Artificial Intelligence
Global Refrigerated Goods Trucking Market to 2030 – Featuring Prime, Stevens Transport and Knight-Swift Transportation Holdings Among Others
Dublin, March 25, 2022 (GLOBE NEWSWIRE) — The “Refrigerated Goods Trucking Global Market Opportunities And Strategies To 2030, By Vehicle Type, Temperature, Application” report has been added to ResearchAndMarkets.com’s offering.
This report provides strategists; marketers and senior management with the critical information they need to assess the global refrigerated goods trucking market as it emerges from the COVID 19 shut down.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 12 geographies.
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- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market research findings.
- Benchmark performance against key competitors.
- Utilize the relationships between key data sets for superior strategizing.
- Suitable for supporting your internal and external presentations with reliable high-quality data and analysis.
This report describes and evaluates the global refrigerated goods trucking market. It covers three five years’ period, including, 2015 to 2020, termed the historic period, 2020 – 2025 forecast period and 2025 -2030 the forecast period.
The global refrigerated goods trucking market is expected to grow from $ 46,204.3 million in 2015 to $ 55,939.5 million in 2020 at a growth rate of 3.9%. The market is expected to grow at a CAGR of 4.3% from 2020 to reach $ 69,131.6 million in 2025. The global refrigerated goods trucking market is expected to reach $ 80,618.3 million in 2030, at a CAGR of 3.1%.
Growth in the historic period resulted from increasing demand for perishable foods, strong economic growth in emerging markets, low oil prices and taxation. Factors that negatively affected growth in the historic period were stringent regulations and political uncertainties. Going forward, growth in the forecast period resulted from increase in food export, technological advances, growth in organic foods, rapid urbanization and increasing demand from healthcare industry. Factors that could hinder the growth of the refrigerated goods trucking market in the future include fuel price volatility, coronavirus pandemic and skilled workforce shortage.
The refrigerated goods trucking market is segmented by vehicle type into light commercial vehicles, medium commercial vehicles, and heavy commercial vehicles. The light commercial vehicles market was the largest segment of the refrigerated goods trucking market segmented by vehicle type, accounting for 41.0% of the total in 2020 and is expected to be the fastest growing segment going forward, at a CAGR of 4.4% during 2020-2025.
The refrigerated goods trucking market is segmented by temperature into single temperature and multi-temperature. The single temperature market was the largest segment of the refrigerated goods trucking market segmented by temperature, accounting for 64.0% of the total in 2020 and is expected to be the fastest growing segment going forward, at a CAGR of 4.4% during 2020-2025.
The refrigerated goods trucking market is segmented by application into other food products, poultry, meat, and seafood, dairy and beverages, bakery and confectionery, pharmaceutical and others. The poultry, meat, and seafood market was the largest segment of the refrigerated goods trucking market segmented by application, accounting for 34.1% of the total in 2020. Dairy and beverages is expected to be the fastest growing segment going forward, at a CAGR of 4.6% during 2020-2025.
North America was the largest region in the global refrigerated goods trucking market, accounting for 30.8% of the total in 2020. It was followed by Western Europe, Asia Pacific, Eastern Europe and then the other regions. Going forward, the fastest-growing regions in the refrigerated goods trucking market will be Eastern Europe, Africa where growth will be at CAGRs of 6.93% and 4.52% respectively. These will be followed by Middle East, North America where the markets are expected to grow at CAGRs of 4.50% and 4.39% respectively, during 2020-2025.
The global refrigerated goods trucking market is highly fragmented, with large number of small players in the market. The top ten competitors in the market made up to 6.24% of the total market in 2020. Major players in the market include Prime Inc, Stevens Transport, Knight-Swift Transportation Holdings Inc., C.R. England and Marten Transport Ltd.
The top opportunities in the refrigerated goods trucking market segmented by vehicle type will arise in the light commercial vehicles segment, which will gain $ 5,454.2 million of global annual sales by 2025. The top opportunities in the refrigerated goods trucking market segmented by temperature will arise in the single temperature segment, which will gain $8,581.1 million of global annual sales by 2025. The top opportunities in the refrigerated goods trucking market segmented by application will arise in the poultry, meat, and seafood, which will gain $ 4,462.7 million of global annual sales by 2025. The refrigerated goods trucking market size will gain the most in the USA at $ 3,418.4 million.
