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
Table of Contents
1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 List of Major Secondary Sources
2.1.1.2 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Primary Interviews With Experts
2.1.2.2 Breakdown of Primaries
2.1.2.3 Key Data From Primary Sources
2.1.3 Secondary and Primary Research
2.1.3.1 Key Industry Insights
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.1.1 Approach for Capturing the Market Share By Bottom-Up Analysis (Demand Side)
2.2.2 Top-Down Approach
2.2.2.1 Approach for Capturing the Market Share By Top-Down Analysis (Supply Side)
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions
2.4.1 Assumptions
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities for the Cryocooler Market
4.2 Cryocooler Market, By Application
4.3 Cryocooler Market in APAC, 2016
4.4 Life Cycle Analysis, By Geography
5 Market Overview
5.1 Introduction
5.2 Market Evolution
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Scarcity of Helium Gas
5.3.1.2 Growing Medical and Healthcare Services in Developing Economies
5.3.1.3 Growing Production of Liquefied Natural Gas to Increase the Demand for Cryocoolers for Transportation
5.3.1.4 Increasing Adoption of Cryocoolers in the Semiconductor Industry
5.3.2 Restraints
5.3.2.1 Input Power Consumption of Cryocoolers
5.3.3 Opportunities
5.3.3.1 Increasing Requirement for Cryogenic Refrigeration in Various Space Applications
5.3.3.2 Advancement of Cryocoolers for Microsatellite Military Applications
5.3.3.3 Increasing Product Launches in the Cryocooler Market
5.3.4 Challenges
5.3.4.1 Performance Constraint of Cryocoolers
5.3.5 Winning Imperative
5.3.5.1 Reduction in the Cost of Cryocoolers
6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.3 Strategic Benchmarking
6.3.1 Technology Integration and Product Enhancement
7 Market, By Hardware and Service
7.1 Introduction
7.2 Hardware
7.2.1 Compressors
7.2.2 Cold Heads
7.2.3 Heat Dissipation Pipes
7.2.4 Power Conditioning Units
7.2.5 Others
7.3 Services
7.3.1 Technical Support Services
7.3.2 Product Repairs & Refurbishment Services
7.3.3 Preventive Maintenance Services
7.3.4 Customer Training Services
8 Market, By Type
8.1 Introduction
8.2 Gifford-Mcmahon Cryocoolers
8.3 Pulse-Tube Cryocoolers
8.4 Stirling Cryocoolers
8.5 Joule-Thomson Cryocoolers
8.6 Brayton Cryocoolers
9 Market, By Heat Exchanger Type
9.1 Introduction
9.2 Recuperative Heat Exchangers
9.3 Regenerative Heat Exchangers
10 Market, By Application
10.1 Introduction
10.2 Military
10.2.1 IR Sensors for Missile Guidance
10.2.2 IR Sensors for Satellite-Based Surveillance
10.3 Medical
10.3.1 Cooling Superconducting Magnets for MRI Systems
10.3.2 Liquefaction of Oxygen for Storage
