Global Trailer Refrigeration System Market Growth 2023-2029

Trailer refrigeration system installed on a trailer which designed to carry perishable freight at specific temperatures.

LPI (LP Information)' newest research report, the “Trailer Refrigeration System Industry Forecast” looks at past sales and reviews total world Trailer Refrigeration System sales in 2022, providing a comprehensive analysis by region and market sector of projected Trailer Refrigeration System sales for 2023 through 2029. With Trailer Refrigeration System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Trailer Refrigeration System industry.

This Insight Report provides a comprehensive analysis of the global Trailer Refrigeration System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Trailer Refrigeration System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Trailer Refrigeration System market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Trailer Refrigeration System and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Trailer Refrigeration System.

The global Trailer Refrigeration System market size is projected to grow from US$ 1895.3 million in 2022 to US$ 2554.6 million in 2029; it is expected to grow at a CAGR of 2554.6 from 2023 to 2029.

Global Trailer Refrigeration System key players include Thermo King, Carrier Transicold, Kingtec, MHI, Schmitz Cargobull, etc. Global top five manufacturers hold a share over 85%. 
North America is the largest market, with a share over 40%, followed by Europe and Asia-Pacific, both have a share over 30% percent. 
In terms of product, Single Temperature is the largest segment, with a share over 50%. And in terms of application, the largest application is Fruits & Vegetables followed by Meat & Sea Food.

This report presents a comprehensive overview, market shares, and growth opportunities of Trailer Refrigeration System market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Single Temperature
    Multi-Temperature

Segmentation by application
    Meat & Sea food
    Fruits & Vegetables
    Dairy
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Thermo King
    Carrier Transicold
    Kingtec
    MHI
    Schmitz Cargobull
    Zanotti
    Liebherr-Krone
    Hubbard
    Lumikko

Key Questions Addressed in this Report
What is the 10-year outlook for the global Trailer Refrigeration System market?
What factors are driving Trailer Refrigeration System market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Trailer Refrigeration System market opportunities vary by end market size?
How does Trailer Refrigeration System break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

