Reports
Sale
Global Truck Refrigeration Unit Market Analysis, Forecast: By Type: Roof Mount System, Split System; By Application: Frozen, Chilled; By Industry Vertical: Frozen Food, Pharma Drugs and Chemical, Ambulance and Passenger Transport; By Bus Length: Less than 8 Metres, Others; By Vehicle Type; Regional Analysis; Competitive Landscape; 2024-2032
Truck Refrigeration Unit Market Trends
As the demand for perishable goods and pharmaceuticals rises, efficient cold-chain logistics become crucial. Truck refrigeration units are adapting to provide superior temperature control, enhanced insulation, and optimized airflow, ensuring cargo integrity during transit.
Moreover, truck refrigeration units are integrating telematics and IoT technologies for real-time monitoring of temperature, location, and performance. This enables fleet managers to optimize routes, uphold cold chain integrity, and enhance overall efficiency.
Truck Refrigeration Unit Market Report Snapshots
Truck Refrigeration Unit Market Size
Truck Refrigeration Unit Market Growth
Truck Refrigeration Unit Market Trends
Truck Refrigeration Unit Market Share
Truck Refrigeration Unit Manufacturers
Truck Refrigeration Unit Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Truck Refrigeration Unit Market Analysis
8.1 Key Industry Highlights
8.2 Global Truck Refrigeration Unit Historical Market (2018-2023)
8.3 Global Truck Refrigeration Unit Market Forecast (2024-2032)
8.4 Global Truck Refrigeration Unit Market by Type
8.4.1 Roof Mount System
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Split System
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Truck Refrigeration Unit Market by Application
8.5.1 Frozen
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Chilled
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Global Truck Refrigeration Unit Market by Industry Vertical
8.6.1 Frozen Food
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Pharma Drugs and Chemical
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Ambulance and Passenger Transport
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.7 Global Truck Refrigeration Unit Market by Bus Length
8.7.1 Less than 8 Metres
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 8 to 12 Metres
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 More than 12 Metres
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.8 Global Truck Refrigeration Unit Market by Vehicle Type
8.8.1 Light Commercial Vehicle (LCV)
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Medium and Heavy Commercial Vehicle (MHCV)
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Trailer (Container)
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.3.2.1 20 Feet Trailer
8.8.3.2.2 40 Feet Trailer
8.8.3.2.3 Others
8.9 Global Truck Refrigeration Unit Market by Region
8.9.1 North America
8.9.1.1 Historical Trend (2018-2023)
8.9.1.2 Forecast Trend (2024-2032)
8.9.2 Europe
8.9.2.1 Historical Trend (2018-2023)
8.9.2.2 Forecast Trend (2024-2032)
8.9.3 Asia Pacific
8.9.3.1 Historical Trend (2018-2023)
8.9.3.2 Forecast Trend (2024-2032)
8.9.4 Latin America
8.9.4.1 Historical Trend (2018-2023)
8.9.4.2 Forecast Trend (2024-2032)
8.9.5 Middle East and Africa
8.9.5.1 Historical Trend (2018-2023)
8.9.5.2 Forecast Trend (2024-2032)
9 North America Truck Refrigeration Unit Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Truck Refrigeration Unit Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Truck Refrigeration Unit Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Truck Refrigeration Unit Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Truck Refrigeration Unit Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Trade Data Analysis (HS Code: 841869)
16.1 Major Importing Countries
16.1.1 By Volume
16.1.2 By Value
16.2 Major Exporting Countries
16.2.1 By Volume
16.2.2 By Value
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Daikin Industries, Ltd.
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 DENSO Corporation
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Thermo King Corporation
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 VBG Group AB
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Carrier Global Corporation
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Mitsubishi Heavy Industries Thermal Systems, Ltd.
