Truck Refrigeration Unit

Sales Of Truck Refrigeration Unit Market Are Highly Likely To Expand 1.5x By 2029

Industry Insights

According to a recent Fact.MR study, ~97,969 truck refrigeration units were sold in the 2018, and sales are highly likely to expand 1.5X during 2019 to 2029. The use of truck refrigeration units for the transportation of fruits and vegetables is envisaged to account for a substantial market share in 2019, and will be accountable for 40% of the overall sales through 2029.

For More Insights Into The Market, Request a Sample of this Report – https://www.factmr.com/connectus/sample?flag=S&rep_id=3245

Chillers Remains the Key Asset for Stakeholders

The Fact.MR study opines that the demand for highly perishable foods has been expanding at an unprecedented pace, which in turn continues to hard press the food and beverage companies to strengthen their product cold supply logistics/chain. This has led to an increased demand for proper transportation refrigeration infrastructure, while creating a window of opportunities for the market players.

In light of the dire need for the proper and safe transportation of highly temperature-sensitive products, such as fruits and vegetables, meat and sea food, and dairy products among others, chillers have been witnessing a significant demand over freezers. Growing agriculture sector, specifically in countries like India is further underpinning the adoption of chillers, which the Fact.MR study estimates that is likely to exhibit the incremental opportunity of ~510 Mn between 2019 and 2029.

Truck Refrigeration Units Market – Segmentation

Fact.MR’s study analyzes the truck refrigeration units market on the basis of power, product, vehicle, end use and region. The report also offers comprehensive information about the market dynamics as well as the various trends associated with varying segments, and how they are shaping the growth of the truck refrigeration units market.

  • By Product :

    • Chiller
    • Freezer
  • By Vehicle :

    • Light Duty Trucks
    • Medium Duty Trucks
    • Heavy Duty Trucks
  • By End Use :

    • Dairy
    • Fruits and Vegetables
    • Meat and Sea Food
    • Others
  • By Power :

    • Vehicle Powered
    • Diesel Powered
  • By Region :

    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia
    • Oceania
    • MEA

Leave a Reply

Related Posts