According to The insight Partners Research report and latest market study on “Truck Refrigeration Market Forecast to 2027 – COVID-19 Impact and Global Analysis – by Type (Split Systems and Roof Mounted Systems); Application (Frozen and Chilled); Industry Vertical (Food & Beverage, Pharmaceutical & Chemical, and Others); and Vehicle Type (Trailers and Medium & Heavy Commercial Vehicles); Geography” the market was valued at US$ 9,100.1 millionin 2019 and is projected to reach US$ 13336.1 millionby 2027; it is expected to grow at a CAGR of 5.0% from 2020 to 2027.The report highlights the key factors driving the market growth, and prominent players and their developmentsin the market.
