Cryogen Free Dilution Refrigerators Market

Global Cryogen Free Dilution Refrigerators Market

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Cryogen Free Dilution Refrigerators Market Outlook 2031:

The global cryogen free dilution refrigerators market size was valued at USD 14.56 Billion in 2022 and is projected to reach USD 31.88 Billion by 2031, expanding at a CAGR of 9.1% during the forecast period 2023 - 2031. A cryogen free dilution refrigerator consists of a gas-handling system (GHS), an integrated pulse tube – dilution refrigerators (PT-DR UNIT), and a compressor for the pulse tube.

These tubes and systems are coupled with each other by cables and flexible stainless-steel lines for the gauges and valves. Cryogen free dilution refrigerators come with various innovative features, which simplify operations and enhance their performance. A free dilution refrigerator is a system that uses double-still technology to accelerates the system’s cooling and allows rapidly changes in samples without wasting days for warming up and cooling up.

Cryogen Free Dilution Refrigerators Market Outlook

Cryogen Free Dilution Refrigerators Market Dynamics

The market is driven by factors such as easy operation of cryogen free dilution refrigerators, provision of large experimental space, and growing use of single dilution in cryogen free dilution refrigerators. Conversely, higher vibration and pressure than conventional dilution refrigerators and less usage in low temperature experiments are likely to restrain the market. Rising R&D investments and growth in the manufacturing of cryogen free dilution refrigerators are creating opportunities in the market.

Cryogen Free Dilution Refrigerators Market Segmental Outlook

By Types

Based on types, global cryogen free dilution refrigerators market is segmented into- Base Temperature Less Than 10 mK, Base Temperature Between 10 - 20 mK, Base Temperature between 21 - 80 mK, and Base Temperature Above 80 mK.

Definitions
Base Temperature Less Than 10 mK

Refrigerators with base temperature less than 10 mK are used in astrophysics as a particle and intraparticle in physics as they require very high sensitivity and resolution to detect a minute energy deposition.

In astrophysics millikelvin, varying temperatures are required in different experiments for the search of dark matter, detection of low-energy neutrons, X-ray astronomy, and β and γ spectroscopy. Moreover, astroparticle bolometric detector often depend on the use of the dilution refrigerators for providing a large cooling power at millikelvin temperatures.

Cryogen Free Dilution Refrigerators Market Types

Base Temperature Between 21 - 80 mK
Refrigerators with base temperatures ranging between 21mK and 80 mK are used in superconducting quantum circuits which need very low temperatures for performance. Moreover, this kind of temperature is required in space missions as its demand for the higher cooling power at the low temperature of 50 mK for a lifetime of five to ten years. This range of temperature is expected to be needed in future space missions such as IXO/ATHENA and SPICA.

Base Temperature Above 80 mK
Refrigerators with base temperatures above 80 mK are used in cosmic microwave background polarization observative for developing large-format detectors arrays. Cryogen free dilution refrigerators having a base temperature of above 80 mK are used in space applications for special purpose researches.

By Applications

On the basis of applications, the cryogen free dilution refrigerators market is segmented into nano research, quantum computing, low temperature detection, and others.

The nano research segment is expected to hold a significant share of the market and is projected to expand at a substantial CAGR during the forecast period. The demand for cryogen free dilution refrigerators is expected to grow in the field of quantum computing, as they are able to provide cooling for experiments where the cooling power from the dilution refrigerators is insufficient to cool cables and amplifiers. Thus, the demand for cryogen free dilution refrigerators is projected to expand at a significant CAGR during the forecast period.

Cryogen Free Dilution Refrigerators Market Application

Definitions
Nano Research

Nano research is a branch of science and it helps in revolutionizing and improving many industries and technology sectors such as environmental science, food safety, transportation, medicine, homeland security, and information technology.

It is one of the emerging fields in science and can gain importance, as it can provide breakthroughs in various industries. In medical science, nano research offers various ranges of tools that are help the monitoring individual cells at an individual molecular level.


Quantum Computing
Quantum computing is a technological area which focuses on developing computer technology that is based on the principal of quantum theory. It explains the behavior of materials and energy on subatomic and atomic levels.

Classical computers are used to encode information in bits that is 0 and 1. However, quantum computing uses quantum bits or qubits. Cryogen free dilution refrigerators are used to cool processors that are required for quantum computing and are used in quantum-optical studies for the analysis of luminescence centers in silicon.


