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Magnetic Refrigeration - Market Analysis, Trends, and Forecasts

  • ID: 4845790
  • Report
  • October 2019
  • Region: Global
  • 105 pages
  • Global Industry Analysts, Inc
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FEATURED COMPANIES

  • Basf Se
  • Camfridge
  • Cooltech Applications Sas
  • Eramet Group
  • Milliporesigma
  • Qingdao Haier
  • MORE
The Magnetic Refrigeration market worldwide is projected to grow by US$61.6 Billion, driven by a compounded growth of 105%. Refrigeration Systems, one of the segments analyzed and sized in this study, displays the potential to grow at over 108.6%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$26.6 Billion by the year 2025, Refrigeration Systems will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 116.1% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$1.1 Billion to the region's size and clout in the next 5 to 6 years. Over US$2.7 Billion worth of projected demand in the region will come from the rest of the European markets. In Japan, Refrigeration Systems will reach a market size of US$1.7 Billion by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 99.4% over the next couple of years and add approximately US$9.2 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.

Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include:
  • 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
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Basf Se
  • Camfridge
  • Cooltech Applications Sas
  • Eramet Group
  • Milliporesigma
  • Qingdao Haier
  • MORE

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Global Competitor Market Shares

Magnetic Refrigeration Competitor Market Share Scenario Worldwide (in %): 2019 & 2025

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

TABLE 1: Magnetic Refrigeration Global Market Estimates and Forecasts in US$ Thousand by Region/Country: 2018-2025

TABLE 2: Magnetic Refrigeration Market Share Shift across Key Geographies Worldwide: 2019 VS 2025

TABLE 3: Refrigeration Systems (Product) World Market by Region/Country in US$ Thousand: 2018 to 2025

TABLE 4: Refrigeration Systems (Product) Market Share Breakdown of Worldwide Sales by Region/Country: 2019 VS 2025

TABLE 5: Air Conditioning Systems (Product) Potential Growth Markets Worldwide in US$ Thousand: 2018 to 2025

TABLE 6: Air Conditioning Systems (Product) Market Sales Breakdown by Region/Country in Percentage: 2019 VS 2025

TABLE 7: Heat Pumps (Product) Geographic Market Spread Worldwide in US$ Thousand: 2018 to 2025

TABLE 8: Heat Pumps (Product) Market Share Distribution in Percentage by Region/Country: 2019 VS 2025

TABLE 9: Domestic (Application) Demand Potential Worldwide in US$ Thousand by Region/Country: 2018-2025

TABLE 10: Domestic (Application) Share Breakdown Review by Region/Country: 2019 VS 2025

TABLE 11: Commercial (Application) Worldwide Latent Demand Forecasts in US$ Thousand by Region/Country: 2018-2025

TABLE 12: Commercial (Application) Distribution of Global Sales by Region/Country: 2019 VS 2025

TABLE 13: Transportation (Application) Sales Estimates and Forecasts in US$ Thousand by Region/Country for the Years 2018 through 2025

TABLE 14: Transportation (Application) Global Market Share Distribution by Region/Country for 2019 and 2025

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

Market Facts & Figures

US Magnetic Refrigeration Market Share (in %) by Company: 2019 & 2025

TABLE 15: United States Magnetic Refrigeration Market Estimates and Projections in US$ Thousand by Product: 2018 to 2025

TABLE 16: United States Magnetic Refrigeration Market Share Breakdown by Product: 2019 VS 2025

TABLE 17: United States Magnetic Refrigeration Latent Demand Forecasts in US$ Thousand by Application: 2018 to 2025

TABLE 18: Magnetic Refrigeration Market Share Breakdown in the United States by Application: 2019 VS 2025

CANADA

TABLE 19: Canadian Magnetic Refrigeration Market Estimates and Forecasts in US$ Thousand by Product: 2018 to 2025

TABLE 20: Magnetic Refrigeration Market in Canada: Percentage Share Breakdown of Sales by Product for 2019 and 2025

TABLE 21: Canadian Magnetic Refrigeration Market Quantitative Demand Analysis in US$ Thousand by Application: 2018 to 2025

TABLE 22: Canadian Magnetic Refrigeration Market Share Analysis by Application: 2019 VS 2025

JAPAN

TABLE 23: Japanese Market for Magnetic Refrigeration: Annual Sales Estimates and Projections in US$ Thousand by Product for the Period 2018-2025

TABLE 24: Japanese Magnetic Refrigeration Market Share Analysis by Product: 2019 VS 2025

TABLE 25: Japanese Demand Estimates and Forecasts for Magnetic Refrigeration in US$ Thousand by Application: 2018 to 2025

TABLE 26: Magnetic Refrigeration Market Share Shift in Japan by Application: 2019 VS 2025

CHINA

TABLE 27: Chinese Magnetic Refrigeration Market Growth Prospects in US$ Thousand by Product for the Period 2018-2025

TABLE 28: Chinese Magnetic Refrigeration Market by Product: Percentage Breakdown of Sales for 2019 and 2025

TABLE 29: Chinese Demand for Magnetic Refrigeration in US$ Thousand by Application: 2018 to 2025

TABLE 30: Chinese Magnetic Refrigeration Market Share Breakdown by Application: 2019 VS 2025

EUROPE

Market Facts & Figures

European Magnetic Refrigeration Market: Competitor Market Share Scenario (in %) for 2019 & 2025

