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Smart Containers Trends and Forecast
The future of the global smart containers market looks promising with opportunities in the food & beverages, pharmaceuticals, oil & gas, chemicals markets. The global smart containers market is expected to reach an estimated $14.2 billion by 2030 with a CAGR of 19.2% from 2024 to 2030. The major drivers for this market are intensified emphasis on comprehensive visibility across the entire supply chain, increasing demand for overseeing and managing internal container conditions, and growing integration of iot devices within shipping company operations.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Smart Containers by Segment
The study includes a forecast for the global smart containers by offering, technology, end use, and region.
Smart Containers Market by Offering [Shipment Analysis by Value from 2018 to 2030]:
• Hardware
• Software
• Services
Smart Containers Market by Technology [Shipment Analysis by Value from 2018 to 2030]:
• Global Positioning System
• Cellular
• Lora Wan
• Bluetooth Low Energy
Smart Containers Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Food & Beverages
• Pharmaceuticals
• Oil & Gas
• Chemicals
• Others
Smart Containers Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Smart Containers Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies smart containers companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the smart containers companies profiled in this report include-
• ORBCOMM
• SkyCell
• Traxens
• Phillips connect
• Globe Tracker
• Nexxiot
• Sealand – A Maersk
• MSC
• Ambrosus
• ZillionSource
Smart Containers Market Insights
Lucintel forecasts that hardware will remain the largest segment over the forecast period due to elevated momentum towards embracing technology in the logistics sector.
Within this market, food & beverages is expected to witness the highest growth due to increasing support for smart containers.
APAC will remain the largest region over the forecast period due to rising uptake of various technologies.
Features of the Global Smart Containers Market
Market Size Estimates: Smart containers market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Smart containers market size by offering, technology, end use, and region in terms of value ($B).
Regional Analysis: Smart containers market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different offering, technology, end use, and regions for the smart containers market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the smart containers market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the smart containers market size?
Answer: The global smart containers market is expected to reach an estimated $14.2 billion by 2030.
Q2. What is the growth forecast for smart containers market?
Answer: The global smart containers market is expected to grow with a CAGR of 19.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the smart containers market?
Answer: The major drivers for this market are intensified emphasis on comprehensive visibility across the entire supply chain, increasing demand for overseeing and managing internal container conditions and growing integration of iot devices within shipping company operations.
Q4. What are the major segments for smart containers market?
Answer: The future of the smart containers market looks promising with opportunities in the food & beverages, pharmaceuticals, oil & gas, chemicals markets.
Q5. Who are the key smart containers market companies?
Answer: Some of the key smart containers companies are as follows:
• ORBCOMM
• SkyCell
• Traxens
• Phillips connect
• Globe Tracker
• Nexxiot
• Sealand – A Maersk
• MSC
• Ambrosus
• ZillionSource
Q6. Which smart containers market segment will be the largest in future?
Answer: Lucintel forecasts that hardware will remain the largest segment over the forecast period due to elevated momentum towards embracing technology in the logistics sector.
Q7. In smart containers market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to rising uptake of various technologies.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the smart containers market by offering (hardware, software, and services), technology (global positioning system, cellular, lora wan, and bluetooth low energy), end use (food & beverages, pharmaceuticals, 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 region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Smart Containers Market, Smart Containers Market Size, Smart Containers Market Growth, Smart Containers Market Analysis, Smart Containers Market Report, Smart Containers Market Share, Smart Containers Market Trends, Smart Containers Market Forecast, Smart Containers Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Smart Containers Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Smart Containers Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Smart Containers Market by Offering
3.3.1: Hardware
3.3.2: software
3.3.3: Services
3.4: Global Smart Containers Market by Technology
3.4.1: Global Positioning System
3.4.2: Cellular
3.4.3: LoRa Wan
3.4.4: Bluetooth Low Energy
3.5: Global Smart Containers Market by End Use
3.5.1: Food & Beverages
3.5.2: Pharmaceuticals
3.5.3: Oil & Gas
3.5.4: Chemicals
3.5.5: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Smart Containers Market by Region
4.2: North American Smart Containers Market
4.2.2: North American Smart Containers Market by End Use: Food & Beverages, Pharmaceuticals, Oil & Gas, Chemicals, and Others
4.3: European Smart Containers Market
4.3.1: European Smart Containers Market by Offering: Hardware, software, and Services
4.3.2: European Smart Containers Market by End Use: Food & Beverages, Pharmaceuticals, Oil & Gas, Chemicals, and Others
4.4: APAC Smart Containers Market
4.4.1: APAC Smart Containers Market by Offering: Hardware, software, and Services
4.4.2: APAC Smart Containers Market by End Use: Food & Beverages, Pharmaceuticals, Oil & Gas, Chemicals, and Others
4.5: ROW Smart Containers Market
4.5.1: ROW Smart Containers Market by Offering: Hardware, software, and Services
4.5.2: ROW Smart Containers Market by End Use: Food & Beverages, Pharmaceuticals, Oil & Gas, Chemicals, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Smart Containers Market by Offering
6.1.2: Growth Opportunities for the Global Smart Containers Market by Technology
6.1.3: Growth Opportunities for the Global Smart Containers Market by End Use
6.1.4: Growth Opportunities for the Global Smart Containers Market by Region
6.2: Emerging Trends in the Global Smart Containers Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Smart Containers Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Smart Containers Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: ORBCOMM
7.2: SkyCell
7.3: Traxens
7.4: Phillips connect
7.5: Globe Tracker
7.6: Nexxiot
7.7: Sealand – A Maersk
7.8: MSC
7.9: Ambrosus
7.10: ZillionSource
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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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