Refrigerated Transport Market by Technology (Mechanical, Cryogenic), Mode of Transportation (Road, Sea, Air), Application, and Geography - Global Industry Analysis, Opportunities and Forecast up to 2028

Refrigerated Transport Market Size

The Refrigerated Transport market size was valued at $16.71 billion in 2022 and is projected to reach $26.52 billion by 2028, growing at a CAGR of 8.0% during the forecast period.

Refrigerated Transport Market Overview

Refrigerated transport, also known as temperature-controlled transportation or cold chain logistics, refers to the transportation of perishable goods and temperature-sensitive products under controlled temperature conditions. This specialized form of logistics involves the use of refrigerated trucks, trailers, or shipping containers equipped with refrigeration units to maintain specific temperature ranges during transit. Refrigerated transport is essential for transporting goods such as fresh produce, dairy products, frozen foods, pharmaceuticals, and chemicals that require precise temperature control to preserve their quality, freshness, and safety. The refrigeration units in these vehicles or containers can maintain temperatures ranging from freezing to above freezing, depending on the requirements of the cargo being transported. Proper temperature management throughout the entire supply chain, from production facilities to distribution centers and final delivery points, is critical to prevent spoilage, maintain product integrity, and ensure compliance with regulatory standards. Refrigerated transport plays a vital role in global trade and supply chain logistics, facilitating the safe and efficient distribution of perishable goods to consumers worldwide.

Refrigerated Transport Market Dynamics

The market dynamics analyzed in this market research report encapsulate a multifaceted interplay of drivers and constraints that significantly shape the landscape of the Refrigerated Transport Market. The comprehensive analysis of both drivers and constraints enables a nuanced understanding of the market's dynamics, empowering businesses and stakeholders to make informed decisions in navigating the complexities of the market.

Refrigerated Transport Market Scope

The report “Global Refrigerated Transport Market: Industry Analysis, Opportunities and Forecast up to 2028” by Diligence Insights provides a detailed analysis of the present market and future outlook with market estimates and forecasts for all specified segments, encompassing both global and regional perspectives as outlined within the research framework. The study includes historical market data for the years 2020, 2021 and offers revenue estimations for 2022, and project forecasts spanning from 2023 to 2028. It places significant emphasis on the examination of market trends, key industry participants, supply chain developments, technological advancements, pivotal milestones, and prospective strategies. Comprehensive market assessments are carried out across major geographic regions, including North America, Europe, Asia Pacific, South America, and Middle East & Africa. As such, this report constitutes a valuable resource for current industry stakeholders, newcomers to the field, and potential investors.

The study offers an in-depth market analysis, drawing insights from industry experts across the value chain. A special focus has been made on 25 countries, including the United States, Canada, Mexico, the United Kingdom, Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, and South Africa, among others. The market data has been meticulously collected through extensive primary interviews and comprehensive secondary research. Market size determination is rooted in the revenue generated from sales across all the specified segments and sub-segments as defined within the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.

Market Segmentation:

The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:

Global Refrigerated Transport Market by, Technology

·        Mechanical

·        Cryogenic

Global Refrigerated Transport Market by, Mode of Transportation

·        Road

·        Sea

·        Air

Global Refrigerated Transport Market by, Application

·        Chilled

·        Frozen

Global Refrigerated Transport Market by, Geography

·        North America (The United States, Canada, Mexico), Market Estimates, Forecast & Opportunity Analysis.

·        Europe (Germany, France, UK, Italy, Spain, Rest of Europe), Market Estimates, Forecast & Opportunity Analysis

·        Asia Pacific (China, Japan, India, South Korea, Australia, New Zealand, Rest of Asia Pacific), Market Estimates, Forecast & Opportunity Analysis

·        South America (Brazil, Argentina, Chile, Rest of South America), Market Estimates, Forecast & Opportunity Analysis

·        Middle East & Africa (UAE, Saudi Arabia, Qatar, Iran, South Africa, Rest of Middle East & Africa), Market Estimates, Forecast & Opportunity Analysis.

Key Players Profiled in this Research Report include:

·        Carrier Transicold

·        FRIGOBLOCK Grosskopf GmbH

·        Great Dane

·        Krone Commercial Vehicle Group

·        Mitsubishi Heavy Industries Ltd.

