North America 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

The North America Truck Refrigeration Unit Market would witness market growth of 5.5% CAGR during the forecast period (2023-2030).

The US market dominated the North America Truck Refrigeration Unit Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $4,180.7 Million by 2030. The Canada market is experiencing a CAGR of 7.9% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 6.9% during (2023 - 2030).

Refrigeration units designed for these industries carefully regulate humidity levels, ensuring the longevity of the transported goods. In addition, the retail sector, including supermarket chains and grocery stores, heavily depends on the TRU market to facilitate the smooth and uninterrupted flow of perishable goods from distribution centers to retail outlets. The efficiency of refrigeration units directly influences the freshness of products on display, impacting consumer preferences and brand reputation.

 The efficiency of refrigeration units directly influences the freshness and overall quality of products displayed in retail outlets. Consumers associate the visual appeal and freshness of perishable goods with the reputation of the retailer and the brand. Well-maintained refrigeration units preserve color, texture, and flavor, enhancing the consumer experience and fostering trust in the retailer's commitment to delivering high-quality products.

With an uptick in demand for chemical products, there will likely be a corresponding increase in the transportation of these goods across Mexico. As per the Government of Mexico, in 2022, the trade exchange (including international purchases and sales) of Chemical Products was US$61.9B. In 2022, the states with the most international sales in Chemical Products were Ciudad de México (US$3.06B), Estado de México (US$2.68B), Nuevo León (US$1.98B), Guanajuato (US$1.13B), and Baja California (US$1.07B). Thus, North America's rising food & beverage and chemical sectors will boost the demand for TRU in the region.

Free Valuable Insights: The Truck Refrigeration Unit Market is Predict to reach USD 19.8 Billion by 2030, at a CAGR of 6.1%

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 U.S., Mexico, Canada, and Rest of North America.

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

North America 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

• US
• Canada
• Mexico
• Rest of North America

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Truck Refrigeration Unit Market, by Type
1.4.2 North America Truck Refrigeration Unit Market, by Trailer size
1.4.3 North America Truck Refrigeration Unit Market, by End User
1.4.4 North America Truck Refrigeration Unit Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Opportunities
3.2.3 Market Restraints
3.2.4 Market Challenges

Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.2.4 Geographical Expansions
4.3 Top Winning Strategies
4.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2021, Feb – 2024, Feb) Leading Players
4.4 Porter’s Five Forces Analysis

Chapter 5. North America Truck Refrigeration Unit Market by Type
5.1 North America Split Market by Country
5.2 North America Roof Mount Market by Country

Chapter 6. North America Truck Refrigeration Unit Market by Trailer size
6.1 North America Below 20ft Market by Country
6.2 North America 20-40ft Market by Country
6.3 North America Above 40ft Market by Country

Chapter 7. North America Truck Refrigeration Unit Market by End-user
7.1 North America Food Market by Country
7.2 North America Pharmaceutical Market by Country
7.3 North America Chemical Industry Market by Country
7.4 North America Others Market by Country

Chapter 8. North America Truck Refrigeration Unit Market by Country
8.1 US Truck Refrigeration Unit Market
8.1.1 US Truck Refrigeration Unit Market by Type
8.1.2 US Truck Refrigeration Unit Market by Trailer size
8.1.3 US Truck Refrigeration Unit Market by End-user
8.2 Canada Truck Refrigeration Unit Market
8.2.1 Canada Truck Refrigeration Unit Market by Type
8.2.2 Canada Truck Refrigeration Unit Market by Trailer size
8.2.3 Canada Truck Refrigeration Unit Market by End-user
8.3 Mexico Truck Refrigeration Unit Market
8.3.1 Mexico Truck Refrigeration Unit Market by Type
8.3.2 Mexico Truck Refrigeration Unit Market by Trailer size
8.3.3 Mexico Truck Refrigeration Unit Market by End-user
8.4 Rest of North America Truck Refrigeration Unit Market
8.4.1 Rest of North America Truck Refrigeration Unit Market by Type
8.4.2 Rest of North America Truck Refrigeration Unit Market by Trailer size
8.4.3 Rest of North America Truck Refrigeration Unit Market by End-user

