Global Ice Maker Market is Growing with a CAGR of 5.7% in the Forecast Period of 2021 to 2028

Global Ice Maker Market is growing with factors such as increasing use of ice in healthcare and hospitality industries. Growing use of ice for alcoholic drinks and food preservation is also contributing to the growth of ice maker market to a greater extent.

Increase in the usage of ice for various applications has propelled the demand of the market. However, high initial cost of ice maker is hindering the growth on the market.

Global Ice Maker Market Scenario                                          

According to Data Bridge Market Research, the market for ice maker in North America has the highest market share followed by Europe and Asia-Pacific.  Prospectus leaders of the market are HOSHIZAKI CORPORATION, AB Electrolux, and Ali Group S.r.l.

  • In 2021, ITV Ice Makers Inc. showcased its new ice maker at the NAFEM Show, a foodservice equipment and supplies exhibition. At the Show, ITV presented a new Delta, a new solid and crystalline gourmet cube, with a more modern truncated conical design. Also IQN and IQF ice machines for nugget and flake ice and a new ice machines range with R290 refrigerant were introduced. This will help the company to showcase its new and advanced products to the customers.

Ice Maker MarketTrends Impacting the Market

Now the question is, who are HOSHIZAKI CORPORATION, AB Electrolux, and Ali Group S.r.l. targeting? Data Bridge Market Research has forecast a large growth in the Asia Pacific Ice maker market and the market leaders will be targeting Japan to be their next pocket revenue for 2021.

The Global ice maker market is becoming more competitive with companies such as HOSHIZAKI CORPORATION, AB Electrolux, Ali Group S.r.l., Welbilt, General Electric, and Berg Chilling Systems Inc. among others. These are the top dominating companies in the market and have launched advanced services and solutions in the market. The data bridge market research new reports highlight major growth factors and opportunities in the global Ice maker market.

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Market Developments

  • In October 2020, Manitowoc, a leading brand for commercial ice makers, introduced CrystalCraft cocktail cube, an undercounter ice machine of the USP0100 series. The machine is designed to fit under standard bar counters and is also one touch automatic operated. The machine is designed to fit under standard bar counters. Thus the company can provide its customers with efficient and one touch automatic machine.
  • In July 2020, HOSHIZAKI CORPORATION launched a new sphere ice maker in the market. The product is designed to meet the demand of customers of different industries such as food service industry, accommodation and entertainment industries and others. Thus the company will cater the rising demand of ice in drinking service industry.
  • In July 2020, NewAir launched of new fastest nugget ice maker in the market. The machine takes only 20 minutes to make a full batch of ice. It is designed with a high-power cooling process to make it more efficient and faster than any other model on the market. Thus the company has provided its customers with fast ice maker to cater the rising demand for the same.

Scope of the Ice maker Market

Global Ice maker market is segmented on the basis of countries into the U.S., Canada, Mexico, Germany, France, Italy, U.K., Spain, Switzerland, Russia, Netherlands, Belgium, Ireland, Turkey, Rest of Europe, China, Japan, India, Australia & New Zealand, Hong Kong, Taiwan, South Korea, Singapore, Thailand, Malaysia, Philippines, Indonesia, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Israel, Egypt and Rest of Middle East and Africa.

  • 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.
  • On the basis of condensing unit, the global Ice maker market has been segmented into air cooled, remote cooled and water cooled.
  • On the basis of size, the global Ice maker market has been segmented under 200lbs/day, 200-400 lbs/days and above 400 lbs/day.
  • On the basis of material, the global Ice maker market has been segmented into metal, plastic, fiberglass, rubber, and others.
  • On the basis of application, the global ice maker market is segmented into residential, commercial, industrial, and others.
  • On the basis of refrigerants, the global Ice maker market has been segmented into R-134A, R-404A, R-717, and R-502.

Key Pointers Covered in Ice maker Market Industry Trends and Forecast to 2028

  • Market Size
  • Top to Bottom Market Analysis
  • Recent Developments for Market Competitors
  • Recent Market Value for Different Countries
  • Market value and over view of Ice maker market
  • Company profiling of top eight players of Ice maker market

Key Market Competitors Covered in the Report

  • AB Electrolux
  • Ali Group S.r.l.
  • Welbilt, General Electric
  • Berg Chilling Systems Inc.
  • Brema
  • Danby
  • Fujian Snowman Co., Ltd.
  • Howe Corporation
  • Icemakerkoller
  • ITV Ice Makers Inc.
  • KitchenAid
  • Marel
  • Marmon Foodservice Technologies, Inc.
  • Maxx Ice
  • MCA Corporation
  • NewAir
  • The Middleby Corporation

Above are the key players covered in the report, to know about more and exhaustive list of Ice maker companies

Research Methodology: Global Ice maker market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

  • Demand Side: Manufacturer, Healthcare Industry, Scientists, Research Laboratories
  • Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

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