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ROAD TRANSPORT REFRIGERATION EQUIPMENT

Global Market Trajectory & Analytics

MCP-1818

VALIDATED EXECUTIVE ENGAGEMENTS

Number of executives repeatedly engaged by snail & email outreach*

POOL + OUTREACH

988

Interactions with Platform & by Email *

INTERACTIONS

198

Unique # Participated *

PARTICIPANTS

43

Responses Validated *

VALIDATIONS

18

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  •  DATE

    MAY 2020

  •  TABLES

    108

  •  PAGES

    214

  •  EDITION

    20

  •  PRICE

    US$5600


COVID-19 IMPACT SURVEY MAY 2020

Amid the COVID-19 crisis and the looming economic recession, the Road Transport Refrigeration Equipment market worldwide will grow by a projected US$2.3 Billion, during the analysis period, driven by a revised compounded annual growth rate (CAGR) of 4%. Truck Refrigeration System & Bodies, one of the segments analyzed and sized in this study, is forecast to grow at over 4.1% and reach a market size of US$4.2 Billion by the end of the analysis period. An unusual period in history, the coronavirus pandemic has unleashed a series of unprecedented events affecting every industry. The Truck Refrigeration System & Bodies market will be reset to a new normal which going forwards in a post COVID-19 era will be continuously redefined and redesigned. Staying on top of trends and accurate analysis is paramount now more than ever to manage uncertainty, change and continuously adapt to new and evolving market conditions.

As part of the new emerging geographic scenario, the United States is forecast to readjust to a 4.8% CAGR. Within Europe, the region worst hit by the pandemic, Germany will add over US$131.4 Million to the region's size over the next 7 to 8 years. In addition, over US$99.8 Million worth of projected demand in the region will come from Rest of European markets. In Japan, the Truck Refrigeration System & Bodies segment will reach a market size of US$339.6 Million by the close of the analysis period. Blamed for the pandemic, significant political and economic challenges confront China. Amid the growing push for decoupling and economic distancing, the changing relationship between China and the rest of the world will influence competition and opportunities in the Road Transport Refrigeration Equipment market. Against this backdrop and the changing geopolitical, business and consumer sentiments, the world's second largest economy will grow at 3.9% over the next couple of years and add approximately US$384.5 Million in terms of addressable market opportunity. Continuous monitoring for emerging signs of a possible new world order post-COVID-19 crisis is a must for aspiring businesses and their astute leaders seeking to find success in the now changing Road Transport Refrigeration Equipment market landscape. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include, among others, Carrier Transicold; Chereau SAS; FRIGOBLOCK Grosskopf GmbH; GAH Refrigeration Ltd; Great Dane; Hubbard Products Ltd.; Ingersoll-Rand plc; Lamberet SAS; Mitsubishi Heavy Industries Ltd.; Morgan Corporation; Schmitz Cargobull AG; Thermo King Corporation; United Technologies Corporation; Wabash National Corporation

SEGMENTS

» Product Type (Truck Refrigeration System & Bodies, Van Refrigeration System & Bodies, Trailer Refrigeration System & Bodies) » Application (Food & Beverages, Pharmaceuticals & Chemicals, Plants & Flowers, Other Applications)

GEOGRAPHIES

» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » and Rest of Europe » Asia-Pacific » Rest of World

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