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Global Magnetic Refrigeration Market, by Application – Industrial Refrigeration, Domestic Refrigeration, Commercial Refrigeration, Refrigerated Transportation & Logistics, Food & Beverages Processing, Automotive HVAC, Healthcare, Others

07-23-2019 08:50 PM CET | Industry, Real Estate & Construction

Press release from: QUINCE MARKET INSIGHTS

QMI

QMI

Global magnetic refrigeration market has been witnessing growth, owing to several advantages, such as higher efficiency, lower cost, broad temperature range, environmental sustainability, and higher product lifecycle over conventional refrigeration. Increasing environmental concerns over the impact of conventional refrigerants are fueling the demand for alternate refrigeration technologies.

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Magnetic refrigeration technology is utilized for cooling purpose using the magnetocaloric effect, also called adiabatic demagnetization. The innovation is regularly utilized in refrigerators to accomplish outstandingly low temperatures. Magnetic refrigeration does not use hydrofluorocarbons, which are generally harmful and ozone-depleting coolant gases.
Magnetic refrigeration is used in a number of applications. Its application in automotive HVAC, commercial refrigeration, and refrigerated transportation and logistics has a huge demand and hence, is expected to drive the magnetic refrigeration market during the forecast period.

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The upcoming report from Quince Market Insights focuses on these key impact factors influencing the market, along with identifying major segments and companies operating in the market. The study is designed to provide a holistic view with a broad scope covering every possible segment influencing the demand for magnetic refrigeration.

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Major companies operating in the global magnetic refrigeration market:

• Whirlpool Corporation
• Toshiba
• Astronautics Corporation of America
• Samsung Electronics
• General Electric
• BASF
• Camfridge
• Eramet
• Haier

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Market segmentation of the global magnetic refrigeration market:

By Type:

• Refrigerators
• Heat Pumps
• Air Conditioning Systems

By Application:

• Industrial Refrigeration
• Domestic Refrigeration
• Commercial Refrigeration
• Refrigerated Transportation & Logistics
• Food & Beverages Processing
• Automotive HVAC
• Healthcare
• Others

This upcoming study will be published shortly with a focus on key stakeholders in the market. Regions covered in the study include North America, Asia Pacific, Western Europe, Eastern Europe, Middle East, and Rest of the World.

Contact:

Quince Market Insights
Pune - 411028
Email: sales@quincemarketinsights.com
Website: https://quincemarketinsights.com/
Phone: + 91-2026992033

About Quince Market Insights:

Quince Market Insights is a global market research and consulting company publishing syndicate studies as well as consulting assignments pertaining to market opportunities that promise high growth in the future. The company also provides information on different research practices such as competitive analysis, product mapping, value chain analysis, etc., assisting clients in strategic decision-making.

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