Hasta La Gadget!

The former Arkansas governor was one of Donald Trump’s fiercest critics on the campaign trail.

Life’s busy enough for many of us without having to get bogged down in day-to-day home maintenance. So, if you have some cash to spare, why not make things easier for yourself by splurging on a robot vacuum? Several iRobot Roomba models are up to 50 percent off in a sale on Amazon. Some have dropped to record low prices, including the iRobot Roomba 694. At $160, that model is 42 percent off its usual price of $275.

Although it’s not the first time the 694 has dropped to this price, it’s always worth calling out since this is our top pick for the best budget robot vacuum. It’s easy to use thanks to the three onboard buttons and connected iRobot app. There’s Alexa and Google Assistant support too, so you can instruct the vacuum to start cleaning with a voice command.

You can set cleaning schedules so that the 694 travels through your home on a regular basis to pick up any dirt and we found that it does a solid job of lifting muck from carpets as well as hard flooring. Battery life varies depending on the type of flooring. According to iRobot, the device will run for up to 90 minutes while cleaning hardwood floors but in our testing the battery lasted around 45 minutes when it was deployed over several types of surfaces. Of course, when it’s time to recharge, the Roomba will return to its dock and juice up.

On the downside, you only get the essentials you need to get started — the 694 doesn’t come with any replacement filters or brushes. But given that you’d be saving well over $100 on this model thanks to the sale, you might be able to set aside some funds to buy those when the time comes.

Those who are looking for some added features may be more interested in the Roomba j9+, which is also down to a record low. At $599, it’s $300 off the regular price. According to iRobot, the Roomba j9+ “sucks up dust and debris better than any other robot vacuum.” It also has a Dirt Detective feature through which it can learn the areas of your home that tend to get the dirtiest, so it knows which rooms to prioritize, the level of suction to apply and how many cleaning passes are likely to be needed.

The Roomba j9+ can detect and avoid common obstacles such as cables and socks. Perhaps most importantly, it can spot and stay clear of pet waste. This model will also automatically empty its bin, which means you have even less to worry about.

Follow @EngadgetDeals on Twitter and subscribe to the Engadget Deals newsletter for the latest tech deals and buying advice.

This article originally appeared on Engadget at https://www.engadget.com/the-irobot-roomba-694-drops-to-a-record-low-of-160-152516337.html?src=rss

Introduction

Electric Kettle Statistics: As of the report analysis, global market revenue earned by the Electric Kettle industry is expected to reach $5.51 billion by the end of 2028. Since technological developments, the market of electric kettles has been expanding enormously around the world. The factors that are driving the overall market are growth in the kitchen appliances industry, the rising popularity of electric kettles, and global consumer preferences are increasing towards energy-saving technologies. This Electric Kettle Statistics is going to cover all essential aspects of this industry such as revenue shares, players, revenue share, uses, market by types, application, geography, etc.

Editor’s Choice

• Market Valuation (2023): Statista reports a projected global market value of approximately $4.29 billion for Electric Kettles.
• Long-term Market Size (2031): According to Growth Market Reports, the market size is expected to reach $27.09 billion by 2031, growing at a Compound Annual Growth Rate (CAGR) of 4.5% from 2023 to 2031.
• Market Growth (2023-2028): The sector anticipates a growth rate of 5.13% CAGR during this period.
• China’s Market Contribution (2023): China is poised to generate the highest revenue, estimated at $1,119 million.
• Per Household Revenue (2023): The average revenue per household for electric kettles is expected to be around $1.95.
• Market Volume Projection (2028): The volume of Electric Kettles is forecasted to reach 149.4 million units.
• Volume Growth (2024): A 2.4% growth in market volume is anticipated.
• Average Volume Per Household (2023): Projected to be 0.06 units per household.
• Sales Channels Distribution (2023): The industry sees a division between offline (71.1%) and online (28.9%) sales channels.
• Cultural Impact in China: Electric kettles have become an essential household item in China, particularly due to the tea-drinking culture, complemented by the availability of advanced and stylishly designed kettles.

