Asia Pacific Container Tracking Market

Asia Pacific Container Tracking Market Size, Share & Trends Analysis Report By Technology Type (GPS, RFID, Cellular, and Satellite), By Mode of Transportation (Maritime, Land, and Air), By Offering, By End-User, By Country and Growth Forecast, 2024 - 2031

Report Id: KBV-23150 Publication Date: June-2024 Number of Pages: 132
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Market Report Description

The Asia Pacific Container Tracking Market would witness market growth of 8.3% CAGR during the forecast period (2024-2031).

The China market dominated the Asia Pacific Container Tracking Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,804.3 million by 2031. The Japan market is registering a CAGR of 7.6% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 9% during (2024 - 2031).

Asia Pacific Container Tracking Market

Container tracking monitors shipping containers' location, status, and condition as they move through the supply chain. This is achieved using various technologies and systems that provide real-time visibility and data on the containers, enabling businesses and logistics operators to manage their inventory, optimize transportation routes, and ensure the security and integrity of their shipments.

Additionally, the market has become an integral part of the logistics and supply chain sector. One of the key drivers of the market is the need for improved visibility and control over containerized cargo.

In Asia, China is the largest exporter of goods, with exports totaling over $3 trillion in 2022. The country's manufacturing sector, including electronics, textiles, and machinery, relies heavily on efficient logistics and supply chain management. The need to ensure the timely delivery of goods to markets and maintain competitiveness drives the adoption of container tracking technologies.

Free Valuable Insights: The Global Container Tracking Market is Predict to reach USD 19.1 Billion by 2031, at a CAGR of 7.9%

Based on Technology Type, the market is segmented into GPS, RFID, Cellular, and Satellite. Based on Mode of Transportation, the market is segmented into Maritime, Land, and Air. Based on Offering, the market is segmented into Software, Hardware, and Services. Based on End-User, the market is segmented into Consumer Goods, Food & Beverage, Vehicle Transport, Healthcare Industry, Industrial Products, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.

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List of Key Companies Profiled

  • Orient Overseas Container Line Limited
  • A.P. Moller - Maersk A/S
  • Hapag-Lloyd AG
  • GoComet
  • DP World Logistics FZE (SeaRates)
  • Project44
  • CMA CGM Group
  • E2open Parent Holdings, Inc. (INTTRA)
  • Cosco Shipping Lines Co., Ltd.
  • Evergreen Marine Corporation (Evergreen Group)

Asia Pacific Container Tracking Market Report Segmentation

By Technology Type

  • GPS
  • RFID
  • Cellular
  • Satellite

By Mode of Transportation

  • Maritime
  • Land
  • Air

By Offering

  • Software
  • Hardware
  • Services

By End-User

  • Consumer Goods
  • Food & Beverage
  • Vehicle Transport
  • Healthcare Industry
  • Industrial Products
  • Others

By Country

  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Malaysia
  • Rest of Asia Pacific
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