- In December 2024, Samsung introduced a new line of refrigerators featuring AI Hybrid Cooling technology at CES 2025. These models combine a conventional compressor with a Peltier module, improving energy efficiency and helping keep food fresh longer. The RM80F23VM model, set for release in 2025, offers a 900-liter capacity and is expected to be one of the most energy-efficient refrigerators to receive ENERGY STAR certification. The hybrid cooling system minimizes temperature fluctuations, extending the freshness of items like pork and salmon by up to 1.4 and 1.2 times, respectively.
- On February 21, 2025, Haier India launched its Lumiere Series, the only 4-door convertible side-by-side refrigerators available in the country. These innovative units integrate AI-driven technology with versatile storage and a sleek design, offering an energy-efficient and flexible cooling experience. Tailored for modern Indian homes, the Lumiere Series aims to redefine convenience and advanced refrigeration with a focus on innovation and sustainability.
- In March 2023 Ubiblue, a French company specializing in magnetic refrigeration, is expanding its portfolio to include smaller, compact magnetic refrigerators designed for consumer electronics. These eco-friendly refrigeration solutions are created to address the rising demand for energy-efficient and sustainable cooling technologies within the electronics sector. Ubiblue's innovations aim to offer reliable and environmentally conscious cooling solutions for various electronic products.
- In June 2024, TOSHIBA CORPORATION is actively investing in research focused on magnetic refrigeration technologies, reinforcing its commitment to developing sustainable and energy-efficient cooling solutions. While specific product launches have not been announced, the company’s research efforts are contributing to the overall advancement of magnetic refrigeration systems, aligning with global movements toward more eco-friendly cooling options.
Frequently Asked Questions
Europe is the fastest growing region in the global Magnetic Refrigeration market due to strict environmental regulations banning harmful refrigerants, strong government support for green technologies.
Shift Toward Sustainable and Eco-friendly Cooling Solutions, is emerging as a pivotal trend driving the global Magnetic Refrigeration market.
The major factors driving the growth of the Magnetic Refrigeration market are growing need due to Technological Advancements and Environmental Regulations and Sustainability.
The primary challenges include High Initial Costs and Limited Commercial Viability and Limited Awareness and Understanding of Magnetic Refrigeration.
The Refrigeration segment is expected to dominate the global Magnetic Refrigeration market holding a major market share in 2025, due to the critical role in maintaining precise temperature control for food safety and quality, rising demand from the food and beverage industry.
