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CRYOCOOLER MARKET ANALYSIS

Cryocooler Market, By End-User Vertical (Space, Healthcare, Military, Commercial, Transportation, and Other End-user Verticals), And By Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa)

Market News

Global Cryocooler Market: Key Developments

In March 2021, Cryomech Inc. introduced the PT425, the new innovation in its long series of 4K Pulse Tube Cryocoolers, the PT425. PT425, having a combined 2.5W at 4.2K and 55W at 45K performance on an integrated motor platform, it is the biggest two-stage Pulse Tube Cryocooler offered by any manufacturer around the world.

In October 2020, Chart Industries Inc. acquired the Theodore, Alabama cryogenic trailer and hydrogen trailer assets of Worthington Industries, Inc. With this acquisition, Chart Industries Inc. gained the ownership of Theodore, Alabama manufacturing site, manufacturing capabilities, all intellectual properties related to trailer, repair backlog and equipment.

In November 2020, Stirling Cryogenics BV entered into partnership with AB, an Italian company on the construction, design, installation, and maintenance of liquid biomethane production plants having cryogenerators.

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