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市場調查報告書
商品編碼
1801170

2025 年至 2033 年低溫設備市場規模、佔有率、趨勢及預測（按設備、冷媒、應用、最終用途產業及地區分類）

Cryogenic Equipment Market Size, Share, Trends and Forecast by Equipment, Cryogen, Application, End Use Industry, and Region, 2025-2033
出版日期: | 出版商: IMARC | 英文 124 Pages | 商品交期: 2-3個工作天內

價格

2024年，全球低溫設備市場規模達227.3億美元。展望未來， IMARC Group預測，到2033年，市場規模將達到344億美元，2025-2033年期間的複合年成長率為4.23%。亞太地區目前佔據市場主導地位，2024年將佔據超過37.8%的市場。先進技術的廣泛應用、醫療保健產業對多種應用產品需求的不斷成長、各種食品加工應用中產品需求的不斷成長以及可再生能源的不斷成長，都是推動市場發展的一些因素。

低溫設備市場的成長主要得益於液化天然氣 (LNG) 作為清潔能源日益成長的需求，以及冶金、食品加工和電子等行業對工業氣體日益成長的需求。根據國際能源總署發布的報告，全球天然氣需求將在 2024 年達到創紀錄的 4,2,000 億立方米，年增超過 2.5%。然而，由於地緣政治衝突和專案延誤影響成長，2024 年第一季至第三季液化天然氣供應僅成長 2%。冷凍療法和冷凍保存等醫療保健應用的不斷擴大顯著增加了對低溫系統的需求。全球向再生能源和氫基技術的轉變進一步推動了市場成長，因為這些產業需要先進的低溫儲存和運輸解決方案。持續的技術創新、對太空探索的投資不斷增加以及促進清潔能源應用的嚴格環境法規是推動市場向前發展的關鍵因素。

美國低溫設備市場受到液化天然氣 (LNG) 需求不斷成長的推動，液化天然氣是一種更清潔的能源，得益於該國強勁的天然氣產量。例如，2025 年 1 月，德州的 Freeport LNG 宣布裝運了自營運以來的第 800 批液化天然氣，具有里程碑意義。著名客戶 JERA 進一步宣布將加強擴建 LNG 設施的投資和基礎設施支援。冷凍療法、冷凍保存和醫用氣體儲存等醫療保健應用的成長發揮著重要作用。脫碳浪潮推動的氫能系統擴張進一步加速了需求。航太和國防部門利用低溫技術進行推進和材料測試。食品保鮮、金屬加工和電子製造中工業氣體用量的增加以及低溫技術在效率和安全性方面的進步也促進了市場成長。

低溫設備市場趨勢：

快速工業化

全球快速的工業化過程為市場帶來了巨大的機會。隨著產業的擴張與多樣化，對低溫設備的需求也隨之成長。在化學領域，低溫設備用於液化氣體，根據產業報告，2023年全球液化天然氣產量將達到4.01億噸，推動了需求的成長。這些行業通常需要極低溫解決方案來滿足各種應用需求。例如，在化學和石化領域，低溫設備對於氣體的分離和液化至關重要，有助於生產工業氣體、化學品和液化天然氣，從而促進了低溫設備市場的需求。此外，不斷擴張的製藥業依靠低溫設備來冷凍保存生物材料，例如細胞培養和疫苗，以確保其穩定性和有效性。此外，食品加工產業利用低溫冷凍和冷卻系統來維持產品品質、延長保存期限並滿足嚴格的安全標準。隨著發展中國家快速工業化，這些新興市場對低溫設備的需求日益成長，進一步推動了市場的成長。

