Market Research Report

A quick peek into the report

1.1       Trends: Current and Future Impact Assessment
1.1.1           Increasing Demand from Healthcare Sector for MRI Machines
1.1.2           Rising Demand from Aerospace Industry for Applications such as Rocket Propulsion Systems
1.2       Supply Chain Overview
1.2.1           Value chain Analysis
1.2.2           Market Map
1.3       R&D Review
1.3.1           Patent Filing Trend by Country, by Company
1.4       Regulatory Landscape
1.5       Stakeholder Analysis
1.5.1           Use case
1.5.2           End User and buying criteria
1.6       Impact analysis for Key Global Events-covid19, Russia/Ukraine or Middle East crisis
1.7 Recent Developments by Key Players in Cryogenic Equipment Market
1.8       Market Dynamics Overview
1.8.1           Market Drivers
1.8.2           Market Restraints
1.8.3           Market Opportunities

2.1       Application Segmentation
2.2       Application Summary
2.3       Global Cryogenic Equipment Market – by End-User
2.3.1           Oil and Gas
2.3.2           Metallurgy
2.3.3           Power Generation
2.3.4           Chemical and Petrochemical
2.3.5           Marine
2.3.6           Others

3.1       Product Segmentation
3.2       Product Summary
3.3       Global Cryogenic Equipment Market – by Product
3.3.1           Tank
3.3.2           Valve
3.3.3           Vaporizer
3.3.4           Pump
3.3.5           Actuator
3.3.6           Bayonet Connection
3.3.7           Others
3.4       Global Cryogenic Equipment Market – by Cryogen Type
3.4.1           Nitrogen
3.4.2           Oxygen
3.4.3           Argon
3.4.4           Liquefied Natural Gas (LNG)
3.4.5           Hydrogen
3.4.6           Helium
3.4.7           Others