10.3.3 Cryosurgery
10.4 Commercial
10.4.1 Semiconductor Fabrication
10.4.2 High-Temperature Superconductors for Cell-Phone Base Stations
10.4.3 IR Sensors for Nde and Process Monitoring
10.5 Environmental
10.5.1 IR Sensors for Atmospheric Studies on Ozone Hole and Green House Effects
10.5.2 IR Sensors for Pollution Monitoring
10.6 Energy
10.6.1 IR Sensors for Thermal Loss Measurements
10.6.2 Superconducting Magnetic Energy Storage for Peak Shaving
10.7 Transport
10.7.1 Superconducting Magnets in Maglev Trains
10.7.2 Lng for Fleet Vehicles
10.8 Research and Development
10.8.1 Nuclear Magnetic Resonance (NMR)
10.8.2 Electron Paramagnetic Resonance (EPR)
10.9 Space
10.9.1 Space Astronomy
10.9.2 Planetary Science
10.10 Agriculture & Biology
10.10.1 Storage of Biological Cells and Specimens
10.11 Mining and Metal
10.11.1 Tempering
10.11.2 Shrink Fitting
10.12 Others
11 Market, By Geography
11.1 Introduction
11.2 Americas
11.2.1 North America
11.2.1.1 U.S.
11.2.1.1.1 Well-Established Military Industry
11.2.1.2 Canada
11.2.1.2.1 Growing Medical and Healthcare Industry
11.2.1.3 Mexico
11.2.1.3.1 Increasing Exports of Semiconductors to Drive the Cryocooler Market in Mexico
11.2.2 South America
11.3 Europe
11.3.1 Germany
11.3.1.1 Known for Manufacturing Capabilities
11.3.2 U.K.
11.3.2.1 Largest Market for Cryocoolers in Europe
11.3.3 France
11.3.3.1 Third-Largest Market in the Cryocooler Market in Europe
11.3.4 Rest of Europe
11.3.4.1 Growing Economic Conditions
11.4 Asia Pacific (APAC)
11.4.1 Japan
11.4.1.1 A Substantial Mature Market
11.4.2 China
11.4.2.1 Second Largest Market for Cryocoolers in APAC
11.4.3 South Korea
11.4.3.1 Growth From Semiconductor Manufacturing Companies
11.4.4 India
11.4.4.1 Prominent Growth in the Medical Equipment Market
11.4.5 Rest of APAC
11.4.5.1 Emerging Markets Such as Australia and Indonesia With Significant Potential
11.5 Rest of the World (RoW)
11.5.1 Middle East
11.5.1.1 Huge Oil & Gas Reserves and Petrochemical Industries
11.5.2 Africa
11.5.2.1 Emerging Region for Telecommunication Industry
12 Competitive Landscape
12.1 Introduction
12.1.1 Vanguards
12.1.2 Dynamic
12.1.3 Innovators
12.1.4 Emerging
12.2 Overview (Sumitomo Heavy Industries Ltd., Chart Industries Inc., Brooks Automation Inc., Sunpower Inc.,Cryomech Inc., Northrop Grumman Corporation, Advanced Research Systems Inc.,Dh Industries Bv, Janis Research Company LLC., Ricor – Cryogenic & Vacuum Systems, Superconductor Technologies Inc., Air Liquide S.A., Thales Cryogenics, Oxford Cryosystems, Creare LLC, L-3 Cincinnati Electronics, Fabrum Solutions Limited,Stratox, Lihan Technology Co. Ltd., Tristan Technologies, Aim Infrarot-Module GmbH, Sierra Lobo, Vacree Technologies Co. Ltd., Le-Tehnika D.O.O.)
