Data Bridge Market Research analyses that the Europe truck refrigeration unit market is expected to reach a value of USD 5,633.52 million by 2030, at a CAGR of 5.0%, during the forecast period of 2023 to 2030. The truck refrigeration unit market also covers pricing analysis, patent analysis, and technological advancements in depth.The truck refrigeration unit market also covers pricing analysis, patent analysis, and technological advancements in depth. A shift in consumer preference for frozen foods products has resulted in the growing demand for truck refrigeration units by many industries. Furthermore, there has been increased adoption of refrigerated fruits and vegetables by consumers and transportation of medical drugs, vaccines, general medicines, and supplements all over the world.
A shift in consumer preference for frozen foods products has resulted in the growing demand for truck refrigeration units by many industries. Furthermore, there has been increased adoption of refrigerated fruits and vegetables by consumers and transportation of medical drugs, vaccines, general medicines, and supplements all over the world.
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Europe Truck Refrigeration Market Scope
The Europe truck refrigeration unit market is segmented on the basis of type, length, application, power source, power capacity, and vehicle type. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
· On the basis of price range, the Europe Truck Refrigeration market is segmented into high range and low/economy range. In 2021, high range segment is expected to dominate the market due to its accurate, reliable and efficient results.
· On the basis of application, the Europe Truck Refrigeration market is segmented into general surgery, anesthesia, arthroscopy and orthopaedic surgery, cardiology, gastroenterology, urology, gynaecology and others. In 2021, cardiology segment is expected to dominate the market due to large number of devices getting reprocessed under cardiology.
· On the basis of type, the Europe Truck Refrigeration market is segmented into in-house and outsource. In 2021, in-house segment is expected to dominate the market as most of the hospitals are reprocessing the devices in-house.
· On the basis of product type, the Europe Truck Refrigeration market is segmented into class I devices and class II devices. In 2021, class II devices segment is expected to dominate the market due to high technology adoption by the market players.
Browse The Table of Contents And List of Figures: https://www.databridgemarketresearch.com/toc/?dbmr=north-america-truck-refrigeration-unit-market
Major TOC of the Europe Truck Refrigeration Market Report
Chapter One:
MARKET SEGEMENTATION
EXECUTIVE SUMMARY
PREMIUM INSIGHTS
MARKET OVERVIEW
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Europe Truck Refrigeration Market Country Level Analysis
Germany is expected to dominate the market due to the market due to growing number of food delivery businesses in the region.The region section of the report also provides individual market-impacting factors and changes in regulations in the market domestically that impact the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, disease epidemiology, and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Europe brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of sales channels are considered while providing forecast analysis of the country data.
The countries covered in the Europe Truck Refrigeration market report are
· U.S., Canada,
· Mexico, Germany, U.K.,
· France, Italy, Spain, Russia,
· Netherlands, Switzerland, Turkey,
· Rest of Europe, China, Japan, India,
· South Korea, Australia, Singapore,
· Thailand, Malaysia, Indonesia, Rest of Asia-Pacific,
· South Africa and Rest of Middle East and Africa,
· Brazil, and Rest of South America.
Competitive Landscape and Europe Truck Refrigeration Market Share Analysis
Europe truck refrigeration unit market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Europe presence, production sites and facilities, production capacities, company strengths and weaknesses, solution launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the Europe truck refrigeration unit market.
The major companies which are dealing in the Global Truck Refrigeration Unit market are
· MITSUBISHI HEAVY INDUSTRIES THERMAL SYSTEMS, LTD.,
· DAIKIN INDUSTRIES, Ltd.,
· Carrier,
· DENSO CORPORATION,
· Grayson, SANDEN CORPORATION,
· Mobile Climate Control,
· Advanced Temperature Control,
· ZHENGZHOU GUCHEN INDUSTRY CO., LTD.,
· TRANE TECHNOLOGIES PLC,
· Subros Limited,
· Klinge Corporation,
· Utility Trailer Manufacturing Company,
· Webasto SE,
· KRONE, SONGZ AUTOMOBILE AIR CONDITIONING CO., LTD,
· Kidron, and Schmitz Cargobull among others.
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According to a recent Fact.MR study, ~97,969 truck refrigeration units were sold in the 2018, and sales are highly likely to expand 1.5X during 2019 to 2029.
The use of truck refrigeration units for the transportation of fruits and vegetables is envisaged to account for a substantial market share in 2019, and will be accountable for ~40% of the overall sales through 2029.
This Fact.MR research study offers a long-term perspective of the truck refrigeration units market for the duration 2019 to 2029.
The truck refrigeration units market is envisaged to register a volume CAGR of ~4.5% through 2029.Chillers Remains the Key Asset for Stakeholders The Fact.MR study opines that the demand for highly perishable foods has been expanding at an unprecedented pace, which in turn continues to hard press the food and beverage companies to strengthen their product cold supply logistics/chain.
This has led to an increased demand for proper transportation refrigeration infrastructure, while creating a window of opportunities for the market players.In light of the dire need for the proper and safe transportation of highly temperature-sensitive products, such as fruits and vegetables, meat and sea food, and dairy products among others, chillers have been witnessing a significant demand over freezers.
Growing agriculture sector, specifically in countries like India is further underpinning the adoption of chillers, which the Fact.MR study estimates that is likely to exhibit the incremental opportunity of ~510 Mn between 2019 and 2029.
