Table of Content

1    INTRODUCTION    31
1.1    STUDY OBJECTIVES    31
1.2    MARKET DEFINITION    31
1.3    STUDY SCOPE    32
1.3.1    MARKETS COVERED    32
1.3.2    YEARS CONSIDERED    32
1.4    CURRENCY    33
1.5    LIMITATIONS    33
1.6    STAKEHOLDERS    33
2    RESEARCH METHODOLOGY    34
2.1    RESEARCH DATA    34
FIGURE 1    CRYOCOOLER MARKET: RESEARCH DESIGN    34
2.1.1    SECONDARY DATA    35
2.1.1.1    List of major secondary sources    35
2.1.1.2    Key data from secondary sources    36
2.1.2    PRIMARY DATA    36
2.1.2.1    Primary interviews with experts    36
2.1.2.2    Breakdown of primaries    37
2.1.2.3    Key data from primary sources    37
2.1.3    SECONDARY AND PRIMARY RESEARCH    38
2.1.3.1    Key industry insights    39
2.2    MARKET SIZE ESTIMATION    39
2.2.1    BOTTOM-UP APPROACH    40
2.2.1.1    Approach for capturing market share by bottom-up analysis
(demand side)    40
FIGURE 2    MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH    40
2.2.2    TOP-DOWN APPROACH    41
2.2.2.1    Approach for capturing market share by top-down analysis
(supply side)    41
FIGURE 3    MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH    41
FIGURE 4    MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE)
FOR CRYOCOOLER MARKET    42
FIGURE 5    MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 (DEMAND SIDE) FOR CRYOCOOLER MARKET    43
2.3    MARKET BREAKDOWN AND DATA TRIANGULATION    44
FIGURE 6    DATA TRIANGULATION    44
2.4    RESEARCH ASSUMPTIONS    45
3    EXECUTIVE SUMMARY    46
3.1    POST-COVID-19: REALISTIC SCENARIO    46
3.2    POST-COVID-19: OPTIMISTIC SCENARIO    47
3.3    POST-COVID-19: PESSIMISTIC SCENARIO    47
FIGURE 7    PRE- AND POST-COVID-19 SCENARIO ANALYSIS: CRYOCOOLER MARKET, 2016–2025 (USD MILLION)    48
FIGURE 8    MILITARY APPLICATION TO HOLD LARGEST SIZE OF CRYOCOOLER
MARKET IN 2025    48
FIGURE 9    GIFFORD-MCMAHON CRYOCOOLERS TO HOLD LARGEST SIZE OF CRYOCOOLER MARKET IN 2025    49
FIGURE 10    CRYOCOOLER MARKET FOR PRODUCT REPAIRS & REFURBISHMENT SERVICES TO GROW AT HIGHEST RATE FROM 2020 TO 2025    50
FIGURE 11    SOUTH AMERICA FOLLOWED BY APAC TO WITNESS HIGHEST GROWTH OF CRYOCOOLER MARKET DURING FORECAST PERIOD    51
4    PREMIUM INSIGHTS    52
4.1    ATTRACTIVE OPPORTUNITIES FOR CRYOCOOLER MARKET    52
FIGURE 12    INCREASING ADOPTION OF CRYOCOOLERS FOR VARIOUS APPLICATIONS TO DRIVE GROWTH OF MARKET DURING FORECAST PERIOD    52
4.2    CRYOCOOLER MARKET IN APAC, BY APPLICATION AND COUNTRY    52
FIGURE 13    JAPAN AND MILITARY TO BE LARGEST SHAREHOLDERS OF CRYOCOOLER MARKET IN APAC IN 2019    52
4.3    CRYOCOOLER MARKET, BY TYPE (2020–2025)    53
FIGURE 14    GIFFORD-MCMAHON CRYOCOOLERS TO HOLD LARGEST SHARE OF CRYOCOOLER MARKET FROM 2020 T0 2025    53
4.4    CRYOCOOLER MARKET, BY SERVICE (2020–2025)    53
FIGURE 15    PREVENTIVE MAINTENANCE SERVICES TO HOLD LARGEST SHARE OF CRYOCOOLER MARKET FROM 2020 T0 2025    53
4.5    CRYOCOOLER MARKET, BY REGION    54
FIGURE 16    AMERICAS TO ACCOUNT FOR LARGEST MARKET SHARE FOR CRYOCOOLER DURING FORECAST PERIOD    54
5    MARKET OVERVIEW    55
5.1    INTRODUCTION    55
5.2    MARKET EVOLUTION    55
FIGURE 17    EVOLUTION OF CRYOCOOLER MARKET    55
5.3    MARKET DYNAMICS    57
FIGURE 18    MARKET DYNAMICS: OVERVIEW    57
5.3.1    DRIVERS    57
5.3.1.1    High rate of depletion of helium    57
FIGURE 19    GRADE-A HELIUM PRICE (USD)    58
5.3.1.2    Surging adoption of cryocoolers in MRI, NMR equipment, and
proton therapy in healthcare sector    58
FIGURE 20    HEALTHCARE EXPENDITURE AS PERCENTAGE OF GDP IN 2019    59
5.3.1.3    Growing demand for liquefied natural gas    59
TABLE 1    NOMINAL LIQUEFACTION CAPACITY (MTPA), 2009–2021    60
5.3.1.4    Increasing adoption of cryocoolers in semiconductor industry, superconducting magnets, and power systems    60
FIGURE 21    IMPACT ANALYSIS: DRIVERS    61
5.3.2    RESTRAINTS    61
5.3.2.1    High input power consumption of cryocoolers    61
FIGURE 22    IMPACT ANALYSIS: RESTRAINTS    62
5.3.3    OPPORTUNITIES    62
5.3.3.1    Rising need for cryogenic refrigeration for space applications    62
TABLE 2    ADVANTAGES AND DISADVANTAGES OF DIFFERENT COOLER TECHNOLOGIES    63
5.3.3.2    Growing demand for cryocoolers with enhanced capabilities and
low cost for microsatellite and military applications    63
FIGURE 23    IMPACT ANALYSIS: OPPORTUNITIES    64
5.3.4    CHALLENGES    64
5.3.4.1    Performance constraints of cryocoolers    64