·        Schmitz Cargobull AG

·        Thermo King Corporation

·        United Technologies Corporation

·        Wabash National Corporation

What can be explored with this research report?

·        Understand global Refrigerated Transport Market analysis, trends, and forecast to 2028.

·        Understand analysis of the Refrigerated Transport Market structure by identifying various segments and sub-segments of the market.

·        Understand revenue forecast and strategic analysis concerning industry trends and contribution to the overall Refrigerated Transport Market.

·        Understand the revenue forecast of the Refrigerated Transport Market for North America, Europe, Asia-Pacific, South America, and Middle East & Africa.

·        Identification of major market trends, factors driving, restraining, threatening, and providing opportunities for the Refrigerated Transport Market growth.

·        Analyzing opportunities by identification of high-growth segments/revenue pockets in the Refrigerated Transport Market.

·        Understand major player profiles in the Refrigerated Transport Market and analyze their business strategies.

·        Understand competitive developments such as joint ventures, alliances, mergers and acquisitions, and new product launches in the Refrigerated Transport Market.

Table Of Content

1 Market Introduction 
 1.1 Market Definition 
 1.2 Research Scope and Segmentation 
 1.3 Stakeholders 
 1.4 List of Abbreviations 
 
2 Executive Summary 
 
3 Research Methodology 
 3.1 Identification of Data 
 3.2 Evaluation of Market Dynamics 
 3.3 Collaboration of Data 
 3.4 Verification and Analysis 
 3.5 Research Approach 
 3.6 Data Sources and Assumptions 
 
4 Market Dynamics 
 4.1 Market Drivers 
 4.2 Market Restraints 
 4.3 Market Opportunities 
 4.4 Market Challenges 
 4.5 Impact of COVID-19 on the Refrigerated Transport Market 
 
5 Porter's Five Force Analysis 
 5.1 Bargaining Power of Suppliers 
 5.2 Bargaining Power of Buyers 
 5.3 Threat of New Entrants 
 5.4 Threat of Substitutes 
 5.5 Competitive Rivalry in the Market 
 
6 Global Refrigerated Transport Market by, Technology 
 6.1 Overview 
 6.2 Mechanical 
 6.3 Cryogenic 
 
7 Global Refrigerated Transport Market by, Mode of Transportation 
 7.1 Overview 
 7.2 Road 
 7.3 Sea 
 7.4 Air 
 
8 Global Refrigerated Transport Market by, Application 
 8.1 Overview 
 8.2 Chilled 
 8.3 Frozen 
 
9 Global Refrigerated Transport Market by, Geography 
 9.1 Overview 
 9.2 North America 
 9.2.1 US 
 9.2.2 Canada 
 9.2.3 Mexico 
 9.3 Europe 
 9.3.1 Germany 
 9.3.2 France 
 9.3.3 UK 
 9.3.4 Italy 
 9.3.5 Spain 
 9.3.6 Rest of Europe 
 9.4 Asia Pacific 
 9.4.1 China 
 9.4.2 Japan 
 9.4.3 India 
 9.4.4 South Korea 
 9.4.5 Australia 
 9.4.6 New Zealand 
 9.4.7 Rest of Asia Pacific 
 9.5 South America 
 9.5.1 Brazil 
 9.5.2 Argentina 
 9.5.3 Chile 
 9.5.4 Rest of South America 
 9.6 Middle East & Africa 
 9.6.1 UAE 
 9.6.2 Saudi Arabia 
 9.6.3 Qatar 
 9.6.4 Iran 
 9.6.5 South Africa 
 9.6.6 Rest of Middle East & Africa 
 
10 Key Developments 
 
11 Company Profiling 
 11.1 Carrier Transicold 
 11.1.1 Business Overview 
 11.1.2 Product/Service Offering 
 11.1.3 Financial Overview 
 11.1.4 SWOT Analysis 
 11.1.5 Key Activities 
 11.2 FRIGOBLOCK Grosskopf GmbH 
 11.3 Great Dane 
 11.4 Krone Commercial Vehicle Group 
 11.5 Mitsubishi Heavy Industries Ltd. 
 11.6 Schmitz Cargobull AG 
 11.7 Thermo King Corporation 
 11.8 United Technologies Corporation 
 11.9 Wabash National Corporation