IoT Chip Market by Component (MCU, FPGA, Memory, Sensor )Worth 10.78 Billion USD by 2022

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MarketsandMarkets Presents
Cryocooler Market by Type (GM, PT, JT, Stirling,
and Brayton Cryocoolers), Service , Application,
and Geography - Global Forecast to 2022 The
global cryocooler market is expected to grow to
USD 2.94 Billion by 2022, at a CAGR of 7.29
between 2016 and 2022.  The major factors driving
the growth of this market include the shortage of
helium gas, growing medical healthcare services
in the developing economies.
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The military application in the cryocooler market
held the largest share in 2015 The cryocooler
market is application driven. This market has
been segmented on the basis of application into
military, medical, commercial, environmental,
energy, transport, research development, space,
agriculture biology, and others. The cryocooler
market for the military application accounted for
the largest share in 2015. This market is
expected to grow at a significant rate between
2016 and 2022, driven by growing adoption of
various cryocoolers to provide cryogenic
temperatures for IR sensors in missile guidance,
night vison based systems, and satellite based
surveillance. Sample pages of the Report
http//www.marketsandmarkets.com/requestsample.a
sp?id247727537 The market for GM cryocoolers is
expected to grow rapidly during the forecast
period The cryocooler market based on type is
segmented into GM, PT, Stirling, JT, and Brayton
cryocoolers. Among these cryocoolers, the market
for GM cryocoolers is expected to witness the
highest growth during the forecast period. The
major reasons for the growth of this market
include wide adoption of GM cryocoolers for
cooling IR sensors in medical MRI systems,
cryosurgeries, and cryopumps in semiconductor
applications. 
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The military, medical, commercial, environmental,
energy, transport, research and development, and
space are some of the key application areas of
cryocoolers. The cryocooler market for the
military application held the largest market
share in 2015, followed by the markets for
commercial, medical, research development, and
energy applications. The major factors
contributing to the growth of these markets
include the increasing adoption of GM, PT, JT,
and Stirling cryocoolers which maintain the
cryogenic temperatures in these applications for
the various systems to function at high
efficiencies PDF Brochure http//www.marketsand
markets.com/pdfdownload.asp?id247727537 The
major players in the cryocooler market are
Advanced Research Systems, Inc. (U.S.), Brooks
Automation, Inc. (U.S.), Chart Industries, Inc.
(U.S.), Cryomech, Inc. (U.S.), DH Industries BV
(The Netherlands), Janis Research Company, LLC
(U.S.), RICOR Cryogenic Vacuum Systems
(Israel), Sumitomo Heavy Industries Ltd. (Japan),
Sunpower, Inc. (U.S.), and Superconductor
Technologies, Inc. (U.S.) among others.
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