Cryocooler Market By Hardware (Power conditioning units, Compressors, Heat dissipation pipes, Cold heads), By Services (Technical support services, Preventive maintenance services, Product repairs & refurbishment services), By Type (Gifford-Mcmahon Cryocoolers, Stirling Cryocoolers, Pulse-Tube Cryocoolers, Brayton Cryocoolers), By Heat Exchanger Type (Regenerative Heat Exchangers, Recuperative Heat Exchangers), By Application (Commercial, Medical, Agriculture & biology, Environmental, Military, Transport, Energy & power, Mining and metal, Space, Research and development), By Temperature (100K -300K, 50K-100K), Industry Trends, Estimation & Forecast, 2017-2025

July 2018

 Pages: 186

 ERC 3988

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Cryocooler Market is expected to grow with a CAGR of 6.5% during the forecast period of 2018 to 2025.

A cryocooler is a mechanical device which facilitates active cooling of specific applications, down to very low cryogenic temperatures, by the means of expansion and compression of specific gases. The recent advent of low frequency pulse tube cryocooler has proven out to be highly beneficial for the cooling of infrared sensors, which are used in military applications such as missile guidance, range detection and many others. In addition to this, cryocooler is also being extensively used within the healthcare industry as this device play a crucial role in the functioning of various medical devices such as MRI machines. Apart from this, these devices are also being deployed for the efficient functioning of medical organ storage systems and conducting successful cryosurgeries. According to Magnetic Resonance, approximately 2,500 MR imaging units are sold every year, globally.

A major application of cryocoolers for space related programs related to earth science, planetary science, space astronomy and reconnaissance & missile defense is significantly expanding the market. NASA is one of the major end-user of cryogenic coolers and has deployed them in its various technologies including AIRS Earth-science instrument and SIRTF IR space telescope. However, factor such as high input power requirements of cryocooler due to its complete dependency on heating load and operating temperature can act as a hindering agent for the growth of the market. On the other hand, the depletion of natural resource such as helium, which is a key composition element of cryostats, has led the end users to adopt cryocoolers as an alternative in various applications such aerospace and defense. Such a scenario can put forward a lucrative growth platform for the market.

The report provides detailed qualitative and quantitative analysis of the cryocooler market. Market size and forecast in terms of value and volume has been provided for the period - (2017 - 2025), for the segments namely hardware, services, types, heat exchanger type, application and temperature in each of the major regions.

Cryocooler Market Player Analysis

The report presents detailed analysis of major players operating in cryocooler market. Few of them include Sumitomo Heavy Industries Ltd. ,Superconductor Technologies Inc. ,Brooks Automation Inc., Advanced Research Systems, Inc., Janis Research Company LLC, Cryomech Inc., Chart Industries Inc., DH Industries BV, and Sunpower Inc., AMETEK and Thales Group. A detailed coverage on these market players with information on their revenue from cryocooler business, market share, gross margin and their growth strategies have been provided in the report.

Market Segmentation

Cryocooler market is segmented on the basis of hardware, services, types, heat exchanger type, application, temperature and geography. By hardware, the market is segmented into power conditioning units, compressors, heat dissipation pipes and others. On the basis of services, the market is categorized as technical support services, preventive maintenance services, product repairs & refurbishment services and others. On the basis of type, the market is categorized as gifford-mcmahon cryocoolers, stirling cryocoolers, pulse-tube cryocoolers and others. By heat exchanger type, the market is segmented into regenerative heat exchangers and recuperative heat exchangers. By application, the market is segmented into commercial, medical, agriculture & biology and others. By temperature, the market is segmented into 100k -300k, 50k-100k and others. Geographical coverage has been provided for each of the major regions including North America, Europe, Asia-Pacific, South America and Rest of the World.

Cryocooler Market Segmentation

By Hardware
• Power conditioning units
• Compressors
• Heat dissipation pipes
• Cold heads
• Others

By Services
• Technical support services
• Preventive maintenance services
• Product repairs & refurbishment services
• Customer training services

By Type
• Gifford-Mcmahon Cryocoolers
• Stirling Cryocoolers
• Pulse-Tube Cryocoolers
• Brayton Cryocoolers
• Joule Thomson Cryocoolers

By Heat Exchanger Type
• Regenerative Heat Exchangers
• Recuperative Heat Exchangers

By Application:
• Commercial
• Medical
• Agriculture & biology
• Environmental
• Military
• Transport
• Energy & power
• Mining and metal
• Space
• Research and development
• Others

By Temperature
• 100K -300K
• 50K-100K
• Others

By Geography
• North America
o U.S.
o Canada
o Mexico
• Europe
o U.K.
o France
o Germany
o Italy
o Spain
o Rest of Europe
• Asia-Pacific
o China
o Japan
o India
o Korea
o Rest of APAC
• South America
o Brazil
o Rest of South America
• Rest of the World
o Middle East
o Africa

Cryocooler Key Market Players

• Sumitomo Heavy Industries Ltd.
• Superconductor Technologies Inc.
• Brooks Automation Inc.
• Advanced Research Systems Inc.
• Janis Research Company LLC
• Cryomech Inc.
• Chart Industries Inc.
• DH Industries BV
• Sunpower Inc.
• AMETEK
• Thales Group.

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    What Information does this report contain?

    • What was the market size of the Cryocooler Market in 2017 and the expected market size by 2025, along with the growth rate?
    • An in-depth analysis of the current impacting factors, opportunities and challenges/restraints in the market
    • Which are the largest revenue generating products, services or regions and their comparative growth rate?
    • Which technology is in trend and how would it evolve during the forecast period (2017 - 2025)?
    • Which are the leading companies in the Cryocooler Market and their competitive positioning basis their market share, product portfolio, strategic attempts and business focus?

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