Refrigerated Transport Market 2021 Size, Growth Analysis Report, Forecast to 2027

The refrigerated transportation market is valued at $15.8 billion in 2019 and is expected to reach $22.62 billion by 2027 and is expected to grow at a CAGR of 5% from 2021 to 2027.

It is expected that the market for refrigeration transport will revitalize as the demand for marine transport increases due to minimal low cost. In addition, bread is one of the most commonly consumed items worldwide, and baking and confectionery are also expected to be attractive segments in the forecast period as they require refrigeration to produce, maintain uniformity, reduce spoilage and preserve products. The global Refrigeration Transportation market report provides a holistic assessment of the market. The report provides a comprehensive analysis of the key segments, trends, drivers, constraints, competitive landscape, and factors playing an important role in the market.

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Key Market Competitors:

• United Technologies Corporation
• Utility Trailer Manufacturing Company
• Daikin Industries
• Lamberet SAS
• Ingersoll Rand PLC
• Wabash National Corporation
• Ingersoll-Rand PLC
• China International Marine Containers
• Schmitz Cargobull AG
• Hyundai Motor Company

Refrigerated Transport Market Segments:

By Application

Chilled Food

• Milk
• Dairy Products
• Beverages
• Others

Frozen Food

• Frozen Dairy Products
• Fish & Seafood
• Processed Meat
• Others

By Technology

• Vapor Compression Systems
• Cryogenic Systems

By Temperature

• Single-Temperature
• Multi-Temperature

By Mode Of Transportation

• Road
• Sea
• Rail
• Air

By Vehicle Type

• LCV
• MHCV
• HCV

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Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Refrigerated Transport Market Report

• What was the Refrigerated Transport Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Refrigerated Transport Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Refrigerated Transport Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

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This release was published on openPR.