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Friday, January 16, 2026

Lucintel Forecasts the Global Road Transport Refrigeration Equipment Market to Grow with a CAGR of 4.4% from 2024 to 2031

According to a market report by Lucintel, the future of the global road transport refrigeration equipment market looks promising with opportunities in the food/beverage, pharmaceutical/chemical, and plant/flower markets. The global road transport refrigeration equipment market is expected to grow with a CAGR of 4.4% from 2024 to 2031. The major drivers for this market are the increasing demand for refrigerated transportation, the rising adoption of cold chain logistics, and the growing need for fresh food transportation.

A more than 150-page report to understand trends, opportunity and forecast in global road transport refrigeration equipment market to 2031 by type (van refrigeration system & bodies, truck refrigeration system & bodies, and trailer refrigeration system & bodies), application (food/beverages, pharmaceuticals/chemicals, plants/flowers, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that, within the type category, truck refrigeration system & body is expected to witness the highest growth over the forecast period.

Within the application category, food/beverage is expected to witness the highest growth.

Download sample by clicking on road transport refrigeration equipment market.

In terms of region, APAC is expected to witness the highest growth over the forecast period.

Thermo King, Carrier Transicold, DENSO, Wabash National, Lamberet, MHI, Chereau, Great Dane, Zanotti, Kingtec are the major suppliers in the road transport refrigeration equipment market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com to get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. +1-972-636-5056

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