Refrigerated Transport Market Forecast Report 2020 – 2027 – Top Key Players Analysis
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About Refrigerated Transport Market
Refrigerated transportation is defined as the shipping method that involves the transportation of special vehicles powered by temperature. This type of transportation allows more rapid and efficient movement of products that require the temperature-controlled movement from A to B as compared to the alternative transport modes.
The significant factors contributing to the growth of the global refrigerated transport market include the increasing international trade in decomposable products, strong demand for perishable frozen products, growing number of technical advancements in refrigerated systems, and the rising usage of cold rooms that equipped with advanced technologies. The manufacturers provide various frozen and preserved food options with longer shelf life. Fast-running lifestyle has surged the demand for home delivery services, as the cooking time is significantly decreased. These trends are projected to bring numerous opportunities for frozen fish & seafood producers and providers, thereby accelerating the growth of the refrigerated transport market size. Furthermore, fuel-saving intermodal transport and incorporation of multi-temperature structures in trucks and trailers are projected to drive the growth of the refrigerated transport market during the forecast period. On the other hand, factors such as climatic changes that effect the infrastructure of transportation and the increasing fuel costs are likely to hamper the growth of the global refrigerated transport market.
Competitive Landscape
The notable players in the Refrigerated Transport market include Hyundai Motor Company, Singamas Container Holdings Limited, Lamberet SAS, Fahrzeugwerk Bernard Krone GmbH, Ingersoll-Rand plc, China International Marine Containers (Group) Co., Ltd., United Technologies, Daikin Industries, Ltd., Utility Trailer Manufacturing Company, and Schmitz Cargobull AG among others.
Market Segmentation
Refrigerated Transport Market by Mode of Transport:
- Refrigerated Road Transport
o Refrigerated LCV (Van)
o Refrigerated MHCV (Truck)
o Refrigerated HCV (Trailers & Semi-Trailers)
- Refrigerated Sea Transport
- Refrigerated Rail Transport
- Refrigerated Air Transport
Refrigerated Transport Market by Temperature:
- Single-Temperature
- Multi-Temperature
Refrigerated Transport Market by Technology:
- Vapor Compression Systems
o Air-Blown Evaporators
o Eutectic Devices
- Cryogenic Systems
o Cryo-Trans Direct (CTD)
o Cryo-Trans Indirect (CTI)
o Cryo-Trans Hybrid (CTH)
Refrigerated Transport Market by Application:
- Chilled Food Products
o Milk
o Bakery & Confectionery Products
o Dairy Products
o Beverages
o Fresh Fruits & Vegetables
- Frozen Food Products
o Ice Cream
o Frozen Dairy Products
o Processed Meat
o Fish & Seafood
o Bakery Products
Refrigerated Transport Market by Region:
- North America
o United States of America
o Canada
- Asia Pacific
o China
o Japan
o India
o Rest of APAC
- Europe
o United Kingdom
o Germany
o France
o Spain
o Rest of Europe
- RoW
o Brazil
o South Africa
o Saudi Arabia
o UAE
o Rest of the world (remaining countries of the LAMEA region)
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