Cryocooler Market Size and Share

Cryocooler Market (2026 - 2031)
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Cryocooler Market Analysis by Mordor Intelligence

The cryocooler market size stands at USD 2.81 billion in 2026 and is projected to reach USD 5.26 billion by 2031, posting a 13.37% CAGR over the period. Growth is fueled by quantum-computing scale-up that requires sub-4 kelvin pre-coolers, the rapid launch cadence of small-satellite constellations, and defense offset mandates that localize production in India and the United Arab Emirates. Stirling architectures remain the volume workhorse, yet pulse-tube designs are accelerating because vibration-free operation extends the life of precision instruments. Healthcare continues to dominate installed base revenue owing to cryogen-free MRI expansion, but quantum technology is advancing faster as laboratories transition to pilot-scale fabrication lines. Regionally, North America benefits from liquefied-natural-gas peak-shaving and Department of Defense quantum-sensor programs, while Asia Pacific builds tier-2 city MRI suites and sovereign quantum-computing centers. Across operating cycles, closed-loop systems lead deployments, yet open-loop Joule-Thomson expanders are penetrating portable military uses where helium logistics are manageable.

Key Report Takeaways

  • By cryocooler type, Stirling units held 32.13% of cryocooler market share in 2025, whereas pulse-tube solutions are forecast to expand at a 14.87% CAGR to 2031.  
  • By temperature range, the 77 kelvin – 200 kelvin band captured 41.76% of cryocooler market size in 2025; the 1 kelvin – 20 kelvin segment is projected to rise at a 15.27% CAGR through 2031.  
  • By operating cycle, closed-loop designs commanded 68.49% of installations in 2025, while open-loop expanders are set to grow at 16.19% annually to 2031.  
  • By heat-exchanger type, regenerative cores led with 55.22% share in 2025; recuperative variants are expected to post a 15.19% CAGR during the forecast.  
  • By end-user vertical, healthcare retained 27.38% share in 2025, yet quantum technology applications are slated for a 14.19% CAGR to 2031.  
  • By geography, North America accounted for 34.51% of revenue in 2025, whereas Asia Pacific is anticipated to climb at 14.16% CAGR through 2031.  

Note: Market size and forecast figures in this report are generated using Mordor Intelligence’s proprietary estimation framework, updated with the latest available data and insights as of January 2026.

Segment Analysis

By Cryocooler Type: Pulse-Tube Gains on Vibration-Free Edge

Stirling machines captured 32.13% cryocooler market share in 2025 on the strength of efficient 77 kelvin operation for soldier sensors and small satellites. Pulse-tube revenue is expected to outpace at a 14.87% CAGR, helped by vibration-free operation that lengthens the life of airborne electro-optical payloads and MRI magnets. Gifford-McMahon systems retain relevance for LNG and industrial gas tasks where heat-lift above 100 watts overrides vibration concerns. Joule-Thomson and Brayton-cycle units stay niche, serving portable or aerospace platforms with unique openness or reverse-flow requirements.

Innovation momentum reinforces the pulse-tube trajectory. Bluefors folded Cryomech regenerator know-how into its portfolio in March 2025, doubling cooling power at 3 kelvin and enabling single-vendor quantum stacks. Northrop Grumman’s Stirling catalog still sets reliability benchmarks with 300 orbital years logged by January 2025. MRI vendors reduce maintenance by shifting from Stirling to pulse-tube, moving service visits from quarterly to yearly. Ricor rotary Stirling platforms offer low vibration but concede heat-lift margin, pushing selection toward application-specific trade-offs.

Cryocooler Market: Market Share by Cryocooler Type
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By Temperature Range: Sub-20 K Segment Surges on Quantum Demand

The 77 kelvin – 200 kelvin band contributed 41.76% of cryocooler market size in 2025, underpinning MRI, industrial gas liquefaction, and HTS applications. However, 1 kelvin – 20 kelvin revenue should rise fastest at 15.27% CAGR as quantum processors and space IR detectors require sub-10 kelvin environments. Operating regimes between 20 kelvin and 77 kelvin favor LNG and hydrogen liquefaction, domains dominated by Gifford-McMahon and Brayton cycles.

