Electric Power Distribution Automation Systems Market Segmentation, Forecast, Analysis, Industry Size and Share To 2026

The Electric Power Distribution Automation Systems Market is anticipated to reach around USD 23.8 billion by 2026 according to a new research published by Polaris Market Research. In 2017, the industrial segment dominated the global market, in terms of revenue. North America is expected to be the leading contributor to the global market revenue during the forecast period. 

 

The growing adoption of smart cities, along with high demand of smart grids has boosted the adoption of electric power distribution automation systems. The rising demand for electricity, and growing demand for efficient and low-cost solutions for efficient power distribution further support the growth of electric power distribution automation systems market. Increasing investments by vendors in technological advancements, growing need to update existing networks, and increasing ageing infrastructure would accelerate the adoption of electric power distribution automation systems during the forecast period. Growing demand from emerging economies, increasing adoption smart grid applications, and technological advancements are expected to provide numerous growth opportunities in the coming years.

 

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North America generated the highest revenue in the market in 2017, and is expected to lead the global market throughout the forecast period. The presence of established telecom and cloud infrastructure in this region, and growing trend of smart cities drive the market growth in the region. The growing demand from energy sector, and technological advancements further support market growth in the region. The use of smart technologies in energy and utilities, investments in transmission and distribution infrastructure, and increasing ageing infrastructure is expected to support market growth in this region during the forecast period.

 

The companies operating in the market include General Electric, Eaton Corporation Plc, Mitsubishi Electric Corp., ABB Ltd., G&W Electric Company, Schneider Electric, Elster Solutions, Schweitzer Engineering Laboratories, Siemens AG, and S&C Electric Company. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

 

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Voice and speech recognition Market Segmentation, Forecast, Analysis, Industry Size And Share To 2027

The global speech and voice recognition market size is expected to grow to USD 31.49 billion by 2026 according to a new report published by Polaris Market Research. The report “Voice and Speech Recognition Market Share, Size, Trends, Industry Analysis Report By Component (Hardware, Software, Services); By Interface (AI-Based, Non-AI Based); By End-User (Automotive, Healthcare, BFSI, Consumer, Retail, Government, Home security & Automation, Others); By Regions, Segments & Forecast, 2019 – 2026”, provides step-by-step analysis into current market insights and detailed analysis of future market trends.

 

In 2018, the non AI-based voice and speech recognition segment dominated the global market in terms of revenue. North America is expected to be the leading contributor to global market revenue during forecast period. A currently moving demand for virtual assistants at homes and enterprises supports the growth of this market. A growing need for automation in customer service and integration of virtual assistants with smart home appliances (digital homes) drive the growth of market. A need to streamline enterprise communication to improve productivity further supports market growth. Other driving factors include increased use in automobiles, mobile banking applications and Electronic health record applications (EHR). The increasing use in biometric applications for user voice authentication would boost market growth during forecast period. A surging demand from emerging economies and technological advancements are factors expected to provide several growth opportunities in coming years.

 

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An upward interest shone through in cars sector and expanding modernization of vehicles drove showcase development. The thought process being voice acknowledgements diminish mistakes enhancing market effectiveness. IT has been foreseen that half of ventures will be voice essays by 2020.  An increasing number of data lapses such as security attacks give reasonable credence to voice recognition systems that are more reliable authentication methods. Growing number of security concerns drive market.

  

North America came up with highest revenue in the market in 2017 and is anticipated to lead market gains through the forecast period. Use of intelligent virtual assistants to replace traditional interactive response systems has boosted market growth in the region. Use of intelligent virtual assistants is proving effective by enhancing customer and brand experience providing a consumer-friendly environment. The presence of established telecom and cloud infrastructure in the region and growing trend of BYOD drive the market growth in the region. The demand for voice recognition systems has grown significantly in BFSI and healthcare sectors in the regions. Increased adoption of smart homes and smart buildings would provide opportunities for market during forecast period.

 

China is the world’s largest populace and is expected to have high adoption rates for these technologies. The number of mobile transactions has reportedly increased which makes it ideal for implementation of this software.

 

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Market players are introducing new products in the market to cater to a growing customer base and players are venturing into new markets to expand customer portal and make market presence strong.