12.3 Business Strategies
12.4 Product Offerings
12.5 Market Ranking of Top 5 Players in the Cryocooler Market, 2016
12.6 Competitive Scenario
12.7 Recent Developments
13 Company Profiles
13.1 Introduction
13.2 Sumitomo Heavy Industries Limited
13.2.1 Business Overview
13.2.2 Scorecard
13.2.2.1 Product Offerings
13.2.2.2 Business Strategies
13.2.3 Products Offered
13.2.4 Business Strategy
13.2.5 Recent Developments
13.2.6 MnM View
13.3 Chart Industries, Inc.
13.3.1 Business Overview
13.3.2 Scorecard
13.3.2.1 Product Offerings
13.3.2.2 Business Strategies
13.3.3 Products Offered
13.3.4 Business Strategy
13.3.5 Recent Developments
13.3.6 MnM View
13.4 Brooks Automation, Inc.
13.4.1 Business Overview
13.4.2 Scorecard
13.4.2.1 Product Offerings
13.4.2.2 Business Strategies
13.4.3 Products Offered
13.4.4 Business Strategy
13.4.5 Recent Developments
13.4.6 MnM View
13.5 Sunpower, Inc.
13.5.1 Business Overview
13.5.2 Scorecard
13.5.2.1 Product Offerings
13.5.2.2 Business Strategies
13.5.3 Products Offered
13.5.4 Business Strategy
13.5.5 Recent Developments
13.5.6 MnM View
13.6 Cryomech, Inc.
13.6.1 Business Overview
13.6.2 Scorecard
13.6.2.1 Product Offerings
13.6.2.2 Business Strategies
13.6.3 Products Offered
13.6.4 Business Strategy
13.6.5 Recent Developments
13.6.6 MnM View
13.7 Northrop Grumman Corporation
13.7.1 Business Overview
13.7.2 Scorecard
13.7.2.1 Product Offerings
13.7.2.2 Business Strategies
13.7.3 Products Offered
13.7.4 Business Strategy
13.7.5 Recent Developments
13.8 Advanced Research Systems, Inc.
13.8.1 Business Overview
13.8.2 Scorecard
13.8.2.1 Product Offerings
13.8.2.2 Business Strategies
13.8.3 Products Offered
13.8.4 Business Strategy
13.8.5 Recent Developments
13.9 Dh Industries Bv
13.9.1 Business Overview
13.9.2 Scorecard
13.9.2.1 Product Offerings
13.9.2.2 Business Strategies
13.9.3 Products Offered
13.9.4 Business Strategy
13.9.5 Recent Developments
13.10 Janis Research Company, LLC
13.10.1 Business Overview
13.10.2 Scorecard
13.10.2.1 Product Offerings
13.10.2.2 Business Strategies
13.10.3 Products Offered
13.10.4 Business Strategy
13.10.5 Recent Developments
13.11 Ricor – Cryogenic & Vacuum Systems
13.11.1 Business Overview
13.11.2 Scorecard
13.11.2.1 Product Offerings
13.11.2.2 Business Strategies
13.11.3 Products Offered
13.11.4 Business Strategy
13.11.5 Recent Developments
13.12 Superconductor Technologies, Inc.
13.12.1 Business Overview
13.12.2 Scorecard
13.12.2.1 Product Offerings
13.12.2.2 Business Strategies
13.12.3 Products Offered
13.12.4 Business Strategy
13.12.5 Recent Developments
13.13 Air Liquide Sa
13.13.1 Business Overview
13.13.2 Scorecard
13.13.2.1 Product Offerings
13.13.2.2 Business Strategies
13.13.3 Products Offered
13.13.4 Business Strategy
13.13.5 Recent Developments
13.14 Key Innovators
13.15 Thales Cryogenics
13.15.1 Business Overview
13.16 Fabrum Solutions Limited
13.16.1 Business Overview
14 Appendix
14.1 Insights of Industry Experts
14.2 Discussion Guide
14.3 Knowledge Store: Marketsandmarkets Subscription Portal
14.4 Introducing RT: Real Time Market Intelligence
14.5 Available Customizations
14.6 Related Reports
List of Tables
Table 1 Advantages and Disadvantages of Different Cooler Technologies
Table 2 Cryocooler Market, By Hardware, 2014–2022 (USD Million)
Table 3 Cryocooler Market, By Service, 2014–2022 (USD Million)
Table 4 Cryocooler Market, By Type, 2014–2022 (USD Million)
Table 5 Market for Gifford-Mcmahon Cryocoolers, By Region, 2014–2022 (USD Million)
Table 6 Market for Gifford-Mcmahon Cryocoolers, By Application, 2014–2022 (USD Million)
Table 7 Market for Pulse-Tube Cryocoolers, By Region, 2014–2022 (USD Million)
Table 8 Market for Pulse-Tube Cryocoolers, By Application, 2014–2022 (USD Million)
Table 9 Legacy Programs Wherein Stirling Cryocoolers Were Used
