According to the latest report by IMARC Group, titled “Ice Maker Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global ice maker market reached a value of US$ 4.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 6.1 Billion by 2027, exhibiting at a CAGR of 4.66% during 2022-2027.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Ice maker, commonly known as an ice machine, may refer to both a stand-alone appliance and industrial machine which produce ice for both residential as well as commercial uses. Depending on the requirement of the consumer, it is available in different sizes, ranging from small to large. Some of the basic components which are used in the production of an ice maker include motor, valves, blades, thermostat, heater terminal, evaporator, condenser, compressor and throttle valve.
The global ice maker market is observing a positive growth on account of emerging demand from the healthcare industry. This can be accredited to the widening applications of ice in the industry, particularly for storing organs and assisting in rehabilitating procedures. Apart from this, ice maker finds diverse applications in biotechnology, microbiology, biochemistry and genetic engineering laboratories, for storing biological samples and necessitating transportation to other facilities. Moreover, the increasing popularity of cryotherapy (cold therapy) has resulted in the growth of the ice maker market. Furthermore, the demand for ice makers is proliferating in the fast-food sector due to constant growth in the industry as well as inflating incomes of the consumers. However, high initial investment acts as a major hindrance which is abstaining the growth of the market.
Ice Maker Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the global ice maker market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Hoshizaki Corporation
- The Manitowoc Company, Inc.
- Scotsman Industries, Inc.
- Whynter LLC
- Ice-O-Matic (Mile High Equipment LLC)
- Himalyan Equipment Manufacturing Co. (HEMCO)
- MaxxIce (The Legacy Companies)
- NewAir
- Zhejiang Litian Industrial Co. Ltd.
- Sunpentown (SPT) Inc.
- Changshu Lingke Electric Appliance Co. Ltd.
- Cornelius, Inc.
Key Market Segmentation:
The report has segmented the global ice maker market on the basis of product type, end use sector and region.
Breakup by Product Type:
- Ice Cube Maker
- Ice Flake Maker
- Ice Nugget Maker
- Others
Breakup by End Use Sector:
- Foodservice
- Retail
- Healthcare
- Residential
- Others
Breakup by Region:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Industry Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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UpMarketResearch published an exclusive report on “Ice Maker market” delivering key insights and providing a competitive advantage to clients through a detailed report.
This report focuses on the Ice Maker market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa.
Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
The report contains basic, secondary and advanced information pertaining to the Ice Maker Industry global status and trend, market size, share, growth, trends analysis, segment and forecasts from 2018 – 2025.
The numerical data is backed up by statistical tools such as SWOT analysis, BCG matrix, SCOT analysis, PESTLE analysis and so on.
The generated report is firmly based on primary research, interviews with top executives, news sources and information insiders.
This report presents the worldwide Ice Maker market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Ice Maker is a kind of machine which produces ice from water.
There are many ice maker manufacturers in the world, some high-end ice maker products are mainly concentrated in USA, Europe, China, Japan, etc.
The ice maker was mainly produced in Europe and United States, their products are famous for their quality and performance, so they are welcomed by the world.
Although sales of ice maker brought a lot of opportunities, the study group recommends the new entrants who just having money but without technical advantage and downstream support, do not to enter into the ice maker field hastily.
In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Ice Maker.Request a sample of this report @ http://www.orbisresearch.com/contacts/request-sample/2334021 The following manufacturers are covered in this report:ScotsmanManitowoc IceHoshizakiKülindaElectroluxChungHoIce-O-MaticFollettGEABrema Ice MakersSnowsmanCorneliusNorth StarAGA MARVELGRANT ICE SYSTEMSIce ManMAJAKTIIbernaICESTAU-LINESnooker Ice Maker Breakdown Data by TypeIce OnlyIce and Water DispenserOthersIce Maker Breakdown Data by ApplicationFood ProcessingEntertainmentFood RetailOther Ice Maker Production by RegionUnited StatesEuropeChinaJapanOther Regions Ice Maker Consumption by RegionNorth AmericaUnited StatesCanadaMexicoAsia-PacificChinaIndiaJapanSouth KoreaAustraliaIndonesiaMalaysiaPhilippinesThailandVietnamEuropeGermanyFranceUKItalyRussiaRest of EuropeCentral & South AmericaBrazilRest of South AmericaMiddle East & AfricaGCC CountriesTurkeyEgyptSouth AfricaRest of Middle East & Africa The study objectives are:To analyze and research the global Ice Maker status and future forecast?involving, production, revenue, consumption, historical and forecast.To present the key Ice Maker manufacturers, production, revenue, market share, and recent development.To split the breakdown data by regions, type, manufacturers and applications.To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.To identify significant trends, drivers, influence factors in global and regions.To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
The newly added Ice Maker Machines market research report by Value Market Research disclose all the important information associated with the market such as value, growth factor, trends, market share, size, and challenges for the forecasted timeline 2020-2027.
Further, this report also highlights smart strategy adopted by major players and also their market share.
Basically, this report is designed to give a proper understanding of industry structure and competition intensity attractiveness.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the ice maker machines market include Hoshizaki Corporation,The Manitowoc Company, Inc.,Scotsman Industries, Inc.,Whynter LLC,Ice-O-Matic (Mile High Equipment LLC),Himalyan Equipment Manufacturing Co. (HEMCO),MaxxIce (The Legacy Companies),NewAir,Zhejiang Litian Industrial Co. Ltd.S.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Ice Maker Machines Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/ice-maker-machines-market/download-sampleMarket DynamicsThe growing demand for versatile ice cube machines in large hotels, boutiques, bars, and restaurants to offer ice cubes and cold beverages to visitors is the primary motivating factor for this market’s consistent growth.
The rapidly growing seafood & meat food processing industries where ice cubes are used to keep raw ingredients and final products frozen and fresh will boost this market’s development.
