Global Home Ice Maker Market Overview:
A home ice maker is a kitchen appliance dedicated to making a large amount of ice in the comfort of your own home. It is a simple solution for ice-making in the home. The home ice maker is installed in the kitchen, much like a refrigerator, dishwasher, or range would be – except smaller, of course – and it is always there, automatically taking care of your ice needs. Increasing demand for automatic ice maker machine has led to significant growth of the global home ice maker market in the forecast period.
- Sedentary Lifestyle and Increasing Disposable Income of People across the Globe
- Growing Demand for Home Ice Maker For Various Applications
- Increasing Demand for Cold Beverages
- Increasing Consumption of Semi-Automatic Home Ice Maker
- Complexities with Cleaning and Maintenance of Home Ice Maker
- Technological Advancement and Development in Home Ice Maker
- Regulatory Compliances with Home Ice Maker
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Hoshizaki (Japan), The Manitowoc Company, Inc. (United States), Scotsman Ice Srl (Italy), Ice-O-Matic (United States), Follett (United States), Cornelius (United States), GEA Group AG (Germany), Brema Ice Makers (Italy), Shanghai Snowman Electrical Equipment Co., Ltd. (China), North Star Ice Equipment (United States) and Electrolux (Sweden). Analyst at AMA Research see European and United States Vendors to retain maximum share of Global Home Ice Maker market by 2026. Considering Market by Installation, the sub-segment i.e. Counter will boost the Home Ice Maker market. Considering Market by Shape, the sub-segment i.e. Cube Ice Maker will boost the Home Ice Maker market. Considering Market by Distribution Channel, the sub-segment i.e. Hypermarket will boost the Home Ice Maker market. Considering Market by Production Capacity, the sub-segment i.e. Under 10 kg will boost the Home Ice Maker market. Considering Market by Operation, the sub-segment i.e. Automatic will boost the Home Ice Maker market.
On 21st January 2021, Hoshizaki has pleased to announce the launch of two updated models to its ice and water dispenser lineup. The DCM-271BAH and DCM-271BAH-OS replace the DCM-270BAH(-OS) models and include improved features.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Home Ice Maker market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Home Ice Maker market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Home Ice Maker Manufacturers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.