Global Transport Refrigeration Unit (TRU) Market Growth 2025-2031

The global Transport Refrigeration Unit (TRU) market size is predicted to grow from US$ 1528 million in 2025 to US$ 1918 million in 2031; it is expected to grow at a CAGR of 3.9% from 2025 to 2031.

Transport Refrigeration Units (TRU) is powered by diesel internal combustion engines and are designed to refrigerate or heat perishable goods that are transported in various containers. Significant numbers of these units congregate at distribution centers, truck stops, and other facilities, emitting diesel particulate matter (PM) pollutant emissions, a toxic air contaminant, creating a health risk for those that live nearby.

Transport Refrigeration Unit (TRU) in this report mainly includes road refrigeration unit, instead of rail refrigeration unit and marine refrigeration unit.

Global key players of Transport Refrigeration Unit (TRU) include Thermo King and Carrier, etc. The top two players hold a share over 53%. Europe is the largest market, has a share about 32%. In terms of product type, Truck is the largest segment, occupied for a share of about 71%.

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

This Insight Report provides a comprehensive analysis of the global Transport Refrigeration Unit (TRU) 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 Transport Refrigeration Unit (TRU) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Transport Refrigeration Unit (TRU) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Transport Refrigeration Unit (TRU) 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 Transport Refrigeration Unit (TRU).

This report presents a comprehensive overview, market shares, and growth opportunities of Transport Refrigeration Unit (TRU) market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Truck
Van
Trailer

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 Transport Refrigeration Unit (TRU) market?

What factors are driving Transport Refrigeration Unit (TRU) market growth, globally and by region?

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

How do Transport Refrigeration Unit (TRU) market opportunities vary by end market size?

How does Transport Refrigeration Unit (TRU) break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.