The report of global Refrigerated Sea Transportation market By Transport Type (Containerized reefers, Specialized reefers), By Technology (Vapor Compression Systems (Air-Blown Evaporators, Eutectic Devices), Cryogenic Systems (Cryo-Trans Direct (CTD), Cryo-Trans Indirect (CTI), Cryo-Trans Hybrid)), By Application (Chilled Food Products (Milk, Bakery & Confectionery Products, Dairy Products, Beverages, Fresh Fruits & Vegetables), Frozen Food Products (Ice Cream, Frozen Dairy Products, Processed Meat, Fish & Seafood, Bakery Products)), By Temperature (Single-Temperature, Multi-Temperature), and Region (North America, Europe, Middle East & Africa, South America, Asia Pacific) is expected to reach US$ XX Mn. by 2027, at a CAGR of 5.7 % during a forecast period.
Transportation refrigeration systems have lower efficiencies than stationary refrigeration systems due to wide variations in operating conditions and limitations imposed by available space and weight. This is putting tremendous strain on the food industry to reduce the energy usage of refrigerated transport, along with the growing use of refrigerated transport resulting from a wider variety of transported products, home delivery and higher quality standards. Nevertheless, the decrease in energy consumption cannot compromise the temperature regulation of the road transport agency and government.
The Asia-Pacific market is expected to grow at a faster rate in terms of volume as high population growth and increasing seaway transport. North American refrigerated sea transport demand is growing due to a good amount of capital spending on food items. European and South American markets are expected to grow at a steady rate. Most of the transportation services are offering refrigerated container services to sustain in the future markets.
Key players operating in the Global Refrigerated Sea Transportation Market are, CMA CGM S.A., Seatrade Reefer Chartering, Maersk Line, NYK Line, China Shipping Container Lines, Africa Express Line, Geest Line, Green Reefers Group, APL, Klinge Group, Kyowa Shipping, Hanjin Shipping, Maestro Reefers, Hamburg Sud, Orient Overseas Container Line, FSC Frigoship Chartering, K Line Logistics, Mediterranean Shipping Company, SeaCube Container Leasing, BLPL, STAR Reefers, Mitsui O.S.K. Lines, KMTC, Yang Ming Marine Transport, Hapag-Lloyd, ZIM Integrated Shipping Services, Compania Sudamericana de Vapores, United Arab Shipping.
Maximize Market Research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the Global Refrigerated Sea Transportation Market. The report encompasses the market by different segments and regions, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics and future opportunities that might exist in the Global Refrigerated Sea Transportation Market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors has been taken into consideration for enhancing market know-how of our clients and at the same time explains Global Refrigerated Sea Transportation Market positioning of competitors.
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