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Trailer Refrigeration System Market is projected to grow to Multimillion by 2026 from USD million in 2021, at a Impressive CAGR during the forecast period. The demand for Trailer Refrigeration System is driven by the growing demand and increasing adoption rate of systems such as Meat & Sea food, Fruits & Vegetables, Dairy

Companies covered in the Trailer Refrigeration System Market :

Thermo King, Carrier Transicold, MHI, Zanotti, Kingtec, Hubbard

This report focuses on the Trailer Refrigeration System in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.Key market participants covered in the report include Thermo King, Carrier Transicold, MHI, Zanotti, Kingtec, Hubbard and etc. By product type, Single Temperature type was the largest segment in the refrigerated trailer market, accounting for 57% share in 2016. On the basis of end use, the market has been segmented into dairy, fruits & vegetables, meat & sea food and others (confectionary, bakery and medicinal products). Globally, meat & seafood is the predominant end use segment, accounting for 33% share in the global refrigerated trailer market in 2016 and is expected to account for 28% share by 2022 due to increasing demand for packaged meat and seafood across the globe.The global refrigerated trailer market has been segmented into five major regions, which include North America, Latin America, Europe, Asia-Pacific and the Middle East & Africa. North America was the largest market for a refrigerated trailer, accounting for over 43% share in 2016. Europe ranked second with over 27% market share in 2016, followed by APAC. Asia Pacific is anticipated to be the fastest growing region in the refrigerated trailer market over the forecast period.The worldwide market for Trailer Refrigeration System is expected to grow at a CAGR of roughly 3.5% over the next five years, will reach 1530 million US$ in 2023, from 1240 million US$ in 2017, according to a new GIR () study.

Trailer refrigeration system installed on a trailer which designed to carry perishable freight at specific temperatures.

Segmentation by Type : Single Temperature, Multi-Temperature

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