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Global Reefer Truck Market to Grow at 9% until 2023 | TechSci Research

Global reefer truck market stood at around USD 7 billion in 2017 and is forecast to grow at a CAGR of over 9% to reach $ 11.6 billion by 2023.

Global reefer truck market stood at around USD 7 billion in 2017 and is forecast to grow at a CAGR of over 9% to reach $ 11.6 billion by 2023.

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P r o d u c t O v e r v i e w<br />

Product Definition<br />

“A reefer truck is a refriger<strong>at</strong>ed trailer <strong>at</strong>tached <strong>to</strong> a semi-truck in order <strong>to</strong> transport perishable<br />

and other temper<strong>at</strong>ure-sensitive goods. Temper<strong>at</strong>ure control oper<strong>at</strong>ion for these kind of trucks<br />

are being managed by different methods which includes diesel powered genera<strong>to</strong>rs and<br />

Cryogenic Cooling. The L&MCV reefer truck majorly comes between 3.5 -16 <strong>to</strong>ns and HCV reefer<br />

truck comes up <strong>to</strong> 30 <strong>to</strong>ns capacity. Usually, length of reefer trucks vary between 28 and 53<br />

feet, and do not exceed 13.5 feet in height.”<br />

Product Classific<strong>at</strong>ion<br />

Segment Tonnage Capacity (Tons) Applic<strong>at</strong>ion<br />

<strong>Reefer</strong> <strong>Truck</strong><br />

• L&MCV (3.5-16 <strong>to</strong>ns)<br />

• HCV (16-Above 30 <strong>to</strong>ns)<br />

• Me<strong>at</strong> & Fish<br />

• Grocery<br />

• Dairy Product<br />

• Others<br />

25<br />

© <strong>TechSci</strong> <strong>Research</strong>

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