Market Overview:
The global refrigeration units for vans 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 food and beverages, pharmaceuticals and chemicals, and plants and flowers across the globe. Additionally, the growing trend of online grocery shopping is also contributing to the growth of this market. The small-size segment is expected to dominate the global refrigeration units for vans market during the forecast period from 2018 to 2030. This segment accounted for a share of more than 60% in 2017 and is projected to grow at a CAGR of 5.8% during the forecast period from 2018to 2030.
Product Definition:
Refrigeration Units for Vans are a type of refrigeration system that is used to keep perishables cold while being transported. This is important because it allows businesses to transport items such as food and drinks without them spoiling.
Small-size:
Small-size is the part of refrigeration units that are used to store products such as fruits, vegetables, dairy products and meat. Refrigeration unit for vans is a small-sized portable refrigerator which can be plugged into a 12V DC power source or can be directly connected to the battery. It has an inbuilt compressor which helps in maintaining low temperatures inside the van.
Medium-size:
The van is a type of light commercial vehicle used for the transportation of goods and passengers. Refrigeration units for vans are designed to transport frozen or chilled goods such as fish, meat, vegetables and fruits, pharmaceutical products and other food items.
Application Insights:
The food and beverages application segment led the global refrigeration units for vans market in 2017. This is attributed to the rising demand for packaged foods such as ready-to-eat meals, frozen meals, snacks and desserts among others. Furthermore, growth of this industry is further driven by increasing consumption of alcoholic and non-alcoholic beverages such as soft drinks (carbonated & non-carbonated), beer, wine coolers/sparkling water among others.
The pharmaceuticals/chemicals application segment accounted for a significant share in 2017 due to extensive usage of Refrigerated trucks or vans with cooling equipment during transportation and storage of chemicals that are vital for manufacturing various products including drugs, medicines intermediate goods along with their packaging materials etc.
Regional Analysis:
North America was the largest regional market in 2017 owing to high demand for convenient food transportation. The region is expected to maintain its dominance over the forecast period due to increasing number of vans in service and rising preference for cold products. Europe is also estimated to be a promising market, primarily driven by growing pharmaceutical industry. Asia Pacific is projected to register significant growth over the coming years as a result of increasing disposable income and improving consumer lifestyle resulting in increased spending on transport services, thereby promoting van sales.
The refrigeration units segment held approximately 60% share of overall revenue in 2017 owing with high demand from industries such as food & beverages, pharmaceuticals/chemicals.
Growth Factors:
- Increasing demand for refrigerated vans in the food and beverage industry
- Growing popularity of online grocery shopping
- Proliferation of convenience stores and fast-food chains
- Rising demand for temperature-controlled transportation services
- Technological advancements in refrigeration systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Refrigeration Units for Vans Market Research Report
By Type
Small-size, Medium-size
By Application
Food/Beverages, Pharmaceuticals/Chemicals, Plants/Flowers
By Companies
Thermo King, Carrier Transicold, DENSO, Wabash National, Lamberet, MHI, Chereau, Great Dane, Zanotti, Kingtec, FRIGOBLOCK, GAH Refrigeration, Morgan, Sainte Marie, Hubbard
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
127
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Refrigeration Units for Vans Market Report Segments:
The global Refrigeration Units for Vans market is segmented on the basis of:
Types
Small-size, Medium-size
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
Food/Beverages, Pharmaceuticals/Chemicals, Plants/Flowers
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
- DENSO
- Wabash National
- Lamberet
- MHI
- Chereau
- Great Dane
- Zanotti
- Kingtec
- FRIGOBLOCK
- GAH Refrigeration
- Morgan
- Sainte Marie
- Hubbard
Highlights of The Refrigeration Units for Vans 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:
- Small-size
- Medium-size
- By Application:
- Food/Beverages
- Pharmaceuticals/Chemicals
- Plants/Flowers
- 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 Refrigeration Units for Vans 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.
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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?
