Middle East and Africa Ice Cream Freezers Market is expected to grow with the CAGR of 6.5% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below:
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Middle East and Africa ice cream freezers market is a highly consolidated market which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.
The major players dealing in Middle East and Africa ice cream freezers market are introducing strong range of product portfolio. This has helped the companies to maximize the sales with enhanced product portfolio. For instance, in January 2021, Liebherr-International Deutschland GmbH has launched a new range of integrated appliances. The new model appliances are designed with high quality and smart technology. In addition, the new models are featured to connect with Wi-Fi network through smart device box. Currently, the customers are adopting more to the smart technologies which increases the net sale of the integrated appliances. Thus, it drives the company’s growth in the market.
Siemens:
Siemens is headquartered in Munich, Germany and was founded in 1897. The company focuses on production and supply of systems for power generation, medical diagnosis and power transmission. The company deals in multiple business segments such as digital industries, Siemens Healthineers, smart infrastructure, mobility and portfolio companies out of which digital industries is the market focused segment. The company provides various products under categories such as cooking baking, wash and dry, dishwasher, cooling & freezing and coffee machines among which cooling & freezing is the market focused category.
The company has wide presence in Europe, Asia-Pacific, Africa, Australia, Middle East and Americas and it generates revenue through various subsidiary companies namely Siemen Spa (Algeria), Siemens Industrial LLC (Egypt), Siemens Industrial LLC (Oman), Siemens Healthcare L.L.C. (U.A.E), Siemens Healthcare S.r.l. (Italy) among others.
Robert Bosch GmbH:
Robert Bosch GmbH is headquartered in Stuttgart, Germany and was founded in 1886. The company is a supplier of technology and services which offers to create solutions for a connected life and to improve quality of life worldwide with products and services that are innovative and spark enthusiasm. The company deals in multiple business segments such as mobility, at home, industry and trades, connected products and services and market-specific solutions out of which at home is the market focused segment. The company provides various products under categories such as cooking baking, wash and dry, dishwasher, cooling & freezing, tassimo capsule machines, breakfast, smart indoor gardening and food processor among which cooling & freezing is the market focused category.
For instance,
- In February 2021, Robert Bosch GmbH has won the esteemed Best Brands Award in the overarching category “Best Brand Overall” for 2021. This has helped the company to be recognized for the best in product innovations and create brand value amongst its customers.
The company has wide presence in Asia-Pacific, Europe, Middle East and Africa, South America and North America and it generates revenue through various subsidiary companies namely Bosch Rexroth (Germany), Dremel (U.S.), BSH Hausgeräte (Germany), Bosch Thermotechnik GmbH (Germany), Bosch Sicherheitssysteme (Germany) among others.
Panasonic Corporation:
Panasonic Corporation is headquartered in Osaka, Japan and was founded in 1918. The company focuses on developing, manufacturing and marketing the electrical products. The company deals in multiple business segments such as appliances, eco solutions, automotive, industrial systems and connected solutions out of which appliances is the market focused segment. The company provides various products under categories such as home appliances, air conditioning, food distribution and device/others among which food distribution is the market focused category.
For instance,
- In July 2017, Panasonic Corporation completely acquired Zetas Industries SA. Zetas is a Europe based company which has leading position in goods and mobility solutions. This acquisition will improve the growth of B2B solution business.
The company has wide presence in Asia-Pacific, Europe, Middle East and Africa, South America and North America and it generates revenue through various subsidiary companies namely Panasonic Corporation of China (China), Panasonic India Pvt.Ltd. (India), Panasonic Europe B.V. (Europe) and others.
