Helium Turboexpander Market to Reach US$ 169 Million by 2031, Driven by Cryogenic Efficiency Needs and Helium Recovery Focus | QY Research

Market Summary -

The global market for Helium Turboexpander was estimated to be worth US$ 118 million in 2024 and is forecast to a readjusted size of US$ 169 million by 2031 with a CAGR of 5.8% during the forecast period 2025-2031.

According to QY Research, a new publication titled "Helium Turboexpander - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031" provides an in-depth, data-driven analysis of the global Helium Turboexpander market to support informed decision-making and sustainable growth strategies. Authored by experienced market analysts and subject-matter experts, the report delivers accurate market data, validated insights, and actionable recommendations for industry participants. It evaluates historical performance alongside future forecasts to clearly explain competitive dynamics, key growth drivers, market challenges, and emerging opportunities. With detailed coverage of market dynamics, segmentation, leading companies, and regional trends, this comprehensive report serves as a reliable strategic resource for businesses looking to gain a competitive edge in the global Helium Turboexpander market.

Get Full PDF Sample Copy of the Report: (Including Full TOC, Tables & Charts): https://qyresearch.in/request-sample/machinery-equipment-helium-turboexpander-global-market-share-and-ranking-overall-sales-and-demand-forecast-2025-2031

The potential shifts in the 2025 U.S. tariff framework pose substantial volatility risks to global markets. This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Helium Turboexpander cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.

A helium turboexpander is a precision-engineered turbine device used to expand high-pressure helium gas to lower pressures and temperatures, converting energy into mechanical work. It plays a crucial role in cryogenic helium liquefaction, gas recovery, and cooling systems for applications such as superconducting magnets, medical MRI systems, particle accelerators, and space technology. Designed to handle extremely low temperatures and inert gas properties, helium turboexpanders are built with advanced bearings, high-strength alloys, and precise sealing systems to ensure optimal efficiency, minimal leakage, and reliable long-term operation in demanding cryogenic environments.

In 2024, global sales reached approximately 0.19 k units, with an average global market price of around K US$ 620 per unit.

The helium turboexpander market holds a positive outlook due to the growing global emphasis on cryogenic efficiency and sustainable helium management. As helium remains a critical yet finite resource, advanced turboexpander technologies that enhance liquefaction and recovery efficiency are becoming essential. Continuous R&D in oil-free and high-speed designs improves reliability and reduces maintenance costs. Collaboration between industrial gas companies and cryogenic equipment manufacturers will drive innovation and market growth. With increasing applications in healthcare, research, and aerospace, helium turboexpanders are positioned as indispensable components in the expanding cryogenic and clean energy technology landscape.

Market Trend -

The global helium turboexpander market is growing steadily due to increasing demand for cryogenic cooling systems across industries such as medical imaging, aerospace, electronics, and scientific research. Rising investment in cryogenics and helium liquefaction facilities, particularly in Asia-Pacific and North America, supports market expansion. Manufacturers are focusing on oil-free and magnetic bearing designs to enhance efficiency and reliability. The expansion of space exploration programs and semiconductor manufacturing also boosts helium usage. Furthermore, technology integration with digital monitoring and control systems enables predictive maintenance and improved energy recovery, strengthening market competitiveness and performance standards.

Market Drivers, Challenges & Restraints -

This section outlines the various elements influencing the trajectory of the Helium Turboexpander market:

Key Growth Drivers -

► Rising need for efficient helium liquefaction and recovery systems to reduce helium losses and operating costs
► Increasing adoption of superconducting technologies across healthcare and research ecosystems
► Expansion of research laboratories and advanced scientific infrastructure using helium-based cooling
► Strong demand from medical imaging (MRI systems) supporting stable helium consumption
► Growth in space and defense applications, including cooling and pressurization systems
► Ongoing helium supply constraints accelerating recycling, recovery, and efficiency upgrades in cryogenic systems

Restraints & Challenges -

► Regulatory uncertainties and tariff-related disruptions impacting cross-border supply chains
► High precision engineering requirements and strict performance standards in cryogenic environments
► Competitive pricing pressures and long sales cycles for large-scale cryogenic installations
► Component supply risks for critical parts (bearings, seals, control systems) and specialized alloys
► Market-entry barriers due to qualification requirements, service expectations, and reliability demands

Upstream and Downstream -

Upstream, the helium turboexpander industry depends on high-grade materials like stainless steel, aluminum alloys, cryogenic seals, and precision bearings, sourced from advanced metallurgy and mechanical component suppliers. Key upstream contributors include SKF, Honeywell, and Siemens for mechanical parts and control systems.

