Trailer Telematics Market Size, Share & Trends [2030]
The trailer telematics market is projected to grow from USD 0.77 billion in 2024 to USD 1.41 billion by 2030, at a CAGR of 10.5% from 2024 to 2030.
The growth of the trailer telematics market can be attributed to rising demand for efficient fleet management, strict government regulations, improved security & safety of assets, and increasing demand in cold chain logistics. These equipment also...
Attractive Opportunities in the Cold Chain Market
The cold chain market is estimated to account for a value of USD 203 billion in 2018 and is projected to grow at a CAGR of 7.6% from 2018, to reach a value of USD 293 billion by 2023. The rise in consumer demand for perishable food items, growth of international trade due to trade liberalization, and expansion of the organized food retail industry are some of the factors driving the growth of the...