India Refrigerated Trucks Market Research and Forecast Report 2023-2028

1. India Refrigerated Trucks Market Research and Forecast Report 2023-2028 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description India Refrigerated Trucks Market Research Report: The latest report by IMARC, titled “India Refrigerated Trucks Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” the India refrigerated trucks market size reached INR 5.4 Billion in 2022. Refrigerated trucks, also known as reefers, are enclosed vehicles designed to transport perishable goods over long distances at controlled temperatures. These vehicles are equipped with refrigeration units and facilitate multiple temperature zones to maintain a controlled temperature within the cargo compartment. The cooling system is generally powered by diesel engines, generators, or external power sources. Their flexible temperature settings enable them to operate over long distances, thereby allowing more exhaustive goods distribution across the country or internationally. Due to the added refrigeration equipment, these trucks are typically larger than their non-refrigerated counterparts. Some of the advantages of refrigerated trucks include reduced waste and spoilage of perishable goods during transportation, provide flexibility in temperature ranges depending on the cargo type, and can increase shelf life of perishable goods. As a result, they are commonly used for transporting a wide range of temperature-sensitive perishable products, including fresh produce, meat, dairy products, frozen foods, and pharmaceuticals. Request market/requestsample Free Sample Report: https://www.imarcgroup.com/india-refrigerated-trucks-

4. Report Description and Highlights Report Description India Refrigerated Trucks Market Trends: The market in India is majorly driven by the rapid expansion of cold chain logistics sector across the country. This can be attributed to the growing demand for high-quality perishable food products, along with the increasing number of food retail services. In line with this, the shifting consumer preference toward ready-to-eat (RTE), frozen, chilled, and processed food products due to the increasingly hectic work schedules and sedentary lifestyles led by the masses is providing an impetus to the market. Additionally, considerable growth in the healthcare industry, along with the increasing need for secure transportation of temperature-sensitive commodities, such as vaccines, clinical trial materials, drugs and biopharmaceuticals, is also impacting the market positively. The market is further fueled by rising investments in the development of cutting-edge medical facilities and research laboratories facilitating the conservation of heat-sensitive biological substances. Stringent government regulations requiring transportation of perishable goods to comply with specific temperature standards are further augmenting the demand for refrigerated trucks. The rise in international trade leading to an increase in the transportation of perishable goods across long distances is also acting as a significant growth-induing factor for the market. Furthermore, continual technological advancements in refrigeration technology, such as the advent of more efficient and cost-effective refrigeration systems, are creating a positive market outlook. Some of the other factors contributing to the market include rapid urbanization, inflating disposable income levels, rising medical expenditure and extensive research and development (R&D) activities. On account of the aforementioned factors, the market is anticipated to reach a value of INR 14.7 Billion by 2028, exhibiting a CAGR of 18.1% during 2023-2028. Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).

5. Report Description and Highlights Report Description Market Summary: Breakup by Vehicle Capacity GVW: • 02 – 4.5 Tons • 7 – 7.5 Tons • 11-12 Tons • 18.5 Tons • 28.5 Tons • 35 Tons Breakup by Sector: • Organized Sector • Unorganized Sector Breakup by Body Type: • Fully Built • Customizable Breakup by Application: • Meat and Fish

6. Report Description and Highlights Report Description • Dairy Products • Fruits & Vegetables • Confectionaries • Pharmaceutical • Others Breakup by Region: • North India • West and Central India • South India • East India

7. Report Description and Highlights Report Description Competitive Landscape with Key Players: • • • • • • • • • • Carrier Airconditioning & Refrigeration Limited (Carrier Global Corporation) Ice Make Refrigeration Limited JCBL Limited KOLD SEAL Motherson Sumi System Ltd Subros Limited Surin International Private Limited Tata Motors Limited Trane Technologies India Pvt Ltd TransACNR View Full Report with TOC & List of Figure: https://www.imarcgroup.com/india-refrigerated-trucks- market

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10. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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