Global Trailer Refrigeration System Market Insights, Forecast to 2025
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.
The Trailer Refrigeration System market was valued at 1240 Million US$ in 2018 and is projected to reach 1620 Million US$ by 2025, at a CAGR of 3.4% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Trailer Refrigeration System.
This report presents the worldwide Trailer Refrigeration System market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Thermo King
Carrier Transicold
MHI
Zanotti
Kingtec
Hubbard
Trailer Refrigeration System Breakdown Data by Type
Single Temperature
Multi-Temperature
Trailer Refrigeration System Breakdown Data by Application
Meat & Sea food
Fruits & Vegetables
Dairy
Others
Trailer Refrigeration System Production by Region
United States
Europe
China
Japan
Other Regions
Trailer Refrigeration System Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Trailer Refrigeration System status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Trailer Refrigeration System manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Trailer Refrigeration System :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Trailer Refrigeration System market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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.
The Trailer Refrigeration System market was valued at 1240 Million US$ in 2018 and is projected to reach 1620 Million US$ by 2025, at a CAGR of 3.4% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Trailer Refrigeration System.
This report presents the worldwide Trailer Refrigeration System market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Thermo King
Carrier Transicold
MHI
Zanotti
Kingtec
Hubbard
Trailer Refrigeration System Breakdown Data by Type
Single Temperature
Multi-Temperature
Trailer Refrigeration System Breakdown Data by Application
Meat & Sea food
Fruits & Vegetables
Dairy
Others
Trailer Refrigeration System Production by Region
United States
Europe
China
Japan
Other Regions
Trailer Refrigeration System Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Trailer Refrigeration System status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Trailer Refrigeration System manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Trailer Refrigeration System :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Trailer Refrigeration System market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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