Transport Refrigeration Units (Tru) Market Size, Share & Demand Report By Vehicle Type (Trailers, Trucks, Vans, Containers), By Technology (Diesel-Powered, Electric-Powered, Hybrid Systems), By Application (Frozen Food Transportation, Dairy Products, Pharmaceutical Transportation, Chemicals, Fresh Produce), By End-Use (Food & Beverage, Healthcare & Pharmaceuticals, Chemicals, Retail & E-commerce), By Region & Segment Forecasts, 2025–2034

Market Trends

Growing Adoption of Electric and Hybrid Refrigeration Systems

The increasing adoption of electric and hybrid transport refrigeration systems is emerging as a major trend in the global Transport Refrigeration Units (Tru) Market. Fleet operators are under pressure to reduce carbon emissions and comply with stricter environmental regulations related to diesel engine usage and refrigerant emissions. As a result, manufacturers are introducing electric-powered refrigeration systems that operate with lower noise levels and reduced fuel consumption. Urban logistics providers and retail distribution companies are increasingly adopting battery-powered transport refrigeration systems for last-mile delivery operations in metropolitan areas. This trend is particularly visible in Europe and North America, where governments are encouraging low-emission transportation technologies through incentives and emission compliance frameworks.

The development of advanced lithium-ion battery technology and energy-efficient compressors is further accelerating the adoption of electric refrigeration units. Logistics companies are also integrating solar-assisted refrigeration technologies to improve sustainability and operational efficiency. The shift toward electric fleets in the commercial transportation sector is creating demand for compatible refrigeration systems with improved temperature stability and lower maintenance requirements. Furthermore, rising investment in green cold chain infrastructure is encouraging manufacturers to develop environmentally responsible refrigeration technologies. This transition toward cleaner refrigeration systems is expected to reshape the competitive landscape over the forecast period.

Integration of IoT and Real-Time Temperature Monitoring Solutions

The integration of IoT-enabled monitoring systems and smart telematics platforms is becoming a significant trend across the Transport Refrigeration Units (Tru) Market. Cold chain operators are increasingly deploying connected refrigeration systems to improve cargo visibility, optimize fuel consumption, and maintain product quality during transit. Real-time monitoring solutions enable fleet managers to track temperature variations, route efficiency, equipment performance, and maintenance schedules remotely. This trend is especially important for pharmaceutical and healthcare transportation, where temperature-sensitive products require strict compliance with quality standards.

Advanced refrigeration systems are now equipped with cloud-based analytics, predictive maintenance capabilities, and automated alert systems that improve operational reliability. Food distributors and retail chains are investing in intelligent cold chain systems to minimize spoilage and reduce product losses during transportation. The growing penetration of 5G connectivity and digital logistics platforms is also supporting the adoption of advanced monitoring technologies. In addition, regulatory authorities in several countries are implementing stricter monitoring requirements for refrigerated transportation, further increasing demand for smart refrigeration solutions. The expansion of connected logistics ecosystems is expected to support the long-term modernization of refrigerated transportation networks worldwide.

Market Drivers

Rising Demand for Cold Chain Logistics in the Food Industry

The growing demand for temperature-controlled logistics in the global food industry is a major driver for the Transport Refrigeration Units (Tru) Market. Increasing consumption of frozen foods, dairy products, seafood, processed meat, and ready-to-eat meals is creating strong demand for refrigerated transportation infrastructure. Changing consumer lifestyles, rapid urbanization, and increasing disposable incomes are contributing to the expansion of cold chain logistics networks across emerging economies. Supermarkets, hypermarkets, and online grocery delivery platforms are heavily dependent on refrigerated transportation systems to maintain food quality and freshness during transit.

International trade of perishable food products has also increased significantly, encouraging logistics providers to invest in advanced refrigeration units for long-distance transportation. Governments in several countries are supporting cold chain infrastructure development to reduce food wastage and improve food security. The expansion of organized retail and food processing industries is further supporting demand for transport refrigeration systems. In addition, rising awareness regarding food safety standards and quality compliance is encouraging food manufacturers and distributors to adopt efficient refrigerated transportation solutions. These factors are expected to sustain market growth throughout the forecast period.

