Carrier Transicold (Carrier Global)
HQ US50% share
Dominant reefer (refrigerated container) unit manufacturer; ~50% global market share for container refrigeration machines; part of Carrier Global (NYSE: CARR); also makes truck/trailer reefers
manufactured · input
Container Refrigeration Units (Reefer Machines)
Clip-on refrigeration units maintaining 2°F to 77°F for perishable cargo; Carrier Transicold ~50%, Daikin ~25%, Thermo King (Ingersoll Rand) ~15% market share; R-404A/R-452A refrigerants
5
Source countries
3
Companies
1
Goods affected
0
Claims on record
What depends on it
Goods that need this input
1 essential American goods rely on container refrigeration units (reefer machines) somewhere upstream in their supply chain.
Where it comes from
Source countries
Share of global supply, by country.
| Country | Share of supply |
|---|---|
| JPJapan | 35% |
| USUnited States | 30% |
| CNChina | 20% |
| IEIreland | 8% |
| DEGermany | 5% |
Who makes it
Supplier companies
3 companies produce container refrigeration units (reefer machines).
Daikin Industries Ltd.(6367.T)
HQ JP25% share
Daikin Industries Ltd. (Osaka Japan; Tokyo: 6367; ~¥4.4T revenue 2023) is the world's largest air conditioning manufacturer and a major manufacturer of refrigeration units for ocean shipping containers (reefer container units) through its Daikin Container division. Daikin's reefer container refrigeration units compete with Carrier Transicold container units in the ocean reefer shipping market. Daikin Container's manufacturing is concentrated in Japan and China. Daikin is also the world's largest producer of fluorocarbon refrigerants and fluoropolymers — the chemical feedstocks for HFC refrigerants including the R-452A and R-448A blends that are replacing R-404A in reefer equipment. This creates a unique dual position: Daikin manufactures the reefer equipment AND the refrigerants that run in it, AND the refrigerants' feedstock chemicals. Daikin's acquisition of Goodman (Australia/US HVAC) and McQuay International (US commercial HVAC) makes it the dominant global HVAC manufacturer alongside Carrier and Trane.
Trane Technologies plc(TT)
HQ IE15% share
Trane Technologies plc (Dublin Ireland; NYSE: TT; ~$20B revenue 2023) is the parent of Thermo King, the world's second-largest transport refrigeration unit (TRU) manufacturer. Thermo King holds approximately 35% of the US TRU market. Thermo King traces its history to 1938 when Joseph Numero invented the first mechanical refrigeration system for a truck — transforming fresh produce distribution in America. Ingersoll Rand spun off Trane Technologies in 2020 (alongside the sale of its industrial segment). Thermo King's North American manufacturing is centered at its Bloomington MN facility (near Minneapolis). Thermo King also manufactures in Galway, Ireland (European production hub). Thermo King's Advancer reefer trailer unit is the primary competitor to Carrier's X4 platform. Trane Technologies is pursuing an 'Uplifting the World' sustainability strategy that has included switching Thermo King trailer units to CO2 and electric-drive refrigeration systems.