市場調査レポート
商品コード
1378774

極低温装置市場レポート:装置、寒剤、用途、最終用途産業、地域別、2023-2028年

Cryogenic Equipment Market Report by Equipment, Cryogen, Application, End Use Industry, and Region 2023-2028

出版日: | 発行: IMARC | ページ情報: 英文 149 Pages | 納期: 2~3営業日

● お客様のご希望に応じて、既存データの加工や未掲載情報(例:国別セグメント)の追加などの対応が可能です。  詳細はお問い合わせください。

価格
価格表記: USDを日本円(税抜)に換算
本日の銀行送金レート: 1USD=156.53円
極低温装置市場レポート:装置、寒剤、用途、最終用途産業、地域別、2023-2028年
出版日: 2023年11月02日
発行: IMARC
ページ情報: 英文 149 Pages
納期: 2~3営業日
  • 全表示
  • 概要
  • 図表
  • 目次
概要

概要

世界の極低温装置の市場規模は、2022年に207億米ドルに達しました。今後、IMARC Groupは、市場は2028年までに279億1,000万米ドルに達し、2022年から2028年の間に5.1%の成長率(CAGR)を示すと予測しています。先端技術の採用の増加、ヘルスケア産業におけるいくつかの用途での製品需要の増加、様々な食品加工用途での製品採用の増加、再生可能エネルギー源の採用の急増は、市場を推進する要因の一部です。

極低温装置は、極低温を必要とする様々な用途に不可欠な特殊機械で構成されています。これらの極低温条件は、液体窒素やヘリウムのような極低温流体を使用して達成されます。航空宇宙、ヘルスケア、エレクトロニクス、エネルギー生産など、さまざまな産業で幅広く利用されています。航空宇宙分野では、液体酸素や液体水素のような宇宙開発に不可欠な成分の貯蔵や輸送を容易にします。さらにヘルスケアでは、血液、臓器、サンプルなどの医療必需品を貯蔵・配送することで、極めて重要な役割を果たしています。エレクトロニクス分野では、電子部品の冷却を助け、製造の精度を高める。さらに、エネルギー生産、特にさまざまなエネルギー用途の液化天然ガス生産を支えています。その世界の人気は、多数の産業プロセス向けに非常に低い温度を提供できることに起因しています。

世界市場は、よりクリーンなエネルギー源としての液化天然ガス(LNG)需要の増加が主な要因となっています。これに伴い、ヘルスケア分野は、医療サンプル、臓器、ワクチンの安全な保存と輸送のために極低温装置に依存しており、特に世界のヘルスケア課題を考慮すると、市場の拡大をさらに後押ししています。さらに、航空宇宙産業では、宇宙探査の増加に伴い、液体酸素や水素のような成分の貯蔵と取り扱いに極低温装置が必要とされ、大きな市場ニッチが生まれています。電子機器製造業では、生産効率を高めるために精密な温度制御が必要とされており、極低温冷却システムの採用を後押ししています。さらに、極低温貯蔵・輸送ソリューションの継続的な技術進歩や有利な政府規制が市場成長を加速させています。自動車分野も貢献しており、水素を燃料源とする車両推進システム用の極低温装置に対する需要が高まっています。持続可能性が注目される中、極低温装置を使用して炭素回収・貯留により温室効果ガスの排出を削減することは、新たな成長機会をもたらします。

極低温装置の市場動向と促進要因:

急速な工業化

世界の急速な工業化は、市場に多くの機会を提供しています。産業が拡大し多様化するにつれて、極低温装置の需要もそれに連動して増加します。これらの産業では、さまざまな用途で極低温ソリューションが必要とされることが多いです。例えば化学・石油化学分野では、極低温装置はガスの分離と液化に不可欠で、工業ガス、化学薬品、LNGの生産に役立っています。さらに、拡大する製薬業界では、細胞培養やワクチンなどの生物学的材料の凍結保存に利用され、その安定性と有効性を確保しています。さらに、食品加工業界は、製品の品質を維持し、保存期間を延ばし、厳しい安全基準を満たすために、極低温冷凍・冷却システムを利用しています。新興諸国では急速な工業化が進んでおり、こうした新興市場では極低温装置のニーズが高まっており、市場の成長をさらに後押ししています。

研究開発における製品需要の増加

研究開発(R&D)活動における製品需要の増加が市場を強化しています。極低温装置は、物理学、化学、生物学など、実験や分析に超低温が要求されるさまざまな科学分野で不可欠です。物理学では超伝導材料を冷却し、量子コンピューティングやエネルギー伝送のブレークスルーを可能にします。化学分野では、極低温での化学反応の研究を助け、新素材や医薬品の開発に貢献しています。さらに、バイオテクノロジーやライフサイエンスでは、生物学的サンプルの保存、遺伝子研究の促進、再生医療用の細胞や組織の保存など、極めて重要な役割を果たしています。製薬、エレクトロニクス、材料科学など、業界全体で研究開発の取り組みが強化されるにつれて、精密で信頼性の高い極低温装置の需要が高まっています。この装置は、研究者が新たなフロンティアを開拓し、革新的な発見をするための力となり、市場の拡大を後押ししています。さらに、極低温技術の進歩はその汎用性と効率を高め続けており、世界中の科学者や研究者にとって不可欠なツールとなっています。

