The global truck refrigeration unit market is projected to register a CAGR of 5.4% in the forecast period of 2023 to 2030. The new market report contains data for the historic year 2022, the base year of calculation is 2022, and the forecast period is 2023 to 2030.
Market Segmentation:
Global Truck Refrigeration Unit Market, By Type (Split System and Roof Mount System), Length (< 8-meter, 8-12-meter, and >12-meter), Application (Chilled and Frozen), Power Source (Engine Powered and Independent), Power Capacity (Below 5 kW, 5 kW - 19 kW, and Above 19 kW), Vehicle Type (Light Commercial Vehicles (LCV), Medium & Heavy Commercial Vehicles, Trailer (Container), Bus, and Others), Country (U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Switzerland, Netherlands, Belgium, Russia, Turkey, Rest of Europe, Japan, China, South Korea, India, Australia, New Zealand, Hong Kong, Taiwan, Singapore, Thailand, Indonesia, Malaysia, Philippines, Rest of Asia-Pacific, South Africa, UAE., Saudi Arabia, Kuwait, Rest of the Middle East and Africa, Brazil, Argentina, Venezuela, and Rest of South America) Industry Trends and Forecast to 2030
Some of the major factors contributing to the growth of the market are:
Increasing transportation of perishable goods such as food items and pharmaceuticals
Rising demand for frozen foods by consumers
Market Players
Some of the major players operating in the global truck refrigeration unit market are:
MITSUBISHI HEAVY INDUSTRIES THERMAL SYSTEMS, LTD.,
DAIKIN INDUSTRIES, Ltd.
Carrier
DENSO CORPORATION
Grayson
SANDEN CORPORATION
Mobile Climate Control
Advanced Temperature Control
ZHENGZHOU GUCHEN INDUSTRY CO., LTD.
TRANE TECHNOLOGIES PLC
Subros Limited
Klinge Corporation
Utility Trailer Manufacturing Company
Webasto SE
KRONE
SONGZ AUTOMOBILE AIR CONDITIONING CO., LTD
Kidron
Schmitz Cargobull
TABLE OF CONTENTS
1 INTRODUCTION 64
- 1.1 OBJECTIVES OF THE STUDY 64
- 1.2 MARKET DEFINITION 64
- 1.3 OVERVIEW OF THE GLOBAL TRUCK REFRIGERATION UNIT MARKET 64
- 1.4 CURRENCY AND PRICING 66
- 1.5 LIMITATIONS 66
- 1.6 MARKETS COVERED 66
2 MARKET SEGMENTATION 69
- 2.1 MARKETS COVERED 69
- 2.2 YEARS CONSIDERED FOR THE STUDY 70
- 2.3 GEOGRAPHIC SCOPE 71
- 2.4 DBMR TRIPOD DATA VALIDATION MODEL 72
- 2.5 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 75
- 2.6 DBMR MARKET POSITION GRID 76
- 2.7 VENDOR SHARE ANALYSIS 77
