According to Cognitive Market Research, The Global Snowmaking Machine Market size will be USD 2.2 billion in 2023 and is projected to experience an anticipated annual growth rate averaging 5.9% from 2023 to 2030.
Climate change-induced weather variability is spurring demand for advanced snowmaking machines at ski resorts and winter sports venues, offering consistent coverage and reliability in the face of uncertain natural snowfall.
The electrical category led the market in 2023.
The gas snowmaking machines segment is experiencing rapid growth.
North America will continue to lead and experience the strongest growth, whereas Asia Pacific is expected to be the most rapidly growing region in the forecast period.