The Fortune Business Insights Research Company recently published a detailed research titled Global Road Transport Refrigeration Equipment Market Size 2025: Trends Analysis with Forecast 2025. This current market research study contains a plethora of useful insights and data, such as worldwide market size, regional shares, and competitor market share. Additionally, it discusses current trends, future opportunities, and critical statistics for market success.

The road transport refrigeration equipment market is crucial for maintaining the quality and safety of perishable goods during transit. Innovations in refrigeration technology, such as energy-efficient systems and advanced monitoring, are enhancing reliability and reducing operational costs.

In summary, Fortune Business Insights™’s latest report on the Global Road Transport Refrigeration Equipment Market is a must-read for any industry

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Forecast Growth Projected:

The global road transport refrigeration equipment market size was valued at USD 3.91 billion in 2022. The market is projected to grow from USD 4.08 billion in 2023 to USD 5.74 billion by 2030, exhibiting a CAGR of 5.0% during the forecast period.

List of the Major Key Players in the Road Transport Refrigeration Equipment Market:

• Carrier (Carrier Transicold) (U.S.)

• Mitsubishi Heavy Industries (Mitsubishi Heavy Industries Thermal Systems Ltd.) (Japan)

• G.A.H. Refrigeration (U.K.)

• Hwasung Thermo Co. Ltd. (Korea)

• Trane Technologies plc (Thermo King Corporation & FrigoBlock Grosskopf GmbH) (U.S.)

• Daikin Industries Ltd. (Zanotti S.p.A.) (Italy)

• Songz Automobile Air Conditioning Co., Ltd. (China)

• Safkar Ege Cooling Air Conditioning Cold Air Tes.İhr.İth.A.Ş (Turkey)

• Kingtec Group Company Limited (U.S.)

• Zhengzhou Corun Tech Co., Ltd. (China)

Key Industry Devlopments in the Road Transport Refrigeration Equipment Market:

• Trane Technologies acquired Farrar Scientific, a leader in ultra-low temperature management, for biopharmaceutical and other life science applications. Farrar Scientific's patented technology meets an unmet demand for ultra-low temperature storage and process that is modular, efficient & versatile including heating/thawing & cooling.

• Robert Bosch GmbH signed a collaboration with Carrier Corporation, to construct trailer and truck bodies for performing in the FresH2 fuel cell project which was carried out in France. The new technology is utilized to improve the efficiency of refrigerated trucks, and trailers while moving from one location to another.

Segmentation:

By Install Vehicle

• Van & Light Truck

• Heavy Truck

• Trailer

By Mode of Operation

• Single Temperature

• Multi-temperature

By Power Source

• Vehicle-Powered

• Self-powered

By Application

• Food and Beverage Products

• Pharmaceutical and Other Healthcare Products

• Floral Products

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What are the New Additions in Road Transport Refrigeration Equipment Market Report?

Comprehensive Market Analysis: The 2023 study offers a comprehensive industry analysis, including important market trends, development drivers, challenges, and opportunities. It covers several industrial sectors and provides information on market size, share, and segmentation.

Company Profiles: The study contains detailed information on significant industry participants. It provides thorough profiles of these organizations, focusing on their financial performance, product portfolios, strategic objectives, alliances, and competitive landscape research.

Customization and Analyst Support: The report provides customized services and analyst help upon request. This might involve custom research, particular data requirements, or unique insights depending on the client's needs and preferences.

Recent Market Developments: The report reflects the most recent market developments that have transpired since the last edition. It contains recent mergers and acquisitions, product launches, collaborations, regulatory changes, and other major events that have shaped the industrial landscape.

Futuristic Growth Opportunities: The research examines and provides potential for future growth in the sector. It delves into developing technologies, industry trends, consumer preferences, and regulatory variables that are projected to fuel development and innovation in the next years.

Regional/Country Reports: In response to particular requests, the report provides tailored regional or country-specific analyses. This allows for a better grasp of market dynamics, the competitive environment, and prospects within a certain area or nation.

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