Global Coffee Machine Market By Type (Drip Coffee Machine, Steam Coffee Machine, and Others), By Application (Commercial coffee machine, Office coffee machine, and Others), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2019–2029

Coffee machines are the equipment or appliance used for brewing coffee. Coffee machines work on several brewing processes. The most common process is the one in which the machines use coffee beans, which are placed in a metal strainer inside the pipe. Coffee machines save the time of making coffee on the gas stove. Its application is household, office, and commercial consumption.

Several factors are driving the global coffee machine market. Consistent brewing results and ease of use and are some of the major factors driving global demand for coffee machines. Consumption of coffee continues to increase around the world. Rising disposable income, increasing youth population, and working-class are driving demand for coffee machines. Due to the development of capsule systems or coffee culture and coffee shops, the need for coffee machines is rapidly increasing. Various types of coffee machines are available in the market, which has promoted the development of the target market. The automatic coffee machines demand has increased significantly, which has contributed to the growth of the coffee machine market. Smart coffee machines with a Wi-Fi connection or Bluetooth are the latest trends in the global coffee machine market. The smart coffee machines are accessed via a smartphone, and users can control them anywhere in the house, as well as provide commands through the smartphone. Besides, people's increasing awareness of the health aids of coffee, such as reducing the risk of type 2 diabetes, liver cancer, and liver disease, and preventing heart failure, are expected to lead to large amounts of coffee. This is a factor expected to drive demand for coffee machines. However, high maintenance costs may hinder the target market.

The global coffee machine market can be segmented by product type, technology, end-use, and geographic location. According to the product type, the global coffee machine market can be subdivided into drip coffee machines, steam coffee machines, capsule coffee machines, etc. Capsule coffee machines demand continues to grow; it is expected to grow at a significant rate. The capsule coffee machines demand increasing due to advantages such as convenience, and longer life provided by capsule coffee machines. Based on technology, the global coffee machine market can be divided into semi-automatic coffee machines and fully automatic coffee machines. As technology continues to advance, the field of fully automatic coffee machines is expected to expand rapidly. Most companies on the market offer smart coffee machines that can be controlled from a smartphone by using a Wi-Fi connection. In terms of end-use, the market can be divided into commercial use and residential use.

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According to geographical location, the global coffee machine market can be subdivided into North America, Europe, Asia Pacific, the Middle East and Africa, and South America. The Asia-Pacific region is expected to dominate the market over the forecast period due to population growth, technological advancement, increased disposable income, and increased workplace numbers. Also, North America is expected to contribute to a huge market share. The target market consists of a large number of players.

The global coffee machine market segmentation based on the product, technology, end-use, and region:

Based On Product Type:

• Drip Coffee Machines
• Steam Coffee Machines
• Capsule Coffee Machines
• Other Product Types

Based On Technology:

• Semi-Automatic Coffee Machines
• Fully Automatic Coffee Machines

Based On End Use:

• Commercial Use
• Residential Use

Based On Region:

• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America

Some of the major market players are:

• De’Longhi S.P.A.
• Keurig Dr Pepper Inc.
• JURA Elektroapparate AG
• EVOCA S.P.A.
• LUIGI LAVAZZA S.P.A.
• Koninklijke Philips N.V
• BSH Home Appliances
• Rancilio Group S.P.A.
• Nestlé S.A.