Market-trend-based strategies for the refrigerated goods trucking market include adopting connected trucking, investments in technological innovations, advanced robots for picking, loading, unloading, and packing of shipments, collision mitigation systems for safer travel, demand pricing strategy to make better use of assets and handle capacities, big data and artificial intelligence. Player-adopted strategies in the refrigerated goods trucking market include expanding manufacturing facilities, enhancing transportation services, improving sustainability, improving safety standards and reducing costs.
To take advantage of the opportunities, the publisher recommends the refrigerated goods trucking companies to increase the use of lightweight trailers, incorporate telematics in trailers, focus on adopting collision mitigation systems, expand in emerging markets, offer competitive pricing in low-income countries, leverage social media to maximize reach, increase visibility through a high-performance website, and partnerships with end-users.
Key Topics Covered:
1. Refrigerated Goods Trucking Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
6. Introduction
6.1. Segmentation By Geography
6.2. Segmentation By Vehicle Type
6.3. Segmentation By Temperature
6.4. Segmentation By Application
7. Refrigerated Goods Trucking Market Characteristics
7.1. Market Definition
7.2. Market Segmentation By Vehicle Type
7.2.1. Light Commercial Vehicle
7.2.2. Medium Commercial Vehicles
7.2.3. Heavy Commercial Vehicles
7.3. Market Segmentation By Temperature
7.3.1. Single Temperature
7.3.2. Multi-Temperature
7.4. Market Segmentation By Application
7.4.1. Other Food Products
7.4.2. Poultry, Meat, and Seafood
7.4.3. Dairy and Beverages
7.4.4. Bakery And Confectionery
7.4.5. Pharmaceutical
7.4.6. Others
8. Refrigerated Goods Trucking Market Trends And Strategies
8.1. Growth Of Connected Trucking
8.2. Increasing Investments In Technological Innovations
8.3. Use Of Robots
8.4. Collision Mitigation Systems To Prevent Loss Of Lives
8.5. Demand-Driven Pricing
8.6. Big Data and Artificial Intelligence in Refrigerated Goods Trucking
9. COVID-19 Impact On Refrigerated Goods Trucking Market
9.1. Increase In Cold Chain Warehousing Capacity
9.2. Increase In Prices Of Refrigerated Food
9.3. Decrease In Demand
9.4. Future Outlook
10. Global Refrigerated Goods Trucking Market Size And Growth
10.1. Market Size
10.2. Historic Market Growth, 2015 – 2020, Value ($ Million)
10.2.1. Drivers Of The Market 2015 – 2020
10.2.2. Restraints On The Market 2015 – 2020
10.3. Forecast Market Growth, 2020 – 2025, 2030F Value ($ Million)
10.3.1. Drivers Of The Market 2020 – 2025
10.3.2. Restraints On The Market 2020 – 2025
11. Global Refrigerated Goods Trucking Market Segmentation
11.1. Global Refrigerated Goods Trucking Market, Segmentation By Vehicle Type, Historic And Forecast, 2015 – 2020, 2025F, 2030F, Value ($ Million)
11.1.1. Light Commercial Vehicles
11.1.2. Medium Commercial Vehicles
11.1.3. Heavy Commercial Vehicles
11.2. Global Refrigerated Goods Trucking Market, Segmentation By Temperature, Historic And Forecast, 2015 – 2020, 2025F, 2030F, Value ($ Million)
11.2.1. Single Temperature
11.2.2. Multi-Temperature
11.3. Global Refrigerated Goods Trucking Market, Segmentation By Application, Historic And Forecast, 2015 – 2020, 2025F, 2030F, Value ($ Million)
11.3.1. Poultry, Meat, and Seafood
11.3.2. Dairy and Beverages
11.3.3. Pharmaceutical
11.3.4. Bakery And Confectionery
11.3.5. Other Food Products
11.3.6. Others
12. Refrigerated Goods Trucking Market, Regional And Country Analysis
12.1. Global Refrigerated Goods Trucking Market, By Region, Historic and Forecast, 2015 – 2020, 2025F, 2030F, Value ($ Million)
12.1.1. North America
12.1.2. Western Europe
12.1.3. Africa
12.2. Global Refrigerated Goods Trucking Market, By Country, Historic and Forecast, 2015 – 2020, 2025F, 2030F, Value ($ Million)
12.2.1. USA
12.2.2. China
For more information about this report visit https://www.researchandmarkets.com/r/4u5z4h
Attachment
Artificial Intelligence
YES Delivers Multiple VeroTherm Formic Acid Reflow Systems To Leading Semiconductor Device Customers
FREMONT, Calif., June 26, 2024 /PRNewswire/ — YES (Yield Engineering Systems, Inc.), a leading manufacturer of process equipment for semiconductor advanced packaging applications, today announced that it has delivered multiple VeroTherm Formic Acid Reflow (FAR) systems to leading logic and memory customers. This system will be utilized to enable 3D stacking of memory and logic chips required to support the growth of high-performance AI accelerators driven by large language model (LLM) applications.