Downstream, helium turboexpanders are used in helium liquefiers, gas recovery units, and cryogenic cooling systems. They serve end markets such as healthcare (MRI), research institutions, space agencies, and electronics manufacturers. Integration between component makers, OEMs, and cryogenic equipment providers ensures innovation and reliability across the supply chain.

Major Company Included: -

Cryostar
Atlas Copco
GE (Baker Hughes)
Air Products
ACD
L.A. Turbine
Turbogaz
Samsung
RMG
Hangyang Group
SASPG
HNEC
Suzhou Xida
Beifang Asp
Jianyang Ruite
Huayu
Air Liquide
Hanwha

Market Segmentation-

By Type -

Impulse Helium Turboexpander
Reactionary Helium Turboexpander

By Application -

Liquid Helium Production
Helium Recovery
Other

The report provides valuable insights into the key segments of the global Helium Turboexpander market, with a strong focus on CAGR, market size, market share, and future growth potential. The market is comprehensively segmented by product type, application, and region, with each segment thoroughly analyzed to identify growth prospects, demand patterns, and emerging trends. This detailed segmental analysis plays a crucial role in uncovering high-growth and high-return opportunities across the market. By offering precise data on product- and application-level demand, the report enables businesses to prioritize profitable segments and develop targeted strategies within the global Helium Turboexpander market.

Regional Analysis -

✔ North America (U.S., Canada, Mexico)
✔ Europe (Germany, France, UK, Italy, etc.)
✔ Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
✔ South America (Brazil, etc.)
✔ Middle East and Africa (Turkey, GCC Countries, Africa, etc.)

Reasons to Procure this Report: -

► The research would help top administration/policymakers/professionals/product advancements/sales managers and stakeholders in this market in the following ways.
► The report provides Helium Turboexpander market revenues at the worldwide, regional, and country-level with a complete analysis to 2031 permitting companies to analyze their market share and analyze projections, and find new markets to aim.
► The research includes the Helium Turboexpander market split by different types, applications, technologies, and end-uses. This segmentation helps leaders plan their products and finances based on the upcoming development rates of each segment.
► Helium Turboexpander market analysis benefits investors by knowing the scope and position of the market giving them information on key drivers, challenges, restraints, and expansion chances of the market and moderate threats.
► This report would help to understand competition better with a detailed analysis and key strategies of their competitors and plan their position in the business.
► The study helps evaluate Helium Turboexpander business predictions by region, key countries, and top companies' information to channel their investments.

Key questions answered in the report include:

► This Helium Turboexpander report gives all the information about the industry analysis, revenue, and overview, of this market.
► What will be the rate of increase in Helium Turboexpander market size and growth rate by the end of the forecast period?
► What are the major global Helium Turboexpander market trends influencing the development of the market?
► What are the vital results of SWOT analysis of the major players operating in the Helium Turboexpander market?
► What are the potential growth opportunities and threats faced by major competitors in the Helium Turboexpander market?
► What are the market opportunities and threats faced by vendors in the Global Helium Turboexpander market?