再生可能エネルギー源の貯蔵と輸送のための製品利用率の上昇

再生可能エネルギー源を貯蔵・輸送するための製品利用が増加していることが、市場の成長を促進しています。極低温システム、特に液体水素と液体酸素の貯蔵は、再生可能エネルギーの新興分野において極めて重要です。これらのシステムは、風力発電や太陽光発電などの再生可能エネルギー源から生成された余剰エネルギーを貯蔵する上で極めて重要な役割を果たしており、エネルギー生産が低い時や需要が高い時に利用することができます。さらに、極低温エネルギー貯蔵は、系統安定化のためのスケーラブルで環境に優しいソリューションを提供し、再生可能エネルギー源の断続性のバランスを取り、安定した電力供給を確保するのに役立ちます。クリーンなエネルギー源への移行は、エネルギー貯蔵と輸送のための液化天然ガス(LNG)を含む極低温インフラへの投資の増加を促しています。世界が持続可能なエネルギー解決策へとシフトする中、このような状況下での極低温装置の需要は増加し続け、極低温装置市場に大きな成長機会をもたらすと思われます。この要因は、二酸化炭素排出量を削減し、より環境に優しいエネルギーソリューションに移行するための世界の取り組みと一致しており、極低温装置を再生可能エネルギーの展望における重要な構成要素にしています。

極低温装置産業のセグメンテーション

IMARC Groupは、世界の極低温装置市場レポートの各セグメントにおける主要動向の分析と、2023年から2028年までの世界、国別、地域別レベルでの予測を提供しています。当レポートでは、装置、寒剤、用途、最終用途産業に基づいて市場を分類しています。

本レポートで扱う主な質問

  • 世界の極低温装置市場の規模は?
  • 2023-2028年における極低温装置の世界市場予測成長率は?
  • 極低温装置の世界市場を牽引する主な要因は?
  • 極低温装置の世界市場におけるCOVID-19の影響は?
  • 極低温装置の世界市場における装置別の区分は?
  • 極低温装置の世界市場の寒剤別の区分は?
  • 極低温装置の世界市場の用途別区分は?
  • 極低温装置の世界市場の最終用途産業別区分は?
  • 極低温装置の世界市場における主要地域は?
  • 10.極低温装置の世界市場における主要プレイヤー/企業は?

目次

第1章 序文

第2章 調査範囲と調査手法

  • 調査目的
  • 利害関係者
  • データソース
    • 一次情報
    • 二次情報
  • 市場推定
    • ボトムアップアプローチ
    • トップダウンアプローチ
  • 調査手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

  • 概要
  • 主要産業動向

第5章 世界の極低温装置市場

  • 市場概要
  • 市場実績
  • COVID-19の影響
  • 市場予測

第6章 市場内訳:装置別

  • タンク
    • 市場動向
    • 市場予測
  • ポンプ
    • 市場動向
    • 市場予測
  • 熱交換器
    • 市場動向
    • 市場予測
  • バルブ
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測

第7章 市場内訳:寒剤別

  • 窒素
    • 市場動向
    • 市場予測
  • 液化天然ガス
    • 市場動向
    • 市場予測
  • ヘリウム
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測

第8章 市場内訳:用途別

  • 貯蔵
    • 市場動向
    • 市場予測
  • 輸送
    • 市場動向
    • 市場予測
  • 加工
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測

第9章 市場内訳:最終用途産業別

  • 石油・ガス
    • 市場動向
    • 市場予測
  • エネルギー・電力
    • 市場動向
    • 市場予測
  • 飲食品
    • 市場動向
    • 市場予測
  • ヘルスケア
    • 市場動向
    • 市場予測
  • 海洋・航空宇宙
    • 市場動向
    • 市場予測
  • 化学
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測

