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PUBLISHER: KBV Research | PRODUCT CODE: 1462117
PUBLISHER: KBV Research | PRODUCT CODE: 1462117
Europe Truck Refrigeration Unit Market Size, Share & Trends Analysis Report By Type (Split, and Roof Mount), By Trailer size, By End-user (Food, Pharmaceutical, Chemical Industry, and Others), By Country and Growth Forecast, 2023 - 2030
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The Europe Truck Refrigeration Unit Market would witness market growth of 5.9% CAGR during the forecast period (2023-2030).
The Germany market dominated the Europe Truck Refrigeration Unit Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,188.9 Million by 2030. The UK market is exhibiting a CAGR of 5% during (2023 - 2030). Additionally, The France market would experience a CAGR of 6.7% during (2023 - 2030).
The food and beverage industry is a cornerstone of the market, representing a vast domain encompassing transporting perishable goods, frozen products, and fresh produce. The growing food and beverage industry translates to an increasing demand for TRU. As per the data from the State Council of the Government of China, the food industry experienced consistent growth in production and sales during the first half of the year 2022.
The retail sales of grain, oil, and food reached 903.18 billion yuan, reflecting a year-on-year increase of 9.9%. Likewise, as per Eurostat, the accommodation and food services sector recorded a value-added of €146.4 billion in the EU in 2020. Refrigeration units significantly contribute to extending the shelf life of perishable goods. By creating an environment that slows down the natural degradation processes, these units allow for a more extended window between production and consumption.
The rise of TRU is directly impacted by the growing demand in the UK food and beverage industry. As per the data from the Government of the United Kingdom, in terms of gross value added (GVA), beverages were the largest manufacturing category with a value of £6.5 billion in 2021. It contributed 21.4% to the total food and drink manufacturing GVA. The other food products category was the second largest, valued at £6.3 billion in the same year, contributing 20.6% to the total food and drink manufacturing GVA. Thus, with Europe's rising chemical and food & beverage sectors, the regional TRU market will expand rapidly.
Based on Type, the market is segmented into Split, and Roof Mount. Based on Trailer size, the market is segmented into Below 20ft, 20-40ft, and Above 40ft. Based on End-user, the market is segmented into Food, Pharmaceutical, Chemical Industry, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- Denso Corporation
- Webasto Group
- Klinge Corporation
- Carrier g Corporation
- Trane Technologies PLC (Thermo King)
- Daikin Industries, Ltd.
- Mitsubishi Heavy Industries Ltd.
- Subros Limited
- Arctic Traveler Canada (Advanced Temperature Control)
- Utility Trailer Manufacturing Company, LLC
Europe Truck Refrigeration Unit Market Report Segmentation
By Type
- Split
- Roof Mount
By Trailer size
- Below 20ft
- 20-40ft
- Above 40ft
By End User
- Food
- Pharmaceutical
- Chemical Industry
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
Chapter 1.Market Scope & Methodology
- 1.1Market Definition
- 1.2Objectives
- 1.3Market Scope
- 1.4Segmentation
- 1.4.1Europe Truck Refrigeration Unit Market, by Type
- 1.4.2Europe Truck Refrigeration Unit Market, by Trailer size
- 1.4.3Europe Truck Refrigeration Unit Market, by End User
- 1.4.4Europe Truck Refrigeration Unit Market, by Country
- 1.5Methodology for the research
Chapter 2.Market at a Glance
- 2.1Key Highlights
Chapter 3.Market Overview
- 3.1Introduction
- 3.1.1Overview
- 3.1.1.1Market Composition and Scenario
- 3.1.1Overview
- 3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Opportunities
- 3.2.3Market Restraints
- 3.2.4Market Challenges
Chapter 4.Competition Analysis - Global
- 4.1KBV Cardinal Matrix
- 4.2Recent Industry Wide Strategic Developments
- 4.2.1Partnerships, Collaborations and Agreements
- 4.2.2Product Launches and Product Expansions
- 4.2.3Acquisition and Mergers
- 4.2.4Geographical Expansions
- 4.3Top Winning Strategies
- 4.3.1Key Leading Strategies: Percentage Distribution (2019-2023)
- 4.3.2Key Strategic Move: (Product Launches and Product Expansions : 2021, Feb - 2024, Feb) Leading Players
- 4.4Porter's Five Forces Analysis
Chapter 5.Europe Truck Refrigeration Unit Market by Type
- 5.1Europe Split Market by Country
- 5.2Europe Roof Mount Market by Country
Chapter 6.Europe Truck Refrigeration Unit Market by Trailer size
- 6.1Europe Below 20ft Market by Country
- 6.2Europe 20-40ft Market by Country
- 6.3Europe Above 40ft Market by Country
Chapter 7.Europe Truck Refrigeration Unit Market by End-user
- 7.1Europe Food Market by Country
- 7.2Europe Pharmaceutical Market by Country
- 7.3Europe Chemical Industry Market by Country
- 7.4Europe Others Market by Country
Chapter 8.Europe Truck Refrigeration Unit Market by Country
- 8.1Germany Truck Refrigeration Unit Market
- 8.1.1Germany Truck Refrigeration Unit Market by Type
- 8.1.2Germany Truck Refrigeration Unit Market by Trailer size
- 8.1.3Germany Truck Refrigeration Unit Market by End-user
- 8.2UK Truck Refrigeration Unit Market
- 8.2.1UK Truck Refrigeration Unit Market by Type
- 8.2.2UK Truck Refrigeration Unit Market by Trailer size
- 8.2.3UK Truck Refrigeration Unit Market by End-user
- 8.3France Truck Refrigeration Unit Market
- 8.3.1France Truck Refrigeration Unit Market by Type
- 8.3.2France Truck Refrigeration Unit Market by Trailer size
- 8.3.3France Truck Refrigeration Unit Market by End-user
- 8.4Russia Truck Refrigeration Unit Market
- 8.4.1Russia Truck Refrigeration Unit Market by Type
- 8.4.2Russia Truck Refrigeration Unit Market by Trailer size
- 8.4.3Russia Truck Refrigeration Unit Market by End-user
- 8.5Spain Truck Refrigeration Unit Market
- 8.5.1Spain Truck Refrigeration Unit Market by Type
- 8.5.2Spain Truck Refrigeration Unit Market by Trailer size
- 8.5.3Spain Truck Refrigeration Unit Market by End-user
- 8.6Italy Truck Refrigeration Unit Market
- 8.6.1Italy Truck Refrigeration Unit Market by Type
- 8.6.2Italy Truck Refrigeration Unit Market by Trailer size
- 8.6.3Italy Truck Refrigeration Unit Market by End-user
- 8.7Rest of Europe Truck Refrigeration Unit Market
- 8.7.1Rest of Europe Truck Refrigeration Unit Market by Type
- 8.7.2Rest of Europe Truck Refrigeration Unit Market by Trailer size
- 8.7.3Rest of Europe Truck Refrigeration Unit Market by End-user
Chapter 9.Company Profiles
- 9.1Denso Corporation
- 9.1.1Company Overview
- 9.1.2Financial Analysis
- 9.1.3Regional Analysis
- 9.1.4Recent strategies and developments:
- 9.1.4.1Product Launches and Product Expansions:
- 9.1.5SWOT Analysis
- 9.2Webasto Group
- 9.2.1Company Overview
- 9.2.2Recent strategies and developments:
- 9.2.2.1Product Launches and Product Expansions:
- 9.2.3SWOT Analysis
- 9.3Klinge Corporation
- 9.3.1Company Overview
- 9.4Carrier Global Corporation
- 9.4.1Company Overview
- 9.4.2Financial Analysis
- 9.4.3Segmental and Regional Analysis
- 9.4.4Research & Development Expenses
- 9.4.5Recent strategies and developments:
- 9.4.5.1Partnerships, Collaborations, and Agreements:
- 9.4.5.2Product Launches and Product Expansions:
- 9.4.5.3Geographical Expansions:
- 9.4.6SWOT Analysis
- 9.5Trane Technologies PLC (Thermo King)
- 9.5.1Company Overview
- 9.5.2Financial Analysis
- 9.5.3Segmental Analysis
- 9.5.4Research & Development Expenses
- 9.5.5Recent strategies and developments:
- 9.5.5.1Product Launches and Product Expansions:
- 9.5.6SWOT Analysis
- 9.6Daikin Industries, Ltd.
- 9.6.1Company Overview
- 9.6.2Financial Analysis
- 9.6.3Segmental and Regional Analysis
- 9.6.4Research & Development Expenses
- 9.6.5Recent strategies and developments:
- 9.6.5.1Product Launches and Product Expansions:
- 9.6.5.2Acquisition and Mergers:
- 9.6.5.3Geographical Expansions:
- 9.6.6SWOT Analysis
- 9.7Mitsubishi Heavy Industries Ltd.
