Keeping cool: Industry revenue will rise as downstream markets improve

IBISWorld’s Ice Making Machine Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.


Industry Threats & Opportunities

  • Industry growth is expected to continue as demand from downstream markets expands
  • Downstream companies were attracted to less-expensive ice making machines
  • The Energy Star designation has created a more environmentally conscious industry

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    Industry Analysis & Industry Trends

    The Ice Making Machine Manufacturing industry experienced marginal growth over the five years to 2016. Healthcare, hospitality and food service providers are the industry's primary markets. Over the past five years, stronger revenue from hospitals, due to an aging US population and an increased need for medical care, helped lead to an increase in ice machine purchases. Nevertheless, the industry faces intense and persistent competition from overseas imports, especially from nations like China, which benefit from lower regulatory and labor costs. These competitive pressures have tempered any significant industry revenue and profit growth...

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    Industry Report - Industry Products Chapter

    Not self-contained

    This is the largest segment in the industry and includes ice makers, commonly found in food retail and healthcare settings. Additionally, products included in this segment are ice machines that are not completely independent units but act as complimentary ice making machines, which require a bin or storage unit. Because restaurants are a primary consumer of this product, demand for not self-contained ice makers is heavily influenced by consumer spending and trends in dining out. Over the past five years, this product segment experienced steadily increasing demand, as consumer discretionary spending improved from 2011 onward.

    Combination ice makers

    This segment includes combination ice makers, as well as ice drink dispensers. Pri..

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    Additional Insights for the Ice Making Machine Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Ice Making Machine Manufacturing Industry are

  • Use of most efficient work practices
  • Production of premium goods/services
  • Optimum capacity utilization
  • IBISWorld analysts also discuss how external factors such as Consumer spending and Demand from hospitals in the Ice Making Machine Manufacturing industry impact industry performance..

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    Industry Products

    What is the Ice Making Machine Manufacturing Industry?

    Industry establishments manufacture ice making machines, including ice cube makers, ice flake makers and combination ice makers, primarily served to commercial markets.

    Industry Products
    Self-contained ice cube makers
    Self-contained flake or chip machines
    Not self-contained
    Combination ice makers
    Industry Activities
    Manufacture commercial-use ice cube makers
    Manufacture commercial-use flake ice makers
    Manufacture ice and drink dispensers
    Manufacture undercounter ice makers
    Manufacture countertop ice makers
    Manufacture ice bins

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Consumer spending
  • Demand from hospitals
  • Demand from accommodation
  • Demand from food services and drinking places
  • Trade-weighted index
  • Domestic trips by US residents

  • Current Performance
  • Trade and profit
  • Chart: Revenue Growth

  • Industry Outlook
  • Energy-efficient products
  • Import competition subsides
  • Profit recovers
  • Table: Ice Making Machine Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Ice Making Machine Manufacturing Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Restaurant & Hotel Equipment Wholesaling
  • Retail Trade
  • Hospitals

  • Key Selling Industries
  • Electrical Equipment Manufacturing
  • Ferrous Metal Foundry Products
  • Metal Pipe & Tube Manufacturing
  • Navigational Instrument Manufacturing

  • Products & Services
  • Not self-contained
  • Combination ice makers
  • Self-contained ice cube makers
  • Self-contained flake or chip machines
  • Chart: Ice Making Machine Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Hospital and healthcare facilities
  • Restaurants, grocery stores, foodservice and drinking establishments
  • Hotel and hospitality
  • Other
  • Chart: Major Market Segmentation for the Ice Making Machine Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Ice Making Machine Manufacturing

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Ice Making Machine Manufacturing Industry

  • Industry Globalization
    Major Companies
    Ali Group S.p.A.The Manitowoc Company, Inc.Hoshizaki America
  • Table: Ali Group S.p.A. - financial performance
  • Table: The Manitowoc Company, Inc. - financial performance
  • Table: Hoshizaki America - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Ice Making Machine Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Ice Making Machine Manufacturing Industry
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Exports (2007-2021)
  • Imports (2007-2021)
  • Wages (2007-2021)
  • Consumer Spending (2007-2021)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Energy Star
  • Energy Star is a US Environmental Protection Agency voluntary program that helps businesses save money and be more environmentally friendly.
  • Epa
  • The US Environmental Protection Agency was created to protect human health and the environment.
  • Flake Ice
  • Soft, slower-melting ice that is useful for beverages. Flake ice can also be used during medical treatment.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Ice Making Machine Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Ice Making Machine Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Ice Making Machine Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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