研發活動中產品需求的增加

研發活動中不斷成長的產品需求代表了低溫設備市場的關鍵趨勢之一。例如，量子計算的進步需要將超導體冷卻至1開爾文以下，而低溫系統則能夠研究極端溫度下的化學反應，這將對材料科學和製藥業產生深遠的影響。低溫設備在物理學、化學和生物學等各個科學領域都不可或缺，這些領域的實驗和分析都需要超低溫。在物理學領域，低溫設備可以冷卻超導材料，從而推動量子運算和能量傳輸領域的突破。在化學領域，低溫設備有助於研究極低溫度下的化學反應，促進新材料和新藥物的開發。此外，低溫設備在生物技術和生命科學領域也發揮關鍵作用，例如保存生物樣本、促進基因研究以及儲存用於再生醫學的細胞和組織。隨著製藥、電子和材料科學等各行各業研發力度的加大，對精密可靠的低溫設備的需求也日益成長。該設備助力研究人員探索新領域，取得創新發現，推動市場擴張。此外，低溫技術的進步不斷提升其多功能性和效率，使其成為全球科學家和研究人員不可或缺的工具。

提高再生能源儲存和運輸產品的利用率

用於儲存和運輸再生能源的產品利用率不斷上升，促進了市場成長。低溫系統，尤其是液態氫和液態氧儲存，在新興的再生能源領域至關重要。這些系統在儲存風能和太陽能等再生能源產生的多餘能源方面發揮關鍵作用，這些能源可在能源生產低谷或需求高峰期使用。隨著再生能源市場的成長，預計到2027年全球風能和太陽能裝置容量將達到2,400吉瓦（根據產業報告），對低溫設備的需求也將隨之成長。此外，低溫儲能為電網穩定性提供了一種可擴展且環保的解決方案，有助於平衡再生能源的間歇性，並確保穩定的電力供應。向清潔能源的過渡促使對低溫基礎設施的投資增加，包括用於能源儲存和運輸的液化天然氣（LNG）。隨著世界轉向永續能源解決方案，對低溫設備的需求將持續成長，為低溫設備市場創造巨大的成長機會。這一因素與全球減少碳排放和向更環保的能源解決方案轉型的努力一致，使低溫設備成為再生能源領域的重要組成部分。

目錄

第1章：前言

第2章：範圍與方法

  • 研究目標
  • 利害關係人
  • 資料來源
    • 主要來源
    • 次要來源
  • 市場評估
    • 自下而上的方法
    • 自上而下的方法
  • 預測方法

第3章：執行摘要

第4章：簡介

第5章：全球低溫設備市場

  • 市場概覽
  • 市場表現
  • COVID-19的影響
  • 市場預測

第6章：市場區隔：依設備

  • 坦克
  • 泵浦
  • 熱交換器
  • 閥門
  • 其他

第7章：市場區隔：依冷媒

  • 氮
  • 液化天然氣
  • 氦
  • 其他

第 8 章：市場區隔：按應用

  • 貯存
  • 運輸
  • 加工
  • 其他

第9章：市場區隔：依最終用途產業

  • 石油和天然氣
  • 能源和電力
  • 食品和飲料
  • 衛生保健
  • 海洋和航太
  • 化學品
  • 其他

第10章：市場細分：按地區

  • 北美洲
    • 美國
    • 加拿大
  • 亞太地區
    • 中國
    • 日本
    • 印度
    • 韓國
    • 澳洲
    • 印尼
    • 其他
  • 歐洲
    • 德國
    • 法國
    • 英國
    • 義大利
    • 西班牙
    • 俄羅斯
    • 其他
  • 拉丁美洲
    • 巴西
    • 墨西哥
    • 其他
  • 中東和非洲

第 11 章：SWOT 分析

第 12 章：價值鏈分析

第 13 章：波特五力分析

第 14 章：價格分析

第 15 章：競爭格局

  • 市場結構
  • 關鍵參與者
  • 關鍵參與者簡介
    • Air Liquide SA
    • 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
Product Code: SR112025A2577

The global cryogenic equipment market size was valued at USD 22.73 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 34.40 Billion by 2033, exhibiting a CAGR of 4.23% during 2025-2033. Asia Pacific currently dominates the market, holding a significant market share of over 37.8% in 2024. The widespread 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.

