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  5. > Magnetic Refrigeration Market by Product, Application & 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).

Table Of Contents

Magnetic Refrigeration Market by Product, Application and Geography - Global forecast to 2022
TABLE OF CONTENTS

1 INTRODUCTION 15
1.1 OBJECTIVES OF THE STUDY 15
1.2 MARKET DEFINITION 15
1.3 STUDY SCOPE 16
1.3.1 MARKETS COVERED 16
1.4 YEARS CONSIDERED FOR THE STUDY 17
1.5 CURRENCY 17
1.6 STAKEHOLDERS 17
1.7 LIMITATIONS 17
2 RESEARCH METHODOLOGY 18
2.1 RESEARCH DATA 18
2.1.1 SECONDARY DATA 19
2.1.1.1 Key data from secondary sources 19
2.1.2 PRIMARY DATA 19
2.1.2.1 Key data from primary source 20
2.2 MARKET SIZE ESTIMATION 21
2.3 MARKET BREAKDOWN AND DATA TRAINGULATION 23
2.4 MARKET SHARE ESTIMATION 23
2.4.1 KEY INDUSTRY INSIGHTS 24
2.4.2 REPORT ASSUMPTIONS 24
2.4.3 LIMITATION 24
3 EXECUTIVE SUMMARY 25
4 PREMIUM INSIGHTS 29
4.1 ATTRACTIVE MARKET OPPORTUNITIES IN THE GLOBAL MAGNETIC REFRIGERATION MARKET 29
4.2 MAGNETIC REFRIGERATION MARKET, BY APPLICATION 30
4.3 MAGNETIC REFRIGERATION MARKET, BY APPLICATION AND REGION 31
4.4 THE U.S. IS LIKELY TO ACCOUNT FOR A SHARE OF ~38% OF THE MAGNETIC REFRIGERATION MARKET GLOBALLY (2017) 32
4.5 MAGNETIC REFRIGERATION MARKET, BY PRODUCT 33
4.6 MAGNETIC REFRIGERATION TECHNOLOGY: LARGEST MARKET VS. THE FASTEST-GROWING MARKET 33
5 MARKET OVERVIEW 34
5.1 INTRODUCTION 35
5.2 EVOLUTION 35
5.3 MARKET SEGMENTATION 36
5.3.1 BY PRODUCT 36
5.3.2 BY APPLICATION 36
5.4 MARKET DYNAMICS 37
5.4.1 DRIVERS 37
5.4.1.1 Increasing focus on green technology 37
5.4.1.2 Low maintenance cost 38
5.4.1.3 High energy efficiency 38
5.4.2 RESTRAINTS 38
5.4.2.1 Initial investment is high 38
5.4.2.2 Permanent magnets have a limited field strength 39
5.4.3 OPPORTUNITIES 39
5.4.3.1 Adoption of magnetic refrigeration in the transportation sector 39
5.4.3.2 High potential in the industrial sector 39
5.4.4 CHALLENGES 40
5.4.4.1 Need for suitable magnetocaloric materials 40
5.4.5 BURNING ISSUES 40
5.4.5.1 Moving machines need high precision 40
5.4.6 WINNING IMPERATIVES 40
5.4.6.1 Compact design for portable applications 40
6 MAGNETIC REFRIGERATION MARKET, BY PRODUCT 41
6.1 INTRODUCTION 42
6.2 REFRIGERATION 43
6.3 REFRIGERATORS 44
6.4 CABINET DISPLAYS 44
6.5 FREEZERS 44
6.6 BEVERAGE COOLERS 45
6.7 ICE-CREAM CABINETS 45
6.8 AIR CONDITIONING 47
