Global Market Size of Cryogenic Equipment Market – 10 Year Market Forecast

Energy & Power

Cryogenic Equipment Market Size Forecast 2022-2029

Growing at a CAGR of 6%, the market value of the global cryogenic equipment market is estimated to be USD 17.50 billion in 2022 and USD 25.75 billion by 2029. The cumulative market size value of the cryogenic equipment market is USD 172 billion during the forecast period of 2022 to 2029. Europe is the largest market for cryogenic equipment and is expected to account for the majority of the market shares. Tanks are estimated to be the most widely used application representing a relatively larger share of the market. LNG is the major cryogen of cryogenic equipment with the highest growth rate in the segment.

Cryogenic Equipment Market Size of United States

Cryogenic Equipment Market Analysis of United Kingdom

Cryogenic Equipment Market Trends of Germany

Cryogenic Equipment Market Forecast of France

Cryogenic Equipment Market Growth of Italy

Market Size of Cryogenic Equipment in Poland

Market Analysis of Cryogenic Equipment in Switzerland

Market Trends of Cryogenic Equipment in Sweden

Market Forecast of Cryogenic Equipment in Spain

Market Growth of Cryogenic Equipment Netherland

Belgium Cryogenic Equipment Market

Finland Cryogenic Equipment Market

Japan Cryogenic Equipment Market

South Korea Cryogenic Equipment Market

China Cryogenic Equipment Market

Cryogenic Equipment Market Size of Russia

Cryogenic Equipment Market Analysis of Malaysia

Cryogenic Equipment Market Trends of Singapore

Cryogenic Equipment Market Forecast of India

Cryogenic Equipment Market Growth of Brazil

Market segments - Cryogenic Equipment Market

By Cryogen
– Nitrogen
– Argon
– Oxygen
– LNG
– Others

By Region
– North America
– Europe
– Middle East
– APAC
– ROW

By Application
– Tanks
– Valves
– Vaporizers
– Pumps
– Others

Global Market size of Cryogenic Equipment Market 2022 17.5
Global Market size of Cryogenic Equipment Market 2029 25.75
Cumulative Market Size of the Cryogenic Equipment Market 172
Global Market Growth of Cryogenic Equipment Market (CAGR) 6%

Frequently Asked Questions(FAQ)

  • What is Global Market Database?

  • Global market database is a cloud based market research and intelligence tool that provides up to date market information about 600+ markets including cryogenic equipment sector.
  • What is the expected growth rate of the cryogenic equipment market?

  • The expected growth rate of the cryogenic equipment market is 6%.
  • What are the two largest application segments of cryogenic equipment markets?

  • The two largest application segments of the cryogenic equipment market are tanks and valves.
  • Which cryogen segment is expected to lead the market by 2029?

  • The cryogen segment, LNG is expected to lead the market by 2029.
  • What is the study period of the market?

  • The study period of the market is from 2022 to 2029.

Global Market Size of Cryogenic Equipment Market – 10 Year Market Forecast

Release date
Jan 1970

Region
Global

Countries Covered
The countries covered are US, UK, Germany, France, Italy, Poland, Switzerland, Sweden, Spain, Netherlands, Belgium, Finland. Japan, South Korea, China, Russia, Malaysia, Singapore, India, Brazil.

Supplementary notes
The regions covered are North America, Europe, APAC & ROW.


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