What is an Electric Kettle?

An Electric Kettle is an electronic device that is used for boiling water for preparing tea, coffee, soups, and various beverages. This device is mostly used as a kitchen appliance available with innovative features such as an adjustable backlight, remote control ability, power consumption monitors, schedules heating features, etc.

General Electric Kettle Statistics

(Source: mordorintelligence.com)

• Market Value Projections (2029): Global News Wire predicts the market to reach $18,020 million by 2029, expanding at a CAGR of 3.85% from 2023 to 2029.
• Product Features: Electric kettles typically offer features like variable water temperature settings, the option of being cord or cordless, an average power usage of 1500 watts, and a standard capacity to hold 6-8 cups of water.
• Growth Rate (2023-2028): As per Mordor Intelligence, the market is expected to grow at a CAGR of 5% during this period.
• Regional Market Dynamics: The Asia Pacific region is the fastest-growing market, while Europe holds the largest market share in 2023.
• Market Size Forecast (2030): Kbv’s research analysis suggests that the market size will increase by $5.8 billion by 2030, with a CAGR of 4.3%.
• Popular Materials: In 2023, stainless steel is the most widely used material in electric kettles, followed by plastic, glass, and others.
• Segmentation by Application: The residential segment leads the market, projected to reach a value of $4.9 billion by 2030. The commercial segment is anticipated to grow at a CAGR of 6.1% from 2021 to 2028.
• Dominant Region (2030): The Asia Pacific region is expected to dominate the market with a projected value of $2.6 billion by 2030.

Electric Kettle Statistics by Revenue

(Reference: statista.com)

• As Statista reports, revenue generated by the Electric Kettle industry around the world in 2023 has reached $4.29 billion.
• Furthermore, in coming years, the electric kettle market is expected to gain higher revenues followed by 2024 ($4.51 billion), 2025 ($4.75 billion), 2026 ($5 billion), 2027 ($5.25 billion), and 2028 ($5.51 billion).

Electric Kettle Statistics by Country Revenue

(Source: statista.com)

• China’s Market Dominance: With an expected revenue of $1,119 million, China leads due to its massive consumer base, strong manufacturing sector, and the cultural prevalence of tea drinking, which boosts demand for electric kettles.
• High Revenue in Developed Countries: The United States ($290 million), Japan ($215 million), and Germany ($147 million) show substantial market values, likely due to higher disposable incomes, advanced retail infrastructure, and a preference for convenient and efficient kitchen appliances.
• Emerging Markets’ Contribution: Countries like Brazil ($254 million), India ($232 million), and Russia ($122 million) reflect growing markets. This growth can be attributed to increasing urbanization, rising middle-class populations, and greater adoption of modern kitchen appliances.
• Diverse Revenue in Other Regions:
  • European Countries: Nations like the United Kingdom ($134 million), France ($108 million), and Italy ($56 million) show notable market sizes, influenced by established economies and a preference for quality kitchen appliances.
  • African and Middle Eastern Markets: Countries such as Egypt ($33 million), South Africa ($14 million), and Saudi Arabia ($18 million) have smaller, yet growing markets, possibly due to increasing urbanization and changing lifestyles.
  • Asian Markets: Regions like Indonesia ($50 million), Malaysia ($17 million), and Thailand ($49 million) demonstrate growing market sizes, driven by expanding economies and evolving consumer preferences.
• Market Dynamics in North America and South America: Canada ($58 million) and Mexico ($22 million) show healthy market sizes in North America, while in South America, Argentina ($9 million) and Chile ($14 million) indicate smaller but potential markets.

Electric Kettle Statistics by Region

• According to Research and Market report analysis, the electric kettle market share in the Asia Pacific region is expected to reach a CAGR of 4.6% from 2023 to 2030.
• Whereas, the market growth in the North American region is expected to grow 4.45% from 2023-28.
• Lastly, the European electric kettle market growth is predicted to be 3.6% from 2023 to 2030.
• By the end of 2028 the expected market growth in the region of South Africa by 6.81% from 2023 to 2028.

