RoE Truck Refrigeration Unit Market to 2032

Overview

The RoE Truck Refrigeration Unit Market is expected to reach a 121.18 USD Million by 2032 and is projected to grow at a CAGR of 2.55% from 2025 to 2032.

Revenue, 2024 (USD Million)
102.73
Forecast, 2032 (USD Million)
121.18
CAGR, 2024 - 2032
2.55%
Report Coverage
RoE

RoE Truck Refrigeration Unit Market 2018-2032 USD Million

RoE Truck Refrigeration Unit Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 102.73 USD Million
  • Projected Market Size (2032): 121.18 USD Million
  • CAGR (2025-2032): 2.55%

Key Findings of RoE Truck Refrigeration Unit Market

  • The RoE Truck Refrigeration Unit Market was valued at 102.73 USD Million in 2024.
  • The RoE Truck Refrigeration Unit Market is likely to grow at a CAGR of 2.55% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Bus in Vehicle Type Segment accounted for the largest share of the market with a revenue of 102.73 USD Million
  • The fastest growing segment Roof Mount System in Type Segment grew Fastest with a CAGR of 3.87% during the forecast period from 2024 to 2032.

RoE Truck Refrigeration Unit Market Scope

RoE Truck Refrigeration Unit Market Segmentation & Scope
Vehicle Type
  • Others
  • Bus
  • Trailer (Container)
  • Medium & Heavy Commercial Vehicles
  • Light Commercial Vehicles (LCV)
Power Capacity
  • Above 19 kW
  • 5 kW - 19 kW
  • Below 5 kW
Power Source
  • Independent
  • Engine Powered
Application
  • Frozen
  • Chilled
Length
  • >12-Meter
  • 8-12-Meter
  • < 8-Meter
Type
  • Roof Mount System
  • Split System

RoE Truck Refrigeration Unit Market Data Coverage Insights

Study Period 2024-2032
Base Year 2021
Unit Revenue in USD Million
Market Value in 2024 102.73 USD Million
Market Value in 2032 121.18 USD Million
CAGR (2025-2032) 2.55%
Historic Data 2016-2023
Market Segments Covered Vehicle Type,Power Capacity,Power Source,Application,Length,Type

Regional Insights:

  • Leading Market (2024-2032): RoE, leading in terms of revenue 102.73 USD Million in 2024
    • Key Country: RoE, leading in terms of revenue with value of 102.73 USD Million in 2024.

Segments and Scope

  • RoE Truck Refrigeration Unit Market to 2032, By Vehicle Type
    • Bus is the largest segment in RoE Truck Refrigeration Unit Market to 2032 with a revenue of 102.73 USD Million in the year 2024.
    • Bus is the Fastest growing segment in RoE Truck Refrigeration Unit Market to 2032 with a Growth rate of 2.55 % in forecast period 2025-2032.
  • RoE Truck Refrigeration Unit Market to 2032, By Power Capacity
    • Below 5 kW is the largest segment in RoE Truck Refrigeration Unit Market to 2032 with a revenue of 49.59 USD Million in the year 2024.
    • Below 5 kW is the Fastest growing segment in RoE Truck Refrigeration Unit Market to 2032 with a Growth rate of 3.58 % in forecast period 2025-2032.
  • RoE Truck Refrigeration Unit Market to 2032, By Power Source
    • Engine Powered is the largest segment in RoE Truck Refrigeration Unit Market to 2032 with a revenue of 72.01 USD Million in the year 2024.
    • Independent is the Fastest growing segment in RoE Truck Refrigeration Unit Market to 2032 with a Growth rate of 2.23 % in forecast period 2025-2032.
  • RoE Truck Refrigeration Unit Market to 2032, By Application
    • Chilled is the largest segment in RoE Truck Refrigeration Unit Market to 2032 with a revenue of 63.27 USD Million in the year 2024.
    • Chilled is the Fastest growing segment in RoE Truck Refrigeration Unit Market to 2032 with a Growth rate of 3.18 % in forecast period 2025-2032.
  • RoE Truck Refrigeration Unit Market to 2032, By Length
    • < 8-Meter is the largest segment in RoE Truck Refrigeration Unit Market to 2032 with a revenue of 56.07 USD Million in the year 2024.
    • < 8-Meter is the Fastest growing segment in RoE Truck Refrigeration Unit Market to 2032 with a Growth rate of 3.46 % in forecast period 2025-2032.
  • RoE Truck Refrigeration Unit Market to 2032, By Type
    • Split System is the largest segment in RoE Truck Refrigeration Unit Market to 2032 with a revenue of 61.22 USD Million in the year 2024.
    • Roof Mount System is the Fastest growing segment in RoE Truck Refrigeration Unit Market to 2032 with a Growth rate of 1.64 % in forecast period 2025-2032.

