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Magnetic Refrigeration Market by Product (Refrigeration, Air conditioning, Heat pumps), Application (Domestic, Commercial, Transportation & Industrial) & Geography - Global forecast to 2022

Magnetic Refrigeration Market by Product (Refrigeration, Air conditioning, Heat pumps), Application (Domestic, Commercial, Transportation & Industrial) & Geography - Global forecast to 2022

The magnetic refrigeration technology is expected to be commercialized by 2016. It is likely to emerge as a viable alternative for refrigerants which are ozone depleting and have a high global warming potential. This technology is expected to be commercialized first for commercial applications due to which the latter is expected to dominate the studied market. Industrial is another application after commercial that is expected to hold a major share as magnetic refrigeration is expected to be increasingly adopted in refrigerators, cabinet displays, freezers, beverage coolers, and ice-cream cabinets.

Industrial is one application where magnetic refrigeration is expected to grow significantly wherein, food & beverage processing & storage is expected to be major market for magnetic refrigeration in the industrial sector. Due to the ban on the use of refrigerants with a high GWP in the industrial sector, there is an increasing demand for an alternative which is environment-friendly and also has a long lifetime. Any ban or phase-out of refrigerants has the highest impact on the industrial segment as it consumes the largest amount of refrigerants than the other segments.
The magnetic refrigeration technology is also expected
to find application in air conditioning and heat pumps. It can be used in the air conditioning segment in both stationary and mobile air conditioners along with chillers.

This report includes the magnetic refrigeration market size and forecast from 2016 to 2022. The studied market is expected to reach USD 315.7 million by 2022, at an estimated CAGR of 98.7% between 2017 and 2022.

The report covers the magnetic refrigeration market segmented based on application into domestic, commercial, transportation, and industrial. It has also been segmented on the basis of geography into North America (U.S., Canada, and Mexico), Europe (U.K., Germany, and France, Italy, Spain, and others), APAC (China, Japan, India, South Korea, and others), South America (Brazil, Argentina, and Others) RoW (Middle East, Africa, and Others). The magnetic refrigeration market by product includes refrigeration, air conditioning, and heat pumps.

The report talks about the premium insights; different drivers, restraints, opportunities, and challenges that are likely to shape the magnetic refrigeration market along with the competitive landscape and company profiling of the top players. The players involved 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).


