Smart Container Market Size Report Predicts Healthy Growth with Demand & Forecasts by 2024-2031

The global smart container market is anticipated to grow at a CAGR of 20.0% during the forecast period. The market is driven by growing maritime trade activities globally, stringent regulations, a growing collaboration between technology and shipping companies, and technological advancements among others.

In January 2023, Sateliot and Sensefinity announced a partnership to launch global 5G-IoT satellite connectivity for sea containers, which will allow shipping companies to track their cargo in real-time, even in remote areas. According to the company, they will be able to facilitate the first technology of data transmission from 1,000 smart containers, which will save medium shipping companies up to $1.4 million per year on container maintenance and repairs.

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In April 2023, AELER, a logistics technology company, introduced a novel eco-friendly smart container constructed from composite materials. AELER’s objective is to curtail the transportation of empty containers through the adoption of this new container.

In March 2023, Meratus, an Indonesian shipping company, launched the SMARCO-Smart Container to improve the efficiency and security of container shipping. SMARCO uses advanced IoT sensors, GPS tracking, and cloud-based technologies to provide businesses with full visibility and control over their shipping containers. SMARCO’s security system can detect unauthorized seal breaking, preventing theft or illegal smuggling.

In March 2023, Hapag-Lloyd, a liner shipping company, achieved advancements in its initiative to outfit its reefer container fleet with intelligent monitoring devices. The company successfully deployed monitoring devices on 100,000 of its reefer containers.

Global Smart Container Market Report Segment

By Component

  • Hardware
  • Software
  • services

By technology

  • GPS (Global Positioning System)
  • LoRa WAN (Long Range Wide Area Network)
  • BLE (Bluetooth Low Energy)
  • Cellular
  • Others (Internet of Things (IoT), RFID (Radio-frequency identification))

By End user

  • Food & beverages
  • Oil & gas
  • Pharmaceuticals
  • Chemicals

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Smart Container Market Report Segment by Region

 

North America          

  • United States
  • Canada

Europe

  • Germany
  • United Kingdom
  • France
  • Spain
  • Italy
  • Rest of Europe

Asia-Pacific   

  • China
  • Japan
  • India
  • Rest of Asia-Pacific

Rest of the World

  • Middle East & Africa
  • Latin America

Company Profiles

 

  • Ambrosus
  • AT&T, Inc
  • Berlinger & Co. AG
  • CargoSmart Limited
  • China International Marine Containers (Group) Co., Ltd.
  • CMA CGM Group
  • FourKites, Inc.
  • Globe Tracker, ApS
  • MSC Mediterranean Shipping Company S.A.
  • Nexiot AG
  • Orbcomm Inc
  • Phillips Connect Technologies LLC
  • Samsara Inc.

 

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  2. More than 120 countries are for analysis.
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