- Report ID : MD1434 |
- Pages : 240 |
- Tables : 85 |
- Formats :
By Product (Ice Cubes, Ice Nuggets, Ice Flakes), By Application (Commercial [Food Service, Healthcare], Industrial, Residential), Industry Outlook Report, Regional Analysis (U.S., Canada, Mexico, U.K., Germany, France, Italy, Portugal, Russia, The Netherlands, India, Japan, China, South Korea, Thailand, Malaysia, Brazil, Argentina, South Africa, U.A.E., Iran, Kenya)
Ice Maker Market size was estimated at $4,887.7 Million in 2019 and is expected to reach $7,349.3 Million by 2027, growing at a CAGR of 6% during the forecast period of 2020 to 2027.
An Ice maker is a dedicated machine built solely for the production of ice for various applications. One of the key drivers in its segment is the rapid modernization of the Food & Beverage industry. The demand from the Healthcare industry is yet another important growth driver. However, one of the restraints in the retail segment is the consumers’ choice for conventional refrigerators as a source of ice.
Analysis by Product
According to the product, the three main segments are Ice Cubes, Ice Nuggets, and Ice Flakes.The Ice Maker market report states the dominance of the Ice Cubes in the industry because of their acceptance in the commercial and residential markets. The Ice Maker market research concludes that a large reason for their demand is for consumption with soft drinks & alcoholic beverages and the various capacity options that they come in. The Ice Maker market share of the Ice Flakes will see marginal increments while that of the Ice Nuggets will see little movement over the forecasted period. Some of the models available are portable and thus fit perfectly for small restaurants.
Analysis by Application
The three main application segments are Commercial, Industrial, and Residential.By far, the largest Ice Maker market size is that of the Commercial segment. This is because this product makes a lot of sense for businesses in this group. These primarily include Seafood chains as Ice flakes are a critical component in maintaining the freshness of fish, prawns, and other seafood. Moreover, the consumer preference for seafood has witnessed a steady rise owing to its health benefits. The Ice Maker market estimation for the Healthcare sector is very optimistic because fresh ice is a critical component of daily operations. This indicates a near inelastic demand from this sector for this product.
Analysis by Region
The Ice Maker market forecast for the Asia-Pacific region is bullish and likely to retain a large portion of the global demand for these systems in the forecasted period. This is because the region, led by China and Japan, account for over 75% of the world’s aquaculture production. Moreover, the product is exported to Europe for premium prices and thus the need for high-quality Ice Makers.
The Ice Maker price trend is expected to show signs of increment in the European region as tourist influx increases over the proposed timeframe. This will result in setting up more hospitality businesses and thus the need for Ice Makers would follow.
Analysis by Acclaimed Organizations
Some of the leading Ice Maker companies are Howe Corporation, Ali Group S.p.A., Cornelius, Inc., Hoshizaki Corporation, Manitowoc Ice, Middleby Corporation, North Star Ice Equipment Corporation, AB Electrolux, and Whynter LLC.
R&D remains the top priority for most companies in this industry. This is done to reduce the power consumption of the machines to make them more attractive from an operational point of view. Mergers & Acquisitions might work to deliver immaculate synergy in reaching untapped markets. Also, new product development will be a key focus of many vertically specialized companies. These organizations have a very well-defined niche that they work on and lead the industry as a whole.
COVERAGE HIGHLIGHTS
• Market Revenue Estimation and Forecast (2019 – 2026)
• Market Production Estimation and Forecast (2019 – 2026)
• Market Sales/Consumption Volume Estimation and Forecast (2019 – 2026)
• Breakdown of Revenue by Segments (2019 – 2026)
• Breakdown of Production by Segments (2019 – 2026)
• Breakdown of Sales Volume by Segments (2019 – 2026)
• Gross Margin and Profitability Analysis of Companies
• Business Trend and Expansion Analysis
• Import and Export Analysis
• Regional Analysis and Market Data Breakdown
MARKET SEGMENTATION
By Product Outlook ($Revenue and Unit Sales, 2019-2026)
• Ice Cubes
• Ice Nuggets
• Ice Flakes
By Application Outlook ($Revenue and Unit Sales, 2019-2026)
• Commercial
o Food Service
o Healthcare
• Industrial
• Residential
By Regional Outlook ($Revenue and Unit Sales, 2019-2026)
• North America
o U.S.
o Canada
o Mexico
• Europe
o U.K.
o Germany
o France
o Italy
o Portugal
o Russia
o The Netherlands
• Asia-Pacific
o India
o Japan
o China
o South Korea
o Thailand
o Malaysia
• Latin America
o Brazil
o Argentina
• Middle East & Africa
o South Africa
o U.A.E.
o Iran
o Kenya
Acclaimed Organizations
• A & V Refrigeration Corp.
• AB Electrolux
• Ali Group S.p.A.
• Brema Group S.p.A.
• Cornelius, Inc.
