Europe Truck Refrigeration Unit Market Size, Share & Trends Analysis Report By Type (Split, and Roof Mount), By Trailer size, By End-user (Food, Pharmaceutical, Chemical Industry, and Others), By Country and Growth Forecast, 2023 - 2030

Europe Truck Refrigeration Unit Market Size, Share & Trends Analysis Report By Type (Split, and Roof Mount), By Trailer size, By End-user (Food, Pharmaceutical, Chemical Industry, and Others), By Country and Growth Forecast, 2023 - 2030


The Europe Truck Refrigeration Unit Market would witness market growth of 5.9% CAGR during the forecast period (2023-2030).

The Germany market dominated the Europe Truck Refrigeration Unit Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,188.9 Million by 2030. The UK market is exhibiting a CAGR of 5% during (2023 - 2030). Additionally, The France market would experience a CAGR of 6.7% during (2023 - 2030).

The food and beverage industry is a cornerstone of the market, representing a vast domain encompassing transporting perishable goods, frozen products, and fresh produce. The growing food and beverage industry translates to an increasing demand for TRU. As per the data from the State Council of the Government of China, the food industry experienced consistent growth in production and sales during the first half of the year 2022.

The retail sales of grain, oil, and food reached 903.18 billion yuan, reflecting a year-on-year increase of 9.9%. Likewise, as per Eurostat, the accommodation and food services sector recorded a value-added of €146.4 billion in the EU in 2020. Refrigeration units significantly contribute to extending the shelf life of perishable goods. By creating an environment that slows down the natural degradation processes, these units allow for a more extended window between production and consumption.

The rise of TRU is directly impacted by the growing demand in the UK food and beverage industry. As per the data from the Government of the United Kingdom, in terms of gross value added (GVA), beverages were the largest manufacturing category with a value of £6.5 billion in 2021. It contributed 21.4% to the total food and drink manufacturing GVA. The other food products category was the second largest, valued at £6.3 billion in the same year, contributing 20.6% to the total food and drink manufacturing GVA. Thus, with Europe's rising chemical and food & beverage sectors, the regional TRU market will expand rapidly.

Based on Type, the market is segmented into Split, and Roof Mount. Based on Trailer size, the market is segmented into Below 20ft, 20-40ft, and Above 40ft. Based on End-user, the market is segmented into Food, Pharmaceutical, Chemical Industry, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled
  • Denso Corporation
  • Webasto Group
  • Klinge Corporation
  • Carrier g Corporation
  • Trane Technologies PLC (Thermo King)
  • Daikin Industries, Ltd.
  • Mitsubishi Heavy Industries Ltd.
  • Subros Limited
  • Arctic Traveler Canada (Advanced Temperature Control)
  • Utility Trailer Manufacturing Company, LLC
Europe Truck Refrigeration Unit Market Report Segmentation

By Type
  • Split
  • Roof Mount
By Trailer size
  • Below 20ft
  • 20-40ft
  • Above 40ft
By End User
  • Food
  • Pharmaceutical
  • Chemical Industry
  • Others
By Country
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe


Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Truck Refrigeration Unit Market, by Type
1.4.2 Europe Truck Refrigeration Unit Market, by Trailer size
1.4.3 Europe Truck Refrigeration Unit Market, by End User
1.4.4 Europe Truck Refrigeration Unit Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Opportunities
3.2.3 Market Restraints
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.2.4 Geographical Expansions
4.3 Top Winning Strategies
4.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2021, Feb – 2024, Feb) Leading Players
4.4 Porter’s Five Forces Analysis
Chapter 5. Europe Truck Refrigeration Unit Market by Type
5.1 Europe Split Market by Country
5.2 Europe Roof Mount Market by Country
Chapter 6. Europe Truck Refrigeration Unit Market by Trailer size
6.1 Europe Below 20ft Market by Country
6.2 Europe 20-40ft Market by Country
6.3 Europe Above 40ft Market by Country
Chapter 7. Europe Truck Refrigeration Unit Market by End-user
7.1 Europe Food Market by Country
7.2 Europe Pharmaceutical Market by Country
7.3 Europe Chemical Industry Market by Country
7.4 Europe Others Market by Country
Chapter 8. Europe Truck Refrigeration Unit Market by Country
8.1 Germany Truck Refrigeration Unit Market
8.1.1 Germany Truck Refrigeration Unit Market by Type
8.1.2 Germany Truck Refrigeration Unit Market by Trailer size
8.1.3 Germany Truck Refrigeration Unit Market by End-user
8.2 UK Truck Refrigeration Unit Market
8.2.1 UK Truck Refrigeration Unit Market by Type
8.2.2 UK Truck Refrigeration Unit Market by Trailer size
8.2.3 UK Truck Refrigeration Unit Market by End-user
8.3 France Truck Refrigeration Unit Market
8.3.1 France Truck Refrigeration Unit Market by Type
8.3.2 France Truck Refrigeration Unit Market by Trailer size
8.3.3 France Truck Refrigeration Unit Market by End-user
8.4 Russia Truck Refrigeration Unit Market
8.4.1 Russia Truck Refrigeration Unit Market by Type
8.4.2 Russia Truck Refrigeration Unit Market by Trailer size
8.4.3 Russia Truck Refrigeration Unit Market by End-user
8.5 Spain Truck Refrigeration Unit Market
8.5.1 Spain Truck Refrigeration Unit Market by Type
8.5.2 Spain Truck Refrigeration Unit Market by Trailer size
8.5.3 Spain Truck Refrigeration Unit Market by End-user
8.6 Italy Truck Refrigeration Unit Market
8.6.1 Italy Truck Refrigeration Unit Market by Type
8.6.2 Italy Truck Refrigeration Unit Market by Trailer size
8.6.3 Italy Truck Refrigeration Unit Market by End-user
8.7 Rest of Europe Truck Refrigeration Unit Market
8.7.1 Rest of Europe Truck Refrigeration Unit Market by Type
8.7.2 Rest of Europe Truck Refrigeration Unit Market by Trailer size
8.7.3 Rest of Europe Truck Refrigeration Unit Market by End-user
Chapter 9. Company Profiles
9.1 Denso Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Regional Analysis
9.1.4 Recent strategies and developments:
9.1.4.1 Product Launches and Product Expansions:
9.1.5 SWOT Analysis
9.2 Webasto Group
9.2.1 Company Overview
9.2.2 Recent strategies and developments:
9.2.2.1 Product Launches and Product Expansions:
9.2.3 SWOT Analysis
9.3 Klinge Corporation
9.3.1 Company Overview
9.4 Carrier Global Corporation
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.5.2 Product Launches and Product Expansions:
9.4.5.3 Geographical Expansions:
9.4.6 SWOT Analysis
9.5 Trane Technologies PLC (Thermo King)
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental Analysis
9.5.4 Research & Development Expenses
9.5.5 Recent strategies and developments:
9.5.5.1 Product Launches and Product Expansions:
9.5.6 SWOT Analysis
9.6 Daikin Industries, Ltd.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Product Launches and Product Expansions:
9.6.5.2 Acquisition and Mergers:
9.6.5.3 Geographical Expansions:
9.6.6 SWOT Analysis
9.7 Mitsubishi Heavy Industries Ltd.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental Analysis
9.7.4 Research & Development Expenses
9.7.5 Recent strategies and developments:
9.7.5.1 Product Launches and Product Expansions:
9.7.6 SWOT Analysis
9.8 Subros Limited
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Research & Development Expenses
9.8.4 SWOT Analysis
9.9 Arctic Traveler Canada (Advanced Temperature Control)
9.9.1 Company Overview
9.9.2 SWOT Analysis
9.10. Utility Trailer Manufacturing Company, LLC
9.10.1 Company Overview

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings