Global Refrigerated Truck Refrigeration Units Market Growth 2025-2031

The global Refrigerated Truck Refrigeration Units market size is predicted to grow from US$ 1416 million in 2025 to US$ 1743 million in 2031; it is expected to grow at a CAGR of 3.5% from 2025 to 2031.

The refrigerated truck refrigeration unit is a special closed-type van transport vehicle with a polyurethane thermal insulation compartment for transporting frozen food, dairy products, vegetables and fruits, vaccines and medicines. The refrigeration unit can keep the ambient temperature in the compartment in a range suitable for the quality of the goods, and can keep the goods transported in the compartment in an excellent state in a long-term process.

The global key manufacturers of Refrigerated Truck Refrigeration Units include Thermo King, Carrier, DENSO, Zanotti, Mitsubishi Heavy Industries, Hwasung Thermo, etc. The global top five players had a share approximately 71.5% in terms of revenue. Europe is the largest market, with a share about 35%. In terms of product type, light truck occupy the largest share of the total market, with a share about 60%. For application, Food/Beverages is the largest segment, which has a share about 62%.



LP Information, Inc. (LPI) ' newest research report, the “Refrigerated Truck Refrigeration Units Industry Forecast” looks at past sales and reviews total world Refrigerated Truck Refrigeration Units sales in 2024, providing a comprehensive analysis by region and market sector of projected Refrigerated Truck Refrigeration Units sales for 2025 through 2031. With Refrigerated Truck Refrigeration Units sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Refrigerated Truck Refrigeration Units industry.

This Insight Report provides a comprehensive analysis of the global Refrigerated Truck Refrigeration Units landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Refrigerated Truck Refrigeration Units portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Refrigerated Truck Refrigeration Units market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Refrigerated Truck Refrigeration Units and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Refrigerated Truck Refrigeration Units.

This report presents a comprehensive overview, market shares, and growth opportunities of Refrigerated Truck Refrigeration Units market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

Light trucks

Medium Trucks

Heavy Trucks

Segmentation by Application:

Food/Beverages

Pharmaceuticals/Chemicals

Plants/Flowers

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.

Thermo King

Carrier

DENSO

Zanotti

Mitsubishi Heavy Industries

Hwasung Thermo

Hubbard Products

Kingtec

Dongin Thermo

Schmitz Cargobull

Zhengzhou Kaixue

SONGZ

Xinxiang Huatai

Xiangyang Hanxue

Key Questions Addressed in this Report

What is the 10-year outlook for the global Refrigerated Truck Refrigeration Units market?

What factors are driving Refrigerated Truck Refrigeration Units market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Refrigerated Truck Refrigeration Units market opportunities vary by end market size?

How does Refrigerated Truck Refrigeration Units break out by Type, by Application?

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