Global Ice Maker Market - Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024 Bharat Book Bureau Provides the Trending Market Research Report on “Ice Maker Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024” under Media & Technology category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports. Ice Maker, also known as ice machine or ice generator, refers to an industrial and consumer device which produces ice. It is made of various components which include an evaporator, compressor, condenser and throttle valve. An ice maker comes in various sizes ranging from small to big as per the requirement of the consumers. In the current scenario, they are being increasingly used all over the world across different sectors. According to the latest report by IMARC Group, titled “Ice Maker Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global ice maker market reached a value of US$ 4.35 Billion in 2018. The global ice maker market is being primarily driven by the rising need for ice makers in numerous microbiology, genetic engineering, biochemistry and biotechnology laboratories for storing biological samples. In addition to this, the growing need for ice makers in cold compression therapies is further propelling the growth of the market. Moreover, there is a rise in fast food chains owing to sedentary lifestyles and an increase in disposable incomes which has resulted in an augmented demand for ice makers. Looking forward, the market value is projected to reach US$ 6.16 Billion by 2024, expanding at a CAGR of around 6% during 2019-2024. Request a free sample copy of Ice Maker Market Report @ https://www.bharatbook.com/marketreports/sample/reports/1598971 Market Summary: Based on the product type, the market has been segmented into ice cube maker, ice flake maker, ice nugget maker and others. Amongst these, ice cube makers holds the majority of the market share due to an increase in the demand from various foodservice establishments such as quick service restaurants. The market has been further segregated
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