Global Ice Maker Market is expected to gain significant growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyzes that the market is growing with a CAGR of 5.7% in the forecast period of 2021 to 2028 and is expected to reach USD 2,860.56 million by 2028. Growing demand for ice makers in healthcare and hospitality industries is boosting the market growth. Ice makers come in several types, shapes, and forms, but regardless of model, they all have a similar architectural layout and contain common components such as evaporators, throttle valves, and compressors. The compressors are used to cold compress low-pressure vapor and transform it into high-pressure refrigerant vapor, which is then transported to the condenser. After which the vapor is condensed and turned into high-pressure liquid, which is drained out through the throttle and turned into low-pressure liquid. Finally, the liquid is transported back into the evaporator, and through heat exchange, ice is created. The ice maker market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the ice maker market scenario contact Data Bridge Market Research for an analyst brief, our team will help you create a revenue impact solution to achieve your desired goal.
Increasing use of ice makers in the food and beverage industry is the major driving factor for the growth of the market. However, the continuous need for maintenance at regular intervals can be a major challenge for the market. On the other hand, growing popularity of cryotherapy and development of hospitality industry can be a major opportunity for the market. However, high initial cost and the challenges faced due to the impact of Covid-19 on the supply chain of the raw materials are restraining the growth of the global ice maker market.
Ice Maker Market, By Type (Modular/Ice Machine Head, Undercounter Ice Machines, Countertop Ice Dispenser/Makers, Combination Ice/Water Machines, and Others), Product type (Cube Ice, Nugget Ice, Gourmet Ice, Flake Ice and Crescent Ice), Condensing unit (Air Cooled, Remote Cooled, and Water Cooled), Size (Under 200 Lbs/Day, Above 400 Lbs/Day, and 200-400 Lbs/Day), Material (Metal, Plastic, Fibreglass, Rubber, and Others), Application (Commercial, Industrial, Residential, and Others), Refrigerant (R-134A, R-404A, R-717 and R-502), Country(U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Switzerland, Russia, Turkey, Belgium, Netherlands, Rest of Europe, Japan, China, South Korea, India, Australia & New Zealand, Hong Kong, Taiwan, Singapore, Thailand, Indonesia, Malaysia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Egypt, Saudi Arabia, UAE, Israel and Rest of Middle East and Africa) Industry Trends and Forecast To 2028.
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Ice Maker Market Scope and Market Size:
The global ice maker market is segmented on the basis of the type, product type, condensing unit, size, material, application, and refrigerant. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of type, the global Ice maker market is segmented into modular/ice machine head, undercounter ice machines, countertop ice dispenser/makers, combination ice/water machines, and others. In 2021, Modular/ice machine head segment is expected to dominate the market as the machine can meet the high demand of commercial markets in the hospitality industry.
On the basis of product type, the global Ice maker market has been segmented into cube ice, nugget ice, gourmet ice, crescent ice, and flake ice. In 2021, the cube ice segment is expected to dominate the market as they are universally applicable in every industry, whether for commercial use, household use, or any other use.
On the basis of condensing unit, the global Ice maker market has been segmented into air cooled, remote cooled, and water cooled. In 2021, air cooled segment is expected to dominate the market due to energy efficient features and also it is comparatively cheaper in the market.
On the basis of size, the global Ice maker market has been segmented into 200 lbs/day, 200-400 lbs/days, and above 400 lbs/day. In 2021, under 200 lbs/day segment is expected to dominate the market due to its use for household purpose and also it can be kept anywhere due to its small size.
On the basis of material, the global Ice maker market has been segmented into metal, plastic, fiberglass, rubber, and others. In 2021, metal segment is expected to dominate the market due to its use in the production of cooling components and the inner cabinet of the ice maker and refrigerator.
Market Competitors:
Major companies operating in the global ice maker market are HOSHIZAKI CORPORATION, AB Electrolux, Ali Group S.r.l., Welbilt, General Electric, Berg Chilling Systems Inc., BREMA GROUP S.p.a., Danby, FOLLETT PRODUCTS, LLC., Fujian Snowman Co., Ltd., Howe Corporation, icemakerkoller, ITV Ice Makers Inc. KitchenAid, Marel, Marmon Holdings, Inc., Maxx Ice, MCA Corporation, NewAir, The Middleby Corporation, and other domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.Several contracts and agreements are also initiated by companies worldwide, which are further accelerating the growth of the ice maker market.
Key Pointers Covered in the Ice Maker Market:
Market New Sales Volumes
Market Replacement Sales Volumes
Market Installed Base
Market By Brands
Market Procedure Volumes
Market Product Price Analysis
Market Healthcare Outcomes
Market Cost of Care Analysis
Market Regulatory Framework and Changes
Prices and Reimbursement Analysis
Market Shares in Different Regions
Recent Developments for Market Competitors
Market Upcoming Applications
Market Innovators Study
MAJOR TOC OF THE REPORT:
Chapter One: Ice Maker Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Ice Maker Market Competition, by Players
Chapter Four: Ice Maker Market Size by Regions
Chapter Five: Ice Maker Market Revenue by Countries
Chapter Six: Ice Maker Market Revenue by Type
Chapter Seven: Ice Maker Market Revenue by Application
Chapter Eight: Ice Maker Market Revenue by Industries
Chapter Nine: Ice Maker Market Revenue by Deployment Model
Chapter Ten: Ice Maker Market Revenue by End User
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The key questions answered in this report:
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