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Magnetic Refrigeration Systems - Global Strategic Business Report

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    Report

  • 182 Pages
  • April 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 4845790
The global market for Magnetic Refrigeration Systems is estimated at US$30.4 Million in 2023 and is projected to reach US$3.5 Billion by 2030, growing at a CAGR of 96.7% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Refrigeration Systems segment, which is expected to reach US$2 Billion by 2030 with a CAGR of a 100%. The Air Conditioning Systems segment is also set to grow at 94% CAGR over the next 7 years.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $11 Million in 2023, and China, forecasted to grow at an impressive 89.2% CAGR to reach $433.7 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Magnetic Refrigeration Systems Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Magnetic Refrigeration Systems Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Magnetic Refrigeration Systems Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as Astronautics Corporation of America, BASF SE, Camfridge Ltd., and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 18 Featured):

  • Astronautics Corporation of America
  • BASF SE
  • Camfridge Ltd.
  • Cooltech Applications SAS
  • Eramet Group
  • MilliporeSigma
  • Qingdao Haier Co., Ltd.
  • Samsung Electronics Co., Ltd.
  • Toshiba Corporation
  • Vacuumschmelze GmbH & Co. KG
  • Whirlpool Corporation

MarketGlass Platform

Our reports are enhanced by the MarketGlass platform, which brings together industry experts and influencers to provide high-quality, accurate insights. This unique platform allows us to gather comprehensive data and market perspectives, ensuring you receive the most reliable and detailed analysis available.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Magnetic Refrigeration Systems - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
  • Global Economic Update
2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Domestic by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ for Years 2023 through 2030 and % CAGR
  • Table 2: World 7-Year Perspective for Domestic by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
  • Table 3: World Recent Past, Current & Future Analysis for Commercial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ for Years 2023 through 2030 and % CAGR
  • Table 4: World 7-Year Perspective for Commercial by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for Transportation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ for Years 2023 through 2030 and % CAGR
  • Table 6: World 7-Year Perspective for Transportation by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
  • Table 7: World Magnetic Refrigeration Systems Market Analysis of Annual Sales in US$ for Years 2014 through 2030
  • Table 8: World Recent Past, Current & Future Analysis for Magnetic Refrigeration Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ for Years 2023 through 2030 and % CAGR
  • Table 9: World 7-Year Perspective for Magnetic Refrigeration Systems by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2024 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Refrigeration Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ for Years 2023 through 2030 and % CAGR
  • Table 11: World 7-Year Perspective for Refrigeration Systems by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
  • Table 12: World Recent Past, Current & Future Analysis for Air Conditioning Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ for Years 2023 through 2030 and % CAGR
  • Table 13: World 7-Year Perspective for Air Conditioning Systems by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
  • Table 14: World Recent Past, Current & Future Analysis for Heat Pumps by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ for Years 2023 through 2030 and % CAGR
  • Table 15: World 7-Year Perspective for Heat Pumps by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Industrial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ for Years 2023 through 2030 and % CAGR