Table 10 Market for Stirling Cryocoolers, By Region, 2014–2022 (USD Million)
Table 11 Market for Stirling Cryocoolers, By Application, 2014–2022 (USD Million)
Table 12 Market for Joule Thomson Cryocoolers, By Region, 2014–2022 (USD Million)
Table 13 Market for Joule Thomson Cryocoolers, By Application, 2014–2022 (USD Million)
Table 14 Market for Brayton Cryocoolers, By Region, 2014–2022 (USD Million)
Table 15 Market for Brayton Cryocoolers, By Application, 2014–2022 (USD Million)
Table 16 Cryocooler Market, By Heat Exchanger Type, 2014–2022 ( USD Million)
Table 17 Market for Recuperative Heat Exchangers, By Cryocooler Type, 2014–2022 ( USD Million)
Table 18 Market for Regenerative Heat Exchangers, By Cryocooler Type, 2014–2022 ( USD Million)
Table 19 Cryocooler Market, By Application, 2014–2022 (USD Million)
Table 20 Cryocooler Market for Military Applications, 2014–2022 (USD Million)
Table 21 Cryocooler Market for Military Applications, By Type, 2014–2022 (USD Million)
Table 22 Cryocooler Market for Military Applications, By Region, 2014–2022 (USD Million)
Table 23 Cryocooler Market for Medical Applications, 2014–2022 (USD Million)
Table 24 Cryocooler Market for Medical Applications, By Type, 2014–2022 (USD Million)
Table 25 Cryocooler Market for Medical Applications, By Region, 2014–2022 (USD Million)
Table 26 Cryocooler Market for Commercial Applications, 2014–2022 (USD Million)
Table 27 Cryocooler Market for Commercial Applications, By Type, 2014–2022 (USD Million)
Table 28 Cryocooler Market for Commercial Applications, By Region, 2014–2022 (USD Million)
Table 29 Cryocooler Market for Environmental Applications, 2014–2022 (USD Million)
Table 30 Cryocooler Market for Environmental Applications, By Type, 2014–2022 (USD Million)
Table 31 Cryocooler Market for Environmental Applications, By Region, 2014–2022 (USD Million)
Table 32 Cryocooler Market for Energy Applications, 2014–2022 (USD Million)
Table 33 Cryocooler Market for Energy Applications, By Type, 2014–2022 (USD Million)
Table 34 Cryocooler Market for Energy Applications, By Region, 2014–2022 (USD Million)
Table 35 Cryocooler Market for Transport Applications, 2014–2022 (USD Million)
Table 36 Cryocooler Market for Transport Applications, By Type, 2014–2022 (USD Million)
Table 37 Cryocooler Market for Transport Applications, By Region, 2014–2022 (USD Million)
Table 38 Cryocooler Market for Research and Development Applications, 2014–2022 (USD Million)
Table 39 Cryocooler Market for Research and Development Applications, By Type, 2014–2022 (USD Million)
Table 40 Cryocooler Market for Research and Development Applications, By Region, 2014–2022 (USD Million)
Table 41 Cryocooler Market for Space Applications, 2014–2022 (USD Million)
Table 42 Cryocooler Market for Space Applications, By Type, 2014–2022 (USD Million)
Table 43 Cryocooler Market for Space Applications, By Region, 2014–2022 (USD Million)
Table 44 Cryocooler Market for Agriculture & Biology Applications, By Type, 2014–2022 (USD Million)
Table 45 Cryocooler Market for Agriculture & Biology Applications, By Region, 2014–2022 (USD Million)
Table 46 Cryocooler Market for Mining & Metal Applications, 2014–2022 (USD Million)
Table 47 Cryocooler Market for Mining & Metal Applications, By Type, 2014–2022 (USD Million)
Table 48 Cryocooler Market for Mining & Metal Applications, By Region, 2014–2022 (USD Million)
Table 49 Cryocooler Market for Other Applications, 2014–2022 (USD Million)
Table 50 Cryocooler Market for Other Applications, By Type, 2014–2022 (USD Million)
Table 51 Cryocooler Market for Other Applications, By Region, 2014–2022 (USD Million)
Table 52 Cryocooler Market, By Region, 2014–2022 (USD Million)
Table 53 Cryocooler Market in the Americas, By Region, 2014–2022 (USD Million)