The cryogenic equipment market growth is primarily driven by the growing demand for liquefied natural gas (LNG) as a cleaner energy source coupled with the increasing need for industrial gases in sectors such as metallurgy, food processing and electronics. According to the report published by IEA, the demand for gas across the globe is set to reach a record 4,200 bcm in 2024 growing over 2.5% year-on-year. However, LNG supply increased only 2% in Q1-Q3 2024 with geopolitical conflicts and project delays affecting growth. Expanding healthcare applications including cryotherapy and cryopreservation significantly boost demand for cryogenic systems. The global shift toward renewable energy and hydrogen-based technologies further propels market growth as these sectors require advanced cryogenic solutions for storage and transportation. Ongoing technological innovations, rising investments in space exploration and stringent environmental regulations promoting clean energy adoption are key factors driving the market forward.

The United States cryogenic equipment market is driven by the rising demand for liquefied natural gas (LNG) as a cleaner energy source supported by the country's robust natural gas production. For instance, in January 2025, Freeport LNG in Texas announced the landmark shipment of its 800th liquefied natural gas cargo since operations began. JERA, a notable customer further announced the enhancement of its investment and infrastructure support for the expanding LNG facility. Growth in healthcare applications including cryotherapy, cryopreservation and medical gas storage plays a significant role. The expansion of hydrogen-based energy systems driven by the push for decarbonization further accelerates demand. The aerospace and defense sectors leverage cryogenic technologies for propulsion and material testing. Increasing industrial gas usage in food preservation, metal processing and electronics manufacturing also contributes to market growth alongside advancements in cryogenic technologies for efficiency and safety.

Cryogenic Equipment Market Trends:

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. In the chemical sector, cryogenic equipment is used to liquefy gases, with global LNG production reaching 401 million tons in 2023 (as per an industry report), driving demand. 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, which, in turn, is facilitating the cryogenic equipment market demand. 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 represents one of the key cryogenic equipment market trends. For instance, quantum computing advancements require cooling superconductors to temperatures below 1 Kelvin, while cryogenic systems enable the study of chemical reactions at extreme temperatures, impacting material science and pharmaceuticals. 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. As the renewable energy market grows, with global wind and solar capacity expected to reach 2,400 GW by 2027 (as per an industry report), the demand for cryogenic equipment increases. 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:

Analysis by Equipment:

  • Tanks
  • Pumps
  • Heat Exchanger
  • Valves
  • Others

Tanks leads the market with around 63.3% of market share in 2024. 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.

Analysis by Cryogen:

  • Nitrogen
  • Liquified Natural Gas
  • Helium
  • Others

Liquified natural gas leads the market with around 47.7% of the total cryogenic equipment market share in 2024. 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.

Analysis by Application:

  • Storage
  • Transportation
  • Processing
  • Others

Storage leads the market with around 45.2% of market share in 2024. 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.

Analysis by End Use Industry:

  • Oil and Gas
  • Energy and Power
  • Food and Beverages
  • Healthcare
  • Marine and Aerospace
  • Chemicals
  • Others

Energy and power leads the market with around 26.9% of market share in 2024. The energy and power sector is the largest end-use industry in the Cryogenic Equipment Market because of its critical need for efficient storage and transportation of liquefied gases. Cryogenic equipment is crucial for the production of liquefied natural gas (LNG) where it helps cool and store gas at ultra-low temperatures for easy transport and distribution. Growing global demand for LNG as an alternative source of energy further pushes the need for cryogenic solutions. Moreover, with the advancement in cryogenic technology, the generation of power especially through carbon capture and storage processes has become one of the biggest contributors to the industry's growth.

Regional Analysis:

  • North America
    • United States
    • Canada
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

In 2024, Asia Pacific accounted for the largest market share of over 37.8%. Rapid industrialization and urbanization creating a positive cryogenic equipment market outlook across the region. 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.

