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Cryogen Free Dilution Refrigerators Market - Forecast(2025 - 2031)
Cryogen Free Dilution Refrigerators Market Overview
The Cryogen Free Dilution
Refrigerators market size is forecast to reach $210 million by 2026, growing at a CAGR of
9.2% from 2021 to 2026. Cryogen-free dilution refrigerators use Helium-3 and
Helium-4 isotopes for excessive, continuous cooling need. Cryogen-free dilution
refrigerators (DR) are quickly becoming the dominant technique for reaching
millikelvin temperatures because they avoid the requirement for on-site helium
liquefaction and are easier to use than traditional dilution units. A 2-stage
pulse tube cooler capable of reaching temperatures about 3 K at its cold end
replaces the pre-cooling typically supplied by a liquid helium bath and a 1 K
pot. These refrigerators are used to cool critical computer components such as
computer chips, photonics, spintronics, and other condensed matter. These are
also useful in areas including quantum computing and nuclear research, where
product cooling is critical. The employment in areas such as space and
innovation, among others, are significant growth drivers for the cryogen free
dilution refrigerators market. The constant need for a
substance, commodity or invention to supplement cooling of objects at a
specific desired level, efficient storage facility for liquid nitrogen, and
liquid helium in interstellar operations and failure of cooling powder as a
cooling agent in advanced operations are the prominent factors driving the
cryogen free dilution refrigerators market and stroking it with abundant
demand.
Cryogen Free Dilution Refrigerators market - Report Coverage
Key Takeaways
- The base temperature less than 10 mK
segment is projected to account for the bulk of the market in 2020 due to
its ability to swiftly shift samples of the material without requiring
additional days for temperature change.
- The quantum computing industry is
estimated to grow at a rapid rate throughout the forecast period, as
they are utilized to cool quantum computing processors and in
quantum-optical research for the study of luminescence centres in silicon.
- APAC region is anticipated to dominate the global Cryogen Free Dilution Refrigerators market in the forecast period 2020-2025 owing to rising industrialization, economic development and others. The manufacturers in this region are strengthening indigenous R&D efforts for technological advancements.
Global Cryogen Free Dilution Refrigerators Market share (%), By Region, 2020
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Cryogen Free
Dilution Refrigerators Market Segment Analysis - By Base Temperature
The base temperature less than 10
mK is held the highest market share in 2020 of around 42%. Refrigerators
with a base temperature of less than 10 mK are employed as a particle and
intraparticle in physics in astrophysics because they require extreme
sensitivity and resolution to detect minute energy depositions. Various
temperatures are required in different experiments in astrophysics millikelvin
in the hunt for dark matter, detection of low-energy neutrons, X-ray
astronomy, and spectrometry. Moreover, astroparticle bolometric detector often
depends on the use of the dilution refrigerators for providing a large cooling
power at millikelvin temperatures. In October 2020, Oxford Instruments released
world’s coldest cryofree dilution refrigerator, enabling the next generation of
Qubits. The Proteox5mK makes use of
Oxford Instruments' most powerful dilution unit and active gas gap heat
switches to reach base temperatures of less than 5 mK, the lowest continuous
base temperature possible in any dilution refrigerator. Low temperatures are
required to show tiny quantum effects that are obscured by thermal noise. The
lower a material's temperature, the more underlying quantum characteristics can
be resolved, and the more researchers can learn about these new materials.
Using the Fractional Quantum Hall Effect, researchers may characterize unusual
quantum states like Majorana Fermions and Fibonacci Particles by combining low
electron temperatures with strong magnetic fields. All such factors together
leverages a positive impact on the market growth.
Cryogen Free Dilution Refrigerators market Segment Analysis - By Application Type
Nano research segment held the highest market
share in 2020 with CAGR 24% during the forecast period 2021-2026.
Nano research is a field of science that aids in the revolutionization and
improvement of a variety of businesses and technological sectors, including
environmental science, food safety, transportation, medical, homeland security,
and information technology. It is one of the most rapidly developing
disciplines of research, with the potential to revolutionize a variety of
sectors. Nanotechnology offers a variety of techniques for monitoring
individual cells at the molecular level in medical science. Additionally, The
National Nanotechnology Initiative (NNI), the U.S. Government R&D
initiative, received more than requested funds from the government in 2017 and
2018, accounting for $1.4 billion in 2018, and $1.2 billion in 2017. Federal
organizations with the largest share of investments are the Department of
Health and Human Science (HHS), the National Science Foundation (NSF), the
Department of Energy (DOE), the Department of Defense (DOD) and the Department
of Commerce (DOC). For 2019, NNI provided an expenditure plan, which involved
awarding 39% for foundational research, 28% for developing applications and
devices, and 16% for infrastructure and instrumentation. Such funding and
investments in years ahead is anticipated to boost the market growth during the
forecast period.
