Refrigerated Trailers Market - Global Size, Share, Trend and Analysis to 2021
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- Date Submitted: 11/16/2015 11:11 PM
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Refrigerated Trailers Market - Expansion of Cold Chain Capacities
in Asia Pacific to Drive Demand through 2021
Persistence Market Research
Global Refrigerated Trailers Market
Expected to Reach US$ 7.1 billion by 2021 Persistence Market Research
Persistence Market Research
1
Refrigerated Trailers Market - Expansion of Cold Chain Capacities
in Asia Pacific to Drive Demand through 2021
Persistence Market Research Released New Market Report “Global Market Study on
Refrigerated Trailer: Expansion of Cold Chain Capacities in Asia Pacific to Drive
Demand through 2021”. According to the report, Global refrigerated trailer market was
valued at US$ 5434.9 Mn in 2014 and projected to expand at a CAGR of 4.4% during forecast
period to account for US$ 7171.4 Mn by the end of 2021.
Request Customize Full TOC: http://www.persistencemarketresearch.com/toc/5951
Assessing the various factors driving market growth, the global refrigerated vehicle market
is growing significantly at annual growth rate of 3%–5%. The refrigerated trailer is one of the
prominent segments in this market, which is gaining traction due to the implementation of
various advanced technologies and growing application across various industries
worldwide”. The China market is projected to exhibit the fastest growth over the forecast
period due to the favorable economic environment, low cost of labor and operations and
rapid technological advancements in the country.
From a regional perspective, North America was the largest market for refrigerated trailers,
accounting for approximately 38.5% market volume share in 2014. Western Europe is
projected to contribute second largest volume share to the global refrigerated trailer market
and is projected to expand at a CAGR of 4.8% over the forecast period due to various
technological advancements and imposition of government regulation regarding safe
refrigerated transportation of food.
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in Asia Pacific to Drive Demand through 2021
Persistence Market Research
Global Refrigerated Trailers Market
Expected to Reach US$ 7.1 billion by 2021 Persistence Market Research
Persistence Market Research
1
Refrigerated Trailers Market - Expansion of Cold Chain Capacities
in Asia Pacific to Drive Demand through 2021
Persistence Market Research Released New Market Report “Global Market Study on
Refrigerated Trailer: Expansion of Cold Chain Capacities in Asia Pacific to Drive
Demand through 2021”. According to the report, Global refrigerated trailer market was
valued at US$ 5434.9 Mn in 2014 and projected to expand at a CAGR of 4.4% during forecast
period to account for US$ 7171.4 Mn by the end of 2021.
Request Customize Full TOC: http://www.persistencemarketresearch.com/toc/5951
Assessing the various factors driving market growth, the global refrigerated vehicle market
is growing significantly at annual growth rate of 3%–5%. The refrigerated trailer is one of the
prominent segments in this market, which is gaining traction due to the implementation of
various advanced technologies and growing application across various industries
worldwide”. The China market is projected to exhibit the fastest growth over the forecast
period due to the favorable economic environment, low cost of labor and operations and
rapid technological advancements in the country.
From a regional perspective, North America was the largest market for refrigerated trailers,
accounting for approximately 38.5% market volume share in 2014. Western Europe is
projected to contribute second largest volume share to the global refrigerated trailer market
and is projected to expand at a CAGR of 4.8% over the forecast period due to various
technological advancements and imposition of government regulation regarding safe
refrigerated transportation of food.
Request Sample Report:...