Lewes, DE -- (SBWIRE) -- 12/28/2016 -- Report forecast the global commercial ice maker machine market to grow at a CAGR of 8.12% during the period 2016-2020.

An icemaker or an ice machine is a consumer device or a kind of refrigeration machinery for the production of ice. The size of an ice machine generally varies depending on the requirement. For instance, a small-scale ice maker is usually used as an individual appliance or fitted inside a freezer. However, large-scale production requires separate ice makers to be installed. A typical ice maker consists of control modules, motors, thermostats, heater terminals, valves, and blades. The term icemaker is more versatile, as some manufacturers refer to their products as packaged ice machines, whereas others use ice maker.

The report covers the present scenario and the growth prospects of the global commercial ice maker machine market for 2016-2020. To calculate the market size, the report considers the revenue generated from the worldwide retail sales of the different types of commercial ice maker machine.

The market is divided into the following segments based on geography:
- Americas
- APAC
- Europe
- The Middle East and Africa

According to the report, one of the primary drivers in the market is increased penetration of fast food chains. The rapid expansion of fast food chains in developing countries has significantly boosted the demand for ice makers. The global fast-food industry generates annual revenue of over $570 billion. These fast food chains required ice for the storage of food items as well for serving ice with the drinks. The advances in technology and the availability of ice makers in several size and capacity have gained their attention as the production of in-house ice is more economical than procuring ice from outside. The penetration of fast food chains is increasing in countries such as India, with the entry of global fast food chains. This is propelling the demand for commercial ice maker machines. Restaurants, hotels, and foodservices providers increasingly depended on durable ice maker machines, particularly for preserving meat, fresh produce, seafood and in salad bars, and blended cocktails.

Further, the report states that one major challenge in the market is space constraints. While commercial ice maker machines are not typically bulky, finding room for ice machines poses a challenge to retail stores, restaurants, and other industries. An ice machine needs space for the equipment, bin and water filter. In addition to this, air cooled ice machines require proper ventilation to keep the unit cool and maximize ice production. With costs of floor spaces rising, customers may be forced to refrain from spending on this equipment. Also, customers often use one machine to produce ice at one location and transported it to their other facilities to limit multiple equipment purchases. In addition, ice maker machines are often kept in basements with limited air circulation, leading to breakdowns due to overheating, which increases operational costs. Vendors must introduce space-efficient machines to combat these challenges and facilitate adoption.

Global Commercial Ice Maker Machine Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global commercial ice maker machine market: Ali Group, Follett, Hoshizaki, and The Manitowoc Company.

Other prominent vendors in the market are: Bionics Scientific Technologies, Brema Ice Makers, BUUS Refrigeration, Electrolux, Focusun Refrigeration, GEA, Howe Corporation, MAJA, and Telstar.

Market driver
- Versatility and cooling efficiency of flake ice.
- For a full, detailed list, view our report

Market challenge
- Phasing out of refrigerants and high energy costs.
- For a full, detailed list, view our report

Market trend
- Enhancement of serviceability and maintenance.
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 61 pages and 39 Exhibits "Global Commercial Ice Maker Machine Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by product, Market segmentation by end user, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

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