Electric Kettle Statistics by Average Revenue Per Household

(Reference: statista.com)

• According to Statista Market Insights, in terms of total number of per household revenue is expected to be $1.95 by the year 2023
• Furthermore, average revenue per household is followed by 2024 ($2.02), 2025 ($2.09), 2026 ($2.17), 2027 ($2.25), and 2028 ($2.33).

Electric Kettle Statistics by Brand Share

(Reference: statista.com)

In 2022, the brand share in the electric kettle industry was led by two prominent brands, Braun and Sunbeam, each holding a 7% share. This dominance can be attributed to their strong brand recognition, consistent quality, and wide range of products appealing to diverse consumer preferences. Other notable brands in the market include:

• Cuisinart and MILTON: Both brands captured 5% of the market share. Their popularity can be linked to their reputation for quality products and innovative features that cater to the needs of modern kitchens.
• Smaller Market Shares: Brands like Gourmia, Hamilton Beach, IRIS OHYAMA, MONDIAL, MORPHY RICHARDS, and T-fal each held a 2% share. These brands maintain their market presence through specific niches, competitive pricing, or unique product offerings.
• Other Brands: Collectively accounted for 6.4% of the market. This segment likely includes a variety of smaller or regional brands, each catering to specific customer needs or preferences, indicating a diverse and competitive market landscape.

Electric Kettle Statistics Sales Channel

(Reference: statista.com)

• Dominance of Offline Sales in 2023: Offline channels led with a 71.1% revenue share, indicating a strong consumer preference for purchasing electric kettles through traditional retail stores. This preference could be due to the tactile experience of seeing and handling the product before purchase.
• Growing Trend Towards Online Sales: Online sales, while constituting 28.9% in 2023, are expected to see a consistent rise in the coming years – reaching 32.6% in 2024, 36.9% in 2025, 37.2% in 2026, and 38% by 2027. This growth trend reflects the increasing consumer comfort with e-commerce, driven by convenience, wider selection, competitive pricing, and enhanced digital shopping experiences.
• Decline in Offline Sales’ Share: Correspondingly, the share of offline sales is projected to decrease – to 67.4% in 2024, 63.1% in 2025, 62.8% in 2026, and 62% by 2027. Despite the decline, offline channels remain significant, likely due to the established retail infrastructure and the preference of certain consumer segments.
• Mobile vs. Desktop Online Sales: The split between mobile and desktop online sales also shows a trend. In 2023, 56.9% of online sales were through mobile, and 43.1% via desktop. This split is expected to shift further towards mobile, reaching 58.3% in 2024, 59.5% in 2025, 60.4% in 2026, and 61.1% in 2027. The increasing preference for mobile shopping is influenced by the ubiquity of smartphones and the convenience of shopping anytime and anywhere.

Electric Kettle Statistics by Volume

(Reference: statista.com)

The market volume and growth projections for the Electric Kettle industry from 2023 to 2028 are as follows:

• Market Volume in 2023: Expected to reach 133.4 million units, with a growth rate of 2.5%. This indicates a steady demand for electric kettles, likely driven by their convenience and increasing consumer preference for quick and efficient kitchen appliances.
• Stable Growth in Subsequent Years:
• • 2024: Volume remains at 133.4 million units, but the growth rate slightly decreases to 2.4%. This could be due to market saturation in certain regions.
  • 2025: A rise to 139.7 million units with a 2.3% growth rate, suggesting a continued, albeit slightly slower, market expansion.
  • 2026 and 2027: Consistent growth with volumes reaching 142.9 million and 146 million units, respectively, both years seeing a 2.3% growth rate. This steady growth might be attributed to ongoing innovations and the entry of new consumers in the market.
  • 2028: Projected to reach 149.4 million units, with a growth rate slowing to 2.2%. This gradual decline in growth rate could indicate maturing markets and the stabilization of consumer demand.

