Flake Ice Machine Market Scope
The global flake ice machine market is expected to grow at a sgnificant pace as the requirement of flake ice is rising rapidly owing to its increasing end use applications. Moreover, growing demand for fisheries & other food products storage & transportation and surging demand in supermarkets are some of the major factors aiding into the growth for flake ice machine market globally.
According to AMA, the Global Flake Ice Machine market is expected to see growth rate of 7.7%The companies in this market are focusing on increasing their customer base by catering to different industries requirements across different industry applications. For instance, in 2018, Recom Ice Systems delivered six F100AT-5 (Capacity of 10 Tons/day) and two F50AT-5 industrial flake ice machines to Atlantique Peche in Mauritania which are being used for the development of West African country which is highly dependent upon fisheries trade. Research Analyst at AMA estimates that United States Manufacturers will contribute to the maximum growth of Global Flake Ice Machine market throughout the predicted period.
IRL - Industrial Refrigeration (India), Shanghai Changke Refrigeration Equipment Co.,Ltd. (China), Scotsman Industries, Inc. (United States), Recom Ice Systems B.V. (The Netherlandss), Push Engineering Pvt. Ltd. (India), North Star Ice Equipment (United States), Srlab Instruments (India), Manitowoc Ice (United States), Ice-O-Matic (United States), Minerva Omega Group s.r.l. (Italy) and KOLLER Refrigeration & Equipment (China) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are MAJA-Maschinenfabrik (United States) and Dongguan COLDMAX Ltd. (China).
Segmentation Overview
The study have segmented the market of Global Flake Ice Machine market by Type (Fresh Water Machine and Salt Water Machine), by Application (Commercial and Industrial) and Region with country level break-up.
On the basis of geography, the market of Flake Ice Machine has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Growing Usage of Ice Makrers for Cold Compression Therapy
Market Growth Drivers:
Growing Demand for Fisheries and Bakery Products Transportation and Surging Demand from Supermarkets
Challenges:
High Initial Capital Investment and Requirement of Power Cut-off During Periodic Maintenance
Restraints:
Requirement of Large Surface Area for Storage
Opportunities:
Surging Demand in Scientific Fields
Market Leaders and their Expansionary Development Strategies
In March 2022, Pentair is buying Manitowoc Ice, which makes commercial ice machine Manitowoc Ice, based in Manitowoc, Wis., is a subsidiary of Welbilt Inc., a Florida-based maker of commercial food-service equipment.
In May 2022, Foodservice Equipment Marketing is launching a countertop nugget ice dispenser from Manitowoc Ice, ideal for both self serve and staff serve.
Analyst View
The market for flake ice machines is highly dependent upon total consumption of its end use industries which requires flake ice for different applications such as fisheries & aquatic food processing, medium & large chain supermarket, mine temperature reduction, food processing, medical facilities, concrete cooling projects, chemical industry, and sports such as skiing. The market for flake ice machine is highly fragmented as there are so many players into this market dealing in seperate regions and satisfying the local customers. For instance in 2018, Recom Ice Systems delivered and installed two F250WT-6 with a capacity of 25 tons/day water-cooled flake ice machines to Davmercorp S.A. in Guayaquil Ecuador.
Key Target Audience
Refrigerated Transport Service Providers, Local Ice Suppliers, Fisheries Vendors, Medical Facilities, Construction Industry Veterans and Others
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.