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

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.

Free Valuable Insights: The Worldwide Truck Refrigeration Unit Market is Projected 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 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

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

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

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

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