TABLE 31: European Magnetic Refrigeration Market Demand Scenario in US$ Thousand by Region/Country: 2018-2025

TABLE 32: European Magnetic Refrigeration Market Share Shift by Region/Country: 2019 VS 2025

TABLE 33: European Magnetic Refrigeration Market Estimates and Forecasts in US$ Thousand by Product: 2018-2025

TABLE 34: European Magnetic Refrigeration Market Share Breakdown by Product: 2019 VS 2025

TABLE 35: European Magnetic Refrigeration Addressable Market Opportunity in US$ Thousand by Application: 2018-2025

TABLE 36: European Magnetic Refrigeration Market Share Analysis by Application: 2019 VS 2025

FRANCE

TABLE 37: Magnetic Refrigeration Market in France by Product: Estimates and Projections in US$ Thousand for the Period 2018-2025

TABLE 38: French Magnetic Refrigeration Market Share Analysis by Product: 2019 VS 2025

TABLE 39: Magnetic Refrigeration Quantitative Demand Analysis in France in US$ Thousand by Application: 2018-2025

TABLE 40: French Magnetic Refrigeration Market Share Analysis: A 7-Year Perspective by Application for 2019 and 2025

GERMANY

TABLE 41: Magnetic Refrigeration Market in Germany: Recent Past, Current and Future Analysis in US$ Thousand by Product for the Period 2018-2025

TABLE 42: German Magnetic Refrigeration Market Share Breakdown by Product: 2019 VS 2025

TABLE 43: Magnetic Refrigeration Market in Germany: Annual Sales Estimates and Forecasts in US$ Thousand by Application for the Period 2018-2025

TABLE 44: Magnetic Refrigeration Market Share Distribution in Germany by Application: 2019 VS 2025

ITALY

TABLE 45: Italian Magnetic Refrigeration Market Growth Prospects in US$ Thousand by Product for the Period 2018-2025

TABLE 46: Italian Magnetic Refrigeration Market by Product: Percentage Breakdown of Sales for 2019 and 2025

TABLE 47: Italian Demand for Magnetic Refrigeration in US$ Thousand by Application: 2018 to 2025

TABLE 48: Italian Magnetic Refrigeration Market Share Breakdown by Application: 2019 VS 2025

UNITED KINGDOM

TABLE 49: United Kingdom Market for Magnetic Refrigeration: Annual Sales Estimates and Projections in US$ Thousand by Product for the Period 2018-2025

TABLE 50: United Kingdom Magnetic Refrigeration Market Share Analysis by Product: 2019 VS 2025

TABLE 51: United Kingdom Demand Estimates and Forecasts for Magnetic Refrigeration in US$ Thousand by Application: 2018 to 2025

TABLE 52: Magnetic Refrigeration Market Share Shift in the United Kingdom by Application: 2019 VS 2025

REST OF EUROPE

TABLE 53: Rest of Europe Magnetic Refrigeration Market Estimates and Forecasts in US$ Thousand by Product: 2018-2025

TABLE 54: Rest of Europe Magnetic Refrigeration Market Share Breakdown by Product: 2019 VS 2025

TABLE 55: Rest of Europe Magnetic Refrigeration Addressable Market Opportunity in US$ Thousand by Application: 2018-2025

TABLE 56: Rest of Europe Magnetic Refrigeration Market Share Analysis by Application: 2019 VS 2025

ASIA-PACIFIC

TABLE 57: Magnetic Refrigeration Market in Asia-Pacific by Product: Estimates and Projections in US$ Thousand for the Period 2018-2025

TABLE 58: Asia-Pacific Magnetic Refrigeration Market Share Analysis by Product: 2019 VS 2025

TABLE 59: Magnetic Refrigeration Quantitative Demand Analysis in Asia-Pacific in US$ Thousand by Application: 2018-2025

TABLE 60: Asia-Pacific Magnetic Refrigeration Market Share Analysis: A 7-Year Perspective by Application for 2019 and 2025

REST OF WORLD

TABLE 61: Rest of World Magnetic Refrigeration Market Estimates and Forecasts in US$ Thousand by Product: 2018 to 2025

TABLE 62: Magnetic Refrigeration Market in Rest of World: Percentage Share Breakdown of Sales by Product for 2019 and 2025

TABLE 63: Rest of World Magnetic Refrigeration Market Quantitative Demand Analysis in US$ Thousand by Application: 2018 to 2025

TABLE 64: Rest of World Magnetic Refrigeration Market Share Analysis by Application: 2019 VS 2025

IV. COMPETITION

ASTRONAUTICS CORPORATION OF AMERICA

BASF SE

CAMFRIDGE

COOLTECH APPLICATIONS SAS

ERAMET GROUP

MILLIPORESIGMA

QINGDAO HAIER

SAMSUNG ELECTRONICS CO., LTD.

TOSHIBA CORPORATION

VACUUMSCHMELZE GMBH & CO. KG

WHIRLPOOL CORPORATION

V. CURATED RESEARCH

Note: Product cover images may vary from those shown
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  • Astronautics Corporation of America
  • Basf Se
  • Camfridge
  • Cooltech Applications Sas
  • Eramet Group
  • Milliporesigma
  • Qingdao Haier
  • Samsung Electronics Co., Ltd.
  • Toshiba Corporation
  • Vacuumschmelze GMBH & Co. Kg
  • Whirlpool Corporation
Note: Product cover images may vary from those shown
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