Ice Maker Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The ice maker market size exceeded USD 4.6 billion in 2021 and is expected to grow at a CAGR of 5% between 2022 and 2028. An ice maker, also called an ice machine or ice generator, is a device that produces ice. The condenser, evaporator, throttle valve and compressor are the basic components of an ice maker. The function of the compressor is to cold compress the low-pressure steam into high-pressure refrigerant steam and transport it to the condenser. The high-pressure steam is then condensed in the condenser, into a high-pressure liquid. After condensation, the high-pressure liquid is discharged through the throttle valve as a low-pressure liquid. The liquid is then directed to the evaporator. Heat exchange occurs at the evaporator, thereby creating ice.

 

Company Profile

• HOSHIZAKI CORPORATION
• KOLD-DRAFT
• MIDDLEBY CORPORATION
• NORTH STAR ICE EQUIPMENT CORPORATION
• S. ICE MACHINE MANUFACTURING CO.
• WELBILT
• WHYNTER

 

Market Segmentation

By Application

• Food Service
• Food Processing
• Healthcare
• Retail Outlets

By Product Type

• Modular Ice maker
• Under counter Ice Maker
• Countertop Ice maker
• Ice Dispensers

 

Scope of the Report

The research study analyzes the Ice Maker Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

 

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

 

 

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

 

Key Questions Answered by Ice Maker Market Report

 

1. What was the Ice Maker Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Ice Maker Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Ice Maker Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.