Press release
Pulse Tube Cryocoolers Market Is Suppose to Grow At a CAGR 5.0% over the forecast period 2019 and 2025 - QYResearch
The report represents the statistical data in the form of tables, charts, and info-graphics to assess the market, its growth and development, and market trends of the global Pulse Tube Cryocoolers market during the projected period. QY Research has used a framework of primary and secondary research to make this report a full-proof one.This report studies the global Pulse Tube Cryocoolers market status and forecast, categorizes the global Pulse Tube Cryocoolers market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
The pulse tube refrigerator (PTR) or pulse tube cryocooler is a developing technology that emerged largely in the early 1980s with a series of other innovations in the broader field of thermoacoustics. In contrast with other cryocoolers (e.g. Stirling cryocooler and GM-refrigerators), this cryocooler can be made without moving parts in the low temperature part of the device, making the cooler suitable for a wide variety of applications.
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Pulse tube cryocoolers are used in industrial applications such as semiconductor fabrication and in military applications such as for the cooling of infrared sensors. Pulse tubes are also being developed for cooling of astronomical detectors where liquid cryogens are typically used, such as the Atacama Cosmology Telescope or the Qubic experiment (an interferometer for cosmology studies). PTRs are used as precoolers of dilution refrigerators. Pulse tubes will be particularly useful in space-based telescopes where it is not possible to replenish the cryogens as they are depleted. It has also been suggested that pulse tubes could be used to liquefy oxygen on Mars.
The pulse tube cryocooler market based on type is segmented into single-stage and two-stage pulse tube cryocoolers. The market for two-stage pulse tube cryocoolers is expected to grow at the highest rate between 2016 and 2022 in the global pulse tube cryocooler market. The major factors contributing to the growth of this market include growing adoption of these pulse tube cryocoolers in a variety of applications such as space, military, electronic, and commercial among others.
The global Pulse Tube Cryocoolers market is valued at 240 million US$ in 2017 and will reach 350 million US$ by the end of 2025, growing at a CAGR of 5.0% during 2018-2025.
The key pulse tube cryocooler system providers from North America, Europe and Japan led the global pulse tube cryocooler market in 2016. These companies have been providing their offerings worldwide and are focusing on expanding their positions in the key markets in APAC and Row. Some of the major companies have adopted strategies such as mergers & acquisitions, partnerships, agreements, collaborations, new product launches, capacity expansions, and joint ventures to expand their global presence and increase their market shares.
The global pulse tube cryocooler market in the Americas held the largest share in 2016; 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 pulse tube cryocoolers in semiconductor fabrication, military, and space applications among others.
The major manufacturers covered in this report
Sumitomo Heavy Industries
Chart Industries, Inc.
Cryomech, Inc
Thales cryogenics
Cobham
AIM
Lihantech
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Single-Stage Pulse
Two-Stage Pulse
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
Military
Electronics
Energy
Space
Research and Development
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