Market Overview:
The global chiller lorry market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for chilled food items, especially in developed countries. In addition, the growing trend of online grocery shopping is also contributing to the growth of this market. The global chiller lorry market can be segmented on the basis of type into single temperature type and multi-temperature type. The single temperature type segment is expected to account for a larger share of the global chiller lorry market than the multi-temperature type segment during the forecast period from 2018 to 2030. This can be attributed to its low cost and easy installation as compared with multi-temperature types. On the basis of application,the global chiller lorrymarket can be divided into meat & sea food, fruits & vegetables, dairy and others segments.
Product Definition:
A chiller lorry is a truck that has been fitted with a refrigeration unit to keep perishable goods cold. The importance of chiller lorries is that they help to maintain the temperature of food items during transportation, which helps to prevent spoilage.
Single Temperature Type:
Single temperature type is a system used to measure the refrigerant flow in which the refrigerant is flowing through a heat transfer medium at one particular temperature. The single-temperature type systems are majorly used for measuring ammonia, propane and butane among other refrigerants.
The single-temperature type systems have several advantages over multi-temperature types such as ease of installation, low cost and maintenance among others.
Multi-Temperature Type:
The multi-temperature type is used in the chillers lorries to maintain the temperature of refrigerated units. It helps in maintaining optimum efficiency and performance of refrigeration systems. The multi-temperature control system consists of a set of controls that allow switching between two or more temperatures.
It allows switching from one temperature to another without any interruption in process, which is very convenient for operators as well as consumers.
Application Insights:
The meat and sea food industry is one of the major application areas for chillers. The use of chiller trucks in this industry helps in maintaining the temperature required for processing and transportation of meat products. Chilled water is also used directly in processing plants to facilitate efficient operations at a lower cost.
Fruits and vegetables require varying temperatures during their cultivation, harvesting, packaging as well as storage procedures. The demand for chillers suitable for such applications has witnessed significant growth over recent years owing to their utility in handling varied climatic conditions across different regions globally. Chillers are widely used across Latin America where it handles fruits and vegetables during harvest season along with other agricultural produce such as sugarcane or maize crops grown on large farms or plantations requiring uniform temperature throughout the day/night cycle without any delays or cooling down periods between each operation stage like drying, curing etc.
Regional Analysis:
Asia Pacific dominated the global chiller lorry market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand for food products, especially fruits and vegetables, meat & seafood, dairy products across China and India. Furthermore, rising awareness regarding health issues due to poor quality of food has led consumers to prefer chilled foods such as fresh fruits and vegetables along with packaged milk which will further drive regional growth.
The European market is anticipated to witness significant growth over the forecast period owing to an increase in demand for energy-efficient Chillers from various end-use industries including Food & Beverage Industry.
Growth Factors:
- Increasing demand for cold storage and refrigeration in food and beverage industry
- Growing popularity of chilled transportation for perishable goods
- Proliferation of supermarkets and hypermarkets across the globe
- Rising disposable income of consumers in developing countries
- Technological advancements in chiller lorry design and manufacturing
Scope Of The Report
Report Attributes
Report Details
Report Title
Chiller Lorry Market Research Report
By Type
Single Temperature Type, Multi-Temperature Type
By Application
Meat & Sea Food, Fruits & Vegetables, Dairy, Others
By Companies
Thermo King, Carrier Transicold, MHI, Zanotti, Kingtec, Hubbard, Tata Motors
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Chiller Lorry Market Report Segments:
The global Chiller Lorry market is segmented on the basis of:
Types
Single Temperature Type, Multi-Temperature Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Meat & Sea Food, Fruits & Vegetables, Dairy, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Thermo King
- Carrier Transicold
- MHI
- Zanotti
- Kingtec
- Hubbard
- Tata Motors
Highlights of The Chiller Lorry Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single Temperature Type
- Multi-Temperature Type
- By Application:
- Meat & Sea Food
- Fruits & Vegetables
- Dairy
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Chiller Lorry Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Chiller Lorry is a refrigerated truck that transports perishable food products.
Some of the major companies in the chiller lorry market are Thermo King, Carrier Transicold, MHI, Zanotti, Kingtec, Hubbard, Tata Motors.
The chiller lorry market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Chiller Lorry Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Chiller Lorry Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Chiller Lorry Market - Supply Chain
4.5. Global Chiller Lorry Market Forecast
4.5.1. Chiller Lorry Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Chiller Lorry Market Size (000 Units) and Y-o-Y Growth
4.5.3. Chiller Lorry Market Absolute $ Opportunity
5. Global Chiller Lorry Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Chiller Lorry Market Size and Volume Forecast by Type
5.3.1. Single Temperature Type
5.3.2. Multi-Temperature Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Chiller Lorry Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Chiller Lorry Market Size and Volume Forecast by Application
6.3.1. Meat & Sea Food
6.3.2. Fruits & Vegetables
6.3.3. Dairy
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Chiller Lorry Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Chiller Lorry Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Chiller Lorry Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Chiller Lorry Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Chiller Lorry Demand Share Forecast, 2019-2026
9. North America Chiller Lorry Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Chiller Lorry Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Chiller Lorry Market Size and Volume Forecast by Application
9.4.1. Meat & Sea Food
9.4.2. Fruits & Vegetables
9.4.3. Dairy
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Chiller Lorry Market Size and Volume Forecast by Type
9.7.1. Single Temperature Type
9.7.2. Multi-Temperature Type
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Chiller Lorry Demand Share Forecast, 2019-2026
10. Latin America Chiller Lorry Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Chiller Lorry Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Chiller Lorry Market Size and Volume Forecast by Application
10.4.1. Meat & Sea Food
10.4.2. Fruits & Vegetables
10.4.3. Dairy
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Chiller Lorry Market Size and Volume Forecast by Type
10.7.1. Single Temperature Type
10.7.2. Multi-Temperature Type
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Chiller Lorry Demand Share Forecast, 2019-2026
11. Europe Chiller Lorry Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Chiller Lorry Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Chiller Lorry Market Size and Volume Forecast by Application
11.4.1. Meat & Sea Food
11.4.2. Fruits & Vegetables
11.4.3. Dairy
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Chiller Lorry Market Size and Volume Forecast by Type
11.7.1. Single Temperature Type
11.7.2. Multi-Temperature Type
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Chiller Lorry Demand Share, 2019-2026
12. Asia Pacific Chiller Lorry Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Chiller Lorry Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Chiller Lorry Market Size and Volume Forecast by Application
12.4.1. Meat & Sea Food
12.4.2. Fruits & Vegetables
12.4.3. Dairy
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Chiller Lorry Market Size and Volume Forecast by Type
12.7.1. Single Temperature Type
12.7.2. Multi-Temperature Type
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Chiller Lorry Demand Share, 2019-2026
13. Middle East & Africa Chiller Lorry Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Chiller Lorry Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Chiller Lorry Market Size and Volume Forecast by Application
13.4.1. Meat & Sea Food
13.4.2. Fruits & Vegetables
13.4.3. Dairy
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Chiller Lorry Market Size and Volume Forecast by Type
13.7.1. Single Temperature Type
13.7.2. Multi-Temperature Type
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Chiller Lorry Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Chiller Lorry Market: Market Share Analysis
14.2. Chiller Lorry Distributors and Customers
14.3. Chiller Lorry Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Thermo King
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Carrier Transicold
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. MHI
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Zanotti
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Kingtec
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hubbard
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Tata Motors
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