4.1       Regional Summary
           Table: Global Cryogenic Equipment Market, By Region, ($ Million), 2022-2033
4.2       Drivers and Restraints
4.3       North America
4.3.1           Key Market Participants in North America
4.3.2           Business Drivers
4.3.3           Business Challenges
4.3.4           Application
               Table: North America Cryogenic Equipment Market, by End-User ($ Million), 2022-2033
4.3.5           Product
               Table: North America Cryogenic Equipment Market, by Product ($ Million), 2022-2033
               Table: North America Cryogenic Equipment Market, by Cryogen Type ($ Million), 2022-2033
4.3.6           North America Cryogenic Equipment Market (by Country)
   4.3.6.1               U.S.
                   Table: U.S. Cryogenic Equipment Market, by End-User ($ Million), 2022-2033
                   Table: U.S. Cryogenic Equipment Market, by Product ($ Million), 2022-2033
                   Table: U.S. Cryogenic Equipment Market, by Cryogen Type ($ Million), 2022-2033
   4.3.6.2               Canada
                   Table: Canada Cryogenic Equipment Market, by End-User ($ Million), 2022-2033
                   Table: Canada Cryogenic Equipment Market, by Product ($ Million), 2022-2033
                   Table: Canada Cryogenic Equipment Market, by Cryogen Type ($ Million), 2022-2033
   4.3.6.3               Mexico
                   Table: Mexico Cryogenic Equipment Market, by End-User ($ Million), 2022-2033
                   Table: Mexico Cryogenic Equipment Market, by Product ($ Million), 2022-2033
                   Table: Mexico Cryogenic Equipment Market, by Cryogen Type ($ Million), 2022-2033
4.4       Europe
4.4.1           Key Market Participants in Europe
4.4.2           Business Drivers
4.4.3           Business Challenges
4.4.4           Application
               Table: Europe Cryogenic Equipment Market, by End-User ($ Million), 2022-2033
4.4.5           Product
               Table: Europe Cryogenic Equipment Market, by Product ($ Million), 2022-2033
               Table: Europe Cryogenic Equipment Market, by Cryogen Type ($ Million), 2022-2033
4.4.6           Europe Cryogenic Equipment Market (by Country)
   4.4.6.1               Germany
                   Table: Germany Cryogenic Equipment Market, by End-User ($ Million), 2022-2033
                   Table: Germany Cryogenic Equipment Market, by Product ($ Million), 2022-2033
                   Table: Germany Cryogenic Equipment Market, by Cryogen Type ($ Million), 2022-2033
   4.4.6.2               France
                   Table: France Cryogenic Equipment Market, by End-User ($ Million), 2022-2033
                   Table: France Cryogenic Equipment Market, by Product ($ Million), 2022-2033
                   Table: France Cryogenic Equipment Market, by Cryogen Type ($ Million), 2022-2033
   4.4.6.3               Italy
                   Table: Italy Cryogenic Equipment Market, by End-User ($ Million), 2022-2033
                   Table: Italy Cryogenic Equipment Market, by Product ($ Million), 2022-2033
                   Table: Italy Cryogenic Equipment Market, by Cryogen Type ($ Million), 2022-2033
   4.4.6.4               Spain
                   Table: Spain Cryogenic Equipment Market, by End-User ($ Million), 2022-2033
                   Table: Spain Cryogenic Equipment Market, by Product ($ Million), 2022-2033
                   Table: Spain Cryogenic Equipment Market, by Cryogen Type ($ Million), 2022-2033
   4.4.6.5               U.K.
                   Table: U.K. Cryogenic Equipment Market, by End-User ($ Million), 2022-2033
                   Table: U.K. Cryogenic Equipment Market, by Product ($ Million), 2022-2033
                   Table: U.K. Cryogenic Equipment Market, by Cryogen Type ($ Million), 2022-2033
   4.4.6.6               Rest-of-Europe
                   Table: Rest-of-Europe Cryogenic Equipment Market, by End-User ($ Million), 2022-2033
                   Table: Rest-of-Europe Cryogenic Equipment Market, by Product ($ Million), 2022-2033
                   Table: Rest-of-Europe Cryogenic Equipment Market, by Cryogen Type ($ Million), 2022-2033
4.5       Asia-Pacific
4.5.1           Key Market Participants in Asia-Pacific
4.5.2           Business Drivers
4.5.3           Business Challenges
4.5.4           Application
               Table: Asia-Pacific Cryogenic Equipment Market, by End-User ($ Million), 2022-2033
4.5.5           Product
               Table: Asia-Pacific Cryogenic Equipment Market, by Product ($ Million), 2022-2033
               Table: Asia-Pacific Cryogenic Equipment Market, by Cryogen Type ($ Million), 2022-2033
4.5.6           Asia-Pacific Cryogenic Equipment Market (by Country)
   4.5.6.1               China
                   Table: China Cryogenic Equipment Market, by End-User ($ Million), 2022-2033
                   Table: China Cryogenic Equipment Market, by Product ($ Million), 2022-2033
                   Table: China Cryogenic Equipment Market, by Cryogen Type ($ Million), 2022-2033
   4.5.6.2               Japan
                   Table: Japan Cryogenic Equipment Market, by End-User ($ Million), 2022-2033
                   Table: Japan Cryogenic Equipment Market, by Product ($ Million), 2022-2033
                   Table: Japan Cryogenic Equipment Market, by Cryogen Type ($ Million), 2022-2033
   4.5.6.3               India
                   Table: India Cryogenic Equipment Market, by End-User ($ Million), 2022-2033
                   Table: India Cryogenic Equipment Market, by Product ($ Million), 2022-2033
                   Table: India Cryogenic Equipment Market, by Cryogen Type ($ Million), 2022-2033
   4.5.6.4               Australia
                   Table: Australia Cryogenic Equipment Market, by End-User ($ Million), 2022-2033
                   Table: Australia Cryogenic Equipment Market, by Product ($ Million), 2022-2033
                   Table: Australia Cryogenic Equipment Market, by Cryogen Type ($ Million), 2022-2033
   4.5.6.5               Rest-of-Asia-Pacific
                   Table: Rest-of-Asia-Pacific Cryogenic Equipment Market, by End-User ($ Million), 2022-2033
                   Table: Rest-of-Asia-Pacific Cryogenic Equipment Market, by Product ($ Million), 2022-2033
                   Table: Rest-of-Asia-Pacific Cryogenic Equipment Market, by Cryogen Type ($ Million), 2022-2033
4.6       Rest-of-the-World
4.6.1           Key Market Participants in Rest-of-the-World
4.6.2           Business Drivers
4.6.3           Business Challenges
4.6.4           Application
               Table: Rest-of-the-World Cryogenic Equipment Market, by End-User ($ Million), 2022-2033
4.6.5           Product
               Table: Rest-of-the-World Cryogenic Equipment Market, by Product ($ Million), 2022-2033
               Table: Rest-of-the-World Cryogenic Equipment Market, by Cryogen Type ($ Million), 2022-2033
4.6.6           Rest of the World Cryogenic Equipment Market (By Region)
   4.6.6.1               The Middle East and Africa
                   Table: The Middle East and Africa Cryogenic Equipment Market, by End-User ($ Million), 2022-2033
                   Table: The Middle East and Africa Cryogenic Equipment Market, by Product ($ Million), 2022-2033
                   Table: The Middle East and Africa Cryogenic Equipment Market, by Cryogen Type ($ Million), 2022-2033
   4.6.6.2               South America
                   Table: South America Cryogenic Equipment Market, by End-User ($ Million), 2022-2033
                   Table: South America Cryogenic Equipment Market, by Product ($ Million), 2022-2033
                   Table: South America Cryogenic Equipment Market, by Cryogen Type ($ Million), 2022-2033

