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Global Road Transport Refrigeration Equipment Market Research Report 2025
Synopsis
Road Transport Refrigeration Equipment is the vans or trucks used for transportation of fresh products or frozen products.
The global Road Transport Refrigeration Equipment market was valued at US$ 8853.2 million in 2023 and is anticipated to reach US$ 12010 million by 2030, witnessing a CAGR of 4.4% during the forecast period 2024-2030.
First, for industry structure analysis, the Road Transport Refrigeration Equipment industry is relatively concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 55% of the revenue market. Regionally, North America is the biggest production value area of valves, also the leader in the whole Road Transport Refrigeration Equipment industry.
Second, North America occupied more than 30% of the production market. It is followed by Europe and Asian/Oceanian Countries, which respectively account for around 28% and 19% of the global total. Other countries have a small amount of production. Geographically, North America was the largest consumption market in the world, which took about 31% of the global consumption market.
Third, Van Refrigeration System and Bodies accounts for about half of the production market, while the market of Truck Refrigeration System and Bodies is a bit larger than that of Trailer Refrigeration System and Bodiesand. Food/Beverages and Plants/Flowers are the most common application of Transport Refrigeration Equipment.
This report aims to provide a comprehensive presentation of the global market for Road Transport Refrigeration Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Road Transport Refrigeration Equipment.
Report Scope
The Road Transport Refrigeration Equipment market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Road Transport Refrigeration Equipment market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Road Transport Refrigeration Equipment manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Thermo King
Carrier Transicold
DENSO
Wabash National
Lamberet
MHI
Chereau
Great Dane
Zanotti
Kingtec
FRIGOBLOCK
GAH Refrigeration
Morgan
Sainte Marie
Hubbard
Segment by Type
Van Refrigeration System and Bodies
Truck Refrigeration System and Bodies
Trailer Refrigeration System and Bodies
Segment by Application
Food/Beverages
Pharmaceuticals/Chemicals
Plants/Flowers
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Road Transport Refrigeration Equipment manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Road Transport Refrigeration Equipment by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Road Transport Refrigeration Equipment in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Road Transport Refrigeration Equipment is the vans or trucks used for transportation of fresh products or frozen products.
The global Road Transport Refrigeration Equipment market was valued at US$ 8853.2 million in 2023 and is anticipated to reach US$ 12010 million by 2030, witnessing a CAGR of 4.4% during the forecast period 2024-2030.
First, for industry structure analysis, the Road Transport Refrigeration Equipment industry is relatively concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 55% of the revenue market. Regionally, North America is the biggest production value area of valves, also the leader in the whole Road Transport Refrigeration Equipment industry.
Second, North America occupied more than 30% of the production market. It is followed by Europe and Asian/Oceanian Countries, which respectively account for around 28% and 19% of the global total. Other countries have a small amount of production. Geographically, North America was the largest consumption market in the world, which took about 31% of the global consumption market.
Third, Van Refrigeration System and Bodies accounts for about half of the production market, while the market of Truck Refrigeration System and Bodies is a bit larger than that of Trailer Refrigeration System and Bodiesand. Food/Beverages and Plants/Flowers are the most common application of Transport Refrigeration Equipment.
This report aims to provide a comprehensive presentation of the global market for Road Transport Refrigeration Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Road Transport Refrigeration Equipment.