  • Table 17: World 7-Year Perspective for Industrial by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Magnetic Refrigeration Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • Table 18: USA Recent Past, Current & Future Analysis for Magnetic Refrigeration Systems by Application - Commercial, Industrial, Transportation and Domestic - Independent Analysis of Annual Sales in US$ for the Years 2023 through 2030 and % CAGR
  • Table 19: USA 7-Year Perspective for Magnetic Refrigeration Systems by Application - Percentage Breakdown of Value Sales for Commercial, Industrial, Transportation and Domestic for the Years 2024 & 2030
  • Table 20: USA Recent Past, Current & Future Analysis for Magnetic Refrigeration Systems by System Type - Refrigeration Systems, Air Conditioning Systems and Heat Pumps - Independent Analysis of Annual Sales in US$ for the Years 2023 through 2030 and % CAGR
  • Table 21: USA 7-Year Perspective for Magnetic Refrigeration Systems by System Type - Percentage Breakdown of Value Sales for Refrigeration Systems, Air Conditioning Systems and Heat Pumps for the Years 2024 & 2030
CANADA
  • Table 22: Canada Recent Past, Current & Future Analysis for Magnetic Refrigeration Systems by Application - Commercial, Industrial, Transportation and Domestic - Independent Analysis of Annual Sales in US$ for the Years 2023 through 2030 and % CAGR
  • Table 23: Canada 7-Year Perspective for Magnetic Refrigeration Systems by Application - Percentage Breakdown of Value Sales for Commercial, Industrial, Transportation and Domestic for the Years 2024 & 2030
  • Table 24: Canada Recent Past, Current & Future Analysis for Magnetic Refrigeration Systems by System Type - Refrigeration Systems, Air Conditioning Systems and Heat Pumps - Independent Analysis of Annual Sales in US$ for the Years 2023 through 2030 and % CAGR
  • Table 25: Canada 7-Year Perspective for Magnetic Refrigeration Systems by System Type - Percentage Breakdown of Value Sales for Refrigeration Systems, Air Conditioning Systems and Heat Pumps for the Years 2024 & 2030
JAPAN
  • Magnetic Refrigeration Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
  • Table 26: Japan Recent Past, Current & Future Analysis for Magnetic Refrigeration Systems by Application - Commercial, Industrial, Transportation and Domestic - Independent Analysis of Annual Sales in US$ for the Years 2023 through 2030 and % CAGR
  • Table 27: Japan 7-Year Perspective for Magnetic Refrigeration Systems by Application - Percentage Breakdown of Value Sales for Commercial, Industrial, Transportation and Domestic for the Years 2024 & 2030
  • Table 28: Japan Recent Past, Current & Future Analysis for Magnetic Refrigeration Systems by System Type - Refrigeration Systems, Air Conditioning Systems and Heat Pumps - Independent Analysis of Annual Sales in US$ for the Years 2023 through 2030 and % CAGR
  • Table 29: Japan 7-Year Perspective for Magnetic Refrigeration Systems by System Type - Percentage Breakdown of Value Sales for Refrigeration Systems, Air Conditioning Systems and Heat Pumps for the Years 2024 & 2030
CHINA
  • Magnetic Refrigeration Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
  • Table 30: China Recent Past, Current & Future Analysis for Magnetic Refrigeration Systems by Application - Commercial, Industrial, Transportation and Domestic - Independent Analysis of Annual Sales in US$ for the Years 2023 through 2030 and % CAGR
  • Table 31: China 7-Year Perspective for Magnetic Refrigeration Systems by Application - Percentage Breakdown of Value Sales for Commercial, Industrial, Transportation and Domestic for the Years 2024 & 2030
  • Table 32: China Recent Past, Current & Future Analysis for Magnetic Refrigeration Systems by System Type - Refrigeration Systems, Air Conditioning Systems and Heat Pumps - Independent Analysis of Annual Sales in US$ for the Years 2023 through 2030 and % CAGR
  • Table 33: China 7-Year Perspective for Magnetic Refrigeration Systems by System Type - Percentage Breakdown of Value Sales for Refrigeration Systems, Air Conditioning Systems and Heat Pumps for the Years 2024 & 2030
EUROPE
  • Magnetic Refrigeration Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
  • Table 34: Europe Recent Past, Current & Future Analysis for Magnetic Refrigeration Systems by Application - Commercial, Industrial, Transportation and Domestic - Independent Analysis of Annual Sales in US$ for the Years 2023 through 2030 and % CAGR
