Trailer refrigeration system installed on a trailer which designed to carry perishable freight at specific temperatures.
Key market participants covered in the report include Thermo King, Carrier Transicold, MHI, Zanotti, Kingtec, Hubbard and etc.
By product type, Single Temperature type was the largest segment in the refrigerated trailer market, accounting for 57% share in 2016. 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 33% share in the global refrigerated trailer market in 2016 and is expected to account for 28% share by 2022 due to increasing demand for packaged meat and seafood across the globe.
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 43% share in 2016. Europe ranked second with over 27% market share in 2016, followed by APAC. Asia Pacific is anticipated to be the fastest growing region in the refrigerated trailer market over the forecast period.
According to this study, over the next five years the Trailer Refrigeration System market will register a 3.5% CAGR in terms of revenue, the global market size will reach USD 1530 million by 2024, from USD 1240 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Trailer Refrigeration System business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Trailer Refrigeration System market by product type, application, key manufacturers and key regions and countries.
This study considers the Trailer Refrigeration System value and volume generated from the sales of the following segments-
Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Single Temperature
Multi-Temperature
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Meat & Sea food
Fruits & Vegetables
Dairy
Others
This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
Thermo King
Carrier Transicold
MHI
Zanotti
Kingtec
Hubbard
...
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Trailer Refrigeration System consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Trailer Refrigeration System market by identifying its various subsegments.
Focuses on the key global Trailer Refrigeration System manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Trailer Refrigeration System with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Trailer Refrigeration System submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
