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Cryocooler Market Size, Share, Analysis, Industry Report and Forecast 2022-2028

03-31-2022 09:26 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

The global cryocooler market is anticipated to grow at a considerable CAGR of 6.9% during the forecast period (2022-2028). The rapid shortage of helium gas across the developing economies particularly in North America will be going to propel the growth of the market. For instance, according to the US Geological Survey, in 2020, helium exports from the United States amounted to 100 million cubic meters, an increase of 19.04% compared to 2018. Fact that cryogenic fluids such as liquid helium, liquid nitrogen, or very cold nitrogen and helium gas are utilized by cryocooling, the market is estimated to get boosted by such factors.

To Request a Sample of our Report on Cryocooler Market: https://www.omrglobal.com/request-sample/cryocooler-market

Rising acquisitions, product approval, collaborations among the major players in the market also propel the growth of the market. For instance, in December 2020, Clean Power Hydrogen (CPH2) partnered with AFCryo, one of the prominent cryogenic systems manufacturers for gas separation and hydrogen liquefaction is a multi-national tie-up where the combined technology will offer the market a cheaper and more reliable way of generating green hydrogen from renewable sources. CPH2 and AFCryo will work collaboratively to enhance the technology from an engineering perspective, carry out specific analyses, and work together to develop the markets throughout Europe. Additionally, AFCryo will design CPH2larger cryogenics systems which will form the 'back-end' of our electrolyzer technology for scales above 1MW, and there will also be some cross-licensing of technologies.

Market Coverage

· The market number available for - 2022-2028

· Base year- 2021

· Forecast period- 2022-2028

Segment Covered-

· By Type

· Operating Cycle

· By Application

Regions Covered

· North America

· Europe

· Asia-Pacific

· Rest of the World

Competitive Landscape- Sumitomo Heavy Industries Limited, Northrop Grumman Corporation, Superconductor Technologies Inc, Sunpower Inc.

(Get 15% Discount on Buying this Report)

A full Report of Cryocooler Market is Available @ https://www.omrglobal.com/industry-reports/cryocooler-market

Global Cryocooler Market Report Segment

By Type

· Gifford-Mcmahon

· Pulse-Tube

· Stirling

· Brayton

By Operating Cycle

· Open-loop cycle

· Closed-loop cycle

By Application

· Healthcare

· Commercial

· Transportation

· Military

· Space

Global Cryocooler Market Report Segment by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

· Latin America

· Middle East & Africa

Company Profiles

· Advanced Research Systems Inc.

· AMETEK Inc.

· Brooks Automation, Inc.

· Chart Industries Inc.

· Cobham PLC

· Cryomech Inc.

· D&H Industries

· Janis Research Company LLC

· Northrop Grumman Corporation

· RICOR

· Stirling Cryogenics BV

· Sumitomo Heavy Industries Limited

· Sunpower Corp

· Superconductor Technologies Inc.

Reasons to buy from us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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