Types of Electric Kettle

• There are 5 different types of electric kettle available within the marketplace traditional electric kettle, cordless electric kettle, glass electric kettle, stainless steel electric kettle, and variable temperature electric kettle.
• The traditional electric kettle comes with a heating element in the bottom of the kettle along with an automatic power-off feature once water is boiled.
• The cordless electric kettle has a base that is connected to the kettle, used for generating power sources, and can be easily removed from the base which is more convenient to use.
• Glass electric kettle has a glass body so that users can easily see the inside boiling process. The heating element of the kettle is present at the bottom which supplies power along with an automatic power turn-off feature.
• The stainless steel electric kettle has a rust-resistant body and is easy to clean the heating element is located at the bottom of the kettle and automatic shut-off feature.
• Variable temperature electric kettle is a popular growing type around the world as they allow users to set the temperature according to preference and the heating element is the same as other types.

Manufacturers of Electric Kettle

(Source: mordorintelligence.com)

Electric Kettle Statistics by Usage Share

(Reference: mdpi.com)

• According to the reports of MDPI, across the global market of electric kettles, 17.8 million units/year are expected to be sold in the European Union by the end of 2030.
• As of 2023, only 6 of the European population used electric kettles for boiling water.
• Other uses are followed by very often (10%), quite often (15%), occasionally (33%), never (35%), unaware about the device usage (1%).

Electric Kettle Statistics by Rank

#1. Cuisinart CPK-17 Perfect Temp Cordless Electric Kettle (best for all purposes)

(Source: nytimes.com)

• The cost of this electric kettle is $70 at Wayfair and $70 at Amazon.
• The electric kettle has a water boiling capacity of 1.7 L within just 7 minutes.
• The kettle consists of 6 different temperature preferences and water remains warm for 30 minutes.

#2. Breville IQ Kettle (Sleeker but pricier)

(Source: nytimes.com)

• The cost of this kettle is around $140
• A feature includes a large 60.8-oz reservoir capacity, 1500W heating element, 5 preset brewing temperatures, keeps water warm for 20 minutes, and automatically turns off when the water reaches the boiling temperature.

#3. Cuisinart Digital Gooseneck Kettle (best digital gooseneck kettle)

(Source: nytimes.com)

• The cost of this kettle is $100 at Amazon and $99 at Wayfair.
• Features enable boiling 1 liter of boiling water, one-touch control, keeping water warm for 30 minutes, stainless-steel kettle body, and a limited warranty of 3 years.

#4. Hamilton Beach 40880 Stainless Steel kettle (less expensive)

(Source: nytimes.com)

• This kettle costs around $37, which is easily available at Amazon.
• Features include a large 1.7 liter capacity for boiling water which is easily convenient, the technology used auto shut-off and boil-dry protection, and a concealed heating element facilitates easy clean up.

Conclusion

As of today, after completing the article on Electric Kettle Statistics it can be said that electric kettle are much more energy-efficient than microwaves and electric stovetops. The market shares of electric kettles are growing enormously around the world and by 2030 the market valuation is expected to reach $ 5.8 billion with a CAGR of 4.3% from 2023 to 2030. These kettles can be used for personal as well as commercial uses. In coming years with advanced technological developments, it has been predicted that the market is going to enhance more.

So, what are you waiting for? go and get one for yourself. This article includes several possible and effective statistics about the electric kettle industry that will help in understanding the topic better.

Introduction

Portable Ice Maker Statistics: As of reports, the global market size of Portable Ice Maker is going to reach around $2410.76 million by the end of 2030 at a CAGR of 6.54% from 2022 to 2030. The ice makers are mostly applicable in commercial areas such as restaurants, hotels, convenience stores, etc so that they can enable a steady supply of ice for numerous purposes.

The market came into demand and grew significantly with the increasing consumer preferences for cold beverages during summer. This Portable Ice Maker Statistics is going to cover all essential aspects of this industry such as market shares, players, revenue share, uses, market by types, application, geography, etc.

