Refrigerated Transport Market, By Transport Type ([Refrigerated Road Transport (Refrigerated Light Commercial Vehicles (LCV), Refrigerated Medium & Heavy Commercial Vehicles (MHCV), and Refrigerated Heavy Commercial Vehicles (HCV), Refrigerated Sea Transport, Refrigerated Rail Transport, and Refrigerated Air Transport)]), By Technology : (Vapor Compression Systems, Air Blown Evaporators, and Eutectic Devices), By Temperature: (Single Temperature and Multi-temperature), By Application: (Chilled Food Products (Milk, Bakery & Confectionery Products, Dairy Products, Beverages, and Fresh Fruits & Vegetables) and Frozen Food Products (Ice Cream, Frozen Dairy Products, Processed Meat, Fish & Sea Food, and Bakery Products), By Region (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
Temperature-controlled and conditioned freight shipment of perishable food items, such as confectionery, fruits and vegetables, dairy products, seafood, fish, and meat, is known as "refrigerated transport.”. The food is kept in the temperature-controlled system for a longer period of time thanks to clever design. The demand for frozen food (raw materials) is anticipated to grow, which is further anticipated to fuel the growth of the global refrigerated transport market over the next few years due to the rising number of small and large food chains around the world, along with growing HoReCa sectors, particularly in developing economies.
Market Dynamics:
The market for refrigerated transportation has a variety of market dynamics, with increased demand for frozen and perishable goods and significant growth in the food and beverage sector as its main drivers. One market opportunity is the use of intermodal transportation to reduce fuel costs. Additionally, there are upcoming market trends like the rise in demand for pharmaceutical drug delivery as well as some market restraints like the impact of climate change on transportation infrastructure and high capital investment and energy costs.
Key features of the study:
This report provides in-depth analysis of the Global Refrigerated Transport Market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global Refrigerated Transport Market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include China International Marine Containers (Group) Ltd., Daikin Industries, Ltd., Great Dane Trailers, Inc., HYUNDAI Translead, Ingersoll-Rand PLC (Thermo King), Lamberet SAS, Mitsubishi Heavy Industries, Ltd., Schmitz Cargobull AG, Singamas Container Holdings Limited, United Technologies Corporation (Carrier Corporation), Utility Trailer Manufacturing Company, Wabash National Corporation, and Vehicle Works Bernard Krone Gmbh & Co. KG.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The Global Refrigerated Transport Market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the Global Refrigerated Transport Market
Detailed Segmentation:
Global Refrigerated Transport Market, By Transport Type
Refrigerated Road Transport
Refrigerated Light Commercial Vehicles (LCV)
Refrigerated Medium & Heavy Commercial Vehicles (MHCV)
Refrigerated Heavy Commercial Vehicles (HCV)
Refrigerated Sea Transport
Refrigerated Rail Transport
Refrigerated Air Transport
Global Refrigerated Transport Market, By Technology
Vapor Compression Systems
Air Blown Evaporators
Eutectic Devices
Global Refrigerated Transport Market, By Temperature
Single Temperature
Multi-temperature
Global Refrigerated Transport Market, By Application
Chilled Food Products
Milk, Bakery & Confectionery Products
Dairy Products
Beverages
Fresh Fruits & Vegetables
Frozen Food Products
Ice Cream
Frozen Dairy Products
Processed Meat
Fish & Sea Food
Bakery Products
Global Refrigerated Transport Market, By Geography
North America
Europe
Asia-Pacific
Latin America
Middle East
Africa
Rest of the World
Company Profiles:
China International Marine Containers (Group) Ltd.
Daikin Industries, Ltd.
Great Dane Trailers, Inc.
HYUNDAI Translead,
Ingersoll-Rand PLC (Thermo King)
Lamberet SAS
Mitsubishi Heavy Industries, Ltd.
Schmitz Cargobull AG,
Singamas Container Holdings Limited,
United Technologies Corporation (Carrier Corporation)
Utility Trailer Manufacturing Company
Wabash National Corporation
Vehicle Works Bernard Krone Gmbh & Co. KG.