Global Refrigerated Road Transportation Market 2017-2021

  • ID: 4032411
  • Report
  • Region: Global
  • 65 pages
  • TechNavio
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FEATURED COMPANIES

  • Bay & Bay Transportation
  • CRST International
  • DB Schenker
  • GAH Refrigeration
  • Hanson Logistics
  • Randon Implementos
  • MORE
About Refrigerated Road Transportation

Refrigerated transportation is used to supply customers with fresh and high-quality perishable goods such as fruits, vegetables, meat, and other perishables. Each of these food items requires to be kept at different temperatures. Refrigerated devices are used to maintain the temperature at the required limit during transportation.

Analysts forecast the global refrigerated road transportation market to grow at a CAGR of 26.49% during the period 2017-2021.

Covered in this Report:

The report covers the present scenario and the growth prospects of the global refrigerated road transportation market for 2017-2021. To calculate the market size, the report considers the revenue generated by the refrigerated road transportation vendors.

The Market is Divided Into the Following Segments Based on Geography:

Americas
APAC
EMEA

Global Refrigerated Road Transpiration Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.

The report also includes a a discussion of the key vendors operating in this market.

Key Vendors:

Carrier Transicold
GAH Refrigeration
Culina
Swift Transportation

Other Prominent Vendors:

Bay & Bay Transportation
DB Schenker
CRST International
Frost Trucking
Great Dane
Hanson Logistics

Market Drivers:

Increasing demand for frozen food products, growing at a CAGR of 4%
For a full, detailed list, view the full report

Market Challenges:

Risk of equipment failure during transportation
For a full, detailed list, view the full report

Market Trends:

Integration of GPS tracking and temperature monitoring systems
For a full, detailed list, view the full report

Key Questions Answered in this Report:
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Bay & Bay Transportation
  • CRST International
  • DB Schenker
  • GAH Refrigeration
  • Hanson Logistics
  • Randon Implementos
  • MORE
Part 01: Executive summary

Part 02: Scope of the report
Market overview
Top-vendor offerings

Part 03: Market research methodology
Research methodology
Economic indicators

Part 04: Introduction
Key market highlights

Part 05: Market landscape
Global refrigerated road transportation market
Five forces analysis

Part 06: 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: Market drivers

Part 09: Impact of drivers

Part 10: Market challenges

Part 11: Impact of drivers and challenges

Part 12: Market trends

Part 13: Vendor landscape
Competitive Scenario
Carrier Transicold
GAH Refrigeration
Culina Group
Swift Transportation
Other prominent vendors

Part 14: Appendix
List of abbreviations

Part 15: Extras

List of Exhibits
Exhibit 01: Service offerings
Exhibit 02: Transport temperature required for chilled products
Exhibit 03: Transport temperature for frozen products
Exhibit 04: Global refrigerated road transportation market 2016-2021 ($ billions)
Exhibit 05: Cold chain logistics value chain for food and beverage industry
Exhibit 06: Size specification range of refrigerated trucks and trailers
Exhibit 07: Five forces analysis
Exhibit 08: Global refrigerated road transportation market by vehicle type 2016-2021
Exhibit 09: Global refrigerated transportation market by vehicle type 2016-2021 ($ billions)
Exhibit 10: Global refrigerated road transportation market by refrigerated trailers 2016-2021 ($ billions)
Exhibit 11: Global refrigerated road transportation market by refrigerated vans 2016-2021 ($ billions)
Exhibit 12: Global refrigerated road transportation market by geography 2016-2021 (revenue share)
Exhibit 13: Global refrigerated transportation market: YoY growth 2016-2021
Exhibit 14: Refrigerated road transportation market in APAC: Overview
Exhibit 15: Refrigerated road transportation market in APAC 2016-2021 ($ billions)
Exhibit 16: Refrigerated road transportation market in Americas: Overview
Exhibit 17: Refrigerated road transportation market in Americas 2016-2021 ($ billions)
Exhibit 18: Refrigerated road transportation market in EMEA: Overview
Exhibit 19: Refrigerated road transportation market in EMEA 2016-2021 ($ billions)
Exhibit 20: Impact of drivers
Exhibit 21: Impact of drivers and challenges
Exhibit 22: Key performance indicators of vendors
Exhibit 23: Carrier Transicold: Business segmentation
Exhibit 24: Carrier Transicold: Solution offerings
Exhibit 25: Carrier Transicold: Service offerings
Exhibit 26: GAH Refrigeration: Product segmentation
Exhibit 27: Culina Group: Key solutions
Exhibit 28: Business segmentation by revenue 2015
Exhibit 29: Swift Transportation: Service offerings
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FEATURED COMPANIES

  • Bay & Bay Transportation
  • CRST International
  • DB Schenker
  • GAH Refrigeration
  • Hanson Logistics
  • Randon Implementos
  • MORE
Global Refrigerated Road Transportation Market 2017-2021

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 the report, an analyst 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.”

According to the report, 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, the report 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.

The study 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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  • Carrier Transicold
  • GAH Refrigeration
  • Culina
  • Swift Transportation
  • Bay & Bay Transportation
  • DB Schenker
  • CRST International
  • Frost Trucking
  • Great Dane
  • Hanson Logistics
  • MCT Transportation
  • Randon Implementos
  • Schmitz Cargobull
  • WEL Companies
  • West Coast Carriers
  • Witte Bros. Exchange
Note: Product cover images may vary from those shown
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