![Road Transport Refrigeration Equipment Market](https://www.skyquestt.com/assets/frontend/images/upcoming_reports_cover_image.jpg)
Report ID: UCMIG20G2012
Report ID:
UCMIG20G2012 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The global market for road transport refrigeration equipment was valued at USD 3.74 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 4.6% during the forecast period. The market size is projected to increase from USD 3.90 billion in 2022 to USD 5.33 billion by 2029. However, the COVID-19 pandemic has affected the demand for this equipment across all regions, resulting in a lower growth rate of 2.7% in 2020 compared to 2019.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Construction Machinery & Heavy Trucks by segment aggregation, the contribution of the Construction Machinery & Heavy Trucks in Capital Goods and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATIONThe market for Road Transport Refrigeration Equipment was estimated to be valued at US$ XX Mn in 2021.
The Road Transport Refrigeration Equipment Market is estimated to grow at a CAGR of XX% by 2028.
The Road Transport Refrigeration Equipment Market is segmented on the basis of Install Vehicle, Mode of Operation, Power Source, Application, Region.
Based on region, the Road Transport Refrigeration Equipment Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
The key players operating in the Road Transport Refrigeration Equipment Market are Carrier (Carrier Transicold) (U.S.), Mitsubishi Heavy Industries (Mitsubishi Heavy Industries Thermal Systems Ltd.) (Japan), G.A.H. Refrigeration (U.K.), Hwasung Thermo Co. Ltd. (Korea), Trane Technologies plc (Thermo King Corporation & FrigoBlock Grosskopf GmbH) (U.S.), Daikin Industries Ltd. (Zanotti S.p.A.) (Italy), Songz Automobile Air Conditioning Co., Ltd. (China), Safkar Ege Cooling Air Conditioning Cold Air Tes.İhr.İth.A.Ş (Turkey), Kingtec Group Company Limited (U.S.), Zhengzhou Corun Tech Co., Ltd. (China), Hubbard Products Ltd. (U.K.) , Subros Ltd. (India), LAMBERET SAS (France), Morgan Corporation (U.S.), Schmitz Cargobull (Germany), Chereau SAS (France), Wabash National Corporation (U.S.), KRESS Fahrzeugbau GmbH (Germany), Zhengzhou Guchen Thermo Co., Ltd. (China).
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Report ID: UCMIG20G2012