  • Table 35: Europe 7-Year Perspective for Magnetic Refrigeration Systems by Application - Percentage Breakdown of Value Sales for Commercial, Industrial, Transportation and Domestic for the Years 2024 & 2030
  • Table 36: Europe Recent Past, Current & Future Analysis for Magnetic Refrigeration Systems by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ for Years 2023 through 2030 and % CAGR
  • Table 37: Europe 7-Year Perspective for Magnetic Refrigeration Systems by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2024 & 2030
  • Table 38: Europe Recent Past, Current & Future Analysis for Magnetic Refrigeration Systems by System Type - Refrigeration Systems, Air Conditioning Systems and Heat Pumps - Independent Analysis of Annual Sales in US$ for the Years 2023 through 2030 and % CAGR
  • Table 39: Europe 7-Year Perspective for Magnetic Refrigeration Systems by System Type - Percentage Breakdown of Value Sales for Refrigeration Systems, Air Conditioning Systems and Heat Pumps for the Years 2024 & 2030
FRANCE
  • Magnetic Refrigeration Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
  • Table 40: France Recent Past, Current & Future Analysis for Magnetic Refrigeration Systems by Application - Commercial, Industrial, Transportation and Domestic - Independent Analysis of Annual Sales in US$ for the Years 2023 through 2030 and % CAGR
  • Table 41: France 7-Year Perspective for Magnetic Refrigeration Systems by Application - Percentage Breakdown of Value Sales for Commercial, Industrial, Transportation and Domestic for the Years 2024 & 2030
  • Table 42: France Recent Past, Current & Future Analysis for Magnetic Refrigeration Systems by System Type - Refrigeration Systems, Air Conditioning Systems and Heat Pumps - Independent Analysis of Annual Sales in US$ for the Years 2023 through 2030 and % CAGR
  • Table 43: France 7-Year Perspective for Magnetic Refrigeration Systems by System Type - Percentage Breakdown of Value Sales for Refrigeration Systems, Air Conditioning Systems and Heat Pumps for the Years 2024 & 2030
GERMANY
  • Magnetic Refrigeration Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
  • Table 44: Germany Recent Past, Current & Future Analysis for Magnetic Refrigeration Systems by Application - Commercial, Industrial, Transportation and Domestic - Independent Analysis of Annual Sales in US$ for the Years 2023 through 2030 and % CAGR
  • Table 45: Germany 7-Year Perspective for Magnetic Refrigeration Systems by Application - Percentage Breakdown of Value Sales for Commercial, Industrial, Transportation and Domestic for the Years 2024 & 2030
  • Table 46: Germany Recent Past, Current & Future Analysis for Magnetic Refrigeration Systems by System Type - Refrigeration Systems, Air Conditioning Systems and Heat Pumps - Independent Analysis of Annual Sales in US$ for the Years 2023 through 2030 and % CAGR
  • Table 47: Germany 7-Year Perspective for Magnetic Refrigeration Systems by System Type - Percentage Breakdown of Value Sales for Refrigeration Systems, Air Conditioning Systems and Heat Pumps for the Years 2024 & 2030
ITALY
  • Table 48: Italy Recent Past, Current & Future Analysis for Magnetic Refrigeration Systems by Application - Commercial, Industrial, Transportation and Domestic - Independent Analysis of Annual Sales in US$ for the Years 2023 through 2030 and % CAGR
  • Table 49: Italy 7-Year Perspective for Magnetic Refrigeration Systems by Application - Percentage Breakdown of Value Sales for Commercial, Industrial, Transportation and Domestic for the Years 2024 & 2030
  • Table 50: Italy Recent Past, Current & Future Analysis for Magnetic Refrigeration Systems by System Type - Refrigeration Systems, Air Conditioning Systems and Heat Pumps - Independent Analysis of Annual Sales in US$ for the Years 2023 through 2030 and % CAGR
  • Table 51: Italy 7-Year Perspective for Magnetic Refrigeration Systems by System Type - Percentage Breakdown of Value Sales for Refrigeration Systems, Air Conditioning Systems and Heat Pumps for the Years 2024 & 2030
UNITED KINGDOM
  • Magnetic Refrigeration Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