Editor’s Choice

• Market Size Projections (2029): Maximize Market Research forecasts the market size to reach around $6.65 billion by 2029, growing at a CAGR of 5.12% from 2023 to 2029. This growth indicates a strong and steady demand for ice makers in various sectors.
• Dominance of Ice Cube Makers: In both market share and growth potential, ice cube makers lead the segment. Accounting for over 50% of the market, they are expected to grow at a CAGR of 6.1% by 2029. This dominance can be attributed to their widespread use in both commercial and residential settings.
• Market Valuation (2023): According to Imarc market research reports, the global ice maker market is valued at $5.1 billion in 2023. This valuation reflects the current demand and the incorporation of technological advancements in ice maker manufacturing.
• Long-Term Market Growth (2032): The market size is predicted to reach $7.3 billion by 2032, growing at a rate of 4.1% from 2024 to 2032. This suggests a continued expansion of the market, albeit at a slightly slower pace.
• Food Service Segment’s Market Share (2023): As per Cognitive Market Research, the food service segment holds the largest market share for commercial ice makers, accounting for 40%. This is likely due to the essential role of ice makers in restaurants, cafes, and other food service establishments.
• Regional Market Leader (APAC, 2028): In the Asia-Pacific region, China is expected to dominate the market with a value of $255.9 million by 2028. This leadership position can be linked to the large-scale industrial and commercial activities in China, coupled with growing hospitality and healthcare sectors.

(Reference: maximizemarketresearch.com)

What is a Portable Ice Maker?

The portable ice makers are specially designed cooling chamber system that helps in freezing water within a few minutes and can generate varying amounts of ice. The effective advantage of portable ice makers is that these devices don’t require any plumbing and installation process.

Benefits of Portable Ice Makers

• The portable ice makers allow for making faster ice than a freezer does.
• Enable in generating enough amount of ice for enjoying a party.
• People don’t have to worry about stinky ice as ice-like freezers as this portable ice is directly prepared from a self-contained machine.
• User can choose the size and shape of ice as their preference.
• This ice maker does not require any water line hookup.
• Lastly, the ice generated from portable ice makers is perfectly chewy.

Facts of Portable Ice Makers

• According to the PR by Global Newswire, the global market size of countertop ice dispensers is going to reach $491 million by the end of 2023 and the market growth is projected to reach at a CAGR of 6.3% from 2023 to 2033.
• In 2023, the market size of cooled ice makers was $1.86 billion and $3.03 billion by the end of 2033 with a CAGR of 5% in the forecast period.
• The global market size of under-counter ice maker markers is expected to value around $774.5 million by 2023 and $1,135.4 million by 2033 with a CAGR of 3.9% from 2023 to 2033.
• The global air-cooled cube ice maker market value is expected to be 41.68 billion by the end of 2023 and $3.63 billion by the end of 2033 with a CAGR of 8% from 2023 to 2033.
• Whereas, during the same forecasted period the global commercial ice makers market size is predicted to grow at a CAGR of 3.50%.
• Material used in the manufacturing of portable ice makers is metal, plastic, rubber, fiberglass, and others.

General Statistics

• According to MarkNtel Advisors reports, in 2023 an innovative countertop home ice maker was launched by Wintersmiths known as Juniper. This device can generate automatic clear bar-quality ice and within 24 hours it can produce 12 large clear spheres, 12 large clear cubes, and 96 small clear cubes.
• The portable ice maker market is expected to grow at a CAGR of 4.5% from 2023 to 2028.
• The leading key players of the portable ice makers are Euhomy, Houzz, Frigidaire, Vremi, Manitowoc, IKICH, Maxxlce, etc.
• According to the reports of Technovio, by the end of 2027, the North American region contributed a market share of 35%.
• In 2023 around the world, most portable ice makers were imported from China, the United States, and South Korea.
• The most portable ice makers export from the United States, India, and the Philippines

