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Cryocooler Market by Type (GM, PT, JT, Stirling, and Brayton Cryocoolers), Service (Technical Support, Product Repairs & Refurbishment, Preventive Maintenance, and Customer Training), Application, and Geography - Global Forecast to 2022
The global cryocooler market is expected to reach USD 2.94 Billion by 2022, at a CAGR of 7.29% between 2016 and 2022. The growth of this market is majorly driven by the growing medical & healthcare services in developing economies and rapid shortage of helium gas. In addition, factors such as growing demand for cryocoolers in space applications and development of cryocoolers for microsatellite military applications provide significant growth opportunities for the cryocooler market.
|April 2016||$ 4650|