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Vehicle Refrigeration Systems Market Size, Share 2024
In an air-conditioner?s refrigeration system, the refrigerant picks up heat from the pas?senger compartment and is pumped to the condenser where it gives up its heat to the outside air, and then flows back through the system to pick up more heat.?
This report aims to provide a comprehensive presentation of the global market for Vehicle Refrigeration Systems, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Vehicle Refrigeration Systems. This report contains market size and forecasts of Vehicle Refrigeration Systems in global, including the following market information:
Global Vehicle Refrigeration Systems Market Revenue, 2019-2024, 2025-2030, ($ millions)
Global top five companies in 2023 (%)
The global Vehicle Refrigeration Systems market was valued at US$ million in 2023 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2023, While China is to reach $ Million.
Compressors Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Vehicle Refrigeration Systems include DENSO Corporation, MAHLE GmbH, Valeo Group, Hanon Systems Corp. and Marelli Corporation, etc. in 2023, the global top five players have a share approximately % in terms of revenue.
We surveyed the Vehicle Refrigeration Systems companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Vehicle Refrigeration Systems Market, by Type, 2019-2024, 2025-2030 ($ millions)
Global Vehicle Refrigeration Systems Market Segment Percentages, by Type, 2023 (%)
Compressors
Condensers
Evaporators
Others
Global Vehicle Refrigeration Systems Market, by Application, 2019-2024, 2025-2030 ($ millions)
Global Vehicle Refrigeration Systems Market Segment Percentages, by Application, 2023 (%)
Passenger Cars
Commercial Vehicles
Global Vehicle Refrigeration Systems Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions)
Global Vehicle Refrigeration Systems Market Segment Percentages, By Region and Country, 2023 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Vehicle Refrigeration Systems revenues in global market, 2019-2024 (estimated), ($ millions)
Key companies Vehicle Refrigeration Systems revenues share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
DENSO Corporation
MAHLE GmbH
Valeo Group
Hanon Systems Corp.
Marelli Corporation
Outline of Major Chapters:
Chapter 1: Introduces the definition of Vehicle Refrigeration Systems, market overview.
Chapter 2: Global Vehicle Refrigeration Systems market size in revenue.
Chapter 3: Detailed analysis of Vehicle Refrigeration Systems company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Vehicle Refrigeration Systems in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
| Report Attributes |
Report Details |
| Report Title |
Vehicle Refrigeration Systems Market, Global Outlook and Forecast 2024-2030 |
| Historical Year |
2018 to 2022 (Data from 2010 can be provided as per availability) |
| Base Year |
2023 |
| Forecast Year |
2031 |
| Number of Pages |
62 Pages |
| Customization Available |
Yes, the report can be customized as per your need. |
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 Vehicle Refrigeration Systems Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Vehicle Refrigeration Systems Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Vehicle Refrigeration Systems Overall Market Size
2.1 Global Vehicle Refrigeration Systems Market Size: 2023 VS 2030
2.2 Global Vehicle Refrigeration Systems Market Size, Prospects & Forecasts: 2019-2030
