Global Commercial Undercounter Ice Machines Market 2017-2021

  • ID: 4390856
  • Report
  • Region: Global
  • 71 pages
  • TechNavio
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FEATURED COMPANIES

  • Cornelius
  • Foster
  • ITV Ice Makers
  • NTF
  • Stuart Ice Makers
  • Viking
  • MORE
About Commercial Undercounter Ice Machines

Commercial undercounter ice machines are self-contained machines that are specifically designed to fit below countertops in various commercial food and beverage establishments such as bars, pubs, juice centers, and others to save space. The global commercial refrigeration equipment market mainly includes walk-in coolers, display cases, beverage refrigerators, ice-making machinery, and others.

The analysts forecast the global commercial undercounter ice machines market to grow at a CAGR of 7.79% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global commercial undercounter ice machines market for 2017-2021. Market estimates include sales of new units of commercial undercounter ice machines to end-users.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Commercial Undercounter Ice Machines Market 2017-2021, 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 vendors
  • Cornelius
  • Hoshizaki
  • Scotsman Ice Machines
  • Welbilt
Other prominent vendors
  • EdgeStar
  • Follett
  • Foster
  • Ice-O-Matic
  • ITV Ice Makers
  • kold-draft
  • Marvel
  • NTF
  • Polar Refrigeration
  • Stuart Ice Makers
  • Summit Appliance
  • U-Line
  • Viking
  • WESSAMAT
  • Whynter
Market drivers
  • Growing emphasis on distribution channels and aftersales service
  • For a full, detailed list, view the full report
Market challenges
  • Rise in cost of inputs and administrative or legal proceedings
  • For a full, detailed list, view the full report
Market trends
  • Influx of new products with improved controls and features
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 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?
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Cornelius
  • Foster
  • ITV Ice Makers
  • NTF
  • Stuart Ice Makers
  • Viking
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by product
  • Market overview
  • Global commercial air cooled undercounter ice machines market
  • Global commercial water cooled undercounter ice machines market
  • Comparative analysis of commercial air cooled and water cooled undercounter ice machines
PART 07: Geographical segmentation
  • Market overview
  • Americas
  • EMEA
  • APAC
PART 08: Key leading countries
  • China
  • US
  • Germany
PART 09: Decision framework

PART 10: Drivers and challenges
  • Market drivers
  • Market challenges
PART 11: Market trends
  • Influx of new products with improved controls and features
  • Increasing focus on developing energy-efficient commercial undercounter ice machines
  • Introduction of patented ice and ice storage systems
PART 12: Vendor landscape
  • Competitive scenario
PART 13: Key vendor analysis
  • Cornelius
  • Hoshizaki
  • Scotsman Ice Machines
  • Welbilt
  • Other prominent vendors
PART 14: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Global commercial refrigeration equipment market 2016 ($ billions)
Exhibit 02: Global commercial undercounter ice machines market: An overview
Exhibit 03: Global commercial undercounter ice machines market 2016-2021 ($ millions)
Exhibit 04: Growth rate of non-alcoholic beverages in convenience stores in US 2016
Exhibit 05: Five forces analysis of global commercial undercounter ice machines market
Exhibit 06: Global commercial undercounter ice machines market by product 2016 (% share of revenue)
Exhibit 07: Global commercial undercounter ice machines market by product 2021 (% share of revenue)
Exhibit 08: Global commercial undercounter ice machines market by product 2016-2021 (% share of revenue)
Exhibit 09: Global commercial undercounter ice machines market by product 2016-2021 ($ millions)
Exhibit 10: Global commercial air cooled undercounter ice machines market 2016-2021 ($ millions)
Exhibit 11: Global commercial water cooled undercounter ice machines market 2016-2021 ($ millions)
Exhibit 12: Commercial air cooled undercounter ice machines: Pros and cons
Exhibit 13: Commercial water cooled undercounter ice machines: Pros and cons
Exhibit 14: Global commercial undercounter ice machines market by geography 2016 (% share of revenue)
Exhibit 15: Global commercial undercounter ice machines market by geography 2021 (% share of revenue)
Exhibit 16: Global commercial undercounter ice machines market by geography 2016-2021 (% share of revenue)
Exhibit 17: Global commercial undercounter ice machines market by geography 2016-2021 ($ millions)
Exhibit 18: Commercial undercounter ice machines market in Americas 2016-2021 ($ millions)
Exhibit 19: Commercial undercounter ice machines market in EMEA 2016-2021 ($ millions)
Exhibit 20: Commercial undercounter ice machines market in APAC 2016-2021 ($ millions)
Exhibit 21: Cornelius: Product portfolio
Exhibit 22: Hoshizaki: Product portfolio
Exhibit 23: Scotsman Ice Machines: Product portfolio
Exhibit 24: Welbilt: Product portfolio
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Cornelius
  • Foster
  • ITV Ice Makers
  • NTF
  • Stuart Ice Makers
  • Viking
  • MORE
New Report Released: - Global Commercial Undercounter Ice Machines Market 2017-2021

The author of the report recognizes the following companies as the key players in the global commercial undercounter ice machines market: Cornelius, Hoshizaki, Scotsman Ice Machines, and Welbilt.

Other Prominent Vendors in the market are: EdgeStar, Follett, Foster, Ice-O-Matic, ITV Ice Makers, kold-draft, Marvel, NTF, Polar Refrigeration, Stuart Ice Makers, Summit Appliance, U-Line, Viking, WESSAMAT, and Whynter.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is Influx of new products with improved controls and features. Commercial undercounter ice machine manufacturers are introducing new products, which have improved durability, water efficiency, and ice productivity. For instance, Scotsman Ice Machines offers commercial undercounter ice machines, which have a sensor for detecting the quality of water. The sensor is designed to detect hard water conditions, and the control system removes the mineral-laden water in every harvesting cycle. These machines also have insulated storage bins, which ensures the storage of ice for longer time period before it starts melting.

According to the report, one of the major drivers for this market is Growing emphasis on distribution channels and aftersales service. Commercial undercounter ice machine manufacturers, to cater to the needs of customers, market their products in various countries through a large network of sales companies, distributors, and suppliers. Many market players are also focusing on strengthening their equipment sales through master distributors. They are also trying to build strong relationships with the distributors so that they can have high revenue generation as well as repeat business. Strong distribution channels can also help in the sales of ENERGY STAR-certified machines, which are comparatively high-priced but will be beneficial for end-users in terms of cost-savings.

Further, the report states that one of the major factors hindering the growth of this market is Rise in cost of inputs and administrative or legal proceedings. Steel, aluminum, copper, and refrigerants are the basic inputs that are used in the manufacture of commercial undercounter ice machines. Aluminum prices are expected to trade above $2,000 per million tons by the end of 2018 from around $1,900 per million tons in 2016. Similarly, steel prices are expected to trade above $400 per million tons in 2018 from around $300 per million tons in 2016. Oil, another commodity, is used for the transportation of products to various regions. During the forecast period, the risks related to increase in prices of these inputs can affect the growth of the global commercial undercounter ice machines market. Further, some manufacturers might not be able to pass down the high cost to consumers to retain the market share.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Cornelius
  • Hoshizaki
  • Scotsman Ice Machines
  • Welbilt
  • EdgeStar
  • Follett
  • Foster
  • Ice-O-Matic
  • ITV Ice Makers
  • kold-draft
  • Marvel
  • NTF
  • Polar Refrigeration
  • Stuart Ice Makers
  • Summit Appliance
  • U-Line
  • Viking
  • WESSAMAT
  • Whynter
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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