5.3.4.2    Leakage of cryogen gases    64
FIGURE 24    IMPACT ANALYSIS: CHALLENGES    65
5.3.5    WINNING IMPERATIVE    65
5.3.5.1    Reduction in cost of cryocoolers    65
5.4    CRYOCOOLER MARKET ECOSYSTEM    65
6    INDUSTRY TRENDS    66
6.1    INTRODUCTION    66
6.2    VALUE CHAIN ANALYSIS    66
FIGURE 25    VALUE CHAIN ANALYSIS: MAJOR VALUE IS ADDED DURING MANUFACTURING AND ASSEMBLY PHASES    66
6.3    STRATEGIC BENCHMARKING    67
6.3.1    TECHNOLOGY INTEGRATION AND PRODUCT ENHANCEMENT    67
FIGURE 26    STRATEGIC BENCHMARKING: KEY PLAYERS LARGELY ADOPT
ORGANIC GROWTH STRATEGIES FOR NEW PRODUCTS AND
TECHNOLOGY DEVELOPMENT    67
6.4    PRICING ANALYSIS    68
FIGURE 27    AVERAGE COST FOR PER WATT OF COOLING POWER
(STIRLING AND G-M CRYOCOOLERS), 2016–2025    68
FIGURE 28    AVERAGE MAINTENANCE COST FOR PER WATT OF COOLING POWER (STIRLING AND G-M CRYOCOOLERS), 2016–2025    68
6.5    TECHNOLOGY ANALYSIS    69
6.5.1    DEVELOPMENT OF HIGH-FIELD STRENGTH CRYOCOOLERS FOR
MRI APPLICATION    69
6.5.2    ADVANCEMENTS IN THERMOACOUSTIC LIQUEFACTION    69
6.5.3    INCREASING FOCUS ON LOW-VIBRATION CRYOCOOLERS    69

6.6    PATENT ANALYSIS    70
6.6.1    MAJOR PATENTS BY SUMITOMO    70
6.6.2    MAJOR PATENTS BY SUNPOWER, INC    71
6.6.3    MAJOR PATENTS BY CHART INDUSTRIES    72
6.7    CASE STUDIES    73
6.7.1    CHART INDUSTRY: WTP CASE STUDY    73
6.7.2    CHILLZILLA CASE STUDY    73
7    MARKET, BY OFFERING    75
7.1    INTRODUCTION    76
FIGURE 29    MARKET FOR SERVICES TO GROW AT HIGHER CAGR
DURING FORECAST PERIOD    76
TABLE 3    CRYOCOOLER MARKET, BY OFFERING, 2016–2019 (USD MILLION)    76
TABLE 4    CRYOCOOLER MARKET, BY OFFERING, 2020–2025 (USD MILLION)    76
TABLE 5    CRYOCOOLER MARKET, BY HARDWARE, 2016–2019 (USD MILLION)    77
FIGURE 30    COMPRESSORS TO HOLD LARGEST SIZE OF CRYOCOOLER MARKET
FOR HARDWARE IN 2025    77
TABLE 6    CRYOCOOLER MARKET, BY HARDWARE, 2020–2025 (USD MILLION)    77
7.2    HARDWARE    78
7.2.1    COMPRESSORS    78
7.2.1.1    Surging demand for compact cryocooler compressors with
high power density    78
7.2.2    COLD HEADS    78
7.2.2.1    Rising popularity of 4 K J-M and P-T cryocoolers to propel
demand for cold heads    78
7.2.3    HEAT DISSIPATION PIPES    78
7.2.3.1    Heat dissipation pipes to witness relatively higher growth owing to increasing demand from retrofitting installations    78
7.2.4    POWER CONDITIONING UNITS    79
7.2.4.1    Power conditioning units are most vital components in cryocooler systems for optimum function of other components    79
7.2.5    OTHERS    79
7.3    SERVICES    79
7.3.1    TECHNICAL SUPPORT SERVICES    79
7.3.1.1    Integration services and product support services for customers at their facilities to account for market growth    79
7.3.2    PRODUCT REPAIRS & REFURBISHMENT SERVICES    79
7.3.2.1    Increasing installation of cryocoolers in medical, space, and
military applications to spur growth of product repairs & refurbishment services    79
7.3.3    PREVENTIVE MAINTENANCE SERVICES    80
7.3.3.1    Preventive maintenance services expected to witness substantial demand owing to prevention of downtime and equipment failure    80

7.3.4    CUSTOMER TRAINING SERVICES    80
7.3.4.1    Rising interest among customers toward online training modules to fuel market growth    80
TABLE 7    CRYOCOOLER MARKET, BY SERVICE, 2016–2019 (USD MILLION)    80
FIGURE 31    CRYOCOOLER MARKET FOR PRODUCT REPAIRS & REFURBISHMENT SERVICES TO GROW AT HIGHEST RATE FROM 2020 TO 2025    81
TABLE 8    CRYOCOOLER MARKET, BY SERVICE TYPE, 2020–2025(USD MILLION)    81
8    MARKET, BY HEAT EXCHANGER TYPE    82
8.1    INTRODUCTION    83
FIGURE 32    CRYOCOOLER MARKET, BY HEAT EXCHANGER TYPE    83
TABLE 9    CRYOCOOLER MARKET, BY HEAT EXCHANGER TYPE,
2016–2019 (USD MILLION)    83
FIGURE 33    REGENERATIVE HEAT EXCHANGERS TO LEAD CRYOCOOLER MARKET
FROM 2020 TO 2025    84
TABLE 10    CRYOCOOLER MARKET, BY HEAT EXCHANGER TYPE,
2020–2025 (USD MILLION)    84
8.2    RECUPERATIVE HEAT EXCHANGERS    84
8.2.1    RECUPERATIVE HEAT EXCHANGERS TO WITNESS HIGHER ADOPTION IN JOULE THOMSON AND BRAYTON CRYOCOOLERS    84
TABLE 11    MARKET FOR RECUPERATIVE HEAT EXCHANGERS, BY CRYOCOOLER TYPE, 2016–2019 (USD MILLION)    85
TABLE 12    MARKET FOR RECUPERATIVE HEAT EXCHANGERS, BY CRYOCOOLER TYPE, 2020–2025 (USD MILLION)    85
8.3    REGENERATIVE HEAT EXCHANGERS    85
8.3.1    REGENERATIVE HEAT EXCHANGERS EXPECTED TO WITNESS ACCELERATED DEMAND FOR PULSE-TUBE AND STIRLING CRYOCOOLERS    85
