The global cryocooler market is expected to reach USD 2.94 Billion by 2022, at a CAGR of 7.29% between 2016 and 2022. The growth of this market is majorly driven by the growing medical & healthcare services in developing economies and rapid shortage of helium gas. In addition, factors such as growing demand for cryocoolers in space applications and development of cryocoolers for microsatellite military applications provide significant growth opportunities for the market. The report aims at estimating the size and future growth potential of the cryocooler market. The base year considered for the study is 2015 and the market size has been forecast between 2016 and 2022. In addition, the market has been segmented on the basis of type, application, heat exchanger type, hardware & services, and geography.

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The research methodology used to estimate and forecast the cryocooler market begins with gathering data on key vendor revenues through secondary research. The top-down and bottom-up approaches have been used to estimate and validate the size of the global cryocoolers market. The research methodology also includes the study of annual and financial reports of the top market players as well as interviews of industry experts (such as CEOs, VPs, directors, and marketing executives) for key insights (both, quantitative and qualitative) on the cryocooler market. All percentage shares, splits, and breakdowns have been determined by using secondary sources and verified through primary sources. The data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The breakdown of profiles of primary is depicted in the following figure.

Cryocooler Market

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The cryocooler ecosystem comprises hardware component manufacturers, prototype designers, and original equipment manufacturers (OEMs). The prototype designers design cryocooler equipment pertaining to the industry needs, and the hardware component manufacturers provide compressors, cold heads, heat dissipation pipes, valves, dewars, and power conditioning units among others.

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.

Browse 70 market data Tables and 94 Figures spread through 159 Pages and in-depth TOC on "Cryocooler Market - Global Forecast to 2022"
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Target Audience of the Report:

The intended audience for this report includes:

Cryocooler equipment products and solutions providers
Cryocooler systems related service providers
Research organizations and consulting companies
Associations, organizations, forums, and alliances related to cryogenic engineering
Government bodies such as regulating authorities and policy makers
Venture capitalists, private equity firms, and start-up companies
End users who want to know more about the cryocooler market

Scope of the Report:

This report categorizes the global cryocooler market on the basis of type, application, service, and geography.

By Type:

Gifford-McMahon Cryocoolers
Pulse-Tube Cryocoolers
Stirling Cryocoolers
Joule Thomson Cryocoolers
Brayton Cryocoolers

By Industry:

Military
Medical
Commercial
Environmental
Energy
Transport
Research and Development
Space
Agriculture & Biology
Others

By Service:

Technical Support Services
Product Repairs & Refurbishment Services
Preventive Maintenance Services
Customer Training Services

By Region:

Americas
Europe
Asia-Pacific (APAC)
Rest of the World (RoW)

Available Customizations:

With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:

Market Analysis

Further breakdown of the global cryocoolers market, by geography

Company Information

Detailed analysis and profiling of additional market players (up to five)

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