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • STUDY SCOPE
      • MARKETS COVERED
    • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • STAKEHOLDERS
    • LIMITATIONS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
    • MARKET BREAKDOWN AND DATA TRAINGULATION
    • MARKET SHARE ESTIMATION
      • KEY INDUSTRY INSIGHTS
      • REPORT ASSUMPTIONS
      • LIMITATION
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE MARKET OPPORTUNITIES IN THE GLOBAL MAGNETIC REFRIGERATION MARKET
    • MAGNETIC REFRIGERATION MARKET, BY APPLICATION
    • MAGNETIC REFRIGERATION MARKET, BY APPLICATION AND REGION
    • THE U.S. IS LIKELY TO ACCOUNT FOR A SHARE OF ~38% OF THE MAGNETIC REFRIGERATION MARKET GLOBALLY (2017)
    • MAGNETIC REFRIGERATION MARKET, BY PRODUCT
    • MAGNETIC REFRIGERATION TECHNOLOGY: LARGEST MARKET VS. THE FASTEST-GROWING MARKET
  • MARKET OVERVIEW
    • INTRODUCTION
    • EVOLUTION
    • MARKET SEGMENTATION
      • BY PRODUCT
      • BY APPLICATION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
      • BURNING ISSUES
      • WINNING IMPERATIVES
  • MAGNETIC REFRIGERATION MARKET, BY PRODUCT
    • INTRODUCTION
      • Table MAGNETIC REFRIGERATION MARKET, BY PRODUCT, 2016-2022 (USD MILLION)
    • REFRIGERATION
      • Table MAGNETIC REFRIGERATION MARKET FOR REFRIGERATION, 2016-2022 (USD MILLION)
    • REFRIGERATORS
    • CABINET DISPLAYS
    • FREEZERS
    • BEVERAGE COOLERS
    • ICE-CREAM CABINETS
      • Table MAGNETIC REFRIGERATION MARKET FOR REFRIGERATION, BY APPLICATION, 2016-2022, (USD MILLION)
      • Table MAGNETIC REFRIGERATION MARKET FOR REFRIGERATION, BY TRANSPORTATION APPLICATION, 2016-2022, (USD THOUSAND)
      • Table MAGNETIC REFRIGERATION MARKET FOR REFRIGERATION, BY INDUSTRIAL APPLICATION, 2016-2022, (USD MILLION)
    • AIR CONDITIONING
      • Table MAGNETIC REFRIGERATION MARKET FOR AIR CONDITIONING, 2016-2022, (USD MILLION)
    • STATIONARY AIR CONDITIONER
    • MOBILE AIR CONDITIONER
    • CHILLERS
      • Table MAGNETIC REFRIGERATION MARKET FOR AIR CONDITIONER, BY APPLICATION, 2016-2022, (USD THOUSAND)
      • Table MAGNETIC REFRIGERATION MARKET FOR AIR CONDITIONER, BY TRANSPORTATION APPLICATION, 2016-2022 (USD THOUSAND)
      • Table MAGNETIC REFRIGERATION MARKET FOR AIR CONDITIONER, BY INDUSTRIAL APPLICATION, 2016-2022 (USD THOUSAND)
    • HEAT PUMPS
      • Table MAGNETIC REFRIGERATION MARKET FOR HEAT PUMPS, BY APPLICATION, 2016-2022 (USD THOUSAND)
      • Table MAGNETIC REFRIGERATION MARKET FOR HEAT PUMPS, BY TRANSPORTATION APPLICATION, 2016-2022, (USD THOUSAND)
      • Table MAGNETIC REFRIGERATION MARKET FOR HEAT PUMPS, BY INDUSTRIAL APPLICATION, 2016-2022, (USD THOUSAND)
  • MAGNETIC REFRIGERATION MARKET, BY APPLICATION
    • INTRODUCTION
      • Table MAGNETIC REFRIGERATION MARKET, BY APPLICATION, 2016-2022 (USD MILLION)
    • DOMESTIC APPLICATION
      • Table MAGNETIC REFRIGERATION MARKET FOR DOMESTIC APPLICATION, BY PRODUCT, 2016-2022 (USD THOUSAND)
      • Table MAGNETIC REFRIGERATION MARKET FOR DOMESTIC, BY REGION, 2016-2022 (USD THOUSAND)
