Diesel Powered Truck Refrigeration Units Market
The market for Diesel Powered Truck Refrigeration Units was estimated at $1.4 billion in 2024; it is anticipated to increase to $2.2 billion by 2030, with projections indicating growth to around $3.1 billion by 2035.
Report Summary
Market Data
Methodology
Table of Contents
Global Diesel Powered Truck Refrigeration Units Market Outlook
Revenue, 2024
$1.4B
Forecast, 2034
$2.9B
CAGR, 2025 - 2034
7.6%
The Diesel Powered Truck Refrigeration Units industry revenue is expected to be around $1.5 billion in 2025 and expected to showcase growth with 7.6% CAGR between 2025 and 2034. The strong growth of the market for refrigeration units in diesel powered trucks is mainly fueled by the growing need for goods that require temperature control measures. Particularly in the food and pharmaceutical sectors. The rising demand for cold chain logistics and the surge in global trade of perishable items have played a significant role in expanding this market sector. Additionally the strict rules governing the transportation of temperature goods have made these units vital components, in the transportation industry reaffirm their continued importance.
Diesel operated truck refrigeration systems are well regarded for their longevity and impressive cooling capabilities and play a role in preserving the freshness of items during transit trips that span long distances by safeguard temperature sensitive merchandise integrity boosted through eco friendly refrigerants usage and enhanced fuel economy innovations have heightened the interest, in these units recently.
Market Key Insights
- The Diesel Powered Truck Refrigeration Units market is projected to grow from $1.4 billion in 2024 to $2.9 billion in 2034. This represents a CAGR of 7.6%, reflecting rising demand across Cold Chain Logistics, Emergency Medical Services and Long-Haul Trucking.
- Thermo King Corporation, Carrier Transicold, Mitsubishi Heavy Industries Ltd. are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Diesel Powered Truck Refrigeration Units market and are expected to observe the growth CAGR of 4.9% to 7.3% between 2024 and 2030.
- Emerging markets including India, Brazil and South Africa are expected to observe highest growth with CAGR ranging between 8.7% to 10.5%.
- Transition like Embracing Green Technology is expected to add $64 million to the Diesel Powered Truck Refrigeration Units market growth by 2030.
- The Diesel Powered Truck Refrigeration Units market is set to add $1.5 billion between 2024 and 2034, with manufacturer targeting Pharmaceutical Transport & Chemical Transport Applications projected to gain a larger market share.
- With Rising demand in cold chain logistics, and Technological advancements in diesel powered refrigeration units, Diesel Powered Truck Refrigeration Units market to expand 108% between 2024 and 2034.
Opportunities in the Diesel Powered Truck Refrigeration Units
In developing nations around the world where urbanization is also swiftly taking place and cold chain logistics are expanding rapidly to meet the demand for refrigeration solutions for transporting perishable goods. Diesel Powered Truck Refrigeration Units show promising opportunities, for growth.
Growth Opportunities in North America and Asia Pacific
In North America's market for Diesel Powered Truck Refrigeration Units remains strong due to established transportation networks and the growing need for perishable goods transportation solutions. Also contributing to this growth are the regions food safety standards that require advanced refrigeration technologies to be implemented. The competition in the market is fierce with players, like Thermo King and Carrier Transicold driving innovation efforts to stay ahead in the industry. The rising popularity of friendly refrigeration options offers a great chance in this region. Manufacturers are now more dedicated, to creating units that produce emissions and have better fuel efficiency.
The Asia Pacific region is experiencing an expansion in the market for Diesel Powered Truck Refrigeration Units driven by the growth of cold chain logistics and the increasing consumption of fresh food items. Countries like China and India are emerging as demand centers due to infrastructural improvements and the expanding middle class population. Competition is tough in this region with companies, like Zhengzhou Guchen Industry Co., Ltd. competing for their share of the market. The increasing demand for refrigerated transportation solutions, in the Asia Pacific region to reduce food spoilage is a key factor driving the market growth of Diesel Powered Truck Refrigeration Units.
Market Dynamics and Supply Chain
01
Driver: Rising Demand in Cold Chain Logistics, and Stringent Food Safety Regulations
The rising need for items and temperature sensitive medical supplies on a global scale is also fueling the expansion of the cold chain logistics sector. Diesel fueled truck refrigeration systems are also essential for preserving the integrity of these products while in transit. Are also therefore, in high demand. The implementation of stringent food safety regulations across the globe is also necessitating the use of advanced refrigeration units in food transportation. Diesel powered truck refrigeration units, with their superior cooling capabilities, are also expected to benefit from this trend.
The progress, in diesel fueled truck refrigeration systems incorporating telematics and IoT is also improving the effectiveness and dependability of these units. Is also projected to increase their usage in the future.
02
Restraint: High Operational Costs
The expenses linked to diesel powered truck refrigeration units are considerably steep because of the pricey diesel fuel needed for their operation and the maintenance costs involved to keep them running smoothly at all times can also add up quickly over time which might make potential buyers hesitant leading to a potential drop in market demand, for these units.
