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Global Transport Refrigeration Equipment Market Research Report 2025
Synopsis
Transport Refrigeration Units (TRU) is powered by diesel internal combustion engines and are designed to refrigerate or heat perishable goods that are transported in various containers. Significant numbers of these units congregate at distribution centers, truck stops, and other facilities, emitting diesel particulate matter (PM) pollutant emissions, a toxic air contaminant, creating a health risk for those that live nearby.
The global Transport Refrigeration Equipment market was valued at US$ 613.7 million in 2023 and is anticipated to reach US$ 898.3 million by 2030, witnessing a CAGR of 5.6% during the forecast period 2024-2030.
Global core transport refrigeration unit (TRU) manufacturers include Thermo King, Carrier and DENSO etc. The top 3 companies hold a share about 65%. Europe is the largest market, with a share about 43%, followed by Asia Pacific and North America with the
This report aims to provide a comprehensive presentation of the global market for 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 Transport Refrigeration Equipment.
Report Scope
The 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 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 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 Equipment
Truck Refrigeration Equipment
Trailer Refrigeration Equipment
Segment by Application
Food & Beverages
Pharmaceuticals
Chemical Industry
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 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 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 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.
Transport Refrigeration Units (TRU) is powered by diesel internal combustion engines and are designed to refrigerate or heat perishable goods that are transported in various containers. Significant numbers of these units congregate at distribution centers, truck stops, and other facilities, emitting diesel particulate matter (PM) pollutant emissions, a toxic air contaminant, creating a health risk for those that live nearby.
The global Transport Refrigeration Equipment market was valued at US$ 613.7 million in 2023 and is anticipated to reach US$ 898.3 million by 2030, witnessing a CAGR of 5.6% during the forecast period 2024-2030.
Global core transport refrigeration unit (TRU) manufacturers include Thermo King, Carrier and DENSO etc. The top 3 companies hold a share about 65%. Europe is the largest market, with a share about 43%, followed by Asia Pacific and North America with the
This report aims to provide a comprehensive presentation of the global market for 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 Transport Refrigeration Equipment.
Report Scope
The 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 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 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 Equipment
Truck Refrigeration Equipment
Trailer Refrigeration Equipment
Segment by Application
Food & Beverages
Pharmaceuticals
Chemical Industry
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 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 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 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 Transport Refrigeration Equipment Market Overview
1.1 Product Definition
1.2 Transport Refrigeration Equipment Segment by Type
1.2.1 Global Transport Refrigeration Equipment Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Van Refrigeration Equipment
1.2.3 Truck Refrigeration Equipment
1.2.4 Trailer Refrigeration Equipment
1.3 Transport Refrigeration Equipment Segment by Application
1.3.1 Global Transport Refrigeration Equipment Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Food & Beverages
1.3.3 Pharmaceuticals
1.3.4 Chemical Industry
1.3.5 Plants/Flowers
1.3.6 Others
1.4 Global Market Growth Prospects
1.4.1 Global Transport Refrigeration Equipment Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Transport Refrigeration Equipment Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Transport Refrigeration Equipment Production Estimates and Forecasts (2019-2030)
1.4.4 Global Transport Refrigeration Equipment Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Transport Refrigeration Equipment Production Market Share by Manufacturers (2019-2024)
2.2 Global Transport Refrigeration Equipment Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Transport Refrigeration Equipment, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Transport Refrigeration Equipment Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Transport Refrigeration Equipment Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Transport Refrigeration Equipment, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Transport Refrigeration Equipment, Product Offered and Application
2.8 Global Key Manufacturers of Transport Refrigeration Equipment, Date of Enter into This Industry
2.9 Transport Refrigeration Equipment Market Competitive Situation and Trends
2.9.1 Transport Refrigeration Equipment Market Concentration Rate
2.9.2 Global 5 and 10 Largest Transport Refrigeration Equipment Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Transport Refrigeration Equipment Production by Region
3.1 Global Transport Refrigeration Equipment Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Transport Refrigeration Equipment Production Value by Region (2019-2030)
3.2.1 Global Transport Refrigeration Equipment Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Transport Refrigeration Equipment by Region (2025-2030)
3.3 Global Transport Refrigeration Equipment Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Transport Refrigeration Equipment Production by Region (2019-2030)
3.4.1 Global Transport Refrigeration Equipment Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Transport Refrigeration Equipment by Region (2025-2030)
3.5 Global Transport Refrigeration Equipment Market Price Analysis by Region (2019-2024)
3.6 Global Transport Refrigeration Equipment Production and Value, Year-over-Year Growth
3.6.1 North America Transport Refrigeration Equipment Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Transport Refrigeration Equipment Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Transport Refrigeration Equipment Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Transport Refrigeration Equipment Production Value Estimates and Forecasts (2019-2030)
