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Global Cold Chain Equipment Market Predicted to Hit Hit USD 33.5 Billion by 2026: Facts & Factors

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New York, NY, April 14, 2021 (GLOBE NEWSWIRE) — Facts and Factors have published a new research report titled “Cold Chain Equipment Market by Type (Storage Equipment, Transportation Equipment), By Application (Fruits & Vegetables, Fruits pulp concentrates, Dairy Products, Fish, Meat, & Seafood, Processed Food, Pharmaceuticals, Bakery & Confectionaries, Others), and By Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026”.

“According to the research report, the global Cold Chain Equipment Market was estimated at USD 8.4 Billion in 2019 and is expected to reach USD 33.5 Billion by 2026. The global Cold Chain Equipment Market is expected to grow at a compound annual growth rate (CAGR) of 22.0% from 2019 to 2026”.

Cold Chain Equipment Market: Overview and Definition

Globalization has reduced the distance among countries across the world, but the physical distance remains a significant factor in the transportation of certain goods. The longer the distance, the generally it is that the freight or cargo would be damaged during one of the many complicated transportation operations involved. Although some goods, such as glass, can be damaged by shocks, others can be damaged by extreme temperature changes. A low-temperature environment is created by properly enclosing the room and using refrigeration equipment to retain it cool by removing the heat.

Request to Download Your Free Sample Report of Cold Chain Equipment Market @ https://www.fnfresearch.com/sample/cold-chain-equipment-market                           

(The free sample of this report is readily available on request).

Our Free Sample Report Includes:

  • 2020 Updated Report Introduction, Overview, and In-depth industry analysis
  • COVID-19 Pandemic Outbreak Impact Analysis Included
  • 190+ Pages Research Report (Inclusion of Updated Research)
  • Provide Chapter-wise guidance on Request
  • 2020 Updated Regional Analysis with Graphical Representation of Size, Share & Trends
  • Includes Updated List of table & figures
  • Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis
  • Facts and Factors research methodology

(Note: The sample of this report is updated with COVID-19 impact analysis before delivery)

Key Questions Answered in this Report

1) What were the pre and post-business impacts of COVID-19 on the Cold Chain Equipment Market?

2) What is the market size, share of the Cold Chain Equipment Market?

3) Who are the top market players in Cold Chain Equipment Market?

4) What will be the future market of the Cold Chain Equipment Market?

Key Offerings:

  • Market Size & Forecast by Revenue | 2020−2026
  • Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities
  • Market Segmentation – A detailed analysis by product, by types, end-user, applications, segments, and geography
  • Competitive Landscape – Top key vendors and other prominent vendors

Inquire more about this report before purchase @ https://www.fnfresearch.com/inquiry/cold-chain-equipment-market                        

(You may enquire a report quote OR available discount offers to our sales team before purchase.)      

Cold Chain Equipment Market: Industry Major Market Players

  • Blue Cold Refrigeration Pvt. Ltd.
  • Bry-Air; Everidge Inc.
  • Hengel Industrie
  • Henry Schein Inc.
  • Kolpak
  • Modern Ice
  • Polar King International Inc.
  • Thermo Fisher Scientific
  • U.S. Cooler

To know an additional revised 2020 list of market players, request a sample report: https://www.fnfresearch.com/sample/cold-chain-equipment-market   

The term “cold chain” refers to a system that combines temperature-controlled surface transportation with a supply chain. It refers to freezing solutions used to keep items like fresh Agri produce, fish, frozen food, chemicals, photographic film, and prescription drugs in good condition and with a long shelf life. Cold chains are critical for maximizing the shelf life of products, preventing overcapacity, reducing transportation bottlenecks through peak periods, and ensuring product quality. The method entails storing goods in temperature-controlled warehouses and transporting them in cold-insulated transport vehicles. Fruits, vegetables, poultry, beef, medications, and narcotics are all transported and stored using cold chain logistics solutions. Refrigerated trucks, refrigerated freight, refrigerated railcars, and air cargo are among the modes of transportation used.

