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Report Description Report Description and Highlights Global Ice Maker Market Overview: IMARC Group’s recent report, entitled “Ice Maker Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast ” estimated the global ice maker market reached a value of US$ 4.35 Billion in 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 size, ranging from small to large. Some of the basic components which are used in the production of and ice maker include motor, valves, condenser, compressor and throttle valve.ice maker market reached a value of US$ 4.35 Billion in 2018 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 ins proliferating in the fast-food sector due to constant growth in the industry as well as inflating incomes of the consumers.

Report Description Report Description and Highlights However, high initial investment acts as a major hindrance which is abstaining the growth of the market. Looking forward, the market is expanding at a CAGR of around 6% during , exhibiting a value of US$ 6.16 Billion by Request for a free sample report:

Report Description Report Description and Highlights For more information, click here: Key Market Segmentation: Market Segmentation by Product Type Ice Cube Maker Ice Flake Maker Ice Nugget Maker Based on the type, the market has been segmented as ice cube maker, ice flake maker and ice nugget maker. At present, ice cube maker accounts for the largest market share as it is used in innumerable food-service establishments. Market Segmentation by End Use Sector Food Service Retail Healthcare

Report Description Report Description and Highlights Residential Others On the basis of end-use, the market has been segregated as food service, retail, healthcare, residential and others. Amongst these, the food service sector exhibits a clear dominance in the market due to a rise in the consumption of fast food, especially among the youngsters. Market Segmentation by Region North America Asia Pacific Europe Middle East and Africa Latin America Region-wise, North America is the biggest market, holding the majority of the market share. This can be attributed to an increase in the demand for commercial ice makers, specially in the healthcare and food-service industries. Besides North America, other major regions include Europe, Asia Pacific, Middle East and Africa, and Latin America.

Report Description Report Description and Highlights Market Segmentation by Import and Export Scenario Imports by Major Countries Exports by Major Countries On assessing the market import and export scenario of the market, it has been found that the united States, represent the largest importer of ice maker, followed by Germany, France, United Kingdom and Canada. Whereas, China is the biggest exporter followed by Mexico, Italy, United States and Korea. Competitive Landscape: The competitive landscape of the market has also been examined with some of the key players. Hoshizaki Manitowoc Scotsman Whynter Ice-O-Matic

Report Description Report Description and Highlights Himalyan Equipment Manufacturing Co. (HEMCO) MaxxIce Newair Zhejiang Litian Industrial Co. Ltd. SPT Changshu Lingke Electric Appliance Co. Ltd. Cornelius Browse Related Report 3D Printing Market Report: Data Center Server Market Report:

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Report Description Report Description and Highlights © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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