The truck refrigeration unit market is estimated at USD 10.5 billion in 2018, and is expected to grow by 5% annually to reach USD 15 billion by 2027.
Factors driving the truck refrigeration equipment market include growing demand for frozen food and fresh vegetables, increased consumer preference for frozen food due to lack of lifestyle, growth of supermarkets and quick service restaurants such as KFC, Burger King, and Subway. . , Taco Bell, Pizza Hut and McDonald’s are in different locations. In addition, increased investment in smart city development is driving the truck refrigeration equipment market. Increasing advances in refrigeration technology.
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Company Profile
- Daikin Industries, Ltd.
- Carrier Corporation
- Thermo King Corporation
- Denso Corporation
- Webasto
- Mobile Climate Control
- Subros Limited
- Sanden Corporation
- Klinge Corporation
- Utility Trailer Manufacturing Company.
Market Segmentation
Truck Refrigeration Unit Market Segments:
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 Size
- 20-feet
- 40-feet
- Others
Scope of the Report
The research study analyzes the global Truck Refrigeration Unit industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
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Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Truck Refrigeration Unit Market Report
1. What was the Truck Refrigeration Unit Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Truck Refrigeration Unit Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Truck Refrigeration Unit Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Truck Refrigeration Unit market.
- The market share of the global Truck Refrigeration Unit market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Truck Refrigeration Unit market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Truck Refrigeration Unit market.
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