Global Helium Turbo Expander Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Helium Turbo Expander market size was valued at US$ 42.8 million in 2023 and is forecast to a readjusted size of USD 65.2 million by 2030 with a CAGR of 6.1% during review period.

A helium turboexpander is a specialized turboexpander designed for use with helium gas. It leverages the Joule-Thomson effect to achieve cryogenic temperatures. As helium expands through the turbine, it performs work, causing a significant temperature drop. This cold helium is crucial for various cryogenic applications like MRI machines, superconducting magnets, and research in low-temperature physics. Due to helium's unique thermodynamic properties, these expanders require high precision manufacturing and careful design considerations to achieve optimal efficiency and reliability at cryogenic temperatures.

The industry trend for helium turboexpanders is closely tied to the growing demand for helium in various high-tech applications and the increasing importance of helium conservation. Key trends include:

Higher Efficiency and Reliability: Improving efficiency is paramount to minimize helium losses and reduce operating costs. Research focuses on advanced materials, improved aerodynamic designs, and optimized sealing technologies to reduce leakage and friction losses at cryogenic temperatures. Reliability is also crucial, as downtime in critical applications like MRI can have significant consequences.

Miniaturization and Compact Design: There's a trend towards smaller, more compact helium turboexpanders for integration into smaller-scale cryogenic systems. This is driven by the increasing use of cryogenic technologies in portable devices and distributed applications.

Oil-Free Design: To prevent contamination of the helium stream, oil-free designs are becoming increasingly important. This often involves using magnetic bearings or other non-contact bearing technologies.

Advanced Control and Monitoring: Sophisticated control systems and real-time monitoring are being implemented to optimize performance, predict maintenance needs, and prevent failures. These systems often incorporate advanced sensors and data analytics.

Recovery and Recycling: Given the limited availability of helium resources, there's a strong emphasis on helium recovery and recycling. Helium turboexpanders play a vital role in these recovery systems, allowing for the reuse of this valuable resource. This trend is driven by both economic and environmental considerations.



This report is a detailed and comprehensive analysis for global Helium Turbo Expander market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Helium Turbo Expander market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Helium Turbo Expander market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Helium Turbo Expander market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Helium Turbo Expander market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Helium Turbo Expander

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Helium Turbo Expander market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Cryostar, Atlas Copco, Baker Hughes, Air Products, ACD, L.A. Turbine, Turbogaz, Air Liquide, Hangzhou Oxygen, Sichuan Air Separation Plant, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Helium Turbo Expander market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Radial-Axial Turbo Expander
Radial Turbo Expander
Axial Turbo Expander

Market segment by Application
Chemical Industry
Medical
Semiconductor
Aerospace
Others

Major players covered
Cryostar
Atlas Copco
Baker Hughes
Air Products
ACD
L.A. Turbine
Turbogaz
Air Liquide
Hangzhou Oxygen
Sichuan Air Separation Plant
Harbin North China Kongfen Equipment
Sichuan Huayu

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Helium Turbo Expander product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Helium Turbo Expander, with price, sales quantity, revenue, and global market share of Helium Turbo Expander from 2019 to 2024.

Chapter 3, the Helium Turbo Expander competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Helium Turbo Expander breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Helium Turbo Expander market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Helium Turbo Expander.

Chapter 14 and 15, to describe Helium Turbo Expander sales channel, distributors, customers, research findings and conclusion.