Smart Containers Market Report: Trends, Forecast and Competitive Analysis to 2030

Smart Containers Trends and Forecast

The future of the global smart containers market looks promising with opportunities in the food & beverages, pharmaceuticals, oil & gas, chemicals markets. The global smart containers market is expected to reach an estimated $14.2 billion by 2030 with a CAGR of 19.2% from 2024 to 2030. The major drivers for this market are intensified emphasis on comprehensive visibility across the entire supply chain, increasing demand for overseeing and managing internal container conditions, and growing integration of iot devices within shipping company operations.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Smart Containers by Segment

The study includes a forecast for the global smart containers by offering, technology, end use, and region.

Smart Containers Market by Offering [Shipment Analysis by Value from 2018 to 2030]:

• Hardware
• Software
• Services

Smart Containers Market by Technology [Shipment Analysis by Value from 2018 to 2030]:

• Global Positioning System
• Cellular
• Lora Wan
• Bluetooth Low Energy

Smart Containers Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

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

Smart Containers Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Smart Containers Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies smart containers companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the smart containers companies profiled in this report include-

• ORBCOMM
• SkyCell
• Traxens
• Phillips connect
• Globe Tracker
• Nexxiot
• Sealand - A Maersk
• MSC
• Ambrosus
• ZillionSource

Smart Containers Market Insights

Lucintel forecasts that hardware will remain the largest segment over the forecast period due to elevated momentum towards embracing technology in the logistics sector.

Within this market, food & beverages is expected to witness the highest growth due to increasing support for smart containers.

APAC will remain the largest region over the forecast period due to rising uptake of various technologies.

Features of the Global Smart Containers Market

Market Size Estimates: Smart containers market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Smart containers market size by offering, technology, end use, and region in terms of value ($B).

Regional Analysis: Smart containers market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different offering, technology, end use, and regions for the smart containers market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the smart containers market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the smart containers market size?

Answer: The global smart containers market is expected to reach an estimated $14.2 billion by 2030.

Q2. What is the growth forecast for smart containers market?

Answer: The global smart containers market is expected to grow with a CAGR of 19.2% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the smart containers market?

Answer: The major drivers for this market are intensified emphasis on comprehensive visibility across the entire supply chain, increasing demand for overseeing and managing internal container conditions and growing integration of iot devices within shipping company operations.

Q4. What are the major segments for smart containers market?

Answer: The future of the smart containers market looks promising with opportunities in the food & beverages, pharmaceuticals, oil & gas, chemicals markets.

Q5. Who are the key smart containers market companies?

Answer: Some of the key smart containers companies are as follows:

• ORBCOMM
• SkyCell
• Traxens
• Phillips connect
• Globe Tracker
• Nexxiot
• Sealand - A Maersk
• MSC
• Ambrosus
• ZillionSource

Q6. Which smart containers market segment will be the largest in future?

Answer: Lucintel forecasts that hardware will remain the largest segment over the forecast period due to elevated momentum towards embracing technology in the logistics sector.

Q7. In smart containers market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region over the forecast period due to rising uptake of various technologies.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the smart containers market by offering (hardware, software, and services), technology (global positioning system, cellular, lora wan, and Bluetooth low energy), end use (food & beverages, pharmaceuticals, oil & gas, chemicals, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?