- The pharmaceutical industry, especially in the wake of COVID-19, has become a major driver as vaccines and biologics require stringent temperature control.
- Countries like China and India are at the forefront of expanding cold chain infrastructure. China has implemented strategic initiatives, including the development of national cold chain logistics bases, to enhance its cold chain capabilities.
- China dominates the Asia-Pacific market, capturing 40.2% of regional revenue in 2025, driven by demand for perishable food products, including seafood, dairy, and exotic fruits.
- The Hardware segment is expected to lead the market with a share of 35.4% in 2025, by the surging demand for perishable food and pharmaceutical products, including vaccines and biologics.
- Governments across the region are enforcing strict regulations on temperature-sensitive logistics, further accelerating the adoption of real-time monitoring systems. While high infrastructure costs and a lack of uniform standards remain key challenges, the proliferation of IoT, AI, and cloud technologies presents compelling opportunities.
