USD 0.35 billion
Laboratory Gas Generators Market Size, Share, Growth Analysis, By Type(Nitrogen Generators, Hydrogen Generators, Oxygen Generators and Zero Air Generators), By Application(Pharmaceutical and Biotechnology, Chemical and Petrochemical, Food and Beverage, Environmental and Academic and Research Institutes), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG55B2007 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|Tables:
64
|Figures:
75
Laboratory Gas Generators Market Insights
Laboratory Gas Generators Market size was valued at USD 0.35 billion in 2021 and is poised to grow from USD 0.4 billion in 2022 to USD 1.16 billion by 2030, growing at a CAGR of 14.2% in the forecast period (2023-2030).
The global laboratory gas generators market has been experiencing significant growth in recent years. One of the primary drivers of the global market is the increasing demand for cost-effective and efficient gas supply solutions in laboratories. Traditional methods of gas supply, such as gas cylinders and dewars, are not only expensive but also prone to issues like gas contamination and supply interruptions. Laboratory gas generators offer a reliable on-site gas generation solution, eliminating the need for expensive gas cylinders and ensuring a constant supply of high-purity gases. Another significant factor contributing to the market growth is the growing emphasis on laboratory safety and compliance. Laboratory gas generators enable laboratories to maintain a safe working environment by eliminating the risks associated with storing and handling large gas cylinders. Moreover, they provide a continuous supply of gases without the need for manual replacement or transport, minimizing the potential hazards associated with gas handling. The market can be segmented based on the type of gas generated, including nitrogen gas generators, hydrogen gas generators, oxygen gas generators, and others. Nitrogen gas generators are the most widely used, as nitrogen is a commonly required gas in various laboratory applications, such as sample preparation, chromatography, and mass spectrometry. Hydrogen gas generators are also gaining traction due to their applications in gas chromatography, fuel gas supply, and as a carrier gas.
US Laboratory Gas Generators Market is poised to grow at a sustainable CAGR for the next forecast year.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Nitrogen Generators
Fastest Growth
Nitrogen Generators
Growth Rate
14.2% CAGR
Global Laboratory Gas Generators Market By Country ($ Bn)
Country Share for North America Region (%)
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Laboratory Gas Generators Market Segmental Analysis
Global Laboratory Gas Generators Market is segmented by type, application, and region. Based on type, the market can be segmented into Nitrogen Generators, Hydrogen Generators, Oxygen Generators and Zero Air Generators. Based on application, the market is segmented into Pharmaceutical and Biotechnology, Chemical and Petrochemical, Food and Beverage, Environmental and Academic and Research Institutes. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Global Laboratory Gas Generators Market By Type
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Laboratory Gas Generators Market Regional Insights
North America dominated the global laboratory gas generators market. North America has a strong presence of key market players, advanced research facilities, and a well-established scientific community. The region's dominance can be attributed to the high adoption of laboratory gas generators in various industries, including pharmaceuticals, biotechnology, and healthcare. Additionally, the stringent regulatory environment and the emphasis on research and development activities contribute to the dominant position of North America in the market.
Regarding the fastest-growing region in the global laboratory gas generators market, Asia-Pacific exhibits significant growth potential. The region is witnessing rapid industrialization, increasing investments in research and development, and a growing emphasis on healthcare and life sciences. Countries such as China, India, Japan, and South Korea are experiencing substantial growth in their laboratory infrastructure and scientific capabilities. Moreover, the rising demand for high-quality research, advancements in healthcare, and the expansion of the biotechnology and pharmaceutical sectors are driving the adoption of laboratory gas generators in the Asia-Pacific region. As a result, it is expected to be the fastest-growing region in the global laboratory gas generators market.
