The truck refrigeration unit market is estimated to be USD 10.5 billion in 2019 and is projected to reach USD 15.0 billion by 2027, at a CAGR of 5.21%.
As international trade continues to expand at an unprecedented pace, food and perishable chemicals are increasingly transported and transported worldwide. Logistics for the cold chain has grown exponentially over the years to support stunning global trade. Rapid technological advances in cold chain storage and transportation continue to make cold chain logistics cheaper and easier. The logistics chain is experiencing a technical breakthrough with developments in sensors, software, monitoring equipment, and scanners. The use of cold chain logistics is not just about transporting food, as pharmaceuticals have emerged as an influential player in this growing industry.
The ‘Truck Refrigeration Unit market’ study Added by Report Consultant provides an in-depth analysis pertaining to potential drivers fueling this industry. The study also encompasses valuable insights about profitability prospects, market size, growth dynamics, and revenue estimation of the business vertical. The study further draws attention to the competitive backdrop of renowned market contenders including their product offerings and business strategies.
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The research report on the Truck Refrigeration Unit market entails a detailed evaluation of this industry with regards to specific pointer such as the total market remuneration as well as the product capacity. That said, the consumption and production patterns in the business have been given a mention as well. Furthermore, the research study is inclusive of the present status of the Truck Refrigeration Unit market and the future trends which will prevail in this industry.
Top Companies of Truck Refrigeration Unit Market:
United Technologies Corporation (USA), Sainte Marie Constructions Isothermes S.M.C.I (France), Chereau SAS (France), Thermo King Corporation (USA), Carrier Transicold (USA), GAH Refrigeration Ltd. (UK), Great Dane (USA), Lamberet SAS (France), Mitsubishi Heavy Industries Ltd. (Japan), Ingersoll-Rand plc (Ireland), Morgan Corporation (USA), Hubbard Products Ltd. (UK), Schmitz Cargobull AG (Germany), FRIGOBLOCK Grosskopf GmbH (Germany), and Wabash National Corporation (USA).
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Truck Refrigeration Unit Market, By Vehicle Type
- Trailer (Container)
LCV Refrigeration Unit Market, By Type
- Split system
- Roof mount system
LCV Refrigeration Unit Market, By Application
LCV Refrigeration Unit Market, By Industry Vertical
- Frozen food
- Pharma drugs & chemicals
- Ambulance & passenger transport
Bus Refrigeration Unit Market, By Bus Length
- <8 meters
- 8-12 meters
- >12 meters
Trailer (Container) Refrigeration unit Market, By Size
This research report categorizes the global Truck Refrigeration Unit market by top players/brands, region, type and end user. This report also studies the global Truck Refrigeration Unit market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
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In This Study, The Years Considered To Estimate The Size Of Truck Refrigeration Unit Market Are As Follows:
History Year: 2015-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2027
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