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Worldwide Ice Maker Industry to 2026 - Featuring Hoshizaki, Scotsman Industries and Whynter Among Others

Share this article Share this article ResearchAndMarkets.com s offering. The global ice maker market reached a value of US$ 4.8 Billion in 2020. An ice maker, also known as an ice generator or ice machine, is an appliance that is used for producing ice in both the residential and commercial sectors. It is manufactured using various components, which include motors, compressors, condensers, evaporators, throttle valves and heating elements. Among these, the compressor cold compresses the low-pressure vapor to high-pressure vapor and directs it to the condenser. The condenser helps in condensing the high-pressure vapor into the high-pressure liquid, which is then drained out through the throttle valve. The liquid is then sent towards the evaporator wherein heat exchange takes place and results in the formation of ice.

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