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Magnetic Refrigeration Market Future Trends and Growth to 2024: Global Research on Top Key Players (Cooltech Applications, Astronautics Corporation of America, Whirlpool Corporation, Haier Electronics, BASF, ERAMET, Samsung Electronics, Toshiba)
Press release from: Data Bridge Market Research
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 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.
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Top Key Players:
• Cooltech Applications
• Camfridge Ltd
• Astronautics Corporation of America
• Whirlpool Corporation
• Qingdao Haier Co. Ltd.
• BASF SE
• Eramet S.A.
• Samsung Electronics Co., Ltd
• Toshiba Corporation
• VACUUMSCHMELZE GMBH & CO. KG
• Sigma-Aldrich Corporation
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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.
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
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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
On the basis of Product:
• Refrigeration Systems
• Air Conditioning Systems
• Heat Pumps
The refrigeration systems are further segmented into:
• Cabinet Display Freezers
• Beverage Coolers
• Ice Cream Cabinets
The air conditioning systems are further segmented into:
• Stationary Air Conditioners
• Mobile Air Conditioners
On the basis of application:
• Residential Domestic
The transportation market is further segmented into:
On the basis of geography:
• North America
• South America
• Middle East & Africa.
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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.
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