Press release
Magnetic Refrigeration Market 2021 Share Valuation, Growth Factors, Size, Upcoming Trends, Business Development Strategies forecasting till 2027| Cooltech Applications (France), Camfridge (UK)
Market analysis and statistics are provided for market segments and sub-segments, regions, product types, and distribution channels in the Global Magnetic Refrigeration Market. The current state of the market and its future trends are investigated in this report.The study is on a global Magnetic Refrigeration market size. The research covers the Magnetic Refrigeration market from 2021 to 2027 and includes key vendor profiles, industry industrial developments, advanced trends, developing opportunities, and growth forecasts.
The global Magnetic Refrigeration market registers a compound annual growth rate (CAGR) of 105.6 % for the forecast period of 2021 to 2027
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The Following Top Vendors are evaluated are:
Cooltech Applications (France), Camfridge (UK), Astronautics Corporation of America (US), Whirlpool (US), Qingdao Haier (China), BASF (Germany), Eramet (France), Samsung Electronics (South Korea), Toshiba (Japan), VACUUMSCHMELZE (Germany)
Recent Developments
In January 2020, France Brevets, a French company serving the valuation and protection of high-potential technological innovations and the promotion of patents in Europe, launched its license program Kione for a series of patents specialized in magnetic refrigeration technology. The first company licensed as part of this new program was Ubiblue.
GE Appliances, a Haier company, and the Office of Energy & Renewable Energy (US) collaborated on a project to successfully harness the Magneto Caloric Effect (MCE) at the Oak Ridge National Laboratory (US). The project was initiated in June 2017 and is planned to finish by June 2020, with the outcome of achieving cooling through MCE. MCE has the potential to reduce energy consumption by 20–30% beyond vapor compression while also eliminating any risk of direct refrigerant emissions to the atmosphere.
Global Magnetic Refrigeration Market Report Segments:
Major Product Types of Magnetic Refrigeration Market Covered are
Refrigeration Systems
Air Conditioning Systems
Heat Pumps
Major Application of Magnetic Refrigeration Market covered are
Home Use
Commercial
Transportation
Industrial
Report link
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Regional Analysis
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of Global Magnetic Refrigeration Research Report 2021 Market these regions, covering: North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, etc.), Middle East & Africa (Saudi Arabia, Egypt, Nigeria and South Africa) and ROW.
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Detailed Analysis of Market Drivers, Restrictions, Opportunities, and Threats
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