Report Feature
The future of the smart container market looks promising with opportunities in the food & beverage, pharmaceutical, oil & gas, and chemical industries. The global smart container market is expected to grow with a CAGR of 15% to 17% from 2021 to 2026. The major drivers for this market are increasing adoption of IoT connected devices in shipping and transportation industries and increasing concern regarding wastage and food products.
A more than 150 page report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of smart container market report download the report brochure.
The study includes trends and forecasts for the global smart container market by offering, technology, end use industry, and region as follows:
By Offering [$M shipment analysis for 2015 – 2026]:
- Hardware
- Sensors
- Temperature Sensors
- Pressure Sensors
- Humidity Sensors
- Gas Sensors
- Other Sensors
- Connectivity Devices
- Telematics and Telemetry Devices
- Software
- Services
By Technology [$M shipment analysis for 2015 – 2026]:
- GPS (Global Positioning System)
- Cellular
- LoRa WAN (Long Range Wide Area Network)
- BLE
- Others
By End Use Industry [$M shipment analysis for 2015 – 2026]:
- Food & Beverages
- Pharmaceutical
- Oil & Gas
- Chemicals
- Other
By Region [$M shipment analysis for 2015 – 2026]:
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- United Kingdom
- France
- Italy
- Asia Pacific
- China
- Japan
- India
- South Korea
- The Rest of the World
Hardware will remain the largest offering segment over the forecast period due to increasing demand for sensors in the smart container market.
LoRa WAN (Long Range Wide Area Network) technology is expected to witness the highest growth during the forecast period due to its characteristics of long range penetration. This helps in detecting and monitoring containers that are wide apart.
Europe will remain the largest region during the forecast period due to the presence of major shipping companies that includes Maersk, CMA CGM, Hamburg Sud, and MSC that use huge stock of smart shipping containers.
Some of the smart container companies profiled in this report include Orbcomm, Smart Containers Group AG, Traxens, Globe Tracker, and Nexiot AG, SeaLand (Maersk), Robert Bosch Manufacturing Solutions.
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Features of Smart Container Market |
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This report answers following 11 key questions |
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Q.1 What are some of the most promising potential, high-growth opportunities for the global smart container market by offering (hardware, software, and services), technology (GPS (Global Positioning System), cellular, LoRa WAN (long range wide area network), BLE, and others), end use industry (food & beverages, pharmaceutical, oil & gas, chemicals, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)? Q.2 Which segments will grow at a faster pace and why? Q.3 Which regions will grow at a faster pace and why? Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the smart container market? Q.5 What are the business risks and threats to the smart container market? Q.6 What are the emerging trends in the smart container market and the reasons behind them? Q.7 What are some changing demands of customers in the smart container market? Q.8 What are the new developments in the smart container market? Which companies are leading these developments? Q.9 Who are the major players in the smart container market? What strategic initiatives are being implemented by key players for business growth? Q.10 What are some of the competitive products and processes in the smart container market, and how big of a threat do they pose for loss of market share via material or product substitution? Q.11 What M&A activities did take place in the last five years in the smart container market? |
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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