Transport refrigeration units are used to control the environment of temperature-sensitive products transported in trucks, vans or any carrier vehicle as well as in marine/intermodal containers. Refrigerated transportation is a method of climate controlled transportation, which is specifically designed to ship products that require a cool or frozen temperature to stay fresh for delivery to the market. Products like frozen fruits and vegetables, frozen seafood or meat, plants, chemicals, pharmaceuticals, and agricultural products require a temperature controlled environment to sustain the transit.
Scope of the Report:This report focuses on the Transport Refrigeration Units in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
The shift in consumers' preferences, from the basic brick and mortar shops to online sites, has significantly contributed to the growth of transport refrigeration units. Owing to technological advancements and the rising competition among grocers, there is a significant shift in the consumersÕ needs and expectations in the grocery retail sector. In India, Bigbasket and Grofers have become popular for their wide range of groceries available for online shopping. The Bigbasket online store has a wide range of products from staples, vegetables, meat, fish, gourmet items, and household goods to personal care items. Owing to the convenience in online shopping, the e-grocery market is witessign significant growth. This rise in theÊe-commerceÊsector for groceries simultaneously increases the demand for refrigerated transportation to deliver perishable goods, subsequently driving the demand for transport refrigeration units market.
North America is estimated to be the major revenue contributor to the transport refrigeration units market throughout the forecast period. The increasing demand for processed foods and pharmaceuticals coupled with investments towards the expansion of cold supply chain, will drive the growth of the transport refrigeration units market in North America.
The worldwide market for Transport Refrigeration Units is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2026, from xx million US$ in 2020, according to a new study.
Market Segment by Manufacturers, this report covers Daikin Industries
Ingersoll Rand
Mitsubishi Heavy Industries
Lamberet
Utility Trailer Manufacturing
Morgan Corporation
Schmitz Cargobull
Wabash National Corporation
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Land Ways
Seaways
Airways
Market Segment by Applications, can be divided into Food Industry
Pharmaceutical Industry
Others
There are 15 Chapters to deeply display the global Transport Refrigeration Units market.
Chapter 1, to describe Transport Refrigeration Units Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Transport Refrigeration Units, with sales, revenue, and price of Transport Refrigeration Units, in 2018 and 2019;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2018 and 2019;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Transport Refrigeration Units, for each region, from 2015 to 2020;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2015 to 2020;
Chapter 12, Transport Refrigeration Units market forecast, by regions, type and application, with sales and revenue, from 2020 to 2026;
Chapter 13, 14 and 15, to describe Transport Refrigeration Units sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
