How big is the Mexico Refrigerated Truck Market?

The Mexico Refrigerated Truck Market size is expected to reach USD 0.76 billion in 2024 and grow at a CAGR of 7.10% to reach USD 1.07 billion by 2029. Read More

What is the current Mexico Refrigerated Truck Market size?

In 2024, the Mexico Refrigerated Truck Market size is expected to reach USD 0.76 billion. Read More

Who are the key players in Mexico Refrigerated Truck Market?

Thermo King Corporation, Utility Trailer Manufacturing Company LLC, Wabash National Corporation, Hyundai Translead, Inc. and Vanguard National Trailer Corp. are the major companies operating in the Mexico Refrigerated Truck Market. Read More

What years does this Mexico Refrigerated Truck Market cover, and what was the market size in 2023?

In 2023, the Mexico Refrigerated Truck Market size was estimated at USD 0.71 billion. The report covers the Mexico Refrigerated Truck Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Mexico Refrigerated Truck Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Mexico Refrigerated Truck Market Size & Share Analysis - Industry Research Report

Mexico Refrigerated Truck Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Mexican Refrigerated Truck Market Report is Segmented by Truck Type (Light -Duty Trucks, Medium and Heavy-Duty Trucks), Temperature Range (Multi-Temperature Range and Single Temperature Range), Type (Chiller and Freezer), End User (Healthcare Sector, Food and Beverage Sector, Chemicals, and Others). The Report Covers the Market Size and Forecast in Value (USD) for all the Abovementioned Segments.

Mexico Refrigerated Truck Industry Overview

Mexico's refrigerated truck market is dominated by several key players, such as Wabash National Corporation, Utility Trailler Manufacturing LLC, Thermo King Corporation, and Hyndai Tanslead Inc. The market is expected to witness major growth during the forecast period due to the growing strategic development among trailer manufacturers and the rapid expansion of refrigerated trailer manufacturing facilities across the country. For instance,

In September 2023, Utility Trailer Inc. and Schmitz Cargobull jointly developed a new refrigeration unit technology. The new technology reduces and eliminates emissions, achieves up to 20% reduction in fuel consumption, and enables advanced trailer telematics for fleet logistics management.
In December 2022, Grupo Lala bought 30 fully electric refrigerated trucks, the first of their kind in Mexico. These T45C model units, manufactured by BYD, will help reduce the company's carbon footprint while improving distribution. Grupo Lala aims to use these trucks to reduce their carbon footprint every year, making it a significant step toward sustainability.