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Vehicle Refrigeration Systems Players in Global Market
3.2 Top Global Vehicle Refrigeration Systems Companies Ranked by Revenue
3.3 Global Vehicle Refrigeration Systems Revenue by Companies
3.4 Top 3 and Top 5 Vehicle Refrigeration Systems Companies in Global Market, by Revenue in 2023
3.5 Global Companies Vehicle Refrigeration Systems Product Type
3.6 Tier 1, Tier 2 and Tier 3 Vehicle Refrigeration Systems Players in Global Market
3.6.1 List of Global Tier 1 Vehicle Refrigeration Systems Companies
3.6.2 List of Global Tier 2 and Tier 3 Vehicle Refrigeration Systems Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global Vehicle Refrigeration Systems Market Size Markets, 2023 & 2030
4.1.2 Compressors
4.1.3 Condensers
4.1.4 Evaporators
4.1.5 Others
4.2 By Type - Global Vehicle Refrigeration Systems Revenue & Forecasts
4.2.1 By Type - Global Vehicle Refrigeration Systems Revenue, 2019-2024
4.2.2 By Type - Global Vehicle Refrigeration Systems Revenue, 2025-2030
4.2.3 By Type - Global Vehicle Refrigeration Systems Revenue Market Share, 2019-2030
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Vehicle Refrigeration Systems Market Size, 2023 & 2030
5.1.2 Passenger Cars
5.1.3 Commercial Vehicles
5.2 By Application - Global Vehicle Refrigeration Systems Revenue & Forecasts
5.2.1 By Application - Global Vehicle Refrigeration Systems Revenue, 2019-2024
5.2.2 By Application - Global Vehicle Refrigeration Systems Revenue, 2025-2030
5.2.3 By Application - Global Vehicle Refrigeration Systems Revenue Market Share, 2019-2030
6 Sights by Region
6.1 By Region - Global Vehicle Refrigeration Systems Market Size, 2023 & 2030
6.2 By Region - Global Vehicle Refrigeration Systems Revenue & Forecasts
6.2.1 By Region - Global Vehicle Refrigeration Systems Revenue, 2019-2024
6.2.2 By Region - Global Vehicle Refrigeration Systems Revenue, 2025-2030
6.2.3 By Region - Global Vehicle Refrigeration Systems Revenue Market Share, 2019-2030
6.3 North America
6.3.1 By Country - North America Vehicle Refrigeration Systems Revenue, 2019-2030
6.3.2 US Vehicle Refrigeration Systems Market Size, 2019-2030
6.3.3 Canada Vehicle Refrigeration Systems Market Size, 2019-2030
6.3.4 Mexico Vehicle Refrigeration Systems Market Size, 2019-2030
6.4 Europe
6.4.1 By Country - Europe Vehicle Refrigeration Systems Revenue, 2019-2030
6.4.2 Germany Vehicle Refrigeration Systems Market Size, 2019-2030
6.4.3 France Vehicle Refrigeration Systems Market Size, 2019-2030
6.4.4 U.K. Vehicle Refrigeration Systems Market Size, 2019-2030
6.4.5 Italy Vehicle Refrigeration Systems Market Size, 2019-2030
6.4.6 Russia Vehicle Refrigeration Systems Market Size, 2019-2030
6.4.7 Nordic Countries Vehicle Refrigeration Systems Market Size, 2019-2030
6.4.8 Benelux Vehicle Refrigeration Systems Market Size, 2019-2030
6.5 Asia
6.5.1 By Region - Asia Vehicle Refrigeration Systems Revenue, 2019-2030
6.5.2 China Vehicle Refrigeration Systems Market Size, 2019-2030
6.5.3 Japan Vehicle Refrigeration Systems Market Size, 2019-2030
6.5.4 South Korea Vehicle Refrigeration Systems Market Size, 2019-2030
6.5.5 Southeast Asia Vehicle Refrigeration Systems Market Size, 2019-2030
6.5.6 India Vehicle Refrigeration Systems Market Size, 2019-2030
6.6 South America
6.6.1 By Country - South America Vehicle Refrigeration Systems Revenue, 2019-2030
6.6.2 Brazil Vehicle Refrigeration Systems Market Size, 2019-2030
6.6.3 Argentina Vehicle Refrigeration Systems Market Size, 2019-2030
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Vehicle Refrigeration Systems Revenue, 2019-2030