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Truck Refrigeration Unit Market: Key Industry Highlights, 2018 and 2032
2. Global Truck Refrigeration Unit Historical Market: Breakup by Type (USD Billion), 2018-2023
3. Global Truck Refrigeration Unit Market Forecast: Breakup by Type (USD Billion), 2024-2032
4. Global Truck Refrigeration Unit Historical Market: Breakup by Application (USD Billion), 2018-2023
5. Global Truck Refrigeration Unit Market Forecast: Breakup by Application (USD Billion), 2024-2032
6. Global Truck Refrigeration Unit Historical Market: Breakup by Industry Vertical (USD Billion), 2018-2023
7. Global Truck Refrigeration Unit Market Forecast: Breakup by Industry Vertical (USD Billion), 2024-2032
8. Global Truck Refrigeration Unit Historical Market: Breakup by Bus Length (USD Billion), 2018-2023
9. Global Truck Refrigeration Unit Market Forecast: Breakup by Bus Length (USD Billion), 2024-2032
10. Global Truck Refrigeration Unit Historical Market: Breakup by Vehicle Type (USD Billion), 2018-2023
11. Global Truck Refrigeration Unit Market Forecast: Breakup by Vehicle Type (USD Billion), 2024-2032
12. Global Truck Refrigeration Unit Historical Market: Breakup by Region (USD Billion), 2018-2023
13. Global Truck Refrigeration Unit Market Forecast: Breakup by Region (USD Billion), 2024-2032
14. North America Truck Refrigeration Unit Historical Market: Breakup by Country (USD Billion), 2018-2023
15. North America Truck Refrigeration Unit Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Europe Truck Refrigeration Unit Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Europe Truck Refrigeration Unit Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Asia Pacific Truck Refrigeration Unit Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Asia Pacific Truck Refrigeration Unit Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Latin America Truck Refrigeration Unit Historical Market: Breakup by Country (USD Billion), 2018-2023
21. Latin America Truck Refrigeration Unit Market Forecast: Breakup by Country (USD Billion), 2024-2032
22. Middle East and Africa Truck Refrigeration Unit Historical Market: Breakup by Country (USD Billion), 2018-2023
23. Middle East and Africa Truck Refrigeration Unit Market Forecast: Breakup by Country (USD Billion), 2024-2032
24. Major Importing Countries by Volume
25. Major Exporting Countries by Volume
26. Major Importing Countries by Value
27. Major Exporting Countries by Value
28. Global Truck Refrigeration Unit Market Structure
Key Questions Answered in the Report
The market is estimated to be valued at USD 13.55 billion in 2023.
The market is projected to grow at a CAGR of 5.2% between 2024 and 2032.
The revenue generated from the truck refrigeration unit market is expected to reach USD 21.43 billion in 2032.
The market is categorised according to the type, which includes roof mount systems and split systems.
The market key players are Daikin Industries, Ltd., DENSO Corporation, Thermo King Corporation, VBG Group AB, Carrier Global Corporation, and Mitsubishi Heavy Industries Thermal Systems, Ltd., among others.
Based on the application, the market is divided into frozen and chilled.
Based on the industry vertical, the market is divided into frozen food, pharma drugs and chemical, and ambulance and passenger transport.
The market is broken down into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
Analyst Review
The global truck refrigeration unit market attained a value of about USD 13.55 billion in 2023, driven by the rising consumer demand for frozen food and fresh vegetables. Aided by the shift in customer preference and exports of perishable goods, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 5.2% to record a value of nearly USD 21.43 billion by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on type, the market is categorised into roof mount system and split system. On the basis of application, the market can be divided frozen and chilled. The market, based on industry verticals, can be classified into frozen food, pharma drugs and chemical, ambulance and passenger transport. Based on bus length, the market is divided into less than 8 metres, 8 to 12 metres, and more than 12 metres. The different vehicle types in the market are light commercial vehicle (LCV), medium and heavy commercial vehicle (MHCV), and trailer (container). The major regional markets for truck refrigeration unit are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market are Daikin Industries, Ltd., DENSO Corporation, Thermo King Corporation, VBG Group AB, Carrier Global Corporation, and Mitsubishi Heavy Industries Thermal Systems, Ltd., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
Purchase Options 10% off
Call us
Purchase Full Report
Datasheet
$ 2199
$1999
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Single User License
$ 3299
$2999
-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Five User License
$ 4399
$3999
-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$ 5499
$4999
-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Why Expert Market Research?
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
NEWSLETTER