6.9 STATIONARY AIR CONDITIONER 48
6.10 MOBILE AIR CONDITIONER 48
6.11 CHILLERS 48
6.12 HEAT PUMPS 51
7 MAGNETIC REFRIGERATION MARKET, BY APPLICATION 54
7.1 INTRODUCTION 55
7.2 DOMESTIC APPLICATION 56
7.3 COMMERCIAL APPLICATION 58
7.4 TRANSPORTATION 59
7.5 LOGISTICS 61
7.6 AUTOMOTIVE APPLICATION 63
7.7 AEROSPACE APPLICATION 64
7.8 MARINE APPLICATION 65
7.9 INDUSTRIAL APPLICATION 66
7.10 FOOD and BEVERAGE PROCESSING and STORAGE 68
7.11 HEALTHCARE APPLICATION 69
8 GEOGRAPHIC ANALYSIS 71
8.1 INTRODUCTION 72
8.2 NORTH AMERICA 74
8.3 SOUTH AMERICA 79
8.4 EUROPE 82
8.5 ASIA-PACIFIC 86
8.6 REST OF THE WORLD 91
9 COMPETITIVE LANDSCAPE 95
9.1 OVERVIEW 95
9.2 MARKET SHARE ANALYSIS OF THE MAGNETIC REFRIGERATION MARKET 96
9.3 COMPETITIVE SITUATIONS AND TRENDS 97
9.4 NEW PRODUCT LAUNCHES 98
9.5 PARTNERSHIPS AND COLLABORATIONS 99
9.6 EXPANSION 100
9.7 MERGERS AND ACQUISITIONS 100
10 COMPANY PROFILES 101
10.1 INTRODUCTION 101
(Overview, Products and Services, Financials, Strategy and Development)*
10.1.1 COOLTECH APPLICATIONS 103
10.1.2 CAMFRIDGE LTD 105
10.1.3 ASTRONAUTICS CORPORATION OF AMERICA 107
10.1.4 WHIRLPOOL CORPORATION 109
10.1.5 GENERAL ELECTRIC CO. 112
10.1.6 QINGDAO HAIER CO., LTD 117
10.1.7 BASF SE 119
10.1.8 ERAMET SA 124
10.1.9 SIGMA-ALDRICH CORPORATION 126
10.1.10 SAMSUNG ELECTRONICS CO., LTD 130
10.1.11 TOSHIBA CORORATION 134
*Details on Overview, Products and Services, Financials, Strategy and Development might not be Captured in case of Unlisted Companies.
11 APPENDIX 137
11.1 INSIGHTS FROM INDUSTRY EXPERTS 137
11.2 DISCUSSION GUIDE 138
11.3 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE 140
11.4 AVAILABLE CUSTOMIZATION 141
11.5 RELATED REPORTS 141


LIST OF TABLES

TABLE 1 MAGNETIC REFRIGERATION MARKET, BY PRODUCT, 2016-2022 (USD MILLION) 43
TABLE 2 MAGNETIC REFRIGERATION MARKET FOR REFRIGERATION,
2016-2022 (USD MILLION) 44
TABLE 3 MAGNETIC REFRIGERATION MARKET FOR REFRIGERATION, BY APPLICATION,
2016-2022, (USD MILLION) 45
TABLE 4 MAGNETIC REFRIGERATION MARKET FOR REFRIGERATION, BY TRANSPORTATION APPLICATION, 2016-2022, (USD THOUSAND) 46
TABLE 5 MAGNETIC REFRIGERATION MARKET FOR REFRIGERATION, BY INDUSTRIAL APPLICATION, 2016-2022, (USD MILLION) 46
TABLE 6 MAGNETIC REFRIGERATION MARKET FOR AIR CONDITIONING,
2016-2022, (USD MILLION) 47
TABLE 7 MAGNETIC REFRIGERATION MARKET FOR AIR CONDITIONER, BY APPLICATION,
