcare segment emerges as the largest, reflecting the critical need for temperature-sensitive logistics in preserving and transporting medical supplies. The segment underscores the pivotal role of cold chain monitoring in maintaining the integrity of pharmaceutical products and ensuring the efficacy and safety of healthcare materials across the region.

Middle East and Africa Cold Chain Monitoring Market Share

Middle East and Africa Cold Chain Monitoring Market – By Country

By country, Middle East and Africa Cold Chain Monitoring Market is divided into Saudi Arabia, UAE, Qatar, Kuwait, South Africa, Nigeria, Algeria, and Rest of MEA. South Africa is a leading country, showcasing substantial growth potential in the cold chain monitoring market. Its strategic geographic location, economic development, and increasing demand for efficient supply chain solutions contribute to the prominence of the South African market. As the country strives to enhance its cold chain infrastructure, South Africa emerges as a pivotal player in driving advancements and opportunities in the market.

Competitive Landscape

Major players in the Middle East and Africa Cold Chain Monitoring Market include Emerson Electric Co., Thermo King, Digi International, Testo SE & Co. KGaA, Elpro Messtechnik GmbH, and Berlinger & Co. AG. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Scope of Report

Attributes

Details

Years Considered

Historical Data – 2019–2023

Base Year – 2023

Estimated Year – 2024

Forecast Period – 2024–2030

Facts Covered

Revenue in USD Billion

Market Coverage

Saudi Arabia, UAE, Qatar, Kuwait, South Africa, Nigeria, Algeria, Rest of MEA

Product/Service Segmentation

Offering, Temperature Type, Logistics, Application, Country

Key Players

Emerson Electric Co., Thermo King, Digi International, Testo SE & Co. KGaA, Elpro Messtechnik GmbH, Berlinger & Co. AG

 

By Offering

  • Hardware

  • Software

By Temperature Type

  • Chilled

  • Frozen

By Logistics

  • Storage

  • Logistics

By Application

  • Pharmaceutical & Healthcare

  • Food & Beverages

  • Chemicals

  • Agriculture

  • Manufacturing

By Country

  • Saudi Arabia

  • UAE

  • Qatar

  • Kuwait

  • South Africa

  • Nigeria

  • Algeria

  • Rest of MEA

  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Market Segmentation
  2. Executive Summary
  3. Middle East and Africa Cold Chain Monitoring Market Insights
    1. Industry Value Chain Analysis
    2. DROC Analysis
      1. Growth Driver
        1. Increasing demand for temperature-sensitive goods
        2. Rising awareness of food safety and spoilage
        3. Focus on sustainability and resource optimization
      2. Restrains
        1. Limited infrastructure and logistics capabilities
        2. High initial investment costs
      3. Opportunities
        1. Affordable and scalable monitoring solutions
        2. Solar-powered and energy-efficient technologies
      4. Challenges
        1. Lack of skilled workforce for data management and analysis
        2. Addressing digital disparities and access limitations
    3. Technological Advancements/Recent Developments
    4. Regulatory Framework
    5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
  4. Middle East and Africa Cold Chain Monitoring Market Overview
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share and Forecast
      1. By Offering
        1. Hardware
        2. Software
      2. By Temperature Type
        1. Chilled
        2. Frozen
      3. By Logistics
        1. Storage
        2. Logistics
      4. By Application
        1. Pharmaceutical and Healthcare
        2. Food and Beverage
        3. Chemicals
        4. Agriculture
        5. Manufacturing
        6. Others
      5. By Country
        1. Saudi Arabia
        2. UAE
        3. Qatar
        4. Kuwait
        5. South Africa
        6. Nigeria
        7. Algeria
        8. Rest of MEA
  5. Saudi Arabia Cold Chain Monitoring Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Offering
      2. By Temperature Type
      3. By Logistics
      4. By Application
  6. UAE Cold Chain Monitoring Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Offering
      2. By Temperature Type
      3. By Logistics
      4. By Application
  7. Qatar Cold Chain Monitoring Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Offering
      2. By Temperature Type
      3. By Logistics
      4. By Application
  8. Kuwait Cold Chain Monitoring Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Offering
      2. By Temperature Type
      3. By Logistics
      4. By Application
  9. South Africa Cold Chain Monitoring Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Offering
      2. By Temperature Type
      3. By Logistics
      4. By Application
  10. Nigeria Cold Chain Monitoring Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Offering
      2. By Temperature Type
      3. By Logistics
      4. By Application
  11. Algeria Cold Chain Monitoring Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Offering
      2. By Temperature Type
      3. By Logistics
      4. By Application
  12. Rest of MEA Cold Chain Monitoring Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Offering
      2. By Temperature Type
      3. By Logistics
      4. By Application
  13. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Middle East and Africa Cold Chain Monitoring Market Share Analysis, 2023
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
  14. Impact of Escalating Geopolitical Tensions on Middle East and Africa Cold Chain Monitoring Market
  15. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
    1. Emerson Electric Co.
    2. Thermo King
    3. Digi International
    4. Testo SE & Co. KGaA
    5. Elpro Messtechnik GmbH
    6. Berlinger & Co. AG
    7. Other Prominent Players
  16. Key Strategic Recommendations
  17. Research Methodology
    1.   Qualitative Research
      1.  Primary & Secondary Research
    2.   Quantitative Research
    3.   Market Breakdown & Data Triangulation
      1.  Secondary Research
      2.  Primary Research
    4.   Breakdown of Primary Research Respondents, By Region
    5.   Assumptions & Limitations

