Market Overview:
The global pulse tube refrigerator (PTR) market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for PTRs from various end-use industries, such as military, electronics, energy, space and research and development. In addition, the growing awareness about the benefits of using PTRs is also contributing to the growth of this market. On the basis of type, single-stage pulse tube refrigerators are expected to account for a larger share in terms of revenue in 2018 as compared to two-stage pulse tube refrigerators.
 Industry Outlook.svg)
Product Definition:
A pulse tube refrigerator (PTR) is a device that uses a series of sound waves to pump refrigerant through the system. This type of refrigerator is important because it can achieve very low temperatures without using much energy.
Single-Stage Pulse Tube Refrigerator:
Single-stage pulse tube refrigerator (SPTR) is a type of deep freezers used to store biological and medical samples at extremely low temperatures. It consists of one or more refrigerators, which are connected by tubes filled with liquid nitrogen. The sample is placed in the middle of the tube, where it is insulated by the liquid nitrogen that flows through the tube towards the other end.
Two-Stage Pulse Tube Refrigerator:
The two-stage pulse tube refrigerator (2SR) is a special type of cryogenic storage system that uses liquid hydrogen as the working fluid. The 2SR is used to store and preserve biological and medical research samples at extremely low temperatures. It has applications in cell culture work, biopsy specimens, DNA/RNA samples, tissue blocks & libraries, stem cells & cellular lines; thus making it an essential tool for researchers in various fields such as life science industries and academic institutes.
Application Insights:
The military application segment led the global market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing spending on military research and development as well as procurement of pulse tube refrigerators from vendors, such as General Electric Company, Honeywell International Inc., and others for space exploration programs.
Electronics industry is one of the prominent end-users of PTRs due to its criticality towards temperature stability during various operations including data storage, semiconductor packaging, circuit board manufacturing, etc. Electronics manufacturers are focusing on reducing their energy consumption by adopting environment-friendly solutions such as using recycled materials for manufacturing insulation products along with exploring new technologies that reduce carbon emissions during production processes without compromising with performance requirements.
Regional Analysis:
North America dominated the global market in 2017. The growth is majorly driven by the U.S., which accounted for over 80% of North America’s total revenue share in 2017 owing to high investments and research activities related to cold storage carried out within the country. Moreover, increasing demand for technologically advanced medical devices along with a rise in healthcare spending is expected to drive this regional market further.
Asia Pacific is expected to be one of the fastest-growing regions during the forecast period due to rising healthcare expenditure and improving economic conditions across emerging countries such as China, India, Indonesia, Malaysia Philippines Singapore Thailand Vietnam etc., thereby boosting product demand Medical equipment manufacturers are also shifting their focus towards developing cost-effective products that meet local needs Pulse tube refrigerators have several advantages such as compact size lightweight power consumption etc.
Growth Factors:
- Increasing demand for energy-efficient appliances: The global market for energy-efficient appliances is expected to grow at a CAGR of more than 9% during the forecast period. This is primarily owing to the increasing awareness about the benefits of using energy-efficient appliances among consumers. Pulse tube refrigerators are one of the most efficient types of refrigerators and are hence witnessing high demand from consumers across the globe.
- Rising disposable income levels: A rise in disposable income levels has led to an increase in consumer spending on home appliances, including pulse tube refrigerators. In addition, an increase in purchasing power has encouraged consumers to upgrade their old home appliances with new and more efficient ones, such as pulse tube refrigerators. This is further contributing to the growth of the global PTR market.
- Technological advancements: The development of new technologies that improve performance and efficiency is aiding in the growth of the global PTR market . For instance, recent technological advancements have enabled manufacturers to develop pulse tube refrigerator models that consume less power as compared to earlier models . Such innovations are attracting a large number of consumers towards these products , thereby propellingthe growthof thismarket segment .
Scope Of The Report
Report Attributes
Report Details
Report Title
Pulse Tube Refrigerator (PTR) Market Research Report
By Type
Single-Stage Pulse Tube Refrigerator, Two-Stage Pulse Tube Refrigerator
By Application
Military, Electronics, Energy, Space, Research and Development, Others
By Companies
SHI Cryogenics, Chart Industries, Inc., Cryomech, Inc, Thales Cryogenics, Cobham, AIM, Lihantech, ULVAC Cryogenics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Pulse Tube Refrigerator (PTR) Market Report Segments:
The global Pulse Tube Refrigerator (PTR) market is segmented on the basis of:
Types
Single-Stage Pulse Tube Refrigerator, Two-Stage Pulse Tube Refrigerator
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Military, Electronics, Energy, Space, Research and Development, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SHI Cryogenics
- Chart Industries, Inc.
- Cryomech, Inc
- Thales Cryogenics
- Cobham
- AIM
- Lihantech
- ULVAC Cryogenics
 Market Overview.svg)
Highlights of The Pulse Tube Refrigerator (PTR) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single-Stage Pulse Tube Refrigerator
- Two-Stage Pulse Tube Refrigerator
- By Application:
- Military
- Electronics
- Energy
- Space
- Research and Development
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Pulse Tube Refrigerator (PTR) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A pulse tube refrigerator (PTR) is a type of cryogenic refrigeration system that uses a pulsed electric current to cool the air inside the refrigerator. The electric current causes liquid helium to flow through tubes in the walls of the refrigerator, creating an extremely low temperature environment.
