Global sales of mobile refrigerators are expected to top US$ 2.9 Bn by 2031. According to the report by Persistence Market Research, the market is estimated to register a healthy CAGR of around 8.3% over the forecast period of 2021-2031.
Technological advancements have led to a number of innovations, and the introduction of Bluetooth features in portable refrigerators is one of them. Portable refrigerators are characterized by advanced features such as voice recognition, touchscreen, as well as Bluetooth connectivity, offering greater convenience to users, which is driving market growth.
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Manufacturers have developed their own apps that are available on Apple and Android app stores. Portable fridges can easily get connected to personal devices such as smartphones and tablets, which allows users to set the temperature of the camping fridge and freezer directly from a smartphone, and monitor the fridge temperature, voltage, and power use over time.
Manufacturers are even developing mobile refrigerators with unique designs and additional features. For instance, Kickass Products Pty Ltd has introduced a mobile portable refrigerator with unique design & additional features such as dual climate zones, integrated 3 stage battery protection, digital thermostats, and a dedicated app to control and monitor the fridges.
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Key Takeaways from Market Study
“Multifunctional products are predicted to increase in popularity as the number of Internet users continues to rise across the world,” says an analyst at Persistence Market Research.
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Key Market Players
The report underlines groundbreaking insights into the competitive scenario of the mobile refrigerator market, along with highlights of differential strategies used by manufacturers.
Some of the key players identified across the value chain include Indel B S.p.a, Dometic Group AB, WHYNTER LLC, Guangzhou Boju Technology Co., Limited, Alpicool Inc., AB Electrolux, Siemens AG, Evakool, Engel Australia Pty Ltd, Kickass Products Pty Ltd, ARB, Tropicool Car Gadgets Pvt. Ltd, Triton Mechanical, ICECO, and Aspenora.
Know More about Report Inclusions
Persistence Market Research published a new market report on the mobile refrigerator market, covering global industry analysis of 2016-2020 and forecasts for 2021 to 2031. This research report provides compelling insights on the basis of product type, build, application, technology, price range, sales channel, capacity, and region.
The report also includes forecast factors and vital macroeconomic factors that are anticipated to boost the growth of the global market. It also addresses the restraints that are projected to hinder market growth, along with the latest trends and potential opportunities in this space.
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