NewsSemiconductors and Electronics

Magnetic Refrigeration Market Research Report to 2024: Cooltech Applications, Astronautics Corporation of America, Whirlpool Corporation, Haier Electronics, BASF, ERAMET, Samsung Electronics, Toshiba

"Global Magnetic Refrigeration Market" Report 2018 presents an in-depth assessment of the Magnetic Refrigeration Market including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. It provides a comprehensive overview of the market, its dynamics, structure, characteristics, main players, growth and demand drivers, etc.

Magnetic Refrigeration Market Report 2018 added by Data Bridge Market Research explores Global Magnetic Refrigeration Market size, share and growth with forecast to 2024.

Global Magnetic Refrigeration Market accounted to USD 6 billion in 2016 growing at a CAGR of 98.8% during the forecast period of 2017 to 2024.

Avail 10% Discount on Direct Purchase Kindly Send the Email @

Top Key Players:

  • Cooltech Applications
  • Camfridge Ltd
  • Astronautics Corporation of America
  • Whirlpool Corporation
  • Qingdao Haier Co. Ltd.
  • Eramet S.A.
  • Samsung Electronics Co., Ltd
  • Toshiba Corporation
  • Sigma-Aldrich Corporation
  • GE

Get Free Sample Report @

Report Definition:

Magnetic refrigeration is based on the principle of Magnetocaloric Effect (MCE). Magnetocaloric effect is a phenomenon where Magnetocaoric materials gets heated up when they are immersed in the magnetic field and cool down when removed from it, almost instantly. Magnetic refrigeration is safer, compact, and quieter and it is higher cooling efficient as compared to the traditional gas compression refrigeration. A series of the magnetization-demagnetization cycles to the magnecto caloric alloys is applied in a magnetic refrigeration system.

Competitive Analysis:

Global Magnetic Refrigeration Market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of flow cytometry market for global, Europe, North America, Asia Pacific and South America.

This report consists of below pages:

  • No of pages: 350
  • No of Figures: 60
  • No of Tables: 220

Read more about the Global Magnetic Refrigeration Market Visit @

Market Drivers and Restraints:

  • Low energy consumption by magnetic refrigeration systems
  • Alternative to air conditioners and heat pumps
  • Increasing focus on green technology
  • Low awareness
  • High cost of equipment

Market Segmentation:

On the basis of Product:

  • Refrigeration Systems
  • Air Conditioning Systems
  • Heat Pumps

The refrigeration systems are further segmented into:

  • Refrigerators
  • Cabinet Display Freezers
  • Beverage Coolers
  • Ice Cream Cabinets

The air conditioning systems are further segmented into:

  • Stationary Air Conditioners
  • Mobile Air Conditioners
  • Chillers

On the basis of application:

  • Residential Domestic
  • Commercial
  • Transportation
  • Industrial

The transportation market is further segmented into:

  • Logistics
  • Automotive
  • Aerospace
  • Marine

On the basis of geography:

  • North America
  • South America
  • Europe
  • Asia-Pacific
  • Middle East & Africa.

Inquiry before Buying about this Market Visit @

Key Reasons to Purchase:

  • To gain insightful analyses of the market and have comprehensive understanding of the Global Magnetic Refrigeration Market and its commercial landscape.
  • Assess the Magnetic Refrigeration production processes, major issues, and solutions to mitigate the development risk.
  • To understand the most affecting driving and restraining forces in the Magnetic Refrigeration Market and its impact in the Global market.
  • Learn about the market strategies that are being adopted by leading respective organizations.
  • To understand the future outlook and prospects for Global Magnetic Refrigeration Market.

About Data Bridge Market Research:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.


Data Bridge Market Research

Tel: +1-888-387-2818


Show More