Table 54 Cryocooler Market in North America, By Country, 2014–2022 (USD Million)
Table 55 Cryocooler Market in the Americas, By Application, 2014–2022 (USD Million)
Table 56 Cryocoolers Market in the Americas, By Type, 2014–2022 (USD Million)
Table 57 Cryocooler Market in Europe, By Country/Region, 2014–2022 (USD Million)
Table 58 Cryocooler Market in Europe, By Application, 2014–2022 (USD Million)
Table 59 Cryocoolers Market in Europe, By Type, 2014–2022 (USD Million)
Table 60 Cryocooler Market in APAC, By Country/Region, 2014–2022 (USD Million)
Table 61 Cryocooler Market in APAC, By Application, 2014–2022 (USD Million)
Table 62 Cryocoolers Market in APAC, By Type, 2014–2022 (USD Million)
Table 63 Cryocooler Market in RoW, By Region, 2014–2022 (USD Million)
Table 64 Cryocooler Market in RoW, By Application, 2014–2022 (USD Million)
Table 65 Cryocooler Market in RoW, By Type, 2014–2022 (USD Million)
Table 66 Market Ranking of Top 5 Players in the Cryocooler Market in 2016
Table 67 New Product Launches, 2014–2016
Table 68 Contracts, Agreements, & Partnerships, 2014–2016
Table 69 Mergers & Acquisitions, 2014–2016
List of Figures
Figure 1 Cryocooler Market: Research Design
Figure 2 Market Size Estimation Methodology: Bottom-Up Approach
Figure 3 Market Size Estimation Methodology: Top-Down Approach
Figure 4 Data Triangulation
Figure 5 Military Applications to Hold the Largest Size of the Cryocooler Market By 2022
Figure 6 Gifford-Mcmahon Cryocoolers to Hold the Largest Size of the Cryocooler Market By 2022
Figure 7 Cryocooler Market for Product Repairs & Refurbishments Services to Grow at the Highest Rate Between 2017 and 2022
Figure 8 Cryocooler Market, By Region, 2016
Figure 9 Increasing Adoption of Cryocoolers for Various Applications to Drive the Growth of the Market During the Forecast Period
Figure 10 Military Applications to Hold the Largest Size of the Cryocooler Market in 2017
Figure 11 Commercial Applications Held the Largest Share of the Cryocooler Market in APAC in 2016
Figure 12 Cryocooler Market in APAC Was at Growth Phase in 2016
Figure 13 Evolution of the Cryocooler Market
Figure 14 Market Dynamics: Overview
Figure 15 Health Expenditure as A Percentage of GDP
Figure 16 Nominal Liquefaction Capacity (MTPA), 2009–2021
Figure 17 Value Chain Analysis: Major Value is Added During the Manufacturing and Assembly Phases
Figure 18 Strategic Benchmarking: Key Players Largely Adopt Organic Growth Strategies for New Product and Technology Development
Figure 19 Cryocooler Market, By Hardware
Figure 20 Compressors to Hold the Largest Size of the Cryocooler Market for Hardware By 2022
Figure 21 Cryocooler Market, By Service
Figure 22 Cryocooler Market for Product Repairs & Refurbishment Services to Grow at the Highest Rate Between 2017 and 2022
Figure 23 Cryocooler Market, By Type
Figure 24 Gifford-Mcmahon Cryocoolers to Hold the Largest Size of the Cryocooler Market By 2022
Figure 25 Americas Expected to Hold the Largest Size of the Market for Gifford-Mcmahon Cryocoolers in 2017
Figure 26 Americas to Hold the Largest Size of the Market for Pulse-Tube Cryocoolers Between 2017 and 2022
Figure 27 Market for Stirling Cryocoolers in APAC to Grow at the Highest Rate Between 2017 and 2022
Figure 28 Americas to Hold the Largest Size of the Market for Joule Thomson Cryocoolers By 2022
Figure 29 Market for Brayton Cryocoolers in the Americas to Grow at the Highest Rate Between 2017 and 2022
Figure 30 Cryocooler Market, By Heat Exchanger Type
Figure 31 Regenerative Heat Exchangers to Lead the Cryocooler Market Between 2017 and 2022
Figure 32 Market for Regenerative Heat Exchangers for Stirling Cryocoolers to Grow at the Highest Rate Between 2017 and 2022
Figure 33 Cryocooler Market, By Application
