| Product Code: ETC4442605 | Publication Date: Jul 2023 | Product Type: Report | ||
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India smart container market import shipment demonstrated robust growth with a CAGR of 15.7% from 2020 to 2024. Although there was a slight slowdown in the growth rate between 2023 and 2024 at 13.7%, the market maintained strong momentum, indicating a steadily expanding trend over the period.
The India smart container market has seen remarkable growth as the shipping and logistics industry embraces IoT and connectivity solutions. Smart containers are equipped with various sensors, tracking devices, and communication systems that enable real-time monitoring and management of cargo during transit. In India, the logistics and shipping sector is undergoing a digital transformation, with a focus on enhancing supply chain efficiency, security, and transparency. Smart containers are essential in ensuring the safety and condition of goods, providing real-time location data, and facilitating remote management. As trade volumes increase and global supply chains become more complex, the India smart container market is poised for continued expansion, offering innovative solutions to address the evolving needs of the logistics industry.
The India smart container market is gaining traction due to the need for efficient supply chain management and the growing emphasis on real-time tracking and monitoring of goods during transportation. Smart containers equipped with IoT sensors and connectivity solutions enable better visibility, security, and temperature control. With India expanding logistics and e-commerce sectors, the smart container market is expected to flourish in the coming years.
The smart container market confronts challenges related to tracking, security, and real-time data transmission. Ensuring the efficient movement of goods and cargo while maintaining security remains a top priority.
The COVID-19 pandemic highlighted the importance of supply chain visibility and management. Smart containers, equipped with tracking and monitoring capabilities, have gained attention in logistics and shipping. This trend is expected to drive the growth of the India smart container market as businesses focus on improving the efficiency and security of their supply chains.
In the India Smart Container market, notable players include Maersk India, CMA CGM Group, and Ocean Insights India. These companies offer innovative solutions that incorporate IoT technology to monitor and manage shipping containers, improving supply chain efficiency and security.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Smart Container Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Smart Container Market Revenues & Volume, 2021 & 2031F |
3.3 India Smart Container Market - Industry Life Cycle |
3.4 India Smart Container Market - Porter's Five Forces |
3.5 India Smart Container Market Revenues & Volume Share, By Offering , 2021 & 2031F |
3.6 India Smart Container Market Revenues & Volume Share, By Vertical , 2021 & 2031F |
3.7 India Smart Container Market Revenues & Volume Share, By Technology , 2021 & 2031F |
4 India Smart Container Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of IoT technology in logistics and supply chain management |
4.2.2 Rising demand for real-time tracking and monitoring of goods in transit |
4.2.3 Government initiatives promoting smart city development and digitalization |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with implementing smart container technology |
4.3.2 Concerns regarding data security and privacy in smart container systems |
4.3.3 Lack of standardized regulations and interoperability among smart container solutions |
5 India Smart Container Market Trends |
6 India Smart Container Market, By Types |
6.1 India Smart Container Market, By Offering |
6.1.1 Overview and Analysis |
6.1.2 India Smart Container Market Revenues & Volume, By Offering , 2021-2031F |
6.1.3 India Smart Container Market Revenues & Volume, By Hardware, 2021-2031F |
6.1.4 India Smart Container Market Revenues & Volume, By Software, 2021-2031F |
6.1.5 India Smart Container Market Revenues & Volume, By Services, 2021-2031F |
6.2 India Smart Container Market, By Vertical |
6.2.1 Overview and Analysis |
6.2.2 India Smart Container Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.2.3 India Smart Container Market Revenues & Volume, By Chemicals, 2021-2031F |
6.2.4 India Smart Container Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.2.5 India Smart Container Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3 India Smart Container Market, By Technology |
6.3.1 Overview and Analysis |
6.3.2 India Smart Container Market Revenues & Volume, By GPS, 2021-2031F |
6.3.3 India Smart Container Market Revenues & Volume, By Cellular, 2021-2031F |
6.3.4 India Smart Container Market Revenues & Volume, By Bluetooth Low Energy, 2021-2031F |
6.3.5 India Smart Container Market Revenues & Volume, By LoRaWAN, 2021-2031F |
7 India Smart Container Market Import-Export Trade Statistics |
7.1 India Smart Container Market Export to Major Countries |
7.2 India Smart Container Market Imports from Major Countries |
8 India Smart Container Market Key Performance Indicators |
8.1 Percentage increase in the number of IoT devices deployed in the logistics sector |
8.2 Average time reduction in goods delivery enabled by smart container technology |
8.3 Percentage growth in the adoption of cloud-based solutions for smart container management |
9 India Smart Container Market - Opportunity Assessment |
9.1 India Smart Container Market Opportunity Assessment, By Offering , 2021 & 2031F |
9.2 India Smart Container Market Opportunity Assessment, By Vertical , 2021 & 2031F |
9.3 India Smart Container Market Opportunity Assessment, By Technology , 2021 & 2031F |
10 India Smart Container Market - Competitive Landscape |
10.1 India Smart Container Market Revenue Share, By Companies, 2024 |
10.2 India Smart Container Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |