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PUBLISHER: KBV Research | PRODUCT CODE: 1462119
PUBLISHER: KBV Research | PRODUCT CODE: 1462119
LAMEA 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 Latin America, Middle East and Africa Truck Refrigeration Unit Market would witness market growth of 7.7% CAGR during the forecast period (2023-2030).
The Brazil market dominated the LAMEA Truck Refrigeration Unit Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $376.2 Million by 2030. The Argentina market is showcasing a CAGR of 8.2% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 7.4% during (2023 - 2030).
The growing prominence of biotechnology and healthcare products, including biologics and diagnostic specimens, has expanded the scope of the TRU market. These specialized applications require refrigeration units with advanced temperature monitoring and control features to guarantee sensitive biological materials' safe and secure transport. Unlike traditional refrigeration units used for general perishable goods, those catering to biologics and diagnostic specimens require advanced features to meet the stringent requirements of the healthcare industry.
Additionally, floral, and horticultural industries rely on the TRU market to extend the shelf life and vibrancy of flowers, plants, and other products. Refrigeration units designed for these applications incorporate humidity control features, ensuring that the delicate balance of temperature and moisture is maintained to preserve the visual and structural qualities of the transported goods.
With the rising demand, food and beverage companies may expand their distribution networks to reach more consumers across South Africa. This expansion requires more TRU to transport products over longer distances while maintaining optimal temperatures. As per the data from the Government of South Africa, measured in real terms (constant 2019 prices), total income generated by the food and beverages industry increased by 14,9% in February 2023 compared with February 2022. Positive annual growth rates were recorded for bar sales (35,5%) and food sales (13,8%). Thus, with the rise of the food and beverage sector in LAMEA, there will be enhanced growth in the regional market.
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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- Denso Corporation
- Webasto Group
- Klinge Corporation
- Carrier Global 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
LAMEA 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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1.Market Scope & Methodology
- 1.1Market Definition
- 1.2Objectives
- 1.3Market Scope
- 1.4Segmentation
- 1.4.1LAMEA Truck Refrigeration Unit Market, by Type
- 1.4.2LAMEA Truck Refrigeration Unit Market, by Trailer size
- 1.4.3LAMEA Truck Refrigeration Unit Market, by End User
- 1.4.4LAMEA 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.LAMEA Truck Refrigeration Unit Market by Type
- 5.1LAMEA Split Market by Country
- 5.2LAMEA Roof Mount Market by Country
Chapter 6.LAMEA Truck Refrigeration Unit Market by Trailer size
- 6.1LAMEA Below 20ft Market by Country
- 6.2LAMEA 20-40ft Market by Country
- 6.3LAMEA Above 40ft Market by Country
Chapter 7.LAMEA Truck Refrigeration Unit Market by End-user
- 7.1LAMEA Food Market by Country
- 7.2LAMEA Pharmaceutical Market by Country
- 7.3LAMEA Chemical Industry Market by Country
- 7.4LAMEA Others Market by Country
Chapter 8.LAMEA Truck Refrigeration Unit Market by Country
- 8.1Brazil Truck Refrigeration Unit Market
- 8.1.1Brazil Truck Refrigeration Unit Market by Type
- 8.1.2Brazil Truck Refrigeration Unit Market by Trailer size
- 8.1.3Brazil Truck Refrigeration Unit Market by End-user
- 8.2Argentina Truck Refrigeration Unit Market
- 8.2.1Argentina Truck Refrigeration Unit Market by Type
- 8.2.2Argentina Truck Refrigeration Unit Market by Trailer size
- 8.2.3Argentina Truck Refrigeration Unit Market by End-user
- 8.3UAE Truck Refrigeration Unit Market