6.7.2 Turkey Vehicle Refrigeration Systems Market Size, 2019-2030
6.7.3 Israel Vehicle Refrigeration Systems Market Size, 2019-2030
6.7.4 Saudi Arabia Vehicle Refrigeration Systems Market Size, 2019-2030
6.7.5 UAE Vehicle Refrigeration Systems Market Size, 2019-2030
7 Vehicle Refrigeration Systems Companies Profiles
7.1 DENSO Corporation
7.1.1 DENSO Corporation Company Summary
7.1.2 DENSO Corporation Business Overview
7.1.3 DENSO Corporation Vehicle Refrigeration Systems Major Product Offerings
7.1.4 DENSO Corporation Vehicle Refrigeration Systems Revenue in Global Market (2019-2024)
7.1.5 DENSO Corporation Key News & Latest Developments
7.2 MAHLE GmbH
7.2.1 MAHLE GmbH Company Summary
7.2.2 MAHLE GmbH Business Overview
7.2.3 MAHLE GmbH Vehicle Refrigeration Systems Major Product Offerings
7.2.4 MAHLE GmbH Vehicle Refrigeration Systems Revenue in Global Market (2019-2024)
7.2.5 MAHLE GmbH Key News & Latest Developments
7.3 Valeo Group
7.3.1 Valeo Group Company Summary
7.3.2 Valeo Group Business Overview
7.3.3 Valeo Group Vehicle Refrigeration Systems Major Product Offerings
7.3.4 Valeo Group Vehicle Refrigeration Systems Revenue in Global Market (2019-2024)
7.3.5 Valeo Group Key News & Latest Developments
7.4 Hanon Systems Corp.
7.4.1 Hanon Systems Corp. Company Summary
7.4.2 Hanon Systems Corp. Business Overview
7.4.3 Hanon Systems Corp. Vehicle Refrigeration Systems Major Product Offerings
7.4.4 Hanon Systems Corp. Vehicle Refrigeration Systems Revenue in Global Market (2019-2024)
7.4.5 Hanon Systems Corp. Key News & Latest Developments
7.5 Marelli Corporation
7.5.1 Marelli Corporation Company Summary
7.5.2 Marelli Corporation Business Overview
7.5.3 Marelli Corporation Vehicle Refrigeration Systems Major Product Offerings
7.5.4 Marelli Corporation Vehicle Refrigeration Systems Revenue in Global Market (2019-2024)
7.5.5 Marelli Corporation Key News & Latest Developments
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
LIST OF TABLES & FIGURES
List of Tables
Table 1. Vehicle Refrigeration Systems Market Opportunities & Trends in Global Market
Table 2. Vehicle Refrigeration Systems Market Drivers in Global Market
Table 3. Vehicle Refrigeration Systems Market Restraints in Global Market
Table 4. Key Players of Vehicle Refrigeration Systems in Global Market
Table 5. Top Vehicle Refrigeration Systems Players in Global Market, Ranking by Revenue (2023)
Table 6. Global Vehicle Refrigeration Systems Revenue by Companies, (US$, Mn), 2019-2024
Table 7. Global Vehicle Refrigeration Systems Revenue Share by Companies, 2019-2024
Table 8. Global Companies Vehicle Refrigeration Systems Product Type
Table 9. List of Global Tier 1 Vehicle Refrigeration Systems Companies, Revenue (US$, Mn) in 2023 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Vehicle Refrigeration Systems Companies, Revenue (US$, Mn) in 2023 and Market Share
Table 11. By Type ? Global Vehicle Refrigeration Systems Revenue, (US$, Mn), 2023 & 2030
Table 12. By Type - Vehicle Refrigeration Systems Revenue in Global (US$, Mn), 2019-2024
Table 13. By Type - Vehicle Refrigeration Systems Revenue in Global (US$, Mn), 2025-2030
Table 14. By Application ? Global Vehicle Refrigeration Systems Revenue, (US$, Mn), 2023 & 2030
Table 15. By Application - Vehicle Refrigeration Systems Revenue in Global (US$, Mn), 2019-2024
Table 16. By Application - Vehicle Refrigeration Systems Revenue in Global (US$, Mn), 2025-2030
Table 17. By Region ? Global Vehicle Refrigeration Systems Revenue, (US$, Mn), 2023 & 2030
Table 18. By Region - Global Vehicle Refrigeration Systems Revenue (US$, Mn), 2019-2024
Table 19. By Region - Global Vehicle Refrigeration Systems Revenue (US$, Mn), 2025-2030
Table 20. By Country - North America Vehicle Refrigeration Systems Revenue, (US$, Mn), 2019-2024
Table 21. By Country - North America Vehicle Refrigeration Systems Revenue, (US$, Mn), 2025-2030
Table 22. By Country - Europe Vehicle Refrigeration Systems Revenue, (US$, Mn), 2019-2024
Table 23. By Country - Europe Vehicle Refrigeration Systems Revenue, (US$, Mn), 2025-2030
Table 24. By Region - Asia Vehicle Refrigeration Systems Revenue, (US$, Mn), 2019-2024
Table 25. By Region - Asia Vehicle Refrigeration Systems Revenue, (US$, Mn), 2025-2030
Table 26. By Country - South America Vehicle Refrigeration Systems Revenue, (US$, Mn), 2019-2024
Table 27. By Country - South America Vehicle Refrigeration Systems Revenue, (US$, Mn), 2025-2030
Table 28. By Country - Middle East & Africa Vehicle Refrigeration Systems Revenue, (US$, Mn), 2019-2024
Table 29. By Country - Middle East & Africa Vehicle Refrigeration Systems Revenue, (US$, Mn), 2025-2030
Table 30. DENSO Corporation Company Summary
Table 31. DENSO Corporation Vehicle Refrigeration Systems Product Offerings
Table 32. DENSO Corporation Vehicle Refrigeration Systems Revenue (US$, Mn) & (2019-2024)
