Market Overview:
The global van transport refrigeration equipment 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 frozen and chilled food items, rising pharmaceutical and chemical shipments, and growing plant and flower exports. In terms of type, the frozen transport segment is expected to account for the largest share of the global van transport refrigeration equipment market in 2018. This segment is projected to grow at a CAGR of 6% during the forecast period. The chilled transport segment is projected to grow at a CAGR of 4% during the same period. In terms of application, food/beverages are expected to account for the largest share of the global van transport refrigeration equipment market in 2018.
Product Definition:
Van Transport Refrigeration Equipment is a type of refrigeration equipment that is used to transport food and other perishable items. It is important for businesses that rely on transporting food and other perishables to have this type of equipment, as it helps to keep the items cold and prevent them from spoiling.
Frozen Transport:
Frozen transport is the transportation of goods using techniques such as cold storage and frozen transport. The growth factor in this market is increasing demand for fresh fruits and vegetables across the globe due to rising health awareness among consumers, changing lifestyles, growing population, and increasing disposable income. This has led to an increase in demand for processed food which further propels growth in this market.
Chilled Transport:
Chilled transport is the process of maintaining a temperature difference between the source and destination of the shipment. In order to achieve this, shipments are divided into two parts; cold side and hot side. The cold side has lower temperatures than that of the hot side in order to preserve goods during transportation.
Application Insights:
Food and beverages was the largest application segment in 2017, accounting for a market share of over 50%. The growth can be attributed to rising demand for fruits and vegetables across the globe. Furthermore, van transport refrigeration equipment is widely used in food processing industries, where it is deployed at various levels such as cold chain storage facilities or within trucks.
The pharmaceuticals/chemicals application segment accounted for a significant market share in 2017 owing to increasing demand from countries such as India and China. Pharmaceutical companies are increasingly using these services due to high product volume that needs to be transported on a daily basis.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing demand for frozen food and rising health consciousness among consumers in this region. Asia Pacific is anticipated to witness significant growth over the coming years owing to improving economic conditions, growing population, and expanding pharmaceutical sector in developing countries such as India and China.
Growth Factors:
- Increasing demand for perishable goods and food items due to changing lifestyle and growing population.
- Proliferation of supermarkets, hypermarkets, convenience stores, and e-commerce players across the globe is expected to drive the demand for refrigerated transport equipment over the forecast period.
- Stringent government regulations pertaining to food safety are likely to propel the growth of Van Transport Refrigeration Equipment market over the forecast period.
- Technological advancements in refrigeration systems is anticipated to fuel market growth during the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Van Transport Refrigeration Equipment Market Research Report
By Type
Frozen Transport, Chilled Transport
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
217
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Van Transport Refrigeration Equipment Market Report Segments:
The global Van Transport Refrigeration Equipment market is segmented on the basis of:
Types
Frozen Transport, Chilled Transport
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 Van Transport Refrigeration Equipment 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:
- Frozen Transport
- Chilled Transport
- 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 Van Transport Refrigeration Equipment 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
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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?
Van transport refrigeration equipment is a specialized type of refrigeration equipment used to cool cargo vans and other large vehicles. This equipment uses a variety of methods to keep the van's interior temperature at a comfortable level, including using air conditioning, ice packs, and fans.
Some of the major companies in the van transport refrigeration equipment market are Thermo King, Carrier Transicold, DENSO, Wabash National, Lamberet, MHI, Chereau, Great Dane, Zanotti, Kingtec, FRIGOBLOCK, GAH Refrigeration, Morgan, Sainte Marie, Hubbard.
The van transport refrigeration equipment 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 Van Transport Refrigeration Equipment 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 Van Transport Refrigeration Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Van Transport Refrigeration Equipment 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 Van Transport Refrigeration Equipment 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 Van Transport Refrigeration Equipment Market Size & Forecast, 2020-2028
4.5.1 Van Transport Refrigeration Equipment Market Size and Y-o-Y Growth
4.5.2 Van Transport Refrigeration Equipment Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Frozen Transport
5.2.2 Chilled Transport
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 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 Van Transport Refrigeration Equipment 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 Van Transport Refrigeration Equipment 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Frozen Transport
9.6.2 Chilled Transport
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 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Frozen Transport
10.6.2 Chilled Transport
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 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Frozen Transport
11.6.2 Chilled Transport
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 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Frozen Transport
12.6.2 Chilled Transport
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 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Frozen Transport
13.6.2 Chilled Transport
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) 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 Van Transport Refrigeration Equipment Market: Competitive Dashboard
14.2 Global Van Transport Refrigeration Equipment 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