- 2.8 MULTIVARIATE MODELLING 78
- 2.9 TYPE CURVE 78
- 2.10 MARKET APPLICATION GRID 79
- 2.11 THE MARKET CHALLENGE MATRIX BY TYPE 80
- 2.12 SECONDARY SOURCES 81
- 2.13 ASSUMPTIONS 81
3 EXECUTIVE SUMMARY 82
4 PREMIUM INSIGHTS 85
- 4.1 PORTERS FIVE FORCE MODEL 88
- 4.2 TECHNOLOGICAL TRENDS 89
- 4.2.1 NATURAL REFRIGERANTS 89
- 4.2.2 ELECTRIC VEHICLES 89
- 4.2.3 TRAILER-TOP SOLAR 89
- 4.2.4 LIQUID NITROGEN 89
- 4.2.5 SMARTER REEFERS 90
- 4.2.6 ADVANCED THERMAL MATERIALS 90
- 4.3 VALUE CHAIN ANALYSIS 91
- 4.4 NUMBER OF UNITS IN THE MARKET 92
- 4.5 NUMBER OF UNITS BY TRUCK TYPE 93
- 4.6 NUMBER OF UNITS BY PLAYERS 94
- 4.7 NUMBER OF UNITS BY REGION 95
- 4.8 PRODUCT FLOW FROM UNIT SALE TO USER 96
- 4.9 BRAND ANALYSIS 97
- 4.10 ECOSYSTEM MARKET MAP 98
- 4.11 TOP WINNING STRATEGIES 99
5 MARKET OVERVIEW 100
- 5.1 DRIVERS 102
- 5.1.1 INCREASING TRANSPORTATION OF PERISHABLE GOODS SUCH AS FOOD ITEMS, PHARMACEUTICALS 102
- 5.1.2 RISING DEMAND FOR FROZEN FOODS BY CONSUMERS 103
- 5.1.3 INCREASING GROWTH OF SUPERMARKETS AND RESTAURANTS SUCH AS KFC, SUBWAY 103
- 5.2 RESTRAINTS 104
- 5.2.1 HIGH COST ASSOCIATED WITH ENERGY-EFFICIENT AC SYSTEM 104
- 5.2.2 GROWTH IN HEALTH CONCERNS ABOUT THE CONSUMPTION OF FROZEN FRUIT AND VEGETABLES 104
- 5.3 OPPORTUNITIES 105
- 5.3.1 INCREASING INVESTMENT IN THE FOOD SERVICE SECTORS BY COUNTRIES LIKE INDIA AND CHINA 105
- 5.3.2 HUGE DEMAND FOR HYGIENIC FOOD PRODUCTS AND FOOD PACKAGING 106
- 5.4 CHALLENGES 106
- 5.4.1 LACK OF AWARENESS REGARDING THE HAZARDOUS EFFECTS OF FROZEN FOOD 106
- 5.4.2 LACK OF INFRASTRUCTURE 107
6 GLOBAL TRUCK REFRIGERATION UNIT MARKET, BY TYPE 108
- 6.1 OVERVIEW 109
- 6.2 SPLIT SYSTEM 110
- 6.3 ROOF MOUNT SYSTEM 111
7 GLOBAL TRUCK REFRIGERATION UNIT MARKET, BY LENGTH 112
- 7.1 OVERVIEW 113
- 7.2 < 8-METER 114
- 7.3 8-12-METER 115
- 7.4 >12-METER 116
8 GLOBAL TRUCK REFRIGERATION UNIT MARKET, BY APPLICATION 117
- 8.1 OVERVIEW 118
- 8.2 CHILLED 119
- 8.3 FROZEN 120
9 GLOBAL TRUCK REFRIGERATION UNIT MARKET, BY POWER SOURCE 121
- 9.1 OVERVIEW 122
- 9.2 ENGINE POWERED 123
- 9.3 INDEPENDENT 124
10 GLOBAL TRUCK REFRIGERATION UNIT MARKET, BY POWER CAPACITY 125
- 10.1 OVERVIEW 126
- 10.2 BELOW 5 KW 127
- 10.3 5 KW - 19 KW 128
- 10.4 ABOVE 19 KW 129
11 GLOBAL TRUCK REFRIGERATION UNIT MARKET, BY VEHICLE TYPE 130
- 11.1 OVERVIEW 131
- 11.2 LIGHT COMMERCIAL VEHICLES (LCV) 132
- 11.2.1 BY TYPE 133