Low Temperature Detection
Low temperatures detection is important for fields such as new material research (advanced superconductors), next-generation computers (quantum computers), elemental microanalysis, and astronomy (cosmic structure). Cryogen free dilution refrigerators are considered to be the solution that generate extremely low temperatures of 1 K to several 10 mK for developing next-generation technologies.

Cryogen Free Dilution Refrigerators Market Covid-19 Impact

The recent outbreak of COVID-19 has had a huge impact on the overall market. According to the World Trade Organization, trade depends on the effectiveness of the policy responses and the duration of the outbreak.

Inadequate ancillary supplies such as raw materials used for the manufacturing of cryogen-free dilution refrigerators are expected to hamper the market during the forecast period, as supply shortages lead to pricing volatility; however, this is expected to create opportunities for market participants. The crisis has forced some companies to think about changing their business models.

The impact of COVID-19 has created opportunities in the market, as many countries are engaging in R&D activities that are directly helping to minimize the pandemic situation. Moreover, research activities are expected to completely recommence soon in several countries and the market is projected to grow at a sluggish pace in 2021, as many countries are moving toward unlocking of the lockdowns by following several rules and norms.

Cryogen Free Dilution Refrigerators Market Regional Outlook

Based on regions, the global cryogen free dilution refrigerators market is divided into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa (MEA).

North America holds a significant share of the global cryogen free dilution refrigerators market due to rising use of these refrigerators in various fields of technologies. This, in turn, is driving the growth of the market and encouraging technological development in this region.

The market in Asia Pacific is estimated to expand at a significant CAGR during the forecast period, as countries such as China, Japan, and South Korea are investing in research & development to produce innovative products at low cost rather than importing or buying the technology.

Cryogen Free Dilution Refrigerators Market Region

Key Benefits for Industry Participants & Stakeholders

  • In-depth analysis of the global cryogen free dilution refrigerators market
  • Historical, current and projected market size in terms of value and Unit
  • Potential & niche segments and Region exhibiting promising growth covered
  • Industry drivers, restraints and opportunities covered in the study
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Neutral perspective on North America Cryogen Free Dilution Refrigerators Market performance

Segments

By Types

  • Base Temperature Less Than 10 mK
  • Base Temperature Between 10 - 20 mK
  • Base Temperature between 21 - 80 mK
  • Base Temperature Above 80 mK

By Applications

  • Nano Research
  • Quantum Computing
  • Low Temperature Detection
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Key Market Players Profiled in the Report

  • Bluefors Oy
  • Oxford Instruments
  • Leiden Cryogenics BV
  • Lakeshore (Janis Research)
  • Cryomagnetics, Inc.
  • Cryogenic Limited
  • Ulvac Cryogenics
  • Cryoconcept
  • Taiyo Nippon Sanso
  • Quantum Design
  • LTLab, Inc.
  • Hall Scientific Ltd.
  • ICE Oxford Ltd.
  • Cryo Industries of America, Inc
  • CryoVac GmbH & Co. KG

Competitive Landscape

  • Key players in the market include Bluefors Oy, Oxford Instruments, Leiden Cryogenics BV, Lakeshore (Janis Research), and Cryomagnetics, Inc. These players are considered as key manufacturers of the market based on their different varieties of product availability, regional presence, better supply chain management system, and increasing demand for products.
  • These players are adopting key strategies such as product development and geographical expansion to increase their presence in the cryogen free dilution refrigerators market.
  • In 2020, Lakeshore (Janis Research). Lakeshore acquired Janis Research Company, LCC to expand its product portfolio.

