New York, According to a new market research report published by Global Insight Services “Refrigerated Truck Rental Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Refrigerated truck rental is the renting of a truck that has been outfitted with a refrigeration unit. This type of truck is typically used to transport perishable goods, such as food or flowers. Refrigerated truck rental is a popular option for businesses that need to transport temperature-sensitive items but do not have the budget to purchase or maintain their own refrigerated truck.
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Key Trends
There are a few key trends in refrigerated truck rental technology:
1. Increased use of GPS tracking: This allows companies to keep track of their trucks and ensure that they are being used efficiently.
2. More fuel-efficient trucks: This is important for both cost savings and environmental reasons.
3. Improved insulation: This helps to keep the contents of the refrigerated truck cooler for longer periods of time.
4. Better temperature control: This allows companies to transport perishable items without fear of them going bad.
5. Increased safety features: This includes things like backup cameras and sensors, which can help to prevent accidents.
Key Drivers
There are several key drivers of the Refrigerated Truck Rental market. One of the most important drivers is the increasing demand for fresh and frozen foods. With the growing popularity of prepared meals and the convenience of having food delivered to your door, there is a growing demand for refrigerated trucks to transport these items.
Another key driver is the increasing popularity of online grocery shopping. With more and more people opting to do their grocery shopping online, there is a need for refrigerated trucks to transport these items from the warehouse to the customer’s home.
Finally, another key driver of the Refrigerated Truck Rental market is the increasing popularity of food delivery services. With more and more people wanting to have their food delivered to their door, there is a growing demand for refrigerated trucks to transport these items.
Market Segments
The refrigerated truck rental market report is bifurcated based on type, tonnage capacity, application, and region. Based on type, it is segmented into light commercial vehicle, medium commercial vehicle, and heavy commercial vehicle. Based on the tonnage capacity, it is analyzed across less than 10 tons, 10-20 tons, and more than 20 tons. By application, it is categorized into food & beverages, pharmaceuticals, chemicals, and others. Region-wise, it is studied across North America, Europe, Asia-Pacific, and the rest of the World.
Key Players
The refrigerated truck rental market report includes players such as Ryder System , Inc., Fraikin Limited, Penske Corporation, Inc., Petit Forestier, The Hertz Corporation, Polar Leasing, Inc., U-COOL Refrigeration, LLC, ReeferTek USA, Corp., KookMate, and Innocool.
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Reasons to buy Refrigerated Truck Rental Market Report:
• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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