Chapter 9. Company Profiles
9.1 Denso Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Regional Analysis
9.1.4 Recent strategies and developments:
9.1.4.1 Product Launches and Product Expansions:
9.1.5 SWOT Analysis
9.2 Webasto Group
9.2.1 Company Overview
9.2.2 Recent strategies and developments:
9.2.2.1 Product Launches and Product Expansions:
9.2.3 SWOT Analysis
9.3 Klinge Corporation
9.3.1 Company Overview
9.4 Carrier Global Corporation
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.5.2 Product Launches and Product Expansions:
9.4.5.3 Geographical Expansions:
9.4.6 SWOT Analysis
9.5 Trane Technologies PLC (Thermo King)
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental Analysis
9.5.4 Research & Development Expenses
9.5.5 Recent strategies and developments:
9.5.5.1 Product Launches and Product Expansions:
9.5.6 SWOT Analysis
9.6 Daikin Industries, Ltd.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Product Launches and Product Expansions:
9.6.5.2 Acquisition and Mergers:
9.6.5.3 Geographical Expansions:
9.6.6 SWOT Analysis
9.7 Mitsubishi Heavy Industries Ltd.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental Analysis
9.7.4 Research & Development Expenses
9.7.5 Recent strategies and developments:
9.7.5.1 Product Launches and Product Expansions:
9.7.6 SWOT Analysis
9.8 Subros Limited
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Research & Development Expenses
9.8.4 SWOT Analysis
9.9 Arctic Traveler Canada (Advanced Temperature Control)
9.9.1 Company Overview
9.9.2 SWOT Analysis
9.10. Utility Trailer Manufacturing Company, LLC
9.10.1 Company Overview

TABLE 1 North America Truck Refrigeration Unit Market, 2019 - 2022, USD Million
TABLE 2 North America Truck Refrigeration Unit Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Truck Refrigeration Unit Market
TABLE 4 Product Launches And Product Expansions– Truck Refrigeration Unit Market
TABLE 5 Acquisition and Mergers– Truck Refrigeration Unit Market
TABLE 6 Geographical Expansions – Truck Refrigeration Unit Market
TABLE 7 North America Truck Refrigeration Unit Market by Type, 2019 - 2022, USD Million
TABLE 8 North America Truck Refrigeration Unit Market by Type, 2023 - 2030, USD Million
TABLE 9 North America Split Market by Country, 2019 - 2022, USD Million
TABLE 10 North America Split Market by Country, 2023 - 2030, USD Million
TABLE 11 North America Roof Mount Market by Country, 2019 - 2022, USD Million
TABLE 12 North America Roof Mount Market by Country, 2023 - 2030, USD Million
TABLE 13 North America Truck Refrigeration Unit Market by Trailer size, 2019 - 2022, USD Million
TABLE 14 North America Truck Refrigeration Unit Market by Trailer size, 2023 - 2030, USD Million
TABLE 15 North America Below 20ft Market by Country, 2019 - 2022, USD Million
TABLE 16 North America Below 20ft Market by Country, 2023 - 2030, USD Million
TABLE 17 North America 20-40ft Market by Country, 2019 - 2022, USD Million
TABLE 18 North America 20-40ft Market by Country, 2023 - 2030, USD Million
TABLE 19 North America Above 40ft Market by Country, 2019 - 2022, USD Million
TABLE 20 North America Above 40ft Market by Country, 2023 - 2030, USD Million
TABLE 21 North America Truck Refrigeration Unit Market by End-user, 2019 - 2022, USD Million
TABLE 22 North America Truck Refrigeration Unit Market by End-user, 2023 - 2030, USD Million
TABLE 23 North America Food Market by Country, 2019 - 2022, USD Million
TABLE 24 North America Food Market by Country, 2023 - 2030, USD Million
TABLE 25 North America Pharmaceutical Market by Country, 2019 - 2022, USD Million
TABLE 26 North America Pharmaceutical Market by Country, 2023 - 2030, USD Million
TABLE 27 North America Chemical Industry Market by Country, 2019 - 2022, USD Million
TABLE 28 North America Chemical Industry Market by Country, 2023 - 2030, USD Million
TABLE 29 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 30 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 31 North America Truck Refrigeration Unit Market by Country, 2019 - 2022, USD Million
TABLE 32 North America Truck Refrigeration Unit Market by Country, 2023 - 2030, USD Million
TABLE 33 US Truck Refrigeration Unit Market, 2019 - 2022, USD Million
TABLE 34 US Truck Refrigeration Unit Market, 2023 - 2030, USD Million
TABLE 35 US Truck Refrigeration Unit Market by Type, 2019 - 2022, USD Million
TABLE 36 US Truck Refrigeration Unit Market by Type, 2023 - 2030, USD Million
TABLE 37 US Truck Refrigeration Unit Market by Trailer size, 2019 - 2022, USD Million
TABLE 38 US Truck Refrigeration Unit Market by Trailer size, 2023 - 2030, USD Million
TABLE 39 US Truck Refrigeration Unit Market by End-user, 2019 - 2022, USD Million
TABLE 40 US Truck Refrigeration Unit Market by End-user, 2023 - 2030, USD Million
TABLE 41 Canada Truck Refrigeration Unit Market, 2019 - 2022, USD Million
TABLE 42 Canada Truck Refrigeration Unit Market, 2023 - 2030, USD Million
TABLE 43 Canada Truck Refrigeration Unit Market by Type, 2019 - 2022, USD Million
TABLE 44 Canada Truck Refrigeration Unit Market by Type, 2023 - 2030, USD Million
TABLE 45 Canada Truck Refrigeration Unit Market by Trailer size, 2019 - 2022, USD Million
TABLE 46 Canada Truck Refrigeration Unit Market by Trailer size, 2023 - 2030, USD Million
TABLE 47 Canada Truck Refrigeration Unit Market by End-user, 2019 - 2022, USD Million
TABLE 48 Canada Truck Refrigeration Unit Market by End-user, 2023 - 2030, USD Million
TABLE 49 Mexico Truck Refrigeration Unit Market, 2019 - 2022, USD Million
TABLE 50 Mexico Truck Refrigeration Unit Market, 2023 - 2030, USD Million
TABLE 51 Mexico Truck Refrigeration Unit Market by Type, 2019 - 2022, USD Million
TABLE 52 Mexico Truck Refrigeration Unit Market by Type, 2023 - 2030, USD Million
TABLE 53 Mexico Truck Refrigeration Unit Market by Trailer size, 2019 - 2022, USD Million
TABLE 54 Mexico Truck Refrigeration Unit Market by Trailer size, 2023 - 2030, USD Million
TABLE 55 Mexico Truck Refrigeration Unit Market by End-user, 2019 - 2022, USD Million
TABLE 56 Mexico Truck Refrigeration Unit Market by End-user, 2023 - 2030, USD Million
TABLE 57 Rest of North America Truck Refrigeration Unit Market, 2019 - 2022, USD Million
TABLE 58 Rest of North America Truck Refrigeration Unit Market, 2023 - 2030, USD Million
TABLE 59 Rest of North America Truck Refrigeration Unit Market by Type, 2019 - 2022, USD Million
TABLE 60 Rest of North America Truck Refrigeration Unit Market by Type, 2023 - 2030, USD Million
TABLE 61 Rest of North America Truck Refrigeration Unit Market by Trailer size, 2019 - 2022, USD Million
TABLE 62 Rest of North America Truck Refrigeration Unit Market by Trailer size, 2023 - 2030, USD Million
TABLE 63 Rest of North America Truck Refrigeration Unit Market by End-user, 2019 - 2022, USD Million
TABLE 64 Rest of North America Truck Refrigeration Unit Market by End-user, 2023 - 2030, USD Million
TABLE 65 Key Information – Denso Corporation
TABLE 66 Key Information – Webasto Group
TABLE 67 Key Information – Klinge Corporation
TABLE 68 Key Information – Carrier Global Corporation
TABLE 69 Key Information – Trane Technologies PLC
TABLE 70 Key information – Daikin Industries, Ltd.
TABLE 71 Key Information – Mitsubishi Heavy Industries Ltd.
TABLE 72 Key Information – Subros Limited
TABLE 73 Key Information – Arctic Traveler Canada
TABLE 74 Key Information – Utility Trailer Manufacturing Company, LLC