The market is highly fragmented, with a large number of small businesses across the globe. Along with cold storage equipment suppliers, there is a slew of large-scale cold storage facility operators operating around the world, fueling the market’s rapid expansion.

Directly Purchase a copy of the report with TOC @ https://www.fnfresearch.com/buynow/su/cold-chain-equipment-market

Cold Chain Equipment Market: Market Dynamics

The market is largely driven by the rising demand for frozen food around the world. Over the forecast period, the market will expand due to rising demand for packaged foods in developing economies, as well as an emphasis on reducing food waste. The industry’s growth has been fueled by factors such as changing food habits, increased food spending, and increased intake of fresh food. 

According to the UN Food and Agriculture Organization, processing and post-harvest losses account for more than 40 percent of all food losses, especially in developing nations. This necessitates the construction of energy-efficient and long-term cold storage facilities capable of the food supply by 250 million tons or nearly 15%. To maintain the high food supply, the storage equipment in cold storage facilities must be well-stocked. As a result, the market is growing due to an increase in food demand.

Furthermore, temperature-controlled transportation boxes are often used to transport beef, frozen foods, fresh vegetables, bakery goods, and confectionery goods. The high construction and maintenance costs of storage and transportation equipment, on the other hand, serve as a stumbling block. Because of the high cost of cold chain and shipping equipment, affordability is likely to be hindered. Furthermore, the initial costs of establishing solar-powered cold storage facilities are far higher, but manufacturers are willing to invest because of the long-term benefits, such as the low operational costs associated with solar-powered cold storage facilities.

Request Customized Copy of Report @ https://www.fnfresearch.com/customization/cold-chain-equipment-market

(We customize your report according to your research need. Ask our sales team for report customization.)

North America is projected to Dominate Global Cold Chain Equipment Market Growth

North America dominated the industry in 2019 and is expected to continue to do so during the projected period. This is due to North America’s major fragmentation of cold storage and cold chain equipment firms. Furthermore, the market is expected to be driven by factors such as growing disposable income, rising population, and regulatory measures aimed at ensuring food safety during storage and transportation during the forecast period. The growing demand for fresh meat, seafood, and vegetables is expected to fuel regional market growth even further.

From 2020 to 2026, Asia Pacific is projected to CAGR at a CAGR of 25.2 percent. Due to the COVID-19 pandemic, there has been a rise in the transit of temperature-sensitive pharma products and drugs into and out of the region. Furthermore, market growth is expected to be fueled by the region’s expanding food industry. Following the Asia Pacific, off-grid storage equipment is in high demand in a number of developing nations in Latin America, the Middle East, and Africa. As a result, from 2020 to 2026, these regions are projected to expand the most.

Browse the full “Cold Chain Equipment Market by Type (Storage Equipment, Transportation Equipment), By Application (Fruits & Vegetables, Fruits pulp concentrates, Dairy Products, Fish, Meat, & Seafood, Processed Food, Pharmaceuticals, Bakery & Confectionaries, Others), and By Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026” report at https://www.fnfresearch.com/cold-chain-equipment-market

The global cold chain equipment market is segmented as follows:

By Type:

  • Storage Equipment
  • Transportation Equipment

By Application:

  • Fruits & Vegetables
  • Fruits Pulp Concentrates
  • Dairy Products
  • Fish, Meat, & Seafood
  • Processed Food
  • Pharmaceuticals
  • Bakery & Confectionaries
  • Others

KEY REPORT POINTERS & HIGHLIGHTS:

