The Asia Pacific Smart Container Market would witness market growth of 19.0% CAGR during the forecast period (2022-2028).
Until the recent past, containers used to be visible only at the time they were docked at ports or after delivery at the consignee. The operators were able to confirm the status of cargo in these two locations only. Theft of cargo, container breakage, and damage to cargo, no such information was accessible while using traditional containers, which is not similar in the case of smart containers. This is further leading to the acceptance of smart containers resulting in market expansion.
The smart containers would enhance on-board ships thus allowing the operators to remotely monitor the temperature inside the container. Furthermore, leasing companies and container crew could also get accurate data to manage their inventory accordingly. The smart container solutions provide ETA at the time of termination, which may help in improving intermodal operations at the port or terminal.
The terminal operators are accountable to locate hazardous goods according the rules and guidelines for segregation of dangerous goods defined by International Maritime Organization (IMO). Smart container solution provides the crew with reliable data, hence enabling operators to ensure whether the cargo meets all the guidelines of IMO.
India has been one of the fastest-growing economies in the world for the past few years. This growth is majorly driven by the rising demand for goods and services. The movement of cargo within the nation and across borders has offered economic opportunities to a large number of people. The logistics industry represents approximately 5% of the Gross Domestic Production (GDP) of India. The nation manages around 4.6 billion tonnes of cargo every year. Due to this, the logistics industry in the region is widely adopting advanced technologies.
The China market dominated the Asia Pacific Smart Container Market by Country in 2021; thereby, achieving a market value of $877 Million by 2028. The Japan market is registering a CAGR of 18.3% during (2022 - 2028). Additionally, The India market would showcase a CAGR of 19.8% during (2022 - 2028).
Based on Vertical, the market is segmented into Food & Beverages, Pharmaceuticals, Oil & Gas, Chemicals and Others. Based on Offering, the market is segmented into Hardware, Software and Services. Based on Technology, the market is segmented into Global Positioning System (GPS), Cellular, Long Range Wide Area Network (LoRa Wan) and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Smart Container Market is Projected to reach USD 10.8 Billion by 2028, at a CAGR of 18.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include A.P. Moller - Maersk A/S, Orbcomm, Inc. (GI Partners L.P.), SkyCell AG, TRAXENS, AirDAO, ZillionSource Technologies, Berlinger & Co. AG, Globe Tracker, ApS, Nexxiot AG and Phillips Connect (Phillips Industries, Inc.).
Scope of the Study
Market Segments Covered in the Report:
By Vertical
- Food & Beverages
- Pharmaceuticals
- Oil & Gas
- Chemicals
- Others
By Offering
By Technology
- Global Positioning System (GPS)
- Cellular
- Long Range Wide Area Network (LoRa Wan)
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- A.P. Moller - Maersk A/S
- Orbcomm, Inc. (GI Partners L.P.)
- SkyCell AG
- TRAXENS
- AirDAO
- ZillionSource Technologies
- Berlinger & Co. AG
- Globe Tracker, ApS.
- Nexxiot AG
- Phillips Connect (Phillips Industries, Inc.)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Smart Container Market, by Vertical
1.4.2 Asia Pacific Smart Container Market, by Offering
1.4.3 Asia Pacific Smart Container Market, by Technology
1.4.4 Asia Pacific Smart Container Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies Deployed in Smart Container Market
Chapter 4. Asia Pacific Smart Container Market by Vertical
4.1 Asia Pacific Food & Beverages Market by Country
4.2 Asia Pacific Pharmaceuticals Market by Country
4.3 Asia Pacific Oil & Gas Market by Country
4.4 Asia Pacific Chemicals Market by Country
4.5 Asia Pacific Others Market by Country
Chapter 5. Asia Pacific Smart Container Market by Offering
5.1 Asia Pacific Hardware Market by Country
5.2 Asia Pacific Software Market by Country
5.3 Asia Pacific Services Market by Country
Chapter 6. Asia Pacific Smart Container Market by Technology
6.1 Asia Pacific Global Positioning System (GPS) Market by Country
6.2 Asia Pacific Cellular Market by Country
6.3 Asia Pacific Long Range Wide Area Network (LoRa Wan) Market by Country
6.4 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific Smart Container Market by Country
7.1 China Smart Container Market
7.1.1 China Smart Container Market by Vertical
7.1.2 China Smart Container Market by Offering
7.1.3 China Smart Container Market by Technology
7.2 Japan Smart Container Market
7.2.1 Japan Smart Container Market by Vertical
7.2.2 Japan Smart Container Market by Offering
7.2.3 Japan Smart Container Market by Technology
7.3 India Smart Container Market
7.3.1 India Smart Container Market by Vertical
7.3.2 India Smart Container Market by Offering
7.3.3 India Smart Container Market by Technology
7.4 South Korea Smart Container Market
7.4.1 South Korea Smart Container Market by Vertical
7.4.2 South Korea Smart Container Market by Offering
7.4.3 South Korea Smart Container Market by Technology
7.5 Singapore Smart Container Market
7.5.1 Singapore Smart Container Market by Vertical
7.5.2 Singapore Smart Container Market by Offering
7.5.3 Singapore Smart Container Market by Technology
7.6 Malaysia Smart Container Market
7.6.1 Malaysia Smart Container Market by Vertical
7.6.2 Malaysia Smart Container Market by Offering
7.6.3 Malaysia Smart Container Market by Technology
7.7 Rest of Asia Pacific Smart Container Market
7.7.1 Rest of Asia Pacific Smart Container Market by Vertical
7.7.2 Rest of Asia Pacific Smart Container Market by Offering
7.7.3 Rest of Asia Pacific Smart Container Market by Technology
Chapter 8. Company Profiles
8.1 A.P. Moller - Maersk A/S
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.2 Orbcomm, Inc. (GI Partners L.P.)
