Trailer Refrigeration System Market Analysis With Key Players, Applications, Trends and Forecast To 2025

MarketStudyReport.com offers 2020 report on global Trailer Refrigeration System market that evaluates industry growth trends through historical data and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2020-2025.

According to this study, over the next five years the Trailer Refrigeration System market will register a 4.4% CAGR in terms of revenue, the global market size will reach $ 2063.5 million by 2025, from $ 1739.9 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.

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Research objectives

To study and analyze the global Trailer Refrigeration System consumption (value & volume) by key regions/countries, type and application, history data from 2015 to 2019, and forecast to 2025.

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.

 

This report presents a comprehensive overview, market shares, and growth opportunities of Trailer Refrigeration System market by 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:

Market Segmentation:

Segmentation by type:

Single Temperature

Multi-Temperature

Segmentation by application:

Meat & Sea food

Fruits & Vegetables

Dairy

Others

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This report also splits the market by region:

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.

Key Players in the market

  • Thermo King
  • Carrier Transicold
  • MHI
  • Schmitz Cargobull
  • Kingtec
  • Hubbard
  • Zanotti
  • Lumikko
  • Liebherr-Krone

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.

 

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Trailer Refrigeration System Market 2020 Business Scenario – Thermo King, Carrier Transicold, Kingtec, MHI, Schmitz Cargobull, Zanotti

The global Trailer Refrigeration System market is valued at 1778.6 million US$ in 2020 is expected to reach 2379.9 million US$ by the end of 2026, growing at a CAGR of 4.2% during 2021-2026.

Global Trailer Refrigeration System Market Report 2020-2026 helps the clients to take business decisions and to understand strategies of major players in the industry. The report also calls for market- driven results deriving feasibility studies for client needs. MarketInsightsReports ensures qualified and verifiable aspects of market data operating in the real- time scenario. The analytical studies are conducted ensuring client needs with a thorough understanding of market capacities in the real- time scenario.

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.

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Prominent Players in the global Trailer Refrigeration System market are –

Thermo King, Carrier Transicold, Kingtec, MHI, Schmitz Cargobull, Zanotti, Liebherr-Krone, Hubbard, Lumikko and Other.

Thermo King: Stevens Transport, the largest refrigerated trucking company in Texas and a leading multi-modal, temperature-controlled freight carrier in North America, has purchased $165 million in new equipment for 2019. A total of 1,600 new trucks and trailers will be delivered throughout the year. Stevens Transport is fully committed to having the safest, most cutting-edge equipment on the road to continually better serve its customers and enhance the lives of its drivers. The new equipment purchase of 950 automatic trucks includes: 500 Kenworth T680s, 250 Peterbilt 579s and 200 Freightliner Cascadias. The 650 new trailers include: 450 Utility Trailer Manufacturing 3000Rs and 200 Pneumatic Trailers for Stevens Tanker Division. In addition, 500 Thermo King units and 750 auxiliary power units have been ordered. The equipment will be delivered and distributed throughout 2019 and will cycle out and replace approximately 25% of the current fleet.

18, 2019: The Supra® S6 new-generation truck refrigeration unit from Carrier Transicold combines improved performance, efficiency and reliability with a contemporary new design, making it a welcome addition to fleets that deliver food, pharmaceuticals, flowers and other refrigerated goods. Carrier Transicold is a part of Carrier, a leading global provider of innovative HVAC, refrigeration, fire, security and building automation technologies. Designed for small- to medium-sized trucks, the Supra S6 unit is the first in a new series of diesel-powered truck units being rolled out by Carrier Transicold. It is being debuted at the American Trucking Associations’ Technology & Maintenance Council Annual Meeting and Transportation Technology Exhibition held March 18-21.

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

Single Temperature
Multi-Temperature

On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate for each application, including

Meat & Sea food
Fruits & Vegetables
Dairy
Others

Trailer Refrigeration System Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger and acquisitions along with trending innovation and business policies are reviewed in the report. The report contains basic, secondary and advanced information pertaining to the Trailer Refrigeration System Market global status and trend, market size, share, growth, trends analysis, segment and forecasts from 2020–2026.

There are 15 Chapters to display the Global Trailer Refrigeration System market

Chapter 1, Definition, Specifications and Classification of Trailer Refrigeration System , Applications of Trailer Refrigeration System , Market Segment by Regions;
Chapter 2, Manufacturing Cost Structure, Raw Material and Suppliers, Manufacturing Process, Industry Chain Structure;
Chapter 3, Technical Data and Manufacturing Plants Analysis of Trailer Refrigeration System , Capacity and Commercial Production Date, Manufacturing Plants Distribution, R&D Status and Technology Source, Raw Materials Sources Analysis;
Chapter 4, Overall Market Analysis, Capacity Analysis (Company Segment), Sales Analysis (Company Segment), Sales Price Analysis (Company Segment);
Chapter 5 and 6, Regional Market Analysis that includes United States, China, Europe, Japan, Korea & Taiwan, Trailer Refrigeration System Segment Market Analysis (by Type);
Chapter 7 and 8, The Trailer Refrigeration System Segment Market Analysis (by Application) Major Manufacturers Analysis of Trailer Refrigeration System ;
Chapter 9, Market Trend Analysis, Regional Market Trend, Market Trend by Product Type Wall-Mounted Board, Mobile Board, Others, Market Trend by Application Schools, Office, Family, Others;
Chapter 10, Regional Marketing Type Analysis, International Trade Type Analysis, Supply Chain Analysis;
Chapter 11, The Consumers Analysis of Global Trailer Refrigeration System ;
Chapter 12, Trailer Refrigeration System Research Findings and Conclusion, Appendix, methodology and data source;
Chapter 13, 14 and 15, Trailer Refrigeration System sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.

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Influence of the Trailer Refrigeration System market report:

-Comprehensive assessment of all opportunities and risk in the market.
-Trailer Refrigeration System market recent innovations and major events.
-Detailed study of business strategies for growth of the market-leading players.
-Conclusive study about the growth plot of Trailer Refrigeration System market for forthcoming years.
-In-depth understanding of market-particular drivers, constraints and major micro markets.
-Favorable impression inside vital technological and market latest trends striking the market.

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