The global smart container market is anticipated to grow at a CAGR of 20.0% during the forecast period (2023-2030). The market is driven by growing maritime trade activities globally, stringent regulations, a growing collaboration between technology and shipping companies, and technological advancements among others.
In January 2023, Sateliot and Sensefinity announced a partnership to launch global 5G-IoT satellite connectivity for sea containers, which will allow shipping companies to track their cargo in real-time, even in remote areas. According to the company, they will be able to facilitate the first technology of data transmission from 1,000 smart containers, which will save medium shipping companies up to $1.4 million per year on container maintenance and repairs.
Browse the full report description of “Smart Container Market Size, Share & Trends Analysis Report by Component (Hardware, Software, Services), by Technology (GPS (Global Positioning System), LoRa WAN (Long Range Wide Area Network), BLE (Bluetooth Low Energy), Cellular, Others (Internet of Things (IoT), RFID (Radio-frequency identification))), and by End User (Food & beverages, Oil & gas, Pharmaceuticals and Chemicals), Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/smart-container-market
In April 2023, AELER, a logistics technology company, introduced a novel eco-friendly smart container constructed from composite materials. AELER's objective is to curtail the transportation of empty containers through the adoption of this new container.
In March 2023, Meratus, an Indonesian shipping company, launched the SMARCO-Smart Container to improve the efficiency and security of container shipping. SMARCO uses advanced IoT sensors, GPS tracking, and cloud-based technologies to provide businesses with full visibility and control over their shipping containers. SMARCO's security system can detect unauthorized seal breaking, preventing theft or illegal smuggling.
In March 2023, Hapag-Lloyd, a liner shipping company, achieved advancements in its initiative to outfit its reefer container fleet with intelligent monitoring devices. The company successfully deployed monitoring devices on 100,000 of its reefer containers.
Market Coverage
• The market number available for – 2022-2030
• Base year- 2022
• Forecast period- 2023-2030
• Segment Covered-
o By Component
o By technology
o By End user
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- includes AT&T, Inc., Nexiot AG, Orbcomm Inc., and Phillips Connect Technologies LLC among others.
Key questions addressed by the report.
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Smart Container Market Report Segment
By Component
By technology
By End user
Global Smart Container Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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