Figure 34 Military Applications to Hold the Largest Size of the Cryocooler Market in 2017
Figure 35 Stirling Cryocoolers to Hold the Largest Size of the Cryocooler Market for Military Applications By 2022
Figure 36 Cryocooler Market for Medical Applications in APAC to Grow at the Highest Rate Between 2017 and 2022
Figure 37 Cryocooler Market for Commercial Applications in APAC to Grow at the Highest Rate Between 2017 and 2022
Figure 38 Market for Gm Cryocoolers for Environmental Applications to Grow at the Highest Rate Between 2017 and 2022
Figure 39 Americas to Hold the Largest Size of the Cryocooler Market for Energy Applications By 2022
Figure 40 Americas to Hold the Largest Size of the Cryocooler Market for Transport Applications By 2022
Figure 41 Gm Cryocoolers to Hold the Largest Size of the Cryocooler Market for Research and Development Applications in 2017
Figure 42 Market for Brayton Cryocoolers for Space Applications to Grow at the Highest Rate Between 2017 and 2022
Figure 43 Americas to Hold the Largest Size of the Cryocooler Market for Space Applications in 2017
Figure 44 Cryocooler Market for Agriculture & Biology Applications to Grow at the Highest Rate Between 2017 and 2022
Figure 45 Americas to Hold the Largest Size of the Cryocooler Market for Mining & Metal Applications By 2022
Figure 46 Americas to Hold the Largest Size of the Cryocooler Market for Others Applications By 2022
Figure 47 Cryocooler Market, By Region
Figure 48 Geographic Analysis of the Cryocooler Market
Figure 49 Americas to Hold the Largest Size of the Cryocooler Market in 2017
Figure 50 Snapshot of the Cryocooler Market in the Americas
Figure 51 U.S. to Hold the Largest Size of the Cryocooler Market in North America By 2022
Figure 52 Military Applications to Hold the Largest Size of the Cryocooler Market in the Americas By 2022
Figure 53 Gm Cryocoolers to Hold the Largest Size of the Cryocooler Market in the Americas By 2022
Figure 54 Snapshot of the Cryocooler Market in Europe
Figure 55 U.K. to Hold the Largest Size of the Cryocooler Market in Europe in 2017
Figure 56 Market for Stirling Cryocoolers in Europe to Grow at the Highest Rate Between 2017 and 2022
Figure 57 Snapshot of the Cryocooler Market in APAC
Figure 58 Cryocooler Market in India to Grow at the Highest Rate Between 2017 and 2022
Figure 59 Commercial Applications to Hold the Largest Share of the Cryocooler Market in APAC By 2022
Figure 60 GM Cryocoolers to Hold the Largest Size of the Cryocoolers Market in APAC in 2022
Figure 61 Africa to Hold the Largest Size of the Cryocooler Market in RoW in 2017
Figure 62 Market for Pt Cryocoolers in RoW to Grow at the Highest Rate Between 2017 and 2022
Figure 63 Dive Chart
Figure 64 Key Growth Strategies Adopted By the Top Companies Between 2014 and 2016
Figure 65 Battle for Market Share: New Product Launches Emerged as the Key Strategy Between 2014 and 2016
Figure 66 Geographic Revenue Mix of Major Market Players
Figure 67 Sumitomo Heavy Industries Limited: Company Snapshot
Figure 68 Chart Industries, Inc.: Company Snapshot
Figure 69 Brooks Automation, Inc.: Company Snapshot
Figure 70 Sunpower, Inc.: Company Snapshot
Figure 71 Cryomech, Inc.: Company Snapshot
Figure 72 Northrop Grumman Corporation: Company Snapshot
Figure 73 Advanced Research Systems, Inc.: Company Snapshot
Figure 74 Dh Industries BV: Company Snapshot
Figure 75 Janis Research Company, LLC: Company Snapshot
Figure 76 Ricor – Cryogenic & Vacuum Systems: Company Snapshot
Figure 77 Superconductor Technologies, Inc.: Company Snapshot
Figure 78 Air Liquide Sa: Company Snapshot
Figure 79 Marketsandmarkets Knowledge Store Snapshot
Figure 80 Marketsandmarkets Knowledge Store: Semiconductor & Electronics Industry Snapshot
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