Market Overview:
The global Stirling cryocoolers 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 cryocoolers in military, biology and medical use, research and development, space applications, and others. In terms of type, the global Stirling cryocoolers market is segmented into single stage cryocooler, two stage cryocooler, and multi-stagecryocooler. The single stagecryocooler segment is expected to hold the largest share of the global Stirling Crycoolers Market by 2030 owing to its low cost and high efficiency as compared to other types ofcrycoolers.
Product Definition:
Stirling Cryocoolers are devices that use a Stirling engine to produce cold temperatures. They are important because they can be used to cool objects or systems without the need for electricity.
Single Stage:
Single stage is the simplest type of Stirling Cryocooler. It has no moving parts and can be used for both small and large capacity applications. The simple design makes it reliable, easy to install, service & repair and economical to manufacture.
The growth factor in the single stage market is its application in various end-use industries such as food processing equipment, automotive industry components & electronics cooling devices among others which include aerospace & defense components manufacturing facilities too.
Two Stage:
The two-stage cooling is used in the Stirling Cryocoolers market to decrease the temperature of a product. It consists of a heat exchanger that transfers heat from one medium to another at a lower or higher temperature. The most common example is water transferring heat from the hot plate to the coolant, which becomes less warm and therefore can be put into service without causing any harm.
Application Insights:
The biology and medical use segment dominated the global market in terms of revenue share in 2017. This can be attributed to the high demand for stirling cryocoolers from countries, such as India, China, Brazil and other South Asian countries. The military application segment is expected to witness lucrative growth over the forecast period owing to rising defense expenditure by various governments across the world.
Stirling cryocoolers are used for space applications as they provide efficient cooling without using any liquid or gas propellant thus making them eco-friendly. They are also used on a large scale in research and development activities pertaining to satellites and launch vehicles due to their ability To freeze any liquid with extreme precision resulting in minimal thermal impact on surrounding objects thus providing better accuracy while launching satellites into orbit around Earth¢â‚¬â„¢s equator at high speed ( orbital velocity).
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of space agencies and military bases across the region. The U.S., being one of the most developed countries, has many research facilities that use stirling cryocoolers for their laboratories and R&D centers.
The Asia Pacific regional market is expected to grow at a lucrative rate over the forecast period owing to an increase in demand from emerging economies such as China and India.
Growth Factors:
- Increasing demand for cryocoolers in the medical sector for cooling of sensitive equipment and preserving biological samples
- Growing demand from the defense sector for use in missiles, satellites, and other applications
- Rising popularity of cryocoolers in the semiconductor industry to maintain low temperatures during manufacturing processes
- Increasing use of cryocoolers in research laboratories to cool down sensitive equipment used in experiments
- Proliferation of portable devices that require efficient cooling solutions, such as laptops and smartphones
Scope Of The Report
Report Attributes
Report Details
Report Title
Stirling Cryocoolers Market Research Report
By Type
Single Stage, Two Stage, Multi Stage
By Application
Military, Biology and Medical Use, Research and Development, Space, Others
By Companies
Sumitomo Heavy Industries, Sunpower, Inc, Cryomech, Inc, Thales Cryogenics, Brooks Automation, Inc, DH Industries BV, Ricor-Cryogenic & Vacuum Systems, Chart Industries, Inc, Advanced Research System, Inc, Superconductor Technologies, Inc
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Stirling Cryocoolers Market Report Segments:
The global Stirling Cryocoolers market is segmented on the basis of:
Types
Single Stage, Two Stage, Multi Stage
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, Biology and Medical Use, Research and Development, Space, 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:
- Sumitomo Heavy Industries
- Sunpower, Inc
- Cryomech, Inc
- Thales Cryogenics
- Brooks Automation, Inc
- DH Industries BV
- Ricor-Cryogenic & Vacuum Systems
- Chart Industries, Inc
- Advanced Research System, Inc
- Superconductor Technologies, Inc
Highlights of The Stirling Cryocoolers 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
- Two Stage
- Multi Stage
- By Application:
- Military
- Biology and Medical Use
- Research and Development
- Space
- 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 Stirling Cryocoolers 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
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?
Stirling cryocoolers are a type of refrigeration system that uses the Stirling engine to produce cooling. They are often used in laboratories and other places where precise temperature control is important, such as hospitals.