  • Statistically Validated Analysis of Historical, Current, and Projected Industry Trends with Authenticated Market Sizes Information and Data in terms of Value and Volume, wherever applicable
  • Direct and Indirect Factors that Impacted the Industry as well Projected Rationales expected to affect the industry going forward
  • Micro, Meso, Macro, and In-Depth Analysis of Technically relevant and Commercially viable  Segments and Sub-segments of the Market
  • Historical and Projected Company / Vendor / OEM / Supplier Market Shares, Competitive Landscape, and Player Positioning Data
  • Historical and Current Demand (Consumption) and Supply (Production) Scenarios as well as Projected Supply-Demand Scenario Analysis
  • Detailed List of Key Buyers and End-Users (Consumers) analyzed as per Regions and Applications
  • Value Chain and Supply Chain Analysis along with Horizontal and Vertical Integration Scenarios
  • Manufacturing and Production Cost Structure Analysis including Labor Cost, Raw Material Expenses, and Other Manufacturing Expenses, wherever relevant
  • Overview of Key Marketing Strategies and Key Sales Channels Adopted in the Market

Related Reports:

Artificial Intelligence in Retail Market: https://www.fnfresearch.com/artificial-intelligence-in-retail-market

E-Grocery Market: https://www.fnfresearch.com/e-grocery-market-by-end-users-individuals-organization-1313

Tanker shipment Market: https://www.fnfresearch.com/tanker-shipment-market-by-shipment-type-oil-tankers-1250

Outdoor Furniture Market: https://www.fnfresearch.com/outdoor-furniture-market-by-material-wood-plastic-and-1105

Online On-Demand Laundry Market: https://www.fnfresearch.com/online-on-demand-laundry-market-by-type-laundry-978

About Facts & Factors (FnF Research):

Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds.

Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

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Artificial Intelligence

Elevate Your Virtual Reality Experience with KIWI design RGB Vertical Stand, Now Available on Meta’s Website

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LOS ANGELES, May 11, 2024 /PRNewswire/ — Top-tier VR accessories provider KIWI design has launched its latest product, the RGB Vertical Stand. This Meta-authorized accessory, designed to deepen users’ immersion in the metaverse, is now available on the official Meta website.

“KIWI design’s commitment to pushing the boundaries of virtual reality accessories takes another leap forward with the introduction of our new products,” said Ray,the CEO of KIWI design. “We are always dedicated to bringing innovative upgrades to VR device accessories, with the goal of enriching users’ virtual reality experiences.”
The newly launched RGB Vertical Stand features a user-friendly modular design with push-in assembly, making it easy to set up and use. It is compatible with Meta Quest 3, Quest 2, and Quest Pro, ensuring widespread usability. With a magnetic USB Type-C connector, it provides an effortless way to charge and display your headset. Users can also customize their display with 16 pre-set ambient multicolor RGB light options.
With VR technology constantly evolving, users are seeking more immersive experiences. As a leading manufacturer of VR accessories, KIWI design is committed to enhancing the user experience, through unique product designs. Since its establishment in 2015, KIWI design has acquired over 100 patents and has a diverse product lineup, including head straps, facial interfaces, VR stands, charging accessories, and controller grip covers.
KIWI design has also actively participated in the Made for Meta program, which is provided by Meta to strengthen its partnerships with leading brands to deliver accessories that enhance Meta products with more choice and a richer experience for everyone. KIWI design’s participation in this program validates its high-quality design standards.
The RGB Vertical Stand for Meta Quest 3, Quest 2, and Quest Pro and another specially designed authorized charging dock for the Meta  Oculus Quest 2 are now available for purchase on both KIWI design’s website and Amazon. For more information about our brand and products, please visit our website and follow KIWI design on Facebook, Instagram, X, YouTube and TikTok.
https://www.kiwidesign.com/
https://www.facebook.com/KIWIdesignOfficial
https://www.instagram.com/kiwidesignins/

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Artificial Intelligence

WIO Taps Gracenote to Revolutionize Television Broadcast Reporting

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LOS ANGELES, May 11, 2024 /PRNewswire/ — WIO LLC, parent company of the global TV broadcast airings platform, WIOpro™, has announced a new strategic agreement with Gracenote, the global content data business unit of Nielsen, to address the longstanding challenge of accurately tracking and collecting music royalties generated by broadcast television and digital programming, With this agreement, WIO will integrate Gracenote TV program metadata and show airings into its WIOpro™ (“When’s It On – Professional”) platform enabling performance rights organizations, copyright management organizations and other entities to better monitor broadcast schedules and identify when royalties have been earned.

