Global Cryocooler Market Research Report to 2020

Published: September 2016
No. of Pages: 121

The cryocooler market is expected to reach USD 2.48 billion by 2021, at a CAGR of 5.62% between 2016 and 2021. The major factors contributing to the growth of this market include the growing medical & healthcare services in developing economies and increasing production of the liquefied natural gas over the last couple of years.

The cryocooler market based on type is segmented into GM, PT, Stirling, JT, and Brayton cryocoolers. The market for Stirling cryocoolers is expected to grow at the highest rate between 2016 and 2021 in the global cryocooler market. The major factors contributing to the growth of this market include growing adoption of these cryocoolers in a variety of applications such as space, military, medical, and commercial among others. The Stirling cryocoolers are small in size and offer higher efficiencies compared to the other cryocoolers.

Published By: QYResearch Group
Product Code: QYResearch Group308177

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