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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R e s e a r c h M e t h o d o l o g y<br />
Secondary <strong>Research</strong>:<br />
We have also put through an exhaustive search of credible paid d<strong>at</strong>abases such as Factiva, Hoovers, etc., in addition <strong>to</strong><br />
our internal d<strong>at</strong>abase. Further analysis of credible public<strong>at</strong>ions, white papers, company’s annual reports, inves<strong>to</strong>r<br />
present<strong>at</strong>ions, news articles, etc., were also analyzed <strong>to</strong> cross valid<strong>at</strong>e the end findings derived from primary research.<br />
S. No. Few of the Secondary Sources<br />
1. Organis<strong>at</strong>ion Intern<strong>at</strong>ionale des Constructeurs d’Au<strong>to</strong>mobiles (OICA)<br />
2. German Associ<strong>at</strong>ion of the Au<strong>to</strong>motive Industry(VDA)<br />
3 Australian Food Cold Chain Council(AFCCC)<br />
4. N<strong>at</strong>ional Associ<strong>at</strong>ion of Mo<strong>to</strong>r Vehicle Manufacturers(ANFAVEA)<br />
5. Italian Union of Au<strong>to</strong>mobile Manufacturers(ANFIA)<br />
6. <strong>Global</strong> Cold Chain Alliance(GCCA)<br />
7. European Au<strong>to</strong>mobile Manufacturers’ Associ<strong>at</strong>ion(ACEA)<br />
8. Intern<strong>at</strong>ional Council On Clean Transport<strong>at</strong>ion(ICCT)<br />
9. Southern African Refriger<strong>at</strong>ed Distribution Associ<strong>at</strong>ion (SARDA)<br />
10. Japan Au<strong>to</strong>mobile Manufacturers Associ<strong>at</strong>ion, Inc.(JAMA)<br />
Forecasting Technique:<br />
The forecast is based on econometric and judgemental analysis in addition <strong>to</strong> st<strong>at</strong>istical techniques such as averaging and<br />
geometric mean. During primary research interview, questions regarding his<strong>to</strong>rical sales trend of reefer truck market<br />
were put forward. Respondents were asked about the current and future growth r<strong>at</strong>es, market share by truck type across<br />
the globe. In order <strong>to</strong> forecast truck market, following forecast techniques were used:<br />
• Time Series Analysis<br />
• Econometric and Judgmental Analysis<br />
• Moving Average<br />
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© <strong>TechSci</strong> <strong>Research</strong>
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