5.1       Competitive Landscape
5.2       Company Profiles
5.2.1           Chart Industries Inc.
5.2.1.1               Overview
5.2.1.2               Top Products / Product Portfolio
5.2.1.3               Top Competitors
5.2.1.4               Target Customers/End-Users
5.2.1.5               Key Personnel
5.2.1.6               Analyst View
5.2.1.7               Market Share
5.2.2           Linde plc
5.2.2.1               Overview
5.2.2.2               Top Products / Product Portfolio
5.2.2.3               Top Competitors
5.2.2.4               Target Customers/End-Users
5.2.2.5               Key Personnel
5.2.2.6               Analyst View
5.2.2.7               Market Share
5.2.3           Herose GmbH
5.2.3.1               Overview
5.2.3.2               Top Products / Product Portfolio
5.2.3.3               Top Competitors
5.2.3.4               Target Customers/End-Users
5.2.3.5               Key Personnel
5.2.3.6               Analyst View
5.2.3.7               Market Share
5.2.4           Nikkiso Co. Ltd.
5.2.4.1               Overview
5.2.4.2               Top Products / Product Portfolio
5.2.4.3               Top Competitors
5.2.4.4               Target Customers/End-Users
5.2.4.5               Key Personnel
5.2.4.6               Analyst View
5.2.4.7               Market Share
5.2.5           Wessington Cryogenics
5.2.5.1               Overview
5.2.5.2               Top Products / Product Portfolio
5.2.5.3               Top Competitors
5.2.5.4               Target Customers/End-Users
5.2.5.5               Key Personnel
5.2.5.6               Analyst View
5.2.5.7               Market Share
5.2.6           Braunschweiger Flammenfilter GmbH
5.2.6.1               Overview
5.2.6.2               Top Products / Product Portfolio
5.2.6.3               Top Competitors
5.2.6.4               Target Customers/End-Users
5.2.6.5               Key Personnel
5.2.6.6               Analyst View
5.2.6.7               Market Share
5.2.7           Standex International
5.2.7.1               Overview
5.2.7.2               Top Products / Product Portfolio
5.2.7.3               Top Competitors
5.2.7.4               Target Customers/End-Users
5.2.7.5               Key Personnel
5.2.7.6               Analyst View
5.2.7.7               Market Share
5.2.8           INOX India Limited
5.2.8.1               Overview
5.2.8.2               Top Products / Product Portfolio
5.2.8.3               Top Competitors
5.2.8.4               Target Customers/End-Users
5.2.8.5               Key Personnel
5.2.8.6               Analyst View
5.2.8.7               Market Share
5.2.9           Air Liquide SA
5.2.9.1               Overview
5.2.9.2               Top Products / Product Portfolio
5.2.9.3               Top Competitors
5.2.9.4               Target Customers/End-Users
5.2.9.5               Key Personnel
5.2.9.6               Analyst View
5.2.9.7               Market Share
5.2.10           Premier Cryogenics Ltd.
5.2.10.1               Overview
5.2.10.2               Top Products / Product Portfolio
5.2.10.3               Top Competitors
5.2.10.4               Target Customers/End-Users
5.2.10.5               Key Personnel
5.2.10.6               Analyst View
5.2.10.7               Market Share
5.2.11           Lapesa Grupo Empresarial s.l
5.2.11.1               Overview
5.2.11.2               Top Products / Product Portfolio
5.2.11.3               Top Competitors
5.2.11.4               Target Customers/End-Users
5.2.11.5               Key Personnel
5.2.11.6               Analyst View
5.2.11.7               Market Share
5.2.12           Galileo Technologies S.A.
5.2.12.1               Overview
5.2.12.2               Top Products / Product Portfolio
5.2.12.3               Top Competitors
5.2.12.4               Target Customers/End-Users
5.2.12.5               Key Personnel
5.2.12.6               Analyst View
5.2.12.7               Market Share
5.2.13           MAN Energy Solutions SE
5.2.13.1               Overview
5.2.13.2               Top Products / Product Portfolio
5.2.13.3               Top Competitors
5.2.13.4               Target Customers/End-Users
5.2.13.5               Key Personnel
5.2.13.6               Analyst View
5.2.13.7               Market Share
5.2.14           Cryolor SA
5.2.14.1               Overview
5.2.14.2               Top Products / Product Portfolio
5.2.14.3               Top Competitors
5.2.14.4               Target Customers/End-Users
5.2.14.5               Key Personnel
5.2.14.6               Analyst View
5.2.14.7               Market Share
5.2.15           SAS Cryo Pur
5.2.15.1               Overview
5.2.15.2               Top Products / Product Portfolio
5.2.15.3               Top Competitors
5.2.15.4               Target Customers/End-Users
5.2.15.5               Key Personnel
5.2.15.6               Analyst View
5.2.15.7               Market Share
5.3       Other Key Market Participants

