Cryocooler Market - Global Forecast to 2022 - New Study Released

From: Fast Market Research, Inc.
Published: Fri May 20 2016

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 expected to grow at a CAGR of 7.29%"

The cryocooler market is expected to reach USD 2.94 billion by 2022, at a CAGR of 7.29% between 2016 and 2022. The major factors contributing to the growth of this market include the growing medical & healthcare services in developing economies and increasing production of the liquefied natural gas over the last couple of years.

"The market for Stirling cryocoolers is expected to grow at the highest rate during the forecast period"

Full Report Details at

The market for Stirling cryocoolers is expected to grow at the highest rate between 2016 and 2022 in the global cryocooler market. The major factors contributing to the growth of this market include growing adoption of these cryocoolers in a variety of applications such as space, military, medical, and commercial among others. The Stirling cryocoolers are small in size and offer higher efficiencies compared to the other cryocoolers.

"APAC to be the fastest-growing market during the forecast period in the cryocooler market"

The global cryocooler market in the Americas held the largest share in 2015; however, the market in APAC is expected to exhibit the highest growth rate during the forecast period. The major factors contributing to the growth of this market include the increasing adoption of wide range of cryocoolers in semiconductor fabrication, automotive industry, and space applications among others.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with key people in the market. The break-up of profiles of primary participants is given below:

* By Company Type: Tier 1%-25%, Tier 2%-35%, and Tier 3%-40%
* By Designation: C-Level - 35%, Director Level - 25%, Others - 40%
* By Region: North America - 43%, Europe - 29%, APAC - 14%, RoW - 14%

The prominent players profiled in this report are:

1. Advanced Research Systems, Inc. (U.S.)

2. Brooks Automation, Inc. (U.S.)

3. Chart Industries, Inc. (U.S.)

4. Cryomech, Inc. (U.S.)

5. DH Industries BV (The Netherlands)

6. Janis Research Company, LLC (U.S.)

7. RICOR - Cryogenic & Vacuum Systems (Israel)

8. Sumitomo Heavy Industries Ltd. (Japan)

9. Sunpower, Inc. (U.S.)

10. Superconductor Technologies, Inc. (U.S.)

The report would help the market leaders/new entrants in this market in the following ways:

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

You may also be interested in these related reports:

- GaN Power Devices Market - Global Forecast to 2022
- Laser Technology Market - Analysis & Forecast to 2022
- Process Liquid Analyzers Market - Global Forecast to 2022
- Anti-Drone Market - Forecast - Global Forecast to 2022
- Vehicle Surveillance Market in-Vehicle Surveillance - Global Forecast to 2022

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email:
Contact Phone: 1-413-485-7001

Visit website »