Refrigeration units for vans are typically installed in the back of a van to keep food and beverages cold.
Some of the key players operating in the refrigeration units for vans market are Thermo King, Carrier Transicold, DENSO, Wabash National, Lamberet, MHI, Chereau, Great Dane, Zanotti, Kingtec, FRIGOBLOCK, GAH Refrigeration, Morgan, Sainte Marie, Hubbard.
The refrigeration units for vans market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Refrigeration Units for Vans Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Refrigeration Units for Vans Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Refrigeration Units for Vans Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Refrigeration Units for Vans Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Refrigeration Units for Vans Market Size & Forecast, 2018-2028 4.5.1 Refrigeration Units for Vans Market Size and Y-o-Y Growth 4.5.2 Refrigeration Units for Vans Market Absolute $ Opportunity
Chapter 5 Global Refrigeration Units for Vans Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Refrigeration Units for Vans Market Size Forecast by Type
5.2.1 Small-size
5.2.2 Medium-size
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Refrigeration Units for Vans Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Refrigeration Units for Vans Market Size Forecast by Applications
6.2.1 Food/Beverages
6.2.2 Pharmaceuticals/Chemicals
6.2.3 Plants/Flowers
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Refrigeration Units for Vans Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Refrigeration Units for Vans Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Refrigeration Units for Vans Analysis and Forecast
9.1 Introduction
9.2 North America Refrigeration Units for Vans Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Refrigeration Units for Vans Market Size Forecast by Type
9.6.1 Small-size
9.6.2 Medium-size
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Refrigeration Units for Vans Market Size Forecast by Applications
9.10.1 Food/Beverages
9.10.2 Pharmaceuticals/Chemicals
9.10.3 Plants/Flowers
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Refrigeration Units for Vans Analysis and Forecast
10.1 Introduction
10.2 Europe Refrigeration Units for Vans Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Refrigeration Units for Vans Market Size Forecast by Type
10.6.1 Small-size
10.6.2 Medium-size
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Refrigeration Units for Vans Market Size Forecast by Applications
10.10.1 Food/Beverages
10.10.2 Pharmaceuticals/Chemicals
10.10.3 Plants/Flowers
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Refrigeration Units for Vans Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Refrigeration Units for Vans Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Refrigeration Units for Vans Market Size Forecast by Type
11.6.1 Small-size
11.6.2 Medium-size
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Refrigeration Units for Vans Market Size Forecast by Applications
11.10.1 Food/Beverages
11.10.2 Pharmaceuticals/Chemicals
11.10.3 Plants/Flowers
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Refrigeration Units for Vans Analysis and Forecast
12.1 Introduction
12.2 Latin America Refrigeration Units for Vans Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Refrigeration Units for Vans Market Size Forecast by Type
12.6.1 Small-size
12.6.2 Medium-size
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Refrigeration Units for Vans Market Size Forecast by Applications
12.10.1 Food/Beverages
12.10.2 Pharmaceuticals/Chemicals
12.10.3 Plants/Flowers
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Refrigeration Units for Vans Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Refrigeration Units for Vans Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Refrigeration Units for Vans Market Size Forecast by Type
13.6.1 Small-size
13.6.2 Medium-size
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Refrigeration Units for Vans Market Size Forecast by Applications
13.10.1 Food/Beverages
13.10.2 Pharmaceuticals/Chemicals
13.10.3 Plants/Flowers
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Refrigeration Units for Vans Market: Competitive Dashboard
14.2 Global Refrigeration Units for Vans Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Thermo King
14.3.2 Carrier Transicold
14.3.3 DENSO
14.3.4 Wabash National
14.3.5 Lamberet
14.3.6 MHI
14.3.7 Chereau
14.3.8 Great Dane
14.3.9 Zanotti
14.3.10 Kingtec
14.3.11 FRIGOBLOCK
14.3.12 GAH Refrigeration
14.3.13 Morgan
14.3.14 Sainte Marie
14.3.15 Hubbard