Refrigerated Road Transport Market Analysis By Manufacturers Daikin Industries, Ingersoll-Rand PLC, Hyundai Motor, Lamberet SAS, Singamas Container Holdings, Schmitz Cargobull AG, United Technologies

High urbanization rates in emerging economies in conjunction with high inclination of population towards the frozen food products is among the prominent trends that has gained traction over the last few years. Easy to cook and ready to eat meals are among the prominent edible products in high demand in these region. Moreover, several economies have developed stringent regulations to regulate the food quality and distribution standards. For instance, Food Guidance & Regulation - FDA in U.S., General Food Law Regulation and European Food Safety Authority (EFSA) in Europe regulate the standards for manufacturing, processing, industry systems, and import/export activities. Compliance with these quality and distribution standards are expected to present strong growth prospects to the global refrigerated road transport market over the forecast period.

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On the basis of transportation modes, light commercial vehicles dominated the global refrigerated road transport market in terms of volumes. Low ownership and maintenance cost of vehicles, in addition to low space footprints, ease of handling and maneuverability in urban locations are among the prominent factors that has led to significantly high adoption. However, bulk transportation and food manufacturing capabilities limited by the availability of the required raw material resources in certain locations, which account for the largest end use industry, has led to significant contribution of heavy commercial vehicles in terms of value. HCVs dominated the industry size in terms of the revenue generation contributing to around 45% of the total market size.

What does all the regional segmentation cover? Can the country of specific interest be added?
Currently, the research report pays particular attention to the following regions:
North America (United States, Canada, Mexico), Europe (Germany, United Kingdom, France, Italy, Russia, Spain, etc.), South America (Brazil, Argentina, etc.) and Middle East and Africa (Saudi Arabia, South Africa, etc.)
** A country of specific interest can be included at no additional cost. For the inclusion of more regional segments, quotes may vary.

Asia Pacific refrigerated road transport market size accounted for 31.16% of the global industry share, is expected to continue its dominance over the forecast period. Moreover, the market in the region is also expected to witness highest growth over the near future, primarily owing to the world's largest population base that in turn led to high consumption requirements, and presence of large number of emerging economies that include China, India, Thailand, Indonesia and other ASEAN economies.

The main key players in the industry are-
China International Marine Containers Ltd., Daikin Industries, Ltd., Ingersoll-Rand PLC, Hyundai Motor Company, Lamberet SAS, Singamas Container Holdings Limited, Schmitz Cargobull AG, United Technologies Corporation (Carrier Corporation), Utility Trailer Manufacturing Company, and Wabash National Corporation.
Can we add or profile a new company according to our needs?
Yes, we can add or profile a new company according to customer needs in the report. Final confirmation should be provided by the research team depending on the difficulty of the investigation.
** The availability of data will be confirmed by research in the case of a private company. Up to 3 players can be added at no additional cost.

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