TABLE 13    MARKET FOR REGENERATIVE HEAT EXCHANGERS, BY CRYOCOOLER TYPE, 2016–2019 (USD MILLION)    86
FIGURE 34    MARKET FOR REGENERATIVE HEAT EXCHANGERS FOR STIRLING CRYOCOOLERS TO GROW AT HIGHEST RATE BETWEEN 2020 AND 2025    86
TABLE 14    MARKET FOR REGENERATIVE HEAT EXCHANGERS, BY CRYOCOOLER TYPE, 2020–2025 (USD MILLION)    86
9    MARKET, BY OPERATING CYCLE    87
9.1    INTRODUCTION    88
TABLE 15    CRYOCOOLER MARKET, OPERATING CYCLE TYPE, 2016–2019 (USD MILLION)    88
FIGURE 35    CLOSED-LOOP-CYCLE CRYOCOOLER MARKET TO WITNESS ROBUST GROWTH DURING FORECAST PERIOD    88
TABLE 16    CRYOCOOLER MARKET, BY OPERATING CYCLE TYPE,
2020–2025 (USD MILLION)    88
9.2    OPEN-LOOP-CYCLE CRYOCOOLERS    89
9.2.1    OPEN-LOOP-CYCLE CRYOCOOLERS ARE RELATIVELY CHEAPER THAN CLOSED-LOOP CRYOCOOLERS    89
TABLE 17    OPEN-LOOP-CYCLE CRYOCOOLER MARKET, BY REGION,
2016–2019 (USD MILLION)    89
TABLE 18    OPEN-LOOP-CYCLE CRYOCOOLER MARKET, BY REGION,
2020–2025 (USD MILLION)    89
9.3    CLOSED-LOOP-CYCLE CRYOCOOLERS    90
9.3.1    SURGING DEMAND FOR CLOSED-LOOP-CYCLE CRYOCOOLERS IN
MRI, NIGHT VISION SYSTEMS, AND SUPERCONDUCTING DEVICES TO PROPEL MARKET GROWTH    90
TABLE 19    CLOSED-LOOP-CYCLE CRYOCOOLER MARKET, BY REGION,
2016–2019 (USD MILLION)    91
FIGURE 36    APAC TO WITNESS HIGHEST GROWTH OF CLOSED-CYCLE CRYOCOOLER MARKET DURING FORECAST PERIOD    92
TABLE 20    CLOSED-LOOP-CYCLE CRYOCOOLER MARKET, BY REGION,
2020–2025 (USD MILLION)    92
10    MARKET, BY TYPE    93
10.1    INTRODUCTION    94
FIGURE 37    CRYOCOOLER MARKET, BY TYPE    94
TABLE 21    CRYOCOOLER MARKET, BY TYPE, 2016–2019 (USD MILLION)    94
FIGURE 38    GIFFORD-MCMAHON CRYOCOOLERS TO HOLD LARGEST SIZE OF CRYOCOOLER MARKET IN 2025    94
TABLE 22    CRYOCOOLER MARKET, BY TYPE, 2020–2025 (USD MILLION)    95
10.2    GIFFORD-MCMAHON CRYOCOOLERS    95
10.2.1    GIFFORD-MCMAHON CRYOCOOLERS ARE WIDELY BEING USED IN
MAGNETIC RESONANCE IMAGING EQUIPMENT FOR COOLING DOWN RADIATION SHIELDS    95
TABLE 23    MARKET FOR GIFFORD-MCMAHON CRYOCOOLERS, BY REGION,
2016–2019 (USD MILLION)    96
FIGURE 39    AMERICAS EXPECTED TO HOLD LARGEST SIZE OF MARKET FOR
GIFFORD-MCMAHON CRYOCOOLERS IN 2025    96
TABLE 24    MARKET FOR GIFFORD-MCMAHON CRYOCOOLERS, BY REGION,
2020–2025 (USD MILLION)    96
TABLE 25    MARKET FOR GIFFORD-MCMAHON CRYOCOOLERS, BY APPLICATION,
2016–2019 (USD MILLION)    97
TABLE 26    MARKET FOR GIFFORD-MCMAHON CRYOCOOLERS, BY APPLICATION,
2020–2025 (USD MILLION)    97
10.3    PULSE-TUBE CRYOCOOLERS    98
10.3.1    PULSE-TUBE CRYOCOOLERS OFFER VARIOUS ADVANTAGES INCLUDING
LESS VIBRATION, HIGHER RELIABILITY, AND LOWER COST OVER
OTHER CRYOCOOLERS    98
TABLE 27    MARKET FOR PULSE-TUBE CRYOCOOLERS, BY REGION,
2016–2019 (USD MILLION)    98
FIGURE 40    AMERICAS TO HOLD LARGEST SIZE OF MARKET FOR PULSE-TUBE CRYOCOOLERS FROM 2020 TO 2025    99
TABLE 28    MARKET FOR PULSE-TUBE CRYOCOOLERS, BY REGION,
2020–2025 (USD MILLION)    99
TABLE 29    MARKET FOR PULSE-TUBE CRYOCOOLERS, BY APPLICATION,
2016–2019 (USD MILLION)    100
TABLE 30    MARKET FOR PULSE-TUBE CRYOCOOLERS, BY APPLICATION,
2020–2025 (USD MILLION)    100
10.4    STIRLING CRYOCOOLERS    101
10.4.1    STIRLING CRYOCOOLERS TO WITNESS INCREASED DEMAND FOR COOLING DOWN INFRARED DETECTORS IN MILITARY NIGHT VISION EQUIPMENT    101
TABLE 31    LEGACY PROGRAMS WHEREIN STIRLING CRYOCOOLERS WERE USED    101
TABLE 32    MARKET FOR STIRLING CRYOCOOLERS, BY REGION,
2016–2019 (USD MILLION)    102
FIGURE 41    MARKET FOR STIRLING CRYOCOOLERS IN APAC TO GROW AT
HIGHEST RATE FROM 2020 TO 2025    102
TABLE 33    MARKET FOR STIRLING CRYOCOOLERS, BY REGION,
2020–2025 (USD MILLION)    102
TABLE 34    MARKET FOR STIRLING CRYOCOOLERS, BY APPLICATION,
2016–2019 (USD MILLION)    103
TABLE 35    MARKET FOR STIRLING CRYOCOOLERS, BY APPLICATION,
2020–2025 (USD MILLION)    103
10.5    JOULE-THOMSON CRYOCOOLERS    104
10.5.1    LONGER LIFE CYCLE OF JOULE-THOMSON CRYOCOOLERS IS MAJOR FACTOR FOR THEIR HIGHER ADOPTION    104
TABLE 36    MARKET FOR JOULE THOMSON CRYOCOOLERS, BY REGION,
2016–2019 (USD MILLION)    104
FIGURE 42    AMERICAS TO HOLD LARGEST SIZE OF MARKET FOR JOULE THOMSON CRYOCOOLERS IN 20225    104
TABLE 37    MARKET FOR JOULE THOMSON CRYOCOOLERS, BY REGION,
2020–2025 (USD MILLION)    105
TABLE 38    MARKET FOR JOULE THOMSON CRYOCOOLERS, BY APPLICATION,
2016–2019 (USD MILLION)    105
TABLE 39    MARKET FOR JOULE THOMSON CRYOCOOLERS, BY APPLICATION,
