Cryocooler Market 2016 by Type, Service, Application, and Geography – Global Forecasts to 2022 – Research and Markets
May 17, 2016 | By Business Wire News
DUBLIN
Research and Markets has announced the addition of the “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” report to their offering.
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
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 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.)
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Market, By Hardware Components & Services
8 Market, By Cryocooler Type
9 Market, By Heat Exchanger Type
10 Market, By Application
11 Market, By Geography
12 Competitive Landscape
13 Company Profiles
For more information visit http://www.researchandmarkets.com/research/r7s4qs/cryocooler_market
View source version on businesswire.com: http://www.businesswire.com/news/home/20160517005950/en/
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