Key Regional Takeaways:

North America Cryogenic Equipment Market Analysis

The North American cryogenic equipment market is experiencing robust growth driven by rising demand for LNG exports and infrastructure expansion. The United States, a global leader in LNG exports benefits from competitive pricing and favorable geographic positioning fostering increased trade with key markets like Asia and Europe. The Canadian market is also contributing with investments in LNG export terminals and cryogenic technologies for hydrogen energy and carbon capture projects. Advancements in healthcare applications such as cryopreservation and cryosurgery and the growing use of industrial gases in food processing and manufacturing further fuel demand for cryogenic solutions. Government support for clean energy initiatives including hydrogen and LNG infrastructure enhances market growth. Key players in the region are leveraging these trends to strengthen their market presence and address the growing need for efficient, and high-quality cryogenic equipment.

United States Cryogenic Equipment Market Analysis

In 2024, the United States captured 86.70% of revenue in the North American market. The U.S. cryogenic equipment market is highly growing due to the growth in LNG exports from the country and its infrastructural development. According to industrial reports, in 2023, the United States overtook the UAE as India's second-largest LNG supplier, with exports reaching 3.09 million tonnes (MT) compared to 2.16 MT in 2022. LNG exports are driven by the competitive pricing of U.S. LNG due to weakening international LNG prices and favorable geographic positioning through the Cape of Good Hope, making it more competitive for markets like India. Increased LNG demand is mostly on the rise in Asia. As a result, liquefaction, transportation, and regasification processes for natural gas require higher quality cryogenic equipment. Therefore, the U.S. cryogenic equipment market benefits from this increase in the volume of trade in LNG due to further investment by the country in LNG infrastructure and expansion capacity. As the United States cements its position in international LNG exports, cryogenic equipment has an essential role to play in safeguarding and efficiently transporting LNG for a successful energy transition for the United States and in strengthening its foothold on global energy markets.

Europe Cryogenic Equipment Market Analysis

The cryogenic equipment market in Europe is bound to experience growth with growing demand from sectors like energy, healthcare, and food preservation. The European Green Deal, proposed by the European Commission, plans to mobilize USD 1.07 Trillion in sustainable investments in the next ten years directly supporting energy infrastructure, such as LNG terminals and cryogenic storage solutions. The Connecting Europe Facility (CEF) Energy program will provide around USD 5.72 Billion between 2021 and 2027 for projects to interconnect the EU's energy networks, thereby improving security of supply. Among key players are Germany, UK, and France; by 2025, Germany will spend USD 2.68 billion upgrading LNG terminals that will positively affect demand for cryogenic storage and transportation solutions. The healthcare sector's dependence on cryogenic technologies for biobanking and cryosurgery, combined with population growth and sustainability goals, are also fueling the demand for cryogenic solutions in Europe. The leading companies, Air Liquide and Messer Group, are capitalizing on these trends and thus strengthening their position in the market.

Latin America Cryogenic Equipment Market Analysis

In Latin America, there is a growth of the cryogenic equipment market caused by the growing demand for LNG and infrastructure investments. LNG imports in the region increased by almost 6% from August 2023, driven in part by rising demand from Brazil and Colombia, an industrial report indicated. Also, as of January 2023, the overall LNG volume imported to Latin America and the Caribbean was at 0.46 metric tons, according to an industrial report. Such an uptrend in imports also demonstrates the increasing demand for cryogenic storage and transportation solutions that are necessary for the supply of LNG. Brazil is one of the largest economies in this region and is currently investing in LNG infrastructure. Some of the new import terminals and regasification projects that are being developed. The increasing demand for cleaner energy sources and expanding use of natural gas in power generation and industrial applications is driving the demand for advanced cryogenic technologies. Yara International and Linde are among companies which play a key role in fulfilling the growing cryogenic needs in the region. The Latin American region is also benefited by energy security enhancement initiatives by their governments, which contribute significantly to the growth of this cryogenic equipment market within the region.

