Global Measurement and Control Systems for Automated Cold Storage Warehouses Market 2017-2021

Overview of the global measurement and control systems for automated cold storage warehouses market

The stringent regulations to control the safety of food are implemented by regulatory bodies such as food safety commission. Technavio’s market research report identifies that the stringent government regulations in the food and beverage industry will be one of the primary growth drivers for the global measurement and control systems for automated cold storage warehouses market till 2021. Such regulations are encouraging countries such as China to upgrade their existing cold storage warehouses and warehouse operations. The adoption of measurement and control systems for automated cold storage is increasing in Australia due to the rising investments in cold storage facilities. The food safety modernization act (FSMA), Canadian food inspection agency (CFIA), and European food safety authority (EFSA) are some of the regulatory bodies that positively influence the adoption of measurement and control systems in these warehouses. Furthermore, the rising need for efficiency among the end-user industries will further support the market. Technavio’s market research analysts predict that this market will grow at a CAGR of more than 7% by 2021.

In terms of geography, the Americas is witnessing growth in the measurement and control systems for automated cold storage warehouses market due to the presence of a highest number of cold chain storage establishments. The adoption of measurement and control systems is increasing in these establishments due to the rising demand for improved efficiency of these cold or refrigerator storage facilities. Also, the distribution requirements and the need to deliver quality products to consumers will drive the installation of cold storage facilities in the organized retail and E-commerce industries in the Americas.

Competitive landscape and key vendors

The measurement and control systems for the automated cold storage warehouses market is characterized by the presence of many vendors. The installation and implementation of cold storage warehouses across the globe are enhancing the scope of opportunity for these cold storage companies. Vendors of the refrigerator storage market are differentiating their products and services to improve the quality of their products.

Key vendors in this market are -

• Airtech International
• Danfoss
• Johnson Controls
• Swisslog
• Thermo Fisher Scientific

Other prominent vendors in the market include ABB, Dematic, Emerson, Honeywell, Schneider Electric, Siemens, SSI SCHAEFER, Storage Control, and Watlow.

Segmentation by solution and analysis of the measurement and control systems for automated cold storage warehouses market

• Hardware
• Software and services

The hardware segment accounted for the majority market share during 2016 due to the growing need for controlling the temperature and other functions within a cold storage warehouse. PLC (programmable logic controller) device is one of the highly-efficient components that are capable of performing the functions of temperature controllers. The demand for hardware components in cold storage warehouses will continue to increase due to the rising number of cold storage warehouses in the food and beverage and pharmaceutical industries.

Segmentation by end-user and analysis of the measurement and control systems for automated cold storage warehouses market

• Food and beverage industry
• Pharmaceuticals industry

The adoption of cold storage warehouses is the maximum in the food and beverage industry. Also, the rising demand for fresh food products will further boost the number of freezer storage warehouses. The organized retail industry is witnessing growth and the preference of consumers to shop from these retailers is also increasing. This encourages the retailers, e-commerce vendors, and manufacturers to invest in automated cold storage facilities to preserve the quality of their food and beverage products.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global measurement and control systems for automated cold storage warehouses market?
• What are the key market trends impacting the growth of the global measurement and control systems for automated cold storage warehouses market?
• What are the challenges to market growth?
• Who are the key vendors in the global measurement and control systems for automated cold storage warehouses market?
• What are the market opportunities and threats faced by the vendors in the global measurement and control systems for automated cold storage warehouses market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global measurement and control systems for automated cold storage warehouses market?

Technavio also offers customization on reports based on specific client requirement.