Cryogen Free Dilution Refrigerators Market Key Players

Video Summary for Cryogen Free Dilution Refrigerators Market

Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cryogen Free Dilution Refrigerators Market Overview
   4.1 Introduction
      4.1.1 Market Taxonomy
      4.1.2 Market Definition
      4.1.3 Macro-Economic Factors Impacting the Market Growth
   4.2 Cryogen Free Dilution Refrigerators Market Dynamics
      4.2.1 Market Drivers
      4.2.2 Market Restraints
      4.2.3 Market Opportunity
   4.3 Cryogen Free Dilution Refrigerators Market - Supply Chain Analysis
      4.3.1 List of Key Suppliers
      4.3.2 List of Key Distributors
      4.3.3 List of Key Consumers
   4.4 Key Forces Shaping the Cryogen Free Dilution Refrigerators Market
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Buyers
      4.4.3 Threat of Substitution
      4.4.4 Threat of New Entrants
      4.4.5 Competitive Rivalry
   4.5 Global Cryogen Free Dilution Refrigerators Market Size & Forecast, 2017-2027
      4.5.1 Cryogen Free Dilution Refrigerators Market Size and Y-o-Y Growth
      4.5.2 Cryogen Free Dilution Refrigerators Market Absolute $ Opportunity
Chapter 5 Global Cryogen Free Dilution Refrigerators Market Analysis and Forecast by Types
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Types
      5.1.2 Basis Point Share (BPS) Analysis by Types
      5.1.3 Absolute $ Opportunity Assessment by Types
   5.2 Cryogen Free Dilution Refrigerators Market Size & Volume Forecast by Types
      5.2.1 Base Temperature Less Than 10 mK
      5.2.2 Base Temperature Between 10 - 20 mK
      5.2.3 Base Temperature between 21 - 80 mK
      5.2.4 Base Temperature Above 80 mK
   5.3 Market Attractiveness Analysis by Types
Chapter 6 Global Cryogen Free Dilution Refrigerators Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2 Cryogen Free Dilution Refrigerators Market Size & Volume Forecast by Applications
      6.2.1 Nano Research
      6.2.2 Quantum Computing
      6.2.3 Low Temperature Detection
      6.2.4 Others
   6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cryogen Free Dilution Refrigerators Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Cryogen Free Dilution Refrigerators Market Size & Volume Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
   8.1 Introduction
   8.2 Current & Future Impact Analysis
   8.3 Economic Impact Analysis
   8.4 Government Policies
   8.5 Investment Scenario
Chapter 9 North America Cryogen Free Dilution Refrigerators Analysis and Forecast
   9.1 Introduction
   9.2 North America Cryogen Free Dilution Refrigerators Market Size & Volume Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Cryogen Free Dilution Refrigerators Market Size & Volume Forecast by Types
      9.6.1 Base Temperature Less Than 10 mK
      9.6.2 Base Temperature Between 10 - 20 mK
      9.6.3 Base Temperature between 21 - 80 mK
      9.6.4 Base Temperature Above 80 mK
   9.7 Basis Point Share (BPS) Analysis by Types
   9.8 Absolute $ Opportunity Assessment by Types
   9.9 Market Attractiveness Analysis by Types
   9.10 North America Cryogen Free Dilution Refrigerators Market Size & Volume Forecast by Applications
      9.10.1 Nano Research
      9.10.2 Quantum Computing
      9.10.3 Low Temperature Detection
      9.10.4 Others
   9.11 Basis Point Share (BPS) Analysis by Applications
   9.12 Absolute $ Opportunity Assessment by Applications
   9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Cryogen Free Dilution Refrigerators Analysis and Forecast
   10.1 Introduction
   10.2 Europe Cryogen Free Dilution Refrigerators Market Size & Volume Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Cryogen Free Dilution Refrigerators Market Size & Volume Forecast by Types
      10.6.1 Base Temperature Less Than 10 mK
      10.6.2 Base Temperature Between 10 - 20 mK
      10.6.3 Base Temperature between 21 - 80 mK
      10.6.4 Base Temperature Above 80 mK
   10.7 Basis Point Share (BPS) Analysis by Types
   10.8 Absolute $ Opportunity Assessment by Types
   10.9 Market Attractiveness Analysis by Types
   10.10 Europe Cryogen Free Dilution Refrigerators Market Size & Volume Forecast by Applications
      10.10.1 Nano Research
      10.10.2 Quantum Computing
      10.10.3 Low Temperature Detection
      10.10.4 Others
   10.11 Basis Point Share (BPS) Analysis by Applications
   10.12 Absolute $ Opportunity Assessment by Applications
   10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Cryogen Free Dilution Refrigerators Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Cryogen Free Dilution Refrigerators Market Size & Volume Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Cryogen Free Dilution Refrigerators Market Size & Volume Forecast by Types
      11.6.1 Base Temperature Less Than 10 mK
      11.6.2 Base Temperature Between 10 - 20 mK
      11.6.3 Base Temperature between 21 - 80 mK
      11.6.4 Base Temperature Above 80 mK
   11.7 Basis Point Share (BPS) Analysis by Types
   11.8 Absolute $ Opportunity Assessment by Types
   11.9 Market Attractiveness Analysis by Types
   11.10 Asia Pacific Cryogen Free Dilution Refrigerators Market Size & Volume Forecast by Applications
      11.10.1 Nano Research
      11.10.2 Quantum Computing
      11.10.3 Low Temperature Detection
      11.10.4 Others
   11.11 Basis Point Share (BPS) Analysis by Applications
   11.12 Absolute $ Opportunity Assessment by Applications
   11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Cryogen Free Dilution Refrigerators Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Cryogen Free Dilution Refrigerators Market Size & Volume Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Cryogen Free Dilution Refrigerators Market Size & Volume Forecast by Types
      12.6.1 Base Temperature Less Than 10 mK
      12.6.2 Base Temperature Between 10 - 20 mK
      12.6.3 Base Temperature between 21 - 80 mK
      12.6.4 Base Temperature Above 80 mK
   12.7 Basis Point Share (BPS) Analysis by Types
   12.8 Absolute $ Opportunity Assessment by Types
   12.9 Market Attractiveness Analysis by Types
   12.10 Latin America Cryogen Free Dilution Refrigerators Market Size & Volume Forecast by Applications
      12.10.1 Nano Research
      12.10.2 Quantum Computing
      12.10.3 Low Temperature Detection
      12.10.4 Others
   12.11 Basis Point Share (BPS) Analysis by Applications
   12.12 Absolute $ Opportunity Assessment by Applications
   12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Cryogen Free Dilution Refrigerators Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Cryogen Free Dilution Refrigerators Market Size & Volume Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Cryogen Free Dilution Refrigerators Market Size & Volume Forecast by Types
      13.6.1 Base Temperature Less Than 10 mK
      13.6.2 Base Temperature Between 10 - 20 mK
      13.6.3 Base Temperature between 21 - 80 mK
      13.6.4 Base Temperature Above 80 mK
   13.7 Basis Point Share (BPS) Analysis by Types
   13.8 Absolute $ Opportunity Assessment by Types
   13.9 Market Attractiveness Analysis by Types
   13.10 Middle East & Africa (MEA) Cryogen Free Dilution Refrigerators Market Size & Volume Forecast by Applications
      13.10.1 Nano Research
      13.10.2 Quantum Computing
      13.10.3 Low Temperature Detection
      13.10.4 Others
   13.11 Basis Point Share (BPS) Analysis by Applications
   13.12 Absolute $ Opportunity Assessment by Applications
   13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
   14.1 Cryogen Free Dilution Refrigerators Market: Competitive Dashboard
   14.2 Global Cryogen Free Dilution Refrigerators Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
      14.3.1 Bluefors Oy
      14.3.2 Oxford Instruments
      14.3.3 Leiden Cryogenics BV
      14.3.4 Lakeshore (Janis Research)
      14.3.5 Cryomagnetics, Inc
      14.3.6 Ulvac Cryogenics
      14.3.7 Cryoconcept
      14.3.8 Taiyo Nippon Sanso
      14.3.9 Quantum Design
      14.3.10 LTLab, Inc.
      14.3.11 Hall Scientific Ltd
      14.3.12 ICE Oxford Ltd.
      14.3.13 Cryo Industries of America, Inc
      14.3.14 CryoVac GmbH & Co. KG
      14.3.15 Cryogenic Limited

