Truck Refrigeration Unit Market Growth Set to Surge Significantly during 2020-2030

For transportation of frozen foods and vegetables, truck refrigeration units are generally used for intercity and intracity transportation. Truck refrigeration units are control devices that enable trailers to cool or heat when switched on or off. These are special trucks equipped with variety of refrigeration unit systems, designed to carry perishable food items by maintaining the temperature. As a cooling agent carbon dioxide in the form of ice or liquid is utilized to preserve products such as frozen fruits, seafood, meat, dairy products, and vegetables, as they require an ideal temperature to sustain. Truck refrigeration units are available in both Electric Stand by (ES-TRUs) and all-electric options. The electric transport refrigeration units operate completely off the electric shore power which is used for overflow storage or on-site storage whereas electric standby transport refrigeration units, also known as hybrid TRU, are used on the road for diesel and electric shore power when parked. This has influenced the Truck Refrigeration Unit Market.

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The factors that drive the truck refrigeration unit market include increasing demand for frozen food and fresh vegetables, growing consumer preference for frozen food items due to lack of time in lifestyle, growth of supermarkets and quick-service restaurants such as KFC, Burger King, Subway, Taco Bell, Pizza Hut, and McDonald's in different regions. Moreover, increasing investments in the development of smart cities is also driving the truck refrigeration unit market. Increasing developments in technology of refrigeration.

units is also anticipated to boost the market growth. In addition, the factors that restrain the truck refrigeration unit market growth include growth in health concerns about consumption of frozen fruit and vegetables. Also, if any major breakdown happens to the vehicle perishable food items get damaged.

The major companies profiled in the Truck refrigeration unit market share include Daikin (Japan), Carrier (U.S.), Thermo King (U.S.), Denso (Japan), Webasto (Germany), Mobile Climate Control (Sweden), Subros (India), Sanden (Japan), Klinge (U.S.), and Utility Trailer (U.S.), and others.

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The Truck refrigeration unit market is segmented into type, industry, bus length, trailer size, end user, and region. By type, it is bifurcated into roof mount and split. On the basis of industry, it is classified into Frozen Food, Pharma & Chemical, and Ambulance & Passenger Transport. On the basis of bus length it is classified as 12m. By trailer size it can be segmented into 20 and 40ft. On the basis of end user it is divided into food, pharmaceutical, chemical industry, and plants/ flowers industry. By region, the truck refrigeration unit market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

TRUCK REFRIGERATION UNIT MARKET KEY SEGMENTS

By Type
Roof Mount
Split

By Industry
Frozen Food
Pharma & Chemical
Ambulance & Passenger Transport

By Bus Length
12m

By Trailer Size
20ft
40ft

By End User
Food
Pharmaceutical
Chemical Industry
Plants/ Flowers

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