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable

List of Figures

 

Figure 1       Middle East and Africa Cold Chain Monitoring Market Segmentation

Figure 2       Middle East and Africa Cold Chain Monitoring Market Value Chain Analysis

Figure 3       Company Market Share Analysis, 2023

Figure 4       Middle East and Africa Cold Chain Monitoring Market Size, By Value (USD Billion), 2019-2030

Figure 5       Middle East and Africa Cold Chain Monitoring Market Share, By Offering, By Value, 2019-2030

Figure 6       Middle East and Africa Cold Chain Monitoring Market Share, By Temperature Type, By Value, 2019-2030

Figure 7       Middle East and Africa Cold Chain Monitoring Market Share, By Logistics, By Value, 2019-2030

Figure 8       Middle East and Africa Cold Chain Monitoring Market Share, By Application, By Value, 2019-2030

Figure 9       Middle East and Africa Cold Chain Monitoring Market Share, By Country, By Value, 2019-2030

Figure 10     Saudi Arabia Cold Chain Monitoring Market Size, By Value (USD Billion), 2019-2030

Figure 11     Saudi Arabia Cold Chain Monitoring Market Share, By Offering, By Value, 2019-2030

Figure 12     Saudi Arabia Cold Chain Monitoring Market Share, By Temperature Type, By Value, 2019-2030

Figure 13     Saudi Arabia Cold Chain Monitoring Market Share, By Logistics, By Value, 2019-2030

Figure 14     Saudi Arabia Cold Chain Monitoring Market Share, By Application, By Value, 2019-2030

Figure 15     UAE Cold Chain Monitoring Market Size, By Value (USD Billion), 2019-2030

Figure 16     UAE Cold Chain Monitoring Market Share, By Offering, By Value, 2019-2030

Figure 17     UAE Cold Chain Monitoring Market Share, By Temperature Type, By Value, 2019-2030

Figure 18     UAE Cold Chain Monitoring Market Share, By Logistics, By Value, 2019-2030

Figure 19     UAE Cold Chain Monitoring Market Share, By Application, By Value, 2019-2030

Figure 20     Qatar Cold Chain Monitoring Market Size, By Value (USD Billion), 2019-2030

Figure 21     Qatar Cold Chain Monitoring Market Share, By Offering, By Value, 2019-2030

Figure 22     Qatar Cold Chain Monitoring Market Share, By Temperature Type, By Value, 2019-2030

Figure 23     Qatar Cold Chain Monitoring Market Share, By Logistics, By Value, 2019-2030

Figure 24     Qatar Cold Chain Monitoring Market Share, By Application, By Value, 2019-2030

Figure 25     Kuwait Cold Chain Monitoring Market Size, By Value (USD Billion), 2019-2030

Figure 26     Kuwait Cold Chain Monitoring Market Share, By Offering, By Value, 2019-2030

Figure 27     Kuwait Cold Chain Monitoring Market Share, By Temperature Type, By Value, 2019-2030

Figure 28     Kuwait Cold Chain Monitoring Market Share, By Logistics, By Value, 2019-2030

Figure 29     Kuwait Cold Chain Monitoring Market Share, By Application, By Value, 2019-2030

Figure 30     South Africa Cold Chain Monitoring Market Size, By Value (USD Billion), 2019-2030

Figure 31     South Africa Cold Chain Monitoring Market Share, By Offering, By Value, 2019-2030

Figure 32     South Africa Cold Chain Monitoring Market Share, By Temperature Type, By Value, 2019-2030

