Market Share of Indonesia Refrigerated Trailer Industry
Indonesia's refrigerated trailer market is dominated by several key players, such as Wabash National Corporation, Trane Technologies, Great Dane LLC, and Others. Rapid expansion of the logistics sector across the country is likely to witness major growth for the market in the coming years. For instance,
In May 2023, PT Adi Sarana Armada Tbk (ASSA), one of the largest transportation service companies in Indonesia, and Triputra Group, a significant agricultural conglomerate in Indonesia, participated in the USD 3.8 million (RM17 million) seed round that Coldspace, an Indonesian provider of integrated cold chain solutions, completed.
In June 2022, Fresh Factory, an integrated cold chain firm in Indonesia, received USD 4.5 million in initial investment from East Ventures. PT. Saratoga Investama Sedaya TBK, Trihill Capital, Indogen Capital, Prasetia Dwidharma, Number Capital, Y Combinator, and angel investors were also participants in the round, according to a release from Fresh Factory.
Indonesia Refrigerated Trailer Market Leaders
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Wabash National Corporation.
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Trane Technologies Company, LLC
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Schmitz Cargobull AG
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Great Dane LLC
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Carrier Global Corporation
*Disclaimer: Major Players sorted in no particular order
