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Magnetic Refrigeration Market to reach $17.493 million by 2019

<br>The magnetic refrigeration market is estimated to grow at a CAGR of 50.44% to reach US$202.757 million in 2025 from US$17.493 million in 2019. Magnetic refrigeration is a cooling technology based<br>on magnetocaloric effect that can be used to attain extremely low temperature in conventional refrigeration systems. Magnetocaloric effect is a phenomenon in which temperature of magnetocaloric <br>materials such as Gd, FeRh increases on experiencing a sharp fall while the magnetic field applied on the material is stopped instantly.

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Magnetic Refrigeration Market to reach $17.493 million by 2019

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  1. Magnetic Refrigeration Market Forecasts From 2020To 2025

  2. DESCRIPTION The magnetic refrigeration market is estimated to grow at a CAGR of 50.44% to reach US$202.757 million in 2025 from US$17.493 million in 2019. There has been a growing focus to reduce the global warming to below 2°C by 2100. In order to achieve this, approx. 200 countries recently agreed on dramatically reducing the reliance on climate change causing chemicals called hydrofluorocarbons (HFCs) in air conditioning and refrigeration. This refrigerant has a significantly higher potential to cause global warming in comparison to the use of carbon dioxide, thus, research and usage of greener alternatives has been gaining traction recently. Magnetic refrigeration has been witnessing rapid increase in its popularity and is considered an ideal replacement of conventional cooling and heating technology that is used in refrigerators and air conditioners. 

  3. Key Questions Answered By The Report • What will Magnetic Refrigeration Market from 2019 to 2024? • How are the major drivers and restraints affecting the Global Cargo Inspection Market • growth and the opportunities which exist for key vendors? • Which segment and region will drive or lead the market growth and why? • A comprehensive analysis of competitive landscape and key market participant’s behavior • Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth

  4. Geography • By Geography • Americas • Europe Middle East and Africa • Asia Pacific

  5. Segments Covered Under Global Storage • By Application • Refrigerator • Beverage Coolers • Display and Ice cream cabinets • Air Conditioning • By End-User • Residential • Commercial and Industrial

  6. Segments Covered Under Global Storage • By Device • Smartphones and Tablets • Personal Computers and Laptops • Smart Home Devices • Others • By End-User • Individuals • Small and Medium Enterprises • Large Enterprises

  7. COMPANY PROFILES • Ubiblue • Camfridge • BASF SE • VACUUMSCHMELZE GmbH & Co. KG • MagnoTherm Solution • CCS SA

  8. TO ORDER OR REQUEST FOR A SAMPLE: Magnetic Refrigeration Market– Forecasts from 2020 to 2025 Link https://www.knowledge-sourcing.com/report/magnetic-refrigeration-market Price: US$3, 950 – Single User License US$4, 550 – Multi User License US$6, 950– Enterprise License Payment:  To pay by Credit Card, please, click “Add to Cart” button on product page and proceed with payment.  For wire transfer, write to us at sales@knowledge-sourcing.com  For any custom requirements or queries, please visit our website or call us:  Website: www.knowledge-sourcing.com Phone: +1-850-250-1698

  9. Contact Us Address Knowledge Sourcing Intelligence LLPSuite 406, BSI Business ParkH-140, Sector 63 Noida, U.P. - 201301India Phone: +1-850-250-1698 Email info@knowledge-sourcing.com Visit us : https://www.knowledge-sourcing.com

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