List of Tables
    Table 1. Trailer Refrigeration System Annual Sales CAGR by Geographic Region (2018, 2022 & 2029) & ($ millions)
    Table 2. Trailer Refrigeration System Annual Sales CAGR by Country/Region (2018, 2022 & 2029) & ($ millions)
    Table 3. Major Players of Single Temperature
    Table 4. Major Players of Multi-Temperature
    Table 5. Global Trailer Refrigeration System Sales by Type (2018-2023) & (K Units)
    Table 6. Global Trailer Refrigeration System Sales Market Share by Type (2018-2023)
    Table 7. Global Trailer Refrigeration System Revenue by Type (2018-2023) & ($ million)
    Table 8. Global Trailer Refrigeration System Revenue Market Share by Type (2018-2023)
    Table 9. Global Trailer Refrigeration System Sale Price by Type (2018-2023) & (USD/Unit)
    Table 10. Global Trailer Refrigeration System Sales by Application (2018-2023) & (K Units)
    Table 11. Global Trailer Refrigeration System Sales Market Share by Application (2018-2023)
    Table 12. Global Trailer Refrigeration System Revenue by Application (2018-2023)
    Table 13. Global Trailer Refrigeration System Revenue Market Share by Application (2018-2023)
    Table 14. Global Trailer Refrigeration System Sale Price by Application (2018-2023) & (USD/Unit)
    Table 15. Global Trailer Refrigeration System Sales by Company (2018-2023) & (K Units)
    Table 16. Global Trailer Refrigeration System Sales Market Share by Company (2018-2023)
    Table 17. Global Trailer Refrigeration System Revenue by Company (2018-2023) ($ Millions)
    Table 18. Global Trailer Refrigeration System Revenue Market Share by Company (2018-2023)
    Table 19. Global Trailer Refrigeration System Sale Price by Company (2018-2023) & (USD/Unit)
    Table 20. Key Manufacturers Trailer Refrigeration System Producing Area Distribution and Sales Area
    Table 21. Players Trailer Refrigeration System Products Offered
    Table 22. Trailer Refrigeration System Concentration Ratio (CR3, CR5 and CR10) & (2018-2023)
    Table 23. New Products and Potential Entrants
    Table 24. Mergers & Acquisitions, Expansion
    Table 25. Global Trailer Refrigeration System Sales by Geographic Region (2018-2023) & (K Units)
    Table 26. Global Trailer Refrigeration System Sales Market Share Geographic Region (2018-2023)
    Table 27. Global Trailer Refrigeration System Revenue by Geographic Region (2018-2023) & ($ millions)
    Table 28. Global Trailer Refrigeration System Revenue Market Share by Geographic Region (2018-2023)
    Table 29. Global Trailer Refrigeration System Sales by Country/Region (2018-2023) & (K Units)
    Table 30. Global Trailer Refrigeration System Sales Market Share by Country/Region (2018-2023)
    Table 31. Global Trailer Refrigeration System Revenue by Country/Region (2018-2023) & ($ millions)
    Table 32. Global Trailer Refrigeration System Revenue Market Share by Country/Region (2018-2023)
    Table 33. Americas Trailer Refrigeration System Sales by Country (2018-2023) & (K Units)
    Table 34. Americas Trailer Refrigeration System Sales Market Share by Country (2018-2023)
    Table 35. Americas Trailer Refrigeration System Revenue by Country (2018-2023) & ($ Millions)
    Table 36. Americas Trailer Refrigeration System Revenue Market Share by Country (2018-2023)
    Table 37. Americas Trailer Refrigeration System Sales by Type (2018-2023) & (K Units)
    Table 38. Americas Trailer Refrigeration System Sales by Application (2018-2023) & (K Units)
    Table 39. APAC Trailer Refrigeration System Sales by Region (2018-2023) & (K Units)
    Table 40. APAC Trailer Refrigeration System Sales Market Share by Region (2018-2023)
    Table 41. APAC Trailer Refrigeration System Revenue by Region (2018-2023) & ($ Millions)
    Table 42. APAC Trailer Refrigeration System Revenue Market Share by Region (2018-2023)
    Table 43. APAC Trailer Refrigeration System Sales by Type (2018-2023) & (K Units)
    Table 44. APAC Trailer Refrigeration System Sales by Application (2018-2023) & (K Units)
    Table 45. Europe Trailer Refrigeration System Sales by Country (2018-2023) & (K Units)
    Table 46. Europe Trailer Refrigeration System Sales Market Share by Country (2018-2023)
    Table 47. Europe Trailer Refrigeration System Revenue by Country (2018-2023) & ($ Millions)
    Table 48. Europe Trailer Refrigeration System Revenue Market Share by Country (2018-2023)
    Table 49. Europe Trailer Refrigeration System Sales by Type (2018-2023) & (K Units)
    Table 50. Europe Trailer Refrigeration System Sales by Application (2018-2023) & (K Units)
    Table 51. Middle East & Africa Trailer Refrigeration System Sales by Country (2018-2023) & (K Units)
