Global Transport Refrigeration Equipment Market Growth 2025-2031
Description
The global Transport Refrigeration Equipment market size is predicted to grow from US$ 699 million in 2025 to US$ 981 million in 2031; it is expected to grow at a CAGR of 5.8% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this 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.
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
LP Information, Inc. (LPI) ' newest research report, the “Transport Refrigeration Equipment Industry Forecast” looks at past sales and reviews total world Transport Refrigeration Equipment sales in 2024, providing a comprehensive analysis by region and market sector of projected Transport Refrigeration Equipment sales for 2025 through 2031. With Transport Refrigeration Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Transport Refrigeration Equipment industry.
This Insight Report provides a comprehensive analysis of the global Transport Refrigeration Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Transport Refrigeration Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Transport Refrigeration Equipment market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Transport Refrigeration Equipment and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Transport Refrigeration Equipment.
This report presents a comprehensive overview, market shares, and growth opportunities of Transport Refrigeration Equipment market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Van Refrigeration Equipment
Truck Refrigeration Equipment
Trailer Refrigeration Equipment
Segmentation by Application:
Food & Beverages
Pharmaceuticals
Chemical Industry
Plants/Flowers
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Thermo King
Carrier Transicold
DENSO
Wabash National
Lamberet
MHI
Chereau
Great Dane
Zanotti
Kingtec
FRIGOBLOCK
GAH Refrigeration
Morgan
Sainte Marie
Hubbard
Key Questions Addressed in this Report
What is the 10-year outlook for the global Transport Refrigeration Equipment market?
What factors are driving Transport Refrigeration Equipment market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Transport Refrigeration Equipment market opportunities vary by end market size?
How does Transport Refrigeration Equipment break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this 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.
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
LP Information, Inc. (LPI) ' newest research report, the “Transport Refrigeration Equipment Industry Forecast” looks at past sales and reviews total world Transport Refrigeration Equipment sales in 2024, providing a comprehensive analysis by region and market sector of projected Transport Refrigeration Equipment sales for 2025 through 2031. With Transport Refrigeration Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Transport Refrigeration Equipment industry.
This Insight Report provides a comprehensive analysis of the global Transport Refrigeration Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Transport Refrigeration Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Transport Refrigeration Equipment market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Transport Refrigeration Equipment and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Transport Refrigeration Equipment.
This report presents a comprehensive overview, market shares, and growth opportunities of Transport Refrigeration Equipment market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Van Refrigeration Equipment
Truck Refrigeration Equipment
Trailer Refrigeration Equipment
Segmentation by Application:
Food & Beverages
Pharmaceuticals
Chemical Industry
Plants/Flowers
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Thermo King
Carrier Transicold
DENSO
Wabash National
Lamberet
MHI
Chereau
Great Dane
Zanotti
Kingtec
FRIGOBLOCK
GAH Refrigeration
Morgan
Sainte Marie
Hubbard
Key Questions Addressed in this Report
What is the 10-year outlook for the global Transport Refrigeration Equipment market?
What factors are driving Transport Refrigeration Equipment market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Transport Refrigeration Equipment market opportunities vary by end market size?
How does Transport Refrigeration Equipment break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
118 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Transport Refrigeration Equipment by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Transport Refrigeration Equipment by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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