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North America Storage Refrigeration Monitoring Market Size, Share & Industry Trends Analysis Report By Industry, By Application, By Component (Compressor, Condenser, Evaporator, Expansion Valve), By System Type, By Country and Growth Forecast, 2023 - 2030

Published Date : 31-Jul-2023

Pages: 130

Formats: PDF

The North America Storage Refrigeration Monitoring Market would witness market growth of 7.6% CAGR during the forecast period (2023-2030).

In order to continuously collect and evaluate data on temperature, humidity, pressure, and other relevant parameters, storage refrigeration monitoring systems use information logging devices, sensors, and monitoring software programs. The fundamental goal of storage refrigeration monitoring systems is to ensure that perishable commodities, such as food, medicines, vaccines, and other temperature-sensitive goods, are stored in the safest and most efficient manner possible.

In the manufacturing and commercial sectors, refrigeration systems are frequently used. Gas liquefaction is a crucial application for these technologies. As part of air filtration, it is also employed for the condensation of water vapor to lower the moisture level. Storage refrigeration monitoring systems are also employed in chemical plants, petrochemical plants, and oil refineries to keep low temperatures in several operations. Additionally, shipping commodities like temperature-sensitive meals and other items call for refrigeration. To keep them from spoiling, dairy products require constant refrigeration. Studies have shown that eggs also require refrigeration when being transported. Therefore, food storage refrigeration reduces the growth of bacteria and preserves the food edible for longer.

It is anticipated that the region's advanced healthcare infrastructure would support the establishment of storage refrigeration monitoring systems. Due to the increased demand from food warehouses as well as food logistics operators for temperature monitors, this region now maintains a sizeable market share. The rising rate of obesity in the region is affecting consumer food habits, and as a result, Fresh and organic foods are becoming more and more popular. Furthermore, Canada is the second-largest producer of blueberries in the world, and the industry has a fully integrated supply chain for processing and production. Consequently, these elements offer the regional market promising potential opportunities.

The US market dominated the North America Storage Refrigeration Monitoring Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $3.7 billion by 2030. The Canada market is estimated to witness a CAGR of 10.1% during (2023 - 2030). Additionally, The Mexico market would showcase a CAGR of 9.1% during (2023 - 2030).

Based on Industry, the market is segmented into Food & Beverages, Healthcare, Chemical & Pharmaceuticals, Residential, and Others. Based on Application, the market is segmented into Fresh Fruits & Vegetables, Beverages, Medical & Pharmaceutical Products, Dairy & Icecream, Meat, and Others. Based on Component, the market is segmented into Compressor, Condenser, Evaporator, Expansion Valve, and Others. Based on System Type, the market is segmented into Software, Hardware, and Services. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

Free Valuable Insights: The Worldwide Storage Refrigeration Monitoring Market is Projected to reach USD 15.3 Billion by 2030, at a CAGR of 8.4%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Carrier Global Corporation (Sensitech, Inc.), Raytheon Technologies Corporation, Evapco, Inc., The Danfoss Group, Daikin Industries Ltd., Emerson Electric Co., GEA Group AG, Ingersroll Rand, Inc., Johnson Controls International PLC, Mayekawa Mfg. Co., Ltd.

Scope of the Study

Market Segments Covered in the Report:

By Industry

  • Food & Beverages
  • Healthcare
  • Chemical & Pharmaceuticals
  • Residential
  • Others

By Application

  • Fresh Fruits & Vegetables
  • Beverages
  • Medical & Pharmaceutical Products
  • Dairy & Icecream
  • Meat
  • Others

By Component

  • Compressor
  • Condenser
  • Evaporator
  • Expansion Valve
  • Others

By System Type

  • Software
  • Hardware
  • Services

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Key Market Players

List of Companies Profiled in the Report:

  • Carrier Global Corporation (Sensitech, Inc.)
  • Raytheon Technologies Corporation
  • Evapco, Inc.
  • The Danfoss Group
  • Daikin Industries Ltd.
  • Emerson Electric Co.
  • GEA Group AG
  • Ingersroll Rand, Inc.
  • Johnson Controls International PLC
  • Mayekawa Mfg. Co., Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Storage Refrigeration Monitoring Market, by Industry
1.4.2 North America Storage Refrigeration Monitoring Market, by Application
1.4.3 North America Storage Refrigeration Monitoring Market, by Component
1.4.4 North America Storage Refrigeration Monitoring Market, by System Type
1.4.5 North America Storage Refrigeration Monitoring Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Forces Analysis

