Global Cryopump Market 2018 : Industry Analysis and Opportunity Forecasts 2018 – 2023
The Cryogenic Pump Market was valued at $456 million in 2016, and is expected to reach $592 million by 2023, registering a CAGR of 3.9 % from 2017 to 2023. Cryogenic pump can be defined as a vacuum pump that captures gas through surfaces, which are cooled to temperatures below 120 K. These pumps are vacuum pumping methods of choice for various ultra- and high-vacuum applications due to their high pumping speeds, cleanliness, and reliability. They can pump almost all the gases, including noble gases at lower temperatures. The number of molecules, which can be accumulated in a cryogenic pump depend upon a number of physical factors, including the temperature of gas & surface, microscopic roughness of surface, and physiochemical properties of gas & surface.
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