- 11.2.1.1 SPLIT SYSTEM 133
- 11.2.1.2 ROOF MOUNT SYSTEM 133
- 11.3 MEDIUM & HEAVY COMMERCIAL VEHICLES 134
- 11.3.1 BY TYPE 134
- 11.3.1.1 SPLIT SYSTEM 135
- 11.3.1.2 ROOF MOUNT SYSTEM 135
- 11.4 TRAILER (CONTAINER) 135
- 11.4.1 BY TYPE 136
- 11.4.1.1 SPLIT SYSTEM 136
- 11.4.1.2 ROOF MOUNT SYSTEM 136
- 11.5 BUS 137
- 11.5.1 BY TYPE 137
- 11.5.1.1 SPLIT SYSTEM 138
- 11.5.1.2 ROOF MOUNT SYSTEM 138
- 11.6 OTHERS 138
- 11.6.1 BY TYPE 139
- 11.6.1.1 SPLIT SYSTEM 139
- 11.6.1.2 ROOF MOUNT SYSTEM 139
12 GLOBAL TRUCK REFRIGERATION UNIT MARKET, BY REGION 140
- 12.1 OVERVIEW 141
- 12.2 NORTH AMERICA 146
- 12.2.1 U.S. 155
- 12.2.2 CANADA 160
- 12.2.3 MEXICO 165
- 12.3 ASIA-PACIFIC 170
- 12.3.1 CHINA 180
- 12.3.2 INDIA 185
- 12.3.3 JAPAN 190
- 12.3.4 SOUTH KOREA 195
- 12.3.5 AUSTRALIA 200
- 12.3.6 SINGAPORE 205
- 12.3.7 TAIWAN 210
- 12.3.8 NEW ZEALAND 215
- 12.3.9 THAILAND 220
- 12.3.10 MALAYSIA 225
- 12.3.11 VIETNAM 230
- 12.3.12 PHILIPPINES 235
- 12.3.13 REST OF ASIA-PACIFIC 240
- 12.4 EUROPE 241
- 12.4.1 GERMANY 251
- 12.4.2 U.K. 256
- 12.4.3 FRANCE 261
- 12.4.4 ITALY 266
- 12.4.5 SPAIN 271
- 12.4.6 NETHERLANDS 276
- 12.4.7 NORWAY 281
- 12.4.8 SWEDEN 286
- 12.4.9 AUSTRIA 291
- 12.4.10 HUNGARY 296
- 12.4.11 TURKEY 301
- 12.4.12 FINLAND 306
- 12.4.13 POLAND 311
- 12.4.14 DENMARK 316
- 12.4.15 REST OF EUROPE 321
- 12.5 SOUTH AMERICA 322
- 12.5.1 BRAZIL 331
- 12.5.2 ARGENTINA 336
- 12.5.3 REST OF SOUTH AMERICA 341
- 12.6 MIDDLE EAST AND AFRICA 342
- 12.6.1 U.A.E 352
- 12.6.2 SAUDI ARABIA 357
- 12.6.3 ISRAEL 362
- 12.6.4 QATAR 367
- 12.6.5 KUWAIT 372
- 12.6.6 EGYPT 377
- 12.6.7 SOUTH AFRICA 382
- 12.6.8 BAHRAIN 387
- 12.6.9 OMAN 392
- 12.6.10 REST OF MIDDLE EAST AND AFRICA 397
13 GLOBAL TRUCK REFRIGERATION UNIT MARKET: COMPANY LANDSCAPE 398
- 13.1 COMPANY SHARE ANALYSIS: GLOBAL 398
- 13.2 COMPANY SHARE ANALYSIS: ASIA-PACIFIC 399
- 13.3 COMPANY SHARE ANALYSIS: NORTH AMERICA 400
- 13.4 COMPANY SHARE ANALYSIS: EUROPE 401
14 SWOT ANALYSIS 402
15 COMPANY PROFILE 403
- 15.1 CARRIER 403
- 15.1.1 COMPANY SNAPSHOT 403
- 15.1.2 REVENUE ANALYSIS 403
- 15.1.3 COMPANY SHARE ANALYSIS 404
- 15.1.4 PRODUCT PORTFOLIO 404
- 15.1.5 RECENT DEVELOPMENTS 405
- 15.2 DENSO CORPORATION 406
- 15.2.1 COMPANY SNAPSHOT 406
- 15.2.2 REVENUE ANALYSIS 406
- 15.2.3 COMPANY SHARE ANALYSIS 407
- 15.2.4 PRODUCT PORTFOLIO 407
- 15.2.5 RECENT DEVELOPMENTS 407