Chapter 4. Strategies Deployed in Storage Refrigeration Monitoring Market

Chapter 5. North America Storage Refrigeration Monitoring Market by Industry
5.1 North America Food & Beverages Market by Country
5.2 North America Healthcare Market by Country
5.3 North America Chemical & Pharmaceuticals Market by Country
5.4 North America Residential Market by Country
5.5 North America Others Market by Country

Chapter 6. North America Storage Refrigeration Monitoring Market by Application
6.1 North America Fresh Fruits & Vegetables Market by Country
6.2 North America Beverages Market by Country
6.3 North America Medical & Pharmaceutical Products Market by Country
6.4 North America Dairy & Icecream Market by Country
6.5 North America Meat Market by Country
6.6 North America Others Market by Country

Chapter 7. North America Storage Refrigeration Monitoring Market by Component
7.1 North America Compressor Market by Country
7.2 North America Condenser Market by Country
7.3 North America Evaporator Market by Country
7.4 North America Expansion Valve Market by Country
7.5 North America Others Market by Country

Chapter 8. North America Storage Refrigeration Monitoring Market by System Type
8.1 North America Software Market by Country
8.2 North America Hardware Market by Country
8.3 North America Services Market by Country

Chapter 9. North America Storage Refrigeration Monitoring Market by Country
9.1 US Storage Refrigeration Monitoring Market
9.1.1 US Storage Refrigeration Monitoring Market by Industry
9.1.2 US Storage Refrigeration Monitoring Market by Application
9.1.3 US Storage Refrigeration Monitoring Market by Component
9.1.4 US Storage Refrigeration Monitoring Market by System Type
9.2 Canada Storage Refrigeration Monitoring Market
9.2.1 Canada Storage Refrigeration Monitoring Market by Industry
9.2.2 Canada Storage Refrigeration Monitoring Market by Application
9.2.3 Canada Storage Refrigeration Monitoring Market by Component
9.2.4 Canada Storage Refrigeration Monitoring Market by System Type
9.3 Mexico Storage Refrigeration Monitoring Market
9.3.1 Mexico Storage Refrigeration Monitoring Market by Industry
9.3.2 Mexico Storage Refrigeration Monitoring Market by Application
9.3.3 Mexico Storage Refrigeration Monitoring Market by Component
9.3.4 Mexico Storage Refrigeration Monitoring Market by System Type
9.4 Rest of North America Storage Refrigeration Monitoring Market
9.4.1 Rest of North America Storage Refrigeration Monitoring Market by Industry
9.4.2 Rest of North America Storage Refrigeration Monitoring Market by Application
9.4.3 Rest of North America Storage Refrigeration Monitoring Market by Component
9.4.4 Rest of North America Storage Refrigeration Monitoring Market by System Type

