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.
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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).
Browse 70 market data tables and 71 figures spread through 179 pages and in-depth TOC on "Cryocooler Market"
Market for the compressors is expected to hold the largest share during the forecast period
The cryocooler market for compressors is expected to lead the market between 2017 and 2022. Compressor is one of the major components of cryocoolers. The primary function of the compressor is to circulate the refrigerant in the system under pressure; this concentrates the heat it contains.
Gifford-McMohan (GM) and PT cryocoolers come with associated compressors that continually operate to keep the systems at the base temperature. Currently, there is a need for small cryocooler compressors with a high power density. By increasing the operating frequency of the compressor, high power density can be achieved.
Gifford-McMahon (GM) cryocoolers market expected to hold the largest share from 2017 to 2022
One of the major reasons for the higher cryocooler market of Gifford-McMahon (GM) cryocoolers is the wide usage of these cryocoolers to cool down the IR sensors used in MRI systems, missile guidance in military, and cryopumps in semiconductor fabrication applications. These cryocoolers are one of the most popular types of cryocoolers used in various applications due to their simple structure and high reliability
Military application in the cryocooler market is expected to hold the largest share from 2017 to 2022
The major factors contributing to the growth of this cryocooler market include the rising adoption of cryocoolers in cooling infrared sensors used in military applications. The cryocoolers are used to cool down the infrared sensors to approximately 80 Kelvin.
Americas expected to account for the largest market share from 2017 to 2022
The cryocooler market in the Americas held the largest share of the global market in 2016, followed by the markets in Europe and APAC. The growth of 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.
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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 7500 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.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com
• Download Informational PDF Brochure :-
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=247727537
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).
Browse 70 market data tables and 71 figures spread through 179 pages and in-depth TOC on "Cryocooler Market"
Market for the compressors is expected to hold the largest share during the forecast period
The cryocooler market for compressors is expected to lead the market between 2017 and 2022. Compressor is one of the major components of cryocoolers. The primary function of the compressor is to circulate the refrigerant in the system under pressure; this concentrates the heat it contains.
Gifford-McMohan (GM) and PT cryocoolers come with associated compressors that continually operate to keep the systems at the base temperature. Currently, there is a need for small cryocooler compressors with a high power density. By increasing the operating frequency of the compressor, high power density can be achieved.
Gifford-McMahon (GM) cryocoolers market expected to hold the largest share from 2017 to 2022
One of the major reasons for the higher cryocooler market of Gifford-McMahon (GM) cryocoolers is the wide usage of these cryocoolers to cool down the IR sensors used in MRI systems, missile guidance in military, and cryopumps in semiconductor fabrication applications. These cryocoolers are one of the most popular types of cryocoolers used in various applications due to their simple structure and high reliability
Military application in the cryocooler market is expected to hold the largest share from 2017 to 2022
The major factors contributing to the growth of this cryocooler market include the rising adoption of cryocoolers in cooling infrared sensors used in military applications. The cryocoolers are used to cool down the infrared sensors to approximately 80 Kelvin.
Americas expected to account for the largest market share from 2017 to 2022
The cryocooler market in the Americas held the largest share of the global market in 2016, followed by the markets in Europe and APAC. The growth of 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.
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 7500 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.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com
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