Vietnam Truck Refrigeration Unit Market to 2032
Overview
The Vietnam Truck Refrigeration Unit Market is expected to reach a 180.02 USD Million by 2032 and is projected to grow at a CAGR of 3.95% from 2025 to 2032.
Revenue, 2024 (USD Million)
141.61
Forecast, 2032 (USD Million)
180.02
CAGR, 2024 - 2032
3.95%
Report Coverage
Vietnam
Vietnam Truck Refrigeration Unit Market 2018-2032 USD Million
Vietnam Truck Refrigeration Unit Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 141.61 USD Million
- Projected Market Size (2032): 180.02 USD Million
- CAGR (2025-2032): 3.95%
Key Findings of Vietnam Truck Refrigeration Unit Market
- The Vietnam Truck Refrigeration Unit Market was valued at 141.61 USD Million in 2024.
- The Vietnam Truck Refrigeration Unit Market is likely to grow at a CAGR of 3.95% 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 141.61 USD Million
- The fastest growing segment Roof Mount System in Type Segment grew Fastest with a CAGR of 5.29% during the forecast period from 2024 to 2032.
Vietnam Truck Refrigeration Unit Market Scope
Vietnam Truck Refrigeration Unit Market Segmentation & Scope
Type
- Roof Mount System
- Split System
Length
- >12-Meter
- 8-12-Meter
- < 8-Meter
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
Vietnam Truck Refrigeration Unit Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 141.61 USD Million |
| Market Value in 2032 | 180.02 USD Million |
| CAGR (2025-2032) | 3.95% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Type,Length,Vehicle Type,Power Capacity,Power Source,Application |
Regional Insights:
-
Leading Market (2024-2032): Vietnam, leading in terms of revenue 141.61 USD Million in 2024
- Key Country: Vietnam, leading in terms of revenue with value of 141.61 USD Million in 2024.
Segments and Scope
-
Vietnam Truck Refrigeration Unit Market to 2032, By Type
- Split System is the largest segment in Vietnam Truck Refrigeration Unit Market to 2032 with a revenue of 85.41 USD Million in the year 2024.
- Roof Mount System is the Fastest growing segment in Vietnam Truck Refrigeration Unit Market to 2032 with a Growth rate of 3.05 % in forecast period 2025-2032.
-
Vietnam Truck Refrigeration Unit Market to 2032, By Length
- < 8-Meter is the largest segment in Vietnam Truck Refrigeration Unit Market to 2032 with a revenue of 79.27 USD Million in the year 2024.
- < 8-Meter is the Fastest growing segment in Vietnam Truck Refrigeration Unit Market to 2032 with a Growth rate of 4.82 % in forecast period 2025-2032.
-
Vietnam Truck Refrigeration Unit Market to 2032, By Vehicle Type
- Bus is the largest segment in Vietnam Truck Refrigeration Unit Market to 2032 with a revenue of 141.61 USD Million in the year 2024.
- Bus is the Fastest growing segment in Vietnam Truck Refrigeration Unit Market to 2032 with a Growth rate of 3.95 % in forecast period 2025-2032.
-
Vietnam Truck Refrigeration Unit Market to 2032, By Power Capacity
- Below 5 kW is the largest segment in Vietnam Truck Refrigeration Unit Market to 2032 with a revenue of 70.34 USD Million in the year 2024.
- Below 5 kW is the Fastest growing segment in Vietnam Truck Refrigeration Unit Market to 2032 with a Growth rate of 4.93 % in forecast period 2025-2032.
-
Vietnam Truck Refrigeration Unit Market to 2032, By Power Source
- Engine Powered is the largest segment in Vietnam Truck Refrigeration Unit Market to 2032 with a revenue of 100.29 USD Million in the year 2024.
- Independent is the Fastest growing segment in Vietnam Truck Refrigeration Unit Market to 2032 with a Growth rate of 3.64 % in forecast period 2025-2032.
-
Vietnam Truck Refrigeration Unit Market to 2032, By Application
- Chilled is the largest segment in Vietnam Truck Refrigeration Unit Market to 2032 with a revenue of 88.22 USD Million in the year 2024.
- Chilled is the Fastest growing segment in Vietnam Truck Refrigeration Unit Market to 2032 with a Growth rate of 4.57 % in forecast period 2025-2032.
Vietnam Truck Refrigeration Unit Market Company Share Analysis
| Company Name |
|
||
| MITSUBISHI HEAVY INDUSTRIES, LTD. | |||
| Carrier | |||
| DENSO CORPORATION | |||
| DAIKIN INDUSTRIES, Ltd. | |||
| Schmitz Cargobull. | |||
Vietnam Truck Refrigeration Unit Market Geographical Sales Distribution, 2018-2032 USD Million
Vietnam Truck Refrigeration Unit Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Vietnam Truck Refrigeration Unit Market is segmented based on Segmentation Type,Length,Vehicle Type,Power Capacity,Power Source,Application.
Vietnam Truck Refrigeration Unit Market was valued at USD 141.61(Revenue in USD Million) in 2021.
Vietnam Truck Refrigeration Unit Market is projected to grow at a CAGR of 3.95% during the forecast period of 2024 to 2032.
The Bus segment is expected to dominate the Vietnam Truck Refrigeration Unit Market, holding a largest market share of 141.61 USD Million in 2024
Vietnam Truck Refrigeration Unit Market Scope
Vietnam Truck Refrigeration Unit Market Segmentation & Scope
Type
- Roof Mount System
- Split System
Length
- >12-Meter
- 8-12-Meter
- < 8-Meter
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
Frequently Asked Questions
The Vietnam Truck Refrigeration Unit Market is segmented based on Segmentation Type,Length,Vehicle Type,Power Capacity,Power Source,Application.
Vietnam Truck Refrigeration Unit Market was valued at USD 141.61(Revenue in USD Million) in 2021.
Vietnam Truck Refrigeration Unit Market is projected to grow at a CAGR of 3.95% during the forecast period of 2024 to 2032.
The estimated market value of the Vietnam Truck Refrigeration Unit Market for final year is USD 180.02 (USD Million).
Vietnam Truck Refrigeration Unit Market Company Profiling
Frequently Asked Questions
The Vietnam Truck Refrigeration Unit Market is segmented based on Segmentation Type,Length,Vehicle Type,Power Capacity,Power Source,Application.
Vietnam Truck Refrigeration Unit Market was valued at USD 141.61(Revenue in USD Million) in 2021.
Vietnam Truck Refrigeration Unit Market is projected to grow at a CAGR of 3.95% during the forecast period of 2024 to 2032.
The estimated market value of the Vietnam Truck Refrigeration Unit Market for final year is USD 180.02 (USD Million).
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