Refrigerated Transport Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis,

Refrigerated Transport Market, by Technology, Mode of Transport, Product Type - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018 – 2026

Refrigerated Transport Market study provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players.

Preservation and protection of food, drugs, and medical supplies have made refrigerated transport an essential part of the supply chain. Food items such as seafood, frozen food, fruits, meat, fsh, and dairy products require specifc temperature and conditions to prevent decay and maintain the high quality expected by consumers. These items thus require refrigerated transportation. Products such as meat and dairy have a low shelf life and need efective cold storage and transportation across the distribution chain. Advancements in technology and high focus on innovation has enhanced the efciency of refrigerated transportation for safety of food, reduced food wastage and energy consumption, and minimal environmental impacts.

For More Information @ https://www.coherentmarketinsights.com/market-insight/refrigerated-transport-market-920

Market Dynamics Rising demand for frozen food throughout the globe is a major factor driving growth of the market for refrigerated transport. Increasing technological advancements and globalization have boosted the demand for cold chain transportation and distribution techniques for perishable commodities requiring controlled temperatures. This in turn, has surged demand for refrigerated

transport, to ensure sustained quality of delivered commodities. However, lack of efcient transport infrastructure to deal with various environmental changes and lack of low skilled resources in emerging economies pose as major restraints for growth of the global refrigerated transport market.

Growing need for technological transition from conventional energy sources to efficient renewable ones is the malor factor propelling adoption of fuel cells in refrigerated transport.

Urban infrastructure includes water supply, trafc control, electricity grid, and others that relies on refrigerated transport systems where it controls function and fows of air. Increasing infrastructural development such as smart cities, smart transportation in emerging economies such as China, India, and Brazil is expected to create a conducive environment for growth of refrigerated transport systems market. For instance, in 2016, government of India initiated 100 Smart Cities Mission, through which it is expected to invest over US$ 15 billion in order to build efcient and efective city management solution and infrastructure by 2020. Hence, increasing infrastructural development is majorly fueling growth of refrigerated transport market.

Increasing use of Big Data Analytics across various industry verticals is expected to drive the market growth Conventional energy sources for vehicles such as petroleum, diesel, and natural gas have certain pros and cons. Advantages include easy availability in natural habitat, established infrastructure to run such vehicles, and available designs with improved features. However, the emission of harmful gases and scarcity of resources has put a strain on development of renewable and ecofriendly substitutes and relevant infrastructure development. As per Coherent Market Insights, annually around 90- 95% of transportation sector utilizes liquid hydrocarbons made from fossils as a major source of fuel; however this has caused around 21% of CO2 generation in European Union. Governing bodies of various countries and global giant companies from various sectors such as oil & gas, energy & utilities, and automotive among others have been investing in technological developments in alternative solutions for current resource crisis for conventional energy. One such development which has been proven to be a viable solution is hydrogen cells.

Introducing it as a major source of energy involves major changes in any country’s infrastructure for energy and feet management.

For In depth Information Get Sample Copy of this Report @ https://www.coherentmarketinsights.com/insight/request-sample/920 Global Key Players: Some of the key players operating in the Refrigerated Transport market include United Technologies Corporation, Daikin Industries, Ltd., Ingersoll-Rand plc., China International Marine Containers (Group) Co., Ltd., Schmitz Cargobull Aktiengesellschaft, Utility Trailer Manufacturing Company, Singamas Container Holdings Limited, Hyundai Motor Company, Lamberet SAS, and Wabash National Corporation, Mitsubishi Heavy Industries, Ltd., and Great Dane Trailers, Inc.

Europe refrigerated transport market is expected to witness considerable growth during the forecast period High demand for frozen foods in Europe is a key factor driving growth of the market. Germany, the U.K., and France have the highest demand for frozen foods. According to Coherent Market Insights’ analysis, Germany, the U.K., and France combined accounted for a share of 54% of the Europe frozen food market in 2015.

Therefore, increasing adoption of frozen foods is propelling demand for cold supply chain, which in turn is expected to boost growth of the refrigerated transport market in Europe Inquire Here Before Purchase of Research Report @ https://www.coherentmarketinsights.com/insight/talk-to-analyst/920

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting frm ofering actionready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:

Mr. Shah Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154 Tel: +1-206-701-6702 Email: sales@coherentmarketinsights.com