Asia Pacific 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 Asia Pacific Truck Refrigeration Unit Market would witness market growth of 6.5% CAGR during the forecast period (2023-2030).

The China market dominated the Asia Pacific Truck Refrigeration Unit Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,926.5 Million by 2030. The Japan market is registering a CAGR of 5.8% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 7.2% during (2023 - 2030).

The market stands at the forefront of the logistics and transportation industry, orchestrating the seamless preservation and transportation of perishable goods across vast supply chains. As the demand for efficient and reliable cold chain solutions continues to surge, the market plays a pivotal role in ensuring the integrity and freshness of temperature-sensitive products, ranging from fresh produce to pharmaceuticals.

In addition, the adoption of refrigeration units in the transportation sector has undergone a profound evolution, mirroring the advancements in technology and the growing intricacies of supply chains. The TRU market has undergone sustained evolution in response to the ever-changing demands of contemporary commerce, progressing from basic ice-cooled compartments to advanced and energy-efficient refrigeration systems.

TRU enables the transportation of seasonal produce from regions of surplus to areas where demand is high, ensuring a consistent supply of fresh goods year-round. According to the Australian Bureau of Statistics data, in the 2020–21 fiscal year, foods and non-alcoholic beverages weighing 14.7 million tonnes were sold through specialty food stores, grocery stores, supermarkets, and fresh food markets. In comparison to the preceding 12-month period (2019–20), this was up 1.4% (204,100 tonnes) and up 4.9% (686,000 tonnes) from 2018–19. Therefore, the rising food & beverage and chemical sectors in Asia Pacific will increase demand for TRU in the coming years.

Free Valuable Insights: The Global Truck Refrigeration Unit Market is Predict to reach $ 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

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

Asia Pacific 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

• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Truck Refrigeration Unit Market, by Type
1.4.2 Asia Pacific Truck Refrigeration Unit Market, by Trailer size
1.4.3 Asia Pacific Truck Refrigeration Unit Market, by End User
1.4.4 Asia Pacific 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. Asia Pacific Truck Refrigeration Unit Market by Type
5.1 Asia Pacific Split Market by Country
5.2 Asia Pacific Roof Mount Market by Country

