Market Overview:
The global air-cooled ice machine market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for air-cooled ice machines from the catering industry, entertainment venue, shop, and other sectors. North America is expected to lead the global air-cooled ice machine market in terms of revenue during the forecast period.
Product Definition:
Air-cooled ice machines are refrigeration devices that produce ice for use in cooling drinks and food. The importance of air-cooled ice machines is that they provide an efficient and reliable means of producing large quantities of ice quickly.
Output: The global air-cooled ice machine market size was valued at USD 6.5 billion in 2016 and is expected to grow at a CAGR of 4.9% over the forecast period. The increasing demand for packaged drinks, especially from the young population is one of the key factors driving growth in this industry. The growing consumption of alcoholic beverages such as wine and beer among youth population has also been contributing toward product sales globally, which will further boost demand for these products
Output: 30kg/24h~60kg/24h:
The output of the air-cooled ice machine is 30kg/24h to 60kg/24h. It can produce up to 60 kg of ice per day and it's suitable for commercial use. The demand for air-cooled ice machines is increasing in countries such as India, China, Vietnam and Japan due to rising awareness about its advantages over other types of cooling equipment.
Application Insights:
The others application segment includes food processing, beverage industry, and industrial. The air-cooled ice machine is widely used in the catering industry for serving beverages at events such as weddings, parties, corporate functions and social gatherings. In addition to this application segment, the product is also used in various other industries including food & beverage processing and pharmaceuticals.
Entertainment venue is one of the key applications that are expected to drive market growth over the forecast period owing to its increasing use in theatres for providing cold drinks during performances or movies showing at theaters.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position through 2030, with a few variations in terms of product offerings and technological advancements. The U.S., being one of the most lucrative markets for manufacturers, has witnessed significant growth over the past years owing to high demand from various end-use industries such as catering and entertainment venues.
Asia Pacific is projected to be one of the fastest-growing regions during the forecast period due to increasing investments by foreign players coupled with rising disposable income levels among consumers especially in China and India are some factors that can be attributed towards regional growth rates’successive increase).
Growth Factors:
- Increasing demand for air-cooled ice machines from the food and beverage industry as a result of the growing trend of using fresh and frozen fruits and vegetables in dishes.
- The increasing popularity of cocktails, especially among millennials, has led to an increase in demand for air-cooled ice machines from bars and restaurants.
- Air-cooled ice machines are becoming more popular among healthcare facilities due to their ability to produce high quality medical grade ice quickly and efficiently.
- An increase in the number of events being held outdoors, such as concerts and festivals, is driving demand for air-cooled portable ice makers that can be easily transported from one location to another.
- Rapid advancements in technology are making air-cooled ice machines more energy efficient, which is resulting in lower operating costs for businesses that use them
Scope Of The Report
Report Attributes
Report Details
Report Title
Air-Cooled Ice Machine Market Research Report
By Type
Output: <30kg/24h, Output: 30kg/24h~60kg/24h, Output: >60kg/24h
By Application
Catering Industry, Entertainment Venue, Shop, Others
By Companies
Hoshizaki, Manitowoc, Scotsman, Ice-O-Matic, Brema Ice Makers, Follett, Cornelius, U-LINE, Kold-Draft, Snooker, Hoshizaki
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Air-Cooled Ice Machine Market Report Segments:
The global Air-Cooled Ice Machine market is segmented on the basis of:
Types
Output: <30kg/24h, Output: 30kg/24h~60kg/24h, Output: >60kg/24h
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Catering Industry, Entertainment Venue, Shop, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hoshizaki
- Manitowoc
- Scotsman
- Ice-O-Matic
- Brema Ice Makers
- Follett
- Cornelius
- U-LINE
- Kold-Draft
- Snooker
- Hoshizaki
Highlights of The Air-Cooled Ice Machine Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Output: <30kg/24h
- Output: 30kg/24h~60kg/24h
- Output: >60kg/24h
- By Application:
- Catering Industry
- Entertainment Venue
- Shop
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Air-Cooled Ice Machine Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An air-cooled ice machine is a type of refrigeration equipment that uses compressed air to cool the interior of the machine. This type of machine is typically used in commercial settings, such as restaurants and grocery stores.
