Thailand Truck Refrigeration Unit Market (2025-2031) Outlook | Companies, Share, Industry, Size, Forecast, Revenue, Analysis, Growth, Value & Trends

Market Forecast By Vehicle Type (LCV, M&HCV, Trailer (Container), Bus), By Type (Split system, Roof mount system), By Application (Frozen, Chilled), By Industry Vertical (Frozen food, Pharma drugs & chemicals, Ambulance & passenger transport), By Bus Length (<8 meters, 8-12 meters, >12 meters), By Size (20-feet, 40-feet, Others) And Competitive Landscape
Product Code: ETC4577186 Publication Date: Jul 2023 Updated Date: Nov 2025 Product Type: Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 85 No. of Figures: 45 No. of Tables: 25

Thailand Truck Refrigeration Unit Market: Import Trend Analysis

Thailand import trend for truck refrigeration units saw significant growth from 2023 to 2024, with a growth rate of 42.35%. The compound annual growth rate (CAGR) for the period 2020-2024 stood at 6.42%. This surge in imports can be attributed to increasing demand for efficient cold chain logistics solutions in the region.

Thailand Truck Refrigeration Unit Market Synopsis

The cold chain and logistics industry in Thailand rely heavily on refrigeration units for trucks. The Thailand Truck Refrigeration Unit market is expanding to meet the demand for transporting temperature-sensitive goods, ensuring product freshness and safety.

Drivers of the Market

The Thailand Truck Refrigeration Unit Market is experiencing robust growth as the transportation and logistics industry prioritizes temperature-controlled transport for perishable goods. Truck refrigeration units maintain specific temperatures within cargo compartments, ensuring the freshness and integrity of transported goods. The market expansion is fueled by Thailand growing demand for cold chain logistics, meeting regulatory standards for food safety, and adopting innovative truck refrigeration technologies to enhance overall cargo preservation.

Challenges of the Market

The Thailand Truck Refrigeration Unit Market faces challenges linked to the demand dynamics of the cold chain logistics industry. Fluctuations in demand, seasonal variations, and economic factors can impact the market growth. Manufacturers need to navigate the delicate balance between providing efficient and environmentally friendly refrigeration solutions while addressing the cost concerns of truck operators. Moreover, adapting to changing regulations regarding emissions and refrigerants adds complexity to the market landscape.

COVID-19 Impact on the Market

The Thailand Truck Refrigeration Unit Market faced difficulties during the pandemic, marked by a slowdown in logistics and transportation. However, as the demand for temperature-sensitive transportation rises, there is potential for recovery in the market, driven by increased adoption of advanced and efficient refrigeration units.

Key Players in the Market

The truck refrigeration unit market in Thailand is witnessing steady growth, driven by the demand for temperature-controlled transportation in the food and pharmaceutical industries. Major players in this market include CoolTrans Solutions and FreezeTech Refrigeration. These companies specialize in the manufacturing of efficient and reliable refrigeration units tailored for trucks, ensuring the safe transport of perishable goods.

Key Highlights of the Report:

