Refrigerated Transportation Market Size to grow by USD 39155.6 million between 2024-2028
Technavio, a leading provider of market research reports, has released its latest study on Refrigerated Transportation Market. This report offers a comprehensive analysis of the current market trends, emerging opportunities, and key challenges.
Key Highlights:
The market size is estimated to grow by USD 39155.6 million, at a CAGR of 7.81% during the forecast period. In the realm of refrigerated transportation, there is a growing trend towards more efficient and sustainable solutions. Traditional temperature-controlled trailers, which primarily rely on diesel engines, are being supplanted by innovations such as electrification, hybridization, solar power, and optimized technology. Notable examples include Carrier Transicold's eCool system, which utilizes E-Drive technology to capture and store kinetic energy at the trailer axle for battery-powered refrigeration. Schmitz, a German trailer manufacturer, has also introduced a fully-electric S.CUe (Semi-Trailer-Cooling-Unit electric), featuring an electric cooling unit and an electronically controlled generator axle with energy recovery. These advancements underscore the industry's commitment to reducing emissions and enhancing overall efficiency.
For insights on company offerings- Request a sample report!
In the dynamic business landscape, the Refrigerated Transportation Market holds significant potential, catering to the growing demand for temperature-controlled logistics solutions. This sector's expansion is driven by increasing consumer preferences for perishable goods and the need for efficient supply chain management. Key players are investing in advanced technologies, such as refrigerated containers and real-time temperature monitoring systems, to enhance their offerings and maintain a competitive edge.
About Technavio
Technavio is a global market research company offering comprehensive reports and insights on various industries. Our research helps businesses make informed decisions by providing actionable data and trends. Technavio is based on four simple principles: easy-to-access reports, robust industry coverage, a focus on new and emerging technologies, and competitive pricing. We believe in helping companies and executives become better equipped to make faster, sounder, and more effective decisions. Technavio is one of the most influential market research and advisory firms in the world. We work with business and technology leaders to provide cutting-edge market research and insights to companies.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/