Refrigerated Transportation: A Global Strategic Business Report
San Jose, California (PRWEB) April 13, 2009
Scarcity of nutritious food is driving the deficient regions to import goods from surplus production regions. While, wastage of high value perishable goods is driving surplus regions to export goods to deficient regions. The very existence of the refrigerated transportation market is to balance the above needs. Refrigerated transportation industry is basically capital intensive with low profit margins. However, the industry is volume intensive and predominantly serves the food industry across the globe. The industry is more directly affected by environment related regulations for both the fuel and the refrigerants consumed by the industry. Refrigerated transportation industry benefits from new trade policies and simplification of processes resulting from growing relationships between countries. The recent fuel price trends and the global economic slowdown reflect in the current growth trends of refrigerated transportation. Drastic changes in the disposable income of middle class population across the globe affect demand growth for premium foods, which in turn influence refrigerated transportation market.
North America represents the largest market for refrigerated transportation, while Asia-Pacific represents the fastest growing refrigerated transportation market over the period 2006-2015. Refrigerated trailers represents the largest product segment, while refrigerated vans represents the fastest growing product segment.
The global marketplace is characterized by participants such as Carrier Transicold, Chereau SAS, EUROFRIGO S.R.L, FRIGOBLOCK Grosskopf GmbH, GAH (Refrigeration) Limited, Great Dane Trailers, Hubbard Products Ltd, Hyundai Translead, Ingersoll-Rand Company Limited, Thermo King Corporation, Johnson Refrigerated Truck Bodies Inc, Klege Europ, Krone Nutzfahrzeuge, Lamberet Isotherms Ltd, Mitsubishi Heavy Industries Ltd, Morgan Corporation, Schmitz Cargobull AG, Utility Trailer Manufacturing Company, and Wabash National Corporation.
"Refrigerated Transportation: A Global Strategic Business Report" from Global Industry Analysts, Inc. provides a comprehensive review of market trends, drivers, product profile, players, competition, recent developments, mergers, acquisitions, and other strategic industry activities. Analysis is presented for major geographic markets such as North America, Japan, Europe, Asia-Pacific, and Rest of World. Global and regional analytics are provided for refrigerated transportation by road only in terms of segments including Vans, Trucks and Trailers covered in both refrigerated transportation systems and body builder (installers) markets.
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