第10章 市場内訳:地域別

  • 北米
    • 米国
      • 市場動向
      • 市場予測
    • カナダ
      • 市場動向
      • 市場予測
  • アジア太平洋
    • 中国
      • 市場動向
      • 市場予測
    • 日本
      • 市場動向
      • 市場予測
    • インド
      • 市場動向
      • 市場予測
    • 韓国
      • 市場動向
      • 市場予測
    • オーストラリア
      • 市場動向
      • 市場予測
    • インドネシア
      • 市場動向
      • 市場予測
    • その他
      • 市場動向
      • 市場予測
  • 欧州
    • ドイツ
      • 市場動向
      • 市場予測
    • フランス
      • 市場動向
      • 市場予測
    • 英国
      • 市場動向
      • 市場予測
    • イタリア
      • 市場動向
      • 市場予測
    • スペイン
      • 市場動向
      • 市場予測
    • ロシア
      • 市場動向
      • 市場予測
    • その他
      • 市場動向
      • 市場予測
  • ラテンアメリカ
    • ブラジル
      • 市場動向
      • 市場予測
    • メキシコ
      • 市場動向
      • 市場予測
    • その他
      • 市場動向
      • 市場予測
  • 中東・アフリカ地域
    • 市場動向
    • 市場内訳:国別
    • 市場予測

第11章 SWOT分析

  • 概要
  • 強み
  • 弱み
  • 機会
  • 脅威

第12章 バリューチェーン分析

第13章 ポーターのファイブフォース分析

  • 概要
  • 買い手の交渉力
  • 供給企業の交渉力
  • 競合の程度
  • 新規参入業者の脅威
  • 代替品の脅威

第14章 価格分析

第15章 競合情勢

  • 市場構造
  • 主要企業
  • 主要企業のプロファイル
    • Air Liquide S.A.
    • Air Products and Chemicals Inc.
    • Chart Industries Inc.
    • Cryofab Inc.
    • Cryoquip LLC(Nikkiso Co. Ltd.)
    • Emerson Electric Co.
    • Flowserve Corporation
    • Herose GmbH
    • INOX India Pvt. Ltd.
    • Linde Plc
    • Parker-Hannifin Corporation
    • Wessington Cryogenics
図表

List of Figures

  • Figure 1: Global: Cryogenic Equipment Market: Major Drivers and Challenges
  • Figure 2: Global: Cryogenic Equipment Market: Sales Value (in Billion US$), 2017-2022
  • Figure 3: Global: Cryogenic Equipment Market: Breakup by Equipment (in %), 2022
  • Figure 4: Global: Cryogenic Equipment Market: Breakup by Cryogen (in %), 2022
  • Figure 5: Global: Cryogenic Equipment Market: Breakup by Application (in %), 2022
  • Figure 6: Global: Cryogenic Equipment Market: Breakup by End Use Industry (in %), 2022
  • Figure 7: Global: Cryogenic Equipment Market: Breakup by Region (in %), 2022
  • Figure 8: Global: Cryogenic Equipment Market Forecast: Sales Value (in Billion US$), 2023-2028
  • Figure 9: Global: Cryogenic Equipment (Tanks) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 10: Global: Cryogenic Equipment (Tanks) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 11: Global: Cryogenic Equipment (Pumps) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 12: Global: Cryogenic Equipment (Pumps) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 13: Global: Cryogenic Equipment (Heat Exchanger) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 14: Global: Cryogenic Equipment (Heat Exchanger) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 15: Global: Cryogenic Equipment (Valves) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 16: Global: Cryogenic Equipment (Valves) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 17: Global: Cryogenic Equipment (Other Equipments) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 18: Global: Cryogenic Equipment (Other Equipments) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 19: Global: Cryogenic Equipment (Nitrogen) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 20: Global: Cryogenic Equipment (Nitrogen) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 21: Global: Cryogenic Equipment (Liquified Natural Gas) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 22: Global: Cryogenic Equipment (Liquified Natural Gas) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 23: Global: Cryogenic Equipment (Helium) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 24: Global: Cryogenic Equipment (Helium) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 25: Global: Cryogenic Equipment (Other Cryogens) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 26: Global: Cryogenic Equipment (Other Cryogens) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 27: Global: Cryogenic Equipment (Storage) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 28: Global: Cryogenic Equipment (Storage) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 29: Global: Cryogenic Equipment (Transportation) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 30: Global: Cryogenic Equipment (Transportation) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 31: Global: Cryogenic Equipment (Processing) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 32: Global: Cryogenic Equipment (Processing) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 33: Global: Cryogenic Equipment (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 34: Global: Cryogenic Equipment (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 35: Global: Cryogenic Equipment (Oil and Gas) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 36: Global: Cryogenic Equipment (Oil and Gas) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 37: Global: Cryogenic Equipment (Energy and Power) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 38: Global: Cryogenic Equipment (Energy and Power) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 39: Global: Cryogenic Equipment (Food and Beverages) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 40: Global: Cryogenic Equipment (Food and Beverages) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 41: Global: Cryogenic Equipment (Healthcare) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 42: Global: Cryogenic Equipment (Healthcare) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 43: Global: Cryogenic Equipment (Marine and Aerospace) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 44: Global: Cryogenic Equipment (Marine and Aerospace) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 45: Global: Cryogenic Equipment (Chemicals) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 46: Global: Cryogenic Equipment (Chemicals) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 47: Global: Cryogenic Equipment (Other End Use Industries) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 48: Global: Cryogenic Equipment (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 49: North America: Cryogenic Equipment Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 50: North America: Cryogenic Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 51: United States: Cryogenic Equipment Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 52: United States: Cryogenic Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 53: Canada: Cryogenic Equipment Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 54: Canada: Cryogenic Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 55: Asia Pacific: Cryogenic Equipment Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 56: Asia Pacific: Cryogenic Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 57: China: Cryogenic Equipment Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 58: China: Cryogenic Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 59: Japan: Cryogenic Equipment Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 60: Japan: Cryogenic Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 61: India: Cryogenic Equipment Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 62: India: Cryogenic Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 63: South Korea: Cryogenic Equipment Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 64: South Korea: Cryogenic Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 65: Australia: Cryogenic Equipment Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 66: Australia: Cryogenic Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 67: Indonesia: Cryogenic Equipment Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 68: Indonesia: Cryogenic Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 69: Others: Cryogenic Equipment Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 70: Others: Cryogenic Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 71: Europe: Cryogenic Equipment Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 72: Europe: Cryogenic Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 73: Germany: Cryogenic Equipment Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 74: Germany: Cryogenic Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 75: France: Cryogenic Equipment Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 76: France: Cryogenic Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 77: United Kingdom: Cryogenic Equipment Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 78: United Kingdom: Cryogenic Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 79: Italy: Cryogenic Equipment Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 80: Italy: Cryogenic Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 81: Spain: Cryogenic Equipment Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 82: Spain: Cryogenic Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 83: Russia: Cryogenic Equipment Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 84: Russia: Cryogenic Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 85: Others: Cryogenic Equipment Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 86: Others: Cryogenic Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 87: Latin America: Cryogenic Equipment Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 88: Latin America: Cryogenic Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 89: Brazil: Cryogenic Equipment Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 90: Brazil: Cryogenic Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 91: Mexico: Cryogenic Equipment Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 92: Mexico: Cryogenic Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 93: Others: Cryogenic Equipment Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 94: Others: Cryogenic Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 95: Middle East and Africa: Cryogenic Equipment Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 96: Middle East and Africa: Cryogenic Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 97: Global: Cryogenic Equipment Industry: SWOT Analysis
  • Figure 98: Global: Cryogenic Equipment Industry: Value Chain Analysis
  • Figure 99: Global: Cryogenic Equipment Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Cryogenic Equipment Market: Key Industry Highlights, 2022 and 2028
  • Table 2: Global: Cryogenic Equipment Market Forecast: Breakup by Equipment (in Million US$), 2023-2028
  • Table 3: Global: Cryogenic Equipment Market Forecast: Breakup by Cryogen (in Million US$), 2023-2028
  • Table 4: Global: Cryogenic Equipment Market Forecast: Breakup by Application (in Million US$), 2023-2028
  • Table 5: Global: Cryogenic Equipment Market Forecast: Breakup by End Use Industry (in Million US$), 2023-2028
  • Table 6: Global: Cryogenic Equipment Market Forecast: Breakup by Region (in Million US$), 2023-2028
  • Table 7: Global: Cryogenic Equipment Market Structure
  • Table 8: Global: Cryogenic Equipment Market: Key Players
目次
Product Code: SR112023A2577

