Refrigerated Transport Market - Forecast(2021 - 2026)
Global Refrigerated Transport Market: Overview The market is driven by increasing in globalization, and growing trend of purchasing chilled and frozen products are fueling the demand for refrigerated transport. Growing usage of refrigerated transport is associated with the change in the customer’s living standard along increased popularity of precooked meals. The Department of Energy proclaimed to fund $31 million to advance the H2@Scale concept. The objective of the initiative is to enable reliable and affordable large scale hydrogen generation, storage, transport and utilization in the United States. The global refrigerated transport market valued at $14,800 million in 2018 and the opportunities are projected to grow with compound annual growth rate (CAGR) of 5.50% during the forecast period of 2019-2025. APAC generated the maximum revenue share in the global refrigerated transport market in the year 2018, at 32%. And, the development of the automotive sector in the region is expecte...