Report Scope
The Road Transport Refrigeration Equipment market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Road Transport Refrigeration Equipment market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Road Transport Refrigeration Equipment manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Thermo King
Carrier Transicold
DENSO
Wabash National
Lamberet
MHI
Chereau
Great Dane
Zanotti
Kingtec
FRIGOBLOCK
GAH Refrigeration
Morgan
Sainte Marie
Hubbard
Segment by Type
Van Refrigeration System and Bodies
Truck Refrigeration System and Bodies
Trailer Refrigeration System and Bodies
Segment by Application
Food/Beverages
Pharmaceuticals/Chemicals
Plants/Flowers
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Road Transport Refrigeration Equipment manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Road Transport Refrigeration Equipment by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Road Transport Refrigeration Equipment in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Road Transport Refrigeration Equipment Market Overview
1.1 Product Definition
1.2 Road Transport Refrigeration Equipment Segment by Type
1.2.1 Global Road Transport Refrigeration Equipment Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Van Refrigeration System and Bodies
1.2.3 Truck Refrigeration System and Bodies
1.2.4 Trailer Refrigeration System and Bodies
1.3 Road Transport Refrigeration Equipment Segment by Application
1.3.1 Global Road Transport Refrigeration Equipment Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Food/Beverages
1.3.3 Pharmaceuticals/Chemicals
1.3.4 Plants/Flowers
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Road Transport Refrigeration Equipment Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Road Transport Refrigeration Equipment Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Road Transport Refrigeration Equipment Production Estimates and Forecasts (2019-2030)
1.4.4 Global Road Transport Refrigeration Equipment Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Road Transport Refrigeration Equipment Production Market Share by Manufacturers (2019-2024)
2.2 Global Road Transport Refrigeration Equipment Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Road Transport Refrigeration Equipment, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Road Transport Refrigeration Equipment Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Road Transport Refrigeration Equipment Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Road Transport Refrigeration Equipment, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Road Transport Refrigeration Equipment, Product Offered and Application
2.8 Global Key Manufacturers of Road Transport Refrigeration Equipment, Date of Enter into This Industry
2.9 Road Transport Refrigeration Equipment Market Competitive Situation and Trends
2.9.1 Road Transport Refrigeration Equipment Market Concentration Rate
2.9.2 Global 5 and 10 Largest Road Transport Refrigeration Equipment Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Road Transport Refrigeration Equipment Production by Region
3.1 Global Road Transport Refrigeration Equipment Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Road Transport Refrigeration Equipment Production Value by Region (2019-2030)
3.2.1 Global Road Transport Refrigeration Equipment Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Road Transport Refrigeration Equipment by Region (2025-2030)
3.3 Global Road Transport Refrigeration Equipment Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Road Transport Refrigeration Equipment Production by Region (2019-2030)
3.4.1 Global Road Transport Refrigeration Equipment Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Road Transport Refrigeration Equipment by Region (2025-2030)
3.5 Global Road Transport Refrigeration Equipment Market Price Analysis by Region (2019-2024)
3.6 Global Road Transport Refrigeration Equipment Production and Value, Year-over-Year Growth
3.6.1 North America Road Transport Refrigeration Equipment Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Road Transport Refrigeration Equipment Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Road Transport Refrigeration Equipment Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Road Transport Refrigeration Equipment Production Value Estimates and Forecasts (2019-2030)
4 Road Transport Refrigeration Equipment Consumption by Region
4.1 Global Road Transport Refrigeration Equipment Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Road Transport Refrigeration Equipment Consumption by Region (2019-2030)