 

The companies in the speech and voice recognition market include Google, Inc., Baidu, Inc., Facebook, Inc., Amazon.com, Inc., Advanced Voice Recognition Systems, Inc., Apple, Inc., IBM Corporation, Microsoft Corporation, Briana soft, VoiceBox Technologies, Fulcrum Biometrics, Neurotechnology, M2SYS Biometrics, Sensory Inc., Voice Base, INc., Agnitio Corp., Auraya Systems, VoiceTrust and Nuance Communications.

  

Food Service Equipment Market Segmentation, Forecast, Analysis, Industry Size And Share To 2027

 The Global Food Service Equipment Market is anticipated to reach USD 62 billion by 2026 according to a new research published by Polaris Market Research. In 2017, the cooking and food & beverage preparation equipment segments dominated the global market, in terms of revenue. North America is expected to be the leading contributor to the global market revenue during the forecast period.

 

The significant increase in food establishments, and the growing hospitality industry are the major factors driving the growth of the Food Service Equipment market. The changing lifestyles and increasing disposable incomes are leading to higher instances of dining at restaurants and living at hotels and resorts. The growing demand for affordable and energy efficient equipment supports the growth of the market.

 

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Hotels and restaurants are increasingly adopting technologically advanced food service equipment for performing kitchen activities efficiently and offering enhanced services to consumers. Restaurant businesses prefer compact and space efficient equipment, which encourages market players to launch new products in the global market. Increasing spending on the hospitality sector, and tourism activities encourage restaurant owners to improve their infrastructure and offer enhanced services. Moreover, the Food Service Equipment market is also driven by increasing need to use food service equipment that consume less energy and provide faster kitchen services. Growing concerns regarding environment and increasing adoption of energy efficient food service equipment are expected to offer numerous growth opportunities in the future. However, high costs associated with food service equipment, and high installation prices restrict the growth of the Food Service Equipment market.

 

The North America Food Service Equipment market generated the highest revenue in the market in 2017, and is expected to lead the global market during the forecast period. The high living standards along with high disposable income in the region drive the market growth. Other factors supporting market growth in North America include growth in tourism industry, increasing awareness regarding energy efficient equipment, and growing adoption of smart technologies. The Asia-Pacific Food Service Equipment market is expected to grow at a significant rate during the forecast period owing to the increasing population and improving living standards.

 

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The different end-users of food service equipment include hotels and clubs, full service restaurants, quick service restaurants, and others. In 2017, hotels and clubs accounted for the highest market share owing to increasing need to offer enhanced services to consumers. Hotels and clubs are increasingly adopting technologically advanced food service equipment to meet high storage demands and to offer fresh & high quality food. Food establishments are also inclined towards using energy efficient service equipment owing to growing environmental concerns.

 

The leading companies profiled in the Food Service Equipment market report include Dover Corporation, Haier Electronics Group Co., Ltd., Duke Manufacturing Co. Inc., Illinois Tool Works (ITW) Inc., Fujimak Corporation, Duke Manufacturing Co. Inc., Ali Group, Hoshizaki Corporation, Middleby Corporation, Manitowoc Company Inc, and AB Electrolux among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

  

Agricultural Robots Market Segmentation, Forecast, Analysis, Industry Size And Share To 2027

The global Agricultural Robots market is anticipated to reach around USD 19,378.5 million by 2026 according to a new research published by Polaris Market Research. In 2017, the milking robots segment dominated the global market, in terms of revenue. North America is expected to be the leading contributor to the global market in 2017.

 

There has been an increasing adoption of agricultural robots across the world owing to growing agricultural industry, and high-demand for food crops. The growing population, and increasing automation of farm operations further supports the Agricultural Robots market growth. The global agricultural robots market is driven by the increasing need to improve the quality of crops produced, maximize crop production, and enhance productivity. Other factors driving the growth of this market include growth in the global agricultural industry, reducing availability of labors, and increasing labor costs. Increasing need of agricultural robots in farming, dairy production, and green plantation operations has created the need to develop new innovative products for diversified application areas in these sectors. However, high initial investment restricts the growth of the agricultural robots market. Growing demand from emerging economies, and technological advancements are factors expected to provide numerous growth opportunities during the forecast period.

 

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The leading players in the Agricultural Robots market are introducing advanced products to cater to the growing demand of consumers. Agrobot SW 6010 is a harvester robot used for fruit picking and sorting. The Hortibot is a self-propelled robotic system, which works in coordination with global positioning system (GPS) system and can be managed by smartphone application. It has the capability to recognize and cut 25 various types of weeds. Asterix Project, a robot by Adigo is used for spraying herbicides in fields.

