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The cryocooler market is forecasted to grow by USD 764.2 million during 2023-2028, accelerating at a CAGR of 5.11% during the forecast period. The report on the cryocooler market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing adoption in cryopreservation procedures, growing demand from healthcare industry for treatments like MRI, NMR equipment, and proton therapy, and increasing use of cryocoolers in drug research and development.
The cryocooler market is segmented as below:
By Application
- Military and defense
- Healthcare
- Aerospace
- Power and energy
- Others
By Type
- Regenerative heat exchanger
- Recuperative heat exchanger
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
The report on the cryocooler market covers the following areas:
- Cryocooler market sizing
- Cryocooler market forecast
- Cryocooler market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global cryocooler market: Advanced Research Systems Inc., AIM Infrared Module GmbH, Air Liquide SA, Azenta Inc., Bluefors Oy, Chart Industries Inc., Eaton Corp plc, Honeywell International Inc., HYSYTECH srl, L3Harris Technologies Inc., Lake Shore Cryotronics Inc., Lihan Cryogenics Co. Ltd., Lockheed Martin Corp., Northrop Grumman Corp., Ricor Systems, RIX Industries, Stirling Cryogenics India Pvt. Ltd., Sumitomo Heavy Industries Ltd., Thales Group, and TotalEnergies SE.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing demand for cryocooler for COVID-19 vaccines."
According to the report, one of the major drivers for this market is the increasing adoption in cryopreservation procedures.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Advanced Research Systems Inc.
- AIM Infrared Module GmbH
- Air Liquide SA
- Azenta Inc.
- Bluefors Oy
- Chart Industries Inc.
- Eaton Corp plc
- Honeywell International Inc.
- HYSYTECH srl
- L3Harris Technologies Inc.
- Lake Shore Cryotronics Inc.
- Lihan Cryogenics Co. Ltd.
- Lockheed Martin Corp.
- Northrop Grumman Corp.
- Ricor Systems
- RIX Industries
- Stirling Cryogenics India Pvt. Ltd.
- Sumitomo Heavy Industries Ltd.
- Thales Group
- TotalEnergies SE
