| Product Code: ETC13228328 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Truck Refrigeration Unit Market was valued at USD 13.9 Billion in 2024 and is expected to reach USD 21.7 Billion by 2031, growing at a compound annual growth rate of 9.45% during the forecast period (2025-2031).
The Global Truck Refrigeration Unit Market is experiencing steady growth driven by the expanding cold chain logistics industry, increasing demand for temperature-sensitive goods transportation, and stringent regulations regarding food safety. The market is characterized by a rising adoption of advanced technologies such as electric and hybrid refrigeration units to reduce emissions and operating costs. Key players in the market are focusing on product innovation, strategic partnerships, and geographical expansion to gain a competitive edge. North America and Europe are significant markets due to the presence of established transportation and logistics infrastructure. Asia-Pacific is expected to witness rapid growth attributed to the growing food and pharmaceutical industries. Overall, the Global Truck Refrigeration Unit Market is poised for continuous expansion, driven by the increasing need for efficient and sustainable cold chain solutions.
The Global Truck Refrigeration Unit Market is witnessing several key trends and opportunities. One prominent trend is the increasing demand for fresh and frozen food transportation, driven by the growth of e-commerce and the need for efficient cold chain logistics. Technological advancements in truck refrigeration units, such as the development of environmentally friendly refrigerants and energy-efficient systems, are also shaping the market. Additionally, the rise of electric and hybrid refrigeration units presents opportunities for manufacturers to meet the growing sustainability requirements of the industry. With the increasing focus on food safety and quality during transportation, there is a strong demand for advanced temperature control and monitoring systems in truck refrigeration units. Overall, the market is poised for growth as companies seek innovative solutions to meet the evolving needs of the transportation and logistics sector.
The Global Truck Refrigeration Unit Market faces several challenges, including increasing regulations on emissions and environmental sustainability, which are driving manufacturers to develop more efficient and eco-friendly units. Another challenge is the rising fuel costs, leading to the need for refrigeration units that are not only efficient but also cost-effective to operate. Additionally, the market is witnessing growing competition from alternative refrigeration technologies, such as electric and cryogenic systems, which are posing a threat to traditional diesel-powered units. Moreover, the complexity of logistics and supply chain management in the global transportation industry presents a challenge in ensuring the seamless integration and operation of truck refrigeration units across different regions and markets.
The Global Truck Refrigeration Unit Market is primarily driven by the increasing demand for temperature-controlled transportation of perishable goods such as food and pharmaceuticals. With the growth of the food and beverage industry and expanding international trade, there is a rising need for reliable refrigeration solutions to maintain the quality and freshness of products during transit. Additionally, stringent regulations regarding food safety and hygiene standards are pushing companies to invest in advanced refrigeration units to ensure compliance. Technological advancements, such as the development of eco-friendly refrigerants and smart monitoring systems, are also driving market growth by offering improved efficiency and sustainability. Overall, the key drivers of the Global Truck Refrigeration Unit Market are the rising demand for temperature-sensitive goods transportation, regulatory requirements, and technological innovations.
Government policies related to the Global Truck Refrigeration Unit Market primarily focus on reducing emissions and promoting energy efficiency. Various countries have implemented regulations such as the Environmental Protection Agency`s (EPA) emission standards in the United States and the European Union`s stringent limits on greenhouse gas emissions. Additionally, there is a growing trend towards phasing out diesel-powered refrigeration units in favor of electric or hybrid alternatives to meet sustainability goals. Governments also offer incentives and subsidies to encourage the adoption of environmentally-friendly technologies in the transportation sector. Overall, the regulatory landscape is shifting towards promoting cleaner and more efficient truck refrigeration units to mitigate the environmental impact of freight transportation.
The Global Truck Refrigeration Unit Market is expected to witness steady growth in the coming years, driven by the increasing demand for temperature-controlled transportation of perishable goods, such as food and pharmaceuticals. The market is likely to be influenced by factors such as expanding cold chain logistics, stringent regulations regarding food safety, and the growing adoption of refrigerated trucks for last-mile delivery services. Technological advancements, such as the integration of telematics and IoT solutions to enhance operational efficiency and reduce maintenance costs, are also anticipated to contribute to market growth. Additionally, the rising focus on sustainability and environmental regulations may lead to the development of more energy-efficient and environmentally friendly refrigeration units, further shaping the market landscape.
In the global truck refrigeration unit market, Asia is expected to witness significant growth due to increasing demand for temperature-sensitive goods transport in countries like China and India. North America is anticipated to show steady growth, driven by the expanding food and beverage industry. Europe is projected to have a mature market with a focus on sustainability and energy efficiency in refrigeration units. The Middle East and Africa region is likely to experience moderate growth, supported by advancements in cold chain logistics. Latin America is expected to see growth opportunities in the pharmaceutical and healthcare sectors, driving the demand for truck refrigeration units. Overall, the global truck refrigeration unit market is poised for growth across regions, with varying factors influencing market dynamics in each region.