 

The North America Agricultural Robots Market generated the highest revenue in the market in 2017. The increasing population, and growing demand for high quality crops drives the growth of this market. Growing cost of labor, and increasing automation in agricultural practices further support market growth. Increasing investments and subsidies in the agriculture sector by governments are expected to boost the adoption of robots for increased productivity in farms. Increasing need to improve food quality and productivity along with increased industrialization and automation of farming equipment further supplements the growth of Agricultural Robots Market.

 

 

The different types of agricultural robots include milking robots, harvesting robots, drones, driverless tractors, and others. In 2017, milking robots accounted for the largest share in the global market. Milking robots are used as an automated milking system in the dairy sector. Lely Astronaut A4 milking machine by Lely is one of the popular products available in the market for milking applications. An innovative product available in this category is Voyager robotic fencer, which is developed by Lely. This robot is used as an automated grazing control system for dairy cows.

 

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The leading companies profiled in the Agricultural Robots Market report include AG Leader Technology, AGCO Corporation, Harvest Automation, Inc., Drone Deploy, Agribotix LLC, Deere & Company, Boumatic Robotics, B.V., Topcon Positioning Systems, Inc., Autonomous Solutions, Inc., GEA Group, CLAAS KGaA mbH, and CNH Industrial. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

 

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Hand Dryer Market Segmentation, Forecast, Analysis, Industry Size And Share To 2027

 The global hand dryer market is anticipated to reach around $1,930 million by 2026 according to a new research published by Polaris Market Research. In 2017, the jet air hand dryer segment dominated the global market, in terms of revenue. Europe was the leading contributor to the global market revenue in 2017.

 

Growing concerns regarding environment, increasing need to reduce energy consumption, and growing need for energy efficient equipment support the growth of hand dryer market during the forecast period. There has been an increasing demand of hand dryers from hotels and restaurants, airports, shopping malls, railway stations, and commercial buildings among others has increased adoption of hand dryers in the recent past. Additionally, energy efficient buildings and need to reduce operation costs would boost growth during the forecast period. Other factors supporting market growth include growing need to reduce wastage of water and paper, increasing awareness, and technological advancements. Furthermore, increasing investments by vendors in technological advancements coupled with research and development further boost the hand dryer market growth.

 

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The demand for advanced and energy efficient hand dryers has increased over the years owing to increasing energy concerns, and environment consciousness across the globe. The increasing awareness among consumers regarding use of energy efficient and smart technology further boosts the adoption of hand dryers. The rising awareness regarding use of eco-friendly solutions, development of smart infrastructure, and increasing adoption of energy efficient buildings are factors expected to promote the hand dryer market growth during the forecast period.

  

Europe generated the highest revenue in the hand dryer market in 2017. The increasing awareness among consumers regarding use of energy efficient equipment, and growing development of energy efficient buildings drive the market growth in the region. Consumers are adopting hand dryers to increase energy efficiency, and reduce operation costs. Numerous key players have adopted partnership and expansion strategies to increase their market share in the markets of the European region.

 

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The major players in the hand dryer market includes Dyson Ltd., Mitsubishi Electric Corporation, Jaquar & Company Pvt Ltd, American Dryer, Inc., Panasonic Corporation, Excel Dryer, Inc., Bradley Corporation, Saniflow Corporation, World Dryer Corporation, and Bobrick Washroom Equipment, Inc. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

Active Electronic Components Market Investment Opportunities In Competitive Environment

 The leading companies profiled in the Active Electronic Components Market report include Infineon Technologies AG, NXP Semiconductors N.V., Toshiba Corporation, Analog Devices, Inc., Texas Instruments, Inc., Hitachi AIC Inc., Panasonic Corporation, Diotec Semiconductor AG, Renesas Electronics Corporation, and Fairchild Semiconductor International, Inc. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

The global Active Electronic Components Market is anticipated to reach around USD 519 billion by 2026 According to a new research published by Polaris Market Research. In 2017, the consumer electronics segment dominated the global market, in terms of revenue. In 2017, North America accounted for the majority share in the global Active Electronic Components market.