- 9.7.1Company Overview
- 9.7.2Financial Analysis
- 9.7.3Segmental Analysis
- 9.7.4Research & Development Expenses
- 9.7.5Recent strategies and developments:
- 9.7.5.1Product Launches and Product Expansions:
- 9.7.6SWOT Analysis
- 9.8Subros Limited
- 9.8.1Company Overview
- 9.8.2Financial Analysis
- 9.8.3Research & Development Expenses
- 9.8.4SWOT Analysis
- 9.9Arctic Traveler Canada (Advanced Temperature Control)
- 9.9.1Company Overview
- 9.9.2SWOT Analysis
- 9.10.Utility Trailer Manufacturing Company, LLC
- 9.10.1Company Overview
LIST OF TABLES
- TABLE 1Europe Truck Refrigeration Unit Market, 2019 - 2022, USD Million
- TABLE 2Europe Truck Refrigeration Unit Market, 2023 - 2030, USD Million
- TABLE 3Partnerships, Collaborations and Agreements- Truck Refrigeration Unit Market
- TABLE 4Product Launches And Product Expansions- Truck Refrigeration Unit Market
- TABLE 5Acquisition and Mergers- Truck Refrigeration Unit Market
- TABLE 6Geographical Expansions - Truck Refrigeration Unit Market
- TABLE 7Europe Truck Refrigeration Unit Market by Type, 2019 - 2022, USD Million
- TABLE 8Europe Truck Refrigeration Unit Market by Type, 2023 - 2030, USD Million
- TABLE 9Europe Split Market by Country, 2019 - 2022, USD Million
- TABLE 10Europe Split Market by Country, 2023 - 2030, USD Million
- TABLE 11Europe Roof Mount Market by Country, 2019 - 2022, USD Million
- TABLE 12Europe Roof Mount Market by Country, 2023 - 2030, USD Million
- TABLE 13Europe Truck Refrigeration Unit Market by Trailer size, 2019 - 2022, USD Million
- TABLE 14Europe Truck Refrigeration Unit Market by Trailer size, 2023 - 2030, USD Million
- TABLE 15Europe Below 20ft Market by Country, 2019 - 2022, USD Million
- TABLE 16Europe Below 20ft Market by Country, 2023 - 2030, USD Million
- TABLE 17Europe 20-40ft Market by Country, 2019 - 2022, USD Million
- TABLE 18Europe 20-40ft Market by Country, 2023 - 2030, USD Million
- TABLE 19Europe Above 40ft Market by Country, 2019 - 2022, USD Million
- TABLE 20Europe Above 40ft Market by Country, 2023 - 2030, USD Million
- TABLE 21Europe Truck Refrigeration Unit Market by End-user, 2019 - 2022, USD Million
- TABLE 22Europe Truck Refrigeration Unit Market by End-user, 2023 - 2030, USD Million
- TABLE 23Europe Food Market by Country, 2019 - 2022, USD Million
- TABLE 24Europe Food Market by Country, 2023 - 2030, USD Million
- TABLE 25Europe Pharmaceutical Market by Country, 2019 - 2022, USD Million
- TABLE 26Europe Pharmaceutical Market by Country, 2023 - 2030, USD Million
- TABLE 27Europe Chemical Industry Market by Country, 2019 - 2022, USD Million
- TABLE 28Europe Chemical Industry Market by Country, 2023 - 2030, USD Million
- TABLE 29Europe Others Market by Country, 2019 - 2022, USD Million
- TABLE 30Europe Others Market by Country, 2023 - 2030, USD Million
- TABLE 31Europe Truck Refrigeration Unit Market by Country, 2019 - 2022, USD Million
- TABLE 32Europe Truck Refrigeration Unit Market by Country, 2023 - 2030, USD Million
- TABLE 33Germany Truck Refrigeration Unit Market, 2019 - 2022, USD Million
- TABLE 34Germany Truck Refrigeration Unit Market, 2023 - 2030, USD Million
- TABLE 35Germany Truck Refrigeration Unit Market by Type, 2019 - 2022, USD Million
- TABLE 36Germany Truck Refrigeration Unit Market by Type, 2023 - 2030, USD Million
- TABLE 37Germany Truck Refrigeration Unit Market by Trailer size, 2019 - 2022, USD Million
- TABLE 38Germany Truck Refrigeration Unit Market by Trailer size, 2023 - 2030, USD Million
- TABLE 39Germany Truck Refrigeration Unit Market by End-user, 2019 - 2022, USD Million
- TABLE 40Germany Truck Refrigeration Unit Market by End-user, 2023 - 2030, USD Million
- TABLE 41UK Truck Refrigeration Unit Market, 2019 - 2022, USD Million
- TABLE 42UK Truck Refrigeration Unit Market, 2023 - 2030, USD Million
- TABLE 43UK Truck Refrigeration Unit Market by Type, 2019 - 2022, USD Million
- TABLE 44UK Truck Refrigeration Unit Market by Type, 2023 - 2030, USD Million
- TABLE 45UK Truck Refrigeration Unit Market by Trailer size, 2019 - 2022, USD Million
- TABLE 46UK Truck Refrigeration Unit Market by Trailer size, 2023 - 2030, USD Million
