Magnetic Refrigeration Market

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MarketsandMarkets Presents
Magnetic Refrigeration Market (Product
Application) worth 315.7 Million USD by 2022

http//www.marketsandmarkets.com/Market-Reports/ma
gnetic-refrigeration-market-243034247.html
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According to a new market research report
"Magnetic Refrigeration Market by Product
(Refrigeration, Air conditioning, Heat pumps),
Application (Domestic, Commercial, Transportation
Industrial) Geography - Global forecast to
2020", the magnetic refrigeration market is
expected to reach USD 315.7 Million by 2022,
growing at a CAGR of 98.7 between 2017 and 2022.
http//www.marketsandmarkets.com/Market-Reports/
magnetic-refrigeration-market-243034247.html Bro
wse 66 Market Data Tables 66 Figures 153
pagesEarly buyers will receive 10 customization
on this report.
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gnetic-refrigeration-market-243034247.html
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Increasing concerns regarding the use of
refrigerants that are ozone depleting and have a
high global warming potential in refrigeration
and air conditioning systems are expected to
provide various growth opportunities for the
magnetic refrigeration market. A magnetic
refrigeration systems simple design, low
maintenance cost, green technology, and higher
energy efficiency are some of the attributes
which are likely to fuel the growth of the
magnetic refrigeration market in the coming
years. The magnetic refrigeration technology can
replace the conventional refrigeration systems
that are used in refrigerant based compressor
systems in all refrigeration and air conditioning
products such as refrigerators, cabinet displays,
freezers, beverage coolers, stationary portable
air conditioners, and heat pumps.   The overall
magnetic refrigeration market has been segmented
based on product, application, and geography. The
magnetic refrigeration market for commercial
applications is expected to grow at an estimated
CAGR of 82.7 between 2017 and 2022.
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gnetic-refrigeration-market-243034247.html
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Geographically, the magnetic refrigeration
market has been segmented into North America (the
U.S., Canada, and Mexico), Europe (Germany, the
U.K., France, Italy, and Spain), APAC (China,
Japan, India, South Korea, and Australia), South
America (Brazil, Argentina, and Others) and the
Rest of the world (Africa and the Middle East).
The European market for magnetic refrigeration is
expected to account for a market share of 52 in
2016 and is estimated to grow at a CAGR of 87.3
between 2017 and 2022. The studied market in the
APAC region is expected to grow at the highest
rate of 139.5 between 2017 and 2022.   Some of
the key players in the magnetic refrigeration
market include Cooltech Applications (France),
Camfridge Ltd (U.K.), Astronautics Corporation of
America (U.S), Whirlpool Corporation (U.S.),
General Electric CO. (U.S.), Qingdao Haier Co.,
Ltd (China), BASF SE (Germany), Eramet SA
(France), Sigma-Aldrich Corporation (U.S.),
Samsung Electronics Co., Ltd (South Korea), and
Toshiba Corporation (Japan).
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gnetic-refrigeration-market-243034247.html
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