  • Table 52: UK Recent Past, Current & Future Analysis for Magnetic Refrigeration Systems by Application - Commercial, Industrial, Transportation and Domestic - Independent Analysis of Annual Sales in US$ for the Years 2023 through 2030 and % CAGR
  • Table 53: UK 7-Year Perspective for Magnetic Refrigeration Systems by Application - Percentage Breakdown of Value Sales for Commercial, Industrial, Transportation and Domestic for the Years 2024 & 2030
  • Table 54: UK Recent Past, Current & Future Analysis for Magnetic Refrigeration Systems by System Type - Refrigeration Systems, Air Conditioning Systems and Heat Pumps - Independent Analysis of Annual Sales in US$ for the Years 2023 through 2030 and % CAGR
  • Table 55: UK 7-Year Perspective for Magnetic Refrigeration Systems by System Type - Percentage Breakdown of Value Sales for Refrigeration Systems, Air Conditioning Systems and Heat Pumps for the Years 2024 & 2030
REST OF EUROPE
  • Table 56: Rest of Europe Recent Past, Current & Future Analysis for Magnetic Refrigeration Systems by Application - Commercial, Industrial, Transportation and Domestic - Independent Analysis of Annual Sales in US$ for the Years 2023 through 2030 and % CAGR
  • Table 57: Rest of Europe 7-Year Perspective for Magnetic Refrigeration Systems by Application - Percentage Breakdown of Value Sales for Commercial, Industrial, Transportation and Domestic for the Years 2024 & 2030
  • Table 58: Rest of Europe Recent Past, Current & Future Analysis for Magnetic Refrigeration Systems by System Type - Refrigeration Systems, Air Conditioning Systems and Heat Pumps - Independent Analysis of Annual Sales in US$ for the Years 2023 through 2030 and % CAGR
  • Table 59: Rest of Europe 7-Year Perspective for Magnetic Refrigeration Systems by System Type - Percentage Breakdown of Value Sales for Refrigeration Systems, Air Conditioning Systems and Heat Pumps for the Years 2024 & 2030
ASIA-PACIFIC
  • Magnetic Refrigeration Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
  • Table 60: Asia-Pacific Recent Past, Current & Future Analysis for Magnetic Refrigeration Systems by Application - Commercial, Industrial, Transportation and Domestic - Independent Analysis of Annual Sales in US$ for the Years 2023 through 2030 and % CAGR
  • Table 61: Asia-Pacific 7-Year Perspective for Magnetic Refrigeration Systems by Application - Percentage Breakdown of Value Sales for Commercial, Industrial, Transportation and Domestic for the Years 2024 & 2030
  • Table 62: Asia-Pacific Recent Past, Current & Future Analysis for Magnetic Refrigeration Systems by System Type - Refrigeration Systems, Air Conditioning Systems and Heat Pumps - Independent Analysis of Annual Sales in US$ for the Years 2023 through 2030 and % CAGR
  • Table 63: Asia-Pacific 7-Year Perspective for Magnetic Refrigeration Systems by System Type - Percentage Breakdown of Value Sales for Refrigeration Systems, Air Conditioning Systems and Heat Pumps for the Years 2024 & 2030
REST OF WORLD
  • Table 64: Rest of World Recent Past, Current & Future Analysis for Magnetic Refrigeration Systems by Application - Commercial, Industrial, Transportation and Domestic - Independent Analysis of Annual Sales in US$ for the Years 2023 through 2030 and % CAGR
  • Table 65: Rest of World 7-Year Perspective for Magnetic Refrigeration Systems by Application - Percentage Breakdown of Value Sales for Commercial, Industrial, Transportation and Domestic for the Years 2024 & 2030
  • Table 66: Rest of World Recent Past, Current & Future Analysis for Magnetic Refrigeration Systems by System Type - Refrigeration Systems, Air Conditioning Systems and Heat Pumps - Independent Analysis of Annual Sales in US$ for the Years 2023 through 2030 and % CAGR
  • Table 67: Rest of World 7-Year Perspective for Magnetic Refrigeration Systems by System Type - Percentage Breakdown of Value Sales for Refrigeration Systems, Air Conditioning Systems and Heat Pumps for the Years 2024 & 2030
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Astronautics Corporation of America
  • BASF SE
  • Camfridge Ltd.
  • Cooltech Applications SAS
  • Eramet Group
  • MilliporeSigma
  • Qingdao Haier Co., Ltd.
  • Samsung Electronics Co., Ltd.
  • Toshiba Corporation
  • Vacuumschmelze GmbH & Co. KG
  • Whirlpool Corporation

Table Information