2020–2025 (USD MILLION)    106
10.6    BRAYTON CRYOCOOLERS    106
10.6.1    LOW VIBRATION OF BRAYTON CRYOCOOLERS MAKES THEM
SUITABLE FOR USE IN SENSITIVE TELESCOPES    106
TABLE 40    MARKET FOR BRAYTON CRYOCOOLERS, BY REGION,
2016–2019 (USD MILLION)    106
FIGURE 43    MARKET FOR BRAYTON CRYOCOOLERS IN APAC TO GROW AT HIGHEST
CAGR FROM 2020 TO 2025    107
TABLE 41    MARKET FOR BRAYTON CRYOCOOLERS, BY REGION,
2020–2025 (USD MILLION)    107
TABLE 42    MARKET FOR BRAYTON CRYOCOOLERS, BY APPLICATION,
2016–2019 (USD MILLION)    107
TABLE 43    MARKET FOR BRAYTON CRYOCOOLERS, BY APPLICATION,
2020–2025 (USD MILLION)    108
11    MARKET, BY APPLICATION    109
11.1    INTRODUCTION    110
FIGURE 44    CRYOCOOLER MARKET, BY APPLICATION    110
FIGURE 45    MILITARY APPLICATION TO HOLD LARGEST SIZE OF CRYOCOOLER
MARKET IN 2025    110
TABLE 44    CRYOCOOLER MARKET, BY APPLICATION, 2016–2019 (USD MILLION)    111
TABLE 45    CRYOCOOLER MARKET, BY APPLICATION, 2020–2025 (USD MILLION)    111
11.2    MILITARY    112
11.2.1    IR SENSORS FOR MISSILE GUIDANCE    112
11.2.2    IR SENSORS FOR SATELLITE-BASED SURVEILLANCE    112
TABLE 46    CRYOCOOLER MARKET FOR MILITARY APPLICATIONS, BY TYPE,
2016–2019 (USD MILLION)    112
TABLE 47    CRYOCOOLER MARKET FOR MILITARY APPLICATIONS, BY TYPE,
2020–2025 (USD MILLION)    113
TABLE 48    CRYOCOOLER MARKET FOR MILITARY APPLICATIONS, BY CRYOCOOLER TYPE, 2016–2019 (USD MILLION)    113
FIGURE 46    STIRLING CRYOCOOLERS TO HOLD LARGEST SIZE OF CRYOCOOLER MARKET FOR MILITARY APPLICATIONS IN 2025    113
TABLE 49    CRYOCOOLER MARKET FOR MILITARY APPLICATIONS, BY CRYOCOOLER TYPE, 2020–2025 (USD MILLION)    114
TABLE 50    CRYOCOOLER MARKET FOR MILITARY APPLICATIONS, BY REGION,
2016–2019 (USD MILLION)    114
TABLE 51    CRYOCOOLER MARKET FOR MILITARY APPLICATIONS, BY REGION,
2020–2025 (USD MILLION)    114
11.3    MEDICAL    115
TABLE 52    CRYOCOOLER MARKET FOR MEDICAL APPLICATION, BY TYPE,
2016–2019 (USD MILLION)    115
TABLE 53    CRYOCOOLER MARKET FOR MEDICAL APPLICATIONS, BY TYPE,
2020–2025 (USD MILLION)    115
TABLE 54    CRYOCOOLER INSTALLED BASE FOR MEDICAL APPLICATION, BY REGION, 2016–2019 (UNITS SHIPMENT)    116
TABLE 55    CRYOCOOLER INSTALLED BASE FOR MEDICAL APPLICATION, BY REGION, 2020–2025 (UNITS SHIPMENT)    116
11.3.1    MRI SYSTEMS    116
11.3.1.1    Surging investments in advanced medical imaging techniques to spur growth of cryocooler market    116
11.3.2    LIQUEFACTION OF OXYGEN FOR STORAGE    116
11.3.2.1    Liquefaction of oxygen for storage to witness substantial growth owing to increasing attention on biological storage of human tissues, bone marrows, and stem cells    116
11.3.3    CRYOSURGERY AND PROTON THERAPY    117
11.3.3.1    Rising cases of deadly cancer disease worldwide to
accelerate demand for cryosurgery and proton therapy applications in cryocooler market    117
TABLE 56    CRYOCOOLER MARKET FOR MEDICAL APPLICATIONS, BY CRYOCOOLER TYPE, 2016–2019 (USD MILLION)    117
TABLE 57    CRYOCOOLER MARKET FOR MEDICAL APPLICATIONS, BY CRYOCOOLER TYPE, 2020–2025 (USD MILLION)    117
TABLE 58    CRYOCOOLER MARKET FOR MEDICAL APPLICATIONS, BY REGION,
2016–2019 (USD MILLION)    118
FIGURE 47    CRYOCOOLER MARKET FOR MEDICAL APPLICATIONS IN APAC TO GROW AT HIGHEST RATE FROM 2020 TO 2025    118
TABLE 59    CRYOCOOLER MARKET FOR MEDICAL APPLICATIONS, BY REGION,
2020–2025 (USD MILLION)    118

11.4    COMMERCIAL    119
11.4.1    SEMICONDUCTOR FABRICATION    119
11.4.1.1    Rising popularity of micro-sized cryocoolers in semiconductor fabrication industry owing to low costs of large-scale
fabrication processes    119
11.4.2    HIGH-TEMPERATURE SUPERCONDUCTORS FOR CELLPHONE BASE STATIONS    119
11.4.2.1    Demand for cryocoolers is expected to rise significantly for high-temperature superconductors in wireless cellphone base stations    119
11.4.3    IR SENSORS FOR NDE AND PROCESS MONITORING    120
11.4.3.1    Increasing demand for cooling down IR sensors used in Infrared thermography to offer significant opportunity for small-sized cryocoolers manufactures    120
TABLE 60    CRYOCOOLER MARKET FOR COMMERCIAL APPLICATIONS, BY TYPE,
2016–2019 (USD MILLION)    120
TABLE 61    CRYOCOOLER MARKET FOR COMMERCIAL APPLICATIONS, BY TYPE,
2020–2025 (USD MILLION)    120
TABLE 62    CRYOCOOLER MARKET FOR COMMERCIAL APPLICATIONS,
BY CRYOCOOLER TYPE, 2016–2019 (USD MILLION)    120
TABLE 63    CRYOCOOLER MARKET FOR COMMERCIAL APPLICATIONS,
