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Cold Chain Refrigerated Trucks Installed Base

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SOURCE RESEARCH

Cold Chain Monitoring

Market Data | 2Q 2024 | MD-CCTM-23

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Refrigerated trucks are supply chain vehicles specifically designed to carry perishable goods at specific temperatures. They are equipped with a refrigeration unit that controls the internal temperature of the cargo space, ensuring that products remain fresh and safe during transport. These trucks are an essential component of the cold chain logistics infrastructure, helping to maintain the integrity of perishable goods from the point of origin to the point of sale.

ABI Research forecasts the number of refrigerated trucks in circulation to grow at a modest Compound Annual Growth Rate (CAGR) of 2.1% between 2024 and 2032. This will bring the installed base of refrigerated trucks to 5.41 million by 2032, up from 4.22 million in 2023.