The report "Cryocooler Market
by Type (GM, PT, JT, Stirling, and Brayton Cryocoolers), Services
(Technical Support, Repair, Preventive Maintenance), Heat Exchanger Type
(Recuperative and Regenerative), Application, and Geography - Global
Forecast to 2022", The global cryocooler market is projected to
reach USD 2.99 Billion by 2022, at a CAGR of 7.00% between 2017 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, growing production of liquefied natural gas, and
increasing adoption of cryocoolers in the semiconductor industry.
Download PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=247727537
Browse 69 market data tables and 80 figures spread through 178 pages and in-depth TOC on "Cryocooler Market - Global Forecast to 2022"
http://www.marketsandmarkets.com/Market-Reports/cryocooler-market-247727537.html
Early buyers will receive 10% customization on this report.
The military application in the cryocooler market held the largest share in 2016.
The cryocooler market is application driven. This market has been segmented on the basis of application into military, medical, commercial, environmental, energy & power, transport, mining and metal, research & development, space, agriculture & biology, and others. The military application accounted for the largest share in 2016. This market is expected to grow at a significant rate between 2017 and 2022, driven by the 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 Stirling cryocoolers is expected to grow at the highest rate between 2017 and 2022.
The cryocooler market based on type is segmented into GM, PT, Stirling, JT, and Brayton cryocoolers. Among these cryocoolers, the market for Stirling cryocoolers is expected to witness the highest growth during the forecast period. The key factors contributing to the growth of this market include the increasing adoption of these cryocoolers in a wide range of applications such as military, medical, commercial, research and development, and space. Also, due to the increased spending by developing nations such as China, India, Malaysia, and Thailand on the military, medical, and semiconductor manufacturing sectors, the demand for these cryocoolers is expected to rise during the forecast period.
The Americas held the largest share of the cryocooler market in 2016
The cryocooler market in the Americas held the largest share of the global cryocooler market in 2016, followed by the markets in Europe and APAC. The growth of the cryocooler market in the Americas is mainly driven by factors such as the established military industry and the growing importance of the use of cryocoolers in medical cryosurgery and proton therapy. Also, the rising installation of the cryogenic technology in aircraft carriers is driving the growth of the cryocooler market in the Americas. North America holds the major share of the cryocooler market in the Americas.
The major players in the cryocooler market are Sumitomo Heavy Industries Ltd. (Japan), Chart Industries, Inc. (U.S.), Brooks Automation, Inc. (U.S.), Sunpower, Inc. (U.S.), Cryomech, Inc. (U.S.), Northrop Grumman Corporation (U.S.), Advanced Research Systems, Inc. (U.S.), DH Industries BV (The Netherlands), Janis Research Company, LLC (U.S.), RICOR – Cryogenic & Vacuum Systems (Israel), Superconductor Technologies, Inc. (U.S.), and Air Liquide S.A. (France).
About MarketsandMarkets
MarketsandMarkets provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets for their painpoints around revenues decisions.
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. MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’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.
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 69 market data tables and 80 figures spread through 178 pages and in-depth TOC on "Cryocooler Market - Global Forecast to 2022"
http://www.marketsandmarkets.com/Market-Reports/cryocooler-market-247727537.html
Early buyers will receive 10% customization on this report.
The military application in the cryocooler market held the largest share in 2016.
The cryocooler market is application driven. This market has been segmented on the basis of application into military, medical, commercial, environmental, energy & power, transport, mining and metal, research & development, space, agriculture & biology, and others. The military application accounted for the largest share in 2016. This market is expected to grow at a significant rate between 2017 and 2022, driven by the 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 Stirling cryocoolers is expected to grow at the highest rate between 2017 and 2022.
The cryocooler market based on type is segmented into GM, PT, Stirling, JT, and Brayton cryocoolers. Among these cryocoolers, the market for Stirling cryocoolers is expected to witness the highest growth during the forecast period. The key factors contributing to the growth of this market include the increasing adoption of these cryocoolers in a wide range of applications such as military, medical, commercial, research and development, and space. Also, due to the increased spending by developing nations such as China, India, Malaysia, and Thailand on the military, medical, and semiconductor manufacturing sectors, the demand for these cryocoolers is expected to rise during the forecast period.
The Americas held the largest share of the cryocooler market in 2016
The cryocooler market in the Americas held the largest share of the global cryocooler market in 2016, followed by the markets in Europe and APAC. The growth of the cryocooler market in the Americas is mainly driven by factors such as the established military industry and the growing importance of the use of cryocoolers in medical cryosurgery and proton therapy. Also, the rising installation of the cryogenic technology in aircraft carriers is driving the growth of the cryocooler market in the Americas. North America holds the major share of the cryocooler market in the Americas.
The major players in the cryocooler market are Sumitomo Heavy Industries Ltd. (Japan), Chart Industries, Inc. (U.S.), Brooks Automation, Inc. (U.S.), Sunpower, Inc. (U.S.), Cryomech, Inc. (U.S.), Northrop Grumman Corporation (U.S.), Advanced Research Systems, Inc. (U.S.), DH Industries BV (The Netherlands), Janis Research Company, LLC (U.S.), RICOR – Cryogenic & Vacuum Systems (Israel), Superconductor Technologies, Inc. (U.S.), and Air Liquide S.A. (France).
About MarketsandMarkets
MarketsandMarkets provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets for their painpoints around revenues decisions.
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. MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’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.
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
