QYResearch: The cryocooler market is expected to reach USD 2.48 billion by 2022
http://www.qyresearchglobal.com/goods-675877.html The cryocooler market is expected to reach USD 2.48 billion by 2022, at a CAGR of 5.62
http://www.qyresearchglobal.com/goods-675877.html The cryocooler market is expected to reach USD 2.48 billion by 2022, at a CAGR of 5.62
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
w w w. q y re s e a rc h . c o m
Beijing Hengzhou Bozhi International Information<br />
Consulting<br />
Contact<br />
Web: qyresearchglobal.com | qyresearcheurope.com |<br />
qyresearch.com | qyresearch.com/engl<strong>is</strong>h |<br />
qyresearchjapan.com<br />
TEL:+86-13660489419 Office:+86-2086655165<br />
Media: press@qyresearch.com<br />
Marketing: sales@qyresearch.com<br />
Facebook: @<strong>QYResearch</strong>Official Twitter: @<strong>QYResearch</strong>_<br />
Wechat Official Account: <strong>QYResearch</strong> Weibo: 恒 州 博 智<br />
w w w. q y re s e a rc h . c o m
<strong>QYResearch</strong><br />
Cryocooler comes from the phrase “cryogenic<br />
cooler,” and <strong>is</strong> a device for providing active<br />
cooling of something down <strong>to</strong> cryogenic<br />
temperatures. <strong>The</strong>re <strong>is</strong> a wide range of these<br />
devices (pulse tube, Stirling, GM, Joule<br />
Thompson) that use different thermodynamic<br />
cycles and techniques <strong>to</strong> generate the cooling.<br />
w w w. q y re s e a rc h . c o m
<strong>QYResearch</strong><br />
According <strong>to</strong> <strong>QYResearch</strong>, <strong>The</strong> <strong>cryocooler</strong> <strong>market</strong> <strong>is</strong> <strong>expected</strong> <strong>to</strong> <strong>reach</strong> <strong>USD</strong> <strong>2.48</strong> <strong>billion</strong> <strong>by</strong><br />
<strong>2022</strong>, at a CAGR of 5.62% between 2017 and <strong>2022</strong>. <strong>The</strong> major fac<strong>to</strong>rs contributing <strong>to</strong> the<br />
growth of th<strong>is</strong> <strong>market</strong> include the growing medical & healthcare services in developing<br />
economies and increasing production of the liquefied natural gas over the last couple of years.<br />
<strong>The</strong> <strong>cryocooler</strong> <strong>market</strong> based on type <strong>is</strong> segmented in<strong>to</strong> GM, PT, Stirling, JT, and Bray<strong>to</strong>n<br />
<strong>cryocooler</strong>s. <strong>The</strong> <strong>market</strong> for stirling <strong>cryocooler</strong>s <strong>is</strong> <strong>expected</strong> <strong>to</strong> grow at the highest rate<br />
between 2016 and 2021 in the global <strong>cryocooler</strong> <strong>market</strong>. <strong>The</strong> major fac<strong>to</strong>rs contributing <strong>to</strong><br />
the growth of th<strong>is</strong> <strong>market</strong> include growing adoption of these <strong>cryocooler</strong>s in a variety of<br />
applications such as space, military, medical, and commercial among others. <strong>The</strong> stirling<br />
<strong>cryocooler</strong>s are small in size and offer higher efficiencies compared <strong>to</strong> the other <strong>cryocooler</strong>s.<br />
w w w. q y re s e a rc h . c o m
<strong>QYResearch</strong><br />
<strong>The</strong> key <strong>cryocooler</strong> system providers<br />
from North America and Europe led the<br />
global <strong>cryocooler</strong> <strong>market</strong> in 2016. <strong>The</strong>se<br />
companies have been providing their<br />
offerings worldwide and are focusing on<br />
expanding their positions in the key<br />
<strong>market</strong>s in APAC and Row. Some of the<br />
major companies have adopted<br />
strategies such as mergers &<br />
acqu<strong>is</strong>itions, partnerships, agreements,<br />
collaborations, new product launches,<br />
capacity expansions, and joint ventures<br />
<strong>to</strong> expand their global presence and<br />
increase their <strong>market</strong> shares.<br />
w w w. q y re s e a rc h . c o m
<strong>QYResearch</strong><br />
<strong>The</strong> global <strong>cryocooler</strong> <strong>market</strong> in the Americas held the largest share<br />
in 2016; however, the <strong>market</strong> in APAC <strong>is</strong> <strong>expected</strong> <strong>to</strong> exhibit the<br />
highest growth rate during the forecast period. <strong>The</strong> major fac<strong>to</strong>rs<br />
contributing <strong>to</strong> the growth of th<strong>is</strong> <strong>market</strong> include the increasing<br />
adoption of wide range of <strong>cryocooler</strong>s in semiconduc<strong>to</strong>r fabrication,<br />
au<strong>to</strong>motive industry, and space applications among others.<br />
w w w. q y re s e a rc h . c o m
Change language