Report Description

Global Reefer Truck Market By Vehicle Type (L&MCV and HCV), By Application Type (Meat & Fish, Grocery, Dairy Product and Others), By Region (North America, APAC, Europe, MEA and South America), Competition, Forecast & Opportunities, 2013 - 2023

  • Publish Date:January, 2019
  • Format : PDF
  • Pages : 217
  • Industry : Automotive

Global reefer truck market stood at around $ 7 billion in 2017 and is forecast to grow at a CAGR of over 9% to reach $ 11.6 billion by 2023. Anticipated growth in the market can be attributed to massive demand for ready-to-eat food items as well as fresh vegetables and dairy products across the globe. Moreover, people are getting more concerned regarding food quality, which is pushing demand for fresh food items such as fruits & vegetables, milk, dairy products, etc., consequently resulting in increasing demand for reefer trucks. Additionally, booming e-commerce industry and growing restaurants and retail store business is further anticipated to fuel growth in the global reefer truck market in the coming years. L&MCV reefer trucks dominates global reefer truck market owing to their lower cost than HCV reefer trucks.

Years considered for this report:

Historical Years: 2013-2016

Base Year: 2017

Estimated Year: 2018

Forecast Period: 2019–2023

Objective of the Study:

  • To assess the global demand for reefer truck.
  • To analyze and forecast the market size of global reefer truck market.
  • To classify and forecast global reefer truck market on the basis vehicle type, application type and regional distribution.
  • To identify drivers and challenges for global reefer truck market.
  • To identify market trends and developments in the global reefer truck market.
  • To identify and analyze the profiles of leading players operating in global reefer truck market.

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Few of the renowned companies currently operating in the global reefer truck market include, Wabash National Corporation, Schmitz Cargobull AG, China International Marine Containers (Group) Co. Ltd, CHEREAU, Great Dane LLC, KRONE GMBH & CO. KG, and Kögel Trailer GmbH & Co. KG, among others.

In order to perform the study, TechSci Research conducted primary as well as exhaustive secondary research. Initially, TechSci Research prepared an exhaustive list of reefer truck manufacturers and companies currently invested in the market operating in different geographies of the world. Subsequently, TechSci Research conducted primary research surveys, which included primary calls, email responses, etc., with the identified companies. While interviewing, the respondents were also asked about their major competitors. Through this technique, TechSci Research was able to include reefer truck manufacturers, which could not be identified due to the limitations of secondary research. TechSci Research analyzed service offerings, regional network, and regional presence of all major companies across the world.

TechSci Research calculated the market size for global reefer truck market using a bottom-up technique, wherein the value service data for different vehicle type was recorded as well as forecast for the future years. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analyzing historical data of respective companies to arrive at the overall market size. Multiple secondary sources such as directories, databases such as VDA, ANFIA, company websites, company annual reports, white papers, investor presentations and financial reports were also studied by TechSci Research.   

Key Target Audience:

  • Global reefer truck manufacturers, distributors and other stakeholders
  • Global temperature control unit manufacturers, distributors and other stakeholders
  • Associations, organizations, forums and alliances related to reefer trucks and reefer truck fleet owners
  • Government bodies such as regulating authorities and policy makers
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as reefer truck manufacturers, fleet owners and other stakeholders. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.

Report Scope:

In this report, global reefer truck market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, by Vehicle Type:
    • L&MCV
    • HCV
  • Market by Application Type:
    • Meat & Fish
    • Dairy
    • Grocery
    • Others
  • Market by Region:
    • North America
    • APAC
    • Europe
    • MEA
    • South America
  • Market by Company
    • Wabash National Corporation
    • Hyundai Motor Company
    • Schmitz Cargobull AG
    • China International Marine Containers (Group) Co., Ltd
    • Others 

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present across global reefer truck 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.
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