DUBLIN--(BUSINESS WIRE)--May 14, 2018--The "Global Cryocooler Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The global cryocooler market is forecast to grow at a CAGR of 6.41% during the period 2018-2022.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in the market is development of cryocoolers for space applications. With the growing usage of cryogenic detectors for space applications, vendors in the stirling cryocoolers market are increasingly focusing on manufacturing miniature cryocoolers for the convenient development of cryogen-free (helium-free) satellites.

According to the report, one driver in the market is scarcity of helium (rapid shortage of helium gas). With the increased use of Helium gas in airships, MRI scanners, and other end-user industries owing to its non-flammable, odorless, colorless, and non-toxic properties, the scare resource has been depleting at a comparatively higher rate.

Further, the report states that one challenge in the market is performance challenge of cryocoolers. A primary constraint for cryocoolers is that they require pure nitrogen or argon gas of very high pressure to achieve even a modest efficiency.

Key Vendors

AMETEK Brooks Automation Cryomech Sumitomo Heavy Industries Thales Group

Key Topics Covered

1. Executive Summary

2. Scope of the Report

3. Research Methodology

4. Market Landscape

5. Market Sizing

6. Five Forces Analysis

7. Market Segmentation by Type

8. Market Segmentation by Industry

9. Customer Landscape

10. Regional Landscape

11. Decision Framework

12. Drivers and Challenges

13. Market Trends

14. Vendor Landscape

15. Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/p7l8z3/global_cryocooler?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180514005497/en/

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SOURCE: Research and Markets

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PUB: 05/14/2018 06:04 AM/DISC: 05/14/2018 06:04 AM