  • Thailand Truck Refrigeration Unit Market Outlook
  • Market Size of Thailand Truck Refrigeration Unit Market, 2024
  • Forecast of Thailand Truck Refrigeration Unit Market, 2031
  • Historical Data and Forecast of Thailand Truck Refrigeration Unit Revenues & Volume for the Period 2021-2031
  • Thailand Truck Refrigeration Unit Market Trend Evolution
  • Thailand Truck Refrigeration Unit Market Drivers and Challenges
  • Thailand Truck Refrigeration Unit Price Trends
  • Thailand Truck Refrigeration Unit Porter's Five Forces
  • Thailand Truck Refrigeration Unit Industry Life Cycle
  • Historical Data and Forecast of Thailand Truck Refrigeration Unit Market Revenues & Volume By Vehicle Type for the Period 2021-2031
  • Historical Data and Forecast of Thailand Truck Refrigeration Unit Market Revenues & Volume By LCV for the Period 2021-2031
  • Historical Data and Forecast of Thailand Truck Refrigeration Unit Market Revenues & Volume By M&HCV for the Period 2021-2031
  • Historical Data and Forecast of Thailand Truck Refrigeration Unit Market Revenues & Volume By Trailer (Container) for the Period 2021-2031
  • Historical Data and Forecast of Thailand Truck Refrigeration Unit Market Revenues & Volume By Bus for the Period 2021-2031
  • Historical Data and Forecast of Thailand Truck Refrigeration Unit Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Thailand Truck Refrigeration Unit Market Revenues & Volume By Split system for the Period 2021-2031
  • Historical Data and Forecast of Thailand Truck Refrigeration Unit Market Revenues & Volume By Roof mount system for the Period 2021-2031
  • Historical Data and Forecast of Thailand Truck Refrigeration Unit Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Thailand Truck Refrigeration Unit Market Revenues & Volume By Frozen for the Period 2021-2031
  • Historical Data and Forecast of Thailand Truck Refrigeration Unit Market Revenues & Volume By Chilled for the Period 2021-2031
  • Historical Data and Forecast of Thailand Truck Refrigeration Unit Market Revenues & Volume By Industry Vertical for the Period 2021-2031
  • Historical Data and Forecast of Thailand Truck Refrigeration Unit Market Revenues & Volume By Frozen food for the Period 2021-2031
  • Historical Data and Forecast of Thailand Truck Refrigeration Unit Market Revenues & Volume By Pharma drugs & chemicals for the Period 2021-2031
  • Historical Data and Forecast of Thailand Truck Refrigeration Unit Market Revenues & Volume By Ambulance & passenger transport for the Period 2021-2031
  • Historical Data and Forecast of Thailand Truck Refrigeration Unit Market Revenues & Volume By Bus Length for the Period 2021-2031
  • Historical Data and Forecast of Thailand Truck Refrigeration Unit Market Revenues & Volume By <8 meters for the Period 2021-2031
  • Historical Data and Forecast of Thailand Truck Refrigeration Unit Market Revenues & Volume By 8-12 meters for the Period 2021-2031
  • Historical Data and Forecast of Thailand Truck Refrigeration Unit Market Revenues & Volume By >12 meters for the Period 2021-2031
  • Historical Data and Forecast of Thailand Truck Refrigeration Unit Market Revenues & Volume By Size for the Period 2021-2031
  • Historical Data and Forecast of Thailand Truck Refrigeration Unit Market Revenues & Volume By 20-feet for the Period 2021-2031
  • Historical Data and Forecast of Thailand Truck Refrigeration Unit Market Revenues & Volume By 40-feet for the Period 2021-2031
  • Historical Data and Forecast of Thailand Truck Refrigeration Unit Market Revenues & Volume By Others for the Period 2021-2031
  • Thailand Truck Refrigeration Unit Import Export Trade Statistics
  • Market Opportunity Assessment By Vehicle Type
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By Industry Vertical
  • Market Opportunity Assessment By Bus Length
  • Market Opportunity Assessment By Size
  • Thailand Truck Refrigeration Unit Top Companies Market Share
  • Thailand Truck Refrigeration Unit Competitive Benchmarking By Technical and Operational Parameters
  • Thailand Truck Refrigeration Unit Company Profiles
  • Thailand Truck Refrigeration Unit Key Strategic Recommendations

What are the new business and investment opportunities in the Thailand truck refrigeration unit market?