Expanding Pharmaceutical and Healthcare Transportation Requirements

The increasing transportation of temperature-sensitive pharmaceutical products is another important driver for the Transport Refrigeration Units (Tru) Market. Vaccines, biologics, specialty medicines, and clinical trial materials require precise temperature control during transportation to maintain product integrity and effectiveness. The expansion of the global pharmaceutical industry and growing healthcare expenditure are driving investments in advanced cold chain logistics systems. Pharmaceutical manufacturers and healthcare providers are adopting high-performance refrigeration units equipped with real-time temperature monitoring systems to ensure regulatory compliance.

The growth of biotechnology products and personalized medicines is further increasing demand for reliable refrigerated transportation systems. In addition, the expansion of vaccine distribution programs across developing economies is creating opportunities for cold chain logistics providers. Government healthcare initiatives and rising awareness regarding pharmaceutical safety standards are encouraging logistics companies to modernize their refrigerated transportation fleets. The increasing focus on reducing product losses and ensuring uninterrupted temperature control during transit is also supporting demand for advanced refrigeration technologies. As pharmaceutical trade continues to expand globally, the need for efficient transport refrigeration systems is expected to rise steadily.

Market Restraints

High Initial Investment and Maintenance Costs

High installation, operational, and maintenance costs remain a major restraint for the Transport Refrigeration Units (Tru) Market. Advanced refrigeration systems equipped with telematics, energy-efficient compressors, and electric-powered technologies require significant upfront investments, making adoption challenging for small and medium-sized logistics operators. Diesel-powered refrigeration systems also involve considerable fuel expenses and maintenance requirements, particularly for fleets operating across long-distance transportation routes. Frequent servicing, refrigerant replacement, and component repairs increase the total cost of ownership for transport refrigeration equipment.

In emerging economies, inadequate cold chain infrastructure and limited access to financing create additional challenges for fleet modernization. Smaller logistics providers often rely on older refrigeration systems due to budget limitations, reducing the adoption rate of technologically advanced solutions. Moreover, fluctuations in fuel prices and rising regulatory compliance costs related to refrigerant emissions increase operational expenses for transportation companies. The shortage of skilled technicians for maintaining advanced refrigeration systems can also affect operational efficiency. These cost-related challenges may limit market penetration in price-sensitive regions despite the growing need for refrigerated transportation.

Market Opportunities

Expansion of Cold Chain Infrastructure in Emerging Economies

The rapid expansion of cold chain infrastructure across emerging economies presents a major opportunity for the Transport Refrigeration Units (Tru) Market. Countries in Asia Pacific, Latin America, and the Middle East are investing heavily in refrigerated warehousing, food processing facilities, and temperature-controlled transportation systems to improve food distribution networks. Population growth, rising urbanization, and increasing demand for processed food products are encouraging governments and private investors to strengthen cold chain logistics capabilities. The development of organized retail and e-commerce grocery delivery services is also increasing demand for reliable refrigerated transportation solutions.

Agricultural exporters in developing countries are increasingly adopting refrigerated transportation systems to reduce post-harvest losses and improve export quality standards. Public-private partnerships aimed at improving food security and reducing food wastage are creating favorable conditions for market growth. Furthermore, increasing investments in pharmaceutical distribution infrastructure are encouraging adoption of advanced transport refrigeration technologies. Manufacturers are expanding their regional presence and introducing cost-effective refrigeration solutions tailored for emerging markets. These developments are expected to create substantial growth opportunities for transport refrigeration equipment suppliers during the forecast period.

Increasing Demand for Sustainable and Low-Emission Refrigeration Technologies

The rising focus on environmental sustainability is creating strong growth opportunities for manufacturers operating in the Transport Refrigeration Units (Tru) Market. Governments and regulatory agencies worldwide are implementing stricter emission standards for transportation equipment, encouraging the adoption of low-emission refrigeration technologies. Fleet operators are increasingly investing in electric and hybrid refrigeration systems to reduce fuel consumption, lower operating costs, and meet sustainability targets. The demand for environmentally friendly refrigerants with lower global warming potential is also supporting technological innovation across the industry.

Manufacturers are developing next-generation refrigeration systems equipped with energy-efficient compressors, solar-assisted power systems, and intelligent power management technologies. Urban logistics companies are particularly interested in electric refrigeration units that support low-noise operations in densely populated areas. The transition toward sustainable transportation systems is also encouraging partnerships between refrigeration equipment manufacturers and electric vehicle producers. In addition, rising corporate sustainability commitments and growing consumer awareness regarding environmental responsibility are influencing purchasing decisions within the logistics industry. These trends are expected to accelerate the adoption of advanced refrigeration technologies and create new revenue opportunities for market participants.

