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