Portable Ice Marker Statistics by Type

• The industry is important segmented into Ice Cube Maker, Ice Flake Maker, Ice Nugget Maker, and others.
• The largest market share was achieved by the segment of portable ice cube makers accounting for more than 50% in 2023, which is expected to grow at a CAGR of 6.1% by 2029.
• Whereas, the segment of Ice Flake Maker is expected to reach a CAGR of 5.3% from 2023 to 2029.
• According to the reports of Global Newswire, in 2023 the global market share of Nugget Ice Maker is expected to reach up to 60% to 65%.
• Whereas, by the end of 2033 the market is supposed to be $133.9 million by 2033 and the market will grow at 5.16% from 2023 to 2033.
• The market of nugget ice maker market is increasing as 85% of North American people prefer drinking alcoholic beverages.

Portable Ice Marker Statistics by Application

• The portable ice maker market is segmented into food service, retail, healthcare, residential, etc.
• According to Maximize Market Research, the largest market share was accounted for by the food service segment with 36.84% in 2022.
• As of Cognitive Market Research, as of 2023, the food service segment is accounting for the largest market for commercial ice makers with a 40% share.
• From 2023 to 2030, in the ice maker market, the healthcare segment is expected to grow at a CAGR of 5.93%.

Statistics by Geography

(Source: technavio.com)

• According to the reports of Data Bridge Market Research analysis, the largest market share of the portable ice maker market in the North American region is expected to reach $831.35 million by the end of 2030.
• Whereas, the growth rate of the region is expected to reach a CAGR of 2.80% from 2023 to 2030.
• According to the reports of Technovio, by the end of 2027, the North American region contributed a market share of 35%.
• According to Data Bridge Market Research, by the end of 2029, the market valuation of portable ice makers in Europe is going to be $680.78 million
• As of KBV Research reports, the market growth is going to be 4.2% of CAGR from 2022 to 2028.
• According to the reports of Research and Market, the Asia Pacific portable ice market is going to grow at a CAGR of 5.4% from 2022 to 2028.
• In the region of APAC by the end of 2028, the China market is dominating with a market value of $255.9 million.
• The estimated market growth of Japan and India is expected to grow at a CAGR OF 4.8% and 6.1% respectively from 2022 to 2028.

Ice Maker Website Traffic by Country

(Source: similarweb.com)

• As of November 2023, Mexico had a 17.99% of total traffic on icemakers.com.au.
• Other countries contribution in total traffic are followed by the United States of America = 16.79% increased by 5.07%, Russia (16.56%), Australia = 15.01% (+10.11%), and Indonesia (11.68%)
• Furthermore, other countries collectively made total website traffic almost 21.96%.

Portable Ice Marker Statistics by Shipments

The global market for portable ice makers, as outlined in Volza’s Global Reports 2023, shows interesting trends in import and export activities. Key insights include:

Total Imports and Market Players:

• • Import Shipments: Worldwide, there were 728 shipments of portable ice makers.
  • Importers and Suppliers: These shipments involved 152 importers and 136 suppliers, indicating a diverse and global supply chain.

Leading Importing Countries:

• • United States: Dominates with 660 shipments, reflecting high consumer demand.
  • India: Imported 19 shipments, indicating a growing market.
  • Philippines: With 16 shipments, showing emerging market potential.

Primary Import Product Categories:

• • HSN Codes: The top categories are HSN Code 841869, HSN Code 950670, and HSN Code 84186910. These codes represent specific types of portable ice makers and their parts, highlighting the variety and specialization in the market.

Top Exporting Countries:

• • China: Leads with 678 shipments, showcasing its manufacturing strength.
  • United States: Exported 23 shipments, indicating both domestic demand and export capabilities.
  • South Korea: With 10 shipments, showing its role in the global market.

Major Export Product Categories:

• • HSN Codes: Similar to imports, the leading categories for exports are HSN Code 841869, HSN Code 84186910, and HSN Code 950670. This mirrors the import trends and reflects the global demand for these specific types of ice makers.

