Global Ice Maker Market Growth 2023-2029

Global Ice Maker Market Growth 2023-2029

Product Code:457508

Published Date: Feb 08,2023

Pages: 121

Region: Global

Category: Machinery & Equipment

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Ice Maker is a kind of machine which produces ice from water. Ice machine may refer to either a consumer device for making ice, found inside a home freezer; a stand-alone appliance for making ice, or an industrial machine for making ice on a large scale. The term "ice machine" usually refers to the stand-alone appliance.

LPI (LP Information)' newest research report, the “Ice Maker Industry Forecast” looks at past sales and reviews total world Ice Maker sales in 2022, providing a comprehensive analysis by region and market sector of projected Ice Maker sales for 2023 through 2029. With Ice Maker sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Ice Maker industry.

This Insight Report provides a comprehensive analysis of the global Ice Maker landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Ice Maker portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Ice Maker market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Ice Maker and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Ice Maker.

The global Ice Maker market size is projected to grow from US$ 3077.6 million in 2022 to US$ 4507.2 million in 2029; it is expected to grow at a CAGR of 4507.2 from 2023 to 2029.

Global Ice Maker key players include Hoshizaki, Manitowoc, Scotsman, Külinda, Ice-O-Matic, etc. Global top five manufacturers hold a share about 50%. North America is the largest market, with a share about 40%, followed by Asia-Pacific, with a share about 30 percent. In terms of product, Ice Only is the largest segment, with a share about 60%. And in terms of application, the largest application is Food Processing, followed by Food Retail, Entertainment, and Mining Industry, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Ice Maker market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Ice Only
    Ice and Water Dispenser
    Others

Segmentation by application
    Food Processing
    Entertainment
    Food Retail
    Mining Industry
    Other

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Hoshizaki
    Manitowoc
    Scotsman
    Külinda
    Ice-O-Matic
    Follett
    Cornelius
    GEA
    Brema Ice Makers
    Snowsman
    North Star
    Electrolux
    GRANT ICE SYSTEMS
    MAJA
    Ice Man
    KTI
    Iberna
    ICESTA
    Snooker
    KOLD-DRAFT

Key Questions Addressed in this Report
What is the 10-year outlook for the global Ice Maker market?
What factors are driving Ice Maker market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Ice Maker market opportunities vary by end market size?
How does Ice Maker break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?