The VeroTherm FAR system is designed to provide solutions for achieving sub 10-micron micro-bump structures with fluxless solder and mass reflow processes. This system enables superior quality and total cost of ownership (CoO) particularly for the manufacturing of advanced packaging architectures such stacked logic and high bandwidth memory (HBM) that are an integral part of the AI accelerators currently being launched in the market.
“The VeroTherm offers unique single wafer chamber design with flexibility to improve reflow quality and addresses challenges associated with reduced bump pitches. YES has demonstrated superior reflow results with no bump cracking defects observed at sub-30 micron pitch and no collapsed bumps with pitches down to 12um. YES proprietary process also results in defect-free solder reflow resulting in high throughput and low CoO. These results can extend bump-based mass reflow technology to sub-10um pitch,” said Alex Chow, SVP Global Sales at YES. “These orders are an important milestone for YES as it is a validation of our efforts to serve the multiple market segments,” Chow added.
According to Saket Chadda, SVP and GM, Dry Business Unit at YES, “Our Verotherm FAR wafer product line offers vacuum based single wafer processing with unique capabilities of performing the task of removing oxides and reflowing solder into excellent bump shapes without defects found in older atmospheric pressure systems. It eliminates SnAg agglomerate defects and rough surfaces while minimizing inter-metallic compound zones with extendibility down to sub-10um micron pitches.”
About YES
YES (Yield Engineering Systems, Inc.) is a leading manufacturer of high-tech, cost-effective equipment for transforming surfaces, materials and interfaces. The company’s product lines include vacuum cure ovens, chemical vapor deposition (CVD) systems, and plasma etching tools used for precise surface modification and thin-film coating of semiconductor wafers, semiconductor and MEMS devices, and biodevices. With YES, customers ranging from startups to Fortune 100 companies can create and volume-produce products in a wide range of markets, including Advanced Packaging, MEMS, Augmented Reality/Virtual Reality and Life Sciences. YES is headquartered in Fremont, California, with a growing global presence. For more information, please visit www.yieldengineering.com.
Media Contact
Alex ChowSVP Business Development & Mktg / Asia PresidentYES (Yield Engineering Systems, Inc.)+886-926136155 [email protected]
Logo – https://mma.prnewswire.com/media/2357724/YES_TM_logo_RGBv2_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/yes-delivers-multiple-verotherm-formic-acid-reflow-systems-to-leading-semiconductor-device-customers-302182191.html
Artificial Intelligence
Amagi Strengthens its European Presence With the Inauguration of a New Office in Poland
Amagi to Develop Flagship LIVE Products at Central European Innovation Center
ŁÓDŹ, Poland, June 26, 2024 /PRNewswire/ — Amagi, a leading global provider of cloud-based SaaS technology for broadcast and Connected TV (CTV), is focusing on engaging with the vibrant young technology talent in Poland as it inaugurates a new office in the bustling center of Łódź. This move underlines Amagi’s dedication to harnessing the exceptional technology skills found in Poland, aiming to shape the future of global media and entertainment.
Poland has strategically positioned itself as a magnet for tech innovation. Its robust educational system produces engineering, computer science, and other tech-related graduates. This abundance of skilled professionals and a supportive environment make Poland a prime location for companies looking to tap into the global tech scene.
“The inauguration of this innovation center in Central Europe marks a key milestone in Amagi’s journey,” says Baskar Subramanian, Co-Founder and CEO of Amagi. “This center will provide a platform for Polish technology professionals to serve our global customers, underscoring Amagi’s strategic vision of being a frontrunner in the cloud-based live broadcast technology domain.”
