Portable Ice Maker Market Scope
Portable ice makers are for light use and more convenient to carry around. A portable ice maker supply the ice that one need in a variety of different conditions that a traditional undercounter ice maker cannot. Most models can fit in the car easily, and they can be carried to a park or outdoor festival. Also, using AC or DC adapter can hook a portable ice maker to the power source.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Hoshizaki Corporation (Japan), Ice-O-Matic (United States), Manitowoc (United States), SCOTSMAN (United States), Cornelius (United States), MaxxIce (United States) and Newair (United States) |
CAGR | 6.6% |
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 competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Portable Ice Maker market throughout the predicted period.
Hoshizaki Corporation (Japan), Ice-O-Matic (United States), Manitowoc (United States), SCOTSMAN (United States), Cornelius (United States), MaxxIce (United States) and Newair (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Bremen Ice Makers (Italy) and Whynter (United States).
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.
Segmentation Overview
The study have segmented the market of Global Portable Ice Maker market by Type , by Application (Household and Commercial) and Region with country level break-up.
On the basis of geography, the market of Portable Ice Maker 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).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In October 2023,Easy Ice, a national provider of commercial ice machine subscriptions, announced it has expanded its footprint in Texas and South Carolina.
In January 2018,Elanpro has launched a Portable Ice Maker with distinctive features like single water tap and optional online plumbing. It is part of the Elanpro Ice Machine Series (EIM). and The machine is equipped with intelligent water use design that offers food service operators a low cost of ownership and good performance even in challenging water conditions. The product uses both tap and bottled water
Influencing Trend:
Increasing Demand for Cold and Blended Beverages
Market Growth Drivers:
Increasing Requirement for Ice Makers in Healthcare and Foodservice
Challenges:
Portable Ice Makers Have Smaller Capacities
Restraints:
Portable Ice Machines Still Need Water To Make Ice
Opportunities:
Expansion of Foodservice Establishments around the World
Key Target Audience
Manufacturers of Portable Ice Market, Suppliers of Portable Ice Market, Wholesalers, Distributors and Retailers of Portable Ice Market, Hospitality Industry, Healthcare Industry and Governmental Bodies