Cryogen Free Dilution Refrigerators market Segment Analysis - Geography
North America held the highest market share in 2020 of around 35%. The growing usage of Cryogen Free Dilution Refrigerators in different sectors of technology is driving market expansion in this area. The market's expansion is aided by the presence of key market players as well as increasing research and development expenditure. When compared to other competitors in the market, Oxford Instruments, headquartered in the United Kingdom, owned the largest share of the global cryogen free dilution refrigerators market in 2020. This, in turn, is driving the growth of the market and encouraging technological development in this region. In September 2020, Rigetti UK announced that it lead a £10 million consortium to accelerate the commercialisation of quantum computing in the UK. The three-year programme will build and operate the first quantum computer in the UK, make it available to partners and customers over the cloud, and pursue practical applications in machine learning, materials simulation, and finance. Such investments in quantum computing leads to rise in application of Cryogen Free Dilution Refrigerators which in turn positively impact the market growth. The market in APAC is estimated to expand at a significant rate during the forecast period, as countries such as China, Japan, South Korea and others are investing in research & development to produce innovative products at low cost rather than importing or buying the technology.
Cryogen Free Dilution Refrigerators market Drivers
Rising application for Quantum Computing is expected to drive the Cryogen Free Dilution Refrigerators market
Quantum computing is a branch of
technology that focuses on the development of computer technology based on
quantum theory's principles. It describes how materials and energy behave at
the subatomic and atomic levels. Cryogen-free dilution coolers are used in
quantum-optical investigations for the study of luminescence centres in
silicon and to chill processors that are necessary for quantum computing.
In the realm of quantum computing, demand for cryogen-free dilution
refrigerators is projected to rise as they can provide cooling for experiments
where the dilution refrigerators' cooling power is insufficient to cool cables
and amplifiers. As a result, throughout the projected timeframe 2021-2026,
demand for cryogen-free dilution refrigerators is expected to grow
considerably.
High cooling power can be obtained even in low temperature region
The only technology that produces
temperatures between 0.3 K and 0.005 K for indefinite working durations is
helium-3,4 cryogen free dilution refrigeration, which is essential for low
temperature research and engineering. Traditional cryostats with liquid helium
precooling are set to be replaced with cryogen-free dilution refrigerators. A
two-stage pulse tube cryocooler is always used to precool the dilution circuit.
As a result, the experimentalist has refrigeration capabilities at the
temperatures of the two stages of the pulse tube cooler, as well as three
dilution circuit temperatures (0.7 K - still, 0.1 K - heat exchanger, and 0.01
K - mixing chamber). Consequently, availability of high cooling power even at
low temperature aids to the up liftment of the market growth.
Cryogen Free Dilution Refrigerators Market Challenges
Higher vibration and pressure than conventional dilution is expected to hinder the Cryogen Free Dilution Refrigerators market growth
Modern dilution refrigerators can use a
cryocooler instead of liquid nitrogen, liquid helium, and a 1 K bath to precool
the 3He. Dry cryostats do not require an external source of cryogenic
fluid and may be highly automated. Dry cryostats, on the other hand, have
significant energy needs and vulnerable to mechanical vibrations, such as those
produced by pulse tube freezers. The pulse tube refrigerator in the integrated
cryogen-free dilution refrigerator transmits micro vibrations to the dilution
refrigerator main unit. The pulse tube refrigerator's micro vibrations have a
considerable impact on the temperature of the mixing chambers at the
temperature of the integrated cryogen-free dilution refrigerator. This affects
the performance of the dilution refrigerators which turn restrains the market
growth.
Cryogen Free Dilution Refrigerators Market Landscape
Partnerships and acquisitions along with product launches are the key strategies adopted by the players in the Cryogen Free Dilution Refrigerators market. As of 2020, the market for Cryogen Free Dilution Refrigerators market is consolidated with the top players including Oxford Instruments, BlueFors, Janis Research, Cryomagnetics, Hall Scientific, ICE Oxford, Cryoconcept, Leiden Cryogenics, and Quantum Design and among others.
Acquisitions/Technology Launches/Partnerships
- In March 2021, Oxford Instruments NanoScience
announced the launch of its latest innovation in Cryofree dilution refrigerator
technology for quantum computing scale-up, the ProteoxLX, as well as a new
quantum computing customer collaboration in Asia.
- In August 2020, Lake Shore Cryotronics, a leading innovator in solutions for precise, highly accurate measurement under variable temperature and magnetic field conditions, announced the acquisition of Janis Research’s Laboratory Cryogenics business — a move that unites two of the world’s leading providers of cryogenic and material characterization solutions for low-temperature research.