2016-2022, (USD THOUSAND) 49
TABLE 8 MAGNETIC REFRIGERATION MARKET FOR AIR CONDITIONER, BY TRANSPORTATION APPLICATION, 2016-2022 (USD THOUSAND) 49
TABLE 9 MAGNETIC REFRIGERATION MARKET FOR AIR CONDITIONER, BY INDUSTRIAL APPLICATION, 2016-2022 (USD THOUSAND) 50
TABLE 10 MAGNETIC REFRIGERATION MARKET FOR HEAT PUMPS, BY APPLICATION,
2016-2022 (USD THOUSAND) 51
TABLE 11 MAGNETIC REFRIGERATION MARKET FOR HEAT PUMPS, BY TRANSPORTATION APPLICATION, 2016-2022, (USD THOUSAND) 52
TABLE 12 MAGNETIC REFRIGERATION MARKET FOR HEAT PUMPS, BY INDUSTRIAL APPLICATION, 2016-2022, (USD THOUSAND) 53
TABLE 13 MAGNETIC REFRIGERATION MARKET, BY APPLICATION,
2016-2022 (USD MILLION) 56
TABLE 14 MAGNETIC REFRIGERATION MARKET FOR DOMESTIC APPLICATION, BY PRODUCT, 2016-2022 (USD THOUSAND) 57
TABLE 15 MAGNETIC REFRIGERATION MARKET FOR DOMESTIC, BY REGION,
2016-2022 (USD THOUSAND) 57
TABLE 16 MAGNETIC REFRIGERATION MARKET FOR COMMERCIAL, BY PRODUCT,
2016-2022 (USD MILLION) 58
TABLE 17 MAGNETIC REFRIGERATION MARKET FOR COMMERCIAL, BY REGION,
2016-2022 (USD MILLION) 59
TABLE 18 MAGNETIC REFRIGERATION MARKET, BY TRANSPORTATION APPLICATION,
2016-2022 (USD THOUSAND) 59
TABLE 19 MAGNETIC REFRIGERATION MARKET FOR TRANSPORTATION, BY PRODUCT,
2016-2022 (USD THOUSAND) 60
TABLE 20 MAGNETIC REFRIGERATION MARKET FOR TRANSPORTATION, BY REGION,
2016-2022 (USD THOUSAND) 61
TABLE 21 MAGNETIC REFRIGERATION MARKET FOR LOGISTICS, BY PRODUCT,
2016-2022 (USD THOUSAND) 61
TABLE 22 MAGNETIC REFRIGERATION MARKET FOR LOGISTICS, BY REGION,
2016-2022 (USD THOUSAND) 62
TABLE 23 MAGNETIC REFRIGERATION MARKET FOR AUTOMOTIVE APPLICATION,
BY PRODUCT, 2016-2022 (USD THOUSAND) 63
TABLE 24 MAGNETIC REFRIGERATION MARKET FOR AUTOMOTIVE APPLICATION, BY REGION, 2016-2022 (USD THOUSAND) 63
TABLE 25 MAGNETIC REFRIGERATION MARKET FOR AEROSPACE, BY PRODUCT,
2016-2022 (USD THOUSAND) 64
TABLE 26 MAGNETIC REFRIGERATION MARKET FOR AEROSPACE APPLICATION, BY REGION, 2016-2022 (USD THOUSAND) 65
TABLE 27 MAGNETIC REFRIGERATION MARKET FOR MARINE APPLICATION, BY PRODUCT,
2016-2022 (USD THOUSAND) 65
TABLE 28 MAGNETIC REFRIGERATION MARKET FOR MARINE APPLICATION, BY REGION,
2016-2022 (USD THOUSAND) 66
TABLE 29 MAGNETIC REFRIGERATION MARKET, BY INDUSTRIAL APPLICATION,
2016-2022 (USD THOUSAND) 66
TABLE 30 MAGNETIC REFRIGERATION MARKET FOR INDUSTRIAL APPLICATION, BY PRODUCT, 2016-2022 (USD THOUSAND) 67