Some of the major companies in the air-cooled ice machine market are Hoshizaki, Manitowoc, Scotsman, Ice-O-Matic, Brema Ice Makers, Follett, Cornelius, U-LINE, Kold-Draft, Snooker, Hoshizaki.
The air-cooled ice machine market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Air-Cooled Ice Machine Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Air-Cooled Ice Machine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Air-Cooled Ice Machine Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Air-Cooled Ice Machine Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Air-Cooled Ice Machine Market Size & Forecast, 2018-2028
4.5.1 Air-Cooled Ice Machine Market Size and Y-o-Y Growth
4.5.2 Air-Cooled Ice Machine Market Absolute $ Opportunity
Chapter 5 Global Air-Cooled Ice Machine Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Air-Cooled Ice Machine Market Size Forecast by Type
5.2.1 Output: <30kg/24h
5.2.2 Output: 30kg/24h~60kg/24h
5.2.3 Output: >60kg/24h
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Air-Cooled Ice Machine Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Air-Cooled Ice Machine Market Size Forecast by Applications
6.2.1 Catering Industry
6.2.2 Entertainment Venue
6.2.3 Shop
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Air-Cooled Ice Machine Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Air-Cooled Ice Machine Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Air-Cooled Ice Machine Analysis and Forecast
9.1 Introduction
9.2 North America Air-Cooled Ice Machine Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Air-Cooled Ice Machine Market Size Forecast by Type
9.6.1 Output: <30kg/24h
9.6.2 Output: 30kg/24h~60kg/24h
9.6.3 Output: >60kg/24h
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Air-Cooled Ice Machine Market Size Forecast by Applications
9.10.1 Catering Industry
9.10.2 Entertainment Venue
9.10.3 Shop
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Air-Cooled Ice Machine Analysis and Forecast
10.1 Introduction
10.2 Europe Air-Cooled Ice Machine Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Air-Cooled Ice Machine Market Size Forecast by Type
10.6.1 Output: <30kg/24h
10.6.2 Output: 30kg/24h~60kg/24h
10.6.3 Output: >60kg/24h
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Air-Cooled Ice Machine Market Size Forecast by Applications
10.10.1 Catering Industry
10.10.2 Entertainment Venue
10.10.3 Shop
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Air-Cooled Ice Machine Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Air-Cooled Ice Machine Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Air-Cooled Ice Machine Market Size Forecast by Type
11.6.1 Output: <30kg/24h
11.6.2 Output: 30kg/24h~60kg/24h
11.6.3 Output: >60kg/24h
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Air-Cooled Ice Machine Market Size Forecast by Applications
11.10.1 Catering Industry
11.10.2 Entertainment Venue
11.10.3 Shop
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Air-Cooled Ice Machine Analysis and Forecast
12.1 Introduction
12.2 Latin America Air-Cooled Ice Machine Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Air-Cooled Ice Machine Market Size Forecast by Type
12.6.1 Output: <30kg/24h
12.6.2 Output: 30kg/24h~60kg/24h
12.6.3 Output: >60kg/24h
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Air-Cooled Ice Machine Market Size Forecast by Applications
12.10.1 Catering Industry
12.10.2 Entertainment Venue
12.10.3 Shop
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Air-Cooled Ice Machine Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Air-Cooled Ice Machine Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Air-Cooled Ice Machine Market Size Forecast by Type
13.6.1 Output: <30kg/24h
13.6.2 Output: 30kg/24h~60kg/24h
13.6.3 Output: >60kg/24h
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Air-Cooled Ice Machine Market Size Forecast by Applications
13.10.1 Catering Industry
13.10.2 Entertainment Venue
13.10.3 Shop
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Air-Cooled Ice Machine Market: Competitive Dashboard
14.2 Global Air-Cooled Ice Machine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hoshizaki
14.3.2 Manitowoc
14.3.3 Scotsman
14.3.4 Ice-O-Matic
14.3.5 Brema Ice Makers
14.3.6 Follett
14.3.7 Cornelius
14.3.8 U-LINE
14.3.9 Kold-Draft
14.3.10 Snooker
14.3.11 Hoshizaki
