Helium Turboexpander Research Report：the market size is projected to grow from USD 64.05 million in 2024 to USD 77.36 million by 2030

Helium turboexpander is a mechanical device that uses helium as a working medium. It is mainly used in the field of cryogenic engineering, such as air separation units, liquefied natural gas (LNG) plants, and superconducting magnet cooling systems. It generates cold energy by doing work through gas expansion, thereby reducing the temperature and achieving the purpose of refrigeration.

According to the new market research report "Helium Turboexpander- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031", published by QYResearch, the global Helium Turboexpander market size is projected to grow from USD 64.05 million in 2024 to USD 77.36 million by 2030, at a CAGR of 3.20% during the forecast period.

Figure00001. Global Helium Turboexpander Market Size (US$ Million), 2024-2030

Source: QYResearch, "Helium Turboexpander- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”

Figure00002. Global Helium Turboexpander Top 10 Players Ranking and Market Share (Ranking is based on the revenue of 2024, continually updated)

Source: QYResearch, "Helium Turboexpander- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”

This report profiles key players of Helium Turboexpander such as PBS Group，ATEKO as，Chart Industries

In 2023, the global top five Helium Turboexpander players account for 48.36% of market share in terms of revenue. Above figure shows the key players ranked by revenue in Helium Turboexpander.

Market Drivers:

1. High-tech application demand: Helium turboexpanders are widely used in medical imaging (such as MRI), semiconductor manufacturing, and aerospace. As these industries develop, the demand for high-quality refrigeration solutions continues to grow.
2. Improved energy efficiency: Compared with traditional refrigeration technology, helium turboexpanders have a higher energy efficiency ratio and can significantly reduce energy consumption, which is in line with the trend of energy conservation and emission reduction.
3. Technological innovation: The application of new materials and new technologies has improved the performance and reliability of helium turboexpanders, reduced operating costs, and expanded their market acceptance.

Restraint:

1. Tight supply of helium: Helium is a rare resource with relatively tight global supply and large price fluctuations, which directly affects the cost and availability of helium turboexpanders.
2. High initial investment: The initial purchase and installation costs of helium turboexpanders and their supporting systems are high, which is a major financial burden for some small and medium-sized enterprises.
3. Technical complexity: Operating and maintaining helium turboexpanders requires professional knowledge and technical support, and training employees or hiring experts increases operating costs and difficulty.

About The Authors

Yaping Zhao - Lead Author

Email: zhaoyaping@qyresearch.com

About QYResearch

QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 17 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.

QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.

Contact Us:

If you have any queries regarding this report or if you would like further information, please contact us:

QY Research Inc.

Add: 17890 Castleton Street Suite 369 City of Industry CA 91748 United States

E-mail: global@qyresearch.com

Tel: 001-626-842-1666(US)  0086-133 1872 9947(CN)

EN: https://www.qyresearch.com

JP: https://www.qyresearch.co.jp