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Development Situation of the Refrigerated Vehicle Industry in China and the Trend Analysis

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  • Time of issue:2019-12-20
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Development Situation of the Refrigerated Vehicle Industry in China and the Trend Analysis

(Summary description)The refrigerated vehicle volume keeps increasing greatly; the NEV refrigerated truck has a extensive market prospect.

  • Categories:Industry News
  • Author:
  • Origin:
  • Time of issue:2019-12-20 11:21
  • Views:0
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-The refrigerated vehicle volume keeps increasing greatly; the NEV refrigerated truck has a extensive market prospect.

1. In 2019, the refrigerated truck volume is about 214,700 units.

Cold chain logistics is a main part of the modern logistics industry, among which, refrigerated trucks is the core transport equipment. Figure shows that the refrigerated truck volume keeps a high increasing of over 20% annually from 2015-2019. Compared with 2018, it increases about 34,700, and the total volume of refrigerator trucks is about 214,700.

Development Situation of the Refrigerated Vehicle Industry in China and the Trend Analysis

2. In 2019, the East China is leading in refrigerated truck growth amount.

In 2019, refrigerated truck increase rate of South China, East-north China, North China, and West-north China are all higher than 2018. In East China, the increase rate is about 31.9%, which is leading in China.

Development Situation of the Refrigerated Vehicle Industry in China and the Trend Analysis

3. Light trucks, diesel trucks are the most popular vehicles.

There are 4 types of refrigerated trucks: Light, heavy-duty, Medium, and Mini types.

In 2019.1-11, the biggest growth amount is light trucks, which increases 18,300 units; the second growth is heavy-duty truck, which increases 9,058 units.

Development Situation of the Refrigerated Vehicle Industry in China and the Trend Analysis

There are 4 types of refrigerated trucks: Light, heavy-duty, Medium, and Mini types.

In 2019.1-11, the biggest growth amount is light trucks, which increases 18,300 units; the second growth is heavy-duty truck, which increases 9,058 units.

If by fuel type, diesel trucks increasing volume is the No. 1, which increases for 20,400 units;the second growth is gasoline refrigerated trucks that increased for 2,092 units.

Development Situation of the Refrigerated Vehicle Industry in China and the Trend Analysis

4. Chinese government energize the NEV development.

In eco-friendly trend, new energy vehicles(NEV) gains great attention from the Chinese government.

In 2019, China MIIT published the NEV Recommended Model List and Free-tax(Vehicle Purchase Tax) NEV Models List, to motivate consumption on the NEV.

2019 China Policy on Motivating the NEV Consumption

Policy Descriptions

Recommended List 

2019, the government published and recommended 82 refrigerated vehicles: 79 full-electric, 2 hybrid refrigerated trucks, and 1 fuel cell refrigerated truck.

Vehicle Purchase Tax-free Policies

2019, There are 39 NEV enjoy the tax-free preferential policies: 34 full-electric, 4 hybrid refrigerated trucks, and 1 fuel cell refrigerated truck.

With the improvement of Chinese living standard, the cold chain logistics have already run into a fast development period in China; the next decade will be the golden 10 years for refrigerated trucks and truck refrigeration units, as well as the whole cold china industry.

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