The report "Cryocooler Market
by Type (GM, PT, JT, Stirling, and Brayton Cryocoolers), Service
(Technical Support, Product Repairs & Refurbishment, Preventive
Maintenance, and Customer Training), Application, and Geography - Global
Forecast to 2022", The global cryocooler market is expected to
grow to USD 2.94 Billion by 2022, at a CAGR of 7.29% between 2016 and
2022. The major factors driving the growth of this market include the
shortage of helium gas, growing medical & healthcare services in the
developing economies.
Download PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=247727537
Browse 70 market data Tables and 94 Figures spread through 159 Pages and in-depth TOC on "Cryocooler Market - Global Forecast to 2022"
http://www.marketsandmarkets.com/Market-Reports/cryocooler-market-247727537.html
The military application in the cryocooler market held the largest share in 2015
The cryocooler market is application driven. This market has been segmented on the basis of application into military, medical, commercial, environmental, energy, transport, research & development, space, agriculture & biology, and others. The cryocooler market for the military application accounted for the largest share in 2015. This market is expected to grow at a significant rate between 2016 and 2022, driven by growing adoption of various cryocoolers to provide cryogenic temperatures for IR sensors in missile guidance, night vison based systems, and satellite based surveillance.
The market for GM cryocoolers is expected to grow rapidly during the forecast period
The cryocooler market based on type is segmented into GM, PT, Stirling, JT, and Brayton cryocoolers. Among these cryocoolers, the market for GM cryocoolers is expected to witness the highest growth during the forecast period. The major reasons for the growth of this market include wide adoption of GM cryocoolers for cooling IR sensors in medical MRI systems, cryosurgeries, and cryopumps in semiconductor applications. Also, the increasing number of GM cryocooler product launches catering to diverse industry segments is further contributing to the growth of this market.
The cryocooler market in North America is expected to hold the largest share of the global cryocooler market by 2022
The cryocooler market in North America held the largest share of the global cryocooler market in 2015, followed by the markets in Europe and APAC. The market in North America is expected to grow at the highest rate between 2016 and 2022. This growth can be attributed to the shortage of helium gas and growing importance for cryocoolers in proton therapy to treat cancer and high adoption of cryocoolers in missile guidance and satellite monitoring in military application.
The major players in the cryocooler market are Advanced Research Systems, Inc. (U.S.), Brooks Automation, Inc. (U.S.), Chart Industries, Inc. (U.S.), Cryomech, Inc. (U.S.), DH Industries BV (The Netherlands), Janis Research Company, LLC (U.S.), RICOR – Cryogenic & Vacuum Systems (Israel), Sumitomo Heavy Industries Ltd. (Japan), Sunpower, Inc. (U.S.), and Superconductor Technologies, Inc. (U.S.) among others.
The scope of the report covers detailed information regarding the major factors influencing the growth of the cryocooler market such as drivers, restraints, challenges, and opportunities. A detailed analysis of the key industry players has been done to provide insights into their business overview, products and services, key strategies, new product launches, mergers & acquisitions, partnerships, agreements, collaborations, and recent developments associated with the markets.
About MarketsandMarkets
MarketsandMarkets is the world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com
Download PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=247727537
Browse 70 market data Tables and 94 Figures spread through 159 Pages and in-depth TOC on "Cryocooler Market - Global Forecast to 2022"
http://www.marketsandmarkets.com/Market-Reports/cryocooler-market-247727537.html
The military application in the cryocooler market held the largest share in 2015
The cryocooler market is application driven. This market has been segmented on the basis of application into military, medical, commercial, environmental, energy, transport, research & development, space, agriculture & biology, and others. The cryocooler market for the military application accounted for the largest share in 2015. This market is expected to grow at a significant rate between 2016 and 2022, driven by growing adoption of various cryocoolers to provide cryogenic temperatures for IR sensors in missile guidance, night vison based systems, and satellite based surveillance.
The market for GM cryocoolers is expected to grow rapidly during the forecast period
The cryocooler market based on type is segmented into GM, PT, Stirling, JT, and Brayton cryocoolers. Among these cryocoolers, the market for GM cryocoolers is expected to witness the highest growth during the forecast period. The major reasons for the growth of this market include wide adoption of GM cryocoolers for cooling IR sensors in medical MRI systems, cryosurgeries, and cryopumps in semiconductor applications. Also, the increasing number of GM cryocooler product launches catering to diverse industry segments is further contributing to the growth of this market.
The cryocooler market in North America is expected to hold the largest share of the global cryocooler market by 2022
The cryocooler market in North America held the largest share of the global cryocooler market in 2015, followed by the markets in Europe and APAC. The market in North America is expected to grow at the highest rate between 2016 and 2022. This growth can be attributed to the shortage of helium gas and growing importance for cryocoolers in proton therapy to treat cancer and high adoption of cryocoolers in missile guidance and satellite monitoring in military application.
The major players in the cryocooler market are Advanced Research Systems, Inc. (U.S.), Brooks Automation, Inc. (U.S.), Chart Industries, Inc. (U.S.), Cryomech, Inc. (U.S.), DH Industries BV (The Netherlands), Janis Research Company, LLC (U.S.), RICOR – Cryogenic & Vacuum Systems (Israel), Sumitomo Heavy Industries Ltd. (Japan), Sunpower, Inc. (U.S.), and Superconductor Technologies, Inc. (U.S.) among others.
The scope of the report covers detailed information regarding the major factors influencing the growth of the cryocooler market such as drivers, restraints, challenges, and opportunities. A detailed analysis of the key industry players has been done to provide insights into their business overview, products and services, key strategies, new product launches, mergers & acquisitions, partnerships, agreements, collaborations, and recent developments associated with the markets.
About MarketsandMarkets
MarketsandMarkets is the world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com
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