Europe Container Tracking Market

Europe 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-23151 Publication Date: June-2024 Number of Pages: 130
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Market Report Description

The Europe Container Tracking Market would witness market growth of 7.4% CAGR during the forecast period (2024-2031).

The Germany market dominated the Europe Container Tracking Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,088.4 million by 2031. The UK market is exhibiting a CAGR of 6.5% during (2024 - 2031). Additionally, The France market would experience a CAGR of 8.2% during (2024 - 2031).

Europe Container Tracking Market

The ability to monitor containers in real-time has become critical for organizations to effectively manage inventory, optimize routes, and satisfy customer demands as supply chains increasingly become and interconnected.

Moreover, Container tracking systems enable stakeholders to monitor the movement of containers from origin to destination, providing timely information about delays, diversions, or other issues that may impact the supply chain.

European enterprises are progressively implementing container tracking technologies in order to acquire up-to-date information regarding the whereabouts and state of their shipments. This visibility helps companies optimize their supply chain operations, reduce delays, and improve efficiency. The European Union (EU) has implemented regulations that impact container tracking, such as the Union Customs Code (UCC).

Free Valuable Insights: The Global Container Tracking Market will Hit 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

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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)

Europe 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

  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
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