Abstract

The global cryogenic equipment market size reached US$ 20.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 27.91 Billion by 2028, exhibiting a growth rate (CAGR) of 5.1% during 2022-2028 The increasing adoption of advanced technology, the rising product demand in the healthcare industry for several applications, the growing product uptake in various food processing applications, and the escalating uptake of renewable energy sources are some of the factors propelling the market.

Cryogenic equipment comprises specialized machinery essential for various applications demanding extremely low temperatures. These frigid conditions are achieved using cryogenic fluids like liquid nitrogen and helium. It finds extensive utility in diverse industries, including aerospace, healthcare, electronics, and energy production. In aerospace, it facilitates the storage and transportation of crucial components like liquid oxygen and liquid hydrogen, which are vital for space exploration. Moreover, it plays a pivotal role in healthcare by storing and delivering medical essentials such as blood, organs, and samples. In the electronics sector, it aids in cooling electronic components, enhancing precision in manufacturing. Additionally, it supports energy production, particularly in liquefied natural gas production for various energy applications. Its global popularity stems from its capacity to deliver exceptionally low temperatures for numerous industrial processes.

The global market is majorly driven by the increasing demand for liquefied natural gas (LNG) as a cleaner energy source. In line with this, the healthcare sector relies on cryogenic equipment for the safe preservation and transport of medical samples, organs, and vaccines, further boosting market expansion, especially in light of the global healthcare challenges. Furthermore, the aerospace industry's increasing space exploration requires cryogenic equipment to store and handle components like liquid oxygen and hydrogen, creating a substantial market niche. In electronics manufacturing, the need for precise temperature control to enhance production efficiency fuels the adoption of cryogenic cooling systems. Moreover, ongoing technological advancements in cryogenic storage and transportation solutions and favorable government regulations accelerate market growth. The automotive sector is also contributing, with a rising demand for cryogenic equipment for vehicle propulsion systems utilizing hydrogen as a fuel source. As sustainability gains prominence, using cryogenic equipment to reduce greenhouse gas emissions through carbon capture and storage presents new growth opportunities.