- TABLE 47UK Truck Refrigeration Unit Market by End-user, 2019 - 2022, USD Million
- TABLE 48UK Truck Refrigeration Unit Market by End-user, 2023 - 2030, USD Million
- TABLE 49France Truck Refrigeration Unit Market, 2019 - 2022, USD Million
- TABLE 50France Truck Refrigeration Unit Market, 2023 - 2030, USD Million
- TABLE 51France Truck Refrigeration Unit Market by Type, 2019 - 2022, USD Million
- TABLE 52France Truck Refrigeration Unit Market by Type, 2023 - 2030, USD Million
- TABLE 53France Truck Refrigeration Unit Market by Trailer size, 2019 - 2022, USD Million
- TABLE 54France Truck Refrigeration Unit Market by Trailer size, 2023 - 2030, USD Million
- TABLE 55France Truck Refrigeration Unit Market by End-user, 2019 - 2022, USD Million
- TABLE 56France Truck Refrigeration Unit Market by End-user, 2023 - 2030, USD Million
- TABLE 57Russia Truck Refrigeration Unit Market, 2019 - 2022, USD Million
- TABLE 58Russia Truck Refrigeration Unit Market, 2023 - 2030, USD Million
- TABLE 59Russia Truck Refrigeration Unit Market by Type, 2019 - 2022, USD Million
- TABLE 60Russia Truck Refrigeration Unit Market by Type, 2023 - 2030, USD Million
- TABLE 61Russia Truck Refrigeration Unit Market by Trailer size, 2019 - 2022, USD Million
- TABLE 62Russia Truck Refrigeration Unit Market by Trailer size, 2023 - 2030, USD Million
- TABLE 63Russia Truck Refrigeration Unit Market by End-user, 2019 - 2022, USD Million
- TABLE 64Russia Truck Refrigeration Unit Market by End-user, 2023 - 2030, USD Million
- TABLE 65Spain Truck Refrigeration Unit Market, 2019 - 2022, USD Million
- TABLE 66Spain Truck Refrigeration Unit Market, 2023 - 2030, USD Million
- TABLE 67Spain Truck Refrigeration Unit Market by Type, 2019 - 2022, USD Million
- TABLE 68Spain Truck Refrigeration Unit Market by Type, 2023 - 2030, USD Million
- TABLE 69Spain Truck Refrigeration Unit Market by Trailer size, 2019 - 2022, USD Million
- TABLE 70Spain Truck Refrigeration Unit Market by Trailer size, 2023 - 2030, USD Million
- TABLE 71Spain Truck Refrigeration Unit Market by End-user, 2019 - 2022, USD Million
- TABLE 72Spain Truck Refrigeration Unit Market by End-user, 2023 - 2030, USD Million
- TABLE 73Italy Truck Refrigeration Unit Market, 2019 - 2022, USD Million
- TABLE 74Italy Truck Refrigeration Unit Market, 2023 - 2030, USD Million
- TABLE 75Italy Truck Refrigeration Unit Market by Type, 2019 - 2022, USD Million
- TABLE 76Italy Truck Refrigeration Unit Market by Type, 2023 - 2030, USD Million
- TABLE 77Italy Truck Refrigeration Unit Market by Trailer size, 2019 - 2022, USD Million
- TABLE 78Italy Truck Refrigeration Unit Market by Trailer size, 2023 - 2030, USD Million
- TABLE 79Italy Truck Refrigeration Unit Market by End-user, 2019 - 2022, USD Million
- TABLE 80Italy Truck Refrigeration Unit Market by End-user, 2023 - 2030, USD Million
- TABLE 81Rest of Europe Truck Refrigeration Unit Market, 2019 - 2022, USD Million
- TABLE 82Rest of Europe Truck Refrigeration Unit Market, 2023 - 2030, USD Million
- TABLE 83Rest of Europe Truck Refrigeration Unit Market by Type, 2019 - 2022, USD Million
- TABLE 84Rest of Europe Truck Refrigeration Unit Market by Type, 2023 - 2030, USD Million
- TABLE 85Rest of Europe Truck Refrigeration Unit Market by Trailer size, 2019 - 2022, USD Million
- TABLE 86Rest of Europe Truck Refrigeration Unit Market by Trailer size, 2023 - 2030, USD Million
- TABLE 87Rest of Europe Truck Refrigeration Unit Market by End-user, 2019 - 2022, USD Million
- TABLE 88Rest of Europe Truck Refrigeration Unit Market by End-user, 2023 - 2030, USD Million
- TABLE 89Key Information - Denso Corporation
- TABLE 90Key Information - Webasto Group
- TABLE 91Key Information - Klinge Corporation
- TABLE 92Key Information - Carrier Global Corporation
- TABLE 93Key Information - Trane Technologies PLC
- TABLE 94Key information - Daikin Industries, Ltd.
- TABLE 95Key Information - Mitsubishi Heavy Industries Ltd.
- TABLE 96Key Information - Subros Limited
- TABLE 97Key Information - Arctic Traveler Canada
- TABLE 98Key Information - Utility Trailer Manufacturing Company, LLC
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