With the growing demand for fresh food delivery services in urban areas like Bangkok, investing in advanced truck refrigeration units such as those offered by Thermo King or Carrier Transicold can provide a lucrative opportunity for businesses looking to cater to the expanding cold chain logistics industry in Thailand.
The Thailand truck refrigeration unit market is expected to witness a surge in demand driven by the growing adoption of advanced cooling technologies by key players like Thermo King and Carrier Transicold, as well as increasing awareness among fleet operators such as Boon Rawd Brewery Company and Siam Cement Group about the benefits of maintaining temperature-controlled logistics for perishable goods.
The Thailand truck refrigeration unit market encompasses the supply and demand for refrigeration systems specifically designed for trucks used in transporting perishable goods. This includes various types of refrigeration units such as those offered by companies like Carrier Transicold and Thermo King, which are installed on trucks from brands like Isuzu, Hino, and Mitsubishi. The market also involves the maintenance and servicing of these units to ensure proper functionality during transportation.
Leading competitors in the Thailand truck refrigeration unit market include companies such as Thermo King, Carrier Transicold, and Mitsubishi Heavy Industries. Thermo King, for example, is known for its advanced technologies and strong service network, positioning itself as a premium solution provider. Carrier Transicold focuses on energy-efficient solutions and sustainability, appealing to environmentally conscious customers. Mitsubishi Heavy Industries emphasizes reliability and durability in its products, targeting customers looking for long-lasting refrigeration units.
Consumers in Thailand are increasingly demanding environmentally friendly refrigeration solutions for trucks. This trend has led companies like Carrier Transicold to develop eco-friendly refrigeration units that use natural refrigerants such as CO2, which align with Thailand's push towards sustainability. Additionally, the adoption of smart technology in refrigeration units is on the rise, with companies like Thermo King introducing IoT-enabled units that can be monitored and controlled remotely. On the policy front, Thailand has been focusing on stricter regulations regarding emissions and energy efficiency, driving the market towards more sustainable and efficient refrigeration solutions.
6Wresearch actively monitors the Thailand Truck Refrigeration Unit Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Thailand Truck Refrigeration Unit Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Thailand Truck Refrigeration Unit Market Overview

3.1 Thailand Country Macro Economic Indicators

3.2 Thailand Truck Refrigeration Unit Market Revenues & Volume, 2021 & 2031F

3.3 Thailand Truck Refrigeration Unit Market - Industry Life Cycle

3.4 Thailand Truck Refrigeration Unit Market - Porter's Five Forces

3.5 Thailand Truck Refrigeration Unit Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F

3.6 Thailand Truck Refrigeration Unit Market Revenues & Volume Share, By Type, 2021 & 2031F

3.7 Thailand Truck Refrigeration Unit Market Revenues & Volume Share, By Application, 2021 & 2031F

3.8 Thailand Truck Refrigeration Unit Market Revenues & Volume Share, By Industry Vertical, 2021 & 2031F

3.9 Thailand Truck Refrigeration Unit Market Revenues & Volume Share, By Bus Length, 2021 & 2031F

3.10 Thailand Truck Refrigeration Unit Market Revenues & Volume Share, By Size, 2021 & 2031F

4 Thailand Truck Refrigeration Unit Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Growth in the food and beverage industry, leading to increased demand for temperature-controlled transportation.