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

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

Chapter 8. Asia Pacific Truck Refrigeration Unit Market by Country
8.1 China Truck Refrigeration Unit Market
8.1.1 China Truck Refrigeration Unit Market by Type
8.1.2 China Truck Refrigeration Unit Market by Trailer size
8.1.3 China Truck Refrigeration Unit Market by End-user
8.2 Japan Truck Refrigeration Unit Market
8.2.1 Japan Truck Refrigeration Unit Market by Type
8.2.2 Japan Truck Refrigeration Unit Market by Trailer size
8.2.3 Japan Truck Refrigeration Unit Market by End-user
8.3 India Truck Refrigeration Unit Market
8.3.1 India Truck Refrigeration Unit Market by Type
8.3.2 India Truck Refrigeration Unit Market by Trailer size
8.3.3 India Truck Refrigeration Unit Market by End-user
8.4 South Korea Truck Refrigeration Unit Market
8.4.1 South Korea Truck Refrigeration Unit Market by Type
8.4.2 South Korea Truck Refrigeration Unit Market by Trailer size
8.4.3 South Korea Truck Refrigeration Unit Market by End-user
8.5 Singapore Truck Refrigeration Unit Market
8.5.1 Singapore Truck Refrigeration Unit Market by Type
8.5.2 Singapore Truck Refrigeration Unit Market by Trailer size
8.5.3 Singapore Truck Refrigeration Unit Market by End-user
8.6 Malaysia Truck Refrigeration Unit Market
8.6.1 Malaysia Truck Refrigeration Unit Market by Type
8.6.2 Malaysia Truck Refrigeration Unit Market by Trailer size
8.6.3 Malaysia Truck Refrigeration Unit Market by End-user
8.7 Rest of Asia Pacific Truck Refrigeration Unit Market
8.7.1 Rest of Asia Pacific Truck Refrigeration Unit Market by Type
8.7.2 Rest of Asia Pacific Truck Refrigeration Unit Market by Trailer size
8.7.3 Rest of Asia Pacific 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 Asia Pacific Truck Refrigeration Unit Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific 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 Asia Pacific Truck Refrigeration Unit Market by Type, 2019 - 2022, USD Million
TABLE 8 Asia Pacific Truck Refrigeration Unit Market by Type, 2023 - 2030, USD Million
TABLE 9 Asia Pacific Split Market by Country, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Split Market by Country, 2023 - 2030, USD Million
TABLE 11 Asia Pacific Roof Mount Market by Country, 2019 - 2022, USD Million
TABLE 12 Asia Pacific Roof Mount Market by Country, 2023 - 2030, USD Million
TABLE 13 Asia Pacific Truck Refrigeration Unit Market by Trailer size, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Truck Refrigeration Unit Market by Trailer size, 2023 - 2030, USD Million
TABLE 15 Asia Pacific Below 20ft Market by Country, 2019 - 2022, USD Million
TABLE 16 Asia Pacific Below 20ft Market by Country, 2023 - 2030, USD Million
TABLE 17 Asia Pacific 20-40ft Market by Country, 2019 - 2022, USD Million
TABLE 18 Asia Pacific 20-40ft Market by Country, 2023 - 2030, USD Million
TABLE 19 Asia Pacific Above 40ft Market by Country, 2019 - 2022, USD Million
TABLE 20 Asia Pacific Above 40ft Market by Country, 2023 - 2030, USD Million
TABLE 21 Asia Pacific Truck Refrigeration Unit Market by End-user, 2019 - 2022, USD Million
TABLE 22 Asia Pacific Truck Refrigeration Unit Market by End-user, 2023 - 2030, USD Million
TABLE 23 Asia Pacific Food Market by Country, 2019 - 2022, USD Million
TABLE 24 Asia Pacific Food Market by Country, 2023 - 2030, USD Million
TABLE 25 Asia Pacific Pharmaceutical Market by Country, 2019 - 2022, USD Million
TABLE 26 Asia Pacific Pharmaceutical Market by Country, 2023 - 2030, USD Million
TABLE 27 Asia Pacific Chemical Industry Market by Country, 2019 - 2022, USD Million
TABLE 28 Asia Pacific Chemical Industry Market by Country, 2023 - 2030, USD Million
TABLE 29 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 30 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 31 Asia Pacific Truck Refrigeration Unit Market by Country, 2019 - 2022, USD Million
TABLE 32 Asia Pacific Truck Refrigeration Unit Market by Country, 2023 - 2030, USD Million
TABLE 33 China Truck Refrigeration Unit Market, 2019 - 2022, USD Million
TABLE 34 China Truck Refrigeration Unit Market, 2023 - 2030, USD Million
TABLE 35 China Truck Refrigeration Unit Market by Type, 2019 - 2022, USD Million
TABLE 36 China Truck Refrigeration Unit Market by Type, 2023 - 2030, USD Million
TABLE 37 China Truck Refrigeration Unit Market by Trailer size, 2019 - 2022, USD Million
TABLE 38 China Truck Refrigeration Unit Market by Trailer size, 2023 - 2030, USD Million
TABLE 39 China Truck Refrigeration Unit Market by End-user, 2019 - 2022, USD Million
TABLE 40 China Truck Refrigeration Unit Market by End-user, 2023 - 2030, USD Million
TABLE 41 Japan Truck Refrigeration Unit Market, 2019 - 2022, USD Million
TABLE 42 Japan Truck Refrigeration Unit Market, 2023 - 2030, USD Million
TABLE 43 Japan Truck Refrigeration Unit Market by Type, 2019 - 2022, USD Million
TABLE 44 Japan Truck Refrigeration Unit Market by Type, 2023 - 2030, USD Million
TABLE 45 Japan Truck Refrigeration Unit Market by Trailer size, 2019 - 2022, USD Million
TABLE 46 Japan Truck Refrigeration Unit Market by Trailer size, 2023 - 2030, USD Million
TABLE 47 Japan Truck Refrigeration Unit Market by End-user, 2019 - 2022, USD Million