    Table 52. Middle East & Africa Trailer Refrigeration System Sales Market Share by Country (2018-2023)
    Table 53. Middle East & Africa Trailer Refrigeration System Revenue by Country (2018-2023) & ($ Millions)
    Table 54. Middle East & Africa Trailer Refrigeration System Revenue Market Share by Country (2018-2023)
    Table 55. Middle East & Africa Trailer Refrigeration System Sales by Type (2018-2023) & (K Units)
    Table 56. Middle East & Africa Trailer Refrigeration System Sales by Application (2018-2023) & (K Units)
    Table 57. Key Market Drivers & Growth Opportunities of Trailer Refrigeration System
    Table 58. Key Market Challenges & Risks of Trailer Refrigeration System
    Table 59. Key Industry Trends of Trailer Refrigeration System
    Table 60. Trailer Refrigeration System Raw Material
    Table 61. Key Suppliers of Raw Materials
    Table 62. Trailer Refrigeration System Distributors List
    Table 63. Trailer Refrigeration System Customer List
    Table 64. Global Trailer Refrigeration System Sales Forecast by Region (2024-2029) & (K Units)
    Table 65. Global Trailer Refrigeration System Revenue Forecast by Region (2024-2029) & ($ millions)
    Table 66. Americas Trailer Refrigeration System Sales Forecast by Country (2024-2029) & (K Units)
    Table 67. Americas Trailer Refrigeration System Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 68. APAC Trailer Refrigeration System Sales Forecast by Region (2024-2029) & (K Units)
    Table 69. APAC Trailer Refrigeration System Revenue Forecast by Region (2024-2029) & ($ millions)
    Table 70. Europe Trailer Refrigeration System Sales Forecast by Country (2024-2029) & (K Units)
    Table 71. Europe Trailer Refrigeration System Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 72. Middle East & Africa Trailer Refrigeration System Sales Forecast by Country (2024-2029) & (K Units)
    Table 73. Middle East & Africa Trailer Refrigeration System Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 74. Global Trailer Refrigeration System Sales Forecast by Type (2024-2029) & (K Units)
    Table 75. Global Trailer Refrigeration System Revenue Forecast by Type (2024-2029) & ($ Millions)
    Table 76. Global Trailer Refrigeration System Sales Forecast by Application (2024-2029) & (K Units)
    Table 77. Global Trailer Refrigeration System Revenue Forecast by Application (2024-2029) & ($ Millions)
    Table 78. Thermo King Basic Information, Trailer Refrigeration System Manufacturing Base, Sales Area and Its Competitors
    Table 79. Thermo King Trailer Refrigeration System Product Portfolios and Specifications
    Table 80. Thermo King Trailer Refrigeration System Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 81. Thermo King Main Business
    Table 82. Thermo King Latest Developments
    Table 83. Carrier Transicold Basic Information, Trailer Refrigeration System Manufacturing Base, Sales Area and Its Competitors
    Table 84. Carrier Transicold Trailer Refrigeration System Product Portfolios and Specifications
    Table 85. Carrier Transicold Trailer Refrigeration System Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 86. Carrier Transicold Main Business
    Table 87. Carrier Transicold Latest Developments
    Table 88. Kingtec Basic Information, Trailer Refrigeration System Manufacturing Base, Sales Area and Its Competitors
    Table 89. Kingtec Trailer Refrigeration System Product Portfolios and Specifications
    Table 90. Kingtec Trailer Refrigeration System Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 91. Kingtec Main Business
    Table 92. Kingtec Latest Developments
    Table 93. MHI Basic Information, Trailer Refrigeration System Manufacturing Base, Sales Area and Its Competitors
    Table 94. MHI Trailer Refrigeration System Product Portfolios and Specifications
    Table 95. MHI Trailer Refrigeration System Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 96. MHI Main Business
    Table 97. MHI Latest Developments
    Table 98. Schmitz Cargobull Basic Information, Trailer Refrigeration System Manufacturing Base, Sales Area and Its Competitors
    Table 99. Schmitz Cargobull Trailer Refrigeration System Product Portfolios and Specifications
    Table 100. Schmitz Cargobull Trailer Refrigeration System Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 101. Schmitz Cargobull Main Business
    Table 102. Schmitz Cargobull Latest Developments
    Table 103. Zanotti Basic Information, Trailer Refrigeration System Manufacturing Base, Sales Area and Its Competitors
    Table 104. Zanotti Trailer Refrigeration System Product Portfolios and Specifications
    Table 105. Zanotti Trailer Refrigeration System Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 106. Zanotti Main Business