Cryogenic Equipment Market Trends/Drivers:

Rapid industrialization

Rapid industrialization worldwide is offering numerous opportunities for the market. As industries expand and diversify, the demand for cryogenic equipment rises in tandem. These industries often require extremely low-temperature solutions for various applications. In the chemical and petrochemical sector, for instance, this equipment is essential for the separation and liquefaction of gases, aiding in producing industrial gases, chemicals, and LNG. Additionally, the expanding pharmaceutical industry relies on it for the cryopreservation of biological materials, such as cell cultures and vaccines, ensuring their stability and efficacy. Furthermore, the food processing industry utilizes cryogenic freezing and cooling systems to maintain product quality, extend shelf life, and meet stringent safety standards. As developing countries undergo rapid industrialization, there's an increasing need for cryogenic equipment in these emerging markets, further fueling market growth.

Increasing product demand in research and development activities

The increasing product demand in research and development (R&D) activities bolsters the market. Cryogenic equipment is indispensable in various scientific disciplines, such as physics, chemistry, and biology, where ultra-low temperatures are required for experiments and analysis. It cools superconducting materials in physics, enabling breakthroughs in quantum computing and energy transmission. In chemistry, it aids in studying chemical reactions at extremely low temperatures, contributing to the development of new materials and pharmaceuticals. Additionally, it plays a pivotal role in biotechnology and life sciences by preserving biological samples, facilitating genetic research, and storing cells and tissues for regenerative medicine. As R&D efforts intensify across industries, including pharmaceuticals, electronics, and material science, the demand for precise and reliable cryogenic equipment grows. This equipment empowers researchers to explore new frontiers and make innovative discoveries, driving the market's expansion. Furthermore, advancements in cryogenic technology continue to enhance its versatility and efficiency, making it an indispensable tool for scientists and researchers worldwide.

Rising product utilization to store and transport renewable energy sources

The rising product utilization to store and transport renewable energy sources fosters market growth. Cryogenic systems, particularly liquid hydrogen, and liquid oxygen storage, are crucial in the emerging field of renewable energy. These systems play a pivotal role in storing excess energy generated from renewable sources, such as wind and solar power, which can be used during low energy production or high demand. Moreover, cryogenic energy storage offers a scalable and environmentally friendly solution for grid stability, helping to balance the intermittency of renewable sources and ensuring a consistent power supply. The transition to clean energy sources has prompted increased investments in cryogenic infrastructure, including liquefied natural gas (LNG) for energy storage and transportation. As the world shifts towards sustainable energy solutions, the demand for cryogenic equipment in this context will continue rising, creating substantial growth opportunities for the cryogenic equipment market. This factor aligns with global efforts to reduce carbon emissions and transition to more environmentally friendly energy solutions, making cryogenic equipment a vital component in the renewable energy landscape.

Cryogenic Equipment Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global cryogenic equipment market report, along with forecasts at the global, country, and regional levels for 2023-2028. Our report has categorized the market based on equipment, cryogen, application, and end use industry.

Breakup by Equipment:

Tanks

Pumps

Heat Exchanger

Valves

Others

Tanks dominates the market

The report has provided a detailed breakup and analysis of the market based on the equipment. This includes tanks, pumps, heat exchanger, valves, and others. According to the report, tanks represented the largest segment.

Cryogenic tanks are indispensable for storing and transporting liquefied gases, such as liquid nitrogen, liquid oxygen, and liquefied natural gas (LNG). The increasing demand for LNG as a cleaner energy source and the expanding applications of cryogenic gases across industries like healthcare, aerospace, and electronics are propelling the need for these tanks. Furthermore, the development of smaller, more portable cryogenic tanks is opening new avenues for applications in healthcare, laboratories, and even emerging industries like space tourism.

The ever-growing focus on sustainability and reducing carbon emissions also drives the adoption of cryogenic tanks for storing renewable energy sources. As these tanks evolve to meet diverse requirements and environmental standards, they continue to be a linchpin in the market's expansion, facilitating the safe and efficient handling of cryogenic materials across various industries.

Breakup by Cryogen:

Nitrogen

Liquified Natural Gas

Helium

Others

Liquified natural gas dominates the market

The report has provided a detailed breakup and analysis of the market based on the cryogen. This includes nitrogen, liquified natural gas, helium, and others. According to the report, liquified natural gas represented the largest segment.

