DUBLIN--(BUSINESS WIRE)--The "Cryogenic Equipment - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.
The Cryogenic Equipment market worldwide is projected to grow by US$9.7 Billion, driven by a compounded growth of 6.4%
Nitrogen, one of the segments analyzed and sized in this study, displays the potential to grow at over 6.8%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$8.6 Billion by the year 2025, Nitrogen will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 5.4% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$343.4 Million to the region's size and clout in the next 5 to 6 years. Over US$293.9 Million worth of projected demand in the region will come from the rest of the European markets. In Japan, Nitrogen will reach a market size of US$355.8 Million by the close of the analysis period.
As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 9.5% over the next couple of years and add approximately US$2.7 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.
Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include:
- Air Liquide SA
- Beijing Tianhai Industry Co., Ltd.
- Chart Industries, Inc.
- Cryofab Inc.
- Cryoquip LLC
- Emerson Electric Co.
- Flowserve Corporation
- Graham Partners
- Herose GmbH
- Inox India Pvt. Ltd,
- Linde AG
- Parker Hannifin Corporation
- Taylor-Wharton International LLC.
- Vrv S.P.A
- Wessington Cryogenics Ltd.
Key Topics Covered:
1. MARKET OVERVIEW
- Cryogenic Equipment Market to Register Moderate Growth
- Nitrogen Based Cryogen Dominates the Market
- Helium -based Cryogenic Equipment - A Significant Market Segment
- Percentage Breakdown of Helium Use by Application in the US
- Energy and Power Sector to Dominate the Market
- Cryogenic Equipment Market (in USD Million) in Asia-Pacific Region by End-Use: 2012-2022
- Global Competitor Market Shares
- Cryogenic Equipment Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
2. FOCUS ON SELECT PLAYERS
- A Glance into Leading Players
- A Prelude into Various Initiatives from Leading Market Players
3. MARKET TRENDS & DRIVERS
- Increasing Demand for LNG to Spur Market Growth
- Emerging Gap in LNG Supply-Demand: 2000-2035
- Growing Healthcare Services in Emerging Economies to Support Growth
- Worldwide Health Care Spending (in Billion USD): 2017-2022
- With the Introduction of Newer Technologies, the Market for Cryogenic Equipment is anticipated to Grow
- Increased Funding and Introduction of Newer Initiatives to Fuel Demand for Cryogenic Equipment
- The Use of Cryogenics for Myriad Applications to Bolster Market Growth
- Cryogenics: For Processing and Preserving Food
- Cryogenics in Space
- Cryogenics in Industrial Manufacturing
- Cryogenics in Medicine
- Superconductivity and Cryogenics
4. GLOBAL MARKET PERSPECTIVE
For more information about this report visit https://www.researchandmarkets.com/r/g84pkb
