Cryogenic equipment market booming with steady growth projections, reaching $22.48 billion by 2028.

From GlobeNewswire: 2024-04-04 11:30:00

The cryogenic equipment market is booming, with projections showing steady growth. Expected to reach $15.85 billion in 2024, the market is set to expand to $22.48 billion by 2028. Asia-Pacific leads in market share, but Western Europe and South America show promise with anticipated growth rates of 11.3% and 9.6% respectively. Key players like Nikkiso Co. Ltd. and Linde plc are driving growth through strategic acquisitions and partnerships. The market is segmented by equipment type, cryogen, application, and end-user, offering opportunities for companies to capitalize on the increasing demand for electronic manufacturing. With a focus on innovation and partnerships, companies can solidify their positions in the global cryogenic equipment market.



Read more at GlobeNewswire: Cryogenic Equipment Market Overview 2024-2028: Projected