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Ice Maker Market Trends, Share, Size, Trends & Report 2021-26

  • According to the latest report by IMARC Group, titled “Ice Maker Market Size: Global Industry Trends, Share, Growth, Opportunity and Forecast 2021-2026”, the global ice maker market reached a value of US$ 4.8 Billion in 2020. Looking forward, IMARC Group expects the market to exhibit moderate growth during 2021-2026.

    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.

    Request Free Report Sample: https://www.imarcgroup.com/ice-maker-market/requestsample

    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 2021-2026 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

    Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/ice-maker-market

    Key highlights of the report:            

    • Market Performance (2015-2020)
    • Market Outlook (2021-2026)
    • 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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