BY CRYOCOOLER TYPE, 2020–2025 (USD MILLION)    121
TABLE 64    CRYOCOOLER MARKET FOR COMMERCIAL APPLICATIONS, BY REGION, 2016–2019 (USD MILLION)    121
FIGURE 48    CRYOCOOLER MARKET FOR COMMERCIAL APPLICATIONS IN APAC TO
GROW AT HIGHEST RATE FROM 2020 TO 2025    121
TABLE 65    CRYOCOOLER MARKET FOR COMMERCIAL APPLICATIONS, BY REGION, 2020–2025 (USD MILLION)    122
11.5    ENVIRONMENTAL    122
11.5.1    IR SENSORS FOR ATMOSPHERIC STUDIES ON OZONE HOLE AND GREENHOUSE EFFECT    122
11.5.2    IR SENSORS FOR POLLUTION MONITORING    122
TABLE 66    CRYOCOOLER MARKET FOR ENVIRONMENTAL APPLICATIONS, BY TYPE, 2016–2019 (USD MILLION)    123
TABLE 67    CRYOCOOLER MARKET FOR ENVIRONMENTAL APPLICATIONS, BY TYPE, 2020–2025 (USD MILLION)    123
TABLE 68    CRYOCOOLER MARKET FOR ENVIRONMENTAL APPLICATIONS,
BY CRYOCOOLER TYPE, 2016–2019 (USD MILLION)    123
FIGURE 49    MARKET FOR STIRLING CRYOCOOLERS FOR ENVIRONMENTAL APPLICATIONS TO GROW AT HIGHEST RATE FROM 2020 TO 2025    124
TABLE 69    CRYOCOOLER MARKET FOR ENVIRONMENTAL APPLICATIONS,
BY CRYOCOOLER TYPE, 2020–2025 (USD MILLION)    124
TABLE 70    CRYOCOOLER MARKET FOR ENVIRONMENTAL APPLICATIONS, BY REGION, 2016–2019 (USD MILLION)    125
TABLE 71    CRYOCOOLER MARKET FOR ENVIRONMENTAL APPLICATIONS, BY REGION, 2020–2025 (USD MILLION)    125
11.6    ENERGY    125
11.6.1    IR SENSORS FOR THERMAL LOSS MEASUREMENTS    125
11.6.2    SUPERCONDUCTING MAGNETIC ENERGY STORAGE FOR PEAK SHAVING    126
TABLE 72    CRYOCOOLER MARKET FOR ENERGY APPLICATIONS, BY TYPE,
2016–2019 (USD MILLION)    126
TABLE 73    CRYOCOOLER MARKET FOR ENERGY APPLICATIONS, BY TYPE,
2020–2025 (USD MILLION)    126
TABLE 74    CRYOCOOLER MARKET FOR ENERGY APPLICATIONS, BY TYPE,
2016–2019 (USD MILLION)    126
TABLE 75    CRYOCOOLER MARKET FOR ENERGY APPLICATIONS, BY TYPE,
2020–2025 (USD MILLION)    127
TABLE 76    CRYOCOOLER MARKET FOR ENERGY APPLICATIONS, BY REGION,
2016–2019 (USD MILLION)    127
FIGURE 50    AMERICAS TO HOLD LARGEST SIZE OF CRYOCOOLER MARKET FOR
ENERGY APPLICATIONS IN 2025    127
TABLE 77    CRYOCOOLER MARKET FOR ENERGY APPLICATIONS, BY REGION,
2020–2025 (USD MILLION)    128
11.7    TRANSPORT    128
11.7.1    SUPERCONDUCTING MAGNETS IN MAGLEV TRAINS    128
11.7.2    LNG FOR FLEET VEHICLES    128
TABLE 78    CRYOCOOLER MARKET FOR TRANSPORT APPLICATIONS, BY TYPE,
2016–2019 (USD MILLION)    128
TABLE 79    CRYOCOOLER MARKET FOR TRANSPORT APPLICATIONS,
2020–2025 (USD MILLION)    129
TABLE 80    CRYOCOOLER MARKET FOR TRANSPORT APPLICATIONS,
BY CRYOCOOLER TYPE, 2016–2019 (USD MILLION)    129
TABLE 81    CRYOCOOLER MARKET FOR TRANSPORT APPLICATIONS,
BY CRYOCOOLER TYPE, 2020–2025 (USD MILLION)    129
TABLE 82    CRYOCOOLER MARKET FOR TRANSPORT APPLICATIONS, BY REGION,
2016–2019 (USD MILLION)    129
FIGURE 51    AMERICAS TO HOLD LARGEST SIZE OF CRYOCOOLER MARKET FOR TRANSPORT APPLICATIONS IN 2025    130
TABLE 83    CRYOCOOLER MARKET FOR TRANSPORT APPLICATIONS, BY REGION,
2020–2025 (USD MILLION)    130
11.8    RESEARCH AND DEVELOPMENT    130
11.8.1    NUCLEAR MAGNETIC RESONANCE    130
11.8.1.1    Increasing attention of governments toward clean sources of energy to drive market for nuclear magnetic resonance application    130
11.8.2    ELECTRON PARAMAGNETIC RESONANCE    131
11.8.2.1    Electron paramagnetic resonance application to witness
higher growth owing to its wide use in biological and chemical research applications    131
TABLE 84    CRYOCOOLER MARKET FOR RESEARCH AND DEVELOPMENT APPLICATIONS, BY TYPE, 2016–2019 (USD MILLION)    131
TABLE 85    CRYOCOOLER MARKET FOR RESEARCH AND DEVELOPMENT APPLICATIONS, BY TYPE, 2020–2025 (USD MILLION)    131
TABLE 86    CRYOCOOLER MARKET FOR RESEARCH AND DEVELOPMENT APPLICATIONS, BY CRYOCOOLER TYPE, 2016–2019 (USD MILLION)    131
FIGURE 52    GM CRYOCOOLERS TO HOLD LARGEST SIZE OF CRYOCOOLER MARKET FOR RESEARCH AND DEVELOPMENT APPLICATIONS FROM 2020 TO 2025    132
TABLE 87    CRYOCOOLER MARKET FOR RESEARCH AND DEVELOPMENT APPLICATIONS, BY CRYOCOOLER TYPE, 2020–2025 (USD MILLION)    132
TABLE 88    CRYOCOOLER MARKET FOR RESEARCH AND DEVELOPMENT APPLICATIONS, BY REGION, 2016–2019 (USD MILLION)    133
TABLE 89    CRYOCOOLER MARKET FOR RESEARCH AND DEVELOPMENT APPLICATIONS, BY REGION, 2020–2025 (USD MILLION)    133
11.9    SPACE    133
11.9.1    SPACE ASTRONOMY    133
11.9.1.1    Brayton cryocoolers to witness higher adoption in space
astronomy applications    133
11.9.2    PLANETARY SCIENCE    133
11.9.2.1    Use of mini cryocoolers to reduce IR light contamination
