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

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.

Free Valuable Insights: The Global Truck Refrigeration Unit Market will Hit 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

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

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

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

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

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

Chapter 8. Europe Truck Refrigeration Unit Market by Country
8.1 Germany Truck Refrigeration Unit Market
8.1.1 Germany Truck Refrigeration Unit Market by Type
8.1.2 Germany Truck Refrigeration Unit Market by Trailer size
8.1.3 Germany Truck Refrigeration Unit Market by End-user
8.2 UK Truck Refrigeration Unit Market
8.2.1 UK Truck Refrigeration Unit Market by Type
8.2.2 UK Truck Refrigeration Unit Market by Trailer size
8.2.3 UK Truck Refrigeration Unit Market by End-user
8.3 France Truck Refrigeration Unit Market
8.3.1 France Truck Refrigeration Unit Market by Type
8.3.2 France Truck Refrigeration Unit Market by Trailer size
8.3.3 France Truck Refrigeration Unit Market by End-user
8.4 Russia Truck Refrigeration Unit Market
8.4.1 Russia Truck Refrigeration Unit Market by Type
8.4.2 Russia Truck Refrigeration Unit Market by Trailer size
8.4.3 Russia Truck Refrigeration Unit Market by End-user
8.5 Spain Truck Refrigeration Unit Market
8.5.1 Spain Truck Refrigeration Unit Market by Type
8.5.2 Spain Truck Refrigeration Unit Market by Trailer size
8.5.3 Spain Truck Refrigeration Unit Market by End-user
8.6 Italy Truck Refrigeration Unit Market
8.6.1 Italy Truck Refrigeration Unit Market by Type
8.6.2 Italy Truck Refrigeration Unit Market by Trailer size
8.6.3 Italy Truck Refrigeration Unit Market by End-user
8.7 Rest of Europe Truck Refrigeration Unit Market
8.7.1 Rest of Europe Truck Refrigeration Unit Market by Type
8.7.2 Rest of Europe Truck Refrigeration Unit Market by Trailer size
8.7.3 Rest of Europe 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 Europe Truck Refrigeration Unit Market, 2019 - 2022, USD Million
TABLE 2 Europe 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 Europe Truck Refrigeration Unit Market by Type, 2019 - 2022, USD Million
TABLE 8 Europe Truck Refrigeration Unit Market by Type, 2023 - 2030, USD Million
TABLE 9 Europe Split Market by Country, 2019 - 2022, USD Million
TABLE 10 Europe Split Market by Country, 2023 - 2030, USD Million
TABLE 11 Europe Roof Mount Market by Country, 2019 - 2022, USD Million
TABLE 12 Europe Roof Mount Market by Country, 2023 - 2030, USD Million
TABLE 13 Europe Truck Refrigeration Unit Market by Trailer size, 2019 - 2022, USD Million
TABLE 14 Europe Truck Refrigeration Unit Market by Trailer size, 2023 - 2030, USD Million
TABLE 15 Europe Below 20ft Market by Country, 2019 - 2022, USD Million
TABLE 16 Europe Below 20ft Market by Country, 2023 - 2030, USD Million
TABLE 17 Europe 20-40ft Market by Country, 2019 - 2022, USD Million
TABLE 18 Europe 20-40ft Market by Country, 2023 - 2030, USD Million
TABLE 19 Europe Above 40ft Market by Country, 2019 - 2022, USD Million
TABLE 20 Europe Above 40ft Market by Country, 2023 - 2030, USD Million
TABLE 21 Europe Truck Refrigeration Unit Market by End-user, 2019 - 2022, USD Million
TABLE 22 Europe Truck Refrigeration Unit Market by End-user, 2023 - 2030, USD Million
TABLE 23 Europe Food Market by Country, 2019 - 2022, USD Million
TABLE 24 Europe Food Market by Country, 2023 - 2030, USD Million
TABLE 25 Europe Pharmaceutical Market by Country, 2019 - 2022, USD Million
TABLE 26 Europe Pharmaceutical Market by Country, 2023 - 2030, USD Million
TABLE 27 Europe Chemical Industry Market by Country, 2019 - 2022, USD Million
TABLE 28 Europe Chemical Industry Market by Country, 2023 - 2030, USD Million
TABLE 29 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 30 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 31 Europe Truck Refrigeration Unit Market by Country, 2019 - 2022, USD Million
TABLE 32 Europe Truck Refrigeration Unit Market by Country, 2023 - 2030, USD Million
TABLE 33 Germany Truck Refrigeration Unit Market, 2019 - 2022, USD Million
TABLE 34 Germany Truck Refrigeration Unit Market, 2023 - 2030, USD Million
TABLE 35 Germany Truck Refrigeration Unit Market by Type, 2019 - 2022, USD Million
TABLE 36 Germany Truck Refrigeration Unit Market by Type, 2023 - 2030, USD Million
TABLE 37 Germany Truck Refrigeration Unit Market by Trailer size, 2019 - 2022, USD Million
TABLE 38 Germany Truck Refrigeration Unit Market by Trailer size, 2023 - 2030, USD Million
TABLE 39 Germany Truck Refrigeration Unit Market by End-user, 2019 - 2022, USD Million
TABLE 40 Germany Truck Refrigeration Unit Market by End-user, 2023 - 2030, USD Million
TABLE 41 UK Truck Refrigeration Unit Market, 2019 - 2022, USD Million
