The installed base of container tracking systems will reach 1.0 million by 2016
Written by Berg Insight
Monday, 13 February 2012
Gothenburg, Sweden February 10, 2012: According to a new research report from the
analyst firm Berg Insight, the number of active remote container tracking units
deployed on intermodal shipping containers was 77,000 in Q4-2011. Growing at a
compound annual growth rate (CAGR) of 66.9 percent, 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 percent in
2011 to 3.6 percent in 2016. Berg Insights definition of a real-time container
tracking solution is a system that incorporates data logging, satellite
positioning and data communication to a back-office application.
The market for container tracking solutions is still in its early
stage. Aftermarket solutions mounted on high value cargo and refrigerated
containers will be the first use cases to adopt container tracking. Orbcomm has
after recent acquisitions of Startrak and PAR LMS emerged as the largest vendor
of wireless container tracking devices with solutions targeting refrigerated
containers. Qualcomm, ID Systems and Telular are prominent vendors focusing on
inland transportation in North America, which
is so far the most mature market for container tracking solutions. PearTrack
Systems, Honeywell Global Tracking, EPSa and Kirsen Global Security are examples
of companies offering dedicated solutions targeting the global end-to-end
container transport chain.
Ever since the events of 9/11, there have been a lot of activities
to bring container tracking solutions to the market, said Johan Svanberg,
senior analyst, Berg Insight. He adds that it is however first now that
technology advancement, declining hardware prices and market awareness are
starting to come together to make remote container tracking solutions
attractive. Container telematics can help stakeholders to comply with
regulations and meet the high demands on security, information visibility and
transportation efficiency that comes with global supply chains concluded Mr.
Svanberg.
Berg Insight offers premier business intelligence to the telecom
industry. We produce concise reports providing key facts and strategic insights
about pivotal developments in our focus areas. Our vision is to be the most
valuable source of intelligence for our customers.
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