Figure 33     South Africa Cold Chain Monitoring Market Share, By Logistics, By Value, 2019-2030

Figure 34     South Africa Cold Chain Monitoring Market Share, By Application, By Value, 2019-2030

Figure 35     Nigeria Cold Chain Monitoring Market Size, By Value (USD Billion), 2019-2030

Figure 36     Nigeria Cold Chain Monitoring Market Share, By Offering, By Value, 2019-2030

Figure 37     Nigeria Cold Chain Monitoring Market Share, By Temperature Type, By Value, 2019-2030

Figure 38     Nigeria Cold Chain Monitoring Market Share, By Logistics, By Value, 2019-2030

Figure 39     Nigeria Cold Chain Monitoring Market Share, By Application, By Value, 2019-2030

Figure 40     Algeria Cold Chain Monitoring Market Size, By Value (USD Billion), 2019-2030

Figure 41     Algeria Cold Chain Monitoring Market Share, By Offering, By Value, 2019-2030

Figure 42     Algeria Cold Chain Monitoring Market Share, By Temperature Type, By Value, 2019-2030

Figure 43     Algeria Cold Chain Monitoring Market Share, By Logistics, By Value, 2019-2030

Figure 44     Algeria Cold Chain Monitoring Market Share, By Application, By Value, 2019-2030

Figure 45     Rest of MEA Cold Chain Monitoring Market Size, By Value (USD Billion), 2019-2030

Figure 46     Rest of MEA Cold Chain Monitoring Market Share, By Offering, By Value, 2019-2030

Figure 47     Rest of MEA Cold Chain Monitoring Market Share, By Temperature Type, By Value, 2019-2030

Figure 48     Rest of MEA Cold Chain Monitoring Market Share, By Logistics, By Value, 2019-2030

Figure 49     Rest of MEA Cold Chain Monitoring Market Share, By Application, By Value, 2019-2030

 

 

List of Tables

 

Table 1 Middle East and Africa Cold Chain Monitoring Market Size, By Value (USD Billion), 2019-2030

Table 2 Middle East and Africa Cold Chain Monitoring Market Share, By Offering, By Value, 2019-2030

Table 3 Middle East and Africa Cold Chain Monitoring Market Share, By Temperature Type, By Value, 2019-2030

Table 4 Middle East and Africa Cold Chain Monitoring Market Share, By Logistics, By Value, 2019-2030

Table 5 Middle East and Africa Cold Chain Monitoring Market Share, By Application, By Value, 2019-2030

Table 6 Middle East and Africa Cold Chain Monitoring Market Share, By Country, By Value, 2019-2030

Table 7 Saudi Arabia Cold Chain Monitoring Market Size, By Value (USD Billion), 2019-2030

Table 8 Saudi Arabia Cold Chain Monitoring Market Share, By Offering, By Value, 2019-2030

Table 9 Saudi Arabia Cold Chain Monitoring Market Share, By Temperature Type, By Value, 2019-2030

Table 10      Saudi Arabia Cold Chain Monitoring Market Share, By Logistics, By Value, 2019-2030

Table 11      Saudi Arabia Cold Chain Monitoring Market Share, By Application, By Value, 2019-2030

Table 12      UAE Cold Chain Monitoring Market Size, By Value (USD Billion), 2019-2030

Table 13      UAE Cold Chain Monitoring Market Share, By Offering, By Value, 2019-2030

Table 14      UAE Cold Chain Monitoring Market Share, By Temperature Type, By Value, 2019-2030

Table 15      UAE Cold Chain Monitoring Market Share, By Logistics, By Value, 2019-2030

Table 16      UAE Cold Chain Monitoring Market Share, By Application, By Value, 2019-2030

Table 17      Qatar Cold Chain Monitoring Market Size, By Value (USD Billion), 2019-2030

Table 18      Qatar Cold Chain Monitoring Market Share, By Offering, By Value, 2019-2030

Table 19      Qatar Cold Chain Monitoring Market Share, By Temperature Type, By Value, 2019-2030

Table 20      Qatar Cold Chain Monitoring Market Share, By Logistics, By Value, 2019-2030

Table 21      Qatar Cold Chain Monitoring Market Share, By Application, By Value, 2019-2030

Table 22      Kuwait Cold Chain Monitoring Market Size, By Value (USD Billion), 2019-2030

Table 23      Kuwait Cold Chain Monitoring Market Share, By Offering, By Value, 2019-2030

Table 24      Kuwait Cold Chain Monitoring Market Share, By Temperature Type, By Value, 2019-2030