By integrating Gracenote historical program data into WIOpro’s new LookBack™ feature, WIO is enhancing its reporting capabilities and empowering Collection Societies, Rights Management Companies and the royalty-earning community to more easily monitor and export broadcast airings and better understand collections opportunities.
“At WIO, we are committed to empowering collection societies and copyright holders around the world with our platform tools and unprecedented access to the best and most accurate television broadcast and streaming data available,” said Shawn Pierce, Co-Founder and CEO of WIO LLC. “We have enjoyed an incredible relationship with Gracenote for 10 years. With the solidification of this agreement, we are able to deliver an unrivaled dataset to the royalty and residual community in a way that has not been offered before.” said Adam Shafron, Co-Founder and CTO of WIO LLC.
“WIO’s platform developed to solve the difficult matter of royalty tracking only becomes more powerful based on the integration of accurate, timely and comprehensive Gracenote metadata,” said Scott Monahan, Director, Strategic Partnerships, Gracenote. “We look forward to the combination of WIOpro’s technology and Gracenote’s program metadata delivering on the promise of transforming music royalty collection so that rights holders can be fairly compensated for use of their work.”
WIO and Gracenote will be at the MusicBiz 2024 conference in Nashville, TN May 13 – 16. Contact Dave Pelman, COO of WIO LLC at [email protected] for media queries or to book an appointment for a product demonstration.
About WIO:WIO is a technology company dedicated to providing broadcast television and digital programming data tailored specifically for the royalty and residual collection industry. Through its platform WIOpro (wiopro.com), users obtain access to real-time broadcast insights, reporting and curated data delivery.
About Gracenote:Gracenote is the content data business unit of Nielsen providing entertainment metadata, connected IDs and related offerings to the world’s leading creators, distributors and platforms. Gracenote enables advanced content navigation and discovery capabilities helping individuals easily connect to the TV shows, movies, music, podcasts and sports they love while delivering powerful content analytics making complex business decisions simpler.
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IDTechEx Explores Printed Electronics in Electrified and Autonomous Mobility

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BOSTON, May 10, 2024 /PRNewswire/ — Electrification, autonomy, and vehicle ownership saturation are causing a technological revolution in the automotive sector. These automotive meta-trends are driving drastic changes in electronic component requirements and present a high-volume opportunity for printed electronics to capitalize on.