Global Truck Refrigeration Unit Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Truck Refrigeration Unit Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Truck Refrigeration Unit Market Revenues & Volume, 2021 & 2031F |
3.3 Global Truck Refrigeration Unit Market - Industry Life Cycle |
3.4 Global Truck Refrigeration Unit Market - Porter's Five Forces |
3.5 Global Truck Refrigeration Unit Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Truck Refrigeration Unit Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Global Truck Refrigeration Unit Market Revenues & Volume Share, By Length, 2021 & 2031F |
3.8 Global Truck Refrigeration Unit Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Global Truck Refrigeration Unit Market Revenues & Volume Share, By Power Source, 2021 & 2031F |
3.10 Global Truck Refrigeration Unit Market Revenues & Volume Share, By Power Capacity, 2021 & 2031F |
3.11 Global Truck Refrigeration Unit Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Global Truck Refrigeration Unit Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Truck Refrigeration Unit Market Trends |
6 Global Truck Refrigeration Unit Market, 2021 - 2031 |
6.1 Global Truck Refrigeration Unit Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Truck Refrigeration Unit Market, Revenues & Volume, By Split System, 2021 - 2031 |
6.1.3 Global Truck Refrigeration Unit Market, Revenues & Volume, By Roof Mount System, 2021 - 2031 |
6.2 Global Truck Refrigeration Unit Market, Revenues & Volume, By Length, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Truck Refrigeration Unit Market, Revenues & Volume, By < 8-Meter, 2021 - 2031 |
6.2.3 Global Truck Refrigeration Unit Market, Revenues & Volume, By 8-12-Meter, 2021 - 2031 |
6.2.4 Global Truck Refrigeration Unit Market, Revenues & Volume, By >12-Meter, 2021 - 2031 |
6.3 Global Truck Refrigeration Unit Market, Revenues & Volume, By Application, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Truck Refrigeration Unit Market, Revenues & Volume, By Chilled, 2021 - 2031 |
6.3.3 Global Truck Refrigeration Unit Market, Revenues & Volume, By Frozen, 2021 - 2031 |
6.4 Global Truck Refrigeration Unit Market, Revenues & Volume, By Power Source, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Truck Refrigeration Unit Market, Revenues & Volume, By Engine Powered, 2021 - 2031 |
6.4.3 Global Truck Refrigeration Unit Market, Revenues & Volume, By Independent, 2021 - 2031 |
6.5 Global Truck Refrigeration Unit Market, Revenues & Volume, By Power Capacity, 2021 - 2031 |
6.5.1 Overview & Analysis |
6.5.2 Global Truck Refrigeration Unit Market, Revenues & Volume, By Below 5 Kw, 2021 - 2031 |
6.5.3 Global Truck Refrigeration Unit Market, Revenues & Volume, By 5 Kw - 19 Kw, 2021 - 2031 |
6.5.4 Global Truck Refrigeration Unit Market, Revenues & Volume, By Above 19 Kw, 2021 - 2031 |
6.6 Global Truck Refrigeration Unit Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
6.6.1 Overview & Analysis |
6.6.2 Global Truck Refrigeration Unit Market, Revenues & Volume, By Light Commercial Vehicles (LCV), 2021 - 2031 |
6.6.3 Global Truck Refrigeration Unit Market, Revenues & Volume, By Medium & Heavy Commercial Vehicles, 2021 - 2031 |
6.6.4 Global Truck Refrigeration Unit Market, Revenues & Volume, By Trailer (Container), 2021 - 2031 |
6.6.5 Global Truck Refrigeration Unit Market, Revenues & Volume, By Bus, 2021 - 2031 |
7 North America Truck Refrigeration Unit Market, Overview & Analysis |
7.1 North America Truck Refrigeration Unit Market Revenues & Volume, 2021 - 2031 |
7.2 North America Truck Refrigeration Unit Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Truck Refrigeration Unit Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Truck Refrigeration Unit Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Truck Refrigeration Unit Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Truck Refrigeration Unit Market, Revenues & Volume, By Type, 2021 - 2031 |
7.4 North America Truck Refrigeration Unit Market, Revenues & Volume, By Length, 2021 - 2031 |
7.5 North America Truck Refrigeration Unit Market, Revenues & Volume, By Application, 2021 - 2031 |
7.6 North America Truck Refrigeration Unit Market, Revenues & Volume, By Power Source, 2021 - 2031 |
7.7 North America Truck Refrigeration Unit Market, Revenues & Volume, By Power Capacity, 2021 - 2031 |
7.8 North America Truck Refrigeration Unit Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
8 Latin America (LATAM) Truck Refrigeration Unit Market, Overview & Analysis |
8.1 Latin America (LATAM) Truck Refrigeration Unit Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Truck Refrigeration Unit Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Truck Refrigeration Unit Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Truck Refrigeration Unit Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Truck Refrigeration Unit Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Truck Refrigeration Unit Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Truck Refrigeration Unit Market, Revenues & Volume, By Type, 2021 - 2031 |
8.4 Latin America (LATAM) Truck Refrigeration Unit Market, Revenues & Volume, By Length, 2021 - 2031 |
8.5 Latin America (LATAM) Truck Refrigeration Unit Market, Revenues & Volume, By Application, 2021 - 2031 |
8.6 Latin America (LATAM) Truck Refrigeration Unit Market, Revenues & Volume, By Power Source, 2021 - 2031 |
8.7 Latin America (LATAM) Truck Refrigeration Unit Market, Revenues & Volume, By Power Capacity, 2021 - 2031 |