Global Laboratory Gas Generators Market By Geography
- Largest
- Fastest
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Laboratory Gas Generators Market Dynamics
Laboratory Gas Generators Market Drivers
Cost and Energy Efficiency
- Laboratory gas generators offer a cost-effective and energy-efficient solution compared to traditional gas supply methods like cylinders or liquid nitrogen. They eliminate the need for frequent refills, transportation, and storage of gas cylinders, leading to cost savings and enhanced operational efficiency. This makes laboratory gas generators an attractive option for laboratories aiming to optimize their resource utilization.
Laboratory Gas Generators Market Restraints
Limited Gas Purity and Flow Capacity
- While laboratory gas generators generally provide gases with high purity levels suitable for most laboratory applications, certain specialized uses may demand ultra-high purity or higher gas flow capacities. In such instances, alternative gas supply methods or additional purification systems might be required. It's essential for laboratories to assess their specific application requirements and ensure that the gas generator chosen can meet their precise needs.
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Laboratory Gas Generators Market Competitive Landscape
The global laboratory gas generators market is characterized by intense competition among various players operating in the industry. Laboratory gas generators are extensively used in research laboratories, pharmaceutical and biotechnology industries, and other scientific applications where a reliable and continuous supply of high-purity gases is essential. The competitive landscape of this market is shaped by factors such as technological advancements, product innovation, distribution channels, and customer relationships. One key aspect of the competitive landscape is the presence of numerous established manufacturers offering a wide range of laboratory gas generator products. These companies invest heavily in research and development to develop advanced technologies and improve the performance and efficiency of their gas generator systems. They focus on offering solutions that meet the specific requirements of different laboratory applications, providing customers with a range of options to choose from.
Laboratory Gas Generators Market Top Player’s Company Profiles
- Air Liquide S.A. (France)
- Linde plc (Ireland)
- Taiyo Nippon Sanso Corporation (Japan)
- Nel Hydrogen (Norway)
- Proton OnSite (US)
- LNI Swissgas (Switzerland)
- F-DGSi (France)
- VICI DBS (US)
- Erre Due (Italy)
- Claind S.r.l. (Italy)
- Peak Industrial (UK)
- SAES Group (Italy)
- MST (Germany)
- VICI AG International (Switzerland)
- Gentec-EO (Canada)
- WITT-Gasetechnik GmbH & Co KG (Germany)
- CONCOA (US)
Laboratory Gas Generators Key Market Trends
- One significant market trend observed in the global laboratory gas generators market is the growing preference for eco-friendly and sustainable solutions. Laboratories are increasingly focusing on reducing their carbon footprint and adopting environmentally friendly practices. This shift towards sustainability has led to a rising demand for laboratory gas generators that offer greener alternatives to traditional gas supply methods, such as cylinders or bulk liquid gas. Gas generators provide on-site production of gases like nitrogen, hydrogen, and zero-air, eliminating the need for transportation, storage, and handling of gas cylinders.
Laboratory Gas Generators Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to the global laboratory gas generators analysis, the importance of laboratory gas generators in scientific research, analytical testing, and other laboratory applications. These generators offer a reliable and cost-effective alternative to traditional gas supply methods, eliminating the need for gas cylinders and ensuring a continuous supply of high-quality gases. The increasing adoption of laboratory gas generators can be attributed to their benefits, including improved safety, convenience, and enhanced laboratory efficiency. One of the key findings of the report is the growing demand for laboratory gas generators across different end-use industries, such as pharmaceuticals, biotechnology, chemical, and academic research. The need for precise and accurate gas supply in various laboratory processes, such as chromatography, mass spectrometry, and sample preparation, is driving the market growth. Additionally, the report highlights the rising trend of automation in laboratories, which further fuels the demand for laboratory gas generators.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 0.35 billion |
| Market size value in 2031 | USD 1.16 billion |
| Growth Rate | 14.2% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Laboratory Gas Generators Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Laboratory Gas Generators Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Laboratory Gas Generators Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Laboratory Gas Generators Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Laboratory Gas Generators Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Laboratory Gas Generators Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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