TABLE 31 MAGNETIC REFRIGERATION MARKET FOR INDUSTRIAL APPLICATION, BY REGION, 2016-2022 (USD THOUSAND) 68
TABLE 32 MAGNETIC REFRIGERATION MARKET FOR FOOD and BEVERAGE PROCESSING and STORAGE APPLICATION, BY PRODUCT, 2016-2022 (USD THOUSAND) 68
TABLE 33 MAGNETIC REFRIGERATION MARKET FOR FOOD and BEVERAGE PROCESSING and STORAGE APPLICATION, BY REGION, 2016-2022 (USD THOUSAND) 69
TABLE 34 MAGNETIC REFRIGERATION MARKET FOR HEALTHCARE APPLICATION,
BY PRODUCT, 2016-2022 (USD THOUSAND) 70
TABLE 35 MAGNETIC REFRIGERATION MARKET FOR HEALTHCARE APPLICATION, BY REGION, 2016-2022 (USD THOUSAND) 70
TABLE 36 MAGNETIC REFRIGERATION MARKET, BY GEOGRAPHY, 2016-2022 (USD MILLION) 74
TABLE 37 NORTH AMERICAN MAGNETIC REFRIGERATION MARKET,
2016-2022 (USD MILLION) 76
TABLE 38 NORTH AMERICA MAGNETIC REFRIGERATION MARKET, BY PRODUCT,
2016-2022 (USD MILLION) 76
TABLE 39 NORTH AMERICA MAGNETIC REFRIGERATION MARKET, BY APPLICATION,
2016-2022 (USD THOUSAND) 77
TABLE 40 NORTH AMERICA MAGNETIC REFRIGERATION MARKET, BY TRANSPORTATION APPLICATION, 2016-2022 (USD THOUSAND) 78
TABLE 41 NORTH AMERICA MAGNETIC REFRIGERATION MARKET, BY INDUSTRIAL APPLICATION, 2016-2022 (USD THOUSAND) 78
TABLE 42 SOUTH AMERICAN MAGNETIC REFRIGERATION MARKET,
2016-2022, (USD MILLION) 79
TABLE 43 SOUTH AMERICAN MAGNETIC REFRIGERATION MARKET, BY PRODUCT,
2016-2022, (USD THOUSAND) 80
TABLE 44 SOUTH AMERICAN MAGNETIC REFRIGERATION MARKET, BY APPLICATION,
2016-2022, (USD THOUSAND) 80
TABLE 45 SOUTH AMERICAN MAGNETIC REFRIGERATION MARKET,
BY TRANSPORTATION APPLICATION, 2016-2022, (USD THOUSAND) 81
TABLE 46 SOUTH AMERICAN MAGNETIC REFRIGERATION MARKET,
BY INDUSTRIAL APPLICATION, 2016-2022, (USD THOUSAND) 82
TABLE 47 EUROPE MAGNETIC REFRIGERATION MARKET, 2016-2022 (USD MILLION) 84
TABLE 48 EUROPEAN MAGNETIC REFRIGERATION MARKET, BY PRODUCT,
2016-2022 (USD MILLION) 84
TABLE 49 EUROPEAN MAGNETIC REFRIGERATION MARKET, BY APPLICATION,
2016-2022 (USD MILLION) 85
TABLE 50 EUROPEAN MAGNETIC REFRIGERATION MARKET, BY TRANSPORTATION APPLICATION, 2016-2022 (USD THOUSAND) 86
TABLE 51 EUROPEAN MAGNETIC REFRIGERATION MARKET, BY INDUSTRIAL APPLICATION,
2016-2022 (USD THOUSAND) 86
TABLE 52 ASIA-PACIFIC MAGNETIC REFRIGERATION MARKET, 2016-2022 (USD MILLION) 88
TABLE 53 ASIA-PACIFIC MAGNETIC REFRIGERATION MARKET, BY PRODUCT,
2016-2022 (USD MILLION) 88
TABLE 54 ASIA-PACIFIC MAGNETIC REFRIGERATION MARKET, BY APPLICATION,
2016-2022 (USD THOUSAND) 89