• Direct Catering Products Ltd.
• Hoshizaki Corporation
• Howe Corporation
• ITV Ice Makers Inc.
• Kold-Draft
• Manitowoc Ice (Welbilt)
• Middleby Corporation
• North Star Ice Equipment Corporation
• Whynter, LLC
CHAPTER 1: INTRODUCTION
1.1. RESEARCH METHODOLOGY
1.1.1. Desk Research
1.1.2. Data Synthesis
1.1.3. Data Validation & Market Feedback
1.1.4. Data Sources
CHAPTER 2: EXECUTIVE SUMMARY
2.1. GLOBAL MARKET OUTLOOK
2.2. CORE INSIGHTS –DELIVERY MODEL
2.3. CORE INSIGHTS – ICE MAKER
2.4. CORE INSIGHTS – SERVICE PROVIDER
2.5. CORE INSIGHTS – GEOGRAPHY
CHAPTER 3: MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FORCES SHAPING THE INDUSTRY
3.2.1. Bargaining Power of Suppliers
3.2.2. Bargaining Power of Buyers
3.2.3. Threat of Substitutes
3.2.4. Threat of New Entrants
3.3. MARKET DYNAMICS
3.3.1. Drivers
3.3.1.1. Supply-side Drivers
3.3.1.2. Demand-side Drivers
3.3.2. Restraints
3.3.3. Opportunities
3.4. INDUSTRY - ANALYSIS
3.4.1. Political Market
3.4.2. Environmental Market
3.4.3. Social Market
3.4.4. Technology Market
CHAPTER 4: MARKET BACKGROUND
4.1. Industry Value Chain Analysis
4.1.1. Upstream Participants
4.1.2. Downstream participants
4.2. Pricing Analysis and Forecast, 2019-2026
4.2.1. By Type
4.2.2. By Region
CHAPTER 5: ICE MAKER MARKET, BY PRODUCT OUTLOOK
5.1. Overview
5.1.1. Market Revenue (US$ Million) and Forecast, 2019-2026
5.2. Ice Cubes
5.2.1. Key Market Trends, Growth Factors and Opportunities
5.2.2. Market Revenue (US$ Million) and Forecast, By Region
5.3. Ice Nuggets
5.3.1. Key Market Trends, Growth Factors and Opportunities
5.3.2. Market Revenue (US$ Million) and Forecast, By Region
5.4. Ice Flakes
5.4.1. Key Market Trends, Growth Factors and Opportunities
5.4.2. Market Revenue (US$ Million) and Forecast, By Region
CHAPTER 6: ICE MAKER MARKET BY APPLICATION OUTLOOK
6.1. Overview
6.1.1. Market Revenue (US$ Million) and Forecast, 2019-2026
6.2. Commercial
6.2.1. Key Market Trends, Growth Factors and Opportunities
6.2.2. Market Revenue (US$ Million) and Forecast, By Region
6.3. Food Service
6.3.1. Key Market Trends, Growth Factors and Opportunities
6.3.2. Market Revenue (US$ Million) and Forecast, By Region
6.4. Healthcare
6.4.1. Key Market Trends, Growth Factors and Opportunities
6.4.2. Market Revenue (US$ Million) and Forecast, By Region
6.5. Industrial
6.5.1. Key Market Trends, Growth Factors and Opportunities
6.5.2. Market Revenue (US$ Million) and Forecast, By Region
6.6. Residential
6.6.1. Key Market Trends, Growth Factors and Opportunities
6.6.2. Market Revenue (US$ Million) and Forecast, By Region
CHAPTER 7: ICE MAKER MARKET, BY GEOGRAPHY
7.1. Overview
7.2. North America
7.2.1. Key Market Trends, Growth Factors and Opportunities
7.2.2. Market Revenue and Forecast, By Delivery Model
7.2.3. Market Revenue and Forecast, By Agriculture Type
7.2.4. Market Revenue and Forecast, By Service Provider
7.2.5. Market Revenue and Forecast, By Country
7.2.6. U.S.
7.2.6.1. Market Revenue and Forecast
7.2.7. Canada
7.2.7.1. Market Revenue and Forecast
7.2.8. Mexico
7.2.8.1. Market Revenue and Forecast
7.3. Europe
7.3.1. Market Revenue and Forecast, By Delivery Model
7.3.2. Market Revenue and Forecast, By Agriculture Type
7.3.3. Market Revenue and Forecast, By Service Provider
7.3.4. Market Revenue and Forecast, By Country
7.3.5. Germany
7.3.5.1. Market Revenue and Forecast
7.3.6. UK
7.3.6.1. Market Revenue and Forecast
7.3.7. France
7.3.7.1. Market Revenue and Forecast
7.3.8. Italy
7.3.8.1. Market Revenue and Forecast
7.3.9. Spain
7.3.9.1. Market Revenue and Forecast
7.3.10. Poland
7.3.10.1. Market Revenue and Forecast
7.3.11. Austrai
7.3.11.1. Market Revenue and Forecast
7.3.12. Luxembourg
7.3.12.1. Market Revenue and Forecast
