Lucintel Forecasts the Global Reefer Truck Market to Reach $17.3 billion by 2030
Lucintel Forecasts the Global Reefer Truck Market to Reach $17.3 billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global reefer truck market looks promising with opportunities in the food and beverage, pharmaceutical, and chemical markets. The global reefer truck market is expected to reach an estimated $17.3 billion by 2030 from $10.5 billion in 2024, at a CAGR of 8.7% from 2024 to 2030. The major drivers for this market are rise in the global population and improvements in the standards of living, as well as, increasing need for perishable goods to remain fresh that resulted in a rise in the use of refrigerators in large commercial vehicles.
A more than 150-page report to understand trends, opportunity and forecast in reefer truck market to 2030 by vehicle type (light commercial vehicle, medium commercial vehicle, and heavy commercial vehicle), tonnage capacity (less than 10 tons, 10-20 tons, and more than 20 tons), application (food and beverages, pharmaceuticals, chemicals, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the vehicle type category, medium commercial vehicle is expected to witness the highest growth over the forecast period because they offer a balance between size and efficiency, making them suitable for diverse applications like intra-city and inter-city transportation.
In terms of regions, APAC will remain the largest region over the forecast period due to the rise in the number of fast-food businesses in developing nations that resulted in a greater need for reefer trucks to deliver food components.
Download sample by clicking on reefer truck market
Kögel Trailer, Hyundai Translead, Wabash National, Fahrzeugwert Bernard Krone, China International Marine Containers, GRW Tankers and Trailers, Lamberet, Great Dane, Chereau, Schmitz Cargobull are the major suppliers in the reefer truck market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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