Historically, printed electronics technologies have nurtured a close relationship with the automotive sector, with printed force sensors pioneering passenger safety through seat occupancy and seatbelt detection. As such, the automotive sector continues to represent the lion’s share of the global printed and flexible sensor market, which IDTechEx’s report on the topic evaluates as worth US$421M in 2024. However, if the automotive sector is to continue to be a reliable revenue stream, printed electronics technology providers must adapt to address the emerging technical challenges facing future mobility.
Augmenting autonomous vehicles with printed electronics
As vehicle autonomy levels advance, the increasing number and distribution of spatial mapping sensors required will need continuous performance improvements to ensure passenger safety. Emerging printed electronics technologies can augment these sensors, extending detection bandwidth and maximizing reliability during operation.
Transparent conductive films (TCFs) are being developed to heat and defog LiDAR sensor panels, ensuring the function is unperturbed by external environmental conditions. Properties such as high transparency and low haze are important for defogging. These properties can be easily tuned using the wide variety of material options available for TCFs, including carbon nanotubes and silver nanowires.
IDTechEx identifies printed heating as a leading application of transparent conductive films. This is attributed to diminishing growth prospects in capacitive touch sensing applications. Innovations in thin film coating techniques have enabled indium tin oxide (ITO) to dominate touch sensing applications, all but displacing TCFs completely.
Looking towards the future, printed electronics technologies could play a more active role in advanced autonomous driving. Emerging semiconductive materials, such as quantum dots, printed directly onto conventional silicon image sensor arrays can extend detection range and sensitivity deeper into the infrared region. Augmenting existing image sensor technology with enhanced spectral range could facilitate the competition of hybrid silicon sensors with established InGaAs detectors.
Printed sensors promise granularized battery health monitoring
Vehicle electrification is driving the sustained development and evolution of electronic management systems, particularly in the battery and electric drivetrain. A strong market pull exists for technologies that increase vehicle efficiency, range, and lifetime while reducing recharge times.
Printed pressure and temperature sensors measure battery cell swelling and thermal profiles, providing granularized physical data that can be used to optimize battery deployment and recharging. Moreover, hybrid printed sensors that combine integrated printed heating elements promise a solution to actively address battery temperature. IDTechEx estimates that printed sensor-enabled battery deployment and charging optimizations could be worth up to US$3000 in savings per vehicle.
There remains uncertainty about whether electrification trends will correspond to increased demand for physical sensors in electric vehicle batteries, owing to the utility of existing electronic readouts for managing deployment. Virtual sensors also pose a threat, where AI-enabled software models interpret data to predict and emulate physical sensor functions without the need for discreet components. However, emerging regulations regarding safety and sensor redundancy will likely favor measurable metrics and see automotive makers continue to adopt physical sensors. IDTechEx predicts that virtual sensors are unlikely to displace their physical counterparts – so long as low-cost sensors remain widely available.
Embedding printed electronics in the car of the future
IDTechEx predicts that global car sales will saturate over the next decade, with automakers increasingly looking for premium features and technical innovations to differentiate themselves from the competition. In-cabin technologies will be highly desirable – as the location where passengers reside and interact with the vehicle the most.
Lighting elements are emerging as a prominent differentiator, described as “the new chrome” by Volkswagen’s chief designer. The use of in-mold structural electronics (IMSE) enables the integration of embedded lighting elements using existing manufacturing processes. 3D electronics technologies are intrinsically attractive for automotive integration, as functional layers are conformable and lightweight while easily embedded within existing aesthetic elements.
Despite strong tailwinds, the adoption of in-mold electronics within automotive interiors has been sluggish. This is attributed to the challenges of meeting automotive qualification requirements, as well as stiff competition with less sophisticated alternatives such as applying functional films to thermoformed parts. Nevertheless, momentum is building, with technology providers like Tactotek partnering with Mercedes-Benz and Stallantis to progress the automotive validation of IMSE to TRL5.
Outlook for printed electronics in automotive applications
Just as printed force sensors heralded early passenger safety systems, printed electronics technology is poised to underpin next-generation innovations for the car of the future. But this time, the competition will be stiff. Critical cost requirements must be met, while desirable new functionality must address existing challenges faced by manufacturers. Printed electronics can play a role in supporting emerging electrified and autonomous mobility, such as augmenting LiDAR sensors or optimizing electric battery deployment. Demand for technologies that enhance passenger experience and vehicle aesthetics will continue to grow, and printed electronics can supply low-power, lightweight lighting solutions for these.
Sustained engagement from tier suppliers and manufacturers continues to make the automotive sector key to printed sensor market growth opportunities – a total market IDTechEx predicts will reach US$960M by 2034. Strong partnerships between material providers and printed electronics technology providers are complementary to those of the highly vertically integrated automotive value chains between tier suppliers and OEMs. Leveraging printing techniques to provide solutions that slot into existing manufacturing processes and designs will be crucial. In the medium term, the printed electronics technologies most likely to realize revenue potential are those that can adapt to service emerging challenges already known to the automotive industry.
For more information on IDTechEx’s research on this topic, please see their report, “Printed and Flexible Sensors 2024-2034: Technologies, Players, Markets”. Downloadable sample pages are available for this report.
For the full portfolio of printed and flexible electronics market research from IDTechEx, please visit www.IDTechEx.com/Research/PE.
About IDTechEx:
IDTechEx provides trusted independent research on emerging technologies and their markets. Since 1999, we have been helping our clients to understand new technologies, their supply chains, market requirements, opportunities and forecasts. For more information, contact [email protected] or visit www.IDTechEx.com. 
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Media Contact:
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