Increasing adoption in pharmaceutical, food additives, and dairy industry is expected to increase laboratory gas generators market concentration over the forecast period. Growth in this market is primarily led by growing safety issues relating to the use of traditional gas cylinders, the increasing importance of analytical techniques in the approval process for medicines and foodstuffs, and the rise in R&D spending in the target sectors.
The global laboratory gas generators market revenue was valued at >USD 250.0 Million in 2019. Emergence of life science industry has increased the demand for analytical instruments and methods used for scientific practices. Which in turns is expected to drive laboratory gas generators market over the estimated period.
The global Laboratory Gas Generators market worth US$ 1.27 Bn by 2031, growing at a CAGR of 11%
.jpg "The Global Laboratory Gas Generators Market 2021-2031 (USD Billion)")
Moreover, increasing opportunities in life science sector followed by rising demand for laboratory automation will further add market growth in coming years. Furthermore, the demand for laboratory gas generators is expected to be powered by a rising emphasis on creating improved alternatives, along with the safety issues related to the use of traditional gas cylinders.
Laboratory Gas Generators Market Scope
| Metrics | Details |
| Base Year | 2023 |
| Historic Data | 2018-2022 |
| Forecast Period | 2024-2031 |
| Study Period | 2018-2031 |
| Forecast Unit | Value (USD) |
| Revenue forecast in 2031 | US$ 1.27 Bn |
| Growth Rate | CAGR of 11% during 2021-2031 |
| Segment Covered | Product, Application, Regions |
| Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
| Key Players Profiled | Parker Hannifin Corp, Angstrom Advanced, Inc., PerkinElemer, Inc., Peak Scientific Instruments Ltd., Nel ASA, Erre Due s.p.a., Nitrogenium, F-DGSi, Airgas, Inc. |
Key Segment Of The Laboratory Gas Generators Market
Product (USD Billion)
• Hydrogen Gas Generators
• Nitrogen Gas Generators
• Oxygen Gas Generators
• Zero Air Gas Generators
• Purge Gas Generators
• Others
Application, (USD Billion)
• Gas Chromatography
• Liquid Chromatography-Mass Spectrometry (LC-MS)
• Gas Analyzers
• Spectroscopy
• Others
End-user, (USD Billion)
• Chem / Petrochemical Companies
• Pharmaceutical & Biotechnology Companies
• Environmental Companies
• Food & Beverage Companies
• Others
By Application, (USD Billion)
• Commercial
• Defense
• Recreational
Regional Overview, (USD Billion)
North America
• US
• Canada
Europe
• Germany
• France
• UK
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• Rest of Asia Pacific
South America
• Mexico
• Brazil
• Rest of South America
Middle East and South Africa
Frequently Asked Questions (FAQ) :
the laboratory gas generators market is growing at a CAGR of 11 % during the forecast period.
The Type of the laboratory gas generators market Nitrogen Gas, Hydrogen Gas, Zero Air, Purge Gas, Others.
The Global laboratory gas generators Market is Segmented on the basis of type,applications,Regions
In research practices, the growth of the life science industry and growing healthcare facilities have increased the use of analytical techniques and methods. As compressed gases are an important part of scientific studies, this has validated developments related to laboratory gas generators and the trend is expected to continue over the forecast period. Researchers are further inspired by safety issues and the need for on-demand supplies to step away from conventional tanks and implement laboratory gas generators. In addition, the spiraling market for extremely pure gases and the increasing cost of cylinder gases are enabling this technique to be embraced by laboratories. Such moves towards 'protection coupled with performance' and the need for 'application-specific gas purity standard' have greatly stretched the boundaries of the demand for laboratory gas generators.
Type Segment
The global laboratory gas generators market by type is segmented into purge gas, hydrogen gas, zero air, nitrogen gas, and others. The other segment comprised of dry air generators, calibration gas generators, and oxygen gas generators. In 2019, nitrogen gas generators dominated the global laboratory generators market. Enhanced battery efficiency, accessible nitrogen generation capacity, expandable capacity, and improved safety is expected to further remain its dominancy over the coming years.
Application Segment
In terms of the application, the market is segmented into liquid chromatography-mass spectrometry, gas chromatography, gas analyzers, others. Other applications for laboratory gas generators include sample preparation instruments, evaporators, light scattering detectors, and microwave plasma-atomic emission spectrometers. Extended downtime, elimination of hazardous gas cylinders, safety, and convenience is expected to dominate gas chromatography segment over the forecast period.
End User Segment
In terms of the end user, the market is segmented into biotech and pharmaceutical companies, petrochemical and chemical companies, food and beverage, others. Other end users for laboratory gas generators includes research institutes, environmental companies, and academic institutions. Increasing demand for analytical instruments used in laboratory coupled with increase in research and development in drug discovery activities is expected to dominate biotech and pharmaceutical companies segment over the forecast period.
In 2019, North America dominated the global laboratory gas generators market. Presence of well-established pharmaceutical companies such as Johnson & Johnson, Pfizer, Merck & Co., AbbVie Inc., Bristol-Myers Squibb, Eli Lilly and Company, Biogen, Abbott Laboratories, Stryker Corporation, and Regeneron is expected to open new opportunities for laboratory gas generator manufacturers to increase their production output in order to cater growing industry requirement.
The global laboratory gas generators industry has large number of well-established manufacturers and small & medium scale manufactures. Key companies operating in this industry are Parker Hannifin Corporation, Peak Scientific Instruments, Ltd., Praxair Technology, Inc., LNI Swissgas, F-Dgsi, NEL, VICI DBS, Labtech S.R.L., Claind SRL, and Erredue S.P.A. Manufacturers operating in this industry are adopting merger & acquisition, new product development, technological advancement, research & development, and facility expansion in order to form strategies to increase their customer base.