Chapter 10. Company Profiles
10.1 Carrier Global Corporation (Sensitech, Inc.)
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expenses
10.1.5 SWOT Analysis
10.2 Raytheon Technologies Corporation
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expense
10.2.5 SWOT Analysis
10.3 Evapco, Inc.
10.3.1 Company Overview
10.3.2 Recent strategies and developments:
10.3.2.1 Acquisition and Mergers:
10.3.3 SWOT Analysis
10.4 The Danfoss Group
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expenses
10.4.5 Recent strategies and developments:
10.4.5.1 Partnerships, Collaborations, and Agreements:
10.4.5.2 Acquisition and Mergers:
10.4.6 SWOT Analysis
10.5 Daikin Industries Ltd.
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research & Development Expenses
10.5.5 Recent strategies and developments:
10.5.5.1 Product Launches and Product Expansions:
10.5.5.2 Acquisition and Mergers:
10.5.5.3 Partnerships, Collaborations, and Agreements:
10.5.6 SWOT Analysis
10.6 Emerson Electric Co.
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expense
10.6.5 SWOT Analysis
10.7 GEA Group AG
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.7.4 Research & Development Expense
10.7.5 SWOT Analysis
10.8 Ingersoll Rand, Inc.
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental and Regional Analysis
10.8.4 Research & Development Expenses
10.8.5 SWOT Analysis
10.9 Johnson Controls International PLC
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Segmental & Regional Analysis
10.9.4 Research & Development Expenses
10.9.5 Recent strategies and developments:
10.9.5.1 Acquisition and Mergers:
10.9.5.2 Product Launches and Product Expansions:
10.9.6 SWOT Analysis
10.10. Mayekawa Mfg. Co., Ltd.
10.10.1 Company Overview
10.10.2 SWOT Analysis
TABLE 1 North America Storage Refrigeration Monitoring Market, 2019 - 2022, USD Million
TABLE 2 North America Storage Refrigeration Monitoring Market, 2023 - 2030, USD Million
TABLE 3 North America Storage Refrigeration Monitoring Market by Industry, 2019 - 2022, USD Million
TABLE 4 North America Storage Refrigeration Monitoring Market by Industry, 2023 - 2030, USD Million
TABLE 5 North America Food & Beverages Market by Country, 2019 - 2022, USD Million
TABLE 6 North America Food & Beverages Market by Country, 2023 - 2030, USD Million
TABLE 7 North America Healthcare Market by Country, 2019 - 2022, USD Million
TABLE 8 North America Healthcare Market by Country, 2023 - 2030, USD Million
TABLE 9 North America Chemical & Pharmaceuticals Market by Country, 2019 - 2022, USD Million
TABLE 10 North America Chemical & Pharmaceuticals Market by Country, 2023 - 2030, USD Million
TABLE 11 North America Residential Market by Country, 2019 - 2022, USD Million
TABLE 12 North America Residential Market by Country, 2023 - 2030, USD Million
TABLE 13 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 15 North America Storage Refrigeration Monitoring Market by Application, 2019 - 2022, USD Million
TABLE 16 North America Storage Refrigeration Monitoring Market by Application, 2023 - 2030, USD Million
TABLE 17 North America Fresh Fruits & Vegetables Market by Country, 2019 - 2022, USD Million
TABLE 18 North America Fresh Fruits & Vegetables Market by Country, 2023 - 2030, USD Million
TABLE 19 North America Beverages Market by Country, 2019 - 2022, USD Million
TABLE 20 North America Beverages Market by Country, 2023 - 2030, USD Million
TABLE 21 North America Medical & Pharmaceutical Products Market by Country, 2019 - 2022, USD Million
TABLE 22 North America Medical & Pharmaceutical Products Market by Country, 2023 - 2030, USD Million
TABLE 23 North America Dairy & Icecream Market by Country, 2019 - 2022, USD Million
TABLE 24 North America Dairy & Icecream Market by Country, 2023 - 2030, USD Million
TABLE 25 North America Meat Market by Country, 2019 - 2022, USD Million
TABLE 26 North America Meat Market by Country, 2023 - 2030, USD Million
TABLE 27 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 28 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 29 North America Storage Refrigeration Monitoring Market by Component, 2019 - 2022, USD Million
TABLE 30 North America Storage Refrigeration Monitoring Market by Component, 2023 - 2030, USD Million
TABLE 31 North America Compressor Market by Country, 2019 - 2022, USD Million
TABLE 32 North America Compressor Market by Country, 2023 - 2030, USD Million
TABLE 33 North America Condenser Market by Country, 2019 - 2022, USD Million
TABLE 34 North America Condenser Market by Country, 2023 - 2030, USD Million
TABLE 35 North America Evaporator Market by Country, 2019 - 2022, USD Million
TABLE 36 North America Evaporator Market by Country, 2023 - 2030, USD Million
TABLE 37 North America Expansion Valve Market by Country, 2019 - 2022, USD Million
TABLE 38 North America Expansion Valve Market by Country, 2023 - 2030, USD Million
TABLE 39 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 40 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 41 North America Storage Refrigeration Monitoring Market by System Type, 2019 - 2022, USD Million
