The Global Magnetic Refrigeration Market size is expected to grow at an annual average of 96.3% during 2019-2025. Magnetic Refrigeration is based on the magnetocaloric effect (MCE) principle. The magnetocaloric effect is a phenomenon in which magnetocaloric substances heat up when immersed in a magnetic field and cool almost immediately when removed. Magnetic refrigeration is safer, more compact and quieter, and has higher cooling efficiency compared to conventional gas compression refrigeration. A series of magnetization-element cycles for magnetocaloric alloys are applied in magnetic refrigeration systems.
The following players are covered in this report:
By Product
- Refrigeration Systems
- Air Conditioning Systems
By Application
- Commercial
- Domestic
- Transportation
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
