The global Transport Refrigeration Unit (TRU) market was valued at US$ 1215.6 million in 2020 and it is expected to reach US$ 1540.1 million by the end of 2027, growing at a CAGR of 3.5% during 2021-2027.
Transport Refrigeration Units (TRU) is powered by diesel internal combustion engines and are designed to refrigerate or heat perishable goods that are transported in various containers. Significant numbers of these units congregate at distribution centers, truck stops, and other facilities, emitting diesel particulate matter (PM) pollutant emissions, a toxic air contaminant, creating a health risk for those that live nearby.
Global core transport refrigeration unit (TRU) manufacturers include Thermo King, Carrier and DENSO etc. The top 3 companies hold a share about 65%. Europe is the largest market, with a share about 36%, followed by Asia Pacific and North America with the share about 27% and 24%.
Global Transport Refrigeration Unit (TRU) Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Transport Refrigeration Unit (TRU) Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Thermo King, Carrier, Denso, Zanotti, Mitsubishi Heavy Industries, Hwasung Thermo, Hubbard Products, Kingtec, Dongin Thermo, Schmitz Cargobull, Zhengzhou Kaixue, Songz, Xinxiang Huatai, Xiangyang Hanxue and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
Segment by Application
- Food or Beverages
- Pharmaceuticals or Chemicals
- Plants or Flowers
Table of Content:
1 Transport Refrigeration Unit (TRU) Market Overview
2 Transport Refrigeration Unit (TRU) Market Competition by Manufacturers
3 Transport Refrigeration Unit (TRU) Retrospective Market Scenario by Region
4 Global Transport Refrigeration Unit (TRU) Historic Market Analysis by Type
5 Global Transport Refrigeration Unit (TRU) Historic Market Analysis by Application
6 Key Companies Profiled
7 Transport Refrigeration Unit (TRU) Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Transport Refrigeration Unit (TRU) Market Dynamics
10 Global Transport Refrigeration Unit (TRU) Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.