“The entry of Amagi into our market is a significant event for our technology sector,” says Adam Pustelnik, First Deputy Mayor of the City of Łódź. “This industry is growing rapidly and constantly needs new solutions, specialists, and a specific talent pool. We are delighted to collaborate with such an innovative company and support the development of our City together. I believe that Amagi, as a strong global brand, will help strengthen Łódź’s position in the global media technology market.”
In 2023, Amagi expanded its global footprint by acquiring Tellyo, a Polish company specializing in broadcast technology solutions. This strategic move marked Amagi’s initial foray into the Polish market and proved to be a significant growth catalyst for the company. The talented Polish development teams are now at the forefront of several of Amagi’s industry-leading products, including Tellyo STUDIO, a platform designed to streamline live content production and delivery, and Tellyo PRO, a suite of tools tailored explicitly for high-pressure live broadcast environments like elections and significant sporting events, such as the Olympics.
“At Amagi, we’re driven by four core values that empower everyone in our ecosystem, from employees to customers, to thrive and reach their full potential truly,” says Prasad Menon, Chief People Officer at Amagi. “Our Polish team perfectly embodies this philosophy. Their exceptional talent, dedication, and deep understanding of technology fuel the development of our industry-leading solutions. Their ability to deliver cutting-edge products like Tellyo Studio and Tellyo Pro ensures Amagi continues to meet the ever-changing needs of the global media landscape.”
Amagi has significantly increased its customer base in the European region. It now delivers services to large media and entertainment industry players like DAZN, Grupa Polsat-Interia, and many more. Amagi also delivers linear channels in over 40 countries worldwide, with a strong presence in the American market. Its global client list includes ABS-CBN, AccuWeather, A+E Networks UK, Cineverse, and more.
About Amagi
Amagi is a next-generation media technology company that provides cloud broadcast and targeted advertising solutions to broadcast TV and streaming TV platforms. Amagi enables content owners to launch, distribute, and monetize live linear channels on Free Ad-supported Streaming TV and video services platforms. Amagi also offers 24×7 cloud-managed services bringing simplicity, advanced automation, and transparency to the entire broadcast operations. Overall, Amagi supports 800+ content brands, 800+ playout chains, and over 3800+ channel deliveries on its platform in over 150 countries. Amagi has a presence in New York, Los Angeles, London, Paris, Melbourne, Seoul, Singapore, and broadcast operations in New Delhi, and innovation centers in Bangalore, Zagreb, and Łódź.
About Invest in Łódź
Our Bureau supports investors & businesses by being an integrator of diverse entities around the City and its offerings and facilitating relations among stakeholders. Moreover we provide services and tools that create value for future investors and stakeholders and promote the business brand of the City.
Link to Word Doc: www.wallstcom.com/Amagi/240625-Amagi-Poland.docx
Link to Polish Translation: www.wallstcom.com/Amagi/240625-Amagi-Poland-Po.docx
Photo Link: www.wallstcom.com/Amagi/Poland_Office.jpg
Photo Caption: Deputy Mayor of the City of Łódź, Adam Pustelnik, Prasad Menon, Chief People Officer at Amagi, Mariusz OstojaSwierczynski, Senior Director of Engineering at Amagi, and Jakub Majkowski, Founder and COO of Tellyo, at the inauguration of the new innovation center in Łódź.
Amagi Contact:
Aashish Washikar
Director – Corporate Communications
Email: [email protected]
Phone : +91 9533390005
Photo – https://mma.prnewswire.com/media/2447827/Amagi_New_Office.jpg
View original content:https://www.prnewswire.co.uk/news-releases/amagi-strengthens-its-european-presence-with-the-inauguration-of-a-new-office-in-poland-302182268.html
Artificial Intelligence
Synechron to acquire Adelaide-headquartered companies Chamonix IT and Exposé to grow its digital transformation, engineering, AI, and data and analytics capabilities in Australia
This acquisition extends Synechron’s reach across the country, establishing a presence in key hubs and unlocking new industries and clients.
SYDNEY and NEW YORK and LONDON and PUNE, India, June 26, 2024 /PRNewswire/ — Synechron, a global leader in digital transformation consulting for the financial and technology sectors, is proud to announce that it has executed a definitive agreement for the acquisition of Chamonix IT Management Consulting Pty Ltd and Exposé Data Pty Ltd. Both companies are headquartered in Adelaide, Australia, with additional operations in Melbourne and Brisbane and share a common goal of delivering digital transformation, artificial intelligence, and analytics expertise to clients across several key industries including government, healthcare, utilities, energy, and education. The definitive agreement with respect to the acquisition was signed on Tuesday, 25 June, 2024, and is subject to customary closing conditions, including approval by the Australian Foreign Investment Review Board (FIRB).