TABLE 48 Japan Truck Refrigeration Unit Market by End-user, 2023 - 2030, USD Million
TABLE 49 India Truck Refrigeration Unit Market, 2019 - 2022, USD Million
TABLE 50 India Truck Refrigeration Unit Market, 2023 - 2030, USD Million
TABLE 51 India Truck Refrigeration Unit Market by Type, 2019 - 2022, USD Million
TABLE 52 India Truck Refrigeration Unit Market by Type, 2023 - 2030, USD Million
TABLE 53 India Truck Refrigeration Unit Market by Trailer size, 2019 - 2022, USD Million
TABLE 54 India Truck Refrigeration Unit Market by Trailer size, 2023 - 2030, USD Million
TABLE 55 India Truck Refrigeration Unit Market by End-user, 2019 - 2022, USD Million
TABLE 56 India Truck Refrigeration Unit Market by End-user, 2023 - 2030, USD Million
TABLE 57 South Korea Truck Refrigeration Unit Market, 2019 - 2022, USD Million
TABLE 58 South Korea Truck Refrigeration Unit Market, 2023 - 2030, USD Million
TABLE 59 South Korea Truck Refrigeration Unit Market by Type, 2019 - 2022, USD Million
TABLE 60 South Korea Truck Refrigeration Unit Market by Type, 2023 - 2030, USD Million
TABLE 61 South Korea Truck Refrigeration Unit Market by Trailer size, 2019 - 2022, USD Million
TABLE 62 South Korea Truck Refrigeration Unit Market by Trailer size, 2023 - 2030, USD Million
TABLE 63 South Korea Truck Refrigeration Unit Market by End-user, 2019 - 2022, USD Million
TABLE 64 South Korea Truck Refrigeration Unit Market by End-user, 2023 - 2030, USD Million
TABLE 65 Singapore Truck Refrigeration Unit Market, 2019 - 2022, USD Million
TABLE 66 Singapore Truck Refrigeration Unit Market, 2023 - 2030, USD Million
TABLE 67 Singapore Truck Refrigeration Unit Market by Type, 2019 - 2022, USD Million
TABLE 68 Singapore Truck Refrigeration Unit Market by Type, 2023 - 2030, USD Million
TABLE 69 Singapore Truck Refrigeration Unit Market by Trailer size, 2019 - 2022, USD Million
TABLE 70 Singapore Truck Refrigeration Unit Market by Trailer size, 2023 - 2030, USD Million
TABLE 71 Singapore Truck Refrigeration Unit Market by End-user, 2019 - 2022, USD Million
TABLE 72 Singapore Truck Refrigeration Unit Market by End-user, 2023 - 2030, USD Million
TABLE 73 Malaysia Truck Refrigeration Unit Market, 2019 - 2022, USD Million
TABLE 74 Malaysia Truck Refrigeration Unit Market, 2023 - 2030, USD Million
TABLE 75 Malaysia Truck Refrigeration Unit Market by Type, 2019 - 2022, USD Million
TABLE 76 Malaysia Truck Refrigeration Unit Market by Type, 2023 - 2030, USD Million
TABLE 77 Malaysia Truck Refrigeration Unit Market by Trailer size, 2019 - 2022, USD Million
TABLE 78 Malaysia Truck Refrigeration Unit Market by Trailer size, 2023 - 2030, USD Million
TABLE 79 Malaysia Truck Refrigeration Unit Market by End-user, 2019 - 2022, USD Million
TABLE 80 Malaysia Truck Refrigeration Unit Market by End-user, 2023 - 2030, USD Million
TABLE 81 Rest of Asia Pacific Truck Refrigeration Unit Market, 2019 - 2022, USD Million
TABLE 82 Rest of Asia Pacific Truck Refrigeration Unit Market, 2023 - 2030, USD Million
TABLE 83 Rest of Asia Pacific Truck Refrigeration Unit Market by Type, 2019 - 2022, USD Million
TABLE 84 Rest of Asia Pacific Truck Refrigeration Unit Market by Type, 2023 - 2030, USD Million
TABLE 85 Rest of Asia Pacific Truck Refrigeration Unit Market by Trailer size, 2019 - 2022, USD Million
TABLE 86 Rest of Asia Pacific Truck Refrigeration Unit Market by Trailer size, 2023 - 2030, USD Million
TABLE 87 Rest of Asia Pacific Truck Refrigeration Unit Market by End-user, 2019 - 2022, USD Million
TABLE 88 Rest of Asia Pacific Truck Refrigeration Unit Market by End-user, 2023 - 2030, USD Million
TABLE 89 Key Information – Denso Corporation
TABLE 90 Key Information – Webasto Group
TABLE 91 Key Information – Klinge Corporation
TABLE 92 Key Information – Carrier Global Corporation
TABLE 93 Key Information – Trane Technologies PLC
TABLE 94 Key information – Daikin Industries, Ltd.
TABLE 95 Key Information – Mitsubishi Heavy Industries Ltd.
TABLE 96 Key Information – Subros Limited
TABLE 97 Key Information – Arctic Traveler Canada
TABLE 98 Key Information – Utility Trailer Manufacturing Company, LLC

List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific 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 Asia Pacific Truck Refrigeration Unit Market share by Type, 2022
FIG 9 Asia Pacific Truck Refrigeration Unit Market share by Type, 2030
FIG 10 Asia Pacific Truck Refrigeration Unit Market by Type, 2019 - 2030, USD Million
FIG 11 Asia Pacific Truck Refrigeration Unit Market share by Trailer size, 2022
FIG 12 Asia Pacific Truck Refrigeration Unit Market share by Trailer size, 2030
FIG 13 Asia Pacific Truck Refrigeration Unit Market by Trailer size, 2019 - 2030, USD Million
FIG 14 Asia Pacific Truck Refrigeration Unit Market share by End-user, 2022
FIG 15 Asia Pacific Truck Refrigeration Unit Market share by End-user, 2030
FIG 16 Asia Pacific Truck Refrigeration Unit Market by End-user, 2019 - 2030, USD Million
FIG 17 Asia Pacific Truck Refrigeration Unit Market share by Country, 2022
FIG 18 Asia Pacific Truck Refrigeration Unit Market share by Country, 2030
FIG 19 Asia Pacific 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