Middle East and Africa Cryogenic Equipment Market Analysis

In the Middle East, demand for cryogenic equipment is on the rise, especially in the UAE, due to the expansion of oil, gas, and LNG infrastructure by ADNOC. The company is actively engaged in offshore natural gas exploration with discoveries like the one in February 2022 off Abu Dhabi, International Trade Administration stated. The UAE will be self-sufficient in its gas supply by 2030, a move that will raise the demand for cryogenic storage and transport equipment for LNG, among other things. This is further heightened by ADNOC's new LNG plant in Fujairah, which it expects to double its export capacity to 9.6 million tons annually. Ongoing investments in the UAE include expansion downstream activities of USD 45 Billion and investment in Ruwais Derivatives Park at a value of USD 5 Billion, providing further significant opportunities for suppliers of cryogenic equipment. This investment also increases potential for sectors like industrial gas production and LNG processing. Efforts by ADNOC towards decarbonization and renewable energy investment, clean hydrogen, and carbon capture technology reflect a growth trend toward advanced cryogenic infrastructure within the region. As industrial projects like the first hydrogen electrolyzer plant are set up in the UAE, the Middle East will rely much on cryogenic technologies as the energy transition takes place. Combined with higher LNG production and export capacity, the UAE is taking the lead in the market for cryogenic equipment in the Middle East, providing significant opportunities for international suppliers.

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 provides a comprehensive analysis of the competitive landscape in the cryogenic equipment market with detailed profiles of all major companies, including:

  • 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

Key Questions Answered in This Report

  • 1.How big is the cryogenic equipment market?
  • 2.What is the future outlook of cryogenic equipment market?
  • 3.What are the key factors driving the cryogenic equipment market?
  • 4.Which region accounts for the largest cryogenic equipment market share?
  • 5.Which are the leading 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