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Table of Contents:
1 Market Overview
1.1 Helium Turboexpander Product Introduction
1.2 Global Helium Turboexpander Market Size Forecast
1.2.1 Global Helium Turboexpander Sales Value (2020-2031)
1.2.2 Global Helium Turboexpander Sales Volume (2020-2031)
1.2.3 Global Helium Turboexpander Sales Price (2020-2031)
1.3 Helium Turboexpander Market Trends & Drivers
1.3.1 Helium Turboexpander Industry Trends
1.3.2 Helium Turboexpander Market Drivers & Opportunity
1.3.3 Helium Turboexpander Market Challenges
1.3.4 Helium Turboexpander Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Helium Turboexpander Players Revenue Ranking (2024)
2.2 Global Helium Turboexpander Revenue by Company (2020-2025)
2.3 Global Helium Turboexpander Players Sales Volume Ranking (2024)
2.4 Global Helium Turboexpander Sales Volume by Company Players (2020-2025)
2.5 Global Helium Turboexpander Average Price by Company (2020-2025)
2.6 Key Manufacturers Helium Turboexpander Manufacturing Base and Headquarters
2.7 Key Manufacturers Helium Turboexpander Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Helium Turboexpander
2.9 Helium Turboexpander Market Competitive Analysis
2.9.1 Helium Turboexpander Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Helium Turboexpander Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Helium Turboexpander as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Impulse Helium Turboexpander
3.1.2 Reactionary Helium Turboexpander
3.2 Global Helium Turboexpander Sales Value by Type
3.2.1 Global Helium Turboexpander Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Helium Turboexpander Sales Value, by Type (2020-2031)
3.2.3 Global Helium Turboexpander Sales Value, by Type (%) (2020-2031)
3.3 Global Helium Turboexpander Sales Volume by Type
3.3.1 Global Helium Turboexpander Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Helium Turboexpander Sales Volume, by Type (2020-2031)
3.3.3 Global Helium Turboexpander Sales Volume, by Type (%) (2020-2031)
3.4 Global Helium Turboexpander Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Liquid Helium Production
4.1.2 Helium Recovery
4.1.3 Other
4.2 Global Helium Turboexpander Sales Value by Application
4.2.1 Global Helium Turboexpander Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Helium Turboexpander Sales Value, by Application (2020-2031)
4.2.3 Global Helium Turboexpander Sales Value, by Application (%) (2020-2031)
4.3 Global Helium Turboexpander Sales Volume by Application
4.3.1 Global Helium Turboexpander Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Helium Turboexpander Sales Volume, by Application (2020-2031)
4.3.3 Global Helium Turboexpander Sales Volume, by Application (%) (2020-2031)
4.4 Global Helium Turboexpander Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Helium Turboexpander Sales Value by Region
5.1.1 Global Helium Turboexpander Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Helium Turboexpander Sales Value by Region (2020-2025)
5.1.3 Global Helium Turboexpander Sales Value by Region (2026-2031)
5.1.4 Global Helium Turboexpander Sales Value by Region (%), (2020-2031)
5.2 Global Helium Turboexpander Sales Volume by Region
5.2.1 Global Helium Turboexpander Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Helium Turboexpander Sales Volume by Region (2020-2025)
5.2.3 Global Helium Turboexpander Sales Volume by Region (2026-2031)
5.2.4 Global Helium Turboexpander Sales Volume by Region (%), (2020-2031)
5.3 Global Helium Turboexpander Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Helium Turboexpander Sales Value, 2020-2031
5.4.2 North America Helium Turboexpander Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Helium Turboexpander Sales Value, 2020-2031
5.5.2 Europe Helium Turboexpander Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Helium Turboexpander Sales Value, 2020-2031
5.6.2 Asia Pacific Helium Turboexpander Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Helium Turboexpander Sales Value, 2020-2031
5.7.2 South America Helium Turboexpander Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Helium Turboexpander Sales Value, 2020-2031
5.8.2 Middle East & Africa Helium Turboexpander Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Helium Turboexpander Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Helium Turboexpander Sales Value and Sales Volume
6.2.1 Key Countries/Regions Helium Turboexpander Sales Value, 2020-2031
6.2.2 Key Countries/Regions Helium Turboexpander Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Helium Turboexpander Sales Value, 2020-2031
6.3.2 United States Helium Turboexpander Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Helium Turboexpander Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Helium Turboexpander Sales Value, 2020-2031
6.4.2 Europe Helium Turboexpander Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Helium Turboexpander Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Helium Turboexpander Sales Value, 2020-2031
6.5.2 China Helium Turboexpander Sales Value by Type (%), 2024 VS 2031
6.5.3 China Helium Turboexpander Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Helium Turboexpander Sales Value, 2020-2031
6.6.2 Japan Helium Turboexpander Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Helium Turboexpander Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Helium Turboexpander Sales Value, 2020-2031
6.7.2 South Korea Helium Turboexpander Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Helium Turboexpander Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Helium Turboexpander Sales Value, 2020-2031