8.2.1 Company Overview
8.2.2 Recent strategies and developments:
8.2.2.1 Partnerships, Collaborations, and Agreements:
8.2.2.2 Product Launches and Product Expansions:
8.3 SkyCell AG
8.3.1 Company Overview
8.4 TRAXENS
8.4.1 Company Overview
8.4.2 Recent strategies and developments:
8.4.2.1 Partnerships, Collaborations, and Agreements:
8.4.2.2 Acquisition and Mergers:
8.5 Globe Tracker, ApS.
8.5.1 Company Overview
8.5.2 Recent strategies and developments:
8.5.2.1 Partnerships, Collaborations, and Agreements:
8.6 Nexxiot AG
8.6.1 Company Overview
8.6.2 Recent strategies and developments:
8.6.2.1 Acquisition and Mergers:
8.7 AirDAO
8.7.1 Company Overview
8.8 ZillionSource Technologies
8.8.1 Company Overview
8.9 Berlinger & Co. AG
8.9.1 Company Overview
8.10. Phillips Connect (Phillips Industries, Inc.)
8.10.1 Company Overview
TABLE 1 Asia Pacific Smart Container Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Smart Container Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific Smart Container Market by Vertical, 2018 - 2021, USD Million
TABLE 4 Asia Pacific Smart Container Market by Vertical, 2022 - 2028, USD Million
TABLE 5 Asia Pacific Food & Beverages Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Food & Beverages Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific Pharmaceuticals Market by Country, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Pharmaceuticals Market by Country, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Oil & Gas Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Oil & Gas Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Chemicals Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Chemicals Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Smart Container Market by Offering, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Smart Container Market by Offering, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Hardware Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Hardware Market by Country, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Software Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Software Market by Country, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Services Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Services Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Smart Container Market by Technology, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Smart Container Market by Technology, 2022 - 2028, USD Million
TABLE 25 Asia Pacific Global Positioning System (GPS) Market by Country, 2018 - 2021, USD Million
TABLE 26 Asia Pacific Global Positioning System (GPS) Market by Country, 2022 - 2028, USD Million
TABLE 27 Asia Pacific Cellular Market by Country, 2018 - 2021, USD Million
TABLE 28 Asia Pacific Cellular Market by Country, 2022 - 2028, USD Million
TABLE 29 Asia Pacific Long Range Wide Area Network (LoRa Wan) Market by Country, 2018 - 2021, USD Million
TABLE 30 Asia Pacific Long Range Wide Area Network (LoRa Wan) Market by Country, 2022 - 2028, USD Million
TABLE 31 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 32 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 33 Asia Pacific Smart Container Market by Country, 2018 - 2021, USD Million
TABLE 34 Asia Pacific Smart Container Market by Country, 2022 - 2028, USD Million
TABLE 35 China Smart Container Market, 2018 - 2021, USD Million
TABLE 36 China Smart Container Market, 2022 - 2028, USD Million
TABLE 37 China Smart Container Market by Vertical, 2018 - 2021, USD Million
TABLE 38 China Smart Container Market by Vertical, 2022 - 2028, USD Million
TABLE 39 China Smart Container Market by Offering, 2018 - 2021, USD Million
TABLE 40 China Smart Container Market by Offering, 2022 - 2028, USD Million
TABLE 41 China Smart Container Market by Technology, 2018 - 2021, USD Million
TABLE 42 China Smart Container Market by Technology, 2022 - 2028, USD Million
TABLE 43 Japan Smart Container Market, 2018 - 2021, USD Million
TABLE 44 Japan Smart Container Market, 2022 - 2028, USD Million
TABLE 45 Japan Smart Container Market by Vertical, 2018 - 2021, USD Million