Some of the major players in the pulse tube refrigerator (ptr) market are SHI Cryogenics, Chart Industries, Inc., Cryomech, Inc, Thales Cryogenics, Cobham, AIM, Lihantech, ULVAC Cryogenics.
The pulse tube refrigerator (ptr) market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Pulse Tube Refrigerator (PTR) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Pulse Tube Refrigerator (PTR) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Pulse Tube Refrigerator (PTR) Market - Supply Chain
4.5. Global Pulse Tube Refrigerator (PTR) Market Forecast
4.5.1. Pulse Tube Refrigerator (PTR) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Pulse Tube Refrigerator (PTR) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Pulse Tube Refrigerator (PTR) Market Absolute $ Opportunity
5. Global Pulse Tube Refrigerator (PTR) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Pulse Tube Refrigerator (PTR) Market Size and Volume Forecast by Type
5.3.1. Single-Stage Pulse Tube Refrigerator
5.3.2. Two-Stage Pulse Tube Refrigerator
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Pulse Tube Refrigerator (PTR) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Pulse Tube Refrigerator (PTR) Market Size and Volume Forecast by Application
6.3.1. Military
6.3.2. Electronics
6.3.3. Energy
6.3.4. Space
6.3.5. Research and Development
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Pulse Tube Refrigerator (PTR) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Pulse Tube Refrigerator (PTR) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Pulse Tube Refrigerator (PTR) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Pulse Tube Refrigerator (PTR) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Pulse Tube Refrigerator (PTR) Demand Share Forecast, 2019-2026
9. North America Pulse Tube Refrigerator (PTR) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Pulse Tube Refrigerator (PTR) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Pulse Tube Refrigerator (PTR) Market Size and Volume Forecast by Application
9.4.1. Military
9.4.2. Electronics
9.4.3. Energy
9.4.4. Space
9.4.5. Research and Development
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Pulse Tube Refrigerator (PTR) Market Size and Volume Forecast by Type
9.7.1. Single-Stage Pulse Tube Refrigerator
9.7.2. Two-Stage Pulse Tube Refrigerator
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Pulse Tube Refrigerator (PTR) Demand Share Forecast, 2019-2026
10. Latin America Pulse Tube Refrigerator (PTR) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Pulse Tube Refrigerator (PTR) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Pulse Tube Refrigerator (PTR) Market Size and Volume Forecast by Application
10.4.1. Military
10.4.2. Electronics
10.4.3. Energy
10.4.4. Space
10.4.5. Research and Development
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Pulse Tube Refrigerator (PTR) Market Size and Volume Forecast by Type
10.7.1. Single-Stage Pulse Tube Refrigerator
10.7.2. Two-Stage Pulse Tube Refrigerator
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Pulse Tube Refrigerator (PTR) Demand Share Forecast, 2019-2026
11. Europe Pulse Tube Refrigerator (PTR) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Pulse Tube Refrigerator (PTR) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Pulse Tube Refrigerator (PTR) Market Size and Volume Forecast by Application
11.4.1. Military
11.4.2. Electronics
11.4.3. Energy
11.4.4. Space
11.4.5. Research and Development
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Pulse Tube Refrigerator (PTR) Market Size and Volume Forecast by Type
11.7.1. Single-Stage Pulse Tube Refrigerator
11.7.2. Two-Stage Pulse Tube Refrigerator
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Pulse Tube Refrigerator (PTR) Demand Share, 2019-2026
12. Asia Pacific Pulse Tube Refrigerator (PTR) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Pulse Tube Refrigerator (PTR) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Pulse Tube Refrigerator (PTR) Market Size and Volume Forecast by Application
12.4.1. Military
12.4.2. Electronics
12.4.3. Energy
12.4.4. Space
12.4.5. Research and Development
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Pulse Tube Refrigerator (PTR) Market Size and Volume Forecast by Type
12.7.1. Single-Stage Pulse Tube Refrigerator
12.7.2. Two-Stage Pulse Tube Refrigerator
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Pulse Tube Refrigerator (PTR) Demand Share, 2019-2026
13. Middle East & Africa Pulse Tube Refrigerator (PTR) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Pulse Tube Refrigerator (PTR) Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Pulse Tube Refrigerator (PTR) Market Size and Volume Forecast by Application
13.4.1. Military
13.4.2. Electronics
13.4.3. Energy
13.4.4. Space
13.4.5. Research and Development
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Pulse Tube Refrigerator (PTR) Market Size and Volume Forecast by Type
13.7.1. Single-Stage Pulse Tube Refrigerator
13.7.2. Two-Stage Pulse Tube Refrigerator
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Pulse Tube Refrigerator (PTR) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Pulse Tube Refrigerator (PTR) Market: Market Share Analysis
14.2. Pulse Tube Refrigerator (PTR) Distributors and Customers
14.3. Pulse Tube Refrigerator (PTR) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. SHI Cryogenics
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Chart Industries, Inc.
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Cryomech, Inc
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Thales Cryogenics
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Cobham
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. AIM
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Lihantech
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. ULVAC Cryogenics
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
