Refrigerated Road Transport Market, by Transportation Modes, Technology, and Geography - Trends, and Forecast, 2022 - 2028

Refrigerated Road Transport Market, by Transportation Modes, Technology, and Geography - Trends, and Forecast, 2022 - 2028

Refrigerated road transport refers to the automotive systems designed for transportation of perishable freights at specific temperatures to retain its quality over its course. These automotive are integrated with cooling apparatus, powered by small displacement diesel engines or utilize dry ice as cooling agent to maintain specific temperatures. Requirement to maintain the edible quality of the products and compliance to the regional food quality regulations, is projected to be among the prominent growth driver of the refrigerated road transport market over the forecast period (2017–2025).
Market Dynamics
Significant growth of multi-chain food and beverage retail industry is anticipated to be among the prominent growth driver of the industry. Food and beverages industry retailing and servicing has witnessed considerable evolution over the last few years. Business models providing online services to cater the consumer appetite requirements, high growth in consumer motivation towards packaged foods are among the prominent trends witnessed across all the major economies of the globe. In conjunction with these factors, development of stringent food quality standards, to safeguard consumer health will present strong growth prospects over the next few years. For instance, Food Guidance & Regulation – FDA in U.S., General Food Law Regulation and European Food Safety Authority (EFSA) in Europe regulate the standards for manufacturing, processing, industry systems, and import/export activities. However, high initial investment and maintenance cost of these systems is expected to be among the major factors that will continue to hamper the overall industry growth over the next few years.
Key features of the study:

This report provides in-depth analysis of refrigerated road transport, market size (US$ Million), and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
It profiles leading players in the global refrigerated road transport market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, refrigerated road transport market capital, key developments, strategies, and future plans
Key companies covered as a part of this study include China International Marine Containers (Group) Ltd., Daikin Industries, Ltd., Hyundai Motor Company, Ingersoll-Rand PLC (Thermo King), Lamberet SAS, Schmitz Cargobull AG, Singamas Container Holdings Limited, United Technologies Corporation (Carrier Corporation), Utility Trailer Manufacturing Company, and Wabash National Corporation
Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launches, product up-gradation, market expansion, and marketing tactics
The global refrigerated road transport market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision making through the various strategy matrices used in analyzing the global refrigerated road transport market

Detailed Segmentation:

Global Refrigerated Road Transport Market, By Transportation Mode:

LCV
MHCV
HCV

Global Refrigerated Road Transport Market, By Cooling Type:

Chilled
Frozen

Global Refrigerated Road Transport Market, By Technology:

Cryogenic systems
Vapor Compression Systems

Global Refrigerated Road Transport Market, By Geography:

North America

By Transportation Mode:

LCV
MHCV
HCV

By Cooling Type:

Chilled
Frozen

By Technology:

Cryogenic systems
Vapor Compression Systems

By Country:

U.S.
Canada

Europe

By Transportation Mode:

LCV
MHCV
HCV

By Cooling Type:

Chilled
Frozen

By Technology:

Cryogenic systems
Vapor Compression Systems

By Country:

Germany
UK
France
Italy
Spain
Russia
Rest of Europe

Asia Pacific

By Transportation Mode:

LCV
MHCV
HCV

By Cooling Type:

Chilled
Frozen

By Technology:

Cryogenic systems
Vapor Compression Systems

By Country:

China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific

Latin America

By Transportation Mode:

LCV
MHCV
HCV

By Cooling Type:

Chilled
Frozen

By Technology:

Cryogenic systems
Vapor Compression Systems

By Country:

Brazil
Mexico
Rest of Latin America

Middle East & Africa

By Transportation Mode:

LCV
MHCV
HCV

By Cooling Type:

Chilled
Frozen

By Technology:

Cryogenic systems
Vapor Compression Systems

By Country:

GCC Countries
Israel
Rest of Middle East

Company Profiles

China International Marine Containers (Group) Ltd.*

Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/ Updates

China International Marine Containers (Group) Ltd.
Daikin Industries, Ltd.
Hyundai Motor Company
Ingersoll-Rand PLC (Thermo King)
Lamberet SAS
Schmitz Cargobull AG
Singamas Container Holdings Limited
United Technologies Corporation (Carrier Corporation)
Utility Trailer Manufacturing Compan
Wabash National Corporation

"*" marked represents similar segmentation in other categories in the respective section.