Segmental Analysis

By Vehicle Type

The trailers segment dominated the Transport Refrigeration Units (Tru) Market in 2024 with a market share of approximately 41.36%. Refrigerated trailers are widely used for long-distance transportation of frozen foods, dairy products, pharmaceuticals, and perishable goods due to their large cargo capacity and operational efficiency. Logistics providers and food distributors prefer trailer refrigeration systems for bulk transportation applications across highways and international trade routes. The expansion of organized retail and supermarket distribution networks has significantly increased demand for refrigerated trailers across developed and emerging economies.

Manufacturers are introducing advanced trailer refrigeration systems equipped with telematics, fuel-efficient compressors, and remote monitoring technologies to improve operational performance. In addition, rising international trade of temperature-sensitive products is supporting adoption of trailer refrigeration systems within cold chain logistics operations. The strong presence of refrigerated trucking networks in North America and Europe continues to reinforce the dominance of the trailers segment. Increasing investments in fleet modernization and regulatory compliance are expected to sustain growth in this segment over the forecast period.

The vans segment is expected to be the fastest-growing category within the vehicle type segment, registering a CAGR of 9.8% during the forecast period. The rapid expansion of e-commerce grocery delivery services and urban food distribution networks is driving demand for compact refrigerated vans capable of supporting last-mile delivery operations. Retail chains, online food delivery companies, and pharmaceutical distributors are increasingly investing in refrigerated vans to ensure efficient transportation of temperature-sensitive products in urban environments.

A major growth factor for the vans segment is the increasing demand for same-day delivery services and urban cold chain logistics. Refrigerated vans provide flexibility, lower operational costs, and improved accessibility in densely populated areas compared to larger transportation vehicles. The adoption of electric refrigerated vans is also increasing due to rising environmental concerns and emission regulations. Manufacturers are developing lightweight and energy-efficient refrigeration units specifically designed for urban transportation applications, further supporting segment growth.

By Technology

The diesel-powered refrigeration systems segment dominated the Transport Refrigeration Units (Tru) Market in 2024 with a market share of nearly 52.14%. Diesel-powered refrigeration units remain widely used across long-haul transportation operations due to their reliability, high cooling capacity, and ability to operate independently of vehicle engines. Large transportation fleets and logistics providers continue to rely on diesel-powered systems for transporting frozen foods, pharmaceuticals, and agricultural products across extensive distribution networks.

The dominance of this segment is supported by the availability of diesel infrastructure and the relatively lower upfront costs compared to electric refrigeration technologies. Diesel-powered systems are particularly popular in regions where electric charging infrastructure for commercial vehicles remains underdeveloped. In addition, advancements in fuel efficiency and emission reduction technologies are helping manufacturers improve the environmental performance of diesel-powered refrigeration units. The continued expansion of cross-border refrigerated transportation operations is expected to maintain demand for diesel-based systems during the forecast period.

The electric refrigeration systems segment is projected to record the fastest CAGR of 11.3% during the forecast period. Increasing environmental regulations and growing pressure to reduce transportation-related emissions are encouraging logistics companies to adopt electric-powered refrigeration technologies. Urban logistics providers and retail distribution companies are increasingly investing in battery-powered refrigeration systems to support sustainable transportation operations and comply with low-emission zone requirements.

A key growth factor for the electric refrigeration systems segment is the increasing adoption of electric commercial vehicles within urban delivery fleets. Governments across Europe, North America, and Asia Pacific are offering incentives for zero-emission transportation technologies, accelerating market adoption. Manufacturers are also investing heavily in advanced battery technologies, energy-efficient compressors, and solar-assisted refrigeration systems to improve operational performance. The expansion of green logistics initiatives and corporate sustainability programs is expected to further strengthen demand for electric refrigeration technologies.

By Application

The frozen food transportation segment dominated the Transport Refrigeration Units (Tru) Market in 2024 with a share of approximately 39.42%. Rising global consumption of frozen meals, seafood, meat products, and ready-to-cook foods is driving demand for efficient refrigerated transportation systems. Consumers increasingly prefer convenience foods due to changing lifestyles and urbanization, encouraging retailers and food manufacturers to expand cold chain distribution networks. Refrigerated transportation plays a critical role in maintaining food quality and regulatory compliance throughout the supply chain.