- 8.3.1UAE Truck Refrigeration Unit Market by Type
- 8.3.2UAE Truck Refrigeration Unit Market by Trailer size
- 8.3.3UAE Truck Refrigeration Unit Market by End-user
- 8.4Saudi Arabia Truck Refrigeration Unit Market
- 8.4.1Saudi Arabia Truck Refrigeration Unit Market by Type
- 8.4.2Saudi Arabia Truck Refrigeration Unit Market by Trailer size
- 8.4.3Saudi Arabia Truck Refrigeration Unit Market by End-user
- 8.5South Africa Truck Refrigeration Unit Market
- 8.5.1South Africa Truck Refrigeration Unit Market by Type
- 8.5.2South Africa Truck Refrigeration Unit Market by Trailer size
- 8.5.3South Africa Truck Refrigeration Unit Market by End-user
- 8.6Nigeria Truck Refrigeration Unit Market
- 8.6.1Nigeria Truck Refrigeration Unit Market by Type
- 8.6.2Nigeria Truck Refrigeration Unit Market by Trailer size
- 8.6.3Nigeria Truck Refrigeration Unit Market by End-user
- 8.7Rest of LAMEA Truck Refrigeration Unit Market
- 8.7.1Rest of LAMEA Truck Refrigeration Unit Market by Type
- 8.7.2Rest of LAMEA Truck Refrigeration Unit Market by Trailer size
- 8.7.3Rest of LAMEA 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 1LAMEA Truck Refrigeration Unit Market, 2019 - 2022, USD Million
- TABLE 2LAMEA 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 7LAMEA Truck Refrigeration Unit Market by Type, 2019 - 2022, USD Million
- TABLE 8LAMEA Truck Refrigeration Unit Market by Type, 2023 - 2030, USD Million
- TABLE 9LAMEA Split Market by Country, 2019 - 2022, USD Million
- TABLE 10LAMEA Split Market by Country, 2023 - 2030, USD Million
- TABLE 11LAMEA Roof Mount Market by Country, 2019 - 2022, USD Million
- TABLE 12LAMEA Roof Mount Market by Country, 2023 - 2030, USD Million
- TABLE 13LAMEA Truck Refrigeration Unit Market by Trailer size, 2019 - 2022, USD Million
- TABLE 14LAMEA Truck Refrigeration Unit Market by Trailer size, 2023 - 2030, USD Million
- TABLE 15LAMEA Below 20ft Market by Country, 2019 - 2022, USD Million
- TABLE 16LAMEA Below 20ft Market by Country, 2023 - 2030, USD Million
- TABLE 17LAMEA 20-40ft Market by Country, 2019 - 2022, USD Million
- TABLE 18LAMEA 20-40ft Market by Country, 2023 - 2030, USD Million
- TABLE 19LAMEA Above 40ft Market by Country, 2019 - 2022, USD Million
- TABLE 20LAMEA Above 40ft Market by Country, 2023 - 2030, USD Million
- TABLE 21LAMEA Truck Refrigeration Unit Market by End-user, 2019 - 2022, USD Million
- TABLE 22LAMEA Truck Refrigeration Unit Market by End-user, 2023 - 2030, USD Million
- TABLE 23LAMEA Food Market by Country, 2019 - 2022, USD Million
- TABLE 24LAMEA Food Market by Country, 2023 - 2030, USD Million
- TABLE 25LAMEA Pharmaceutical Market by Country, 2019 - 2022, USD Million
- TABLE 26LAMEA Pharmaceutical Market by Country, 2023 - 2030, USD Million
- TABLE 27LAMEA Chemical Industry Market by Country, 2019 - 2022, USD Million
- TABLE 28LAMEA Chemical Industry Market by Country, 2023 - 2030, USD Million
- TABLE 29LAMEA Others Market by Country, 2019 - 2022, USD Million
- TABLE 30LAMEA Others Market by Country, 2023 - 2030, USD Million
- TABLE 31LAMEA Truck Refrigeration Unit Market by Country, 2019 - 2022, USD Million
- TABLE 32LAMEA Truck Refrigeration Unit Market by Country, 2023 - 2030, USD Million
- TABLE 33Brazil Truck Refrigeration Unit Market, 2019 - 2022, USD Million
- TABLE 34Brazil Truck Refrigeration Unit Market, 2023 - 2030, USD Million
- TABLE 35Brazil Truck Refrigeration Unit Market by Type, 2019 - 2022, USD Million
- TABLE 36Brazil Truck Refrigeration Unit Market by Type, 2023 - 2030, USD Million
- TABLE 37Brazil Truck Refrigeration Unit Market by Trailer size, 2019 - 2022, USD Million
- TABLE 38Brazil Truck Refrigeration Unit Market by Trailer size, 2023 - 2030, USD Million
- TABLE 39Brazil Truck Refrigeration Unit Market by End-user, 2019 - 2022, USD Million
- TABLE 40Brazil Truck Refrigeration Unit Market by End-user, 2023 - 2030, USD Million
- TABLE 41Argentina Truck Refrigeration Unit Market, 2019 - 2022, USD Million
- TABLE 42Argentina Truck Refrigeration Unit Market, 2023 - 2030, USD Million