LNG is a supercooled form of natural gas, stored and transported at extremely low temperatures. The global transition toward cleaner energy sources has propelled the demand for LNG, making it a focal point in the cryogenic equipment market. Cryogenic technology, including specialized storage tanks and transport infrastructure, is pivotal in LNG's liquefaction, storage, and regasification. Its versatility spans multiple sectors, from powering vehicles to serving as a feedstock for various industries.

Compared to traditional fossil fuels, its role in reducing greenhouse gas emissions aligns with environmental goals. The LNG supply chain, reliant on cryogenic equipment, continuously evolves to meet growing energy demands and regulatory standards. As nations seek to reduce carbon footprints and embrace cleaner energy alternatives, the LNG sector's expansion underscores the importance of cryogenic equipment. This segment not only contributes to energy accessibility but also aligns with global sustainability efforts, emphasizing its prominent role in the future of energy and the cryogenic equipment market.

Breakup by Application:

Storage

Transportation

Processing

Others

Storage dominates the market

The report has provided a detailed breakup and analysis of the market based on the application. This includes storage, transportation, processing, and others. According to the report, storage represented the largest segment.

Cryogenic storage involves safely preserving and containing materials at ultra-low temperatures, typically below -150 degrees Celsius (-238 degrees Fahrenheit). This application is fundamental in various industries, such as healthcare, biotechnology, energy, and aerospace. In healthcare, cryogenic storage is vital for preserving biological specimens, including cells, tissues, and genetic material, ensuring their viability for research, diagnostics, and medical treatments. Biotechnology companies rely on it to maintain valuable samples and compounds, supporting drug development and bioprocessing.

Furthermore, the energy sector utilizes cryogenic storage for liquefied natural gas (LNG), enabling efficient transportation and storage of clean energy. The aerospace industry depends on it for safely handling propellants like liquid oxygen and liquid hydrogen, which are essential for space exploration. As the demand for cryogenic storage solutions grows across these diverse industries, the cryogenic equipment market witnesses consistent expansion. Advancements in cryogenic storage technologies and the need for secure and environmentally friendly storage solutions further drive this segment's importance, underlining its crucial role in various sectors and the overall market.

Breakup by End Use Industry:

Oil and Gas

Energy and Power

Food and Beverages

Healthcare

Marine and Aerospace

Chemicals

Others

Chemicals dominate the market

The report has provided a detailed breakup and analysis of the market based on the end use industry. This includes oil and gas, energy and power, food and beverages, healthcare, marine and aerospace, chemicals, and others. According to the report, chemicals represented the largest segment.

Cryogenic equipment plays a critical role in the chemical sector by enabling the safe and efficient handling of gases and chemicals at extremely low temperatures. One prominent application is in the separation and purification of gases. Cryogenic distillation units utilize cryogenic equipment to separate gases like nitrogen, oxygen, and argon from air. These gases find essential applications in various industries, including manufacturing, healthcare, and electronics. The chemicals industry also relies on cryogenic storage solutions to store and transport liquefied gases and chemicals. Cryogenic tanks and containers ensure these materials' stability and safe handling, supporting chemical production and distribution.

Moreover, cryogenic cooling systems are employed in chemical processes to enable precise temperature control, enhancing the efficiency and quality of chemical manufacturing. This capability is crucial in pharmaceutical sectors, where precise temperature control is paramount. As the chemicals industry continues to expand and evolve, driven by manufacturing demands and regulatory requirements, the cryogenic equipment market remains a key enabler of its growth, providing essential tools for safe and efficient operations.

Breakup by Region:

North America

United States

Canada

Asia Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

Asia Pacific exhibits a clear dominance, accounting for the largest market share

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific accounted for the largest market share.

The Asia Pacific rapid industrialization and urbanization drive the demand for cryogenic equipment across various industries. Robust growth in sectors like manufacturing, chemicals, and healthcare necessitates using cryogenic technology for processes, storage, and transportation. Furthermore, the growing population and increasing disposable income levels in countries like China and India propel the healthcare and pharmaceutical sectors. Cryogenic equipment is integral in these sectors for storing and preserving medical samples, vaccines, and biological materials.

Moreover, the region is witnessing substantial advancements in space exploration and research, creating a need for cryogenic equipment in aerospace applications. Besides, as countries in the region prioritize sustainable and eco-friendly energy solutions, the use of cryogenic equipment for liquefied natural gas (LNG) production and storage is expanding. Additionally, the region's strong manufacturing base and growing technological capabilities contribute to the production and innovation of cryogenic equipment.

Competitive Landscape:

Top companies are strengthening market growth through a combination of strategic initiatives. They are heavily investing in research and development, continually innovating and improving the efficiency and performance of cryogenic equipment. This not only caters to the growing demands of various industries but also promotes the adoption of these advanced solutions. Additionally, these companies are expanding their global presence by establishing partnerships, distribution networks, and manufacturing facilities in key regions, ensuring a wider reach and accessibility for their products. Furthermore, they prioritize sustainability by developing eco-friendly and energy-efficient cryogenic systems, aligning with global environmental regulations and the demand for greener technologies. Moreover, top players actively engage in mergers and acquisitions to broaden their product portfolios and gain access to complementary technologies, strengthening their market position. They also provide comprehensive customer support and after-sales services, enhancing customer satisfaction and loyalty. They leverage digitalization and Industry 4.0 technologies like IoT and data analytics to offer predictive maintenance and remote monitoring solutions, improving equipment reliability and minimizing downtime.