TABLE 42 North America Storage Refrigeration Monitoring Market by System Type, 2023 - 2030, USD Million
TABLE 43 North America Software Market by Country, 2019 - 2022, USD Million
TABLE 44 North America Software Market by Country, 2023 - 2030, USD Million
TABLE 45 North America Hardware Market by Country, 2019 - 2022, USD Million
TABLE 46 North America Hardware Market by Country, 2023 - 2030, USD Million
TABLE 47 North America Services Market by Country, 2019 - 2022, USD Million
TABLE 48 North America Services Market by Country, 2023 - 2030, USD Million
TABLE 49 North America Storage Refrigeration Monitoring Market by Country, 2019 - 2022, USD Million
TABLE 50 North America Storage Refrigeration Monitoring Market by Country, 2023 - 2030, USD Million
TABLE 51 US Storage Refrigeration Monitoring Market, 2019 - 2022, USD Million
TABLE 52 US Storage Refrigeration Monitoring Market, 2023 - 2030, USD Million
TABLE 53 US Storage Refrigeration Monitoring Market by Industry, 2019 - 2022, USD Million
TABLE 54 US Storage Refrigeration Monitoring Market by Industry, 2023 - 2030, USD Million
TABLE 55 US Storage Refrigeration Monitoring Market by Application, 2019 - 2022, USD Million
TABLE 56 US Storage Refrigeration Monitoring Market by Application, 2023 - 2030, USD Million
TABLE 57 US Storage Refrigeration Monitoring Market by Component, 2019 - 2022, USD Million
TABLE 58 US Storage Refrigeration Monitoring Market by Component, 2023 - 2030, USD Million
TABLE 59 US Storage Refrigeration Monitoring Market by System Type, 2019 - 2022, USD Million
TABLE 60 US Storage Refrigeration Monitoring Market by System Type, 2023 - 2030, USD Million
TABLE 61 Canada Storage Refrigeration Monitoring Market, 2019 - 2022, USD Million
TABLE 62 Canada Storage Refrigeration Monitoring Market, 2023 - 2030, USD Million
TABLE 63 Canada Storage Refrigeration Monitoring Market by Industry, 2019 - 2022, USD Million
TABLE 64 Canada Storage Refrigeration Monitoring Market by Industry, 2023 - 2030, USD Million
TABLE 65 Canada Storage Refrigeration Monitoring Market by Application, 2019 - 2022, USD Million
TABLE 66 Canada Storage Refrigeration Monitoring Market by Application, 2023 - 2030, USD Million
TABLE 67 Canada Storage Refrigeration Monitoring Market by Component, 2019 - 2022, USD Million
TABLE 68 Canada Storage Refrigeration Monitoring Market by Component, 2023 - 2030, USD Million
TABLE 69 Canada Storage Refrigeration Monitoring Market by System Type, 2019 - 2022, USD Million
TABLE 70 Canada Storage Refrigeration Monitoring Market by System Type, 2023 - 2030, USD Million
TABLE 71 Mexico Storage Refrigeration Monitoring Market, 2019 - 2022, USD Million
TABLE 72 Mexico Storage Refrigeration Monitoring Market, 2023 - 2030, USD Million
TABLE 73 Mexico Storage Refrigeration Monitoring Market by Industry, 2019 - 2022, USD Million
TABLE 74 Mexico Storage Refrigeration Monitoring Market by Industry, 2023 - 2030, USD Million
TABLE 75 Mexico Storage Refrigeration Monitoring Market by Application, 2019 - 2022, USD Million
TABLE 76 Mexico Storage Refrigeration Monitoring Market by Application, 2023 - 2030, USD Million
TABLE 77 Mexico Storage Refrigeration Monitoring Market by Component, 2019 - 2022, USD Million
TABLE 78 Mexico Storage Refrigeration Monitoring Market by Component, 2023 - 2030, USD Million
TABLE 79 Mexico Storage Refrigeration Monitoring Market by System Type, 2019 - 2022, USD Million
TABLE 80 Mexico Storage Refrigeration Monitoring Market by System Type, 2023 - 2030, USD Million
TABLE 81 Rest of North America Storage Refrigeration Monitoring Market, 2019 - 2022, USD Million
TABLE 82 Rest of North America Storage Refrigeration Monitoring Market, 2023 - 2030, USD Million
TABLE 83 Rest of North America Storage Refrigeration Monitoring Market by Industry, 2019 - 2022, USD Million
TABLE 84 Rest of North America Storage Refrigeration Monitoring Market by Industry, 2023 - 2030, USD Million
TABLE 85 Rest of North America Storage Refrigeration Monitoring Market by Application, 2019 - 2022, USD Million
TABLE 86 Rest of North America Storage Refrigeration Monitoring Market by Application, 2023 - 2030, USD Million
TABLE 87 Rest of North America Storage Refrigeration Monitoring Market by Component, 2019 - 2022, USD Million
TABLE 88 Rest of North America Storage Refrigeration Monitoring Market by Component, 2023 - 2030, USD Million
TABLE 89 Rest of North America Storage Refrigeration Monitoring Market by System Type, 2019 - 2022, USD Million
TABLE 90 Rest of North America Storage Refrigeration Monitoring Market by System Type, 2023 - 2030, USD Million
TABLE 91 Key Information – Carrier Global Corporation
TABLE 92 Key Information – Raytheon Technologies Corporation
TABLE 93 Key Information – Evapco, Inc.
TABLE 94 Key Information – The Danfoss Group
TABLE 95 Key Information – daikin industries ltd.
TABLE 96 Key Information – Emerson Electric Co.
TABLE 97 Key Information – GEA Group AG
TABLE 98 Key Information – Ingersoll Rand, Inc.
TABLE 99 Key Information – Johnson Controls International PLC
TABLE 100 Key Information – Mayekawa Mfg. Co., Ltd.