Table 25      Kuwait Cold Chain Monitoring Market Share, By Logistics, By Value, 2019-2030

Table 26      Kuwait Cold Chain Monitoring Market Share, By Application, By Value, 2019-2030

Table 27      South Africa Cold Chain Monitoring Market Size, By Value (USD Billion), 2019-2030

Table 28      South Africa Cold Chain Monitoring Market Share, By Offering, By Value, 2019-2030

Table 29      South Africa Cold Chain Monitoring Market Share, By Temperature Type, By Value, 2019-2030

Table 30      South Africa Cold Chain Monitoring Market Share, By Logistics, By Value, 2019-2030

Table 31      South Africa Cold Chain Monitoring Market Share, By Application, By Value, 2019-2030

Table 32      Nigeria Cold Chain Monitoring Market Size, By Value (USD Billion), 2019-2030

Table 33      Nigeria Cold Chain Monitoring Market Share, By Offering, By Value, 2019-2030

Table 34      Nigeria Cold Chain Monitoring Market Share, By Temperature Type, By Value, 2019-2030

Table 35      Nigeria Cold Chain Monitoring Market Share, By Logistics, By Value, 2019-2030

Table 36      Nigeria Cold Chain Monitoring Market Share, By Application, By Value, 2019-2030

Table 37      Algeria Cold Chain Monitoring Market Size, By Value (USD Billion), 2019-2030

Table 38      Algeria Cold Chain Monitoring Market Share, By Offering, By Value, 2019-2030

Table 39      Algeria Cold Chain Monitoring Market Share, By Temperature Type, By Value, 2019-2030

Table 40      Algeria Cold Chain Monitoring Market Share, By Logistics, By Value, 2019-2030

Table 41      Algeria Cold Chain Monitoring Market Share, By Application, By Value, 2019-2030

Table 42      Rest of MEA Cold Chain Monitoring Market Size, By Value (USD Billion), 2019-2030

Table 43      Rest of MEA Cold Chain Monitoring Market Share, By Offering, By Value, 2019-2030

Table 44      Rest of MEA Cold Chain Monitoring Market Share, By Temperature Type, By Value, 2019-2030

Table 45      Rest of MEA Cold Chain Monitoring Market Share, By Logistics, By Value, 2019-2030

Table 46      Rest of MEA Cold Chain Monitoring Market Share, By Application, By Value, 2019-2030

Table 47      Emerson Electric Co. Company Overview

Table 48      Emerson Electric Co. Financial Overview

Table 49      Thermo King Company Overview

Table 50      Thermo King Financial Overview

Table 51      Digi International Company Overview

Table 52      Digi International Financial Overview

Table 53      Testo SE & Co. KGaA Company Overview

Table 54      Testo SE & Co. KGaA Financial Overview

Table 55      Elpro Messtechnik GmbH Company Overview

Table 56      Elpro Messtechnik GmbH Financial Overview

Table 57      Berlinger & Co. AG Company Overview

Table 58      Berlinger & Co. AG Financial Overview

Table 59      Other Prominent Players Company Overview

Table 60      Other Prominent Players Financial Overview

Market Segmentation

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Frequently Asked Questions (FAQs):

Ans: Middle East and Africa Cold Chain Monitoring Market size was estimated at USD 0.23 billion in 2023.
Ans: Middle East and Africa Cold Chain Monitoring Market size is expected to grow at a CAGR of 14.47% during the forecast period between 2024 and 2030.
Ans: Middle East and Africa Cold Chain Monitoring Market size is expected to reach a market value of USD 0.53 billion by 2030.
Ans: Major factors driving the growth of the Middle East and Africa Cold Chain Monitoring Market include economic fluctuations, geopolitical uncertainties, increased urbanization, rising property values, and growing awareness of the importance of property insurance.
Ans: South Africa accounts for the largest market share in the Middle East and Africa Cold Chain Monitoring Market.
Ans: The pharmaceutical and healthcare segment accounts for the highest market share in the Middle East and Africa Cold Chain Monitoring Market by application.
Ans: The pharmaceutical and healthcare segment accounts for the highest market share in the Middle East and Africa Cold Chain Monitoring Market by application.
Ans: The hardware segment accounts for a higher market share in the Middle East and Africa Cold Chain Monitoring Market by offering.
Ans: Key players in the Middle East and Africa Cold Chain Monitoring Market include Emerson Electric Co., Thermo King, Digi International, Testo SE & Co. KGaA, Elpro Messtechnik GmbH, and Berlinger & Co. AG.