7.3.13. Rest of Europe
7.3.13.1. Market Revenue and Forecast
7.4. Asia-Pacific
7.4.1. Market Revenue and Forecast, By Delivery Model
7.4.2. Market Revenue and Forecast, By Agriculture Type
7.4.3. Market Revenue and Forecast, By Service Provider
7.4.4. Market Revenue and Forecast, By Country
7.4.5. China
7.4.5.1. Market Revenue and Forecast
7.4.6. India
7.4.6.1. Market Revenue and Forecast
7.4.7. Japan
7.4.7.1. Market Revenue and Forecast
7.4.8. South Korea
7.4.8.1. Market Revenue and Forecast
7.4.9. Rest of APAC
7.4.9.1. Market Revenue and Forecast
7.5. REST OF THE WORLD
7.5.1. Market Revenue and Forecast, By Delivery Model
7.5.2. Market Revenue and Forecast, By Agriculture Type
7.5.3. Market Revenue and Forecast, By Service Provider
7.5.4. Market Revenue and Forecast, By Country
7.5.5. Latin America
7.5.5.1. Market Revenue and Forecast
7.5.6. Middle East
7.5.6.1. Market Revenue and Forecast
7.5.7. Africa
7.5.7.1. Market Revenue and Forecast
CHAPTER 8: COMPETITIVE MARKET
8.1. ICE MAKER Market Share Analysis, 2019
CHAPTER 9: COMPANY PROFILES
9.1. Airbus S.A.S
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. SWOT Analysis
9.2. Aviation Industry Corporation of China Ltd. (AVIC)
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. SWOT Analysis
9.3. Astronics Corporation
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.3. SWOT Analysis
9.4. Boeing
9.4.1. Company Overview
9.4.2. Financial Performance
9.4.3. SWOT Analysis
9.5. Ball Corporation
9.5.1. Company Overview
9.5.2. Financial Performance
9.5.3. SWOT Analysis
9.6. BAE Systems
9.6.1. Company Overview
9.6.2. Financial Performance
9.6.3. SWOT Analysis
9.7. Cobham plc
9.7.1. Company Overview
9.7.2. Financial Performance
9.7.3. SWOT Analysis
9.8. Curtiss Wright
9.8.1. Company Overview
9.8.2. Financial Performance
9.8.3. SWOT Analysis
9.9. Elbit System
9.9.1. Company Overview
9.9.2. Financial Performance
9.9.3. SWOT Analysis
9.10. Gramin Ltd
9.10.1. Company Overview
9.10.2. Financial Performance
9.10.3. SWOT Analysis
9.11. GE Aviation
9.11.1. Company Overview
9.11.2. Financial Performance
9.11.3. SWOT Analysis
9.12. Harris Corporation
9.12.1. Company Overview
9.12.2. Financial Performance
9.12.3. SWOT Analysis
9.13. Honeywell International Inc.
9.13.1. Company Overview
9.13.2. Financial Performance
9.13.3. SWOT Analysis
9.14. Lockheed Martin Corporation
9.14.1. Company Overview
9.14.2. Financial Performance
9.14.3. SWOT Analysis
9.15. L3 Harris Corporation
9.15.1. Company Overview
9.15.2. Financial Performance
9.15.3. SWOT Analysis
9.16. Meggitt PLC
9.16.1. Company Overview
9.16.2. Financial Performance
9.16.3. SWOT Analysis
9.17. Northrop Grumman Corporation
9.17.1. Company Overview
9.17.2. Financial Performance
9.17.3. SWOT Analysis
9.18. Nucon Aerospace
9.18.1. Company Overview
9.18.2. Financial Performance
9.18.3. SWOT Analysis
9.19. Panasonic Corporation
9.19.1. Company Overview
9.19.2. Financial Performance
9.19.3. SWOT Analysis
9.20. Rolls Royce
9.20.1. Company Overview
9.20.2. Financial Performance
9.20.3. SWOT Analysis
9.21. Raytheon Company
9.21.1. Company Overview
9.21.2. Financial Performance
9.21.3. SWOT Analysis
9.22. Saab AB
9.22.1. Company Overview
9.22.2. Financial Performance
9.22.3. SWOT Analysis
9.23. Safran
9.23.1. Company Overview
9.23.2. Financial Performance
9.23.3. SWOT Analysis
9.24. Thales Group
9.24.1. Company Overview
9.24.2. Financial Performance
9.24.3. SWOT Analysis
9.25. Teledyne Technologies Inc.
9.25.1. Company Overview
9.25.2. Financial Performance
9.25.3. SWOT Analysis
9.26. Transdigm Group Inc.
9.26.1. Company Overview
9.26.2. Financial Performance
9.26.3. SWOT Analysis
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