Trailer Refrigeration Equipment Market Size, Share 2023

Trailer Refrigeration Equipment Market Size, Share 2023

Aug 23, 2023

The global Trailer Refrigeration Equipment market was valued at US$ 1993.5 million in 2022 and is projected to reach US$ 2367.7 million by 2029, at a CAGR of 2.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The USA market for Global Trailer Refrigeration Equipment market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

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- Research Methodology

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The China market for Global Trailer Refrigeration Equipment market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

The Europe market for Global Trailer Refrigeration Equipment market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

Trailer refrigeration system installed on a trailer which designed to carry perishable freight at specific temperatures.

This report aims to provide a comprehensive presentation of the global market for Trailer 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 Trailer Refrigeration Equipment. This report contains market size and forecasts of Trailer Refrigeration Equipment in global, including the following market information:

  • Global Trailer Refrigeration Equipment Market Revenue, 2018-2023, 2024-2029, ($ millions)

  • Global Trailer Refrigeration Equipment Market Sales, 2018-2023, 2024-2029, (K Units)

  • Global top five Trailer Refrigeration Equipment companies in 2022 (%)

North America is the largest market, with a share over 40%, followed by Europe and Asia-Pacific, both have a share over 30% percent.

In terms of product, Single Temperature is the largest segment, with a share over 50%. And in terms of application, the largest application is Fruits & Vegetables followed by Meat & Sea Food.

We surveyed the Trailer Refrigeration Equipment manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks. Total Market by Segment:

Global Trailer Refrigeration Equipment Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Trailer Refrigeration Equipment Market Segment Percentages, by Type, 2022 (%)

  • Single Temperature Type

  • Multi-Temperature Type

Global Trailer Refrigeration Equipment Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Trailer Refrigeration Equipment Market Segment Percentages, by Application, 2022 (%)

  • Meat & Sea Food

  • Fruits & Vegetables

  • Dairy

  • Others

Global Trailer Refrigeration Equipment Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Trailer Refrigeration Equipment Market Segment Percentages, By Region and Country, 2022 (%)