Berg Perception, the world’s main IoT market analysis supplier, at present launched a brand new market report protecting the trailer and cargo container monitoring market.
The variety of lively monitoring units deployed for cargo carrying models (i.e. trailers, intermodal containers, rail freight wagons, air freight ULDs and pallets) reached 11.1 million worldwide in 2023. Rising at a compound annual progress fee (CAGR) of 15.0 %, this quantity is anticipated to succeed in 22.4 million by 2028. By way of put in models, trailer telematics is at present probably the most developed market, adopted by monitoring units for intermodal containers.
The variety of monitoring units and real-time knowledge loggers in use for common cargo purposes will develop from 2.5 million models on the finish of 2023 to 7.9 million models on the finish of 2028. The determine is an estimate of the common variety of such units that have been in lively use at any given time on the finish of the 12 months. This phase contains each disposable and multi-use units. The overall market worth for all these segments reached an estimated € 2.1 billion in 2023. Rising at a CAGR of 10.2 %, the entire market worth is forecasted to succeed in € 3.5 billion in 2028.
ORBCOMM is the biggest supplier of monitoring options for cargo carrying models, having a big put in base of each trailers and containers. The corporate’s complete put in base reached near 1.6 million models on the finish of 2023. The second and third largest gamers – Nexxiot and SkyBitz – have reached put in bases of about 1.0 million and 750,000 monitoring models respectively. Nexxiot has giant put in bases of each containers and rail freight wagons whereas SkyBitz has the overwhelming majority of its put in base on trailers. Further main suppliers of trailer telematics options are Spireon, Samsara, BlackBerry, CalAmp, Motive, Idem Telematics, Powerfleet, Phillips Join, Schmitz Cargobull, FleetPulse, SCALAR, TGI, EROAD, Axscend, AddSecure and Krone.
Maersk has geared up its whole fleet of 360,000 reefer containers with monitoring units. Different main gamers within the container monitoring phase are Envotech, ZillionSource, Globe Tracker, Traxens, Giesecke+Devrient and Sensolus. Along with Nexxiot, main telematics gamers within the rail business are DOT Telematik and Systemtechnik, Amsted Rail, Siemens, SAVVY Telematic Methods, Cognid Telematik, Cargomon Methods and Intermodal Telematics. Sensitech (a part of Provider), DeltaTrak, Tive, Controlant, Roambee, Frigga (Dewav Digital Know-how), Copeland and OnAsset Intelligence are the main suppliers of cargo monitoring units. Sensos and Trackonomy are additionally a part of this phase, providing sensible label options. Many cargo monitoring gamers provide units that can be utilized on all modes of transport, together with air shipments.
Entry to real-time knowledge on the placement and situation of the cargo and cargo carrying models is vital for cargo homeowners and shippers because it helps optimise logistics processes, save value and enhance buyer companies. Units used for cargo monitoring proceed to lower in value and measurement, enabling further use instances. Sensible labels and different units with a really small footprint are rapidly rising and changing into a high-volume sub-segment of the monitoring options market.
Mr. Apelgren concludes:
“Smart labels represent a massive opportunity for tracking solution vendors and telecom operators”