4.2.1 Global Road Transport Refrigeration Equipment Consumption by Region (2019-2024)
4.2.2 Global Road Transport Refrigeration Equipment Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Road Transport Refrigeration Equipment Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Road Transport Refrigeration Equipment Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Road Transport Refrigeration Equipment Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Road Transport Refrigeration Equipment Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Road Transport Refrigeration Equipment Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Road Transport Refrigeration Equipment Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Road Transport Refrigeration Equipment Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Road Transport Refrigeration Equipment Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Road Transport Refrigeration Equipment Production by Type (2019-2030)
5.1.1 Global Road Transport Refrigeration Equipment Production by Type (2019-2024)
5.1.2 Global Road Transport Refrigeration Equipment Production by Type (2025-2030)
5.1.3 Global Road Transport Refrigeration Equipment Production Market Share by Type (2019-2030)
5.2 Global Road Transport Refrigeration Equipment Production Value by Type (2019-2030)
5.2.1 Global Road Transport Refrigeration Equipment Production Value by Type (2019-2024)
5.2.2 Global Road Transport Refrigeration Equipment Production Value by Type (2025-2030)
5.2.3 Global Road Transport Refrigeration Equipment Production Value Market Share by Type (2019-2030)
5.3 Global Road Transport Refrigeration Equipment Price by Type (2019-2030)
6 Segment by Application
6.1 Global Road Transport Refrigeration Equipment Production by Application (2019-2030)
6.1.1 Global Road Transport Refrigeration Equipment Production by Application (2019-2024)
6.1.2 Global Road Transport Refrigeration Equipment Production by Application (2025-2030)
6.1.3 Global Road Transport Refrigeration Equipment Production Market Share by Application (2019-2030)
6.2 Global Road Transport Refrigeration Equipment Production Value by Application (2019-2030)
6.2.1 Global Road Transport Refrigeration Equipment Production Value by Application (2019-2024)
6.2.2 Global Road Transport Refrigeration Equipment Production Value by Application (2025-2030)
6.2.3 Global Road Transport Refrigeration Equipment Production Value Market Share by Application (2019-2030)
6.3 Global Road Transport Refrigeration Equipment Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Thermo King
7.1.1 Thermo King Road Transport Refrigeration Equipment Corporation Information
7.1.2 Thermo King Road Transport Refrigeration Equipment Product Portfolio
7.1.3 Thermo King Road Transport Refrigeration Equipment Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Thermo King Main Business and Markets Served
7.1.5 Thermo King Recent Developments/Updates
7.2 Carrier Transicold
7.2.1 Carrier Transicold Road Transport Refrigeration Equipment Corporation Information
7.2.2 Carrier Transicold Road Transport Refrigeration Equipment Product Portfolio
7.2.3 Carrier Transicold Road Transport Refrigeration Equipment Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Carrier Transicold Main Business and Markets Served
7.2.5 Carrier Transicold Recent Developments/Updates
7.3 DENSO
7.3.1 DENSO Road Transport Refrigeration Equipment Corporation Information
7.3.2 DENSO Road Transport Refrigeration Equipment Product Portfolio
7.3.3 DENSO Road Transport Refrigeration Equipment Production, Value, Price and Gross Margin (2019-2024)
7.3.4 DENSO Main Business and Markets Served
7.3.5 DENSO Recent Developments/Updates
7.4 Wabash National
7.4.1 Wabash National Road Transport Refrigeration Equipment Corporation Information
7.4.2 Wabash National Road Transport Refrigeration Equipment Product Portfolio
7.4.3 Wabash National Road Transport Refrigeration Equipment Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Wabash National Main Business and Markets Served
7.4.5 Wabash National Recent Developments/Updates
7.5 Lamberet
7.5.1 Lamberet Road Transport Refrigeration Equipment Corporation Information
7.5.2 Lamberet Road Transport Refrigeration Equipment Product Portfolio
7.5.3 Lamberet Road Transport Refrigeration Equipment Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Lamberet Main Business and Markets Served