List of Figures

  • Figure 1: Global: Cryogenic Equipment Market: Major Drivers and Challenges
  • Figure 2: Global: Cryogenic Equipment Market: Sales Value (in Billion USD), 2019-2024
  • Figure 3: Global: Cryogenic Equipment Market: Breakup by Equipment (in %), 2024
  • Figure 4: Global: Cryogenic Equipment Market: Breakup by Cryogen (in %), 2024
  • Figure 5: Global: Cryogenic Equipment Market: Breakup by Application (in %), 2024
  • Figure 6: Global: Cryogenic Equipment Market: Breakup by End Use Industry (in %), 2024
  • Figure 7: Global: Cryogenic Equipment Market: Breakup by Region (in %), 2024
  • Figure 8: Global: Cryogenic Equipment Market Forecast: Sales Value (in Billion USD), 2025-2033
  • Figure 9: Global: Cryogenic Equipment (Tanks) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 10: Global: Cryogenic Equipment (Tanks) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 11: Global: Cryogenic Equipment (Pumps) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 12: Global: Cryogenic Equipment (Pumps) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 13: Global: Cryogenic Equipment (Heat Exchanger) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 14: Global: Cryogenic Equipment (Heat Exchanger) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 15: Global: Cryogenic Equipment (Valves) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 16: Global: Cryogenic Equipment (Valves) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 17: Global: Cryogenic Equipment (Other Equipments) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 18: Global: Cryogenic Equipment (Other Equipments) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 19: Global: Cryogenic Equipment (Nitrogen) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 20: Global: Cryogenic Equipment (Nitrogen) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 21: Global: Cryogenic Equipment (Liquified Natural Gas) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 22: Global: Cryogenic Equipment (Liquified Natural Gas) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 23: Global: Cryogenic Equipment (Helium) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 24: Global: Cryogenic Equipment (Helium) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 25: Global: Cryogenic Equipment (Other Cryogens) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 26: Global: Cryogenic Equipment (Other Cryogens) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 27: Global: Cryogenic Equipment (Storage) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 28: Global: Cryogenic Equipment (Storage) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 29: Global: Cryogenic Equipment (Transportation) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 30: Global: Cryogenic Equipment (Transportation) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 31: Global: Cryogenic Equipment (Processing) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 32: Global: Cryogenic Equipment (Processing) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 33: Global: Cryogenic Equipment (Other Applications) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 34: Global: Cryogenic Equipment (Other Applications) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 35: Global: Cryogenic Equipment (Oil and Gas) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 36: Global: Cryogenic Equipment (Oil and Gas) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 37: Global: Cryogenic Equipment (Energy and Power) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 38: Global: Cryogenic Equipment (Energy and Power) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 39: Global: Cryogenic Equipment (Food and Beverages) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 40: Global: Cryogenic Equipment (Food and Beverages) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 41: Global: Cryogenic Equipment (Healthcare) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 42: Global: Cryogenic Equipment (Healthcare) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 43: Global: Cryogenic Equipment (Marine and Aerospace) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 44: Global: Cryogenic Equipment (Marine and Aerospace) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 45: Global: Cryogenic Equipment (Chemicals) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 46: Global: Cryogenic Equipment (Chemicals) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 47: Global: Cryogenic Equipment (Other End Use Industries) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 48: Global: Cryogenic Equipment (Other End Use Industries) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 49: North America: Cryogenic Equipment Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 50: North America: Cryogenic Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 51: United States: Cryogenic Equipment Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 52: United States: Cryogenic Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 53: Canada: Cryogenic Equipment Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 54: Canada: Cryogenic Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 55: Asia Pacific: Cryogenic Equipment Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 56: Asia Pacific: Cryogenic Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 57: China: Cryogenic Equipment Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 58: China: Cryogenic Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 59: Japan: Cryogenic Equipment Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 60: Japan: Cryogenic Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 61: India: Cryogenic Equipment Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 62: India: Cryogenic Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 63: South Korea: Cryogenic Equipment Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 64: South Korea: Cryogenic Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 65: Australia: Cryogenic Equipment Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 66: Australia: Cryogenic Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 67: Indonesia: Cryogenic Equipment Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 68: Indonesia: Cryogenic Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 69: Others: Cryogenic Equipment Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 70: Others: Cryogenic Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 71: Europe: Cryogenic Equipment Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 72: Europe: Cryogenic Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 73: Germany: Cryogenic Equipment Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 74: Germany: Cryogenic Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 75: France: Cryogenic Equipment Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 76: France: Cryogenic Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 77: United Kingdom: Cryogenic Equipment Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 78: United Kingdom: Cryogenic Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 79: Italy: Cryogenic Equipment Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 80: Italy: Cryogenic Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 81: Spain: Cryogenic Equipment Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 82: Spain: Cryogenic Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 83: Russia: Cryogenic Equipment Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 84: Russia: Cryogenic Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 85: Others: Cryogenic Equipment Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 86: Others: Cryogenic Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 87: Latin America: Cryogenic Equipment Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 88: Latin America: Cryogenic Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 89: Brazil: Cryogenic Equipment Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 90: Brazil: Cryogenic Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 91: Mexico: Cryogenic Equipment Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 92: Mexico: Cryogenic Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 93: Others: Cryogenic Equipment Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 94: Others: Cryogenic Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 95: Middle East and Africa: Cryogenic Equipment Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 96: Middle East and Africa: Cryogenic Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
  • 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, 2024 and 2033
  • Table 2: Global: Cryogenic Equipment Market Forecast: Breakup by Equipment (in Million USD), 2025-2033
  • Table 3: Global: Cryogenic Equipment Market Forecast: Breakup by Cryogen (in Million USD), 2025-2033
  • Table 4: Global: Cryogenic Equipment Market Forecast: Breakup by Application (in Million USD), 2025-2033
  • Table 5: Global: Cryogenic Equipment Market Forecast: Breakup by End Use Industry (in Million USD), 2025-2033
  • Table 6: Global: Cryogenic Equipment Market Forecast: Breakup by Region (in Million USD), 2025-2033
  • Table 7: Global: Cryogenic Equipment Market Structure
  • Table 8: Global: Cryogenic Equipment Market: Key Players