- TABLE 43Argentina Truck Refrigeration Unit Market by Type, 2019 - 2022, USD Million
- TABLE 44Argentina Truck Refrigeration Unit Market by Type, 2023 - 2030, USD Million
- TABLE 45Argentina Truck Refrigeration Unit Market by Trailer size, 2019 - 2022, USD Million
- TABLE 46Argentina Truck Refrigeration Unit Market by Trailer size, 2023 - 2030, USD Million
- TABLE 47Argentina Truck Refrigeration Unit Market by End-user, 2019 - 2022, USD Million
- TABLE 48Argentina Truck Refrigeration Unit Market by End-user, 2023 - 2030, USD Million
- TABLE 49UAE Truck Refrigeration Unit Market, 2019 - 2022, USD Million
- TABLE 50UAE Truck Refrigeration Unit Market, 2023 - 2030, USD Million
- TABLE 51UAE Truck Refrigeration Unit Market by Type, 2019 - 2022, USD Million
- TABLE 52UAE Truck Refrigeration Unit Market by Type, 2023 - 2030, USD Million
- TABLE 53UAE Truck Refrigeration Unit Market by Trailer size, 2019 - 2022, USD Million
- TABLE 54UAE Truck Refrigeration Unit Market by Trailer size, 2023 - 2030, USD Million
- TABLE 55UAE Truck Refrigeration Unit Market by End-user, 2019 - 2022, USD Million
- TABLE 56UAE Truck Refrigeration Unit Market by End-user, 2023 - 2030, USD Million
- TABLE 57Saudi Arabia Truck Refrigeration Unit Market, 2019 - 2022, USD Million
- TABLE 58Saudi Arabia Truck Refrigeration Unit Market, 2023 - 2030, USD Million
- TABLE 59Saudi Arabia Truck Refrigeration Unit Market by Type, 2019 - 2022, USD Million
- TABLE 60Saudi Arabia Truck Refrigeration Unit Market by Type, 2023 - 2030, USD Million
- TABLE 61Saudi Arabia Truck Refrigeration Unit Market by Trailer size, 2019 - 2022, USD Million
- TABLE 62Saudi Arabia Truck Refrigeration Unit Market by Trailer size, 2023 - 2030, USD Million
- TABLE 63Saudi Arabia Truck Refrigeration Unit Market by End-user, 2019 - 2022, USD Million
- TABLE 64Saudi Arabia Truck Refrigeration Unit Market by End-user, 2023 - 2030, USD Million
- TABLE 65South Africa Truck Refrigeration Unit Market, 2019 - 2022, USD Million
- TABLE 66South Africa Truck Refrigeration Unit Market, 2023 - 2030, USD Million
- TABLE 67South Africa Truck Refrigeration Unit Market by Type, 2019 - 2022, USD Million
- TABLE 68South Africa Truck Refrigeration Unit Market by Type, 2023 - 2030, USD Million
- TABLE 69South Africa Truck Refrigeration Unit Market by Trailer size, 2019 - 2022, USD Million
- TABLE 70South Africa Truck Refrigeration Unit Market by Trailer size, 2023 - 2030, USD Million
- TABLE 71South Africa Truck Refrigeration Unit Market by End-user, 2019 - 2022, USD Million
- TABLE 72South Africa Truck Refrigeration Unit Market by End-user, 2023 - 2030, USD Million
- TABLE 73Nigeria Truck Refrigeration Unit Market, 2019 - 2022, USD Million
- TABLE 74Nigeria Truck Refrigeration Unit Market, 2023 - 2030, USD Million
- TABLE 75Nigeria Truck Refrigeration Unit Market by Type, 2019 - 2022, USD Million
- TABLE 76Nigeria Truck Refrigeration Unit Market by Type, 2023 - 2030, USD Million
- TABLE 77Nigeria Truck Refrigeration Unit Market by Trailer size, 2019 - 2022, USD Million
- TABLE 78Nigeria Truck Refrigeration Unit Market by Trailer size, 2023 - 2030, USD Million
- TABLE 79Nigeria Truck Refrigeration Unit Market by End-user, 2019 - 2022, USD Million
- TABLE 80Nigeria Truck Refrigeration Unit Market by End-user, 2023 - 2030, USD Million
- TABLE 81Rest of LAMEA Truck Refrigeration Unit Market, 2019 - 2022, USD Million
- TABLE 82Rest of LAMEA Truck Refrigeration Unit Market, 2023 - 2030, USD Million
- TABLE 83Rest of LAMEA Truck Refrigeration Unit Market by Type, 2019 - 2022, USD Million
- TABLE 84Rest of LAMEA Truck Refrigeration Unit Market by Type, 2023 - 2030, USD Million
- TABLE 85Rest of LAMEA Truck Refrigeration Unit Market by Trailer size, 2019 - 2022, USD Million
- TABLE 86Rest of LAMEA Truck Refrigeration Unit Market by Trailer size, 2023 - 2030, USD Million
- TABLE 87Rest of LAMEA Truck Refrigeration Unit Market by End-user, 2019 - 2022, USD Million
- TABLE 88Rest of LAMEA 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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