7.5.5 Lamberet Recent Developments/Updates
7.6 MHI
7.6.1 MHI Road Transport Refrigeration Equipment Corporation Information
7.6.2 MHI Road Transport Refrigeration Equipment Product Portfolio
7.6.3 MHI Road Transport Refrigeration Equipment Production, Value, Price and Gross Margin (2019-2024)
7.6.4 MHI Main Business and Markets Served
7.6.5 MHI Recent Developments/Updates
7.7 Chereau
7.7.1 Chereau Road Transport Refrigeration Equipment Corporation Information
7.7.2 Chereau Road Transport Refrigeration Equipment Product Portfolio
7.7.3 Chereau Road Transport Refrigeration Equipment Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Chereau Main Business and Markets Served
7.7.5 Chereau Recent Developments/Updates
7.8 Great Dane
7.8.1 Great Dane Road Transport Refrigeration Equipment Corporation Information
7.8.2 Great Dane Road Transport Refrigeration Equipment Product Portfolio
7.8.3 Great Dane Road Transport Refrigeration Equipment Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Great Dane Main Business and Markets Served
7.7.5 Great Dane Recent Developments/Updates
7.9 Zanotti
7.9.1 Zanotti Road Transport Refrigeration Equipment Corporation Information
7.9.2 Zanotti Road Transport Refrigeration Equipment Product Portfolio
7.9.3 Zanotti Road Transport Refrigeration Equipment Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Zanotti Main Business and Markets Served
7.9.5 Zanotti Recent Developments/Updates
7.10 Kingtec
7.10.1 Kingtec Road Transport Refrigeration Equipment Corporation Information
7.10.2 Kingtec Road Transport Refrigeration Equipment Product Portfolio
7.10.3 Kingtec Road Transport Refrigeration Equipment Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Kingtec Main Business and Markets Served
7.10.5 Kingtec Recent Developments/Updates
7.11 FRIGOBLOCK
7.11.1 FRIGOBLOCK Road Transport Refrigeration Equipment Corporation Information
7.11.2 FRIGOBLOCK Road Transport Refrigeration Equipment Product Portfolio
7.11.3 FRIGOBLOCK Road Transport Refrigeration Equipment Production, Value, Price and Gross Margin (2019-2024)
7.11.4 FRIGOBLOCK Main Business and Markets Served
7.11.5 FRIGOBLOCK Recent Developments/Updates
7.12 GAH Refrigeration
7.12.1 GAH Refrigeration Road Transport Refrigeration Equipment Corporation Information
7.12.2 GAH Refrigeration Road Transport Refrigeration Equipment Product Portfolio
7.12.3 GAH Refrigeration Road Transport Refrigeration Equipment Production, Value, Price and Gross Margin (2019-2024)
7.12.4 GAH Refrigeration Main Business and Markets Served
7.12.5 GAH Refrigeration Recent Developments/Updates
7.13 Morgan
7.13.1 Morgan Road Transport Refrigeration Equipment Corporation Information
7.13.2 Morgan Road Transport Refrigeration Equipment Product Portfolio
7.13.3 Morgan Road Transport Refrigeration Equipment Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Morgan Main Business and Markets Served
7.13.5 Morgan Recent Developments/Updates
7.14 Sainte Marie
7.14.1 Sainte Marie Road Transport Refrigeration Equipment Corporation Information
7.14.2 Sainte Marie Road Transport Refrigeration Equipment Product Portfolio
7.14.3 Sainte Marie Road Transport Refrigeration Equipment Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Sainte Marie Main Business and Markets Served
7.14.5 Sainte Marie Recent Developments/Updates
7.15 Hubbard
7.15.1 Hubbard Road Transport Refrigeration Equipment Corporation Information
7.15.2 Hubbard Road Transport Refrigeration Equipment Product Portfolio
7.15.3 Hubbard Road Transport Refrigeration Equipment Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Hubbard Main Business and Markets Served
7.15.5 Hubbard Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Road Transport Refrigeration Equipment Industry Chain Analysis
8.2 Road Transport Refrigeration Equipment Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Road Transport Refrigeration Equipment Production Mode & Process
8.4 Road Transport Refrigeration Equipment Sales and Marketing
8.4.1 Road Transport Refrigeration Equipment Sales Channels
8.4.2 Road Transport Refrigeration Equipment Distributors
8.5 Road Transport Refrigeration Equipment Customers
9 Road Transport Refrigeration Equipment Market Dynamics
9.1 Road Transport Refrigeration Equipment Industry Trends
9.2 Road Transport Refrigeration Equipment Market Drivers
9.3 Road Transport Refrigeration Equipment Market Challenges
9.4 Road Transport Refrigeration Equipment Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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