Container tracking unit
total expected to reach
million mark by 2016
Feb 27, 2012 10:44 AM
Research and Markets has announced the addition of analyst firm Berg Insight AB’s new report Container Tracking and Security to its offerings.
According to a new research report from Berg Insight, the number of active remote container tracking units deployed on intermodal shipping containers was 77,000 in fourth quarter 2011. Growing at a compound annual growth rate of 66.9%, this number is expected to reach 1.0 million by 2016. The penetration rate of remote tracking systems in the total population of containers is estimated to increase from 0.4% in 2011 to 3.6% in 2016.
Berg Insight’s definition of a real-time container tracking system is one that incorporates data logging, satellite positioning, and data communication to a back-office application. The market for container tracking systems is still in its early stage. Aftermarket systems mounted on high-value cargo and refrigerated containers will be the first-use cases to adopt container tracking. After recent acquisitions of Startrak and PAR LMS, Orbcomm has emerged as the largest vendor of wireless container tracking devices with systems targeting refrigerated containers.
This report provides:
•Insights from 35 new executive interviews with market leading companies.
•Comprehensive overview of the container tracking value chain and key applications.
•In-depth analysis of market trends and developments.
•Summary of major container tracking initiatives from the European Union and the United States.
•Profiles of 42 container tracking system providers.
•Market forecasts extending until 2016.
For more details, visit www.researchandmarkets.com/research/4142c9/container_tracking.
© 2013 Penton Media Inc.