Market Snapshot:
Refrigerated Transport Vehicles is type of transport vehicle. Refrigerated transport Vehicles is a method of transporting goods using temperature-controlled vehicle. The Refrigerated Transport Vehicles trucks have an in-built refrigeration system that keeps the shipments cool at a constant temperature throughout the shipping process. A Refrigerated Transport Vehicles, also known as a chiller lorry, is a van or truck designed to transport perishable cargo at low temperatures. The majority of long-distance Refrigerated Transport Vehicles is done in articulated trucks pulling refrigerated semi-trailers. They are sometimes used to transport deceased people. Refrigerated transportation also known as reefer freight is a method of shipping freight that necessitates the use of special, temperature-controlled vehicles. The vehicle transporting the goods has an in-built refrigeration system that keeps the goods at the desired temperature throughout the journey
Highlights from Refrigerated Transport Vehicles Market Study
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
The key Manufacturers profiled in the report are GAH Refrigeration Ltd. (United Kingdom), Carrier Transicold Inc. (United States), Daikin Industries (India), Swift Transportation Company (United States), DB Schenker (Germany), Conagra Brands Inc. (United States), MSC Mediterranean Shipping Company S.A. (Switzerland), Del Monte Pacific Ltd. (Singapore), Wabash National Corporation (United States) and Prime Inc (United States). Additionally, other players that are part of this comprehensive study are KLLM Transport Services (United States), Stevens Transport (Texas) and Marten Transport (United States).
Geographic Breakdown and Segment Analysis
The Global Refrigerated Transport Vehicles market presents a comprehensive analysis of the Refrigerated Transport Vehicles market by product type (Refrigerated Trucks, Refrigerated Trailers, Refrigerated Railcars, Refrigerated Ships, Refrigerated Containers and Others), by end-user/application (Pharmaceutical, Shipping Industry, Food and Beverage and Others), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Refrigerated Transport Vehicles industry. Investors and Manufacturers can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Refrigerated Transport Vehicles market
Analyst at AMA have segmented the market study of Global Refrigerated Transport Vehicles market by Type, Application and Region.
Refrigerated Transport Vehicles Market Dynamics:
Attributes | Details |
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Growth Drivers | - Growing Demand of Pharmaceutical Industry
- Upsurge Need of Fresh Delicate Good
- Quick and Easy Delivery Of Nearby Location
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Influencing Trends | - Increased Quality Awareness and Continuous Improvement in Refrigerated Truck Manufacturing
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Restraints | - High Cost for Transportation
- Necessary to Follow Food Safety Modernization Regulations
- Expensive and High Maintains Cost Required
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Gaps & Opportunities | - Intermodal Transport to Save Fuel Costs
- Increase Investment Interest of Government
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Market Developments Activities:
On 28 April 2022 Hungarian logistics giant Waberer's International Acquire Gyarmati Trans Kft. The Acquisition to be taken over will focus on refrigerated warehousing and transportation activities in Eastern Hungary, serving food industry companies primarily in the meat sector.
In 2021 Thermo king launches the T- 80 series Refrigerated Transport truck. Thermo King, the world's leading provider of transport temperature control solutions and a Trane Technologies brand, recently launched its innovative product T-80E series units across the Asia Pacific market. Thermo King's innovative technologies and sustainability focus deliver greater refrigeration capacity with more accurate temperature control ability, exceeding customer expectations. This series offers a variety of temperature control accuracy, dual-temperature solutions, and water heating options. Furthermore, the units include a remote monitoring function that monitors temperature changes within the compartment throughout the transportation process to ensure the safety of the goods being transported.
Regulatory Insights:
The FDA Food Safety Modernization Act (FSMA) rule on Sanitary Transportation of Human and Animal Food is now final, advancing FDA’s efforts to protect foods from farm to table by keeping them safe from contamination during transportation. The goal of this rule is to prevent practices during transportation that create food safety risks, such as failure to properly refrigerate food, inadequate cleaning of vehicles between loads, and failure to properly protect food. The rule builds on safeguards envisioned in the 2005 Sanitary Food Transportation Act (SFTA). Because of illness outbreaks resulting from human and animal food contaminated during transportation, and incidents and reports of unsanitary transportation practices, there have long been concerns about the need for regulations to ensure that foods are being transported in a safe manner
The Refrigerated Transport Vehicles is included more number of player which are provide high number of services so the global market are less competition. In worldwide market of Refrigerated Transport Vehicles the presented companies follow the new launch or innovation of product and they have some time follow marge and acquisition for increasing their revenue and growth.
Key Target Audience
Refrigerated Transport Vehicles manufacturer, Pharmaceutical Industry, Food Industry, Shipping firm, Vendor & Supplier, Corporate Entities, Government Bodies and Others