in telescopes    133
TABLE 90    CRYOCOOLER MARKET FOR SPACE APPLICATIONS, BY TYPE,
2016–2019 (USD MILLION)    134
TABLE 91    CRYOCOOLER MARKET FOR SPACE APPLICATIONS, BY TYPE,
2020–2025 (USD MILLION)    134
TABLE 92    CRYOCOOLER MARKET FOR SPACE APPLICATIONS, BY CRYOCOOLER TYPE, 2016–2019 (USD MILLION)    134
FIGURE 53    MARKET FOR BRAYTON CRYOCOOLERS FOR SPACE APPLICATIONS TO GROW AT HIGHEST RATE FROM 2020 TO 2025    135
TABLE 93    CRYOCOOLER MARKET FOR SPACE APPLICATIONS, BY CRYOCOOLER TYPE, 2020–2025 (USD MILLION)    135
TABLE 94    CRYOCOOLER MARKET FOR SPACE APPLICATIONS, BY REGION,
2016–2019 (USD MILLION)    136
TABLE 95    CRYOCOOLER MARKET FOR SPACE APPLICATIONS, BY REGION,
2020–2025 (USD MILLION)    136
11.10    AGRICULTURE & BIOLOGY    136
11.10.1    STORAGE OF BIOLOGICAL CELLS AND SPECIMENS    136
TABLE 96    CRYOCOOLER MARKET FOR AGRICULTURE & BIOLOGY APPLICATIONS,
BY CRYOCOOLER TYPE, 2016–2019 (USD MILLION)    137
TABLE 97    CRYOCOOLER MARKET FOR AGRICULTURE & BIOLOGY APPLICATIONS,
BY CRYOCOOLER TYPE, 2020–2025 (USD MILLION)    137
TABLE 98    CRYOCOOLER MARKET FOR AGRICULTURE & BIOLOGY APPLICATIONS,
BY REGION, 2016–2019 (USD MILLION)    137
FIGURE 54    CRYOCOOLER MARKET FOR AGRICULTURE & BIOLOGY APPLICATIONS IN APAC TO GROW AT HIGHEST RATE FROM 2020 TO 2025    138
TABLE 99    CRYOCOOLER MARKET FOR AGRICULTURE & BIOLOGY APPLICATIONS,
BY REGION, 2020–2025 (USD MILLION)    138
11.11    MINING AND METAL    139
11.11.1    TEMPERING    139
11.11.1.1    Cryocoolers are widely used in prevention of corrosion and
wear resistance    139
11.11.2    SHRINK FITTING    139
11.11.2.1    Need for maintaining cryogenic temperature in shrink fitting and
cold shrinking applications    139
TABLE 100    CRYOCOOLER MARKET FOR MINING & METAL APPLICATIONS, BY TYPE, 2016–2019 (USD MILLION)    139
TABLE 101    CRYOCOOLER MARKET FOR MINING & METAL APPLICATIONS, BY TYPE, 2020–2025 (USD MILLION)    139
TABLE 102    CRYOCOOLER MARKET FOR MINING & METAL APPLICATIONS,
BY CRYOCOOLER TYPE, 2016–2019 (USD MILLION)    140
TABLE 103    CRYOCOOLER MARKET FOR MINING & METAL APPLICATIONS,
BY CRYOCOOLER TYPE, 2020–2025 (USD MILLION)    140
TABLE 104    CRYOCOOLER MARKET FOR MINING & METAL APPLICATIONS, BY REGION, 2016–2019 (USD MILLION)    140
FIGURE 55    AMERICAS TO HOLD LARGEST SIZE OF CRYOCOOLER MARKET FOR
MINING & METAL APPLICATIONS IN 2025    141
TABLE 105    CRYOCOOLER MARKET FOR MINING & METAL APPLICATIONS, BY REGION, 2020–2025 (USD MILLION)    141
11.12    OTHERS    141
TABLE 106    CRYOCOOLER MARKET FOR OTHER APPLICATIONS, BY TYPE,
2016–2019 (USD MILLION)    142
TABLE 107    CRYOCOOLER MARKET FOR OTHER APPLICATIONS, BY TYPE,
2020–2025 (USD MILLION)    142
TABLE 108    CRYOCOOLER MARKET FOR OTHER APPLICATIONS, BY CRYOCOOLER TYPE, 2016–2019 (USD MILLION)    142
TABLE 109    CRYOCOOLER MARKET FOR OTHERS APPLICATIONS, BY CRYOCOOLER TYPE, 2020–2025 (USD MILLION)    142
TABLE 110    CRYOCOOLER MARKET FOR OTHER APPLICATIONS, BY REGION,
2016–2019 (USD MILLION)    143
FIGURE 56    AMERICAS TO HOLD LARGEST SIZE OF CRYOCOOLER MARKET FOR
OTHER APPLICATIONS IN 2025    143
TABLE 111    CRYOCOOLER MARKET FOR OTHER APPLICATIONS, BY REGION,
2020–2025 (USD MILLION)    143
11.13    IMPACT OF COVID-19 ON APPLICATION SEGMENT    144
11.13.1    IMPACT OF COVID-19 ON MEDICAL APPLICATION SEGMENT    144
FIGURE 57    SCENARIO ANALYSIS: PRE- AND POST-COVID-19 ANALYSIS:
MEDICAL APPLICATION SEGMENT    144
11.13.2    IMPACT OF COVID 19 ON MILITARY APPLICATION SEGMENT    144
FIGURE 58    SCENARIO ANALYSIS: PRE- AND POST-COVID-19 ANALYSIS:
MILITARY APPLICATION SEGMENT    145
11.13.3    IMPACT OF COVID 19 ON SPACE APPLICATION SEGMENT    145
FIGURE 59    SCENARIO ANALYSIS: PRE- AND POST-COVID-19 ANALYSIS:
SPACE APPLICATION SEGMENT    145
12    REGIONAL ANALYSIS    146
12.1    INTRODUCTION    147
FIGURE 60    GEOGRAPHIC ANALYSIS OF CRYOCOOLER MARKET    147
TABLE 112    CRYOCOOLER MARKET, BY REGION, 2016–2019 (USD MILLION)    147
TABLE 113    CRYOCOOLER MARKET, BY REGION, 2020–2025 (USD MILLION)    148
12.2    AMERICAS    148
FIGURE 61    SNAPSHOT OF CRYOCOOLER MARKET IN AMERICAS    149
12.2.1    IMPACT OF COVID-19    149
FIGURE 62    SCENARIO ANALYSIS: PRE- AND POST-COVID-19 ANALYSIS:
CRYOCOOLER MARKET IN AMERICAS    150
TABLE 114    CRYOCOOLER MARKET IN AMERICAS, BY APPLICATION,
2016–2019 (USD MILLION)    150
TABLE 115    CRYOCOOLER MARKET IN AMERICAS, BY APPLICATION,
2020–2025 (USD MILLION)    151
