Albany, NY -- (SBWIRE) -- 03/14/2019 -- The market for Dry Ice Machine is growing with the expansion of this Industry Sector Worldwide. Market Research Hub (MRH) has added a new report titled "Global Dry Ice Machine Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024" which offer details about the current trends and analysis, as well as scope for the near future. This research study also covers information about the production, consumption and market share based on different active regions. Furthermore, an anticipated growth at a double-digit CAGR for the Dry Ice Machine sector is highlighted in the report which indicates a prosperous future.

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Dry ice machine may refers to machines used for the production or preparation of dry ice or the machines used for cleaning application by the use of dry ice; both of which are becoming popular worldwide benefited by the advantages of dry ice storage or cleaning. 

Scope of the Report:

For industry structure analysis, the Dry ice machine industry is concentrated. A variety of manufacturers ranging from large multinational corporations to small privately owned companies compete in this industry. But few manufacturers dominated the market. The top five producers account for about 69.91% of the revenue market. 
Europe occupied 48.82% of the production market in 2015. It is followed by US and Asia-Pacific, which respectively have around 31.12% and 13.78% of the global total industry. Other countries have a small amount of production. Geographically, Europe was the largest consumption market in the world, which took about 38.71% of the global consumption volume in 2015. US shared 32.95% of global total.
For forecast, the global Dry ice machine revenue would keep increasing with annual growth rate with 5~10%, and a little higher speed in China. We tend to believe that this industry still has a bright future, considering the current demand of Dry ice machine. As for product prices, the slow downward trend in recent years will continue in the next few years for the technology progress, as competition intensifies. Similarly, there will be fluctuations in gross margin.
The worldwide market for Dry Ice Machine is expected to grow at a CAGR of roughly 6.3% over the next five years, will reach 220 million US$ in 2024, from 160 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Dry Ice Machine in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Market Segment by Manufacturers, this report covers
Cold Jet
IceTech
Karcher
ASCO Group
Artimpex nv
ICEsonic
TOMCO2 Systems
Aquila Triventek
Tooice
CO2 Air
FREEZERCO2
Kyodo International
Ziyang Sida
Wuxi Yongjie Automatic Equipment

Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
Dry Ice Production Machine
Dry Ice Cleaning Machine

Market Segment by Applications, can be divided into
Electrical Industry
Industrial Application
Food Industry
Commercial Application
Other Application

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Table of Contents

1 Market Overview
1.1 Dry Ice Machine Introduction
1.2 Market Analysis by Type
1.2.1 Dry Ice Production Machine
1.2.2 Dry Ice Cleaning Machine
1.3 Market Analysis by Applications
1.3.1 Electrical Industry
1.3.2 Industrial Application
1.3.3 Food Industry
1.3.4 Commercial Application
1.3.5 Other Application

To be continue@@