In the current scenario, the magnetic refrigeration applications is quite limited to some type of cryogenic refrigerator that are utilized in biological research centers due to its especially low operating temperature. The light weight, lower cost, and maximum product life cycle of magnetic refrigeration is anticipated to be leading drivers compelling the market growth of magnetic refrigeration during the forecast period. Magnetic refrigeration has numerous benefits, such as large temperature range, higher efficiency, and environmental sustainability over its predictable counterparts.