Technology rollouts reflect this mix. Bluefors’ PT205 targets vibration-sensitive satellites that run superconducting detectors below 10 kelvin. Siemens’ DryCool magnet, in volume production since January 2025, keeps MRI bore temperatures at 4.2 kelvin without liquid helium, trimming lifetime operating costs by 30%. Honeywell’s defense navigation contracts expand ruggedized sub-kelvin cooling beyond labs into mobile platforms. Gifford-McMahon units remain unchallenged for 20 kelvin liquefaction, where cost per watt stays decisive.

By Operating Cycle: Open-Loop Expands in Tactical Applications

Closed-loop machines represented 68.49% of 2025 shipments, eliminating expendable cryogen and simplifying maintenance for stationary MRI, LNG, and research installations. Open-loop Joule-Thomson expanders are pegged for 16.19% annual growth through 2031 as soldier kits and drone payloads accept cryogen top-ups to slash system mass.[3]Defence Research and Development Organisation, “MoU with Indian Army for Stirling Cryocooler Indigenization,” drdo.gov.in Dismounted infantry devices consume under 1 liter of liquid nitrogen on an eight-hour mission, trading lower acquisition cost for consumable expense.

Reliability leadership favors closed-loop. Ricor rotary designs surpass 25,000 hour mean time between failures in field tests. Still, Thales and Northrop Grumman established UAE joint ventures to assemble open-loop expanders for regional UAV production, leveraging duty-free zones and proximity to Gulf customers. Capital premiums of 60% for closed-loop pulse-tube below 10 watts remain a barrier in weight-constrained roles, yet special-forces units often justify the spend for extended mission life.

By Heat-Exchanger Type: Recuperative Gains in Compact Platforms

Regenerative cores held 55.22% share in 2025 across Stirling, Gifford-McMahon, and pulse-tube systems where efficiency outweighs mass. Recuperative designs are forecast for 15.19% CAGR on Brayton and Joule-Thomson platforms that prioritize compact geometry over peak thermodynamic performance. Miniaturized Stirling coolers cut weight by 15% when swapping to recuperative matrices, although efficiency drops 10-15%, confining adoption to UAVs and soldier sensors.

Hybrid approaches blend both types. Bluefors’ millikelvin Cryo-CMOS stack marries regenerative pulse-tube stages with recuperative Joule-Thomson circuits to hit sub-1 kelvin targets. Linde’s European LNG peaks shave via Brayton recuperative loops teamed with regenerative Gifford-McMahon baseload units to balance capex and flexibility. Meanwhile, regenerative pulse-tube improvements, such as Cryomech-derived regenerator materials, have deferred widespread recuperative migration for many stationary users.

Cryocooler Market: Market Share by Heat-Exchanger Type
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By End-User Vertical: Quantum Technology Disrupts Healthcare Dominance

Healthcare delivered 27.38% of 2025 revenue as tier-2 city hospitals installed cryogen-free MRI suites. Quantum technology, though smaller today, is tracking a 14.19% CAGR as fabs scale from lab pilots to hundreds of dilution refrigerators per site. Space payloads grow at roughly 13.5% annually on the back of earth-observation and missile-warning constellations, while military demand advances at 13.8% amid soldier-borne and airborne programs.

Vendor moves mirror vertical priorities. Siemens’ DryCool line lowers hospital running costs and sidesteps helium logistics in emerging markets. Bluefors and Qblox collaborate on low-dissipation control electronics, crucial as qubit density doubles every year. Honeywell’s DoD awards pivot quantum sensors from research to production, favoring vendors with security accreditation. Indian and UAE offset policies transfer Stirling assembly know-how locally, expanding regional defense ecosystems.