TABLE 55 ASIA-PACIFIC MAGNETIC REFRIGERATION MARKET, BY TRANSPORTATION APPLICATION, 2016-2022 (USD THOUSAND) 90
TABLE 56 ASIA-PACIFIC MAGNETIC REFRIGERATION MARKET, BY INDUSTRIAL APPLICATION, 2016-2022 (USD THOUSAND) 90
TABLE 57 REST OF THE WORLD REFRIGERATION MARKET, 2016-2022 (USD MILLION) 91
TABLE 58 REST OF THE WORLD REFRIGERATION MARKET, BY PRODUCT,
2016-2022 (USD THOUSAND) 92
TABLE 59 REST OF THE WORLD REFRIGERATION MARKET, BY APPLICATION,
2016-2022 (USD THOUSAND) 93
TABLE 60 REST OF THE WORLD REFRIGERATION MARKET, BY TRANSPORTATION APPLICATION, 2016-2022 (USD THOUSAND) 93
TABLE 61 REST OF THE WORLD REFRIGERATION MARKET, BY INDUSTRIAL APPLICATION,
2016-2022 (USD THOUSAND) 93
TABLE 62 KEY PLAYERS RANK (2014) 96
TABLE 63 NEW PRODUCT LAUNCHES, 2011-2015 98
TABLE 64 PARTNERSHIPS AND COLLABORATIONS, 2011-2015 99
TABLE 65 EXPANSION, 2011-2015 100
TABLE 66 MERGERS AND ACQUISITIONS, 2011-2015 100


LIST OF FIGURES

FIGURE 1 MAGNETIC REFRIGERATION MARKET 16
FIGURE 2 GLOBAL MAGNETIC REFRIGERATION MARKET: RESEARCH DEISGN 18
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 21
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 22
FIGURE 5 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION 23
FIGURE 6 MAGNETIC REFRIGERATION MARKET SNAPSHOT (2017 VS. 2022) : THE COMMERCIAL APPLICATION IS EXPECTED TO DOMINATE THE MARKET 26
FIGURE 7 GLOBAL MAGNETIC REFIGERATION MARKET, BY PRODUCT, 2017 26
FIGURE 8 GLOBAL MAGNETIC REFRIGERATION MARKET, BY GEOGRAPHY, 2017 27
FIGURE 9 GLOBAL MAGNETIC REFRIGERATION MARKET, BY PRODUCT (2022) 28
FIGURE 10 THE MAGNETIC REFRIGERATION MARKET IS EXPECTED TO GROW AT A CAGR OF 98.6% BETWEEN 2017 AND 2022 29
FIGURE 11 COMMERCIAL AND INDUSTRIAL APPLICATIONS ARE EXPECTED TO PLAY A SIGNIFICANT ROLE IN THE MAGNETIC REFRIGERATION MARKET (2017-2022) 30
FIGURE 12 EUROPE and NORTH AMERICA WOULD BE THE MAJOR MARKETS FOR THE MAGNETIC REFRIGERATION TECHNOLOGY IN 2017 31
FIGURE 13 THE U.S. CONSTITUTES OVER ONE-THIRD OF THE MAGNETIC REFRIGERATION MARKET 32
FIGURE 14 THE BEVERAGE COOLER SEGMENT IS EXPECTED TO DOMINATE THE MAGNETIC REFRIGERATION MARKET BETWEEN 2017 AND 2022 33
FIGURE 15 THE U.S. IS THE LARGEST MARKET FOR MAGNETIC REFRIGERATION TECHNOLOGY WHILE INDIA IS EXPECTED TO WITNESS THE FASTEST GROWTH 33
FIGURE 16 EVOLUTION OF MAGNETIC REFRIGERATION 35
FIGURE 17 MAGNETIC REFRIGERATION MARKET, BY PRODUCT 36