The report has provided a comprehensive analysis of the competitive landscape in the cryogenic equipment market. Detailed profiles of all major companies have also been provided.

Air Liquide S.A.

Air Products and Chemicals Inc.

Chart Industries Inc.

Cryofab Inc.

Cryoquip LLC (Nikkiso Co. Ltd.)

Emerson Electric Co.

Flowserve Corporation

Herose GmbH

INOX India Pvt. Ltd

Linde Plc

Parker-Hannifin Corporation

Wessington Cryogenics

Recent Developments:

In July 2023, Air Liquide S.A. announced approx. 200 Million U.S. dollars investment in two advanced material production centers in Taiwan and South Korea to accelerate the development and production of new advanced materials while improving the reliability and sustainability of its supply chain by localizing the production close to its semiconductor customers.

In July 2023, Air Products and Chemicals Inc. announced that it will be providing oxygen equipment for one of North America's largest wastewater treatment plants in Montreal, Quebec, Canada.

In August 2023, Chart Industries Inc announced its collaboration with 8 Rivers Capital, LLC ("8 Rivers"), a reputed climate technology company leading the energy industry towards achieving Net Zero, to evaluate 8 Rivers' portfolio of proprietary licensable technologies and processes and identify where Chart's technologies and systems can bring added value to the 8 Rivers offerings.

Key Questions Answered in This Report

  • 1. How big is the global cryogenic equipment market?
  • 2. What is the expected growth rate of the global cryogenic equipment market during 2023-2028?
  • 3. What are the key factors driving the global cryogenic equipment market?
  • 4. What has been the impact of COVID-19 on the global cryogenic equipment market?
  • 5. What is the breakup of the global cryogenic equipment market based on the equipment?
  • 6. What is the breakup of the global cryogenic equipment market based on the cryogen?
  • 7. What is the breakup of the global cryogenic equipment market based on the application?
  • 8. What is the breakup of the global cryogenic equipment market based on the end use industry?
  • 9. What are the key regions in the global cryogenic equipment market?
  • 10. Who are the key players/companies in the global cryogenic equipment market?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Cryogenic Equipment Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Equipment

  • 6.1 Tanks
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Pumps
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Heat Exchanger
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast
  • 6.4 Valves
    • 6.4.1 Market Trends
    • 6.4.2 Market Forecast
  • 6.5 Others
    • 6.5.1 Market Trends
    • 6.5.2 Market Forecast

7 Market Breakup by Cryogen

  • 7.1 Nitrogen
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Liquified Natural Gas
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 Helium
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast
  • 7.4 Others
    • 7.4.1 Market Trends
    • 7.4.2 Market Forecast

8 Market Breakup by Application

  • 8.1 Storage
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Transportation
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 Processing
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast
  • 8.4 Others
    • 8.4.1 Market Trends
    • 8.4.2 Market Forecast

9 Market Breakup by End Use Industry

  • 9.1 Oil and Gas
    • 9.1.1 Market Trends
    • 9.1.2 Market Forecast
  • 9.2 Energy and Power
    • 9.2.1 Market Trends
    • 9.2.2 Market Forecast
  • 9.3 Food and Beverages
    • 9.3.1 Market Trends
    • 9.3.2 Market Forecast
  • 9.4 Healthcare
    • 9.4.1 Market Trends
    • 9.4.2 Market Forecast
  • 9.5 Marine and Aerospace
    • 9.5.1 Market Trends
    • 9.5.2 Market Forecast
  • 9.6 Chemicals
    • 9.6.1 Market Trends
    • 9.6.2 Market Forecast
  • 9.7 Others
    • 9.7.1 Market Trends
    • 9.7.2 Market Forecast

