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The refrigerated trailer market is transforming cold chain logistics, driven by advanced temperature-control technologies and shifting regulatory, sustainability, and operational demands. Senior decision-makers face both opportunity and disruption as innovative solutions and emerging business models reshape the competitive landscape and future growth potential across the sector.
Market Snapshot: Refrigerated Trailer Market Growth and Outlook
The Refrigerated Trailer Market grew from USD 86.38 billion in 2024 to USD 93.28 billion in 2025, with an anticipated CAGR of 8.35% and projected revenue of USD 164.12 billion by 2032.
Scope & Segmentation
- Product Type: Food & Beverage (bakery & confectionary, dairy products, meat & meat products), Industrial Chemicals (hazardous, specialty), Pharmaceuticals (drugs & vaccines, samples & medical supplies)
- Category: Multi-temperature trailers, single-temperature trailers, specialized pharma trailers
- Refrigeration Unit: Diesel-powered units, electric-powered units, hydrochemical-powered units
- Operation Model: Ownership, rental
- End-User: Cold storage, logistics, retail
- Regional Coverage: Americas (North America, Latin America), Europe, Middle East & Africa (Europe, Middle East, Africa), Asia-Pacific (China, India, Japan, Australia, South Korea, Indonesia, Thailand, Malaysia, Singapore, Taiwan)
- Companies Analyzed: AAA Trailers, Carrier Global Corporation, CIMC Vehicles Co., Ltd., Daimler Truck AG, Fahrzeugwerk Bernard KRONE GmbH & Co. KG, Gray & Adams Group, Great Dane LLC, Halvor Lines, Inc., Humbaur GmbH, Hyundai Motor Company, Kögel Trailer GmbH, LAMBERET SAS, Manac Inc., Montracon Ltd., Polar King International, Inc., Schmitz Cargobull AG, SOR Ibérica S.A.U, Stevens Transport, Inc., STI HOLDINGS, INC., The Reefer Group, Tiger Trailers Limited, Trane Technologies Company, LLC, Trans-System, Inc., Utility Trailer Manufacturing Company, LLC, Vanguard National Trailer Corp., Wabash National Corporation
Key Takeaways
- Smart refrigeration technology, such as IoT-enabled sensors and analytics, is improving fleet visibility, reducing spoilage, and optimizing energy usage in real time.
- Operator priorities are shifting towards electric and hybrid diesel alternatives, responding to changing emission mandates and increasing urban delivery needs.
- Multi-temperature and compartmentalized trailer designs are empowering logistics providers to maximize load flexibility and compliance for mixed-product shipments.
- Segmented end-user needs influence investment: cold storage facilities focus on yard-optimized units, logistics providers require modular flexibility, and retailers demand last-mile tailored solutions.
- Regional growth drivers vary; North America and Asia-Pacific see intensifying infrastructure investments, while EMEA markets are shaped by regulatory alignment and food safety advances.
Tariff Impact
Recent US tariff measures have increased costs for imported refrigerated trailers and components, notably affecting diesel-powered units. Manufacturers are strategically reconsidering supply chains, pursuing local assembly and forming domestic supplier partnerships to navigate tariff pressure. Rental providers and fleet operators are reviewing cost-of-ownership models, prompting a reassessment of rental versus ownership and creation of flexible leasing arrangements. These shifts emphasize the need for adaptable supply chain strategies and strengthen innovation across the refrigerated trailer ecosystem.
Methodology & Data Sources
This analysis leverages primary interviews with industry executives, fleet managers, and technology providers, supplemented by regulatory filings, industry reports, and academic studies. Quantitative data include proprietary databases on trailer registrations and refrigeration unit shipments, validated through multi-tier expert review and data triangulation for accuracy.
Why This Report Matters
- Gain clarity on evolving technology, operations, and business models to guide investment planning.
- Identify competitive strategies and procurement options to enhance fleet resilience amid regulatory and market changes.
- Benefit from actionable insights tailored to the needs of manufacturers, fleet owners, logistics firms, and retail distributors.
Conclusion
The refrigerated trailer market is entering a phase of accelerated transformation shaped by digitalization, regional nuances, and sustainability imperatives. Organizations adopting agile, data-driven strategies and technology partnerships stand to secure long-term value as the cold chain continues to evolve.
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- Purchase of this report includes 1 year online access with quarterly updates.
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Table of Contents
3. Executive Summary
4. Market Overview
7. Cumulative Impact of Artificial Intelligence 2025
Companies Mentioned
The companies profiled in this Refrigerated Trailer market report include:- AAA Trailers
- Carrier Global Corporation
- CIMC Vehicles Co., Ltd.
- Daimler Truck AG
- Fahrzeugwerk Bernard KRONE GmbH & Co. KG
- Gray & Adams Group
- Great Dane LLC
- Halvor Lines, Inc.
- Humbaur GmbH
- Hyundai Motor Company
- Kögel Trailer GmbH
- LAMBERET SAS
- Manac Inc.
- Montracon Ltd.
- Polar King. International, Inc.
- Schmitz Cargobull AG
- SOR Ibérica S.A.U
- Stevens Transport, Inc.
- STI HOLDINGS, INC.
- The Reefer Group
- Tiger Trailers Limited
- Trane Technologies Company, LLC
- Trans-System, Inc.
- Utility Trailer Manufacturing Company, LLC
- Vanguard National Trailer Corp.
- Wabash National Corporation
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 191 |
| Published | November 2025 |
| Forecast Period | 2025 - 2032 |
| Estimated Market Value ( USD | $ 93.28 Billion |
| Forecasted Market Value ( USD | $ 164.12 Billion |
| Compound Annual Growth Rate | 8.3% |
| Regions Covered | Global |
| No. of Companies Mentioned | 27 |
