Heliox (cryogenic equipment)

Cryostat Market worth $2.8 billion by 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, September 26, 2022

CHICAGO, Sept. 26, 2022 /PRNewswire/ -- Cryostat market is projected to reach USD 2.8 billion by 2027 from USD 2.2 billion in 2022; it is expected to grow at a CAGR of 4.9% from 2022 to 2027, according to a new report by MarketsandMarkets.

Key Points: 
  • CHICAGO, Sept. 26, 2022 /PRNewswire/ -- Cryostat market is projected to reach USD 2.8 billion by 2027 from USD 2.2 billion in 2022; it is expected to grow at a CAGR of 4.9% from 2022 to 2027, according to a new report by MarketsandMarkets.
  • However, factors such as leakage of cryogen gases, which may have some environmental hazards, can affect the market growth adversely.
  • The market segmentation represents various aspects of the market on the basis of type, system component, cryogen, industry, and geography.
  • Temperature control of the sample within the cryostat is typically performed by controlling the cryogen flow rate into the cryostat.

Cryostat Market worth $2.8 billion by 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, September 26, 2022

CHICAGO, Sept. 26, 2022 /PRNewswire/ -- Cryostat market is projected to reach USD 2.8 billion by 2027 from USD 2.2 billion in 2022; it is expected to grow at a CAGR of 4.9% from 2022 to 2027, according to a new report by MarketsandMarkets.

Key Points: 
  • CHICAGO, Sept. 26, 2022 /PRNewswire/ -- Cryostat market is projected to reach USD 2.8 billion by 2027 from USD 2.2 billion in 2022; it is expected to grow at a CAGR of 4.9% from 2022 to 2027, according to a new report by MarketsandMarkets.
  • However, factors such as leakage of cryogen gases, which may have some environmental hazards, can affect the market growth adversely.
  • The market segmentation represents various aspects of the market on the basis of type, system component, cryogen, industry, and geography.
  • Temperature control of the sample within the cryostat is typically performed by controlling the cryogen flow rate into the cryostat.

Global Cryogenic Equipment Market Report 2022: Market to Reach $16.9 Billion by 2026 - Growing Role of Cryogenics in Industrial Manufacturing Fosters Growth - ResearchAndMarkets.com

Retrieved on: 
Thursday, June 30, 2022

Amid the COVID-19 crisis, the global market for Cryogenic Equipment estimated at US$11.9 Billion in the year 2020, is projected to reach a revised size of US$16.9 Billion by 2026, growing at a CAGR of 6.1% over the analysis period.

Key Points: 
  • Amid the COVID-19 crisis, the global market for Cryogenic Equipment estimated at US$11.9 Billion in the year 2020, is projected to reach a revised size of US$16.9 Billion by 2026, growing at a CAGR of 6.1% over the analysis period.
  • Nitrogen Cryogen, one of the segments analyzed in the report, is projected to record a 6.8% CAGR and reach US$5.8 Billion by the end of the analysis period.
  • The U.S. Market is Estimated at $2.4 Billion in 2021, While China is Forecast to Reach $2.3 Billion by 2026
    The Cryogenic Equipment market in the U.S. is estimated at US$2.4 Billion in the year 2021.
  • China, the world`s second largest economy, is forecast to reach a projected market size of US$2.3 Billion by the year 2026 trailing a CAGR of 7.8% over the analysis period.