Food manufacturers and supermarket chains are investing heavily in advanced refrigeration technologies to reduce spoilage and improve product shelf life during transportation. The growth of international frozen food trade and expansion of organized retail networks are further supporting demand for transport refrigeration systems in this segment. In addition, government regulations related to food safety and temperature monitoring are encouraging adoption of technologically advanced refrigeration units equipped with real-time tracking capabilities.

The pharmaceutical transportation segment is anticipated to register the fastest CAGR of 10.6% during the forecast period. Increasing transportation of vaccines, biologics, specialty medicines, and temperature-sensitive healthcare products is creating strong demand for advanced refrigerated transportation solutions. Pharmaceutical manufacturers and healthcare logistics providers require precise temperature control and monitoring systems to ensure product safety and regulatory compliance during transit.

A major growth factor driving the pharmaceutical transportation segment is the rapid expansion of biotechnology products and global vaccine distribution programs. The healthcare industry is increasingly dependent on cold chain logistics infrastructure to support international pharmaceutical trade and clinical research activities. Logistics providers are investing in high-performance refrigeration systems with IoT-enabled temperature monitoring technologies to improve cargo security and reduce product losses. Rising healthcare expenditure and expansion of pharmaceutical manufacturing facilities in emerging economies are expected to further accelerate growth in this segment.

Regional Analysis

North America

North America accounted for approximately 36.24% of the global Transport Refrigeration Units (Tru) Market share in 2025, making it the leading regional market. The region is expected to maintain steady growth at a CAGR of 7.8% during the forecast period due to the strong presence of cold chain logistics providers and advanced transportation infrastructure. The United States and Canada have well-established refrigerated transportation networks supporting the food, beverage, pharmaceutical, and healthcare sectors. Increasing consumer demand for frozen foods and fresh produce is driving investments in modern refrigeration systems across commercial transportation fleets. Additionally, the rapid growth of online grocery delivery services and temperature-sensitive pharmaceutical transportation is supporting sustained market demand.

The region is also witnessing increasing adoption of electric and low-emission refrigeration systems due to strict environmental regulations and sustainability initiatives. Fleet operators are investing in technologically advanced refrigeration units equipped with telematics and remote monitoring capabilities to improve efficiency and cargo safety. The expansion of cross-border food trade between the United States, Canada, and Mexico is further increasing the demand for refrigerated transportation solutions. Strong investment in smart logistics infrastructure and fleet modernization programs is expected to support long-term growth in the regional market.

The United States dominated the North American Transport Refrigeration Units (Tru) Market in 2025 due to its extensive cold chain infrastructure and high consumption of frozen and processed foods. The country benefits from a large network of refrigerated trailers, trucks, and distribution centers supporting nationwide food distribution operations. Major logistics companies and supermarket chains continue to invest in advanced transport refrigeration technologies to improve operational efficiency and comply with food safety standards. Increasing pharmaceutical exports and healthcare logistics activities are also driving demand for reliable temperature-controlled transportation systems.

A unique growth factor in the United States market is the rapid adoption of smart fleet management technologies integrated with refrigeration systems. Transportation companies are increasingly using IoT-enabled monitoring platforms to track cargo conditions in real time and reduce product spoilage during transit. The expansion of e-commerce grocery delivery services and same-day food distribution networks is further accelerating demand for compact and energy-efficient refrigeration units. Government incentives supporting clean transportation technologies are also encouraging adoption of electric-powered refrigeration systems across commercial fleets.

Europe

Europe represented nearly 28.11% of the global Transport Refrigeration Units (Tru) Market share in 2025 and is projected to register a CAGR of 7.5% during the forecast period. The region has a mature cold chain logistics industry supported by strict food safety regulations and strong demand for temperature-controlled transportation. Countries across Europe are investing in sustainable transportation technologies to meet carbon reduction targets and improve energy efficiency within logistics operations. The increasing trade of fresh produce, dairy products, and pharmaceuticals across European countries is supporting demand for advanced refrigeration systems.

