1 Global Cryocoolers Market Scope
The global cryocoolers market is projected to reach a value of 1419.74 million USD in 2025. Cryocoolers are specialized devices designed to achieve extremely low temperatures, typically below -150°C (-238°F), and are widely used in scientific, engineering, and industrial applications. These devices play a crucial role in cooling environments and equipment to cryogenic levels, enabling advanced technologies in fields such as aerospace, electronics, and medical research.
The market has experienced steady growth over the past few years, with a CAGR of 4.86% from 2025 to 2030. This growth is driven by increasing demand from downstream industries and technological advancements in cryogenic cooling technologies. The market’s expansion is also supported by the growing need for efficient cooling solutions in emerging applications such as quantum computing, superconducting materials, and advanced medical imaging.
Figure Global Cryocoolers Market Revenue and CAGR 2025-2030
2 Drivers and Limitations of Cryocoolers Market Growth
The growth of the global cryocoolers market is influenced by several key drivers and restraining factors. On the positive side, the market benefits from a wide range of applications across multiple industries. Cryocoolers are essential in military applications for enhancing the performance of infrared sensors and in medical fields for cooling MRI systems and superconducting magnets. The increasing demand for cryogenic cooling in emerging technologies such as quantum computing and advanced digital filters also provides significant growth opportunities.
Moreover, the market is driven by the high barriers to entry, which protect established players from new competitors. The complex manufacturing processes and sophisticated technology required for cryocoolers create a competitive advantage for existing companies, allowing them to consolidate their market positions and drive industry development.
However, the market faces several challenges. One of the primary concerns is the increasing trade uncertainty, particularly due to geopolitical tensions and trade protectionism. The ongoing trade war between the United States and China has significantly impacted the market, with tariffs affecting the cost and availability of raw materials and finished products. Additionally, the COVID-19 pandemic has disrupted supply chains and reduced downstream demand, causing delays in production and financial losses for companies.
Another restraining factor is the performance limitations of cryocoolers. Vibration and thermal fluctuations generated by the compressors limit the efficiency and reliability of these devices. Frequent maintenance requirements and the need for low-output vibration are key issues that need to be addressed to meet the high standards expected by downstream customers.
3 Cryocoolers Market Technological Innovations and Corporate Activities
Technological innovation plays a crucial role in the development of the cryocoolers market. Companies are continuously investing in R&D to improve the efficiency, reliability, and performance of their products. For example, the development of hybrid cooling systems that do not rely on traditional refrigerants like liquid helium is a significant breakthrough. These systems offer similar cooling levels while reducing environmental impact and resource depletion.
Corporate mergers and acquisitions are also shaping the market landscape. Major players such as Atlas Copco have expanded their portfolios through strategic acquisitions. In 2018, Atlas Copco acquired Brooks’ cryogenics business, significantly enhancing its technical capabilities and market reach in the semiconductor and vacuum industries. Such mergers allow companies to integrate complementary technologies, expand their product offerings, and strengthen their market positions.
4 Global Cryocoolers Market Analysis by Type
The global cryocoolers market is expected to witness significant growth across various types by 2025. The market is segmented into several types, including Gifford-Mcmahon Cryocoolers, Pulse-Tube Cryocoolers, Stirling Cryocoolers, Joule-Thomson Cryocoolers, Brayton Cryocoolers, and Others. Each type plays a unique role in different applications, contributing to the overall market growth.
In 2025, the market size for Gifford-Mcmahon Cryocoolers is projected to reach $275.55 million, maintaining its position as a significant player in the market. Pulse-Tube Cryocoolers are expected to see a substantial increase, reaching $427.60 million, reflecting their growing demand in various applications. Stirling Cryocoolers, known for their efficiency and reliability, are forecasted to reach $488.37 million, making them a dominant segment in the market.
Joule-Thomson Cryocoolers, with their simple and reliable operation, are expected to reach $111.30 million, while Brayton Cryocoolers, characterized by their high efficiency and low vibration, are projected to achieve $63.41 million.
Table Global Cryocoolers Market Size and Share by Type in 2025
|
Type |
Market Size (M USD) |
Market Share (%) |
|---|---|---|
|
Gifford-Mcmahon Cryocoolers |
275.555 |
19.20 |
|
Pulse-Tube Cryocoolers |
427.60 |
30.12 |
|
Stirling Cryocoolers |
488.37 |
34.40 |
|
Joule-Thomson Cryocoolers |
111.30 |
7.84 |
|
Brayton Cryocoolers |
63.41 |
4.47 |
5 Global Cryocoolers Market Analysis by Application
The global cryocoolers market is anticipated to experience significant growth across various applications by 2025. The market is segmented into key applications including Military, Electronics, Energy, Space, and Research and Development. Each application plays a crucial role in different sectors, contributing to the overall market expansion.
In 2025, the Military sector is projected to consume 38,484 units of cryocoolers, reflecting its critical role in defense and security applications. The Electronics industry, driven by the increasing demand for advanced cooling solutions in electronic devices, is expected to consume 45,861 units. The Energy sector, which utilizes cryocoolers in various power generation and storage technologies, is forecasted to reach 8,795 units.
The Space application, essential for cooling systems in satellites and spacecraft, is anticipated to grow to 36,674 units. This growth is driven by the increasing number of space missions and the need for reliable cooling solutions in extreme conditions. The Research and Development sector, which includes academic and industrial research, is expected to consume 31,781 units, highlighting the importance of cryocoolers in scientific experiments and innovation.