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The increasing demand for active electronic components from consumer electronics and wearables, and rising penetration of smart devices drives the growth of the market. The expanding global automotive industry, along with increasing demand from the healthcare sector increases the demand for active electronic components. The rising adoption of MEMS and NEMS technologies, and IoT further boosts the demand of active electronic components.  Other factors driving the market growth include growing modernization of automobiles, technological advancements, and adoption of smart technologies. New emerging markets, emerging consumer demographics, and increasing demand from diversified industries would provide growth opportunities for Active Electronic Components market during the forecast period.

I n 2019, North America accounted for the highest share in the Active Electronic Components market. The primary factors driving the Active Electronic Components market growth in the region include rising demand for security systems and business intelligence, increasing demand for consumer electronics, technological advancements, and high investment in R&D. The rising sale of luxury and modernized vehicles, increasing development of smart cities, and growing adoption of connected devices and IoT further increases the demand of active electronic components in the region.  

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Automotive Transmission Market Segmentation, Forecast, Analysis, Industry Size And Share To 2027

 The global automotive transmission market size is expected to reach USD 252.3 billion by 2026 according to a study published by Polaris Market Research. The report “Automotive Transmission Market Size, Share & Trend Analysis Report By Transmission Type (MT, AT, AMT, Dual Clutch Transmission, CVT); By Vehicle Type; By Fuel Type; By Region Market Size & Segment Forecast, 2019 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The diesel fuel type dominated the global market in 2018. Asia Pacific region accounted for majority share in global market. The paramount interest generated in traveler and business vehicles, and development in worldwide car industry helps car transmissions. The interest in extravagance and comfort in vehicles has expanded fundamentally, particularly from the developing economies. Buyers incline toward agreeable and upgraded driving background, which lifts the car transmission showcase. The presentation of stringent government guidelines with respect to carbon emanations has urged players to pronounce effective car transmission frameworks. New developing markets, rising buyer socioeconomics, and stringent government guidelines would give development chances to Automotive Transmission advertise in the coming years.

 

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In 2018, Asia-Pacific represented as the fastest growing region in the global Automotive Transmission market. The administrations in the region have presented stringent guidelines with respect to vehicular emanations as inferred from ecological concerns. The developing interest for cars in the area, thriving car industry, and innovative progressions would quicken the interest in car transmission systems amid the forecast period. The expanding growth and expanding request from nations, for example, China and India further builds upon the growth of car transmissions in the area. Extension of worldwide players into these nations to tap the potential lifts the development.  A buoyant industry for electric vehicles in the region advances the fulfillment of car transmissions. Asia-Pacific commands the electric vehicle market because of the expanding populace of vehicles and adoption of vehicular emanation gauges of the U.S and European Union by Asia-Pacific nations. Additionally, worries about rising contamination levels have hastened the reception of electric vehicles in this region, along these lines supporting their development.

 

 

On the lines of transmission types, manual transmission type clearly leads the segment. Low costs of vehicles with manual transmission, ease of vehicles with manual transmission, entrenched market for manual transmission vehicles, and absence of focus among purchasers in regard to the tremendous advantages of automatic transmission have worked for the manual transmission section up until this point.

 

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Antimicrobial Coatings Market 2021 | Industry Trends, Leading Players, Share And Forecast

 A comprehensive research report Antimicrobial Coatings Market created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of Global Antimicrobial Coatings Market The report analyzes the Antimicrobial Coatings Market By Raw Material (Inorganic, Organic, and Others); By Product Type (Escherichia Coli, Pseudomonas, Listeria, and Others), By End-use (HVAC, Food industry, Construction, Mold Remediation, Medical and Others)The Antimicrobial Coatings Market has been analyzed By Region (North America, Europe, Asia Pacific and Rest of the World) and By Country (U.S, Canada, United Kingdom, Germany, China and India) for the historical period of 2015-2017 and the forecast period of 2019 – 2026

The global antimicrobial coatings market size is expected to reach USD 7.48 billion by 2026, growing at a CAGR of 12.4% during the forecast periods according to a new study published by Polaris Market Research. Its provides a thorough and detailed analysis with an overview of present trends and future insights.

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 Antimicrobial coatings are paint preparations mixed with a little quantity of biocides to improve resistance towards bacteria, fungi and other pathogens. The coatings are applied on numerous substrates in different end-use applications such as textiles, medical, food processing and packaging, HVAC, automotive and other consumer durables. Many number of biocides used in the formulation include copper, organo-silane, Nano sliver and few other quaternary products.

