Global Refrigerated Trucks Market Size, Share, Opportunities, And Trends By Size (Light Vehicle, Heavy Vehicle), By Application (Food and Beverage, Pharmaceutical, Chemical, Others), And By Geography - Forecasts From 2025 To 2030

Refrigerated Trucks Market Size:

The Global Refrigerated Trucks Market is expected to grow from USD 11.440 billion in 2025 to USD 14.351 billion in 2030, at a CAGR of 4.64%.

A particular kind of vehicle called a refrigerator truck is made to transport perishable goods at controlled temperatures.

Typically, these vehicles are used to transport these perishable goods from one location to another without allowing the product's quality to decline. Ice cooling, various mechanical refrigeration systems, and liquid nitrogen can all be used as cooling agents in refrigerator trucks. The demand for these types of trucks is rising because of the consumer demand for transporting a variety of top-quality products, many of which are perishable in nature. A suitable vehicle can be selected based on the number of things being transported thanks to the varying sizes and payload and storage capacity of refrigerator trucks. Furthermore, the demand for providing high-quality goods has become more important as a result of the government's strict policies and regulations regulating the health and safety of people consuming these products.

Reverse Parking Alert Systems are becoming more and more popular as a result of rising disposable income and increased vehicle ownership. Added safety features like parking sensors and object detection are also a result of growing concerns about vehicle safety. For example, the logistics startup Rivigo has announced that they are planning to increase the number of vehicles in their refrigerated truck fleet throughout the following few years, from 2,500 fruits and vegetables. Additionally, the Turkish logistics firm Ekol just spent close to €3.5 million on 25 Mercedes Actros trucks for brand-new chilled vehicles Mitsubishi Industrial Companies Thermal Systems Ltd. in 2018 which is a group company of Mitsubishi Heavy Industries, announced that they had achieved the commercial production of all-electric refrigerator units which were designed for electric refrigerated trucks called the summer of 2019 would see Hino Motors, Ltd. release the Hino Profia COOL Hybrids. So, the expanding food and beverage industries among other industries, are boosting the demand for refrigerated trucks over the forecast period.

Refrigerated Trucks Market Segmentation Analysis:

• A substantial market share is held by the heavy vehicle category.

The global market for refrigerated trucks is divided into light and heavy vehicles based on size. Because this size is one of those that is frequently utilised for the delivery of chilled goods, heavy truck has a considerable market share because they have a respectable payload and storage capacity.

• Over the projection period, the food and beverage segment is expected to increase significantly.

On the basis of application, the global refrigerated truck market has been segmented as follows: food and beverage, pharmaceuticals, chemicals, and others. Food and beverages hold a substantial share of the market owing to the increasing demand for different varieties of food and beverages among consumers.

• The region's market will continue to be dominated by the Asia Pacific.

By geography, the global refrigerated truck market is segmented into North America, Europe, Middle East & Africa, Asia-Pacific, and South America. Asia-Pacific holds a significant market share driven by increasing demand for fresh fruits and beverages in countries like India and China, which in turn is boosting the refrigerated truck market growth.

Market Segmentation

• By Size
  • Light Vehicle
  • Heavy Vehicle
• By Application
  • Food and Beverage
  • Pharmaceuticals
  • Chemical
  • Others
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • Israel
    • UAE
    • Others
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Thailand
    • Taiwan
    • Indonesia
    • Others

Eicher

Schmitz Cargobull AG

MAN

Tata Motors Limited

Mahindra and Mahindra

HYUNDAI MOTOR COMPANY

Daikin

Kögel

Wabash National

KRONE