TABLE 116    CRYOCOOLER MARKET IN AMERICAS, BY CRYOCOOLER TYPE,
2016–2019 (USD MILLION)    151
TABLE 117    CRYOCOOLER MARKET IN AMERICAS, BY CRYOCOOLER TYPE,
2020–2025 (USD MILLION)    151
TABLE 118    CRYOCOOLER MARKET IN AMERICAS, BY REGION,
2016–2019 (USD MILLION)    152
TABLE 119    CRYOCOOLER MARKET IN AMERICAS, BY REGION,
2020–2025 (USD MILLION)    152
12.2.2    NORTH AMERICA    152
TABLE 120    CRYOCOOLER MARKET IN NORTH AMERICA, BY COUNTRY,
2016–2019 (USD MILLION)    152
TABLE 121    CRYOCOOLER MARKET IN NORTH AMERICA, BY COUNTRY,
2020–2025 (USD MILLION)    153
TABLE 122    CRYOCOOLER MARKET IN NORTH AMERICA, BY CRYOCOOLER TYPE,
2016–2019 (USD MILLION)    153
TABLE 123    CRYOCOOLER MARKET IN NORTH AMERICA, BY CRYOCOOLER TYPE,
2020–2025 (USD MILLION)    154
TABLE 124    CRYOCOOLER MARKET IN NORTH AMERICA, BY APPLICATION,
2016–2019 (USD MILLION)    154
TABLE 125    CRYOCOOLER MARKET IN NORTH AMERICA, BY APPLICATION,
2020–2025 (USD MILLION)    155
12.2.2.1    US    155
12.2.2.1.1    Well-established military industry and high expenditure on healthcare equipment to drive market growth    155
TABLE 126    CRYOCOOLER MARKET IN US, BY CRYOCOOLER TYPE,
2016–2019 (USD MILLION)    156
TABLE 127    CRYOCOOLER MARKET IN US, BY CRYOCOOLER TYPE,
2020–2025 (USD MILLION)    156
12.2.2.2    Canada    156
12.2.2.2.1    Growing medical and healthcare expenditure to
spur demand for cryocoolers    156
TABLE 128    CRYOCOOLER MARKET IN CANADA, BY CRYOCOOLER TYPE,
2016–2019 (USD MILLION)    157
TABLE 129    CRYOCOOLER MARKET IN CANADA, BY CRYOCOOLER TYPE,
2020–2025 (USD MILLION)    157
12.2.2.3    Mexico    157
12.2.2.3.1    Increasing exports of semiconductors to
drive cryocooler market    157
12.2.3    SOUTH AMERICA    158
TABLE 130    CRYOCOOLER MARKET IN SOUTH AMERICA, BY APPLICATION,
2016–2019 (USD MILLION)    158
TABLE 131    CRYOCOOLER MARKET IN SOUTH AMERICA, BY APPLICATION,
2020–2025 (USD MILLION)    158
TABLE 132    CRYOCOOLERS MARKET IN SOUTH AMERICA, BY CRYOCOOLER TYPE,
2016–2019 (USD MILLION)    159
TABLE 133    CRYOCOOLERS MARKET IN SOUTH AMERICA, BY CRYOCOOLER TYPE,
2020–2025 (USD MILLION)    159
TABLE 134    CRYOCOOLER MARKET IN SOUTH AMERICA, BY COUNTRY,
2016–2019 (USD MILLION)    159
TABLE 135    CRYOCOOLERS MARKET IN SOUTH AMERICA, BY COUNTRY,
2020–2025 (USD MILLION)    160
12.2.3.1    Brazil    160
12.2.3.1.1    Cryocooler market in Brazil is dominated by imports of medical devices    160
12.2.3.2    Argentina    160
12.2.3.2.1    Cryocooler services segment to provide substantial opportunity for players in this market    160
12.2.3.3    Rest of South America    160
12.3    EUROPE    161
FIGURE 63    SNAPSHOT OF CRYOCOOLER MARKET IN EUROPE    161
12.3.1    IMPACT OF COVID-19    161
FIGURE 64    SCENARIO ANALYSIS: PRE- AND POST-COVID-19 ANALYSIS:
CRYOCOOLER MARKET IN EUROPE    162
TABLE 136    CRYOCOOLER MARKET IN EUROPE, BY CRYOCOOLER TYPE,
2016–2019 (USD MILLION)    162
TABLE 137    CRYOCOOLER MARKET IN EUROPE, BY CRYOCOOLER TYPE,
2020–2025 (USD MILLION)    163
TABLE 138    CRYOCOOLER MARKET IN EUROPE, BY APPLICATION,
2016–2019 (USD MILLION)    163
TABLE 139    CRYOCOOLER MARKET IN EUROPE, BY APPLICATION,
2020–2025 (USD MILLION)    164
TABLE 140    CRYOCOOLER MARKET IN EUROPE, BY COUNTRY/REGION,
2016–2019 (USD MILLION)    164
TABLE 141    CRYOCOOLER MARKET IN EUROPE, BY COUNTRY/REGION,
2020–2025 (USD MILLION)    164
12.3.2    GERMANY    165
12.3.2.1    Manufacturing, industrial electronics, and medical electronics segments to be driven by cryocooler demand in Germany    165
12.3.3    UK    165
12.3.3.1    UK is second-largest market for cryocoolers in Europe due to presence of large number of medical device manufacturers    165
12.3.4    FRANCE    166
12.3.4.1    Market in France is expected to grow at highest CAGR in Europe during forecast period    166
12.3.5    RUSSIA    166
12.3.5.1    Strong base for military & defense, and space programs to create additional demand for cryocoolers by 2025    166
12.3.6    REST OF EUROPE    166
12.4    APAC    167
FIGURE 65    SNAPSHOT OF CRYOCOOLER MARKET IN APAC    167
12.4.1    IMPACT OF COVID-19    168
FIGURE 66    SCENARIO ANALYSIS: PRE- AND POST-COVID-19 ANALYSIS:
APAC CRYOCOOLER MARKET    168
TABLE 142    CRYOCOOLER MARKET IN APAC, BY CRYOCOOLER TYPE,
2016–2019 (USD MILLION)    169
TABLE 143    CRYOCOOLER MARKET IN APAC, BY CRYOCOOLER TYPE,
2020–2025 (USD MILLION)    169
TABLE 144    CRYOCOOLER MARKET IN APAC, BY APPLICATION,
