As on date of
publishing, this report will capture the impact assessment of COVID-19 on this
market and the same will be considered in our market forecast model. Clients
purchasing this report between April and June 2020 will be getting a ‘free’
updated market data excel sheet between July and September 2020 accounting for
the impact of COVID-19 on the market in the current year 2020 and forecast.
India decentralized cold storage
market is expected to grow at an impressive rate during the forecast period.
India decentralized cold storage is driven by the growing need to cut down agricultural
produce wastage and improve the economic status of farmers. Additionally,
supportive government policies & schemes, subsidies for promoting the use
of renewable energy and vision of self-reliant India is further expected to
propel the market growth through FY2026. Furthermore, the sudden outbreak and
spread of pandemic COVID-19, lockdown and shut down of economy resulted in
widening of demand-supply gap. The crops, fruits & vegetables, dairy
products, among others produced on the agricultural lands were not able to
reach the buyers or the markets due to economic shutdown and lockdown. This
resulted in spoilage and wastage of perishable agricultural products such as
fruits & vegetables, dairy products such as milk, curd, among others. This
in turn drives the market growth in order to preserve and store surplus during
difficult and unanticipated situations. Besides, use of decentralized cold
storage provides opportunities to the farmers to sell their produce at the best
prices, thereby providing financial stability to the farmers. This in turn is
expected to fuel the market growth over the next few years.
The India decentralized cold
storage market is segmented based on power solution, storage capacity,
temperature type, application, company and region. Based on power solution, the
market can be categorized into solar, biomass and others. Out of these, the solar
power segment is expected to dominate the market owing to the abundant
availability of solar energy. Additionally, benefits such as low maintenance,
improvement of grid security, less electricity loss, among others associated
with solar energy is expected to further drive the segmental growth. Also, all
the available decentralized cold storages in the market are being powered by
solar energy. Based on temperature type, the market can
be split into chilled and frozen. Here, the chilled segment is expected to
dominate the market since they are widely preferred and majorly used for
storing perishable agricultural products such as fruits & vegetables, milk,
eggs, dairy products, among others.
Major players operating in the India
decentralized cold storage market include Cool Crop Technologies Pvt. Ltd., Ecozen
Solutions, Bharat Refrigerations Pvt. Ltd., Promethean Power Systems, Tan90 and
others.
Years considered for this report:
Historical Years: FY2016-FY2019
Base Year: FY2020
Estimated Year: FY2021
Forecast Period: FY2022–FY2026
Objective of the
Study:
- To analyze and estimate the market size of India
decentralized cold storage market from FY2016 to FY2019.
- To estimate and forecast the market size of India
decentralized cold storage market from FY2020 to FY2026 and growth rate
until FY2026.
- To classify and forecast India decentralized
cold storage market based on power solution, storage capacity, temperature
type, application, company and regional distribution.
- To identify dominant region or segment in the India
decentralized cold storage market.
- To identify drivers and challenges for India decentralized
cold storage market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in India
decentralized cold storage market.
- To identify and analyze the profile of leading
players operating in India decentralized cold storage market.
- To identify key sustainable strategies adopted
by market players in India decentralized cold storage market.
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TechSci Research performed both primary as well as
exhaustive secondary research for this study. Initially, TechSci Research
sourced a list of decentralized cold storage manufacturers across the country. Subsequently, TechSci Research
conducted primary research surveys with the identified companies. While
interviewing, the respondents were also enquired about their competitors.
Through this technique, TechSci Research could include the decentralized cold
storage manufacturers which could not be identified due to the limitations of
secondary research. TechSci Research analyzed the decentralized cold storage manufacturers, vendors and presence of all major players across the country.
TechSci Research calculated the market size of India decentralized cold storage market using a bottom-up approach, wherein data for various end-user
segments was recorded and forecast for the future years. TechSci Research
sourced these values from the industry experts and company representatives and
externally validated through analyzing historical data of these product types
and applications for getting an appropriate, overall market size. Various
secondary sources such as company websites, news articles, press releases,
company annual reports, investor presentations and financial reports were also studied
by TechSci Research.
Key Target Audience:
- Decentralized cold storage manufacturers,
suppliers, distributors and other stakeholders
- Government bodies such as
regulating authorities and policy makers
- Organizations, forums and
alliances related to decentralized cold storage
- Market research and
consulting firms
The study is useful in providing answers
to several critical questions that are important for the industry stakeholders
such as manufacturers, suppliers, partners, end users, etc., besides allowing
them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, India decentralized
cold storage market has been segmented into following categories, in
addition to the industry trends which have also been detailed below:
- India Decentralized Cold Storage Market, By Power
Solution:
- India Decentralized Cold Storage Market, By Storage
Capacity:
- India Decentralized Cold Storage Market, By Temperature
Type:
- India Decentralized Cold Storage Market, By Application:
- Dairy Products
- Fruits & Vegetables
- Meat Products
- Others
- India Decentralized
Cold Storage Market, By Region:
Competitive
Landscape
Company Profiles: Detailed analysis of the major
companies present in India decentralized cold storage market.
Available
Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and
profiling of additional market players (up to five).
India decentralized cold
storage market is an upcoming report to be released soon. If you wish an early
delivery of this report or want to confirm the date of release, please contact
us at sales@techsciresearch.com
In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com