AMC coatings greatly reduce incidence of nosocomial infections. Hence medical industry in company with number of hospitals mushrooming is a significant driver to growth of antimicrobial coating industry. Medical is the biggest end-use application of antimicrobial coatings. AMC‘s are used regularly in medical/healthcare settings for applications such as catheters, medical devices, medical electronics, trays and others. The demand for antimicrobial coatings is increasing because of healthy demand from North America and Europe where concerns regarding antimicrobial coatings in medical/healthcare industries are voiced strong.

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AMC finds multiple uses in HVAC and food packaging and processing applications thus driving growth in AMC coatings. In HVAC, AMC coatings are rubbed onto vents and other mechanical surfaces. Food industry and applications use these AMC coatings to increase shelf life of products, equivalent to length of product life in stores. With rising demand for ready-to-eat food products, increasing disposable income and consumers living life in the fast lane, the market has found many takers for AMC’s.

Antimicrobials coating market is subject to rigorous quality checks including full testing for potential lethalness and harmful environmental effects as per Central for disease control (CDC) guidelines. Furthermore, the manufacturers of antimicrobial coatings have to develop a clinical standard for testing methods and be in line with sales pitch for Environmental Protection Agency (EPA) FIFRA.

Technology has also had a hand in vital growth of these products. Materials such as Nano- silver have witnessed serious progress and deep R&D activities are also fulfilling growth of Nano-silver. Anti-Microbial Coatings Innovations (AMiCI) consortium is studying the numerous real-life settings for use of AMC coatings with laws and development governing its use.

North America leads regional growth in Global AMC industry. Western Europe and Asia Pacific follow suit. US spending on health sector being quite high contribute to high growth factors for regional market. Japan has a rising geriatric population which leads to increased spending in medical industry thus contributing to high growth for Asia Pacific region.

The global market constitutes a sizeable number of multinationals and regional players. The key market players include Akzo Novel NV, BASF SAE, Dow DuPont, AK Coatings, Inc., BioInteractions Ltd., PPG Industries Inc., Lonza Group Ltd., and Covalon Technologies Ltd..

Segment Analysis

Polaris Market Research has segmented the global antimicrobial coatings market reports on the basis of raw materials, product type, end-use and Region:

AMC Coatings Raw Material Outlook (Revenue USD Million, 2015-2026)

• Inorganic
• Organic
• Others

AMC Coatings Product Type (Revenue USD Million, 2015-2026)

• Escherichia Coli
• Pseudomonas
• Listeria
• Others

AMC Coatings End-use Outlook (Revenue USD Million, 2015-2026)

• HVAC
• Food Industry
• Construction
• Mold Remediation
• Medical
• Others

AMC Coatings Regional Outlook (Revenue USD Million, 2015-2026)

• North America
  • US
  • Canada
• Europe
  • Germany
  • France
• Asia Pacific
  • India
  • China
• Latin America
  • Mexico
  • Brazil
• MEA

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Cannabis testing service Market Segmentation, Forecast, Analysis, Industry Size And Share To 2027

 The global cannabis testing service market expected to reach US$ 3.4 billion by 2027 according to a new study by Polaris Market Research. The report “Cannabis Testing Service Market Share, Size, Trends, Industry Analysis Report, By Service (Potency Testing, Terpene Profiling, Heavy Metal Testing, Pesticide Screening, Microscopy Testing, Residual Solvent Screening, and Others); By End-Use; By Regions; Segment Forecast, 2020 – 2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

With the growing need to contain drug abuse and adulteration in cannabis, there is a strong need for quality testing labs in developed economies, this acts as a pivotal factor in boosting the sale of cannabis. Moreover, the positive scenario of scientific literature, clinical trials, and consumer awareness is creating a strong favorable narrative for the market.

 

The global cannabis testing service industry is fragmented based on service, end-use, and region. In terms of service, the market is segmented into potency test, terpene profiling, heavy metal test, pesticide screening, microscopy test, residual solvent screening, and others. Based on end-use, the market is further bifurcated into drug manufacturers, cultivators/growers, and research institutes & labs.

