Refrigeration Monitoring Market

By Component;

Hardware[Sensors (Temperature, Humidity, Pressure, Vibration, and Others), Data Loggers, Control Units/Monitors and Others], Software and Services

By Application;

Food Retail, Food & Beverage Processing, Pharmaceuticals & Life Sciences, Cold Chain Logistics, Hospitality & Catering and Others

By Deployment Mode;

On-Premises and Cloud-Based

By Type;

Stationary Refrigeration Systems [Walk-In Coolers & Freezers, Display Cases, Cold Rooms, Industrial Chillers] and Transport Refrigeration Systems

By Connectivity Technology;

Wired and Wireless

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn461961007 Published Date: October, 2025 Updated Date: November, 2025

Refrigeration Monitoring Market Overview

Refrigeration Monitoring Market (USD Million)

Refrigeration Monitoring Market was valued at USD 10,032.12 million in the year 2024. The size of this market is expected to increase to USD 18,221.66 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.9%.


Refrigeration Monitoring Market

*Market size in USD million

CAGR 8.9 %


Study Period2025 - 2031
Base Year2024
CAGR (%)8.9 %
Market Size (2024)USD 10,032.12 Million
Market Size (2031)USD 18,221.66 Million
Market ConcentrationMedium
Report Pages382
10,032.12
2024
18,221.66
2031

Major Players

  • Emerson
  • Danfoss
  • TE Connectivity
  • Texas Instruments
  • Monnit
  • Zebra
  • Orbcomm
  • ContRoLAnt
  • Samsara
  • Smartsense
  • Budderfly
  • Climate Pros

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Refrigeration Monitoring Market

Fragmented - Highly competitive market without dominant players



The Refrigeration Monitoring Market is growing quickly as industries demand real-time oversight of cooling operations. Nearly 44% of food distributors, retailers, and pharmaceutical firms now use monitoring systems to secure safety, compliance, and efficiency. Their role in protecting product integrity and reducing waste continues to drive adoption.

Technological Advancements
Cutting-edge monitoring solutions now feature IoT integration, cloud connectivity, and advanced sensor technology. About 37% of current deployments include automated alerts and data-driven analytics to maximize uptime. These capabilities enhance accuracy, operational transparency, and proactive decision-making.

Energy Efficiency and Sustainability
Sustainability is a major driver, with nearly 41% of companies using monitoring tools to curb energy losses, refrigerant leakage, and emissions. By lowering utility costs and supporting green compliance, monitoring solutions are positioned as critical tools in sustainable refrigeration practices.

Growing Industry Adoption
Adoption continues to expand across supermarkets, healthcare, and cold chain storage facilities. Close to 46% of organizations depend on monitoring systems for preventing breakdowns, safeguarding perishables, and meeting regulations. Their integration into maintenance and safety strategies is accelerating growth.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Component
    2. Market Snapshot, By Application
    3. Market Snapshot, By Deployment Mode
    4. Market Snapshot, By Type
    5. Market Snapshot, By Connectivity Technology
    6. Market Snapshot, By Region
  4. Refrigeration Monitoring Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Demand for Cold Chain Logistics
        2. Increasing Adoption of Cloud-Based Solutions
        3. Growing Concerns About Food Waste
        4. Demand from Healthcare Sector
        5. Advancements in IoT and Sensor Technologies
      2. Restraints
        1. Lack of Awareness and Technical Expertise
        2. Limited Connectivity in Remote Areas
        3. Complexity in Multi-Site Deployments
      3. Opportunities
        1. Expansion of E-commerce and Online Grocery
        2. Integration with Data Analytics and AI
        3. Vertical Integration in Supply Chain Management
        4. Development of Smart Sensors and IoT Devices
        5. Collaboration with Energy Management Companies
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Refrigeration Monitoring Market, By Component, 2021 - 2031 (USD Million)
      1. Hardware
        1. Sensors
          1. Temperature
          2. Humidity
          3. Pressure
          4. Vibration
          5. Others
        2. Data Loggers
        3. Control Units/Monitors
        4. Others
      2. Software
      3. Services
    2. Refrigeration Monitoring Market, By Application, 2021 - 2031 (USD Million)
      1. Food Retail
      2. Food & Beverage Processing
      3. Pharmaceuticals & Life Sciences
      4. Cold Chain Logistics
      5. Hospitality & Catering
      6. Others
    3. Refrigeration Monitoring Market, By Deployment Mode, 2021 - 2031 (USD Million)
      1. On-Premises
      2. Cloud-Based
    4. Refrigeration Monitoring Market, By Type, 2021 - 2031 (USD Million)
      1. Stationary Refrigeration Systems
        1. Walk-In Coolers & Freezers
        2. Display Cases
        3. Cold Rooms
        4. Industrial Chillers
      2. Transport Refrigeration Systems
    5. Refrigeration Monitoring Market, By Connectivity Technology, 2021 - 2031 (USD Million)
      1. Wired
      2. Wireless
    6. Refrigeration Monitoring Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape Analysis
    1. Company Profiles
      1. Emerson Electric Co.
      2. Danfoss
      3. Daikin Industries Ltd.
      4. Zebra Technologies Corporation
      5. Samsara Inc.
      6. Monnit Corporation
      7. Digi International
      8. ORBCOMM
      9. Carrier
      10. Controlant
      11. Thermo Fisher Scientific
      12. Berlinger & Co. AG
      13. Haier
      14. Dover Corporation
      15. Testo SE & Co. KGaA
  7. Analyst Views
  8. Future Outlook of the Market