10 Market Breakup by Region

  • 10.1 North America
    • 10.1.1 United States
      • 10.1.1.1 Market Trends
      • 10.1.1.2 Market Forecast
    • 10.1.2 Canada
      • 10.1.2.1 Market Trends
      • 10.1.2.2 Market Forecast
  • 10.2 Asia Pacific
    • 10.2.1 China
      • 10.2.1.1 Market Trends
      • 10.2.1.2 Market Forecast
    • 10.2.2 Japan
      • 10.2.2.1 Market Trends
      • 10.2.2.2 Market Forecast
    • 10.2.3 India
      • 10.2.3.1 Market Trends
      • 10.2.3.2 Market Forecast
    • 10.2.4 South Korea
      • 10.2.4.1 Market Trends
      • 10.2.4.2 Market Forecast
    • 10.2.5 Australia
      • 10.2.5.1 Market Trends
      • 10.2.5.2 Market Forecast
    • 10.2.6 Indonesia
      • 10.2.6.1 Market Trends
      • 10.2.6.2 Market Forecast
    • 10.2.7 Others
      • 10.2.7.1 Market Trends
      • 10.2.7.2 Market Forecast
  • 10.3 Europe
    • 10.3.1 Germany
      • 10.3.1.1 Market Trends
      • 10.3.1.2 Market Forecast
    • 10.3.2 France
      • 10.3.2.1 Market Trends
      • 10.3.2.2 Market Forecast
    • 10.3.3 United Kingdom
      • 10.3.3.1 Market Trends
      • 10.3.3.2 Market Forecast
    • 10.3.4 Italy
      • 10.3.4.1 Market Trends
      • 10.3.4.2 Market Forecast
    • 10.3.5 Spain
      • 10.3.5.1 Market Trends
      • 10.3.5.2 Market Forecast
    • 10.3.6 Russia
      • 10.3.6.1 Market Trends
      • 10.3.6.2 Market Forecast
    • 10.3.7 Others
      • 10.3.7.1 Market Trends
      • 10.3.7.2 Market Forecast
  • 10.4 Latin America
    • 10.4.1 Brazil
      • 10.4.1.1 Market Trends
      • 10.4.1.2 Market Forecast
    • 10.4.2 Mexico
      • 10.4.2.1 Market Trends
      • 10.4.2.2 Market Forecast
    • 10.4.3 Others
      • 10.4.3.1 Market Trends
      • 10.4.3.2 Market Forecast
  • 10.5 Middle East and Africa
    • 10.5.1 Market Trends
    • 10.5.2 Market Breakup by Country
    • 10.5.3 Market Forecast

11 SWOT Analysis

  • 11.1 Overview
  • 11.2 Strengths
  • 11.3 Weaknesses
  • 11.4 Opportunities
  • 11.5 Threats

12 Value Chain Analysis

13 Porters Five Forces Analysis

  • 13.1 Overview
  • 13.2 Bargaining Power of Buyers
  • 13.3 Bargaining Power of Suppliers
  • 13.4 Degree of Competition
  • 13.5 Threat of New Entrants
  • 13.6 Threat of Substitutes

14 Price Analysis

15 Competitive Landscape

  • 15.1 Market Structure
  • 15.2 Key Players
  • 15.3 Profiles of Key Players
    • 15.3.1 Air Liquide S.A.
      • 15.3.1.1 Company Overview
      • 15.3.1.2 Product Portfolio
      • 15.3.1.3 Financials
      • 15.3.1.4 SWOT Analysis
    • 15.3.2 Air Products and Chemicals Inc.
      • 15.3.2.1 Company Overview
      • 15.3.2.2 Product Portfolio
      • 15.3.2.3 Financials
      • 15.3.2.4 SWOT Analysis
    • 15.3.3 Chart Industries Inc.
      • 15.3.3.1 Company Overview
      • 15.3.3.2 Product Portfolio
      • 15.3.3.3 Financials
    • 15.3.4 Cryofab Inc.
      • 15.3.4.1 Company Overview
      • 15.3.4.2 Product Portfolio
    • 15.3.5 Cryoquip LLC (Nikkiso Co. Ltd.)
      • 15.3.5.1 Company Overview
      • 15.3.5.2 Product Portfolio
    • 15.3.6 Emerson Electric Co.
      • 15.3.6.1 Company Overview
      • 15.3.6.2 Product Portfolio
      • 15.3.6.3 Financials
      • 15.3.6.4 SWOT Analysis
    • 15.3.7 Flowserve Corporation
      • 15.3.7.1 Company Overview
      • 15.3.7.2 Product Portfolio
      • 15.3.7.3 Financials
      • 15.3.7.4 SWOT Analysis
    • 15.3.8 Herose GmbH
      • 15.3.8.1 Company Overview
      • 15.3.8.2 Product Portfolio
    • 15.3.9 INOX India Pvt. Ltd.
      • 15.3.9.1 Company Overview
      • 15.3.9.2 Product Portfolio
    • 15.3.10 Linde Plc
      • 15.3.10.1 Company Overview
      • 15.3.10.2 Product Portfolio
      • 15.3.10.3 Financials
    • 15.3.11 Parker-Hannifin Corporation
      • 15.3.11.1 Company Overview
      • 15.3.11.2 Product Portfolio
      • 15.3.11.3 Financials
      • 15.3.11.4 SWOT Analysis
    • 15.3.12 Wessington Cryogenics
      • 15.3.12.1 Company Overview
      • 15.3.12.2 Product Portfolio
      • 15.3.12.3 Financials