Geography Analysis

North America generated 34.51% of 2025 revenue, supported by LNG peak-shaving plants in the northeastern United States, Department of Defense quantum-sensor procurement, and commercial small-satellite launches. Chart Industries commissioned hydrogen liquefaction systems operating at 20 kelvin, tapping the burgeoning U.S. hydrogen economy. Honeywell’s July 2025 navigation awards accelerate ruggedized mobile dilution refrigerators, extending use cases beyond stationary labs. Northrop Grumman’s legacy of 300 orbital years reinforces the region’s technological moat. Despite demand, helium-3 allocation under Department of Energy custodianship limits North American dilution-refrigerator deliveries to under 120 units yearly, constraining quantum-computing scale-up.

Asia Pacific is set for a 14.16% CAGR to 2031 as China, India, and Japan invest in cryogen-free MRI suites, sovereign quantum initiatives, and satellite constellations. Siemens’ Shenzhen plant, opened January 2025, produces DryCool magnets that cut annual helium spend by USD 50,000 per MRI. India’s USD 1.2 billion Ayushman Bharat diagnostic allocation underwrites 300 MRI rooms by 2028. DRDO’s offset-driven Stirling program targets 70% local content, fostering a South Asian supply base. China’s LNG peak-shaving capacity added 8 million cubic meters in 2025, feeding demand for large Gifford-McMahon units.

Europe posts about 12.8% annual growth, anchored by ESA’s Copernicus satellites, defense modernization, and industrial gas projects. Linde teams regenerative Gifford-McMahon baseload coolers with recuperative Brayton peaks, optimizing European LNG infrastructure. Thales pursues UAE joint production to tap Gulf defense budgets. The Middle East itself is expanding roughly 13.5% on defense offsets, while South America and Africa remain under 10% of world revenue, hampered by limited MRI penetration yet buoyed by Brazil’s public-health outlays and South Africa’s astronomy programs.

Cryocooler Market CAGR (%), Growth Rate by Region
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Competitive Landscape

Market concentration is moderate; the five largest firms capture nearly 55% of revenue, but the offset rules in India and the UAE propel new regional entrants. Sumitomo Heavy Industries, Northrop Grumman, and Bluefors dominate space and quantum applications on the strength of multi-decade heritage and in-orbit records. 

Bluefors’ March 2025 merger of Cryomech pulse-tube technology doubled 3 kelvin cooling power, enabling one-stop quantum stacks that lower integration risk for hyperscale data-center buyers. Thales, Ricor, and Honeywell exploit rotary or linear Stirling know-how to win soldier-borne and airborne payloads where low vibration commands premium pricing.

White space exists in sub-5-kilogram systems that require over 8 watts of heat lift at 77 kelvin. Niche vendors such as Absolut System and CryoSpectra pursue cryogenic grinding and electronics cooling, segments that account for less than 5% of revenue but are growing at 15%. Distributed manufacturing trims lead times but raises early-phase costs by 15%, opening room for integrators skilled at localizing without eroding quality. Government procurement exemplified by Honeywell’s CRUISE and QUEST programs—moves prototypes into production, favoring incumbents with security clearances and flight heritage.

Cryocooler Industry Leaders

  1. Sumitomo Heavy Industries Ltd.

  2. Northrop Grumman Corporation

  3. Cryomech Inc. (Bluefors Oy)

  4. Thales Group

  5. Sunpower Inc. (AMETEK)

  6. *Disclaimer: Major Players sorted in no particular order
Cryocooler Market Concentration
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Recent Industry Developments

  • July 2025: Bluefors unveiled a millikelvin Cryo-CMOS system that integrates readout electronics at 4 kelvin, enabling quantum processors to cross 1,000 qubits per device.
  • July 2025: Honeywell Aerospace won Department of Defense production contracts for quantum-sensor navigation under CRUISE and QUEST programs.
  • March 2025: Bluefors and Qblox signed an MoU to co-develop low-dissipation control architectures for high-density quantum processors.
  • March 2025: DRDO and the Indian Army agreed to indigenize 0.5 watt Stirling cryocoolers with 70% local content by value.

