Truck Refrigeration Unit Market Size worth $8.83 billion by 2030
The Truck refrigeration unit industry is projected to grow from USD 6.83 billion in 2024 to USD 8.83 billion by 2030, at a CAGR of 4.4%. The growth of this market is primarily driven by the rising demand for perishable goods as consumer preferences for fresh produce, dairy, and pharmaceuticals continue to increase, leading to increased global trade.
The independent refrigeration units, which are...
Truck Refrigeration Unit Market Demand & Growth Report by 2025
The truck refrigeration unit market is estimated to be USD 10.5 billion in 2018 and is projected to reach USD 15.0 billion by 2025, at a CAGR of 5.21%. The growing LCV sales worldwide and increasing demand for frozen and chilled goods all over the world are projected to drive the truck refrigeration unit market.
The 8–12 meter segment is estimated to be the largest bus refrigeration unit market,...