6.8.2 Southeast Asia Helium Turboexpander Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Helium Turboexpander Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Helium Turboexpander Sales Value, 2020-2031
6.9.2 India Helium Turboexpander Sales Value by Type (%), 2024 VS 2031
6.9.3 India Helium Turboexpander Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Cryostar
7.1.1 Cryostar Company Information
7.1.2 Cryostar Introduction and Business Overview
7.1.3 Cryostar Helium Turboexpander Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Cryostar Helium Turboexpander Product Offerings
7.1.5 Cryostar Recent Development
7.2 Atlas Copco
7.2.1 Atlas Copco Company Information
7.2.2 Atlas Copco Introduction and Business Overview
7.2.3 Atlas Copco Helium Turboexpander Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Atlas Copco Helium Turboexpander Product Offerings
7.2.5 Atlas Copco Recent Development
7.3 GE(Baker Hughes)
7.3.1 GE(Baker Hughes) Company Information
7.3.2 GE(Baker Hughes) Introduction and Business Overview
7.3.3 GE(Baker Hughes) Helium Turboexpander Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 GE(Baker Hughes) Helium Turboexpander Product Offerings
7.3.5 GE(Baker Hughes) Recent Development
7.4 Air Products
7.4.1 Air Products Company Information
7.4.2 Air Products Introduction and Business Overview
7.4.3 Air Products Helium Turboexpander Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 Air Products Helium Turboexpander Product Offerings
7.4.5 Air Products Recent Development
7.5 ACD
7.5.1 ACD Company Information
7.5.2 ACD Introduction and Business Overview
7.5.3 ACD Helium Turboexpander Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 ACD Helium Turboexpander Product Offerings
7.5.5 ACD Recent Development
7.6 L.A. Turbine
7.6.1 L.A. Turbine Company Information
7.6.2 L.A. Turbine Introduction and Business Overview
7.6.3 L.A. Turbine Helium Turboexpander Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 L.A. Turbine Helium Turboexpander Product Offerings
7.6.5 L.A. Turbine Recent Development
7.7 Turbogaz
7.7.1 Turbogaz Company Information
7.7.2 Turbogaz Introduction and Business Overview
7.7.3 Turbogaz Helium Turboexpander Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Turbogaz Helium Turboexpander Product Offerings
7.7.5 Turbogaz Recent Development
7.8 Samsung
7.8.1 Samsung Company Information
7.8.2 Samsung Introduction and Business Overview
7.8.3 Samsung Helium Turboexpander Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Samsung Helium Turboexpander Product Offerings
7.8.5 Samsung Recent Development
7.9 RMG
7.9.1 RMG Company Information
7.9.2 RMG Introduction and Business Overview
7.9.3 RMG Helium Turboexpander Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 RMG Helium Turboexpander Product Offerings
7.9.5 RMG Recent Development
7.10 Hangyang Group
7.10.1 Hangyang Group Company Information
7.10.2 Hangyang Group Introduction and Business Overview
7.10.3 Hangyang Group Helium Turboexpander Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 Hangyang Group Helium Turboexpander Product Offerings
7.10.5 Hangyang Group Recent Development
7.11 SASPG
7.11.1 SASPG Company Information
7.11.2 SASPG Introduction and Business Overview
7.11.3 SASPG Helium Turboexpander Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 SASPG Helium Turboexpander Product Offerings
7.11.5 SASPG Recent Development
7.12 HNEC
7.12.1 HNEC Company Information
7.12.2 HNEC Introduction and Business Overview
7.12.3 HNEC Helium Turboexpander Sales, Revenue, Price and Gross Margin (2020-2025)
7.12.4 HNEC Helium Turboexpander Product Offerings
7.12.5 HNEC Recent Development
7.13 Suzhou Xida
7.13.1 Suzhou Xida Company Information
7.13.2 Suzhou Xida Introduction and Business Overview
7.13.3 Suzhou Xida Helium Turboexpander Sales, Revenue, Price and Gross Margin (2020-2025)
7.13.4 Suzhou Xida Helium Turboexpander Product Offerings
7.13.5 Suzhou Xida Recent Development
7.14 Beifang Asp
7.14.1 Beifang Asp Company Information
7.14.2 Beifang Asp Introduction and Business Overview
7.14.3 Beifang Asp Helium Turboexpander Sales, Revenue, Price and Gross Margin (2020-2025)
7.14.4 Beifang Asp Helium Turboexpander Product Offerings
7.14.5 Beifang Asp Recent Development
7.15 Jianyang Ruite
7.15.1 Jianyang Ruite Company Information
7.15.2 Jianyang Ruite Introduction and Business Overview
7.15.3 Jianyang Ruite Helium Turboexpander Sales, Revenue, Price and Gross Margin (2020-2025)
7.15.4 Jianyang Ruite Helium Turboexpander Product Offerings
7.15.5 Jianyang Ruite Recent Development
7.16 Huayu
7.16.1 Huayu Company Information
7.16.2 Huayu Introduction and Business Overview
7.16.3 Huayu Helium Turboexpander Sales, Revenue, Price and Gross Margin (2020-2025)
7.16.4 Huayu Helium Turboexpander Product Offerings
7.16.5 Huayu Recent Development
7.17 Air Liquide
7.17.1 Air Liquide Company Information
7.17.2 Air Liquide Introduction and Business Overview
7.17.3 Air Liquide Helium Turboexpander Sales, Revenue, Price and Gross Margin (2020-2025)
7.17.4 Air Liquide Helium Turboexpander Product Offerings
7.17.5 Air Liquide Recent Development
7.18 Hanwha
7.18.1 Hanwha Company Information
7.18.2 Hanwha Introduction and Business Overview
7.18.3 Hanwha Helium Turboexpander Sales, Revenue, Price and Gross Margin (2020-2025)
7.18.4 Hanwha Helium Turboexpander Product Offerings
7.18.5 Hanwha Recent Development
8 Industry Chain Analysis
8.1 Helium Turboexpander Industrial Chain
8.2 Helium Turboexpander Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Helium Turboexpander Sales Model
8.5.2 Sales Channel
8.5.3 Helium Turboexpander Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer

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