Press Release

Global Helium Liquefier Market is Expected to Reach US$ 205 Mn by 2023

Date : Dec 17, 2018

New report published by Global QYResearch which offers insights on the global Helium Liquefier market. The Helium Liquefier market has been experiencing steady growth graph since past years. During the 2017-2023 timeline, the global market for Helium Liquefier is expected to reflect a 1.6x increase in the revenue growth. In 2018 the global Helium Liquefier market was valued at US$ 141 Mn and by the end of the assessment year (2023), it is estimated to touch a value more than US$ 205 Mn growing at a value CAGR of 7.9% throughout the period of forecast. 

Global Helium Liquefier Market: Market Driver and Restraint

Applications of Helium Liquefier are anticipated to create new business segments in the market. Helium Liquefier is in use for a broad range of Research Institutes. The companies are focusing on launching products that are launched in few regions. There lies a great opportunity since only a few companies are into this business due to introductory stage of this product market. Helium Liquefier is used in producing liquid Helium.

Manufacturers are exploring the potential of Helium Liquefier in Healthcare. Application of Helium Liquefier in Healthcare is gaining traction in the recent years. Recently, manufacturers have started using liquid helium for hospital and surgeries.

Global Helium Liquefier Market: Key Takeaways

  • The key differentiation strategy is to offer products that are liquefiers’ capacity and other relevant equipment for purification and recovery Helium since He is a noble gas
  • In terms of form, the demand for Research Institute is the highest, followed by University, attributed to its usage in lab experiment
  • One of the major challenges for the Helium Liquefier market is the homogenization of liquefier, especially for the small capacity products.

Global Helium Liquefier Market: Forecast by Application

Application segment consists of Research Institutes, University, Healthcare, and others. Among Research Institute industry segment, Helium Liquefier was estimated to account for a revenue share of over 47% in 2017. In 2017, the University segment is expected to increase at a CAGR of 6.5% over the forecast period.

Global Helium Liquefier Market: Forecast by Form

This segment includes below 40 L/d, 40-80 L/d, above 80 L/d. In terms of volume, above 80 L/d segment is expected to remain dominant in the global Helium Liquefier market. above 80 L/d segment in the global Helium Liquefier market is expected to create absolute $ opportunity of US$ 40 Mn between 2018 and 2023.

Global Helium Liquefier Market: Forecast by Region

North America, Europe, Asia-Pacific and rest of the World are the four regions that are included in this report. Asia-Pacific is the dominant market in the global Helium Liquefier market in terms of value. The Asia-Pacific Helium Liquefier market was estimated to be valued at US$ 56 Mn in 2017 and is expected to expand at a value CAGR of 7.9% over the forecast period. The North America market is expected to expand at a robust rate of 7.8% in terms of revenue over the forecast period due to the steadily increasing production capacity.

Global Helium Liquefier Market: Key Players

Linde Engineering, Air Liquide, Quantum Design, CSIC, Advanced Research Systems, Cryo Industries of America, Cryomech are the key vendors included in this report.

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