4 Transport Refrigeration Equipment Consumption by Region
4.1 Global Transport Refrigeration Equipment Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Transport Refrigeration Equipment Consumption by Region (2019-2030)
4.2.1 Global Transport Refrigeration Equipment Consumption by Region (2019-2024)
4.2.2 Global Transport Refrigeration Equipment Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Transport Refrigeration Equipment Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Transport Refrigeration Equipment Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Transport Refrigeration Equipment Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe 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 Transport Refrigeration Equipment Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific 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 Transport Refrigeration Equipment Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa 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 Transport Refrigeration Equipment Production by Type (2019-2030)
5.1.1 Global Transport Refrigeration Equipment Production by Type (2019-2024)
5.1.2 Global Transport Refrigeration Equipment Production by Type (2025-2030)
5.1.3 Global Transport Refrigeration Equipment Production Market Share by Type (2019-2030)
5.2 Global Transport Refrigeration Equipment Production Value by Type (2019-2030)
5.2.1 Global Transport Refrigeration Equipment Production Value by Type (2019-2024)
5.2.2 Global Transport Refrigeration Equipment Production Value by Type (2025-2030)
5.2.3 Global Transport Refrigeration Equipment Production Value Market Share by Type (2019-2030)
5.3 Global Transport Refrigeration Equipment Price by Type (2019-2030)
6 Segment by Application
6.1 Global Transport Refrigeration Equipment Production by Application (2019-2030)
6.1.1 Global Transport Refrigeration Equipment Production by Application (2019-2024)
6.1.2 Global Transport Refrigeration Equipment Production by Application (2025-2030)
6.1.3 Global Transport Refrigeration Equipment Production Market Share by Application (2019-2030)
6.2 Global Transport Refrigeration Equipment Production Value by Application (2019-2030)
6.2.1 Global Transport Refrigeration Equipment Production Value by Application (2019-2024)
6.2.2 Global Transport Refrigeration Equipment Production Value by Application (2025-2030)
6.2.3 Global Transport Refrigeration Equipment Production Value Market Share by Application (2019-2030)
6.3 Global Transport Refrigeration Equipment Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Thermo King
7.1.1 Thermo King Transport Refrigeration Equipment Corporation Information
7.1.2 Thermo King Transport Refrigeration Equipment Product Portfolio
7.1.3 Thermo King 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 Transport Refrigeration Equipment Corporation Information
7.2.2 Carrier Transicold Transport Refrigeration Equipment Product Portfolio
7.2.3 Carrier Transicold 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 Transport Refrigeration Equipment Corporation Information
7.3.2 DENSO Transport Refrigeration Equipment Product Portfolio
7.3.3 DENSO 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 Transport Refrigeration Equipment Corporation Information
7.4.2 Wabash National Transport Refrigeration Equipment Product Portfolio
7.4.3 Wabash National 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 Transport Refrigeration Equipment Corporation Information
7.5.2 Lamberet Transport Refrigeration Equipment Product Portfolio
7.5.3 Lamberet 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 Transport Refrigeration Equipment Corporation Information
7.6.2 MHI Transport Refrigeration Equipment Product Portfolio
7.6.3 MHI 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 Transport Refrigeration Equipment Corporation Information
7.7.2 Chereau Transport Refrigeration Equipment Product Portfolio
7.7.3 Chereau 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 Transport Refrigeration Equipment Corporation Information
7.8.2 Great Dane Transport Refrigeration Equipment Product Portfolio
7.8.3 Great Dane 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 Transport Refrigeration Equipment Corporation Information
7.9.2 Zanotti Transport Refrigeration Equipment Product Portfolio
7.9.3 Zanotti 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 Transport Refrigeration Equipment Corporation Information
7.10.2 Kingtec Transport Refrigeration Equipment Product Portfolio
7.10.3 Kingtec 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 Transport Refrigeration Equipment Corporation Information
7.11.2 FRIGOBLOCK Transport Refrigeration Equipment Product Portfolio
7.11.3 FRIGOBLOCK 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 Transport Refrigeration Equipment Corporation Information
7.12.2 GAH Refrigeration Transport Refrigeration Equipment Product Portfolio
7.12.3 GAH Refrigeration 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 Transport Refrigeration Equipment Corporation Information
7.13.2 Morgan Transport Refrigeration Equipment Product Portfolio
7.13.3 Morgan 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 Transport Refrigeration Equipment Corporation Information
7.14.2 Sainte Marie Transport Refrigeration Equipment Product Portfolio
7.14.3 Sainte Marie 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 Transport Refrigeration Equipment Corporation Information
7.15.2 Hubbard Transport Refrigeration Equipment Product Portfolio
7.15.3 Hubbard 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 Transport Refrigeration Equipment Industry Chain Analysis
8.2 Transport Refrigeration Equipment Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Transport Refrigeration Equipment Production Mode & Process
8.4 Transport Refrigeration Equipment Sales and Marketing
8.4.1 Transport Refrigeration Equipment Sales Channels
8.4.2 Transport Refrigeration Equipment Distributors
8.5 Transport Refrigeration Equipment Customers
9 Transport Refrigeration Equipment Market Dynamics
9.1 Transport Refrigeration Equipment Industry Trends
9.2 Transport Refrigeration Equipment Market Drivers
9.3 Transport Refrigeration Equipment Market Challenges
9.4 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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