Smart Container Market Size, Share Global Analysis Report, 2020 – 2026

Industry Insights

[174+ Pages Report] According to the Facts and Factors Research Report, the Global Smart Container market was valued at approximately USD 3.1 Billion in 2020, and is expected to generate revenue of around USD 7.9 Billion by end of 2026, growing at a CAGR of around 17.2% between 2021 and 2026.

Our report offers a detailed analysis of the global Smart Container market along with extensive market forecasts. It also covers the key market and technological trends in the Smart Container market. The market-oriented report further offers a complete analysis of the factors influencing the supply & demand for smart containers and the opportunities & challenges faced by major market players. The research report will prove to be an essential study for the companies or start-ups willing to capitalize on the opportunities and develop new business strategies. Our research analysts provide insights into technological developments, the whole value chain, costs analysis, etc.

Our analysts have used analytical tools to make a comprehensive analysis of the global Smart Container market size which is valued in terms of USD Million. All the market stimulators, drivers, growth & development trends, and market share are clearly provided in the report. The challenges and opportunities faced by the industrial players along with the regional demand and growth trends that help the market expand are presented in the report.

The report includes SWOT analysis, Porter’s Five Forces, and PESTEL analysis to study the market. Porter’s Five Forces helped study the competitive market participants and SWOT analysis offers challenges and opportunities for the market and organization. PESTEL analysis helps provide the factors impacting the firm’s performance. Thus, these tools along with the secondary sources help identify and collect information useful for this extensive techno-commercial study.

The smart container helps real-time tracking, monitoring, security, and more transparency about the product which, in turn, increases the demand for the smart container. The primary factor is the adoption of technological advancements in smart containers like insulating containers to help provide transporting sensitive products. In addition, the increasing implementation of IoT-connected devices by leading shipping companies is also anticipated to propel the global Smart Container market.

Furthermore, the market is gaining momentum basically due to a large amount of data collected during the entire transportation process. The lowering of downtime and streamlining of products thereby helps improve operational efficiency in the maritime industry. Thus, these trends are likely to help propel the global Smart Container market.

The increasing use of smart containers in the logistics and transportation industry help reduce risks and act dynamically in the supply chain that further helps drive the growth of the global Smart Container market. However, the requirement for sensors on the smart containers for monitoring purpose will not only increase its costs but also restrain the growth of the Smart Container market.

Based on offering, the global Smart Container market is divided into Hardware, Software, Connectivity Devices, Telematics, and Telemetry Devices, and Services. On the basis of technology, the market is segregated into GPS, Cellular, BLE, LoRa WAN, and Others. In terms of vertical, the market for Smart Container is categorized into Food & Beverages, Oil & Gas, Pharmaceuticals, Chemicals, and Others. Geographically, the market is sectored into North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.

Report Scope

Top Industry Players

Some of the key players in the global Smart Container market include:

• Globe Tracker
• Orbcomm
• Traxens
• Nexiot AG
• Robert Bosch Manufacturing Solutions (Robert Bosch GmbH)
• Smart Containers Group AG
• Ambrosus
• Phillips Connect Technologies (Division of Phillips Industries)
• ZillionSource Technologies Co. Ltd. (Cisco)
• SeaLand (Maersk)

Global Smart Container market is segmented into:

By Offering

•  Hardware
  • Sensors
  • Temperature sensors
  • Pressure sensors
  • Humidity sensors
  • Gas sensors
• Other sensors
  • Connectivity Devices
  • Telematics and Telemetry Devices
  • Software
  • Services

By Technology

• GPS (Global Positioning System)
• Cellular
• LoRa WAN (Long Range Wide Area Network)
• BLE
• Others

By Vertical

• Food & Beverages
• Pharmaceutical
• Oil & Gas
• Chemicals
•  Others

By Region:

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa