Refrigerated Vehicle Market Business Growth 2022: Guntner, Johnson Control, Cappa Cooling, Deutherm cooling GmbH, Acovent srl, Capital Cooling, Ceilite Airconditioning

Refrigerated Vehicle Market research report highlights global and regional. Country-level market size, development, and forecast period include market share by region, leading players with company profile, product introduction, market position including their market status, development trend by types and application that will provide its price and profit status, and marketing status and market growth drivers. Furthermore, the report covers the top 10 regions and top 50 countries across the globe to give a precise picture of the market that enables you to understand market performance.

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Europe Refrigerated Vehicle Market: Key Players

- FrigorTec
- Guntner
- Johnson Control
- Cappa Cooling
- Deutherm cooling GmbH
- Acovent srl
- Capital Cooling
- Ceilite Airconditioning
- Continental Industrie S.A.S.
- Cosaf Environments
- Elektrovent Srl
- Other Prominent Players

Product Overview
Refrigerated Vehicle are temperature-controlled automobiles used t-deliver perishable food, pharmaceuticals, and medical supplies. Due t-the population growth, there is increase in food production as well as household consumption. Rising temperature is main concern for food suppliers worldwide since it is shortening the lifespan of these items in non-refrigerated environments.

Market Highlights
Europe Refrigerated Vehicle market is expected t-project a notable CAGR of 2.5% in 2031.
.Due t-expanding population along with rising global warming increase concern for food producers across the world, since the shelf life of items in non-refrigerated circumstances is decreasing which, in turn, is expected t-increase the refrigerated vehicle demand over the coming years. Furthermore, an increasing number of initiatives implemented by governments in both developed and developing countries t-encourage the use of modern technology are expected t-accelerate the industry growth during the forecast period.

Europe Refrigerated Vehicle: Segments
Light Commercial Vehicles segment t-grow with the highest CAGR during 2021-31
Europe Refrigerated Vehicle market is classified on the basis of size int-Light Commercial Vehicles, Medium Commercial Vehicles, Heavy Commercial Vehicles. Light Commercial Vehicles segment accounted for the largest market share of the Europe Refrigerated Vehicle market. The Light Commercial Vehicles meet the demand for safely transporting delicate items while als-giving complete control over timing, scheduling flexibility, temperature control, and carg-care as well as provide complete control over the delivery. When carrying everything from produce and perishable goods t-medications light commercial vehicles are ideal for small enterprises or temporary use.

Foods and Beverages segment t-grow with the highest CAGR during 2021-31
Based on Application, Europe Refrigerated Vehicle Market is fragmented int-Foods and Beverages, Pharmaceuticals, Chemicals, Hybrid Operability. Foods and Beverages segment accounted for the largest market share of the Europe Refrigerated Vehicle market. The major factor contributing t-the growth of this segment is increasing demand for different varieties of food and beverage among the consumers. The demand for cold chain is due t-the growth in the organized food retail industry, demand for processed food, increased health expenditure.

Market Dynamics

Drivers

Expansion of cold chain capacity
Increase in cold chain capacity boosts the refrigerated trailer market. Refrigerated trailers are most prominently used in transport of frozen and cooled products throughout world. Cold chain systems are fundamental t-the growth of global trade in fresh products and t-the worldwide availability of food and health supplies. Currently. the majority of sea, meat, and dairy product are transported by refrigerated trailer predominant transport of frozen and chilled products throughout the world.

Increase in demand of package meat and sea food
Growth in the demand for frozen food drives the refrigerated trailer market. Most of the transportation refrigeration systems are used t-carry package meat and sea food products. Chilled, frozen, and deep-frozen are the different temperature ranges through which products are stored and transported. Food & beverage products are transported at tw-temperature levels 1: Medium temperature (MT) for chilled products held at between 0°C and +8°C Low temperature (LT) for frozen products held at between -18°C and -25°C. Food eating patterns have changed worldwide, and people prefer expediency foods, which require efficient logistics services.

Restraint
Lack of government legislation
Lack of government legislation in developing economies for transportation of perishable items is projected t-pose some challenges in the growth of the world refrigerated trailer market. Also, various standards such as fuel consumption, GHG emission are not stringent in developing economies such as India as compared t-thestandards and compliances of developed region.

Europe Refrigerated Vehicle Market: Regions
Europe Refrigerated Vehicle market is segmented based on regional analysis int-seven major regions: Germany, UK, France, Italy, Spain, Russia, RoEU. Germany market is expected t-see remarkable growth during forecasted period The regulatory updates in the country are expected t-push the demand for refrigerated logistics in terms of huge transportation, development of expanded and modern storage spaces in order t-complement the changes

Impact of Covid-19 on Europe Refrigerated Vehicle Market
While much of Europe has been in lockdown, many countries' cold storage firms have remained open since the industry is considered crucial. As countries witnessed panic buying of food products and a surge in online food retail, the food supply chain was bound t-be affected.

Europe Refrigerated Vehicle Market is further segmented by region into:
- Germany Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR
- UK Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR
- France Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR
- Spain Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR
- Russia Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR
- Italy Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR

Europe Refrigerated Vehicle Market report als-contains analysis on:

Europe Refrigerated Vehicle Market Segments:
- By Product Type
-Less than 10 Tons
-10 t-20 Tons
-more than 20 Tons
- By Application
-Foods and Beverages
-Pharmaceuticals
-Chemicals
-Hybrid Operability
- Size
-Light Commercial Vehicles
-Medium Commercial Vehicles
-Heavy Commercial Vehicles
- Architecture Type
-Hybrid Propulsion Vehicle
-BEV
-PHE
- Fuel Cell
-Conventional Fuel Vehicle
- Europe Refrigerated Vehicle Market Dynamics
- Europe Refrigerated Vehicle Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies Involved in the Market
- Value Chain of the Market
- Market Drivers and Restraints

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