Aug 21, 2024
6 mins read
6 mins read

Cold Chain Equipment Market: Understanding Size, Share, Growth, and Trends

Cold Chain Equipment Market: Understanding  Size, Share, Growth, and Trends

Fortune business insights recently published a detailed market research study focused on the “The cold chain equipment market share Report 2024” delivering key insights and providing a competitive advantage to clients through a detailed report. Cold Chain Equipment Market Size, Share & Industry Analysis, By Type (Refrigerated Storage and Transportation), By Industry Vertical (Pharmaceuticals, Food and Beverage, Chemicals, Others), and Regional Forecast, 2023 - 2030

Get a free sample report pdf| https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/109028

The competitive landscape of the market for cold chain equipment market is determined by assessing the major industry participants, production capacity, production capacity utilization rate, cold chain equipment marketM’s production chain, pricing by each manufacturer and the revenue generated by each manufacturer in the cold chain equipment marketM globally.

Top key players of cold chain equipment market:

  • Americold Logistics, Inc. (U.S.)
  • BITZER SE (Germany)
  • CAREL (Italy)
  • ebm-papst (Germany)
  • Carrier Transicold (U.S.)
  • Intertecnica (Italy)
  • Schmitz Cargobull (Germany)
  • Viessmann (Germany)
  • Thermo King (U.S.)
  • Zanotti SpA (Italy)

Market atributes:

Report ComponantAspects
Forecast Period2022-2030
Projected market valuve 2022USD 26.30 billion
Forecasted market valuve 2030USD 83.34 billion
Compound Annual Growth Rate15.5

Get a quote -https://www.fortunebusinessinsights.com/enquiry/get-a-quote/109028

Drivers and restraints:

  • Driver: Rising Demand for Perishable Goods

    Increased consumer demand for fresh and perishable goods, including food and pharmaceuticals, drives the need for cold chain equipment to ensure proper storage and transportation at controlled temperatures.

  • Driver: Growth in Global Food and Pharmaceutical Industries

    The expansion of the global food and pharmaceutical industries increases the need for reliable cold chain solutions to maintain product quality and compliance with regulatory standards during distribution and storage.

  • Driver: Technological Advancements

    Advancements in cold chain technology, such as improved refrigeration systems, temperature monitoring, and automation, enhance the efficiency and reliability of cold chain equipment, driving market growth.

  • Restraint: High Initial Costs

    The substantial upfront investment required for purchasing and installing advanced cold chain equipment can be a barrier for smaller companies and businesses with limited budgets.

  • Restraint: Maintenance and Operational Challenges

    Cold chain equipment requires regular maintenance and can involve complex operational requirements, including ensuring consistent temperature control and addressing equipment failures, which can impact overall efficiency and costs.

Regional analysis:

  • North America (By Type, Industry Vertical, and Country)
    • U.S. (By Industry Vertical)
    • Canada (By Industry Vertical)
    • Mexico (By Industry Vertical)
  • South America (By Type, Industry Vertical, and Country)
    • Brazil (By Industry Vertical)
    • Argentina (By Industry Vertical)
    • Rest of South America
  • Europe (By Type, Industry Vertical, and Country)
    • U.K. (By Industry Vertical)
    • Germany (By Industry Vertical)
    • France (By Industry Vertical)
    • Spain (By Industry Vertical)
    • Rest of Europe
  • Asia Pacific (By Type, Industry Vertical, and Country)
    • China (By Industry Vertical)
    • India (By Industry Vertical)
    • Japan (By Industry Vertical)
    • Rest of Asia Pacific
  • Middle East & Africa (By Type, Industry Vertical, and Country)
    • South Africa (By Industry Vertical)
    • GCC (By Industry Vertical)
    • Rest of the Middle East & Africa

Table of Content :

  • Introduction
    • Research Scope
    • Market Segmentation
    • Research Methodology
    • Definitions and Assumptions
  • Executive Summary
  • Market Dynamics
    • Market Drivers
    • Market Restraints
    • Market Opportunities
  • Key Insights
    • Key Industry Developments – Merger, Acquisitions, and Partnerships
    • Porter’s Five Forces Analysis
    • SWOT Analysis
    • Technological Developments
    • Value Chain Analysis

TOC Continued…!

Ask for customizatin|https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/109028

Key industry developments:

  • December 2022: A.P. Moller Maersk announced the inauguration of a new facility in Norway, meticulously designed to meet the specific requirements of the expansive Norwegian fish industry. This state-of-the-art facility ensures seamless supply chain connectivity, particularly benefiting customers involved in transporting frozen and chilled goods.
  • September 2022: BITZER, the refrigeration and air conditioning specialist, unveiled sustainable solutions tailored for bus and rail challenges at the Berlin InnoTrans trade fair. BITZER showcased the SPEEDLITE ELV52 scroll compressor, a specially developed solution for electric buses and rail vehicles.
  • November 2021: Schmitz Cargobull, Europe's leading semi-trailer manufacturer, introduced its first product from the U.K. plant – the S. KO PACE SMART. This fully modular dry-freight semi-trailer is designed for U.K. and Irish operators, incorporating market-specific features.
  • June 2021: In a strategic move toward network expansion, Stockhabo acquired Frigologix, a cold storage provider. This acquisition welcomed three new sites in Belgium (Herk de-Stad, Lommel, and Val-de-Meuse), expanding Stockhabo's capacity to 235,000 pallet slots and enhancing potential revenue flow.
  • July 2020: LINEAGE LOGISTICS HOLDING, LLC completed the acquisition of Ontario Refrigerated Services, Inc., establishing its presence in Canada as a major player in refrigerated storage services.

About Us:

Fortune Business Insights is committed to offering a distinctive mix of qualitative and quantitative market research reports to clients around the world. We assist both international and local businesses in enhancing their operations by delivering detailed market insights and the most dependable future trends. Our reports encompass all key market aspects, providing essential insights and forecasts to clients globally.

Email|[email protected]

Key questions are answer in this report:

  • What is the market size of cold chain equipment market 2024?
  • Who are top key players in this report?
  • what are drivers in the cold chain equipment industry?
  • what is the future projection of cold chain equipment industry?
Vikas H