For overview analysis, the report introduces Global Refrigerated Road Transportation Market basic information including definition, classification, application, industry chain structure, industry overview, policy analysis, and news analysis, etc.
The Report Announces the Publication of its Research Report – Global Refrigerated Road Transportation Market 2017-2021
The Report recognizes the following companies as the key players in the global refrigerated road transportation market: Carrier Transicold, GAH Refrigeration, Culina, and Swift Transportation
Other Prominent Vendors in the market are: Bay & Bay Transportation, DB Schenker, CRST International, Frost Trucking, Great Dane, Hanson Logistics, MCT Transportation, Randon Implementos, Schmitz Cargobull, WEL Companies, West Coast Carriers, and Witte Bros. Exchange
Commenting on Global Refrigerated Road Transportation Market, an analyst from Technavio’s team said: “When perishable goods, such as vegetables, meat, and fruits are transported, especially over long distances, the temperature needs to be maintained throughout the transit. During equipment failure, the temperature in the trucks and trailers stops working resulting in spoilage of goods. When equipment failures go undetected for a considerable period of time, the products in the trucks and trailers get spoilt. To avoid the huge loss of goods, manufacturers have started installing temperature monitoring systems in the refrigerated units. Through the temperature monitoring system, a temperature alarm is set in each truck or trailer that is monitored either through fleet management software or intelligent alarm units and sends messages to the drivers in case of any equipment failure. Through these systems, the time taken to respond to refrigeration equipment failures is reduced by almost 70%, as the problem is immediately fixed or the goods are transferred to another truck, thereby saving the goods from spoilage.”
The Report analysts forecast the global refrigerated road transportation market to grow at a CAGR of 26.49% during the period 2017-2021.
Global Refrigerated Road Transportation Market of 65 pages having tables and figures is available for purchase at
According to Global Refrigerated Road Transportation Market, the primary reason for the growth in frozen food segments is due to the lifestyle change and dietary patterns of consumers across the world. Frozen food, when compared with fresh foods, is perceived to be more nutritious, as the ingredients in the food are frozen. For instance, frozen broccoli has high levels of lutein and vitamin C compared with fresh broccoli. Similarly, frozen carrots and blueberries have more vitamin C and lutein content compared with its fresh form. The global frozen food market was valued at $255 billion in 2015 and will post a CAGR of 4% during the forecast period.
Further, Global Refrigerated Road Transportation Market states that use of diesel fuel is harmful to the environment as it releases black soot that contaminates the air particles and the surroundings. The cost of diesel fuel is also a major concern for refrigerated truck manufacturers. On an average, diesel power refrigeration unit consumes about 3.5 to 5 liters of diesel, per hour, costing around $1.00 -$1.50 per liter. An average input of 3,000 hours in a year, the cost of fuel for a conventional refrigeration unit will cost $12,000. The maintenance cost of refrigeration units is also expensive due to the complexity of the unit. On an average, the maintenance cost of refrigerated trucks will be $6,500 in a year. Though many vendors in the market have shifted to alternative and cost-effective methods, such as nitrogen systems, the majority of the vendors are still highly dependent on diesel fuel. Nitrogen systems used by many refrigeration transport units cost upwards of $8,000 per year, and almost 55%-60% of the maintenance costs gets reduced.
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Table of Contents in Global Refrigerated Road Transportation Market Research Report:
PART 06: Global Refrigerated Road Transportation Market segmentation
Global refrigerated road transportation market by vehicle type
Global refrigerated road transportation market by refrigerated trailers
Global refrigerated road transportation market by refrigerated vans
PART 07: Geographical segmentation
Global refrigerated road transportation market by geography
Refrigerated road transportation market in APAC
Refrigerated road transportation in Americas
Refrigerated road transportation market in EMEA
PART 08: Global Refrigerated Road Transportation Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Global Refrigerated Road Transportation Market trends
PART 13: Vendor landscape
Other prominent vendors
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Global Refrigerated Road Transportation Market was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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