City of Industry, CA -- (SBWIRE) -- 08/21/2018 -- This study focuses on the production side and consumption side of Transport Refrigeration Units, presents the global Transport Refrigeration Units market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.

In terms of production side, this report researches the Transport Refrigeration Units capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.

In terms of consumption side, this report focuses on the consumption of Transport Refrigeration Units by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.

Transport refrigeration units are used to control the environment of temperature-sensitive products transported in trucks, vans or any carrier vehicle as well as in marine/intermodal containers. Refrigerated transportation is a method of climate controlled transportation, which is specifically designed to ship products that require a cool or frozen temperature to stay fresh for delivery to the market. Products like frozen fruits and vegetables, frozen seafood or meat, plants, chemicals, pharmaceuticals, and agricultural products require a temperature controlled environment to sustain the transit.

The shift in consumers' preferences, from the basic brick and mortar shops to online sites, has significantly contributed to the growth of transport refrigeration units. Owing to technological advancements and the rising competition among grocers, there is a significant shift in the consumers' needs and expectations in the grocery retail sector. In India, Bigbasket and Grofers have become popular for their wide range of groceries available for online shopping. The Bigbasket online store has a wide range of products from staples, vegetables, meat, fish, gourmet items, and household goods to personal care items. Owing to the convenience in online shopping, the e-grocery market is witessign significant growth. This rise in the e-commerce sector for groceries simultaneously increases the demand for refrigerated transportation to deliver perishable goods, subsequently driving the demand for transport refrigeration units market.

North America is estimated to be the major revenue contributor to the transport refrigeration units market throughout the forecast period. The increasing demand for processed foods and pharmaceuticals coupled with investments towards the expansion of cold supply chain, will drive the growth of the transport refrigeration units market in North America.

The Transport Refrigeration Units market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Transport Refrigeration Units.

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This report includes the following manufacturers; we can also add the other companies as you want.

Daikin Industries

Ingersoll Rand

Mitsubishi Heavy Industries

Lamberet

Utility Trailer Manufacturing

Morgan Corporation

Schmitz Cargobull

Wabash National Corporation

Market Segment by Product Type

Land Ways

Seaways

Airways

Market Segment by Application

Food Industry

Pharmaceutical Industry

Others

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About QY Research
QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert's resources (included energy automotive chemical medical ICT consumer goods etc.