RoE Truck Refrigeration Unit Market Company Share Analysis

 
Company Name Company Share Analysis
MITSUBISHI HEAVY INDUSTRIES, LTD.
Carrier
DENSO CORPORATION
DAIKIN INDUSTRIES, Ltd.
Schmitz Cargobull.
RoE Truck Refrigeration Unit Market Company Share Analysis

RoE Truck Refrigeration Unit Market Geographical Sales Distribution, 2018-2032 USD Million

RoE Truck Refrigeration Unit Market Geographical Sales Distribution, 2018-2032 USD Million

RoE Truck Refrigeration Unit Market Company Profiling

RoE Truck Refrigeration Unit Market Company Profiling
Frequently Asked Questions
The RoE Truck Refrigeration Unit Market is segmented based on Segmentation Vehicle Type,Power Capacity,Power Source,Application,Length,Type.
RoE Truck Refrigeration Unit Market was valued at USD 102.73(Revenue in USD Million) in 2021.
RoE Truck Refrigeration Unit Market is projected to grow at a CAGR of 2.55% during the forecast period of 2024 to 2032.
The Bus segment is expected to dominate the RoE Truck Refrigeration Unit Market, holding a largest market share of 102.73 USD Million in 2024

RoE Truck Refrigeration Unit Market Scope

RoE Truck Refrigeration Unit Market Segmentation & Scope
Vehicle Type
  • Others
  • Bus
  • Trailer (Container)
  • Medium & Heavy Commercial Vehicles
  • Light Commercial Vehicles (LCV)
Power Capacity
  • Above 19 kW
  • 5 kW - 19 kW
  • Below 5 kW
Power Source
  • Independent
  • Engine Powered
Application
  • Frozen
  • Chilled
Length
  • >12-Meter
  • 8-12-Meter
  • < 8-Meter
Type
  • Roof Mount System
  • Split System
Frequently Asked Questions
The RoE Truck Refrigeration Unit Market is segmented based on Segmentation Vehicle Type,Power Capacity,Power Source,Application,Length,Type.
RoE Truck Refrigeration Unit Market was valued at USD 102.73(Revenue in USD Million) in 2021.
RoE Truck Refrigeration Unit Market is projected to grow at a CAGR of 2.55% during the forecast period of 2024 to 2032.
The estimated market value of the RoE Truck Refrigeration Unit Market for final year is USD 121.18 (USD Million).

RoE Truck Refrigeration Unit Market Company Profiling

RoE Truck Refrigeration Unit Market Company Profiling
Frequently Asked Questions
The RoE Truck Refrigeration Unit Market is segmented based on Segmentation Vehicle Type,Power Capacity,Power Source,Application,Length,Type.
RoE Truck Refrigeration Unit Market was valued at USD 102.73(Revenue in USD Million) in 2021.
RoE Truck Refrigeration Unit Market is projected to grow at a CAGR of 2.55% during the forecast period of 2024 to 2032.
The estimated market value of the RoE Truck Refrigeration Unit Market for final year is USD 121.18 (USD Million).

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