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