Caloric Effect and Solid-State Heating/Cooling
Current solid-state thermal systems are derived from the caloric effect. Dependent on different materials, the effect takes into external stimuli and convert it into heat. This has received great attention in the past decade or two as the demand for more sustainable thermal systems is increasing. However, the pandemic caused the global manufacturers giving entire focus on improving their sales and profitability through product innovations and upgrades. However, the low-carbon footprint, energy loads and reduced consumables makes this technology a booming field with high expectation in HVAC and refrigeration markets in the future.