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Refrigerated Trailers Market Expected to Account for US$ 7.1 Billion by 2021
Refrigerated Trailers, Refrigerated Trailer, Refrigerated Trailers market, Refrigerated Trailer market
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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 32.6% share in the global refrigerated trailer market in 2014 and is expected to account for 31.7% share by 2021 due to increasing demand for packaged meat and seafood across the globe.
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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 30% share in 2014. Western Europe ranked second with over 27% market share in 2014, followed by APAC. Asia Pacific is anticipated to be the fastest growing region in the refrigerated trailer market over the forecast period.
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Key market participants covered in the report includeWabash National Commercial Trailer Products, Great Dane Trailers, Inc., Utility Trailer Manufacturing Company, Schmitz Cargobull AG, Fahrzeugwerk Bernard KRONE GmbH, Kögel Trailer GmbH & Co. KG, Lamberet Refrigerated SAS, Montracon Ltd., Gray & Adams Ltd. and Randon Implementos.
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