 

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Segment Highlights

• The potency test segment is estimated to hold a major share in the global cannabis testing service industry, as the use of cannabis is rising in medicinal purposes. The segment is expected to witness significant growth over the forecast period.
• 
  
• Based on end-use, the cannabis cultivators/growers’ segment is projected to constitute almost half of the market in 2027. The high share is attributed to the fact that most of the cultivator desire to have in-house testing capabilities.
• 
  
• North America market accounted for the dominant share in 2019 in terms of revenue owing to the growing research & development in the field of hemp for medical use. In addition, the growing demand for marijuana in healthcare industry is likely to complement market growth

 

List of Key Players

• Shimadzu Corporation
• Agilent Technologies
• PerkinElmer, Inc.
• Waters Corporation
• CannaSys, Inc.
• PharmLabs, LLC
• Saskatchewan Research Council (SRC)
• Eurofins Scientific
• CW ANALYTICAL
• GreenLeaf Lab
• Praxis Laboratory
• SGS Canada Inc.

 

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Polaris Market Research has segmented the cannabis testing service market report on the basis service type, end-use, and region

 

Cannabis Testing Service, Service Outlook (Revenue – USD Million, 2016 – 2027)

• Potency Test
• Terpene Profiling
• Heavy Metal Test
• Pesticide Screening
• Microscopy Test
• Residual Solvent Screening
• Others

Cannabis Testing Service, End-Use Outlook (Revenue – USD Million, 2016 – 2027)

• Cannabis Drug Manufacturers
• Cannabis Cultivators/Growers
• Others (Research Institutes & Labs)

Cannabis Testing Service, Regional Outlook (Revenue – USD Million, 2016 – 2027)

• North America (U.S., Canada)
• Europe (France, Germany, UK, Spain, Netherlands, Austria)
• Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
• Latin America (Brazil, Mexico, Argentina)
• MEA (Saudi Arabia, UAE, Israel, South Africa)

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Biopharma Cold chain logistics Market Segmentation, Forecast, Analysis, Industry Size And Share To 2027

 The global biopharma cold chain logistics market size is expected to reach USD 26.8 Billion by 2027 according to a new study by Polaris Market Research. The Report “Biopharma Cold Chain Logistics Market Share, Size, Trends, Industry Analysis Report, By Component (Storage {Warehouse, and Refrigerated Container}, Transportation {Sea Freight Logistics, Air Freight Logistics, and Overland Logistics}, and Monitoring Components {Hardware [Sensors, RFID Devices, Telematics, and Networking Devices], and Software); By Regions; Segment Forecast, 2020 – 2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The global market is anticipated to grow owing to the necessity of cold chain infrastructure in the supply chain network for the temperature sensitive vaccines and drugs, cost containment measures, and technology enabled services for real time monitoring. Moreover, government’s positive initiatives to reduce the wastage and enhancement of services at the local level is also expected to boost the investments in the concerned market.

 

The market is fragmented based on type, component, and region. In terms of type, the market is segmented into cold and non-cold. Based on component, the biopharma cold chain logistics market is bifurcated as storage, transportation, and monitoring components. Storage segment is further segmented as warehouse, and refrigerated container. Transportation is further segregated as sea freight logistics, air freight logistics, and overland logistics. Monitoring components is bifurcated as hardware and software.

 

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Segment Highlight :

• The storage segment accounted for the largest revenue share in 2019 and is expected to continue its dominance over the forecast period on account of the growing demand for temperature-sensitive pharmaceuticals.
• Monitoring components segment is expected to witness significant growth over the projected period on account of the increasing need to maintain safety and integrity of the biopharmaceuticals
• North America accounted for the largest revenue share in 2019 owing to the growing demand for biopharma cold chain logistics and presence of several market players operating in the U.S. and Canada

List of Key Players

• Air Canada
• DB Schenker
• Kuehne+ Nagel
• United Parcel Service of America, Inc.
• Deutsche Post AG

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Polaris Market Research has segmented the biopharma cold chain logistics market report on the basis of component and region

 

Biopharma Cold Chain Logistics, Component Outlook (Revenue – USD Million, 2016 – 2027)

• Storage
• Warehouse
• Refrigerated Container
• Transportation
• Sea Freight Logistics
• Air Freight Logistics
• Overland Logistics
• Monitoring Components
• Hardware
• Sensors
• RFID Devices
• Telematics
• Networking Devices
• Software

Biopharma Cold Chain Logistics, Regional Outlook (Revenue – USD Million, 2016 – 2027)

• North America (U.S., Canada)
• Europe (France, Germany, UK, Spain, Netherlands, Austria)
• Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
• Latin America (Brazil, Mexico, Argentina)
• MEA (Saudi Arabia, UAE, Israel, South Africa)

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