Table 33. DENSO Corporation Key News & Latest Developments
Table 34. MAHLE GmbH Company Summary
Table 35. MAHLE GmbH Vehicle Refrigeration Systems Product Offerings
Table 36. MAHLE GmbH Vehicle Refrigeration Systems Revenue (US$, Mn) & (2019-2024)
Table 37. MAHLE GmbH Key News & Latest Developments
Table 38. Valeo Group Company Summary
Table 39. Valeo Group Vehicle Refrigeration Systems Product Offerings
Table 40. Valeo Group Vehicle Refrigeration Systems Revenue (US$, Mn) & (2019-2024)
Table 41. Valeo Group Key News & Latest Developments
Table 42. Hanon Systems Corp. Company Summary
Table 43. Hanon Systems Corp. Vehicle Refrigeration Systems Product Offerings
Table 44. Hanon Systems Corp. Vehicle Refrigeration Systems Revenue (US$, Mn) & (2019-2024)
Table 45. Hanon Systems Corp. Key News & Latest Developments
Table 46. Marelli Corporation Company Summary
Table 47. Marelli Corporation Vehicle Refrigeration Systems Product Offerings
Table 48. Marelli Corporation Vehicle Refrigeration Systems Revenue (US$, Mn) & (2019-2024)
Table 49. Marelli Corporation Key News & Latest Developments
List of Figures
Figure 1. Vehicle Refrigeration Systems Segment by Type in 2023
Figure 2. Vehicle Refrigeration Systems Segment by Application in 2023
Figure 3. Global Vehicle Refrigeration Systems Market Overview: 2023
Figure 4. Key Caveats
Figure 5. Global Vehicle Refrigeration Systems Market Size: 2023 VS 2030 (US$, Mn)
Figure 6. Global Vehicle Refrigeration Systems Revenue, 2019-2030 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Vehicle Refrigeration Systems Revenue in 2023
Figure 8. By Type - Global Vehicle Refrigeration Systems Revenue Market Share, 2019-2030
Figure 9. By Application - Global Vehicle Refrigeration Systems Revenue Market Share, 2019-2030
Figure 10. By Type - Global Vehicle Refrigeration Systems Revenue, (US$, Mn), 2023 & 2030
Figure 11. By Type - Global Vehicle Refrigeration Systems Revenue Market Share, 2019-2030
Figure 12. By Application - Global Vehicle Refrigeration Systems Revenue, (US$, Mn), 2023 & 2030
Figure 13. By Application - Global Vehicle Refrigeration Systems Revenue Market Share, 2019-2030
Figure 14. By Region - Global Vehicle Refrigeration Systems Revenue Market Share, 2019-2030
Figure 15. By Country - North America Vehicle Refrigeration Systems Revenue Market Share, 2019-2030
Figure 16. US Vehicle Refrigeration Systems Revenue, (US$, Mn), 2019-2030
Figure 17. Canada Vehicle Refrigeration Systems Revenue, (US$, Mn), 2019-2030
Figure 18. Mexico Vehicle Refrigeration Systems Revenue, (US$, Mn), 2019-2030
Figure 19. By Country - Europe Vehicle Refrigeration Systems Revenue Market Share, 2019-2030
Figure 20. Germany Vehicle Refrigeration Systems Revenue, (US$, Mn), 2019-2030
Figure 21. France Vehicle Refrigeration Systems Revenue, (US$, Mn), 2019-2030
Figure 22. U.K. Vehicle Refrigeration Systems Revenue, (US$, Mn), 2019-2030
Figure 23. Italy Vehicle Refrigeration Systems Revenue, (US$, Mn), 2019-2030
Figure 24. Russia Vehicle Refrigeration Systems Revenue, (US$, Mn), 2019-2030
Figure 25. Nordic Countries Vehicle Refrigeration Systems Revenue, (US$, Mn), 2019-2030
Figure 26. Benelux Vehicle Refrigeration Systems Revenue, (US$, Mn), 2019-2030
Figure 27. By Region - Asia Vehicle Refrigeration Systems Revenue Market Share, 2019-2030
Figure 28. China Vehicle Refrigeration Systems Revenue, (US$, Mn), 2019-2030
Figure 29. Japan Vehicle Refrigeration Systems Revenue, (US$, Mn), 2019-2030
Figure 30. South Korea Vehicle Refrigeration Systems Revenue, (US$, Mn), 2019-2030
Figure 31. Southeast Asia Vehicle Refrigeration Systems Revenue, (US$, Mn), 2019-2030
Figure 32. India Vehicle Refrigeration Systems Revenue, (US$, Mn), 2019-2030
Figure 33. By Country - South America Vehicle Refrigeration Systems Revenue Market Share, 2019-2030
Figure 34. Brazil Vehicle Refrigeration Systems Revenue, (US$, Mn), 2019-2030
Figure 35. Argentina Vehicle Refrigeration Systems Revenue, (US$, Mn), 2019-2030
Figure 36. By Country - Middle East & Africa Vehicle Refrigeration Systems Revenue Market Share, 2019-2030
Figure 37. Turkey Vehicle Refrigeration Systems Revenue, (US$, Mn), 2019-2030
Figure 38. Israel Vehicle Refrigeration Systems Revenue, (US$, Mn), 2019-2030
Figure 39. Saudi Arabia Vehicle Refrigeration Systems Revenue, (US$, Mn), 2019-2030
Figure 40. UAE Vehicle Refrigeration Systems Revenue, (US$, Mn), 2019-2030
Figure 41. DENSO Corporation Vehicle Refrigeration Systems Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 42. MAHLE GmbH Vehicle Refrigeration Systems Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 43. Valeo Group Vehicle Refrigeration Systems Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 44. Hanon Systems Corp. Vehicle Refrigeration Systems Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 45. Marelli Corporation Vehicle Refrigeration Systems Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