The European market is witnessing strong adoption of electric and hybrid refrigeration technologies due to environmental regulations targeting diesel emissions. Fleet operators are replacing conventional refrigeration systems with low-emission alternatives to comply with evolving sustainability standards. In addition, rising demand for home delivery services and frozen food distribution is increasing investments in refrigerated vans and light commercial vehicles. The integration of digital monitoring systems and predictive maintenance technologies is also improving operational efficiency across the region’s cold chain transportation network.

Germany dominated the European Transport Refrigeration Units (Tru) Market in 2025 due to its strong logistics infrastructure and large food processing industry. The country serves as a major transportation and distribution hub for refrigerated goods across Europe. German logistics providers are increasingly investing in advanced refrigeration systems to support pharmaceutical exports and cross-border food trade. The presence of leading automotive and refrigeration technology manufacturers further strengthens the country’s position in the regional market.

A unique growth factor driving the German market is the country’s focus on green logistics and sustainable transportation initiatives. Government policies encouraging low-emission transportation systems are accelerating adoption of electric refrigeration units across commercial fleets. Logistics companies are also investing in renewable energy-powered cold chain solutions to reduce operational costs and environmental impact. The expansion of organized retail and online grocery platforms is expected to further increase demand for refrigerated transportation systems in Germany over the coming years.

Asia Pacific

Asia Pacific accounted for approximately 22.47% of the global Transport Refrigeration Units (Tru) Market share in 2025 and is expected to record the fastest CAGR of 10.12% during the forecast period. Rapid urbanization, population growth, and rising disposable incomes are increasing demand for frozen foods, dairy products, and pharmaceutical products across the region. Governments in countries such as China, India, Japan, and South Korea are investing heavily in cold chain infrastructure to reduce food wastage and improve supply chain efficiency. The expansion of organized retail and food delivery services is also driving demand for refrigerated transportation systems.

The regional market is benefiting from rising investments in logistics infrastructure and transportation modernization programs. Pharmaceutical manufacturing and vaccine distribution activities are increasing the need for temperature-controlled transportation solutions across Asia Pacific. In addition, growing international trade of agricultural products and seafood exports is encouraging adoption of advanced refrigeration technologies. Market participants are expanding manufacturing operations and introducing cost-effective refrigeration systems tailored to the needs of emerging economies. These developments are expected to support strong regional market growth through 2034.

China dominated the Asia Pacific Transport Refrigeration Units (Tru) Market in 2025 due to its large food processing industry, expanding pharmaceutical sector, and rapidly growing logistics network. The country has emerged as a major exporter of frozen foods, seafood, and pharmaceutical products, creating strong demand for refrigerated transportation infrastructure. Chinese logistics companies are investing heavily in modern refrigeration systems equipped with smart monitoring technologies to improve operational efficiency and cargo safety.

A unique growth factor driving the Chinese market is the rapid expansion of e-commerce grocery delivery and cold chain retail distribution. Online food delivery platforms and supermarket chains are increasingly adopting refrigerated transportation fleets to support same-day delivery operations. Government investments in rural cold chain infrastructure and agricultural supply chain modernization are also contributing to market growth. The rising adoption of electric commercial vehicles in urban logistics operations is expected to further increase demand for electric-powered refrigeration units across China.

Middle East & Africa

The Middle East & Africa accounted for nearly 7.13% of the global Transport Refrigeration Units (Tru) Market share in 2025 and is projected to register a CAGR of 8.1% during the forecast period. Increasing investments in food security initiatives and pharmaceutical logistics infrastructure are supporting market expansion across the region. Rising temperatures and harsh climatic conditions make refrigerated transportation essential for maintaining food quality and reducing spoilage during transit. Countries across the Gulf Cooperation Council are expanding cold chain logistics networks to support growing food imports and healthcare distribution activities.

The regional market is also benefiting from the expansion of organized retail and hospitality industries. International supermarket chains and food service providers are investing in refrigerated transportation systems to ensure consistent product quality across supply chains. In Africa, growing urbanization and increasing demand for processed foods are encouraging governments and private investors to develop cold storage and refrigerated transportation infrastructure. The expansion of pharmaceutical distribution networks and vaccine transportation programs is expected to further support demand for transport refrigeration units.

Saudi Arabia dominated the Middle East & Africa Transport Refrigeration Units (Tru) Market in 2025 due to its significant dependence on imported food products and advanced logistics infrastructure. The country is investing heavily in refrigerated transportation systems to support food distribution, healthcare logistics, and retail expansion. Large-scale investments in smart cities and logistics hubs are further strengthening demand for temperature-controlled transportation solutions across the kingdom.