    Table 107. Zanotti Latest Developments
    Table 108. Liebherr-Krone Basic Information, Trailer Refrigeration System Manufacturing Base, Sales Area and Its Competitors
    Table 109. Liebherr-Krone Trailer Refrigeration System Product Portfolios and Specifications
    Table 110. Liebherr-Krone Trailer Refrigeration System Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 111. Liebherr-Krone Main Business
    Table 112. Liebherr-Krone Latest Developments
    Table 113. Hubbard Basic Information, Trailer Refrigeration System Manufacturing Base, Sales Area and Its Competitors
    Table 114. Hubbard Trailer Refrigeration System Product Portfolios and Specifications
    Table 115. Hubbard Trailer Refrigeration System Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 116. Hubbard Main Business
    Table 117. Hubbard Latest Developments
    Table 118. Lumikko Basic Information, Trailer Refrigeration System Manufacturing Base, Sales Area and Its Competitors
    Table 119. Lumikko Trailer Refrigeration System Product Portfolios and Specifications
    Table 120. Lumikko Trailer Refrigeration System Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 121. Lumikko Main Business
    Table 122. Lumikko Latest Developments
List of Figures
    Figure 1. Picture of Trailer Refrigeration System
    Figure 2. Trailer Refrigeration System Report Years Considered
    Figure 3. Research Objectives
    Figure 4. Research Methodology
    Figure 5. Research Process and Data Source
    Figure 6. Global Trailer Refrigeration System Sales Growth Rate 2018-2029 (K Units)
    Figure 7. Global Trailer Refrigeration System Revenue Growth Rate 2018-2029 ($ Millions)
    Figure 8. Trailer Refrigeration System Sales by Region (2018, 2022 & 2029) & ($ Millions)
    Figure 9. Product Picture of Single Temperature
    Figure 10. Product Picture of Multi-Temperature
    Figure 11. Global Trailer Refrigeration System Sales Market Share by Type in 2022
    Figure 12. Global Trailer Refrigeration System Revenue Market Share by Type (2018-2023)
    Figure 13. Trailer Refrigeration System Consumed in Meat & Sea food
    Figure 14. Global Trailer Refrigeration System Market: Meat & Sea food (2018-2023) & (K Units)
    Figure 15. Trailer Refrigeration System Consumed in Fruits & Vegetables
    Figure 16. Global Trailer Refrigeration System Market: Fruits & Vegetables (2018-2023) & (K Units)
    Figure 17. Trailer Refrigeration System Consumed in Dairy
    Figure 18. Global Trailer Refrigeration System Market: Dairy (2018-2023) & (K Units)
    Figure 19. Trailer Refrigeration System Consumed in Others
    Figure 20. Global Trailer Refrigeration System Market: Others (2018-2023) & (K Units)
    Figure 21. Global Trailer Refrigeration System Sales Market Share by Application (2022)
    Figure 22. Global Trailer Refrigeration System Revenue Market Share by Application in 2022
    Figure 23. Trailer Refrigeration System Sales Market by Company in 2022 (K Units)
    Figure 24. Global Trailer Refrigeration System Sales Market Share by Company in 2022
    Figure 25. Trailer Refrigeration System Revenue Market by Company in 2022 ($ Million)
    Figure 26. Global Trailer Refrigeration System Revenue Market Share by Company in 2022
    Figure 27. Global Trailer Refrigeration System Sales Market Share by Geographic Region (2018-2023)
    Figure 28. Global Trailer Refrigeration System Revenue Market Share by Geographic Region in 2022
    Figure 29. Americas Trailer Refrigeration System Sales 2018-2023 (K Units)
    Figure 30. Americas Trailer Refrigeration System Revenue 2018-2023 ($ Millions)
    Figure 31. APAC Trailer Refrigeration System Sales 2018-2023 (K Units)
    Figure 32. APAC Trailer Refrigeration System Revenue 2018-2023 ($ Millions)
    Figure 33. Europe Trailer Refrigeration System Sales 2018-2023 (K Units)
    Figure 34. Europe Trailer Refrigeration System Revenue 2018-2023 ($ Millions)
    Figure 35. Middle East & Africa Trailer Refrigeration System Sales 2018-2023 (K Units)
    Figure 36. Middle East & Africa Trailer Refrigeration System Revenue 2018-2023 ($ Millions)
    Figure 37. Americas Trailer Refrigeration System Sales Market Share by Country in 2022
    Figure 38. Americas Trailer Refrigeration System Revenue Market Share by Country in 2022
    Figure 39. Americas Trailer Refrigeration System Sales Market Share by Type (2018-2023)
    Figure 40. Americas Trailer Refrigeration System Sales Market Share by Application (2018-2023)
    Figure 41. United States Trailer Refrigeration System Revenue Growth 2018-2023 ($ Millions)
    Figure 42. Canada Trailer Refrigeration System Revenue Growth 2018-2023 ($ Millions)
