Global Truck Refrigeration Unit Market, By Type (Roof Mounted, Split), By Trailer Size (20 ft, 40 f

Published Date: | Report Code : AT1911435

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The truck refrigeration unit market is projected to register high demand during the forecast period with increasing demand from major end-use industries such as the food, pharmaceuticals, chemical, others during the forecast period. 

Truck refrigeration is used to preserve goods that are temperature sensitive during transportation. The main aim is to stop the heat from entering the refrigerated trailer and to maintain a suitable temperature. Products such as vegetables, fish, fruits, medicines, among others, are transported in refrigerated trucks as they require a specific temperature to sustain and stay fresh.

Segment Analysis:

There are two types of refrigeration in trucks, namely, roof-mounted and split. These kinds of trucks refrigerate to the temperatures of 1.5 to 4° Celsius for cold food and up to -18o Celsius for frozen food.

Due to the increasing demand for fresh products, the market for refrigeration units has witnessed positive growth. Fruits and frozen food such as fishes are transported from a long distance and could take 1-3 days to reach their destination. This factor has also increased its demand in the market. Additionally, there is an increasing demand for refrigerated trucks in the healthcare industry. Stricter government rules for improving the quality of healthcare products are expected to drive market growth. The Asia Pacific region may witness a huge growth in this segment due to the increasing consumption of frozen food and E-commerce usage.    

Key Factors Impacting Market Growth:

  • Increasing demand for refrigerated trucks in the healthcare industry
  • High consumption of frozen foods in the Asia Pacific region
  • Demand for fresh food

Regional Analysis: 

By region, North America, Western Europe, and Asia Pacific are estimated to dominate the truck refrigeration unit market in terms of market demand. North America and Western Europe have been traditional markets for the automotive sector with many global manufacturers headquartered in this region. The automotive sector in these regions has been dynamic in terms of technological developments and product modifications. The demand for lightweight materials, cleaner emissions, and green fuels have been some of the key influencing factors in this region. Also, the market has witnessed steady recovery from recent slowdowns in the past decades. Some of these factors are expected to impact the dynamics of the truck refrigeration unit market in North America and Western Europe during the forecast period. The US, Germany, France, Italy, UK, and Spain have been some of the major economies for the truck refrigeration unit market in the region. 

Asia Pacific is estimated to be the fastest-growing region for the truck refrigeration unit market during the forecast period. This region has been one of the lucrative markets for the automotive sector in the past few decades with strategic investments by global companies in the region. China, Japan, India, and South Korea have been some of the major countries for the truck refrigeration unit market in the Asia Pacific region. The Middle East promises a strong market potential with the growth of the automotive sector in the region. Countries including UAE, Saudi Arabia, Qatar, and Iran have been diversifying the industrial sector to boost the economy in the past few decades. Other regions including Eastern Europe, South America, and Africa are estimated to emerging markets with growing demand during the forecast period.

Companies Covered: 

Daikin, Carrier, Thermo King, Denso Corporation, Mobile Climate Control, Sanden, Webasto, and others…

Market Segmentation:

By Type:

  • Roof-Mounted
  • Split

By Trailer Size:

  • 20 ft
  • 40 ft

By End-use Industry:

  • Food Industry
  • Pharmaceuticals
  • Chemical Industry
  • Others

By Length:

  • <8
  • 8-12
  • >12

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Type
    • By Trailer Size
    • By End-Use industry
    • By Length
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Type
    • By Trailer Size
    • By End-Use industry
    • By Length
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Type
    • By Trailer Size
    • By End-Use industry
    • By Length
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Type
    • By Trailer Size
    • By End-Use industry
    • By Length
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Type
    • By Trailer Size
    • By End-Use industry
    • By Length
  • Rest of the World
    • By Region ( South America, Africa)
    • By Type
    • By Trailer Size
    • By End-Use industry
    • By Length

Reasons To Buy This Report:

  • Market size estimation of the truck refrigeration unit market on a regional and global basis
  • Unique research design for market size estimation and forecast
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  • Broad scope to cover all the possible segments helping every stakeholder in the market

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