TABLE 46 Japan Smart Container Market by Vertical, 2022 - 2028, USD Million
TABLE 47 Japan Smart Container Market by Offering, 2018 - 2021, USD Million
TABLE 48 Japan Smart Container Market by Offering, 2022 - 2028, USD Million
TABLE 49 Japan Smart Container Market by Technology, 2018 - 2021, USD Million
TABLE 50 Japan Smart Container Market by Technology, 2022 - 2028, USD Million
TABLE 51 India Smart Container Market, 2018 - 2021, USD Million
TABLE 52 India Smart Container Market, 2022 - 2028, USD Million
TABLE 53 India Smart Container Market by Vertical, 2018 - 2021, USD Million
TABLE 54 India Smart Container Market by Vertical, 2022 - 2028, USD Million
TABLE 55 India Smart Container Market by Offering, 2018 - 2021, USD Million
TABLE 56 India Smart Container Market by Offering, 2022 - 2028, USD Million
TABLE 57 India Smart Container Market by Technology, 2018 - 2021, USD Million
TABLE 58 India Smart Container Market by Technology, 2022 - 2028, USD Million
TABLE 59 South Korea Smart Container Market, 2018 - 2021, USD Million
TABLE 60 South Korea Smart Container Market, 2022 - 2028, USD Million
TABLE 61 South Korea Smart Container Market by Vertical, 2018 - 2021, USD Million
TABLE 62 South Korea Smart Container Market by Vertical, 2022 - 2028, USD Million
TABLE 63 South Korea Smart Container Market by Offering, 2018 - 2021, USD Million
TABLE 64 South Korea Smart Container Market by Offering, 2022 - 2028, USD Million
TABLE 65 South Korea Smart Container Market by Technology, 2018 - 2021, USD Million
TABLE 66 South Korea Smart Container Market by Technology, 2022 - 2028, USD Million
TABLE 67 Singapore Smart Container Market, 2018 - 2021, USD Million
TABLE 68 Singapore Smart Container Market, 2022 - 2028, USD Million
TABLE 69 Singapore Smart Container Market by Vertical, 2018 - 2021, USD Million
TABLE 70 Singapore Smart Container Market by Vertical, 2022 - 2028, USD Million
TABLE 71 Singapore Smart Container Market by Offering, 2018 - 2021, USD Million
TABLE 72 Singapore Smart Container Market by Offering, 2022 - 2028, USD Million
TABLE 73 Singapore Smart Container Market by Technology, 2018 - 2021, USD Million
TABLE 74 Singapore Smart Container Market by Technology, 2022 - 2028, USD Million
TABLE 75 Malaysia Smart Container Market, 2018 - 2021, USD Million
TABLE 76 Malaysia Smart Container Market, 2022 - 2028, USD Million
TABLE 77 Malaysia Smart Container Market by Vertical, 2018 - 2021, USD Million
TABLE 78 Malaysia Smart Container Market by Vertical, 2022 - 2028, USD Million
TABLE 79 Malaysia Smart Container Market by Offering, 2018 - 2021, USD Million
TABLE 80 Malaysia Smart Container Market by Offering, 2022 - 2028, USD Million
TABLE 81 Malaysia Smart Container Market by Technology, 2018 - 2021, USD Million
TABLE 82 Malaysia Smart Container Market by Technology, 2022 - 2028, USD Million
TABLE 83 Rest of Asia Pacific Smart Container Market, 2018 - 2021, USD Million
TABLE 84 Rest of Asia Pacific Smart Container Market, 2022 - 2028, USD Million
TABLE 85 Rest of Asia Pacific Smart Container Market by Vertical, 2018 - 2021, USD Million
TABLE 86 Rest of Asia Pacific Smart Container Market by Vertical, 2022 - 2028, USD Million
TABLE 87 Rest of Asia Pacific Smart Container Market by Offering, 2018 - 2021, USD Million
TABLE 88 Rest of Asia Pacific Smart Container Market by Offering, 2022 - 2028, USD Million
TABLE 89 Rest of Asia Pacific Smart Container Market by Technology, 2018 - 2021, USD Million
TABLE 90 Rest of Asia Pacific Smart Container Market by Technology, 2022 - 2028, USD Million
TABLE 91 Key Information – A.P. Moller - Maersk A/S
TABLE 92 key information – Orbcomm, Inc.
TABLE 93 Key Information – SkyCell AG
TABLE 94 Key Information – TRAXENS
TABLE 95 Key Information – Globe Tracker, ApS.
TABLE 96 Key Information – Nexxiot AG
TABLE 97 Key Information – AirDAO
TABLE 98 Key Information – ZillionSource Technologies
TABLE 99 Key Information – Berlinger & Co. AG
TABLE 100 Key Information – Phillips Connect
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: TRAXENS