Latest published report by fortune business insights titled “Cold Chain Equipment Market Research Report by 2024?. This report provides an in-depth analysis of the cold chain equipment industry, providing information about its current state. It assesses and verifies critical market metrics such as CAGR, gross margin, revenue, pricing, production growth rate, volume, value, market share, and annual growth. This analysis, using both advanced primary and secondary research methods.

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

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Market Overview:

The global cold chain equipment market size was valued at USD 26.30 billion in 2022 and is projected to grow from USD 30.36 billion in 2023 to USD 83.34 billion by 2030, exhibiting a CAGR of 15.5% during the forecast period. North America dominated the cold chain equipment market with a share of 32.92% in 2022.

The purpose of this report is to provide market and strategic insights to help decision-makers make informed investment decisions and identify potential gaps and growth opportunities. The Cold Chain Equipment Market report provides a thorough overview of marketing strategies, allowing leading players to make informed decisions. Report provides depth analysis of cold chain equipment industry this analysis, using both advanced primary and secondary research methods, includes:

  • Company Profiles: Learn about major companies’ markets, production capacity, revenues, market shares, recent innovations, and gross profit margins.
  • Examine market dynamics: including drivers, constraints, opportunities, influencers, challenges, and trends.

Cold Chain Equipment Market Key Players:

  • 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)

Cold Chain Equipment Market Drivers:

  • Growth in Food and Beverage Industry: The increasing demand for perishable food products drives the need for effective cold chain equipment to maintain product freshness and safety.
  • Expansion of Pharmaceutical Sector: The rise in pharmaceutical products requiring controlled temperatures, such as vaccines and biologics, boosts the demand for reliable cold chain solutions.
  • Technological Advancements: Innovations in refrigeration, temperature monitoring, and data analytics enhance the efficiency and reliability of cold chain equipment.
  • Regulatory Compliance: Stringent regulations and standards for maintaining specific temperatures during transportation and storage drive the adoption of advanced cold chain technologies.
  • Increased E-commerce in Perishable Goods: The growth of e-commerce platforms dealing with perishable items necessitates robust cold chain infrastructure to ensure timely and safe delivery.

Reasons to Buy This Report:

This report provides a detailed analysis of the current market status, trends, growth segments, and competitive dynamics in the Cold Chain Equipment Market. It enables businesses to identify opportunities for growth and development while also highlighting potential challenges and risks. By evaluating business segments and product portfolios, the report enables stakeholders to make more informed market strategies and investments.

A thorough understanding of the industry dynamics outlined in the report can significantly improve decision-making and facilitate the development of effective success strategies in the cold chain equipment industry. Overall, this report is an excellent resource for those seeking in-depth information about this rapidly changing industry.

Regional Insights:

  • 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

Key Industry Developments

    • 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.
    • 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.
    • 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.
    • 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.

Table of Content :

      • Introduction
        • Research Scope
        • Market Segmentation
        • Research Methodology
        • Definitions and Assumptions
      • Executive Summary
      • Market Dynamics
        • Cold Chain Equipment 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…!

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