Table of Contents for Cryocooler Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Surge in Demand for Compact Cryogenic Cooling for IR Sensors in Soldier-Borne Devices
    • 4.2.2 Rapid Expansion of Small-Satellite Constellations Requiring Long-Life Space Cryocoolers
    • 4.2.3 Growing MRI System Installations in Emerging Economies Tier-2 Cities
    • 4.2.4 LNG Peak-Shaving Projects in North America and China Driving Large-Capacity GM Systems
    • 4.2.5 Quantum-Tech Scale-Up Needs Sub-4 K Dilution-Pre-Coolers
    • 4.2.6 Defense Offset Programs Fostering Domestic Cryocooler Production in India and UAE
  • 4.3 Market Restraints
    • 4.3.1 Heat-Lift Limitations Below 10 W in Sub-5 kg Platforms
    • 4.3.2 Helium-3 Supply Bottleneck for Sub-1 K Applications
    • 4.3.3 Vibro-Acoustic Noise Non-Compliance for Airborne EO Payloads
    • 4.3.4 Capex Premium of Pulse-Tube Over GM for Greater Than 100 W Heat-Lift
  • 4.4 Industry Value Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Impact of Macroeconomic Factors on the Market
  • 4.8 Porter's Five Forces Analysis
    • 4.8.1 Bargaining Power of Suppliers
    • 4.8.2 Bargaining Power of Buyers
    • 4.8.3 Threat of New Entrants
    • 4.8.4 Threat of Substitutes
    • 4.8.5 Competitive Rivalry

5. MARKET SIZE AND GROWTH FORECASTS (VALUE)

  • 5.1 By Cryocooler Type
    • 5.1.1 Stirling
    • 5.1.2 Gifford-McMahon
    • 5.1.3 Pulse-Tube
    • 5.1.4 Joule-Thomson
    • 5.1.5 Brayton
  • 5.2 By Temperature Range
    • 5.2.1 1 K - 20 K
    • 5.2.2 20 K - 77 K
    • 5.2.3 77 K - 200 K
    • 5.2.4 Greater Than 200 K
  • 5.3 By Operating Cycle
    • 5.3.1 Closed-Loop
    • 5.3.2 Open-Loop
  • 5.4 By Heat-Exchanger Type
    • 5.4.1 Regenerative
    • 5.4.2 Recuperative
  • 5.5 By End-User Vertical
    • 5.5.1 Space
    • 5.5.2 Healthcare
    • 5.5.3 Military and Defense
    • 5.5.4 Commercial and Industrial
    • 5.5.5 Energy and Power
    • 5.5.6 Transportation
    • 5.5.7 Research and Academic
  • 5.6 By Geography
    • 5.6.1 North America
    • 5.6.1.1 United States
    • 5.6.1.2 Canada
    • 5.6.1.3 Mexico
    • 5.6.2 South America
    • 5.6.2.1 Brazil
    • 5.6.2.2 Argentina
    • 5.6.2.3 Rest of South America
    • 5.6.3 Europe
    • 5.6.3.1 United Kingdom
    • 5.6.3.2 Germany
    • 5.6.3.3 France
    • 5.6.3.4 Italy
    • 5.6.3.5 Spain
    • 5.6.3.6 Russia
    • 5.6.3.7 Rest of Europe
    • 5.6.4 Asia Pacific
    • 5.6.4.1 China
    • 5.6.4.2 India
    • 5.6.4.3 Japan
    • 5.6.4.4 South Korea
    • 5.6.4.5 Australia
    • 5.6.4.6 Southeast Asia
    • 5.6.4.7 Rest of Asia Pacific
    • 5.6.5 Middle East
    • 5.6.5.1 United Arab Emirates
    • 5.6.5.2 Saudi Arabia
    • 5.6.5.3 Turkey
    • 5.6.5.4 Rest of Middle East
    • 5.6.6 Africa
    • 5.6.6.1 South Africa
    • 5.6.6.2 Nigeria
    • 5.6.6.3 Egypt
    • 5.6.6.4 Rest of Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Segments, Financials as Available, Strategic Information, Market Rank/Share for Key Companies, Products and Services, and Recent Developments)
    • 6.4.1 Sumitomo Heavy Industries Ltd.
    • 6.4.2 Northrop Grumman Corporation
    • 6.4.3 Cryomech Inc. (Bluefors Oy)
    • 6.4.4 Thales Group
    • 6.4.5 Sunpower Inc. (AMETEK)
    • 6.4.6 Ricor Systems
    • 6.4.7 Stirling Cryogenics BV
    • 6.4.8 Chart Industries Inc.
    • 6.4.9 Creare LLC
    • 6.4.10 Air Liquide Advanced Technologies
    • 6.4.11 Janis ULT Cryogenics
    • 6.4.12 Advanced Research Systems Inc.
    • 6.4.13 Eaton Corp. PLC
    • 6.4.14 Cobham Ltd.
    • 6.4.15 Honeywell Aerospace
    • 6.4.16 Linde Cryogenics
    • 6.4.17 Lockheed Martin (SCD)
    • 6.4.18 Absolut System
    • 6.4.19 CryoSpectra GmbH
    • 6.4.20 DH Instruments (Addi-data)

