Global Commercial Ice Machine Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Commercial ice maker is a kind of refrigeration mechanical equipment that produces ice after water passes through an evaporator and is cooled by a refrigeration system refrigerant. According to the different principles of the evaporator and the production process, the shape of the ice produced is also different. People generally divide ice machines into pellet ice machines, flake ice machines, plate ice machines, tube ice machines, shell ice machines, etc. according to the ice shape.
Market Overview:The latest research study on the global Commercial Ice Machine market finds that the global Commercial Ice Machine market reached a value of USD 2021.7 million in 2022. It’s expected that the market will achieve USD 2475.07 million by 2028, exhibiting a CAGR of 3.43% during the forecast period.
Affected by the epidemic, many entertainment venues cannot be opened, which directly leads to a decline in the demand side of the commercial ice machine industry. At the same time, due to the impact of isolation, the global labor force is insufficient, production is stopped, raw materials cannot be supplied in time and prices are rising, etc. All have brought great losses to the commercial ice machine industry.
On the other hand, commercial ice machines that have been purchased and used cannot be used for a long time due to the epidemic, which will cause bacteria to accumulate. Therefore, the demand for after-sales maintenance of commercial ice machines will increase, and cleaning procedures may be more important than ever, especially when hotels and entertainment venues reopen after COVID-19. Commercial ice machine manufacturers You must be prepared for this.
Social Factors
At present, ice machines have been widely popularized in European and American countries. In European and American countries, people have formed the habit of adding ice cubes to drinks since they were young. There, ice cubes are used for Tibetan wine, ice wine and bartending. Wine is a must-have drink for Europeans and Americans in their home life. Therefore, the popularity of ice machines in European and American countries is astonishingly high. In addition, the ice cubes produced by the ice-making mechanism are also widely used in European and American countries to treat wounds. It can prevent wound bleeding, reduce traumatic pain, and even reduce fever.
In addition to Europe and the United States, with the continuous development of the global economy, people's living standards have improved. The demand for commercial ice machines related to life and entertainment will be higher and higher.
Technological Factors
Advances in technology will promote the development of the industry. In the Commercial Ice Machine industry, the development of technology is mainly reflected in two aspects, one is the progress of production technology. Advances in production technology are beneficial for players to produce more high-quality products at lower costs. On the other hand, the progress of raw materials, the emergence of new alternatives to help players in the industry, reduce production costs.
The difference in technology makes Commercial Ice Machine have a higher market price, and the market segmentation is more precise and high-end. The technological advantages make Commercial Ice Machine difficult to replace in the face of lower surrogate threats. The continuous improvement of technology, as well as the performance of Commercial Ice Machine has improved.
In addition, continuous improvement in the production process is not only conducive to improving product quality, but also a way to save costs for enterprises.
Region Overview:From 2023-2028, North America is estimated to witness robust growth prospects.
Company Overview:Hoshizaki is one of the major players operating in the Commercial Ice Machine market, holding a share of 34.58% in 2021.
Hoshizaki
HOSHIZAKI is a company major in the design, manufacturing, and marketing of a wide range of products for the foodservice industry including ice machines, refrigerators, freezers, prep tables, display cases and dispensers.
Ali Group
Ali Group designs, manufactures, markets and services a broad line of equipment used for commercial food cooking, preparation and processing.
Segmentation Overview:By type, Nugget ice maker segment accounted for the largest share of market in 2022.
Application Overview:By application, the Foodservices segment occupied the biggest share from 2018 to 2022.
Key Companies in the global Commercial Ice Machine market covered in Chapter 3:U-LINE
Brema Ice Makers
Külinda
Hoshizaki
Welbilt(Manitowoc)
BUUS Refrigeration
Ali Group
Howe Corporation
Follett
Electrolux
Vogt
Cornelius
In Chapter 4 and Chapter 14.2, on the basis of types, the Commercial Ice Machine market from 2018 to 2029 is primarily split into:Cube ice maker
Flake ice maker
Nugget ice maker
Others
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Commercial Ice Machine market from 2018 to 2029 covers:Foodservices
Retail
Healthcare
Residential
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)