PUBLISHER: The Business Research Company | PRODUCT CODE: 1852671
PUBLISHER: The Business Research Company | PRODUCT CODE: 1852671
A space cryocooler is a mechanical refrigeration device designed to cool spacecraft instruments and components to very low temperatures often below 100 K without using consumable cryogens such as liquid helium. These devices play a vital role in reducing thermal noise in infrared sensors enabling superconducting electronics and maintaining stable cryogenic conditions for scientific instruments in space.
The primary types of space cryocoolers include Stirling cryocoolers pulse tube cryocoolers Brayton cryocoolers Gifford McMahon cryocoolers and others. Stirling cryocoolers operate using the Stirling cycle which involves cyclic compression and expansion of a working gas such as helium to reach precise cryogenic temperatures suited for spacecraft and satellite applications. They come with different cooling capacities low up to 1 watt medium 1 to 10 watts and high above 10 watts and are used in satellite systems space telescopes scientific research instruments and space probes and rovers. These cryocoolers serve a range of users including aerospace and defense sectors research institutions commercial space companies and government agencies.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The sharp hike in U.S. tariffs and the associated trade disputes in spring 2025 are notably impacting the aerospace and defense sector by raising costs for titanium, carbon fiber composites, and avionics materials largely sourced from global suppliers. Defense contractors, locked into fixed-price government contracts, absorb these added costs, while commercial aerospace firms face airline pushback on higher aircraft prices. Delays in component shipments due to customs bottlenecks further disrupt tight production schedules for jets and satellites. The industry is responding by stockpiling critical materials, seeking waivers for defense-related imports, and collaborating with allied nations to diversify supply chain.
The space cryocoolers market research report is one of a series of new reports from The Business Research Company that provides space cryocoolers market statistics, including space cryocoolers industry global market size, regional shares, competitors with a space cryocoolers market share, detailed space cryocoolers market segments, market trends and opportunities, and any further data you may need to thrive in the space cryocoolers industry. This space cryocoolers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The space cryocoolers market size has grown strongly in recent years. It will grow from $1.13 billion in 2024 to $1.23 billion in 2025 at a compound annual growth rate (CAGR) of 9.2%. The growth during the historic period is attributed to rising demand for high-resolution satellite imaging, increased investments in space exploration programs, growing government funding for scientific research, expanding defense surveillance efforts, and a greater need for infrared sensing and detection.
The space cryocoolers market size is expected to see strong growth in the next few years. It will grow to $1.73 billion in 2029 at a compound annual growth rate (CAGR) of 8.8%. The growth projected for the forecast period is driven by the increasing deployment of next-generation communication satellites, rising demand for advanced infrared detectors, growing investments in deep-space exploration missions, heightened interest in lunar and Mars missions, and the wider adoption of miniaturized satellite systems. Key trends during this period include the development of high-efficiency low-vibration cryocoolers, integration of lightweight and compact designs, use of advanced thermal management materials, implementation of energy-efficient cooling cycles, and advancement of emerging and hybrid cryocooler technologies.
The surge in commercial satellite launches is expected to drive the growth of the space cryocoolers market moving forward. Commercial satellite launches involve deploying satellites into space by private companies or non-governmental organizations for purposes such as telecommunications, Earth observation, navigation, and scientific research. This increase is fueled by the rising global demand for high-speed, reliable connectivity to support internet access, communication services, and data networks. Space cryocoolers support commercial satellite launches by keeping onboard instruments and sensors at ultra-low temperatures, enhancing performance, reliability, and mission lifespan. For example, in September 2024, Edwards Ltd., a UK-based technology company, reported that 2,304 small satellites were launched worldwide in 2022, representing a 32.2% increase from 2021. As a result, the surge in commercial satellite launches is boosting the space cryocoolers market.
Leading companies in the space cryocoolers market are developing advanced vibration-resistant cryogenic systems to deliver reliable, efficient, and easily manufacturable cooling solutions tailored for modern space missions. These systems are engineered to maintain stable low-temperature performance while enduring strong vibrations and mechanical stresses experienced during rocket launches and space operations. For example, in April 2023, Thales S.A., a France-based aerospace and defense firm, introduced the LPT6510 pulse tube cryocooler. This cryocooler features a lightweight, low-vibration design with a maximum input power of 60 watts and maintains strong performance under launch conditions without needing extra support structures for the cold finger. Its modular and manufacturable design enables flexible integration with spacecraft systems, combining cost-effective production with compliance to strict space standards.
In March 2023, Bluefors Oy, a Finland-based cryogenic measurement systems technology company, acquired Cryomech Inc. for an undisclosed amount. Through this acquisition, Bluefors aims to reinforce its global leadership in ultra-low temperature technologies by integrating Cryomech's 60-year experience in cryocooler manufacturing, broadening its product range from room temperature to millikelvin levels, and strengthening its presence in the US supply chain for quantum computing, fundamental physics, life sciences, and clean energy applications. Cryomech Inc., based in the US, specializes in manufacturing cryocoolers designed for space applications, especially in environments demanding ultra-low temperatures and minimal maintenance.
Major players in the space cryocoolers market are Lockheed Martin Corporation, Northrop Grumman Corporation, Honeywell International Inc., Air Liquide S.A., Thales Group, Sumitomo Heavy Industries Ltd., Chart Industries Inc, SunPower Corporation, Sierra Lobo Inc., Creare LLC, RIX Industries, West Coast Solutions, LLC, Stirling Cryogenics B.V., Ricor USA Inc., IHI Corporation, Absolut System, Advanced Research Systems Inc., Fabrum Solutions, Superconductor Technologies Inc., SATNow.
North America was the largest region in the space cryocoolers market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in space cryocoolers report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the space cryocoolers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The space cryocoolers market also includes sales of sorption cryocoolers, volumizer cryocoolers, thermoelectric cryocoolers, active magnetic regenerator cryocoolers, micro cryocoolers, and cryogenic heat pump systems. Values in this market are 'factory gate' values; that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Space Cryocoolers Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on space cryocoolers market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for space cryocoolers ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The space cryocoolers market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.