List of Figures
FIG 1 Methodology for the research
FIG 2 North America Storage Refrigeration Monitoring Market, 2019 - 2030, USD Million
FIG 3 Key Impacting Factors storage refrigeration monitoring market
FIG 4 Porter’s Five Forces Analysis - Refrigeration Monitoring Market
FIG 5 North America Storage Refrigeration Monitoring Market share by Industry, 2022
FIG 6 North America Storage Refrigeration Monitoring Market share by Industry, 2030
FIG 7 North America Storage Refrigeration Monitoring Market by Industry, 2019 - 2030, USD Million
FIG 8 North America Storage Refrigeration Monitoring Market share by Application, 2022
FIG 9 North America Storage Refrigeration Monitoring Market share by Application, 2030
FIG 10 North America Storage Refrigeration Monitoring Market by Application, 2019 - 2030, USD Million
FIG 11 North America Storage Refrigeration Monitoring Market share by Component, 2022
FIG 12 North America Storage Refrigeration Monitoring Market share by Component, 2030
FIG 13 North America Storage Refrigeration Monitoring Market by Component, 2019 - 2030, USD Million
FIG 14 North America Storage Refrigeration Monitoring Market share by System Type, 2022
FIG 15 North America Storage Refrigeration Monitoring Market share by System Type, 2030
FIG 16 North America Storage Refrigeration Monitoring Market by System Type, 2019 - 2030, USD Million
FIG 17 North America Storage Refrigeration Monitoring Market share by Country, 2022
FIG 18 North America Storage Refrigeration Monitoring Market share by Country, 2030
FIG 19 North America Storage Refrigeration Monitoring Market by Country, 2019 - 2030, USD Million
FIG 20 SWOT Analysis: Carrier Global Corporation
FIG 21 SWOT Analysis: Raytheon Technologies Corporation
FIG 22 SWOT Analysis: Evapco, Inc.
FIG 23 Recent strategies and developments: The Danfoss Group
FIG 24 SWOT Analysis: The Danfoss Group
FIG 25 Recent strategies and developments: daikin industries ltd.
FIG 26 Swot Analysis: Daikin Industries Ltd.
FIG 27 Swot analysis: Emerson Electric CO.
FIG 28 Swot analysis: GEA Group AG
FIG 29 Swot analysis: Ingersroll Rand, Inc
FIG 30 Recent strategies and developments: Johnson Controls International PLC
FIG 31 Swot analysis: Johnson Controls International PLC
FIG 32 Swot analysis: Mayekawa Mfg. Co., Ltd.

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