Spain Cryocooler Market Size & Outlook, 2023-2030

The cryocooler market in Spain is expected to reach a projected revenue of US$ 29.7 million by 2030. A compound annual growth rate of 6% is expected of Spain cryocooler market from 2024 to 2030.
Revenue, 2023 (US$M)
$19.7
Forecast, 2030 (US$M)
$29.7
CAGR, 2024 - 2030
6%
Report Coverage
Spain

Spain cryocooler market highlights

  • The Spain cryocooler market generated a revenue of USD 19.7 million in 2023 and is expected to reach USD 29.7 million by 2030.
  • The Spain market is expected to grow at a CAGR of 6% from 2024 to 2030.
  • In terms of segment, single stage gm cryocoolers was the largest revenue generating product in 2023.
  • 2-Stage Gm Cryocoolers is the most lucrative product segment registering the fastest growth during the forecast period.

Cryocooler market data book summary

Market revenue in 2023USD 19.7 million
Market revenue in 2030USD 29.7 million
Growth rate6% (CAGR from 2023 to 2030)
Largest segmentSingle stage gm cryocoolers
Fastest growing segment2-Stage Gm Cryocoolers
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSingle Stage GM Cryocoolers, 2-Stage Gm Cryocoolers, Thermoacoustic Cryocoolers
Key market players worldwideSumitomo Corp, Chart Industries Inc, AMETEK Inc, Brooks Automation, Northrop Grumman Corp, Advanced Research Systems, Cryomech, DH Industries, Janis Research Co, Superconductor Technologies, Ricor Cryogenic and Vacuum Systems, Cobham Mission Systems

Other key industry trends

  • In terms of revenue, Spain accounted for 1.8% of the global cryocooler market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Europe, Germany cryocooler market is projected to lead the regional market in terms of revenue in 2030.
  • France is the fastest growing regional market in Europe and is projected to reach USD 97.8 million by 2030.

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Cryocooler Market Scope

Cryocooler market segmentation & scope
Single Stage GM Cryocoolers
2-Stage Gm Cryocoolers
Thermoacoustic Cryocoolers
Infrared Detectors
Superconducting Devices
Cryopumping
Other
Semiconductor
Medical & Healthcare
Research & Development
Aerospace and Defense
Space
Upto 4 K
4 to 10K
10 to 25 k
25 to 40 K
40 to 60 K
Above 60 K
Upto 1.0 W
1.0 to 2.0 W
2.0 to 10.0 W
Above 10.0 W

Cryocooler Market Companies

Name Profile # Employees HQ Website

Spain cryocooler market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cryocooler market will help companies and investors design strategic landscapes.


Single stage gm cryocoolers was the largest segment with a revenue share of 51.78% in 2023. Horizon Databook has segmented the Spain cryocooler market based on single stage gm cryocoolers, 2-stage gm cryocoolers, thermoacoustic cryocoolers covering the revenue growth of each sub-segment from 2018 to 2030.


  • Spain Cryocooler Product Outlook (Revenue, USD Million, 2018-2030)
    • Single Stage GM Cryocoolers
    • 2-Stage Gm Cryocoolers
    • Thermoacoustic Cryocoolers
  • Spain Cryocooler Application Outlook (Revenue, USD Million, 2018-2030)
    • Infrared Detectors
    • Superconducting Devices
    • Cryopumping
    • Other
  • Spain Cryocooler End Use Outlook (Revenue, USD Million, 2018-2030)
    • Semiconductor
    • Medical & Healthcare
    • Research & Development
    • Aerospace and Defense
    • Space
  • Spain Cryocooler Cooling Capacity Outlook (Revenue, USD Million, 2018-2030)
    • Upto 4 K
    • 4 to 10K
    • 10 to 25 k
    • 25 to 40 K
    • 40 to 60 K
    • Above 60 K
  • Spain Cryocooler Heating Load Outlook (Revenue, USD Million, 2018-2030)
    • Upto 1.0 W
    • 1.0 to 2.0 W
    • 2.0 to 10.0 W
    • Above 10.0 W

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Target buyers of Spain cryocooler market databook

  • Our clientele includes a mix of cryocooler market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the Spain cryocooler market, including forecasts for subscribers. This country databook contains high-level insights into Spain cryocooler market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Spain cryocooler market report size, by product, 2018-2030 (US$M)

Spain Cryocooler Market Share, 2023 & 2030 (US$M)

Spain cryocooler market report size, by product, 2018-2030 (US$M)

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