

Refrigerated Road Transport Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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The Refrigerated Road Transport market is experiencing steady growth, driven by rising demand for temperature-sensitive goods. The global market size reached approximately $18 billion in 2023, with a projected CAGR of 7% through 2030. Key trends include innovations in logistics technology and increasing regulatory requirements for food safety.
◍ Wabash National Corporation
◍ China International Marine Containers
◍ Daikin Industries
◍ Hyundai Motor Company
◍ Ingersoll-Rand PLC (Thermo King)
◍ Lamberet SAS
◍ Schmitz Cargobull AG
◍ Singamas Container Holdings Limited
The refrigerated road transport market features companies like Wabash National, Daikin, and Carrier, driving innovations in temperature control and energy efficiency. These firms enhance logistics efficiency, expanding the sector's reach. Notable revenues include Carrier Corporation at approximately $18 billion and Hyundai Motor Company at about $78 billion in total revenue.
◍ United Technologies Corporation (Carrier Corporation)
◍ Utility Trailer Manufacturing Compan
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◍ Light Commercial Vehicles (LCV)
◍ Medium & Heavy Commercial Vehicles (MHCV)
◍ Heavy Commercial Vehicles (HCV) ◍ Food & Beverage ◍ Chemical Transportation
◍ Healthcare Products and Research ◍ Others
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$ X Billion USD