    • COMMERCIAL APPLICATION
      • Table MAGNETIC REFRIGERATION MARKET FOR COMMERCIAL, BY PRODUCT, 2016-2022 (USD MILLION)
      • Table MAGNETIC REFRIGERATION MARKET FOR COMMERCIAL, BY REGION, 2016-2022 (USD MILLION)
    • TRANSPORTATION
      • Table MAGNETIC REFRIGERATION MARKET, BY TRANSPORTATION APPLICATION, 2016-2022 (USD THOUSAND)
      • Table MAGNETIC REFRIGERATION MARKET FOR TRANSPORTATION, BY PRODUCT, 2016-2022 (USD THOUSAND)
      • Table MAGNETIC REFRIGERATION MARKET FOR TRANSPORTATION, BY REGION, 2016-2022 (USD THOUSAND)
    • LOGISTICS
      • Table MAGNETIC REFRIGERATION MARKET FOR LOGISTICS, BY PRODUCT, 2016-2022 (USD THOUSAND)
      • Table MAGNETIC REFRIGERATION MARKET FOR LOGISTICS, BY REGION, 2016-2022 (USD THOUSAND)
    • AUTOMOTIVE APPLICATION
      • Table MAGNETIC REFRIGERATION MARKET FOR AUTOMOTIVE APPLICATION, BY PRODUCT, 2016-2022 (USD THOUSAND)
      • Table MAGNETIC REFRIGERATION MARKET FOR AUTOMOTIVE APPLICATION, BY REGION, 2016-2022 (USD THOUSAND)
    • AEROSPACE APPLICATION
      • Table MAGNETIC REFRIGERATION MARKET FOR AEROSPACE, BY PRODUCT, 2016-2022 (USD THOUSAND)
      • Table MAGNETIC REFRIGERATION MARKET FOR AEROSPACE APPLICATION, BY REGION, 2016-2022 (USD THOUSAND)
    • MARINE APPLICATION
      • Table MAGNETIC REFRIGERATION MARKET FOR MARINE APPLICATION, BY PRODUCT, 2016-2022 (USD THOUSAND)
      • Table MAGNETIC REFRIGERATION MARKET FOR MARINE APPLICATION, BY REGION, 2016-2022 (USD THOUSAND)
    • INDUSTRIAL APPLICATION
      • Table MAGNETIC REFRIGERATION MARKET, BY INDUSTRIAL APPLICATION, 2016-2022 (USD THOUSAND)
      • Table MAGNETIC REFRIGERATION MARKET FOR INDUSTRIAL APPLICATION, BY PRODUCT, 2016-2022 (USD THOUSAND)
      • Table MAGNETIC REFRIGERATION MARKET FOR INDUSTRIAL APPLICATION, BY REGION, 2016-2022 (USD THOUSAND)
    • FOOD & BEVERAGE PROCESSING & STORAGE
      • Table MAGNETIC REFRIGERATION MARKET FOR FOOD & BEVERAGE PROCESSING & STORAGE APPLICATION, BY PRODUCT, 2016-2022 (USD THOUSAND)
      • Table MAGNETIC REFRIGERATION MARKET FOR FOOD & BEVERAGE PROCESSING & STORAGE APPLICATION, BY REGION, 2016-2022 (USD THOUSAND)
    • HEALTHCARE APPLICATION
      • Table MAGNETIC REFRIGERATION MARKET FOR HEALTHCARE APPLICATION, BY PRODUCT, 2016-2022 (USD THOUSAND)
      • Table MAGNETIC REFRIGERATION MARKET FOR HEALTHCARE APPLICATION, BY REGION, 2016-2022 (USD THOUSAND)
  • GEOGRAPHIC ANALYSIS
    • INTRODUCTION
      • Table MAGNETIC REFRIGERATION MARKET, BY GEOGRAPHY, 2016-2022 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICAN MAGNETIC REFRIGERATION MARKET, 2016-2022 (USD MILLION)
      • Table NORTH AMERICA MAGNETIC REFRIGERATION MARKET, BY PRODUCT, 2016-2022 (USD MILLION)
      • Table NORTH AMERICA MAGNETIC REFRIGERATION MARKET, BY APPLICATION, 2016-2022 (USD THOUSAND)
      • Table NORTH AMERICA MAGNETIC REFRIGERATION MARKET, BY TRANSPORTATION APPLICATION, 2016-2022 (USD THOUSAND)
      • Table NORTH AMERICA MAGNETIC REFRIGERATION MARKET, BY INDUSTRIAL APPLICATION, 2016-2022 (USD THOUSAND)
    • SOUTH AMERICA