- 15.3 MITSUBISHI HEAVY INDUSTRIES THERMAL SYSTEMS, LTD. 408
- 15.3.1 COMPANY SNAPSHOT 408
- 15.3.2 REVENUE ANALYSIS 408
- 15.3.3 COMPANY SHARE ANALYSIS 409
- 15.3.4 PRODUCT PORTFOLIO 409
- 15.3.5 RECENT DEVELOPMENTS 409
- 15.4 DAIKIN INDUSTRIES, LTD. 410
- 15.4.1 COMPANY SNAPSHOT 410
- 15.4.2 REVENUE ANALYSIS 410
- 15.4.3 COMPANY SHARE ANALYSIS 411
- 15.4.4 PRODUCT PORTFOLIO 411
- 15.4.5 RECENT DEVELOPMENTS 412
- 15.5 SCHMITZ CARGOBULL. 413
- 15.5.1 COMPANY SNAPSHOT 413
- 15.5.2 COMPANY SHARE ANALYSIS 413
- 15.5.3 PRODUCT PORTFOLIO 414
- 15.5.4 RECENT DEVELOPMENT 414
- 15.6 ADVANCED TEMPERATURE CONTROL 415
- 15.6.1 COMPANY SNAPSHOT 415
- 15.6.2 PRODUCT PORTFOLIO 415
- 15.6.3 RECENT DEVELOPMENT 415
- 15.7 KRONE 416
- 15.7.1 COMPANY SNAPSHOT 416
- 15.7.2 PRODUCT PORTFOLIO 416
- 15.7.3 RECENT DEVELOPMENTS 416
- 15.8 GRAYSON 417
- 15.8.1 COMPANY SNAPSHOT 417
- 15.8.2 PRODUCT PORTFOLIO 417
- 15.8.3 RECENT DEVELOPMENT 417
- 15.9 KLINGE CORPORATION 418
- 15.9.1 COMPANY SNAPSHOT 418
- 15.9.2 PRODUCT PORTFOLIO 418
- 15.9.3 RECENT DEVELOPMENT 418
- 15.10 KIDRON 419
- 15.10.1 COMPANY SNAPSHOT 419
- 15.10.2 PRODUCT PORTFOLIO 419
- 15.10.3 RECENT DEVELOPMENT 419
- 15.11 MOBILE CLIMATE CONTROL 420
- 15.11.1 COMPANY SNAPSHOT 420
- 15.11.2 PRODUCT PORTFOLIO 420
- 15.11.3 RECENT DEVELOPMENTS 421
- 15.12 SUBROS LIMITED 422
- 15.12.1 COMPANY SNAPSHOT 422
- 15.12.2 REVENUE ANALYSIS 422
- 15.12.3 PRODUCT PORTFOLIO 423
- 15.12.4 RECENT DEVELOPMENT 423
- 15.13 TRANE TECHNOLOGIES PLC 424
- 15.13.1 COMPANY SNAPSHOT 424
- 15.13.2 REVENUE ANALYSIS 424
- 15.13.3 PRODUCT PORTFOLIO 425
- 15.13.4 RECENT DEVELOPMENTS 425
- 15.14 UTILITY TRAILER MANUFACTURING COMPANY 426
- 15.14.1 COMPANY SNAPSHOT 426
- 15.14.2 PRODUCT PORTFOLIO 426
- 15.14.3 RECENT DEVELOPMENT 426
- 15.15 SANDEN CORPORATION 427
- 15.15.1 COMPANY SNAPSHOT 427
- 15.15.2 REVENUE ANALYSIS 427
- 15.15.3 PRODUCT PORTFOLIO 428
- 15.15.4 RECENT DEVELOPMENT 428
- 15.16 SONGZ AUTOMOBILE AIR CONDITIONING CO., LTD 429
- 15.16.1 COMPANY SNAPSHOT 429
- 15.16.2 PRODUCT PORTFOLIO 429
- 15.16.3 RECENT DEVELOPMENT 430
- 15.17 WEBASTO SE 431
- 15.17.1 COMPANY SNAPSHOT 431
- 15.17.2 PRODUCT PORTFOLIO 431
- 15.17.3 RECENT DEVELOPMENTS 431
- 15.18 ZHENGZHOU GUCHEN INDUSTRY CO., LTD., 432
- 15.18.1 COMPANY SNAPSHOT 432
- 15.18.2 PRODUCT PORTFOLIO 432
- 15.18.3 RECENT DEVELOPMENT 433
16 QUESTIONNAIRE 434
17 RELATED REPORTS 437