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
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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