Panasonic Corporation, Midea Group and Siemens are Dominating the CIS Ice Cream Freezers Market in 2020

CIS Ice Cream Freezers Market is expected to grow with the CAGR of 4.1% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.

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CIS ice cream freezers market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in CIS ice cream freezers market is introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio.

For instance,

  • In October 2020, Midea Group was awarded by the UNIDO (United Nations Industrial Development Organization) for its brilliant contribution to climate protection. With this, the company is stepping towards a better sustainability and building trust among its consumer as one of the most environment-friendly organizations fighting against climate change. The company is winning customers trust and increasing customer base. It will ultimately increase the revenue of the company.

Panasonic Corporation is the dominating player in CIS ice cream freezers market. The other players in the market are Haier Inc., Whirlpool Corporation, Blue Star Ltd., Siemens, Robert Bosch GmbH, Scandomestic A/S, Midea Group, Miele, Tefcold, Electrolux, and Metalfrio Solutions among others.

CIS Ice Cream Freezers Market

Panasonic Corporation

Panasonic Corporation, is headquartered in Osaka, Japan founded in 1918. The company focuses on developing, manufacturing and marketing electrical products. The company wide range of product categories such as home appliances, air conditioning, and food distribution, others among which the market focused category is food distribution.

For instance,

  • In February 2021, Panasonic Corporation have launched connected refrigerators, washing machine, Wi-Fi fans and others. These are first generation of miraie connected products. Miraie is an application of Panasonic in which all Panasonic devices can be connected. This platform is comfortable and convenient for the consumers to operate their device.

The company has presence in Europe, Americas, Asia-Pacific and Middle East and Africa.

Midea Group

Midea Group is headquartered in Foshan, China, Founded in 1968. The company focuses on manufacturing and selling home and commercial electric appliances. The company offers wide range of product category HVAC, customer appliances, robotics & automation, components, smart logistics, where the market focused category is customer appliances. The company has a presence in Asia-Pacific, Europe, and U.S.

For instance,

  • In January 2021, Midea Group announced its global partnership expansion with Manchester City Football Group. This will increase the popularity of the company using social media platforms and will create millions of engagements, which will help company grow rapidly.

Siemens

Siemens is headquartered in Munich, Germany, founded in 1897. The company focuses on production and supply of systems of power generation, medical diagnosis and power transmission. The company offers various product categories such as cooking baking, wash & dry, dishwasher, cooling & freezing and coffee machines, where market focused category is cooling & freezing. The company has presence in Europe, Asia-Pacific, Africa, Middle East, Americas.