According to our latest research, the global hybrid refrigerated truck market size reached USD 7.2 billion in 2024, and it is projected to grow at a robust CAGR of 9.8% from 2025 to 2033. By the end of the forecast period, the market is expected to attain a value of USD 16.7 billion by 2033. This impressive growth is primarily driven by the rising demand for sustainable cold chain logistics and the increasing adoption of hybrid technologies to reduce carbon emissions and operational costs.
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