Global Container Refrigeration Unit Market Growth 2023-2029

Global Container Refrigeration Unit Market Growth 2023-2029

The global Container Refrigeration Unit market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Container Refrigeration Unit is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Container Refrigeration Unit is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Container Refrigeration Unit is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Container Refrigeration Unit players cover Daikin, Carrier Transicold, Thermo King, SEA BOX, A.P. Molle, Singamas Container Holdings Ltd., China International Marine Containers (Group) Co. Ltd., Seaco Srl and Triton International Ltd., etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

A container refrigeration unit, also known as a reefer unit or simply a reefer, is a specialized piece of equipment used to control the temperature and humidity inside shipping containers. It is commonly used for transporting perishable goods, such as fruits, vegetables, meat, seafood, and pharmaceutical products, over long distances.

The container refrigeration unit is typically mounted on the front exterior wall of a shipping container and is designed to maintain the desired temperature range throughout the transportation process. It works by using a compressor, condenser, evaporator, and a refrigerant to extract heat from the container's interior and expel it outside. The refrigerant is circulated through a closed system, undergoing phase changes to absorb heat from the container and release it outside, thereby cooling the container's contents.

The temperature inside a container refrigeration unit can be adjusted based on the specific requirements of the cargo being transported. The unit is equipped with controls and sensors to monitor and regulate temperature, humidity, airflow, and other parameters to ensure optimal conditions for the cargo. It can be powered by different sources, such as diesel generators, electric power from the shipping vessel, or external power sources on land.

LPI (LP Information)' newest research report, the “Container Refrigeration Unit Industry Forecast” looks at past sales and reviews total world Container Refrigeration Unit sales in 2022, providing a comprehensive analysis by region and market sector of projected Container Refrigeration Unit sales for 2023 through 2029. With Container Refrigeration Unit sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Container Refrigeration Unit industry.

This Insight Report provides a comprehensive analysis of the global Container Refrigeration Unit landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Container Refrigeration Unit portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Container Refrigeration Unit market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Container Refrigeration Unit and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Container Refrigeration Unit.

This report presents a comprehensive overview, market shares, and growth opportunities of Container Refrigeration Unit market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
20 Feet
40 Feet
More than 40 Feet

Segmentation by application
Food
Pharmaceutical
Chemical

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Daikin
Carrier Transicold
Thermo King
SEA BOX
A.P. Molle
Singamas Container Holdings Ltd.
China International Marine Containers (Group) Co. Ltd.
Seaco Srl
Triton International Ltd.
SeaCube Container Leasing Ltd.
ZIM Integrated Shipping Services Ltd.

Key Questions Addressed in this Report

What is the 10-year outlook for the global Container Refrigeration Unit market?

What factors are driving Container Refrigeration Unit market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Container Refrigeration Unit market opportunities vary by end market size?

How does Container Refrigeration Unit break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.