As per the Report by Fortune Business Insights report, titled “Road Transport Refrigeration Unit (Equipment) MarketSize, Share and Industry Analysis, By Install Vehicle , By Mode of Operation, By Power Source, By Application and Regional Forecast, 2019-2026”, the market size in 2018 was 221.3 thousand units. The report also provides a wide spectrum of information regarding factors, drivers, trends, and dynamics that will influence the development of the market during the forecast period.
The Global Road Transport Refrigeration Unit Marketsize is slated to touch 339.3 thousand units by 2026, exhibiting a CAGR of 5.5% during the forecast period
Road transport refrigeration unit (equipment) refers to a system of transporting goods that require to be carried and delivered using specialized temperature-controlled vehicles. This equipment is seeing an escalating adoption rate owing to the increasing demand for fresh perishable foodstuffs such as fruits, vegetables, and meat. Such items, when kept in cold storage for prolonged periods, lose their nutritional value and can even turn toxic.
Fortune Business Insights covers the following companies in the Road Transport Refrigeration Equipment Market –
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The Report Covers the Following, Major Points Precisely:
Refrigerated transport enables efficient transportation of these goods within the prescribed timeframe. Industries such as pharmaceuticals and life-sciences have also greatly benefitted from innovations in road transport refrigeration unit technology.
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Asia-Pacific to Emerge as the Most Lucrative Region; North America to Dominate
Asia-Pacific is set to emerge as a the most promising region in the global road transport refrigeration market owing to growing concerns about food wastage, rising preference for fresh foods, and rapid urbanization. The region accounted for 44.2 thousand units in 2018, with India projected to register the highest CAGR in the continent. North America is anticipated to hold a commanding position as demand for processed food in the region is exceptionally high. In Europe, online retail for ordering food items is a thriving industry and it has led to an increased the demand for refrigerated equipment. Additionally, the single market of European Union (EU) facilitates convenient cross-border trade and commerce among member countries, which further enhances potential of the market. In Latin America, Brazil and Mexico are leading the way, with the former expected to grow at an impressive CAGR.
Scope of the Road Transport Refrigeration Equipment MarketResearch Report-
1. By Install Vehicle
2. By Mode of Operation
3. By Power Source
4. By Application
5. By Geography
Major Table of Content–
5.Global Road Transport Refrigeration Equipment Market Analysis, Insights and Forecast, 2015-20265.1.Definitions5.2.Key Findings / Summary5.3.Market Analysis, Insights and Forecast By Install Vehicle5.3.1.Van and Light Truck5.3.2.Heavy Truck5.3.3.Trailer5.4.Market Analysis, Insights and Forecast By Mode of Operation5.4.1.Single Temperature5.4.2.Multi Temperature5.5.Market Analysis, Insights and Forecast By Power Source5.5.1.Vehicle Powered5.6.5.5.1.1.Vehicle Battery5.7.5.5.1.2.Direct Drive5.7.1.Self-Powered5.8.5.5.2.1.Diesel5.9.5.5.2.2.Electric5.10.Market Analysis, Insights and Forecast By Application5.10.1.Food and Beverage Products5.10.2.Pharmaceutical and Other Healthcare Products5.10.3.Floral Products5.11.Market Analysis, Insights and Forecast By Region5.11.1.North America5.11.2.Europe5.11.3.Asia Pacific5.11.4.Middle East and Africa5.11.5.Latin America6.North America Road Transport Refrigeration Equipment Market Analysis, Insights and Forecast, 2015-20266.1.Key Findings / Summary6.2.Market Analysis, Insights and Forecast By Install Vehicle6.2.1.Van and Light Truck6.2.2.Heavy Truck6.2.3.Trailer6.3.Market Analysis, Insights and Forecast By Mode of Operation6.3.1.Single Temperature6.3.2.Multi Temperature6.4.Market Analysis, Insights and Forecast By Power Source6.4.1.Vehicle Powered6.5.6.4.1.1.Vehicle Battery6.6.6.4.1.2.Direct Drive6.6.1.Self-Powered6.7.6.4.2.1.Diesel6.8.6.4.2.2.Electric6.9.Market Analysis, Insights and Forecast By Application6.9.1.Food and Beverage Products6.9.2.Pharmaceutical and Other Healthcare Products6.9.3.Floral Products6.10.Market Analysis, Insights and Forecast By Country6.10.1.U.S.6.10.2.Canada7.Europe Road Transport Refrigeration Equipment Market Analysis, Insights and Forecast, 2015-20267.1.Key Findings / Summary7.2.Market Analysis, Insights and Forecast By Install Vehicle7.2.1.Van and Light Truck7.2.2.Heavy Truck7.2.3.Trailer7.3.Market Analysis, Insights and Forecast By Mode of Operation7.3.1.Single Temperature7.3.2.Multi Temperature7.4.Market Analysis, Insights and Forecast By Power Source7.4.1.Vehicle Powered7.5.7.4.1.1.Vehicle Battery7.6.7.4.1.2.Direct Drive7.6.1.Self-Powered7.7.7.4.2.1.Diesel7.8.7.4.2.2.Electric7.9.Market Analysis, Insights and Forecast By Application7.9.1.Food and Beverage Products7.9.2.Pharmaceutical and Other Healthcare Products7.9.3.Floral Products7.10.Market Analysis, Insights and Forecast By Country7.10.1.UK7.10.2.Germany7.10.3.France7.10.4.Poland7.10.5.Italy7.10.6.Spain7.10.7.Russia7.10.8.Turkey7.10.9.Rest of Europe8.Asia Pacific Road Transport Refrigeration Equipment Market Analysis, Insights and Forecast, 2015-20268.1.Key Findings / Summary8.2.Market Analysis, Insights and Forecast By Install Vehicle8.2.1.Van and Light Truck8.2.2.Heavy Truck8.2.3.Trailer8.3.Market Analysis, Insights and Forecast By Mode of Operation8.3.1.Single Temperature8.3.2.Multi Temperature8.4.Market Analysis, Insights and Forecast By Power Source8.4.1.Vehicle Powered8.5.8.4.1.1.Vehicle Battery8.6.8.4.1.2.Direct Drive8.6.1.Self-Powered8.7.8.4.2.1.Diesel8.8.8.4.2.2.Electric8.9.Market Analysis, Insights and Forecast By Application8.9.1.Food and Beverage Products8.9.2.Pharmaceutical and Other Healthcare Products8.9.3.Floral Products8.10.Market Analysis, Insights and Forecast By Country8.10.1.China8.10.2.Japan8.10.3.India8.10.4.Southeast Asia8.10.5.Rest of Asia Pacific
TOC Continued…!!
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