Global Road Transport Refrigeration Equipment Market Growth 2019-2024

Road Transport Refrigeration Equipment is the vans or trucks used for transportation of fresh products or frozen products.
First, for industry structure analysis, the Road Transport Refrigeration Equipment industry is relatively concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 54.78% of the revenue market. Regionally, North America is the biggest production value area of valves, also the leader in the whole Road Transport Refrigeration Equipment industry.
Second, Van Refrigeration System and Bodies accounts for about half of the production market, while the market of Truck Refrigeration System and Bodies is a bit larger than that of Trailer Refrigeration System and Bodiesand. Food/Beverages and Plants/Flowers are the most common application of Transport Refrigeration Equipment.
Third, for price trend analysis, a key variable in the performance of Road Transport Refrigeration Equipment producers is raw material costs, specifically the speed at which any increase can be passed through to customers.

According to this study, over the next five years the Road Transport Refrigeration Equipment market will register a 4.2% CAGR in terms of revenue, the global market size will reach US$ 9090 million by 2024, from US$ 7400 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Road Transport Refrigeration Equipment business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Road Transport Refrigeration Equipment market by product type, application, key manufacturers and key regions and countries.

This study considers the Road Transport Refrigeration Equipment value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Van Refrigeration System and Bodies
Truck Refrigeration System and Bodies
Trailer Refrigeration System and Bodies
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Food/Beverages
Pharmaceuticals/Chemicals
Plants/Flowers
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
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.
Thermo King
Carrier Transicold
DENSO
Wabash National
Lamberet
MHI
Chereau
Great Dane
Zanotti
Kingtec
FRIGOBLOCK
GAH Refrigeration
Morgan
Sainte Marie
Hubbard

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.

Research objectives
To study and analyze the global Road Transport Refrigeration Equipment consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Road Transport Refrigeration Equipment market by identifying its various subsegments.
Focuses on the key global Road Transport Refrigeration Equipment 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 Road Transport Refrigeration Equipment 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 Road Transport Refrigeration Equipment 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.