Middle East and Africa Cold Chain Monitoring Market is expected to grow with a CAGR of 10.1% in the forecast period of 2021 to 2028. The years considered for the study are as mentioned below.
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The Middle East & Africa cold chain monitoring market is a highly fragmented market, which includes a number of key players as well as local players. The market has witnessed increased strategic developments owing to favorable market scenarios.
The major players dealing in the Middle East & Africa cold chain monitoring market are introducing a strong range of product portfolios. This helped companies to maximize sales with an enhanced product portfolio.
For instance,
- In May 2021, MiX Telematics presented its investor presentation at the William Blair Growth Stock Conference. The company presented its products and services that provide enterprise fleets, small fleets, and consumers with efficiency, safety, compliance, and security solutions. With this, they managed to get renowned into the premium market
DAIKAN INDUSTRIES, LTD
The company was founded in 1924, and its headquarter is located in Osaka, Japan. The company is engaged in manufacturing air-conditioning and refrigeration equipment and chemical products. Their product categories include air conditioning, chemicals, and others, where the market-focused category is air conditioning.
- In November 2018, Daikin acquired the AHT, which is an Austrian refrigerating and freezing showcases manufacturer, for the expansion into the commercial refrigeration market. It has helped the company to get recognized in the premium market
The company offers services all over the Middle East & Africa region. The company operates its businesses via other subsidiaries such as Daikin Airconditioning Mexico, S. de R.L. de C.V.(Mexico), DAIKIN McQUAY AR CONDICIONADO BRASIL LTDA. (Brazil), Daikin Australia Pty., Ltd.(Australia), Daikin Europe N.V.(Belgium), among others.
MIX TELEMATICS
The company was founded in 1995, and its headquarter is located in Midrand, South Africa. The company is engaged in manufacturing various storage systems for the factory. The company has several product categories, including fast-moving consumer goods, utilities, cold chain, construction, transportation & distribution, emergency service, oil & gas, material handling, rental & leasing. The market-focused category is the cold chain.
- In May 2021, MiX Telematics presented its investor presentation at the William Blair Growth Stock Conference. The company presented its products and services that provide enterprise fleets, small fleets, and consumers with efficiency, safety, compliance, and security solutions. With this, they managed to get renowned into the premium market
The company has a presence in North America, Asia-Pacific & Middle East & Africa. The company operates its businesses via other subsidiaries such as MiX Telematics Africa (Pty) Ltd. (Australia), Ci Omnibridge Gmbh (Germany), MiX Telematics Enterprise SA Proprietary Limited (Singapore), Roitech Proprietary Limited (U.S.) & Sunstore Limited, among others.
ORBCOMM
The company was founded in 2001 with its headquarter in New Jersey, U.S. The company is engaged in offering solutions that help in tracking, monitoring, controlling, and enhancing the security of various assets. Their product categories, as well as business segments, include network and hardware. Their market-focused segment is hardware.
- In August 2017, the company had launched a next-generation cold chain monitoring solution named ORBCOMM’s PT 6000. This solution includes sensors, connectivity, and cargo watch application. This system offers complete visibility and control over the cold chain, which helps in ensuring the temperature of cargo during the supply chain. This, in turn, propelled the growth of the cold chain monitoring solutions market
The company is present all over Asia-Pacific, Europe, North America, Middle East & Africa. The company operates its businesses via other subsidiaries such as ORBCOMM LLC(U.S), Skygistics (PTY) Ltd(U.S.), Satcom International Group PLC(U.S), ORBCOMM International Holdings (U.S.), WAM Technologies LLC (U.S), ORBCOMM Japan Limited(Japan), and Orbcomm LLC (Africa)
