Global car refrigerator market was valued at 883 Million US$ in 2018 and is projected to reach 1207 Million US$ by 2024
Wednesday, 27 Jul, 2022
A car refrigerator is a freezer that can be carried on a car. Car refrigerator is a new generation of refrigeration and refrigerating appliances popular in the international market in recent years. There are mainly two types of car refrigerators on the market. One is a semiconductor car refrigerator; its principle is to use electronic chips for cooling. The other is a compressor car refrigerator, compressor is a traditional refrigerator technology. The refrigeration temperature of a compressor refrigerator is low, generally between -18 ° C and -10 ° C. It has high refrigeration efficiency, can make ice, keep fresh, and has a large volume.

Vehicle refrigerators are generally composed of four parts: cabinet, refrigeration system, control system and application accessories. The main raw materials of the vehicle refrigerator industry are metal materials, plastic materials and compressors. The downstream is mainly car supply stores, brand stores and online E-commerce. According to statistics, there are currently more than 1,000 companies specializing in the production of automotive refrigerators in the world, most of which are located in the United States, Japan, and China, and a large number of manufacturers of traditional household refrigerators have also started to enter the automotive refrigerator industry. At present, the automotive refrigerator industry is fiercely competitive, and there are many automotive refrigerator products, but there is no monopoly brand.

Global car refrigerator market was valued at 883 Million US$ in 2018 and is projected to reach 1207 Million US$ by 2024, at a CAGR of 5.34% during the forecast period. The main consumer markets for car refrigerators are concentrated in the United States and Europe, with China growing fastest. The development prospect of the car refrigerator market is good for the following reasons: 
1. Car ownership keeps growing and the market demand for car refrigerators is expanding simultaneously.
2. Self-driving tours are becoming more and more popular, and car refrigerators help improve tourism quality.
3. The car refrigerator can serve iced drinks and fresh fruits to increase self-driving fun. The car refrigerator can also protect travel health and store breast milk medicine.

Key players in global car refrigerator market include: MOBICOOL, Koolatron, indelB, PNDA, Tingwei, NFA, Autosuper, Ezetil etc.