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

  • 7.1 White-Space and Unmet-Need Assessment
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Research Methodology Framework and Report Scope

Market Definitions and Key Coverage

Our study defines the cryocooler market as the worldwide sales of self-contained mechanical refrigeration devices that generate temperatures below 120 K for cooling infrared sensors, superconducting magnets, satellite payloads, and other scientific or industrial loads. These systems include Stirling, Gifford-McMahon, pulse-tube, Joule-Thomson, and Brayton cycles, whether sold as stand-alone units or integrated sub-assemblies.

Scope exclusion: passive cryogenic dewars, cryogenic liquids, and large turbomachinery liquefiers are outside the remit of this analysis.

Segmentation Overview

  • By Cryocooler Type
    • Stirling
    • Gifford-McMahon
    • Pulse-Tube
    • Joule-Thomson
    • Brayton
  • By Temperature Range
    • 1 K - 20 K
    • 20 K - 77 K
    • 77 K - 200 K
    • Greater Than 200 K
  • By Operating Cycle
    • Closed-Loop
    • Open-Loop
  • By Heat-Exchanger Type
    • Regenerative
    • Recuperative
  • By End-User Vertical
    • Space
    • Healthcare
    • Military and Defense
    • Commercial and Industrial
    • Energy and Power
    • Transportation
    • Research and Academic
  • By Geography
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Rest of South America
    • Europe
      • United Kingdom
      • Germany
      • France
      • Italy
      • Spain
      • Russia
      • Rest of Europe
    • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
      • Australia
      • Southeast Asia
      • Rest of Asia Pacific
    • Middle East
      • United Arab Emirates
      • Saudi Arabia
      • Turkey
      • Rest of Middle East
    • Africa
      • South Africa
      • Nigeria
      • Egypt
      • Rest of Africa

Detailed Research Methodology and Data Validation

Primary Research

Mordor analysts interviewed cryogenic design engineers, procurement specialists at defense labs, hospital biomedical managers, and quantum-computing researchers across North America, Europe, and Asia-Pacific. The discussions clarified duty-cycle preferences, pricing corridors, and retrofit rates, which we then used to challenge secondary assumptions and refine utilization factors.

