Press release
Magnetic Refrigeration Market 2019-2023: Market Growth, Latest Trends and Demand Forecasts By Qingdao Haier, Basf Se, Eramet S.A., Samsung Electronics, Toshiba
Magnetic Refrigeration Market
Global Magnetic Refrigeration Market Overview:
According to market analysts, Global Magnetic Refrigeration Market is projected to grow at a 115.44% CAGR value from 2019 to 2023. Market analysts believe that in the next few years, Magnetic Refrigeration market size will be further expanded, we expect that by 2023, The market size of the Magnetic Refrigeration will reach 79 million $.
Sample Copy of “Global Magnetic Refrigeration Market” Report Available @ https://www.businessindustryreports.com/sample-request/137797 .
Magnetic refrigeration technology is used for cooling purpose, which is based on magnetocaloric effect. The technology is commonly used in refrigerators to achieve exceptionally low temperatures. Normally hydro fluorocarbons are used in the conventional refrigeration system. Magnetic refrigeration is quieter, safer, has a higher cooling efficiency, is more compact, and an environmental friendly when compared with the conventional gas-compression refrigeration.
Magnetic refrigeration offers environmental benefits and energy efficiency which is improving the refrigeration market in the developed countries. Growing concerns regarding ozone layer depletion and resulting strict guidelines that are imposed for the use of safe and environment-friendly refrigeration system may give rise to the magnetic refrigeration market growth.
The Magnetic Refrigeration Market is segmented based on Application, Product, and Regions. On the basis of application, the market is sub-segmented into industrial refrigeration, domestic refrigeration, health care, refrigerated transportation & logistics, food and beverages processing industries, and others. By product, the market is divided into beverages refrigeration, display cases, chillers, ice making machinery, air conditioning, heat pump, and others.
Regionally, Western Europe is expected to be the largest market for magnetic refrigeration in 2017. North America is likely to be the second largest magnetic refrigeration market, which is expected to be the fastest growing regional market, during the first half of the forecast period.
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Key Regions:
1 North America Country (United States, Canada)
2 South America
3 Asia Country (China, Japan, India, Korea)
4 Europe Country (Germany, UK, France, Italy)
5 Other Country (Middle East, Africa, GCC)
Top global key service provider companies covered in the study include:
1 Cooltech Applications
2 Camfridge Ltd
3 Astronautics Corporation Of America
4 Whirlpool Corporation
5 Qingdao Haier Co., Ltd
6 Basf Se
7 Eramet S.A. and More..
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Key Questions Answered in this Report:
1 How has the Magnetic Refrigeration market performed so far and how will it perform in the coming years?
2 What are the price trends of Magnetic Refrigeration?
3 What is the structure of the Magnetic Refrigeration industry and who are the key players?
4 Who are the key vendors in the global Magnetic Refrigeration market?
5 What are the latest market trends?
Table of Content:
1 Magnetic Refrigeration Definition
2 Global Magnetic Refrigeration Market Major Player Share and Market Overview
3 Major Player Magnetic Refrigeration Business Introduction
4 Global Magnetic Refrigeration Market Segmentation (Region Level)
5 Global Magnetic Refrigeration Market Segmentation (Type Level)
6 Global Magnetic Refrigeration Market Segmentation (Industry Level)
7 Global Magnetic Refrigeration Market Segmentation (Channel Level)
8 Magnetic Refrigeration Market Forecast 2019-2023
9 Magnetic Refrigeration Segmentation Type
10 Magnetic Refrigeration Segmentation Industry
11 Magnetic Refrigeration Cost Analysis
12 Conclusion
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