Some of the key players operating in the stirling cryocoolers market are Sumitomo Heavy Industries, Sunpower, Inc, Cryomech, Inc, Thales Cryogenics, Brooks Automation, Inc, DH Industries BV, Ricor-Cryogenic & Vacuum Systems, Chart Industries, Inc, Advanced Research System, Inc, Superconductor Technologies, Inc.
The stirling cryocoolers market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Stirling Cryocoolers 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. Stirling Cryocoolers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Stirling Cryocoolers Market - Supply Chain
4.5. Global Stirling Cryocoolers Market Forecast
4.5.1. Stirling Cryocoolers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Stirling Cryocoolers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Stirling Cryocoolers Market Absolute $ Opportunity
5. Global Stirling Cryocoolers 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. Stirling Cryocoolers Market Size and Volume Forecast by Type
5.3.1. Single Stage
5.3.2. Two Stage
5.3.3. Multi Stage
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Stirling Cryocoolers 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. Stirling Cryocoolers Market Size and Volume Forecast by Application
6.3.1. Military
6.3.2. Biology and Medical Use
6.3.3. Research and Development
6.3.4. Space
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Stirling Cryocoolers 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. Stirling Cryocoolers 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 Stirling Cryocoolers 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. Stirling Cryocoolers 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 Stirling Cryocoolers Demand Share Forecast, 2019-2026
9. North America Stirling Cryocoolers 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 Stirling Cryocoolers 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 Stirling Cryocoolers Market Size and Volume Forecast by Application
9.4.1. Military
9.4.2. Biology and Medical Use
9.4.3. Research and Development
9.4.4. Space
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Stirling Cryocoolers Market Size and Volume Forecast by Type
9.7.1. Single Stage
9.7.2. Two Stage
9.7.3. Multi Stage
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 Stirling Cryocoolers Demand Share Forecast, 2019-2026
10. Latin America Stirling Cryocoolers 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 Stirling Cryocoolers 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 Stirling Cryocoolers Market Size and Volume Forecast by Application
10.4.1. Military
10.4.2. Biology and Medical Use
10.4.3. Research and Development
10.4.4. Space
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Stirling Cryocoolers Market Size and Volume Forecast by Type
10.7.1. Single Stage
10.7.2. Two Stage
10.7.3. Multi Stage
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 Stirling Cryocoolers Demand Share Forecast, 2019-2026
11. Europe Stirling Cryocoolers 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 Stirling Cryocoolers 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 Stirling Cryocoolers Market Size and Volume Forecast by Application
11.4.1. Military
11.4.2. Biology and Medical Use
11.4.3. Research and Development
11.4.4. Space
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Stirling Cryocoolers Market Size and Volume Forecast by Type
11.7.1. Single Stage
11.7.2. Two Stage
11.7.3. Multi Stage
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 Stirling Cryocoolers Demand Share, 2019-2026
12. Asia Pacific Stirling Cryocoolers 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 Stirling Cryocoolers 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 Stirling Cryocoolers Market Size and Volume Forecast by Application
12.4.1. Military
12.4.2. Biology and Medical Use
12.4.3. Research and Development
12.4.4. Space
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Stirling Cryocoolers Market Size and Volume Forecast by Type
12.7.1. Single Stage
12.7.2. Two Stage
12.7.3. Multi Stage
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 Stirling Cryocoolers Demand Share, 2019-2026
13. Middle East & Africa Stirling Cryocoolers 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 Stirling Cryocoolers 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 Stirling Cryocoolers Market Size and Volume Forecast by Application
13.4.1. Military
13.4.2. Biology and Medical Use
13.4.3. Research and Development
13.4.4. Space
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Stirling Cryocoolers Market Size and Volume Forecast by Type
13.7.1. Single Stage
13.7.2. Two Stage
13.7.3. Multi Stage
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 Stirling Cryocoolers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Stirling Cryocoolers Market: Market Share Analysis
14.2. Stirling Cryocoolers Distributors and Customers
14.3. Stirling Cryocoolers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Sumitomo Heavy Industries
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Sunpower, 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. Brooks Automation, Inc
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. DH Industries BV
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Ricor-Cryogenic & Vacuum Systems
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Chart Industries, Inc
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Advanced Research System, Inc
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Superconductor Technologies, Inc
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