4.2.2 Expansion of cold chain logistics in Thailand.

4.2.3 Government regulations promoting the use of refrigerated trucks for transporting perishable goods.

4.3 Market Restraints

4.3.1 High initial investment costs for installing truck refrigeration units.

4.3.2 Maintenance and operating costs associated with refrigeration units.

4.3.3 Limited technological advancements in the truck refrigeration unit market in Thailand.

5 Thailand Truck Refrigeration Unit Market Trends

6 Thailand Truck Refrigeration Unit Market, By Types

6.1 Thailand Truck Refrigeration Unit Market, By Vehicle Type

6.1.1 Overview and Analysis

6.1.2 Thailand Truck Refrigeration Unit Market Revenues & Volume, By Vehicle Type, 2021-2031F

6.1.3 Thailand Truck Refrigeration Unit Market Revenues & Volume, By LCV, 2021-2031F

6.1.4 Thailand Truck Refrigeration Unit Market Revenues & Volume, By M&HCV, 2021-2031F

6.1.5 Thailand Truck Refrigeration Unit Market Revenues & Volume, By Trailer (Container), 2021-2031F

6.1.6 Thailand Truck Refrigeration Unit Market Revenues & Volume, By Bus, 2021-2031F

6.2 Thailand Truck Refrigeration Unit Market, By Type

6.2.1 Overview and Analysis

6.2.2 Thailand Truck Refrigeration Unit Market Revenues & Volume, By Split system, 2021-2031F

6.2.3 Thailand Truck Refrigeration Unit Market Revenues & Volume, By Roof mount system, 2021-2031F

6.3 Thailand Truck Refrigeration Unit Market, By Application

6.3.1 Overview and Analysis

6.3.2 Thailand Truck Refrigeration Unit Market Revenues & Volume, By Frozen, 2021-2031F

6.3.3 Thailand Truck Refrigeration Unit Market Revenues & Volume, By Chilled, 2021-2031F

6.4 Thailand Truck Refrigeration Unit Market, By Industry Vertical

6.4.1 Overview and Analysis

6.4.2 Thailand Truck Refrigeration Unit Market Revenues & Volume, By Frozen food, 2021-2031F

6.4.3 Thailand Truck Refrigeration Unit Market Revenues & Volume, By Pharma drugs & chemicals, 2021-2031F

6.4.4 Thailand Truck Refrigeration Unit Market Revenues & Volume, By Ambulance & passenger transport, 2021-2031F

6.5 Thailand Truck Refrigeration Unit Market, By Bus Length

6.5.1 Overview and Analysis

6.5.2 Thailand Truck Refrigeration Unit Market Revenues & Volume, By <8 meters, 2021-2031F

6.5.3 Thailand Truck Refrigeration Unit Market Revenues & Volume, By 8-12 meters, 2021-2031F

6.5.4 Thailand Truck Refrigeration Unit Market Revenues & Volume, By >12 meters, 2021-2031F

6.6 Thailand Truck Refrigeration Unit Market, By Size

6.6.1 Overview and Analysis

6.6.2 Thailand Truck Refrigeration Unit Market Revenues & Volume, By 20-feet, 2021-2031F

6.6.3 Thailand Truck Refrigeration Unit Market Revenues & Volume, By 40-feet, 2021-2031F

6.6.4 Thailand Truck Refrigeration Unit Market Revenues & Volume, By Others, 2021-2031F

7 Thailand Truck Refrigeration Unit Market Import-Export Trade Statistics

7.1 Thailand Truck Refrigeration Unit Market Export to Major Countries

7.2 Thailand Truck Refrigeration Unit Market Imports from Major Countries

8 Thailand Truck Refrigeration Unit Market Key Performance Indicators

8.1 Average age of truck refrigeration units in operation.

8.2 Energy efficiency ratings of truck refrigeration units.

8.3 Number of new installations of truck refrigeration units in the market.

8.4 Customer satisfaction ratings related to the performance of refrigeration units.

8.5 Percentage of trucks in the logistics industry equipped with refrigeration units.

9 Thailand Truck Refrigeration Unit Market - Opportunity Assessment

9.1 Thailand Truck Refrigeration Unit Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F

9.2 Thailand Truck Refrigeration Unit Market Opportunity Assessment, By Type, 2021 & 2031F

9.3 Thailand Truck Refrigeration Unit Market Opportunity Assessment, By Application, 2021 & 2031F

9.4 Thailand Truck Refrigeration Unit Market Opportunity Assessment, By Industry Vertical, 2021 & 2031F

9.5 Thailand Truck Refrigeration Unit Market Opportunity Assessment, By Bus Length, 2021 & 2031F

9.6 Thailand Truck Refrigeration Unit Market Opportunity Assessment, By Size, 2021 & 2031F

10 Thailand Truck Refrigeration Unit Market - Competitive Landscape

10.1 Thailand Truck Refrigeration Unit Market Revenue Share, By Companies, 2024

10.2 Thailand Truck Refrigeration Unit Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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