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FAQ Section

Some frequently asked questions about this report!

Additional company profiles can be provided on request.

Yes, the report covers types of cryogen free dilution refrigerators such as base temperature less than 10 mK, base temperature between 10 - 20 mK, base temperature between 21 - 80 mK, and base temperature above 80 mK.

According to this Growth Market Reports’ report, global Cryogen Free Dilution Refrigerators market is likely to register a CAGR of 9.1% during forecast period 2020-2027, with an anticipated valuation of USD 211.4 million by the end of the 2027.

In addition to market size (in USD Million) and company market share (in % for base year 2019), other data such macro-economic factors, COVID-19 Impact, and pricing analysis of cryogen free dilution refrigerators is available in final report.

The market is driven by the easy operation of cryogen free dilution refrigerators, provision of large experimental space, and growing use of single dilution in cryogen free dilution refrigerators.

Nano research, quantum computing, low temperature detection, and others are the key application that are driving the global cryogen free dilution refrigerators market.

Factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.

The market is expected to witness downfall owing to the negative impact of COVID-19 pandemic on the cryogen free dilution refrigerators market.

The base year considered for the global cryogen free dilution refrigerators market report is 2019. The complete analysis period is 2017 to 2027, wherein, 2017 & 2018 are the historic years and the forecast is provided from 2020 to 2027.

Major manufactures include Bluefors Oy, Oxford Instruments, Leiden Cryogenics BV, Lakeshore (Janis Research), and Cryomagnetics, Inc, and Others.