Global Magnetic Refrigeration Market Growth 2023-2029

Global Magnetic Refrigeration Market Growth 2023-2029

Magnetic refrigeration technology is a solid state refrigeration method based on material property (magnetic thermal effect).

LPI (LP Information)' newest research report, the “Magnetic Refrigeration Industry Forecast” looks at past sales and reviews total world Magnetic Refrigeration sales in 2022, providing a comprehensive analysis by region and market sector of projected Magnetic Refrigeration sales for 2023 through 2029. With Magnetic Refrigeration sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Magnetic Refrigeration industry.

This Insight Report provides a comprehensive analysis of the global Magnetic Refrigeration landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Magnetic Refrigeration portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Magnetic Refrigeration market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Magnetic Refrigeration and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Magnetic Refrigeration.

The global Magnetic Refrigeration market size is projected to grow from US$ 8 million in 2022 to US$ 23 million in 2029; it is expected to grow at a CAGR of 23 from 2023 to 2029.

The magnetic refrigeration market in APAC is expected to grow at the highest rate during the forecast period.

This report presents a comprehensive overview, market shares, and growth opportunities of Magnetic Refrigeration market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Refrigeration Systems
Air Conditioning Systems
Heat Pumps

Segmentation by application
Home Use
Commercial
Transportation
Industrial

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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)

Key Questions Addressed in this Report

What is the 10-year outlook for the global Magnetic Refrigeration market?

What factors are driving Magnetic Refrigeration market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Magnetic Refrigeration market opportunities vary by end market size?

How does Magnetic Refrigeration break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.