The market share analysis provides insights into the dominance of each application in the overall market. The Military sector, despite a slight decline, is expected to hold a market share of 23.82% in 2025, indicating its steady demand for cryogenic solutions. The Electronics sector is projected to capture a significant market share of 28.38%, reflecting its growing adoption due to technological advancements.
The Space application, with its specialized requirements, is anticipated to hold a market share of 22.69%, while the Energy sector is expected to maintain a share of 5.44%. The Research and Development category, which includes innovative and experimental uses, is projected to account for 19.67% of the market.
Table Global Cryocoolers Consumption and Share by Application in 2025
|
Application |
Consumption (Units) |
Market Share (%) |
|---|---|---|
|
Military |
38,484 |
23.82 |
|
Electronics |
45,861 |
28.38 |
|
Energy |
8,795 |
5.44 |
|
Space |
36,674 |
22.69 |
|
Research and Development |
31,781 |
19.67 |
6 Global Cryocoolers Market Analysis by Region
The global cryocoolers market is a dynamic and expanding sector, with various regions contributing significantly to its growth.
The United States is projected to be one of the largest markets by value, with revenues reaching $368.54 million. This dominance can be attributed to the country’s robust industrial base, significant investments in research and development, and a strong presence of key cryocoolers manufacturers.
Europe market with revenues projected at $478.67 million. The European market’s growth is driven by the region’s focus on advanced manufacturing, aerospace, and medical technologies, which require sophisticated cooling solutions. Additionally, Europe’s commitment to sustainability and renewable energy technologies further boosts the demand for cryocoolers.
China is anticipated to reach $147.59 million in revenues, making it a significant player in the global market. The country’s rapid industrialization, growing aerospace sector, and increasing investment in high-tech research are key factors contributing to this growth. Moreover, China’s strategic initiatives to enhance domestic production capabilities and reduce reliance on imports are expected to bolster its market presence.
Figure Global Cryocoolers Revenue (M USD) by Region in 2025
7 Analysis of the Top 3 Companies in Cryocoolers Market
7.1 Sumitomo Heavy Industries
Company Introduction and Business Overview:
Sumitomo Heavy Industries, established in 1888 and headquartered in Japan, is a leading player in the heavy machinery industry. The company specializes in the production of industrial machinery, including ships, bridges, steel structures, environmental protection equipment, recycling systems, power transmission equipment, and more. With a strong focus on innovation and quality, Sumitomo Heavy Industries has established itself as a global leader in providing comprehensive solutions across various sectors.
Products Offerings:
Sumitomo Heavy Industries offers a range of cryocoolers designed for diverse applications. Their product line includes Gifford-Mcmahon Cryocoolers, known for their efficiency and reliability in achieving extremely low temperatures. These cryocoolers are used in various applications, including military, aerospace, and medical imaging systems. The company’s GM Cryocoolers are particularly noted for their ability to operate without restrictions on installation direction, thanks to a crank mechanism that converts the rotary motion of an electric motor into back-and-forth motion.
Furthermore, Sumitomo Heavy Industries has designed a two-stage low-temperature section for their GM cryocoolers, ensuring long-term reliability in the ultra-low 4K temperature range. This innovation addresses issues related to installation direction restrictions, making their products versatile for various settings. The company’s commitment to research and development is evident in their continuous improvement of product performance and reliability, catering to the evolving needs of their global clientele.
7.2 AIM Infrarot-Module GmbH
Company Introduction and Business Overview:
AIM Infrarot-Module GmbH, based in Germany, is a renowned manufacturer of high-precision electronic products. Founded with a focus on infrared and thermal sensors, AIM has expanded its offerings to include cryocoolers that serve high-tech manufacturers both in Germany and internationally. The company’s dedication to precision and innovation has made it a preferred supplier for industries requiring advanced cooling solutions.
Products Offerings:
AIM Infrarot-Module GmbH specializes in pulse tube cryocoolers, which are compact and highly efficient. Their SX030 model, for instance, combines a small form factor with outstanding specific performance, providing high reliability with a service life of over 30,000 hours. This model is ideal for 24/7 operations and offers a heat dissipation capacity exceeding 140 watts, making it suitable for lightweight, high-performance infrared technology applications.
The company’s products are designed to integrate seamlessly with various electronic equipment, including their own digital cooler electronics (μDCE025, μDCE050), and can be used in regenerators of different diameters. This flexibility allows AIM’s cryocoolers to be adapted to a wide range of applications, from military and aerospace to scientific research and medical imaging.
7.3 Edwards Vacuum
Company Introduction and Business Overview:
Edwards Vacuum, established in 1919 and headquartered in the UK, is a subsidiary of Atlas Copco Group. The company is recognized for its expertise in vacuum engineering and has a global presence, serving industries such as semiconductor manufacturing, pharmaceuticals, and renewable energy. Edwards Vacuum’s products are essential for creating and maintaining high-vacuum environments, which are crucial for various advanced manufacturing processes.
Products Offerings:
Edwards Vacuum offers a diverse range of cryocoolers, including the P-102 cryogenic cooler, which is capable of pumping water vapor at high speeds to the range of 10^-8 Torr. This cooler uses a patented single-compressor refrigeration process that operates automatically, employing a refrigerant mixture without HCFC in a closed-loop system. It directly cools the herringbone baffle or probe to -135°C, making it suitable for applications requiring precise temperature control and high vacuum levels.
The company’s cryocoolers are designed to meet the stringent requirements of advanced manufacturing processes, where maintaining a stable and controlled environment is critical. Edwards Vacuum’s commitment to innovation is reflected in its continuous development of more efficient and environmentally friendly cooling solutions, addressing the growing demand for sustainable technologies.