Market highlight
The global Refrigerated Truck market size is anticipated to register a CAGR of ~5.1% between 2020 and 2026 and reach an approximate value of USD 10.5 billion in 2026.
Market Research Future published a raw research report on the global Refrigerated Truck marketthat contains the information from 2020–2026. The global Refrigerated Truck market size is anticipated to register a CAGR of ~5.1% between 2020 and 2026 and reach an approximate value of USD 10.5 billion in 2026.
Market experts have given a clear mandate on the impending growth of the market in the foreseeable future. The refrigerated truck global market size is expected to reach USD 10.5 Billion by the end of 2026. Major European and American key players are maintaining a firm foot on the ground. Based on these projections it is quite clear that the global market is expecting a boom shortly based on multiple factors.
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Industry News
- In March 2021, Carrier Transicold entered into a new strategic partnership with Portuguese technology company AddVolt to accelerate and advance its electrification capabilities. The agreement enables Carrier to broadly utilize AddVolt's proven, engine-agnostic technology to develop innovative sustainable transport refrigeration solutions for customers in Europe.
- In January 2021, Daimler India Commercial Vehicles (DICV), in collaboration with
Motherson Group, unveiled the BharatBenz 'BSafeExpress', a specialised refrigerated truck,
designed for the safe transportation of COVID-19 vaccines.
In 2019, the Medium Commercial Vehicle segment helda significant market share: MRFR
Based on region, the refrigerated truck market is segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. Asia-Pacific dominated the refrigerated truck market in 2019. The consistently developing meat and seafood industry hassupported product growth in the region.
Based on Tonnage Capacity, the global Refrigerated Truck market is segmented into Less than 10 Tons, 10–20 Tons, more than 20 Tons. The10–20tons segment accounted for a significantly large share in the global market owing to the growing food industry in developing countries.
Based on application, the global Refrigerated Truck market is segmented into Food and Beverages, Pharmaceuticals, Chemicals, and Others. The food and beverages segment accounted for a significantly large share in the global market owing to the rise in demand for refrigerated products.
The global Refrigerated Truck market has been segmented based on Type, Tonnage Capacity, application, and region. Based on type, the global market is divided into light commercial vehicle, medium commercial vehicle, and heavy commercial vehicle. The medium commercial vehicle type segment is anticipated to hold a significant market share.
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This research report provides insights into various levels of analysis, such as industry analysis and market share analysis for the leading industry competitors, along with their profiles. It also helps in studying the target segments by providing views on the emerging and high-growth segments. The market data comprises the basic assessment of the competitive scenarios and strategies in the global Refrigerated Truck market, including high-growth regions and/or countries and political and economic environments. The project report further provides both historical market values and pricing and cost analysis.
Key industry participants in the Refrigerated Truck industry include Kögel Trailer GmbH & Co.KG (Germany), HYUNDAI Translead, Inc. (US), Wabash National (US), Fahrzeugwerk Bernard Krone Gmbh& Co. Kg (Germany), GRW Tankers and Trailers (US), Schmitz Cargobull AG (Germany), Great Dane LLC (US), Chereau (France), Lamberet SAS (France), and China International Marine Containers (Group) Ltd. (China).
Table Of Contents
1 Executive Summary
2 Market Introduction
2.1 Market Definition
2.2 Scope Of The Study
2.3 Market Structure
3 Research Methodology
3.1 Primary Research
3.2 Secondary Research
3.3 Market Capacity Estimation
3.4 Forecast Model
3.5 List Of Assumptions
3.6 Limitations Of The Study
4 Market Insights
5 Market Dynamics
5.1 Introduction
5.2 Market Drivers
5.3 Market Restraints
5.4 Market Opportunities
5.5 Porter’s Five Forces Analysis
5.5.1 Threat Of New Entrants
5.5.2 Bargaining Power Of Buyers
5.5.3 Bargaining Power Of Suppliers
5.5.4 Threat Of Substitutes
5.5.5 Intensity Of Rivalry
5.6 Value Chain/Supply Chain Analysis
Continued………
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