      • Table SOUTH AMERICAN MAGNETIC REFRIGERATION MARKET, 2016-2022, (USD MILLION)
      • Table SOUTH AMERICAN MAGNETIC REFRIGERATION MARKET, BY PRODUCT, 2016-2022, (USD THOUSAND)
      • Table SOUTH AMERICAN MAGNETIC REFRIGERATION MARKET, BY APPLICATION, 2016-2022, (USD THOUSAND)
      • Table SOUTH AMERICAN MAGNETIC REFRIGERATION MARKET, BY TRANSPORTATION APPLICATION, 2016-2022, (USD THOUSAND)
      • Table SOUTH AMERICAN MAGNETIC REFRIGERATION MARKET, BY INDUSTRIAL APPLICATION, 2016-2022, (USD THOUSAND)
    • EUROPE
      • Table EUROPE MAGNETIC REFRIGERATION MARKET, 2016-2022 (USD MILLION)
      • Table EUROPEAN MAGNETIC REFRIGERATION MARKET, BY PRODUCT, 2016-2022 (USD MILLION)
      • Table EUROPEAN MAGNETIC REFRIGERATION MARKET, BY APPLICATION, 2016-2022 (USD MILLION)
      • Table EUROPEAN MAGNETIC REFRIGERATION MARKET, BY TRANSPORTATION APPLICATION, 2016-2022 (USD THOUSAND)
      • Table EUROPEAN MAGNETIC REFRIGERATION MARKET, BY INDUSTRIAL APPLICATION, 2016-2022 (USD THOUSAND)
    • ASIA-PACIFIC
      • Table ASIA-PACIFIC MAGNETIC REFRIGERATION MARKET, 2016-2022 (USD MILLION)
      • Table ASIA-PACIFIC MAGNETIC REFRIGERATION MARKET, BY PRODUCT, 2016-2022 (USD MILLION)
      • Table ASIA-PACIFIC MAGNETIC REFRIGERATION MARKET, BY APPLICATION, 2016-2022 (USD THOUSAND)
      • Table ASIA-PACIFIC MAGNETIC REFRIGERATION MARKET, BY TRANSPORTATION APPLICATION, 2016-2022 (USD THOUSAND)
      • Table ASIA-PACIFIC MAGNETIC REFRIGERATION MARKET, BY INDUSTRIAL APPLICATION, 2016-2022 (USD THOUSAND)
    • REST OF THE WORLD
      • Table REST OF THE WORLD REFRIGERATION MARKET, 2016-2022 (USD MILLION)
      • Table REST OF THE WORLD REFRIGERATION MARKET, BY PRODUCT, 2016-2022 (USD THOUSAND)
      • Table REST OF THE WORLD REFRIGERATION MARKET, BY APPLICATION, 2016-2022 (USD THOUSAND)
      • Table REST OF THE WORLD REFRIGERATION MARKET, BY TRANSPORTATION APPLICATION, 2016-2022 (USD THOUSAND)
      • Table REST OF THE WORLD REFRIGERATION MARKET, BY INDUSTRIAL APPLICATION, 2016-2022 (USD THOUSAND)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET SHARE ANALYSIS OF THE MAGNETIC REFRIGERATION MARKET
      • Table KEY PLAYERS RANK (2014)
    • COMPETITIVE SITUATIONS AND TRENDS
    • NEW PRODUCT LAUNCHES
      • Table NEW PRODUCT LAUNCHES, 2011-2015
    • PARTNERSHIPS AND COLLABORATIONS
      • Table PARTNERSHIPS AND COLLABORATIONS, 2011-2015
    • EXPANSION
      • Table EXPANSION, 2011-2015
    • MERGERS AND ACQUISITIONS
      • Table MERGERS AND ACQUISITIONS, 2011-2015
  • COMPANY PROFILES
    • INTRODUCTION
      • COOLTECH APPLICATIONS
      • CAMFRIDGE LTD
      • ASTRONAUTICS CORPORATION OF AMERICA
      • WHIRLPOOL CORPORATION
      • GENERAL ELECTRIC CO.
      • QINGDAO HAIER CO., LTD
      • BASF SE
      • ERAMET SA
      • SIGMA-ALDRICH CORPORATION
      • SAMSUNG ELECTRONICS CO., LTD
      • TOSHIBA CORORATION
  • APPENDIX
    • INSIGHTS FROM INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATION
    • RELATED REPORTS

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