According to a market report by Lucintel, the future of the global refrigerated transport market looks promising with opportunities in the air-blown evaporator, eutectic device, hybrid, and fully electrified markets. The global refrigerated transport market is expected to reach an estimated $191.4 billion by 2030 with a CAGR of 6.8% from 2024 to 2030. The major drivers for this market are rising public awareness of the benefits of eating a healthy diet and having a wide range of products available, increasing quantity of cold storage facilities, and growth in the pharmaceutical sectors.
In this market, single temperature and multi-temperature are the major
segments of refrigerated transport market by temperature.
Lucintel forecasts that multi-temperature is expected to witness fastest
growth over the forecast period due to the increasing demand for
multi-temperature transportation solutions to transport a variety of perishable
goods, such as fresh fruits and vegetables, frozen food, and pharmaceuticals.
Within this market, fully electrified will remain the largest segment
over the forecast period.
APAC will remain the largest region over the forecast period due to rapid
urbanization and rising disposable incomes, growth of organized retail and the
rapidly expanding e-commerce industry, as well as, stringent food safety
regulations in this region.
United Technologies Corporation, Daiken Industries, Ingersoll Rand, China
International Shipping Containers, Utility Trailer Manufacturing, Singamas
Container, Hyundai, Schmitz Cargobull, and Tata Motors are the major suppliers
in the refrigerated transport market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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