1. Market Research
  2. > Aerospace and Defence Market Trends

Cryocooler Market: Global Forecast until 2022

  • April 2017
  • 181 pages
  • ID: 3816724
In this report:
The U.K. accounted for the largest share of ##.##% of the cryocooler market in Europe in 2016 and is expected to grow at a CAGR of ##.##% between 2017 and 2022.
The market for space applications is expected to grow at the highest CAGR of ##.##% between 2017 and 2022, owing to the growing importance of miniature satellites, which cost lesser than the heavier satellites that require greater thrust, leading to increased finance.
The market for recuperative heat exchangers for Brayton cryocoolers is expected to grow at a higher CAGR of ##.##% between 2017 and 2022.


Table of Contents

Search Inside

"The overall cryocooler market is estimated to rise at a compound annual growth rate of ~7.0 percent during the forecast period"

The cryocooler market is estimated to grow ~$3.0B by 2022, at a compound annual growth rate of ~7.0 percent between 2017 and 2022. This sector is primarily driven by the increasing medical & healthcare services in developing economies and the shortage of helium gas over the last couple of years. Other Elements such as the growing production of liquefied natural gas and high adoption of cryocoolers in the semiconductor sector have further contributed to the global market rise. The main restraining factor for this industry is the input power consumption of the cryocoolers.

"The sector for space application is anticipated to grow at the maximal rate between 2017 and 2022"

In space applications, cryocoolers are used for cooling down the infrared sensors for several astronomical studies on space astronomy and planetary science, among others. The top factors providing to the increase of this market contain the high adoption of cryocoolers due to their small size and high-speed turbomachines that use gas bearings to offer reliable and vibration-free operations in space.

"GM cryocoolers held the biggest share of the cryocooler market in 2016"

GM cryocoolers are one of the most popular types of cryocoolers used in different applications due to their simple structure and high reliability. The key factors providing to the rise of this market contain the wide applications of GM cryocoolers in MRI systems used in the medical industry and cooling down the IR sensors for missile guidance in the military market. The Americas area is likely to hold the most important size of the market for GM cryocoolers by 2022.

"Asia-Pacific to be the quickest developing market for cryocooler during the estimate period"

The overall cryocooler market in the whole Americas held the biggest share in 2016; nevertheless, the industry in Asia-Pac is expected to display the maximum growth rate during the outlook period. The increase of this market is mainly driven by developing economies including China and India (IN). The investments in the healthcare and energy markets have grown considerably in the past few years, creating a significant demand for the cryogenic technology in this area. The main factors providing to the rise of this market contain the rising adoption of a wide range of cryocoolers for medical, commercial, and military applications.

In the process of finding out and checking the market value for various segments and sub-segments collected by secondary research, extensive primary audit sessions have been managed with main people in the sector.

The distribution of profiles of primary members taking part is presented below:

- By Company Type: Tier 1%-55%, Tier 2%-20%, and 1/3 3%-25%

- By Designation: C-Level - 75.0 percent, Managers- 25.0 percent

- By area: North america (NA) - 40.0 percent, Europe - 30.0 percent, APAC - 20.0 percent, RoW - 10.0 percent

Segment Research

This business report includes the cryocooler market established on hardware & service, category, heat exchanger type, application, area. An in-depth study of the main industry actors has been done to furnish business insights into their business, products and services, and top strategies including new product launches, mergers & acquisitions, alliances, strategic agreements, and collaborations combined with the cryocooler market.

Main highlights

The analysis would benefit the market top players/new sector entrants in this sector in these ways:

1. This document breaks down the cryocooler market comprehensively and offers the closest approximations of the revenues for the global market and the sub-segments across several verticals and localities.

2. The market research would benefit partners to comprehend the increase of the market and offers info on main market drivers, market restraints, opportunities, and alternatives.

3. This industry report would benefit partners to better find out their players and obtain additional insights to improve their rank in the business sector. The competitive outlook section includes competitor landscape, new industry product developments, alliances, and mergers & acquisitions.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Amrita helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Inertial Navigation System Market: Global Forecast until 2022

  • $ 5650
  • Industry report
  • September 2017
  • by MarketsandMarkets

Increased demand for accurate and reliable navigation is one of the significant factors driving the inertial navigation system marketThe inertial navigation system market is projected to grow from an estimated ...

Turret System Market: Global Forecast until 2022

  • $ 5650
  • Industry report
  • October 2017
  • by MarketsandMarkets

“Increasing demand for turret gun systems from military forces and modernization programs in various countries are the major factors driving the turret system market globally.”The turret system market ...

CBRN Defense Market: Global Forecast until 2022

  • $ 5650
  • Industry report
  • August 2017
  • by MarketsandMarkets

The CBRN defense market is projected to grow at a CAGR of 4.65% during the forecast periodThe CBRN defense market is projected to grow from USD 14.68 billion in 2016 to USD 19.15 billion by 2022, at a ...


Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.