A unique growth factor in Saudi Arabia is the government’s focus on strengthening domestic food supply chains and reducing food wastage. Public investments in cold chain modernization and sustainable transportation technologies are encouraging logistics providers to adopt advanced refrigeration systems. In addition, rising pharmaceutical imports and healthcare infrastructure development are increasing the need for reliable refrigerated transportation networks. The expansion of tourism and hospitality industries is also contributing to higher demand for temperature-controlled food transportation services.

Latin America

Latin America represented approximately 6.05% of the global Transport Refrigeration Units (Tru) Market share in 2025 and is expected to register a CAGR of 7.9% during the forecast period. The region is experiencing rising demand for refrigerated transportation due to increasing exports of meat, seafood, fruits, and processed food products. Governments and private investors are focusing on improving cold chain logistics infrastructure to strengthen agricultural exports and reduce post-harvest losses. The growing pharmaceutical industry and expansion of healthcare distribution networks are also contributing to market growth.

The adoption of refrigerated transportation systems is increasing across urban centers due to rising consumption of frozen foods and changing consumer preferences. Logistics providers are investing in modern refrigeration units to improve transportation efficiency and meet international food safety standards. The expansion of supermarket chains, convenience stores, and online grocery delivery services is creating additional demand for refrigerated transportation fleets. Furthermore, increasing investments in smart logistics technologies are supporting the modernization of regional cold chain operations.

Brazil dominated the Latin American Transport Refrigeration Units (Tru) Market in 2025 due to its large agricultural export industry and growing food processing sector. The country is a major exporter of meat, poultry, fruits, and seafood products, requiring efficient refrigerated transportation systems to maintain product quality during domestic and international transit. Brazilian logistics companies are increasingly investing in modern transport refrigeration technologies to improve operational reliability and reduce product losses.

A unique growth factor driving the Brazilian market is the expansion of agricultural exports to international markets requiring strict cold chain compliance standards. Food exporters are modernizing refrigerated transportation fleets to improve export competitiveness and meet regulatory requirements in North America and Europe. Government support for infrastructure development and cold chain modernization projects is also supporting market growth. Rising investments in pharmaceutical logistics and urban food delivery networks are expected to create additional opportunities for transport refrigeration equipment manufacturers in Brazil.

North America	Europe	APAC	Middle East and Africa	LATAM
U.S. Canada	U.K. Germany France Spain Italy Russia Nordic Benelux Rest of Europe	China South Korea Japan India Australia Singapore Taiwan South East Asia Rest of Asia-Pacific	UAE Turky Saudi Arabia South Africa Egypt Nigeria Rest of MEA	Brazil Mexico Argentina Chile Colombia Rest of LATAM

Competitive Landscape

The global Transport Refrigeration Units (Tru) Market is moderately consolidated, with major companies focusing on product innovation, strategic partnerships, fleet electrification, and geographic expansion to strengthen market competitiveness. Leading manufacturers are investing in advanced refrigeration technologies equipped with telematics, predictive maintenance systems, and environmentally friendly refrigerants to address changing customer requirements and regulatory standards. Companies are also emphasizing sustainable refrigeration solutions, including electric and hybrid-powered systems, to reduce operational emissions and improve energy efficiency.

Carrier Transicold emerged as one of the leading players in the market due to its extensive product portfolio, strong global distribution network, and continued investment in electric refrigeration technologies. The company recently introduced advanced electric trailer refrigeration systems designed to support low-emission transportation operations across urban logistics networks. Other major players are expanding production capacities and collaborating with logistics companies to strengthen their market presence. The competitive landscape is expected to remain dynamic as manufacturers focus on technological advancements and expansion into emerging cold chain markets.

Key Players List

1. Carrier Transicold
2. Thermo King
3. Daikin Industries Ltd.
4. Mitsubishi Heavy Industries Ltd.
5. Zanotti S.p.A.
6. Schmitz Cargobull AG
7. Utility Trailer Manufacturing Company
8. Hyundai Translead
9. GAH Refrigeration Ltd.
10. Kingtec Group Company Ltd.
11. Hubbard Products Ltd.
12. Lamberet SAS
13. Singamas Container Holdings Ltd.
14. Klinge Corporation
15. Ingersoll Rand Inc.