FIGURE 18 MAGNETIC REFRIGERATION MARKET, BY APPLICATION 36
FIGURE 19 HIGH ENERGY EFFICIENCY AND GREEN TECHNOLOGY ARE EXPECTED TO BOOST THE MAGNETIC RERFIGERATION MARKET 37
FIGURE 20 MAGNETIC RERIGERATION MARKET SEGMENTATION, BY PRODUCT 42
FIGURE 21 THE REFRIGERATION SEGMENT DOMINATES THE MARKET WHILE THE HEAT PUMPS SEGMENT IS EXPECTED TO GROW AT THE FASTESTRATE 42
FIGURE 22 THE BEVERAGE COOLERS IS EXPECTED TO DOMINATE THE REFRIGERATION SEGMENT IN THE MAGNETIC REFIGERATION MARKET 43
FIGURE 23 THE INDUSTRIAL APPLICATION IS EXPECTED TO WITNESS THE FASTEST GROWTH DURING THE FORECAST PERIOD 45
FIGURE 24 THE STATIONARY AIR CONDITIONERS SEGMENT IS ESTIMATED TO DOMINATE THE MAGNETIC REFRIGERATION MARKET FOR AIR CONDITIONING 47
FIGURE 25 COMMERCIAL APPLICATION EXPECTED TO BE THE LEADING SEGMENT IN THE MAGNETIC REFRIGERATION MARKET FOR AIR CONDITIONING 48
FIGURE 26 HEALTHCARE IS THE FASTEST GROWING MARKET FOR MAGNETIC REFRIGERATION IN THE INDUSTRIAL SEGMENT 50
FIGURE 27 COMMERCIAL IS ESTIMATED TO DOMINATE THE APPLICATION SEGMENT WHILE INDUSTRIAL IS ESTIMATED TO GROW AT A FASTER RATE 51
FIGURE 28 FOOD and BEVERAGE PROCESSING and STORAGE INDUSTRY IS EXPECTED TO DOMINATE THE MARKET 52
FIGURE 29 MAGNETIC RERIGERATION SEGMENTATION, BY APPLICATION 55
FIGURE 30 INDUSTRIAL APPLICATION IS EXPECTED TO WITNESS THE HIGHEST GROWTH RATE FOR MAGNETIC RERIGERATION 55
FIGURE 31 REFRIGERATION IS EXPECTED TO DOMINATE DURING THE FORECAST PERIOD 56
FIGURE 32 HEAT PUMPS ARE EXPECTED TO BE THE FASTEST-GROWING MARKET IN THE COMMERICAL SEGMENT FOR MAGNETIC REFRIGERATION 58
FIGURE 33 REFRIGERATION IS EXPECTED TO HOLD THE LARGEST MARKET SHARE IN TRANSPORTATION 60
FIGURE 34 NORTH AMERICA IS EXPECTED TO HOLD THE LARGEST MARKET SHARE IN MAGNETIC REGRIGERATION FOR LOGISTICS IN 2017 62
FIGURE 35 REFRIGERATION IS EXPECTED TO BE THE MOST DOMINANT MARKET FOR THE AEROSPACE APPLICATION IN MAGNETIC REFRIGERATION 64
FIGURE 36 HEAT PUMP IS EXPECTED TO BE THE FASTEST-GROWING MARKET FOR THE INDUSTRIAL APPLICATION IN MAGNETIC REFRIGERATION 67
FIGURE 37 REFRIGERATION IS EXPECTED TO DOMINATE DURING THE FORECAST PERIOD 69
FIGURE 38 MAGNETIC RERIGERATION SEGMENTATION, BY GEOGRAPHY 72
FIGURE 39 THE MARKET FOR MAGNETIC REFRIGERATION TECHNOLOGY IN JAPAN IS EXPECTED TO GROW AT THE HIGHEST CAGR, (2017-2022) 73
FIGURE 40 ASIA-PACIFIC and SOUTH AMERICA: ATTRACTIVE MARKETS FOR MAGNETIC REFRIGERATION RELATED APPLICATIONS 73