    Figure 43. Mexico Trailer Refrigeration System Revenue Growth 2018-2023 ($ Millions)
    Figure 44. Brazil Trailer Refrigeration System Revenue Growth 2018-2023 ($ Millions)
    Figure 45. APAC Trailer Refrigeration System Sales Market Share by Region in 2022
    Figure 46. APAC Trailer Refrigeration System Revenue Market Share by Regions in 2022
    Figure 47. APAC Trailer Refrigeration System Sales Market Share by Type (2018-2023)
    Figure 48. APAC Trailer Refrigeration System Sales Market Share by Application (2018-2023)
    Figure 49. China Trailer Refrigeration System Revenue Growth 2018-2023 ($ Millions)
    Figure 50. Japan Trailer Refrigeration System Revenue Growth 2018-2023 ($ Millions)
    Figure 51. South Korea Trailer Refrigeration System Revenue Growth 2018-2023 ($ Millions)
    Figure 52. Southeast Asia Trailer Refrigeration System Revenue Growth 2018-2023 ($ Millions)
    Figure 53. India Trailer Refrigeration System Revenue Growth 2018-2023 ($ Millions)
    Figure 54. Australia Trailer Refrigeration System Revenue Growth 2018-2023 ($ Millions)
    Figure 55. China Taiwan Trailer Refrigeration System Revenue Growth 2018-2023 ($ Millions)
    Figure 56. Europe Trailer Refrigeration System Sales Market Share by Country in 2022
    Figure 57. Europe Trailer Refrigeration System Revenue Market Share by Country in 2022
    Figure 58. Europe Trailer Refrigeration System Sales Market Share by Type (2018-2023)
    Figure 59. Europe Trailer Refrigeration System Sales Market Share by Application (2018-2023)
    Figure 60. Germany Trailer Refrigeration System Revenue Growth 2018-2023 ($ Millions)
    Figure 61. France Trailer Refrigeration System Revenue Growth 2018-2023 ($ Millions)
    Figure 62. UK Trailer Refrigeration System Revenue Growth 2018-2023 ($ Millions)
    Figure 63. Italy Trailer Refrigeration System Revenue Growth 2018-2023 ($ Millions)
    Figure 64. Russia Trailer Refrigeration System Revenue Growth 2018-2023 ($ Millions)
    Figure 65. Middle East & Africa Trailer Refrigeration System Sales Market Share by Country in 2022
    Figure 66. Middle East & Africa Trailer Refrigeration System Revenue Market Share by Country in 2022
    Figure 67. Middle East & Africa Trailer Refrigeration System Sales Market Share by Type (2018-2023)
    Figure 68. Middle East & Africa Trailer Refrigeration System Sales Market Share by Application (2018-2023)
    Figure 69. Egypt Trailer Refrigeration System Revenue Growth 2018-2023 ($ Millions)
    Figure 70. South Africa Trailer Refrigeration System Revenue Growth 2018-2023 ($ Millions)
    Figure 71. Israel Trailer Refrigeration System Revenue Growth 2018-2023 ($ Millions)
    Figure 72. Turkey Trailer Refrigeration System Revenue Growth 2018-2023 ($ Millions)
    Figure 73. GCC Country Trailer Refrigeration System Revenue Growth 2018-2023 ($ Millions)
    Figure 74. Manufacturing Cost Structure Analysis of Trailer Refrigeration System in 2022
    Figure 75. Manufacturing Process Analysis of Trailer Refrigeration System
    Figure 76. Industry Chain Structure of Trailer Refrigeration System
    Figure 77. Channels of Distribution
    Figure 78. Global Trailer Refrigeration System Sales Market Forecast by Region (2024-2029)
    Figure 79. Global Trailer Refrigeration System Revenue Market Share Forecast by Region (2024-2029)
    Figure 80. Global Trailer Refrigeration System Sales Market Share Forecast by Type (2024-2029)
    Figure 81. Global Trailer Refrigeration System Revenue Market Share Forecast by Type (2024-2029)
    Figure 82. Global Trailer Refrigeration System Sales Market Share Forecast by Application (2024-2029)
    Figure 83. Global Trailer Refrigeration System Revenue Market Share Forecast by Application (2024-2029)

Thermo King
Carrier Transicold
Kingtec
MHI
Schmitz Cargobull
Zanotti
Liebherr-Krone
Hubbard
Lumikko

LP Information presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

• Primary Source
  Players/Suppliers
  Industry Experts
  Distributors/Traders
  Opinion Leaders
  Front-line Staff
  Marketing Executives

  Secondary Source
  Journals and Periodicals
  Government Bodies
  Annual Reports
  Presentations
  Paid Databases
  LPI Internal Repository

• Data Synthesis
  Information Gathering
  Collation of Data
  Estimation of Key Figures
  Analysis of Derived Insights

  Data Validation
  Triangulation with Data Models
  Reference Against Proprietary
  Databases
  Corroboration with Industry Experts

• Qualitative Analysis
  Market drivers
  Market challenges
  Market trends
  Five forces analysis

  Qualitative Analysis
  Market size and forecast
  Market segmentation
  Geographical insights
  Competitive landscape