The global sales of truck refrigeration units have reached ~US$ 1,045 Mn in 2018. and it is projected, register a CAGR of 4.5% during the forecast period 2019-2029. While international trade continues to expand at an unprecedented pace, perishable foods, drugs & chemicals are increasingly being traded and transported worldwide. Cold chain logistics has grown considerably over the years to support the staggering global commerce. […]

According to a recent Fact.MR study, ~97,969 truck refrigeration units were sold in the 2018, and sales are highly likely to expand 1.5X during 2019 to 2029. The use of truck refrigeration units for the transportation of fruits and vegetables is envisaged to account for a substantial market share in 2019, and will be accountable for 40% of the overall […]