Growth Opportunities & Recommendations

Research Methodology

Cryogenic Equipment Market Report Coverage

Cryogenic Equipment Market
Base Year	2022	Market Size in 2022	$XX Billion
Forecast Period	2023-2033	Value Projection and Estimation by 2033	$XX Billion
CAGR During Forecast Period	XX%

Key Market Players and Competition Synopsis

The companies that are profiled have been selected based on inputs gathered from primary experts and analysing company coverage, product portfolio, and market penetration.

Some of the prominent names established in this market are:

• Chart Industries Inc.
• Air Liquide SA
• Linde plc
• Premier Cryogenics Ltd.
• Wessington Cryogenics

Key Questions Answered in this Report:

• What are the main factors driving the demand for global cryogenic equipment market?
• What are the major patents filed by the companies active in the global cryogenic equipment market?
• What are the strategies adopted by the key companies to gain a competitive edge in cryogenic equipment industry?
• What is the futuristic outlook for the cryogenic equipment in terms of growth potential?
• Which application, and product segment is expected to lead the market over the forecast period (2023-2033)?
• Which region and country is expected to lead the market over the forecast period (2023-2033)?

Introduction to Cryogenic Equipment Market

The global cryogenic equipment market is experiencing significant growth, fueled by various factors and driving forces within industries that rely on low-temperature applications. A primary driver for this growth is the increasing demand for liquefied natural gas (LNG). Cryogenic equipment, including tanks and pumps, plays a crucial role in the production, transportation, and storage of LNG. The expanding global natural gas market, coupled with the growth in LNG trade and infrastructure development, is propelling the demand for advanced cryogenic solutions. As countries emphasize cleaner energy sources and shift towards natural gas, the need for efficient cryogenic equipment is expected to persist and grow.

Technological advancements and innovations in cryogenic applications are key driving factors for the global cryogenic equipment market. Industries such as healthcare, electronics, and aerospace depend on cryogenic equipment for processes requiring extremely low temperatures. Cryogenic systems are integral to medical applications like cryopreservation and medical imaging, as well as in the production of semiconductors and superconductors in the electronics industry. The development of advanced cryogenic technologies, including superconducting materials and magnetic resonance imaging (MRI) systems, contributes to the expansion of the cryogenic equipment market across diverse sectors.

The surge in demand for cryogenic equipment is also fueled by a growing interest in space exploration and satellite technology. Cryogenic systems, particularly those used in rocket propulsion and satellite cooling, are essential for the success of space missions. With increased investments in space exploration programs by both government agencies and private entities, the demand for reliable and high-performance cryogenic equipment continues to rise. As advancements in space technology and exploration activities progress, the global cryogenic equipment market is poised for sustained growth, driven by its critical role in enabling a wide range of low-temperature applications across diverse industries.

Market Segmentation:

Segmentation 1: by End User
• Oil and Gas
• Metallurgy
• Power Generation
• Chemical and Petrochemical
• Marine
• Others

Segmentation 2: by Product
• Tank
• Valve
• Vaporizer
• Pump
• Actuator
• Bayonet Connection
• Others

Segmentation 3: by Cryogen Type
• Nitrogen
• Oxygen
• Argon
• Liquefied Natural Gas (LNG)
• Hydrogen
• Helium
• Others

Segmentation 4: by Region
• North America
• Europe
• Asia-Pacific
• Rest-of-the-World