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.
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.

According to this study, over the next five years the Dry Ice Machine market will register a 6.3% CAGR in terms of revenue, the global market size will reach USD 220 million by 2024, from USD 160 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Dry Ice Machine business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Dry Ice Machine market by product type, application, key manufacturers and key regions and countries.

This study considers the Dry Ice Machine value and volume generated from the sales of the following segments-

Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Dry Ice Production Machine
Dry Ice Cleaning Machine
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Electrical Industry
Industrial Application
Food Industry
Commercial Application
Other Application

This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
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

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Dry Ice Machine consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Dry Ice Machine market by identifying its various subsegments.
Focuses on the key global Dry Ice Machine manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Dry Ice Machine with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Dry Ice Machine submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.