2016–2019 (USD MILLION)    169
TABLE 145    CRYOCOOLER MARKET IN APAC, BY APPLICATION,
2020–2025 (USD MILLION)    170
TABLE 146    CRYOCOOLER MARKET IN APAC, BY COUNTRY/REGION,
2016–2019 (USD MILLION)    170
TABLE 147    CRYOCOOLER MARKET IN APAC, BY COUNTRY/REGION,
2020–2025 (USD MILLION)    170
12.4.2    JAPAN    171
12.4.2.1    Well established infrastructure and rising government expenditure in medical, military, and research and development sectors to boost growth of cryocooler market in Japan    171
12.4.3    CHINA    171
12.4.3.1    China is second-largest cryocooler market in APAC owing to increasing investments in various end-user segments    171
12.4.4    SOUTH KOREA    171
12.4.4.1    Cryocooler market in South Korea is driven by growth from electronics and semiconductor manufacturing companies    171
12.4.5    INDIA    172
12.4.5.1    Prominent growth in medical equipment market to spur demand for cryocoolers in India    172
12.4.6    REST OF APAC    172
12.5    ROW    173
12.5.1    IMPACT OF COVID-19    173
TABLE 148    CRYOCOOLER MARKET IN ROW, BY APPLICATION,
2016–2019 (USD MILLION)    173
TABLE 149    CRYOCOOLER MARKET IN ROW, BY APPLICATION,
2020–2025 (USD MILLION)    174
TABLE 150    CRYOCOOLER MARKET IN ROW, BY CRYOCOOLER TYPE,
2016–2019 (USD MILLION)    174
TABLE 151    CRYOCOOLER MARKET IN ROW, BY CRYOCOOLER TYPE,
2020–2025 (USD MILLION)    174
TABLE 152    CRYOCOOLER MARKET IN ROW, BY REGION, 2016–2019 (USD MILLION)    175
TABLE 153    CRYOCOOLER MARKET IN ROW, BY REGION, 2020–2025 (USD MILLION)    175
12.5.2    MIDDLE EAST    175
12.5.2.1    Huge oil & gas reserves and petrochemical industries to
drive cryocooler demand    175
12.5.3    AFRICA    176
12.5.3.1    Emerging region for telecommunication industry and increasing manufacturing facilities    176

13    COMPETITIVE LANDSCAPE    177
13.1    INTRODUCTION    177
FIGURE 67    KEY GROWTH STRATEGIES ADOPTED BY TOP COMPANIES
FROM 2017 TO 2020    178
13.2    COMPETITIVE LEADERSHIP MAPPING    179
13.2.1    STAR    179
13.2.2    PERVASIVE    179
13.2.3    EMERGING LEADERS    179
13.2.4    PARTICIPANTS    179
FIGURE 68    CRYOCOOLER MARKET (GLOBAL) COMPETITIVE LEADERSHIP MAPPING, 2019    180
13.3    MARKET SHARE ANALYSIS OF TOP 5 PLAYERS IN CRYOCOOLER MARKET, 2019    181
TABLE 154    MARKET SHARE OF TOP 5 PLAYERS IN CRYOCOOLER MARKET IN 2019    181
13.4    MARKET EVALUATION FRAMEWORK    183
FIGURE 69    PRODUCT LAUNCHES FUELLED GROWTH AND INNOVATION FROM
2017 TO 2020 IN CRYOCOOLER MARKET    183
13.5    RECENT DEVELOPMENTS    183
TABLE 155    NEW PRODUCT LAUNCHES, 2017–2020    183
TABLE 156    CONTRACTS, AGREEMENTS, & PARTNERSHIPS, 2019–2020    184
TABLE 157    MERGERS & ACQUISITIONS, 2017–2020    185
14    COMPANY PROFILES    186
14.1    INTRODUCTION    186
14.2    KEY PLAYERS    186
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View)*
14.2.1    SUMITOMO HEAVY INDUSTRIES LIMITED    186
FIGURE 70    SUMITOMO HEAVY INDUSTRIES LIMITED: COMPANY SNAPSHOT    187
14.2.2    CHART INDUSTRIES, INC.    191
FIGURE 71    CHART INDUSTRIES, INC.: COMPANY SNAPSHOT    191
14.2.3    SUNPOWER, INC. (AMETEK, INC.)    195
14.2.4    CRYOMECH, INC.    198
14.2.5    NORTHROP GRUMMAN CORPORATION    201
FIGURE 72    NORTHROP GRUMMAN CORPORATION: COMPANY SNAPSHOT    201
14.2.6    ADVANCED RESEARCH SYSTEMS, INC.    205
14.2.7    JANIS RESEARCH COMPANY, LLC    206
14.2.8    RICOR – CRYOGENIC & VACUUM SYSTEMS    208
14.2.9    SUPERCONDUCTOR TECHNOLOGIES, INC. (ALLIED INTEGRAL UNITED, INC.)    210
FIGURE 73    SUPERCONDUCTOR TECHNOLOGIES, INC.: COMPANY SNAPSHOT    210
14.2.10    AIR LIQUIDE SA    212
FIGURE 74    AIR LIQUIDE SA: COMPANY SNAPSHOT    212
* Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View might not be captured in case of unlisted companies.

14.3    OTHER IMPORTANT PLAYERS    215
14.3.1    OXFORD CRYOSYSTEMS    215
14.3.2    CREARE LLC    216
14.3.3    LIHAN CRYOGENIC TECHNOLOGY CO., LTD    216
14.3.4    TRISTAN TECHNOLOGIES, INC.S    217
14.3.5    VACREE TECHNOLOGIES CO., LTD.    217
14.3.6    HONEYWELL INTERNATIONAL INC.    218
14.3.7    BRIGHT INSTRUMENTS    218
14.3.8    ACME CRYOGENICS    219
14.3.9    THALES CRYOGENICS BV    220
14.3.10    FABRUM SOLUTIONS LIMITED    220
15    APPENDIX    221
15.1    INSIGHTS OF INDUSTRY EXPERTS    221
15.2    DISCUSSION GUIDE    222
15.3    KNOWLEDGE STORE:   226
15.4    AVAILABLE CUSTOMIZATIONS    228
15.5    RELATED REPORTS    228
15.6    AUTHOR DETAILS    229