Press release
Trailer Refrigeration System Market to Push up its Valuation to 1620 million US$ by 2025- QY Research, Inc.
Trailer refrigeration system installed on a trailer which designed to carry perishable freight at specific temperatures.
Key market participants covered in the report include Thermo King, Carrier Transicold, MHI, Zanotti, Kingtec, Hubbard and etc.
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By product type, Single Temperature type was the largest segment in the refrigerated trailer market, accounting for 57% share in 2016. On the basis of end use, the market has been segmented into dairy, fruits & vegetables, meat & sea food and others (confectionary, bakery and medicinal products). Globally, meat & seafood is the predominant end use segment, accounting for 33% share in the global refrigerated trailer market in 2016 and is expected to account for 28% share by 2022 due to increasing demand for packaged meat and seafood across the globe.
The global refrigerated trailer market has been segmented into five major regions, which include North America, Latin America, Europe, Asia-Pacific and the Middle East & Africa. North America was the largest market for a refrigerated trailer, accounting for over 43% share in 2016. Europe ranked second with over 27% market share in 2016, followed by APAC. Asia Pacific is anticipated to be the fastest growing region in the refrigerated trailer market over the forecast period.
The global Trailer Refrigeration System market is valued at 1240 million US$ in 2017 and will reach 1620 million US$ by the end of 2025, growing at a CAGR of 3.4% during 2018-2025.
The major manufacturers covered in this report
Thermo King
Carrier Transicold
MHI
Zanotti
Kingtec
Hubbard
...
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
North America
Europe
China
Japan
India
Southeast Asia
Other regions (Central & South America, Middle East & Africa)
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Single Temperature
Multi-Temperature
By Application, the market can be split into
Meat & Sea food
Fruits & Vegetables
Dairy
Others
Click to view the full report TOC, figure and tables: https://www.qyresearch.com/index/detail/105305/global-trailer-refrigeration-system-market
QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert’s resources (included energy automotive chemical medical ICT consumer goods etc.
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