The global refrigerated transport market is estimated to be valued at USD 113.4 billion in 2022 and is projected to reach USD 160.7 billion by 2027, recording a CAGR of 7.2% during the forecast period in terms of value.
In recent few years, it has been witnessed that frozen foods have gained a significant popularity among the consumers across major economies in the world owing to high degree of convenience and adaption to busy urban lifestyles. These frozen food meal offers meal flexibility and customers can save their time and money from grocery purchase and cooking time. These market trends are promoting the frozen foods market and in turn it will boost the refrigerated trucks market.
Single temperature trucks are widely used to transport a set of perishable food items which requires a specific temperature point during the transit. The single temperature trucks have gained huge popularity with the increasing number of hypermarkets and supermarkets across the globe.
A eutectic system is suitable for short transportation, where there are regular stops and door openings during distribution; LCVs and MHCVs use it. It consists of hollow tubes, beams, or plates filled with a eutectic solution. This solution stores energy and produces a cooling effect when it is necessary to maintain the refrigerated temperature. As eutectic solutions can store energy, there is no need for fuel or energy to charge the eutectic device at the time of delivery.