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+98.8% CAGR of global magnetic refrigeration market increasing focus on green technology, 2017-2024 examined in new market research report

Consumer Market Research

Major Players operating in Global Magnetic Refrigeration Market are Cooltech Applications, Camfridge Ltd, Astronautics Corporation of America, Whirlpool Corporation, Qingdao Haier Co. Ltd., BASF SE.


The new report titled “Global Magnetic Refrigeration Market Make an Inquiry about this news accounted to USD 6 billion in 2016 growing at a CAGR of 98.8% during the forecast period of 2017 to 2024”, also the Global Magnetic Refrigeration Market, By Product{ refrigeration systems (Refrigerators, Cabinet Display Freezers, Beverage Coolers, Ice Cream Cabinets), Air Conditioning Systems (Stationary Air Conditioners, Mobile Air Conditioners, Chillers), Heat Pumps} By Application{ Domestic, Commercial, Transportation(Logistics, Automotive, Aerospace, Marine), Industrial(Food & Beverage Processing and Storage, Healthcare), By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024.

This report consists of below pages:

  • No of pages: 350
  • No of Figures: 60
  • No of Tables: 220

Get Free Sample Report @ databridgemarketresearch.com/reque…rigeration-market Make an Inquiry about this news

Report Definition:

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.