FIGURE 41 NORTH AMERICAN MAGNETIC REFRIGERATION MARKET SNAPSHOT: U.S. IS EXPECTED TO BE THE LARGEST MARKET FOR THE MAGNETIC REFRIGERATION TECHNOLOGY 75
FIGURE 42 THE INDUSTRIAL SEGMENT IS EXPECTED TO WITNESS THE FASTEST GROWTH IN THE NORTH AMERICAN MAGNETIC REFRIGERATION MARKET 77
FIGURE 43 BRAZIL IS EXPECTED TO BE THE LEADING MARKET FOR MAGNETIC REFRIGERATION IN SOUTH AMERICA 79
FIGURE 44 LOGISTICS IS EXPECTED TO BE THE LEADING MARKET FOR MAGNETIC REFRIGERATION IN THE TRANSPORTATION APPLICATION 81
FIGURE 45 EUROPEAN MAGNETIC REFRIGERATION MARKET SNAPSHOT: GERMANY IS EXPECTED TO BE HOLD THE LARGEST SHARE IN THE EUROPEAN MAGNETIC REFRIGERATION MARKET 83
FIGURE 46 COMMERCIAL APPLICATION IS EXPECTED TO DOMINATE THE EUROPEAN MAGNETIC REFRIGERATION MARKET 85
FIGURE 47 ASIA-PACIFIC MAGNETIC REFRIGERATION MARKET SNAPSHOT: CHINA IS EXPECTED TO HOLD THE LARGEST SHARE IN THE ASIA-PACIFIC MAGNETIC REFRIGERATION MARKET 87
FIGURE 48 THE INDUSTRIAL APPLICATION IS EXPECTED WITNESS THE FASTEST GROWTH IN THE ASIA-PACIFIC MAGNETIC REFRIGERATION MARKET 89
FIGURE 49 THE MIDDLE EAST IS EXPECTED TO BE THE LARGEST MARKET FOR MAGNETIC REFRIGERATION IN THE REST OF THE WORLD REGION 91
FIGURE 50 THE COMMERCIAL APPLICATION IS EXPECTED TO DOMINATE THE REST OF THE WORLD MAGNETIC REFRIGERATION MARKET 92
FIGURE 51 COMPANIES ADOPTED PARTNERSHIPS, AGREEMENTS, AND COLLABORATIONS WAS THE KEY GROWTH STRATEGY OVER THE LAST FOUR YEARS (2011-2015) 95
FIGURE 52 MARKET EVALUATION FRAMEWORK 97
FIGURE 53 BATTLE FOR MARKET SHARE: COLLABORATIONS and AGREEMENTS, NEW PRODUCT LAUNCHES, AND EXPANSION WERE THE KEY STRATEGIES ADOPTED
BY COMPANIES BETWEEN 2011 AND 2015 98
FIGURE 54 GEOGRAPHIC REVENUE MIX OF THE TOP MARKET PLAYERS FOR THE MAGNETIC REFRIGERATION MARKET 102
FIGURE 55 CAMFRIDGE LTD.: SWOT ANALYSIS 106
FIGURE 56 SWOT ANALYSIS 108
FIGURE 57 WHIRLPOOL CORPORATION: COMPANY SNAPSHOT 109
FIGURE 58 SWOT ANALYSIS 111
FIGURE 59 GENERAL ELECTRIC CO.: COMPANY SNAPSHOT 113
FIGURE 60 SWOT ANALYSIS 115
FIGURE 61 QINGDAO HAIER CO., LTD: COMPANY SNAPSHOT 117
FIGURE 62 BASF SE: COMPANY SNAPSHOT 120
FIGURE 63 ERAMET SA: COMPANY SNAPSHOT 124
FIGURE 64 SIGMA-ALDRICH: COMPANY SNAPSHOT 127
FIGURE 65 SAMSUNG ELECTRONICS CO., LTD: COMPANY SNAPSHOT 131
FIGURE 66 TOSHIBA CORPORATION: COMPANY SNAPSHOT 135

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