openPR Logo
Press release

Refrigerated Vehicles Market Projected to Discern Stable Expansion by 2021

Refrigerated vehicles are used for transportation of vulnerable food, pharmaceutical and healthcare products. The increasing population and consumer spending on food products has surged their production globally. Among food products, dairy products and fresh fruits and vegetables require cold storage and transportation for their sustainability. The increasing global warming has been emerging as a matter of great concern for the food producers globally which is reducing the shelf life of these products in non-refrigerated conditions. Most of the pharmaceutical and healthcare products need protection from heat and light to maintain their chemical and biological formulation. All these concerns have been driving the refrigerated vehicles market globally and are expected to increase in terms of growth rate during 2014-2020.

To view complete report @ http://www.persistencemarketresearch.com/market-research/refrigerated-vehicles-market.asp

Refrigerated vehicles include a large types of vehicles used in several transportation requirements based on loading requirement. Some of their types include refrigerated vans, refrigerated trucks, refrigerated trailers, refrigerated railcars, refrigerated ships, refrigerated transport by air, refrigerated containers, atmosphere controlled containers, intermodal refrigerated containers, insulated containers, integral reefer containers and multimodal temperature containers. The increasing consumer awareness about fresh products is one of the important factors which have been escalating the demand for refrigerated vehicles globally.

A sample of this report is available upon request @ http://www.persistencemarketresearch.com/toc/3595

The developing and underdeveloped countries have an underdeveloped cold-supply chain infrastructure which leads to destruction of a large quantity of food products every year. This also increases warehousing charges of the food manufacturers and the distributors as they have to maintain local distribution points in the area of demand. The growing population and increasing per capita income in these countries is boosting the demand for food products which is further creating demands for the refrigerated vehicles in these countries. The dairy product consumption in Asia Pacific countries have also been increasing to a great extent in recent times. The pharmaceutical and healthcare industries have also been growing at a rapid pace in these developing countries which is creating demand for the refrigerated vehicles in this domain as well. The shortage of skilled labor and unstable fuel prices are the key hurdles for the refrigerated vehicles market. The companies operating in the refrigerated vehicles market are improving the fuel efficiency and noise reduction of these vehicles.

There have been several technology development and introduction in the recent times by the refrigerated vehicle manufacturers. They include CorroGuard and ThermGuard by Great Dane, Strip door solution for refrigerated trucks by R.O.M, GRIPTM by RTE, LED based indicator by Carrier, economical cold plates by Johnson, reefer monitoring system by PAR, reefer-trak sentry solutions by Star-Trak, Secureseal system by OEM Group, new alternator by Robert Bosch and Fleetview by Terion.

Among regions, North America dominated global sales of refrigerated vehicles market, followed by Europe. There are a large number of market players in the refrigerated vehicles market which are operating in a particular country or globally through their subsidiaries. The global refrigerated vehicles market is fragmented however; it is increasingly advancing towards consolidation with a number of companies engaged in merger and acquisition activities.

To view TOC of this report is available upon request @ http://www.persistencemarketresearch.com/samples/3595

The key market players include Great Dane Trailers, Ingersol Rand Company Limited, Mitsubishi Heavy Industries Limited, Schmitz Cargobull, R.O.M., Thermo King, Carrier Transicold, Johnson, PAR, Star-Trak, GE, OEM Group, Robert Bosch, Terion, Northgate Plc and Fraikin Limited.

About Us

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Contact Us

Persistence Market Research

305 Broadway

7th Floor, New York City,

NY 10007, United States,

USA - Canada Toll Free: 800-961-0353

Email: sales@persistencemarketresearch.com

Web: http://www.persistencemarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Refrigerated Vehicles Market Projected to Discern Stable Expansion by 2021 here

News-ID: 597017 • Views:

More Releases from Persistence Market Research

Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Persistence Market Research
Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by Sustainability and Supply Chain Efficiency
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Growth - Persistence Market Research
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Healthcare Demand
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained

All 5 Releases


More Releases for Limited

Cold Chain Market in India 2020 | Snowman Logistics Limited, Coldstar Logistics …
Request Free sample on this latest research report @ https://www.marketreportsonline.com/contacts/requestsample.php?name=828960 Key Players: Snowman Logistics Limited, Coldstar Logistics Private Limited, Gati Kausar India Limited, Gubba Cold Storage Private Limited, Kool-ex Cold Chain Limited, Seabird Logisolutions Limited, DHL Logistics Private Limited, Kuehne + Nagel Private Limited Cold chains provide storage and distribution services for products that are temperature-sensitive. Depending on the nature and purpose of storage application, cold chains have been categorized as frozen
Power Sector in India 2021 | Adani Power Limited, CESC Limited, Damodar Valley C …
Request a FREE sample on this latest research report @ https://www.marketreportsonline.com/contacts/requestsample.php?name=837846 Companies covered: Adani Power Limited, CESC Limited, Damodar Valley Corporation (DVC), NHPC Limited, NTPC Limited, SJVN Limited, Suzlon Energy, Tata Power Limited, Websol Energy System Limited, Nuclear Power Corporation of India Limited (NPCIL) The Indian power sector has undergone a significant transformation in terms of power supply, energy demand, fuel mix, and market operations. India appeared to be the third-largest power
Financial Brokerage Market in India 2021 | Angel Broking Limited, Geojit Financi …
Request a sample on this latest research report @ https://www.marketreportsonline.com/contacts/requestsample.php?name=839020 The brokerage market was valued at INR 135.0 Bn in FY 2016. In FY 2020, it reached INR 210 Bn from INR 195 Bn in FY 2019, expanding at an annual growth rate ~7.69%. Key Players: Angel Broking Limited, Geojit Financial Services Limited, ICICI Securities Limited, IIFL Finance Limited, Kotak Securities Limited, Motilal Oswal Financial Services Limited, Reliance Capital Limited, SMC Global
Gin Market major keyplayers Tilaknagar Industries Limited, United Spirits Limite …
Future Market Insights (FMI) has published a new report, which is titled, “Gin Market: Driven By Changing Lifestyle and Expanding Urban Population - India Industry Analysis and Opportunity Assessment, 2015 – 2025.” The Indian gin market is witnessing a steady rise on account of the growing urban population and changing demographics. The change in outlook of the Indian society towards social consumption of alcohol is driving the growth of the
India footwear Market 2018-2025 Growth Analysis by Key Players, Khadim India Lim …
India footwear market Currently, India is the second largest footwear manufacturer in the world after China. The footwear market consists of companies engaged in manufacturing, selling and marketing of different kinds of footwear and accessories to the end users, namely men, women and kids. Footwear has evolved from being a necessity, as protection for feet, to an accessory which has become a style statement for customers. The Indian footwear market
India auto ancillary Market Emerging Trends and Prospects by leading Players, Am …
India auto ancillary market The auto ancillary industry is the other side of the automotive industry, which deals with the manufacturing and selling of intermediate parts, equipment and chemicals among others. The auto ancillary supply chain members are original equipment manufacturers (OEMs), tier I, tier II, tier III manufacturers and intermediaries. OEMs deal in high-value instruments and dominate the market, while the unorganized sector serves the aftermarket and deals in