These points highlight the significant role of the United States and China in the portable ice maker market, both as major importers and exporters. The variety in HSN codes indicates a range of products being traded, catering to different market needs and specifications.

Best Portable Ice Maker Statistic by Rank

#1. Frigidaire EFIC189 Compact Ice Maker (overall best)

Features are 15*11*14.5 inches, generates 26 pounds of bullet size ice in 24 hours (1 glass of ice just in 10 minutes), and the cost of this device is $169 available at Amazon.  

(Source: travelandleisure.com)

#2. Free Village Ice Maker Machine for countertop (most durable)

Features are 13.9*9.5*13 inches, generates 26 pounds of bullet-size ice in 24 hours (for generating 9 pieces of ice the device takes 5-8 minutes), and cost$180 available at Amazon

(Source: travelandleisure.com)

#3. Silonn Countertop Ice Maker (Easiest to transport)

Features are 8.7*12.3*12.5 inches, generate 26 pounds of bullet-size ice in 24 hours (size and color of ice cubes are inconsistent), and cost $90 (Amazon) / $145 (Walmart).

(Source: travelandleisure.com)

#4. Igloo Electric Countertop Ice Maker Machine (easiest to use)

Features are 17.1*12.2*14.4 inches, generates 26 pounds of bullet size ice in 24 hours, and costs $130 at Amazon and $110 at Walmart.

(Source: travelandleisure.com)

#5. Koolatron Automatic Digital Control Ice Machine (most compact)

Features are 12.8*9*12.2 inches, generate 26 pounds of bullet ice in 24 hours, and cost $146 at Walmart and $186 at Wayfair.

(Source: travelandleisure.com)

Conclusion

As of today, after completing the article on Portable Ice Maker Statistics it can be said that the market is enhancing steadily around the world. The portable ice makers are the smallest and fastest icemakers available in the global market and they mostly generate bullet-shaped ice whose appearance is opaque and cloudy.

As of several report analyses by the end of 2023, the global valuation of the portable ice maker market is going to reach around $5.1 billion and is expected to grow more in the coming year. This article includes as many as possible statistics about the portable ice maker market, which I hope will help in understanding the topic effectively.

LG is already one of the most prolific EV battery manufacturers in the US, but it wants to build the devices that charge them, too. The company just opened just opened its first EV charger manufacturing facility in the US, a 59,000 square foot plant in in Fort Worth, Texas capable of manufacturing 10,000 units per year. 

The company has already started to assemble 11kW home-style chargers there and will begin producing 175kW fast chargers in the first half of 2024. It plans to built 350kW ultra-fast chargers at some point this year designed for “commercial travel and long-distance transportation,” LG wrote. 

The Korean company said it chose Texas as it had existing facilities there and because the state offers “excellent logistics and transportation networks and is home to major operations for companies in industries ranging from automobile manufacturing to finance” (GM, Toyota and Tesla all have vehicle assembly plants in the state). 

LG

LG said it’s committed to bolstering its EV charger business in Asia and Europe as well. The company, along with two partners, jumped into the game just two years ago, acquiring a South Korean EV battery charger business called AppleMango (since renamed to HiEV).

LG said at the time that the acquisition would allow it to “create synergy” with its EV battery business, along with products like energy storage and energy management systems. The company is also able to leverage its display expertise by marrying the chargers with “sturdy, dust- and water-proof” outdoor digital display units. 

The move also allows LG to capitalize on a US push to build more public EV chargers. The nation currently has 169,741 charging ports (either DC fast or Level 2) across 65,113 stations, according to the Joint Office of Energy and Transportation. However, the Biden administration wants at least 500,000 public chargers by 2030. “By establishing our EV charger production factory in Texas, we will be able to actively respond to the rapidly growing demand for EV infrastructure in the U.S.,” said LG Business Solution president Jand Ik-hwan. 

This article originally appeared on Engadget at https://www.engadget.com/lg-just-opened-its-first-ev-charger-manufacturing-plant-in-the-us-091542381.html?src=rss