03
Opportunity: Strategic Collaborations and Partnerships and Technological Innovations
In the industry nowadays were seeing more strategic partnerships and collaborations on the rise. Taking advantage of this trend can help companies that make Diesel Powered Truck Refrigeration Units grow their market presence and improve their product lineup to stay ahead of the competition. Teaming up with technology firms can also assist in adding cutting edge features to these units making them more attractive, to customers.
The rise of technologies and IOT in the transportation refrigeration sector holds great potential for advancement. Developments like temperature tracking and remote control features have the ability to improve the effectiveness and dependability of Refrigeration Units for Diesel Powered Trucks leading to a notable increase, in market expansion.
04
Challenge: Environmental Concerns
Diesel powered truck refrigeration units are known to emit high levels of pollutants, contributing to environmental degradation. As global awareness and concern for the environment increase, there has been a shift towards more eco-friendly refrigeration alternatives. This shift is further supported by stringent environmental regulations and policies that discourage the use of diesel-powered units. Consequently, these environmental concerns pose a significant challenge to the growth of the diesel powered truck refrigeration units market.
Supply Chain Landscape
1
Raw Material Procurement
Thermo KingCarrier Transicold
2
Component Manufacturing
DensoValeo
3
Assembly & Testing
Mitsubishi Heavy IndustriesDaikin
4
Distribution & Sales
Johnson ControlsUnited Technologies
1
Raw Material Procurement
Thermo KingCarrier Transicold
2
Component Manufacturing
DensoValeo
3
Assembly & Testing
Mitsubishi Heavy IndustriesDaikin
4
Distribution & Sales
Johnson ControlsUnited Technologies
Use Cases of Diesel Powered Truck Refrigeration Units in Cold Chain Logistics & Emergency Medical Services
Cold Chain Logistics : Diesel Powered Truck Refrigeration Units are widely used in cold chain logistics. These units are essential for maintaining the temperature of perishable goods during transportation. They are predominantly used in the transportation of frozen and chilled food, pharmaceuticals, and other temperature-sensitive products. Top players in this field, such as Carrier and Thermo King, provide high-performance diesel-powered units that offer reliable temperature control, fuel efficiency, and durability.
Long-Haul Trucking : Long-haul trucking is another significant application for Diesel Powered Truck Refrigeration Units. These units are designed to withstand the rigors of long-distance transportation, providing consistent cooling throughout the journey. They are often used in the transportation of fresh produce, dairy products, and other perishables across vast distances. Renowned manufacturers like Mitsubishi and Daikin offer robust diesel-powered units that deliver superior cooling performance and longevity.
Emergency Medical Services : Diesel Powered Truck Refrigeration Units also find application in emergency medical services. These units are used in ambulances and mobile clinics for preserving medicines, vaccines, blood samples, and other medical supplies that require controlled temperatures. Leaders in this application, such as Hubbard and Zanotti, offer diesel-powered units that ensure precise temperature control, reliability, and quick cooling, which are critical in emergency medical situations.
Recent Developments
The global market for Diesel Powered Truck Refrigeration Units has seen significant growth in recent years. This growth is largely driven by the increasing need for temperature-controlled transportation for perishable goods, including food and pharmaceutical products. The rise in e-commerce and online grocery shopping has further fueled this demand, necessitating efficient and reliable refrigeration solutions for transportation.
December 2024 : Carrier Transicold, a leading manufacturer of Diesel Powered Truck Refrigeration Units, launched a new line of energy-efficient units, promising lower fuel consumption and reduced emissions
October 2024 : Thermo King introduced a revolutionary diesel-powered truck refrigeration unit with advanced telematics capabilities, enabling real-time monitoring and control of temperature-sensitive goods
August 2024 : Mitsubishi Heavy Industries unveiled a diesel-powered truck refrigeration unit equipped with a sophisticated AI system for predictive maintenance and improved operational efficiency.
Impact of Industry Transitions on the Diesel Powered Truck Refrigeration Units Market
As a core segment of the Automotive & Mobility industry,
the Diesel Powered Truck Refrigeration Units market develops in line with broader industry shifts.
Over recent years, transitions such as Embracing Green Technology and Digitization and IoT Integration have redefined priorities
across the Automotive & Mobility sector,
influencing how the Diesel Powered Truck Refrigeration Units market evolves in terms of demand, applications and competitive dynamics.
These transitions highlight the structural changes shaping long-term growth opportunities.
01
Embracing Green Technology
The sector of truck refrigeration units powered by diesel is currently undergoing a shift towards incorporating eco friendly technology due to increasing global environmental worries and strict emission standards worldwide. Companies are now prioritizing the creation of energy units with reduced carbon footprints as a response to these concerns. An example of this progress includes the implementation of diesel electric systems, in refrigeration units which has notably cut down fuel usage and emissions levels. The shift has not only just affected the refrigeration segment of trucks. has also had an influence, on the larger commercial vehicle industry by steering them towards more sustainable approaches.
02
Digitization and IoT Integration
Another notable transition in the diesel powered truck refrigeration units industry is the adoption of digital technology and IOT.With the rise of smart transportation, manufacturers are now incorporating advanced features such as real-time temperature monitoring, GPS tracking, and remote control functionality. These technological advancements have enhanced the operational efficiency and reliability of refrigeration units. Moreover, this transition has also created ripple effects in the logistics and supply chain industry, enabling better inventory management and improved cold chain integrity.