Chamonix IT, established in 2010, is the leading provider of digital transformation services to organizations in South Australia. With a skilled team of approximately 150 professionals, Chamonix IT has been pivotal in delivering cutting-edge solutions that address complex challenges and drive significant outcomes for enterprise-level and public sector clients. Chamonix IT’s founders established Exposé as a new company in 2016 to bring the same level of expertise, this time focused specifically on data science and engineering, data modelling and visualization, and artificial intelligence. Among the fastest-growing IT organizations in Australia, Exposé currently has a team of approximately 50 people across the country.
The two organizations will join Synechron’s core digital transformation consulting business alongside recently acquired iGreenData, which expanded Synechron’s data and blockchain expertise in the financial services sector. With these additions, Synechron has effectively doubled its presence in the country, achieving coverage across major sectors. This strategic positioning allows the company to capitalize on the growing information technology (IT) investment in Australia encompassing SaaS, IT services, and analytics, while simultaneously enhancing its ability to offer support and solutions across Asia, the Americas, and Europe.
Faisal Husain, Synechron Co-founder and CEO, commented, “We look forward to welcoming Chamonix IT and Exposé into the Synechron family when the acquisition is completed. They will enrich our presence in Australia, bringing fresh expertise and capabilities that complement our ongoing commitment in the region. This move will enhance our service offerings and drive significant value, strengthening our strategy of continuous innovation and client-focused solutions.”
Scott Grigg, CEO of Chamonix IT, said, “Joining forces with Synechron is a significant milestone for us. Our shared dedication to excellence and innovation means we’re exceptionally positioned to offer transformative digital solutions that are second to none.”
Kelly Drewett, CEO of Exposé, added, “Becoming part of the Synechron family represents a massive opportunity. It accelerates our ability to innovate and empowers our employees to take on even more complex challenges on behalf of our clients.”
Technology Holdings acted as the financial advisor to Chamonix IT and Exposé on the transaction.
About Synechron:
At Synechron, we believe in the power of digital to transform businesses for the better. Our global consulting firm combines creativity and innovative technology to deliver industry-leading digital solutions. Synechron’s progressive technologies and optimization strategies span end-to-end Artificial Intelligence, Consulting, Digital, Cloud & DevOps, Data, and Software Engineering, servicing an array of noteworthy financial services and technology firms. Through research and development initiatives in our FinLabs we develop solutions for modernization, from Artificial Intelligence and Blockchain to Data Science models, Digital Underwriting, mobile-first applications and more. Over the last 20+ years, our company has been honored with multiple employer awards, recognizing our commitment to our talented teams. With top clients to boast about, Synechron has a global workforce of 14,000+, and has 55 offices in 20 countries within key global markets. For more information on the company, please visit our website or LinkedIn community.
About Chamonix IT:
Chamonix IT empowers businesses to excel through transformative IT services. Serving both enterprise and government organizations, Chamonix IT delivers tailored solutions that ensure long-term success. Chamonix IT’s expertise spans Advisory, Cloud & Infrastructure, Application Innovation, Security, and Managed Services, enabling businesses to remain competitive and innovative in an ever-evolving landscape. By embracing an adaptable and flexible approach, Chamonix IT helps organizations navigate the complexities of digital transformation to propel their business forward.
About Exposé:
Exposé is a leading data analytics and AI consulting firm delivering data-driven insights and business-focused outcomes to private and public sector clients across Australia. Exposé’s approach is designed to give its clients the quickest and most cost-effective path to tackle data and AI opportunities through best practice. Clients benefit from Exposé’s significant experience, research and development, and innovation, which is at the core of what we do and the values we uphold. Founded in 2016, Exposé is now the largest data analytics and AI business in South Australia and one of only a few female-led technology businesses in the region.
For more information please contact:
Rashmi Joshi,[email protected] [email protected]
OR
Zoe Forbes-Pyfrom (+44) 7718 [email protected]
Logo: https://mma.prnewswire.com/media/1943591/Synechron_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/synechron-to-acquire-adelaide-headquartered-companies-chamonix-it-and-expose-to-grow-its-digital-transformation-engineering-ai-and-data-and-analytics-capabilities-in-australia-302181486.html
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