Desk Research

We first gathered baseline figures and engineering norms from sources such as NASA technical memoranda, the US Energy Information Administration, the Stockholm International Peace Research Institute military-spend database, and peer-reviewed journals hosted on IEEE Xplore. Open customs records, trade association releases (European Photonics Industry Consortium), and company 10-K filings supplied shipment values, average selling prices, and production footprints. Proprietary pulls from D&B Hoovers and Dow Jones Factiva enriched our view of supplier revenues and contract awards. This list is illustrative; many additional references informed intermediate checks and context building.

A second desk pass focused on quantitative signals: MRI installation statistics from the OECD, launch-manifest data from Space Foundation reports, and patent counts extracted through Questel to track emerging pulse-tube designs. These datapoints anchored regional demand pools before we spoke with market participants.

Market-Sizing & Forecasting

A top-down demand pool was constructed by linking annual MRI, satellite, and infrared-sensor build numbers to typical cooler attach rates, followed by capacity-utilization roll-ups for liquid-helium replacement projects. Select bottom-up cross-checks, supplier revenue splits and channel ASP × unit samples, helped adjust regional totals. Key model drivers include MRI shipments, global defense outlays, satellite launch counts, superconducting-magnet projects, and helium price trends. Multivariate regression combined with scenario analysis projects these drivers forward; lagged macro indicators and expert consensus guide the baseline and upside cases. Data gaps in supplier roll-ups were bridged using weighted regional averages validated during interviews.

Data Validation & Update Cycle

Outputs undergo variance screening versus independent series, senior-analyst peer review, and, when deviations exceed set thresholds, re-contact of select respondents. Our cryocooler dataset updates every twelve months, with interim revisions triggered by material program wins, regulatory shifts, or major technology announcements.

Why Mordor's Cryocooler Baseline Commands Reliability

Published market values often diverge because firms pick different product cut-offs, driver sets, and refresh cadences.

Key gap drivers include: a) some studies merge passive dewars with mechanical coolers, inflating totals; b) others freeze assumptions from earlier base years; c) several apply uniform price-erosion curves without validating specialty military units. By maintaining live driver series and excluding adjacent hardware, Mordor delivers a balanced, decision-ready figure.

Benchmark comparison

Market SizeAnonymized sourcePrimary gap driver
USD 3.47 B (2025) Mordor Intelligence-
USD 3.48 B (2025) Global Consultancy AIncludes aftermarket service revenue and assumes identical ASP decline across regions
USD 2.87 B (2024) Industry Journal BOmits healthcare installations and uses a historical base year without inflation normalization

In sum, our disciplined variable selection, yearly refresh, and two-layer validation give stakeholders a transparent baseline that can be traced, audited, and reliably updated as the cryogenic-cooling landscape evolves.

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Key Questions Answered in the Report

How fast is the cryocooler market expected to grow through 2031?

It is forecast to expand at a 13.37% CAGR, moving from USD 2.81 billion in 2026 to USD 5.26 billion by 2031.

Which cryocooler type is gaining ground most quickly?

Pulse-tube machines are projected to grow at 14.87% CAGR because vibration-free operation benefits MRI magnets and quantum processors.

Why is helium-3 availability a concern for quantum-computing projects?

Global supply is only about 8,000 liters per year, limiting annual dilution-refrigerator builds to fewer than 200 systems and adding USD 40,000-100,000 per unit upfront.

Which region will see the fastest revenue growth for cryocoolers?

Asia Pacific is set to post a 14.16% CAGR to 2031 as China and India add cryogen-free MRI suites and fund sovereign quantum programs.

What share did healthcare hold in 2025?

Healthcare accounted for 27.38% of revenue, driven by expansion of helium-free MRI systems in tier-2 city hospitals.

How are defense offsets reshaping the supplier landscape?

Policies in India and the UAE force foreign primes to transfer Stirling technology locally, shortening lead times but raising early-phase costs by roughly 15%.

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