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Global Truck Refrigeration Unit Market 2019 Observational Studies By Top Companies Like Daikin Airconditioning India Pvt Ltd., Carrier Corporation, Thermo King Corporation, Denso Corporation, Webasto

04-03-2019 03:34 PM CET | Industry, Real Estate & Construction

Press release from: Data Bridge Market Research

Global Truck Refrigeration Unit Market

Global Truck Refrigeration Unit Market

The report Global Truck Refrigeration Unit includes data on consumer perspective, comprehensive analysis, statistics, market share, company performance (stocks), historical analysis from 2012 to 2017, forecast volume, revenue, 2026 and CAGR growth rate. Value chain analysis helps analyze major upstream raw materials, major equipment, manufacturing processes, downstream customer analysis and major distribution analysis. The new strategic plan and suggestions that will help old as well as new market players to maintain the competitiveness are also discussed. The Truck Refrigeration Unit report also includes a detailed description, a competitive scenario, a wide range of market and business strategies players that competitors have adopted and their SWOT analysis. The Truck Refrigeration Unit report also provides Porter analysis, analysis of PESTEL and market appeal to better understands the macro and micro market scenario. It also provides explicit information in recent years and years on mergers, acquisitions, joint ventures and all other important market activities.

Global Truck Refrigeration Unit Market, By Type (Small Truck Refrigeration Unit, Medium Truck Refrigeration Unit, Larger Truck Refrigeration Unit), Industry (Frozen Food, Pharma & Chemical, Ambulance & Passenger Transport), Bus Length (12m), Trailer Size (20ft, 40ft), End- User (Food, Pharmaceutical, Chemical Industry, Plants/ Flowers), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2026

Global Truck Refrigeration Unit Market is expected to rise from its initial estimated value of USD 10.35 billion in 2018 to an estimated value of USD 15.79 billion by 2026, registering a CAGR of 5.43% in the forecast period of 2019-2026. The increasing demand for chilled products is the major factor for the growth of this market.

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Competitive Analysis: Global Truck Refrigeration Unit Market

Global truck refrigeration unit market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of truck refrigeration unit market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Key Market Competitors: Global Truck Refrigeration Unit Market

Few of the major competitors currently working in the truck refrigeration unit market are Daikin Airconditioning India Pvt Ltd., Carrier Corporation, Thermo King Corporation, Denso Corporation, Webasto, Mobile Climate Control Group Holding AB, Subros Limited, Saden, Klinge Corporation, Utility Trailer Manufacturing Company, LAMBERT, Mitsubishi Heavy Industries, Ltd., Zannotti, FRIGOBLOCK Grosskopf GmbH.

Market Definition: Global Truck Refrigeration Unit Market

Refrigerator trucks are the van or trucks which are designed to carry the products which are temperature sensitive. These trucks are different from the normal vans as they are ice- cooled and are equipped with variety of refrigeration systems. The main aim is to stop the heat from entering and refrigeration system I used to maintain the temperature. As a cooling agent they utilise carbon dioxide in the form of ice or liquid. Products like frozen fruits and vegetables, seafood, meat etc. use this refrigerator trucks as they require a specific temperature to sustain. The main components of the refrigeration systems are compressor, condenser, and evaporator.

Market Drivers:

• It is a good way to prevent the food from getting damaged as they provide them there desired temperature.
• They have stainless steel components for higher performance, durability and reliability.

Market Restraints:
• If any breakdown occurs, it can damage the products.
• Corrosion resistance is required due to harsh environment.

Segmentation: Global Truck Refrigeration Unit Market

• By Type
• By Industry
• By Bus Length
• By Trailer Size
• By End- User

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Key Developments in the Market:

• In February 2015, Carrier Transicold launched their new refrigerated transportation solution Citifresh. The new truck has the loading capacity of 16 to 55 cubic meters and can handle chilled temperature range of 4 to 22C. The main aim is to supply fresh and healthy food throughout India.

• In September 2013, Coca- Cola launched their first electric refrigerated truck fleet. The electric truck displaced diesel powered transportation units and also have eutectic cold plate technology which uses aluminium beam to chill the air.

About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.


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