The Global Smart Container Market is Expected to Grow at a CAGR of 16% by 2026

According to a new market report published by Lucintel, 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 16% 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.

To download report brochure, please go to https://www.lucintel.com/smart-container-market.aspx and click "download brochure" tab from the menu.

In this market, hardware, software, and services are the major offering types. Hardware will remain the largest offering segment over the forecast period due to increasing demand for sensors in the smart container market.

GPS (Global Positioning System), cellular, LoRa WAN (long range wide area network), and BLE are the major connectivity technologies used 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.

Orbcomm, Smart Containers Group AG, Traxens, Globe Tracker, and Nexiot AG, SeaLand (Maersk), and Robert Bosch Manufacturing Solutions are among the major smart container manufacturers.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global smart container market by offering, technology, end use industry, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Smart Container Market 2021-2026: Size, Trends and Growth Analysis”. This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast 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

This more than 150 page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. We offer market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due Diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.