TABLE 42 UK Truck Refrigeration Unit Market, 2023 - 2030, USD Million
TABLE 43 UK Truck Refrigeration Unit Market by Type, 2019 - 2022, USD Million
TABLE 44 UK Truck Refrigeration Unit Market by Type, 2023 - 2030, USD Million
TABLE 45 UK Truck Refrigeration Unit Market by Trailer size, 2019 - 2022, USD Million
TABLE 46 UK Truck Refrigeration Unit Market by Trailer size, 2023 - 2030, USD Million
TABLE 47 UK Truck Refrigeration Unit Market by End-user, 2019 - 2022, USD Million
TABLE 48 UK Truck Refrigeration Unit Market by End-user, 2023 - 2030, USD Million
TABLE 49 France Truck Refrigeration Unit Market, 2019 - 2022, USD Million
TABLE 50 France Truck Refrigeration Unit Market, 2023 - 2030, USD Million
TABLE 51 France Truck Refrigeration Unit Market by Type, 2019 - 2022, USD Million
TABLE 52 France Truck Refrigeration Unit Market by Type, 2023 - 2030, USD Million
TABLE 53 France Truck Refrigeration Unit Market by Trailer size, 2019 - 2022, USD Million
TABLE 54 France Truck Refrigeration Unit Market by Trailer size, 2023 - 2030, USD Million
TABLE 55 France Truck Refrigeration Unit Market by End-user, 2019 - 2022, USD Million
TABLE 56 France Truck Refrigeration Unit Market by End-user, 2023 - 2030, USD Million
TABLE 57 Russia Truck Refrigeration Unit Market, 2019 - 2022, USD Million
TABLE 58 Russia Truck Refrigeration Unit Market, 2023 - 2030, USD Million
TABLE 59 Russia Truck Refrigeration Unit Market by Type, 2019 - 2022, USD Million
TABLE 60 Russia Truck Refrigeration Unit Market by Type, 2023 - 2030, USD Million
TABLE 61 Russia Truck Refrigeration Unit Market by Trailer size, 2019 - 2022, USD Million
TABLE 62 Russia Truck Refrigeration Unit Market by Trailer size, 2023 - 2030, USD Million
TABLE 63 Russia Truck Refrigeration Unit Market by End-user, 2019 - 2022, USD Million
TABLE 64 Russia Truck Refrigeration Unit Market by End-user, 2023 - 2030, USD Million
TABLE 65 Spain Truck Refrigeration Unit Market, 2019 - 2022, USD Million
TABLE 66 Spain Truck Refrigeration Unit Market, 2023 - 2030, USD Million
TABLE 67 Spain Truck Refrigeration Unit Market by Type, 2019 - 2022, USD Million
TABLE 68 Spain Truck Refrigeration Unit Market by Type, 2023 - 2030, USD Million
TABLE 69 Spain Truck Refrigeration Unit Market by Trailer size, 2019 - 2022, USD Million
TABLE 70 Spain Truck Refrigeration Unit Market by Trailer size, 2023 - 2030, USD Million
TABLE 71 Spain Truck Refrigeration Unit Market by End-user, 2019 - 2022, USD Million
TABLE 72 Spain Truck Refrigeration Unit Market by End-user, 2023 - 2030, USD Million
TABLE 73 Italy Truck Refrigeration Unit Market, 2019 - 2022, USD Million
TABLE 74 Italy Truck Refrigeration Unit Market, 2023 - 2030, USD Million
TABLE 75 Italy Truck Refrigeration Unit Market by Type, 2019 - 2022, USD Million
TABLE 76 Italy Truck Refrigeration Unit Market by Type, 2023 - 2030, USD Million
TABLE 77 Italy Truck Refrigeration Unit Market by Trailer size, 2019 - 2022, USD Million
TABLE 78 Italy Truck Refrigeration Unit Market by Trailer size, 2023 - 2030, USD Million
TABLE 79 Italy Truck Refrigeration Unit Market by End-user, 2019 - 2022, USD Million
TABLE 80 Italy Truck Refrigeration Unit Market by End-user, 2023 - 2030, USD Million
TABLE 81 Rest of Europe Truck Refrigeration Unit Market, 2019 - 2022, USD Million
TABLE 82 Rest of Europe Truck Refrigeration Unit Market, 2023 - 2030, USD Million
TABLE 83 Rest of Europe Truck Refrigeration Unit Market by Type, 2019 - 2022, USD Million
TABLE 84 Rest of Europe Truck Refrigeration Unit Market by Type, 2023 - 2030, USD Million
TABLE 85 Rest of Europe Truck Refrigeration Unit Market by Trailer size, 2019 - 2022, USD Million
TABLE 86 Rest of Europe Truck Refrigeration Unit Market by Trailer size, 2023 - 2030, USD Million
TABLE 87 Rest of Europe Truck Refrigeration Unit Market by End-user, 2019 - 2022, USD Million
TABLE 88 Rest of Europe 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 Europe 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 Europe Truck Refrigeration Unit Market share by Type, 2022
FIG 9 Europe Truck Refrigeration Unit Market share by Type, 2030
FIG 10 Europe Truck Refrigeration Unit Market by Type, 2019 - 2030, USD Million
FIG 11 Europe Truck Refrigeration Unit Market share by Trailer size, 2022
FIG 12 Europe Truck Refrigeration Unit Market share by Trailer size, 2030
FIG 13 Europe Truck Refrigeration Unit Market by Trailer size, 2019 - 2030, USD Million
FIG 14 Europe Truck Refrigeration Unit Market share by End-user, 2022
FIG 15 Europe Truck Refrigeration Unit Market share by End-user, 2030
FIG 16 Europe Truck Refrigeration Unit Market by End-user, 2019 - 2030, USD Million
FIG 17 Europe Truck Refrigeration Unit Market share by Country, 2022
FIG 18 Europe Truck Refrigeration Unit Market share by Country, 2030
FIG 19 Europe 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