List of Figures
FIG 1 Methodology for the research
FIG 2 North America Truck Refrigeration Unit Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Truck Refrigeration Unit Market
FIG 4 KBV Cardinal Matrix
FIG 5 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 6 Key Strategic Move: (Product Launches and Product Expansions : 2021, Feb – 2024, Feb) Leading Players
FIG 7 Porter’s Five Forces Analysis - Truck Refrigeration Unit Market
FIG 8 North America Truck Refrigeration Unit Market share by Type, 2022
FIG 9 North America Truck Refrigeration Unit Market share by Type, 2030
FIG 10 North America Truck Refrigeration Unit Market by Type, 2019 - 2030, USD Million
FIG 11 North America Truck Refrigeration Unit Market share by Trailer size, 2022
FIG 12 North America Truck Refrigeration Unit Market share by Trailer size, 2030
FIG 13 North America Truck Refrigeration Unit Market by Trailer size, 2019 - 2030, USD Million
FIG 14 North America Truck Refrigeration Unit Market share by End-user, 2022
FIG 15 North America Truck Refrigeration Unit Market share by End-user, 2030
FIG 16 North America Truck Refrigeration Unit Market by End-user, 2019 - 2030, USD Million
FIG 17 North America Truck Refrigeration Unit Market share by Country, 2022
FIG 18 North America Truck Refrigeration Unit Market share by Country, 2030
FIG 19 North America Truck Refrigeration Unit Market by Country, 2019 - 2030, USD Million
FIG 20 SWOT Analysis: Denso Corporation
FIG 21 SWOT Analysis: Webasto Group
FIG 22 Recent strategies and developments: Carrier Global Corporation
FIG 23 Swot Analysis: Carrier Global Corporation
FIG 24 Swot Analysis: Trane Technologies PLC
FIG 25 Recent strategies and developments: Daikin Industries, Ltd.
FIG 26 Swot Analysis: Daikin Industries, Ltd.
FIG 27 Swot Analysis: Mitsubishi Heavy Industries Ltd.
FIG 28 Swot Analysis: Subros Limited
FIG 29 Swot Analysis: Arctic Traveler Canada