8.8 Latin America (LATAM) Truck Refrigeration Unit Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
9 Asia Truck Refrigeration Unit Market, Overview & Analysis |
9.1 Asia Truck Refrigeration Unit Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Truck Refrigeration Unit Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Truck Refrigeration Unit Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Truck Refrigeration Unit Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Truck Refrigeration Unit Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Truck Refrigeration Unit Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Truck Refrigeration Unit Market, Revenues & Volume, By Type, 2021 - 2031 |
9.4 Asia Truck Refrigeration Unit Market, Revenues & Volume, By Length, 2021 - 2031 |
9.5 Asia Truck Refrigeration Unit Market, Revenues & Volume, By Application, 2021 - 2031 |
9.6 Asia Truck Refrigeration Unit Market, Revenues & Volume, By Power Source, 2021 - 2031 |
9.7 Asia Truck Refrigeration Unit Market, Revenues & Volume, By Power Capacity, 2021 - 2031 |
9.8 Asia Truck Refrigeration Unit Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
10 Africa Truck Refrigeration Unit Market, Overview & Analysis |
10.1 Africa Truck Refrigeration Unit Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Truck Refrigeration Unit Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Truck Refrigeration Unit Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Truck Refrigeration Unit Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Truck Refrigeration Unit Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Truck Refrigeration Unit Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Truck Refrigeration Unit Market, Revenues & Volume, By Type, 2021 - 2031 |
10.4 Africa Truck Refrigeration Unit Market, Revenues & Volume, By Length, 2021 - 2031 |
10.5 Africa Truck Refrigeration Unit Market, Revenues & Volume, By Application, 2021 - 2031 |
10.6 Africa Truck Refrigeration Unit Market, Revenues & Volume, By Power Source, 2021 - 2031 |
10.7 Africa Truck Refrigeration Unit Market, Revenues & Volume, By Power Capacity, 2021 - 2031 |
10.8 Africa Truck Refrigeration Unit Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
11 Europe Truck Refrigeration Unit Market, Overview & Analysis |
11.1 Europe Truck Refrigeration Unit Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Truck Refrigeration Unit Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Truck Refrigeration Unit Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Truck Refrigeration Unit Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Truck Refrigeration Unit Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Truck Refrigeration Unit Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Truck Refrigeration Unit Market, Revenues & Volume, By Type, 2021 - 2031 |
11.4 Europe Truck Refrigeration Unit Market, Revenues & Volume, By Length, 2021 - 2031 |
11.5 Europe Truck Refrigeration Unit Market, Revenues & Volume, By Application, 2021 - 2031 |
11.6 Europe Truck Refrigeration Unit Market, Revenues & Volume, By Power Source, 2021 - 2031 |
11.7 Europe Truck Refrigeration Unit Market, Revenues & Volume, By Power Capacity, 2021 - 2031 |
11.8 Europe Truck Refrigeration Unit Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
12 Middle East Truck Refrigeration Unit Market, Overview & Analysis |
12.1 Middle East Truck Refrigeration Unit Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Truck Refrigeration Unit Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Truck Refrigeration Unit Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Truck Refrigeration Unit Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Truck Refrigeration Unit Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Truck Refrigeration Unit Market, Revenues & Volume, By Type, 2021 - 2031 |
12.4 Middle East Truck Refrigeration Unit Market, Revenues & Volume, By Length, 2021 - 2031 |
12.5 Middle East Truck Refrigeration Unit Market, Revenues & Volume, By Application, 2021 - 2031 |
12.6 Middle East Truck Refrigeration Unit Market, Revenues & Volume, By Power Source, 2021 - 2031 |
12.7 Middle East Truck Refrigeration Unit Market, Revenues & Volume, By Power Capacity, 2021 - 2031 |
12.8 Middle East Truck Refrigeration Unit Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
13 Global Truck Refrigeration Unit Market Key Performance Indicators |
14 Global Truck Refrigeration Unit Market - Export/Import By Countries Assessment |
15 Global Truck Refrigeration Unit Market - Opportunity Assessment |
15.1 Global Truck Refrigeration Unit Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Truck Refrigeration Unit Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Global Truck Refrigeration Unit Market Opportunity Assessment, By Length, 2021 & 2031F |
15.4 Global Truck Refrigeration Unit Market Opportunity Assessment, By Application, 2021 & 2031F |
15.5 Global Truck Refrigeration Unit Market Opportunity Assessment, By Power Source, 2021 & 2031F |
15.6 Global Truck Refrigeration Unit Market Opportunity Assessment, By Power Capacity, 2021 & 2031F |
15.7 Global Truck Refrigeration Unit Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
16 Global Truck Refrigeration Unit Market - Competitive Landscape |
16.1 Global Truck Refrigeration Unit Market Revenue Share, By Companies, 2024 |
16.2 Global Truck Refrigeration Unit Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |