Laboratory Gas Generators Market to Reach US$ 1.27 Bn by 2031, Transparency Market Research Inc.

Posted on 2024-03-07 by Transparency Market Research in Healthcare // 0 Comments

Wilmington, Delaware, United States, 2024-Mar-07 — /EPR Network/ — Transparency Market Research Inc. –

The global laboratory gas generators market, valued at US$ 449.3 Mn in 2021, is expected to grow at a CAGR of 11.0% from 2022 to 2031, reaching over US$ 1.27 Bn by 2031. The rise in demand for automation in laboratory equipment is a key driver of market growth.

Advantages over conventional gas cylinders, increased food safety concerns, demand for hydrogen gas as a helium substitute, and higher R&D spending are fueling the adoption of laboratory gas generators. The market is also benefiting from developments in life sciences, infrastructure, and healthcare facilities. Acquisitions by market players are expanding revenue streams, while safety concerns driving the replacement of conventional gas cylinders with gas generators are expected to further boost market growth.

Download Sample PDF: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=35933&utm_source=ExpressPress&utm_campaign=MansiR

Laboratory gas generators provide a continuous supply of purified gas to equipment like gas chromatography, ion mobility spectrometers, and gas analyzers, eliminating the need for high-pressure cylinders. They are fully automated and utilize a spark plug, piston, and crankshaft to generate electricity. More efficient and cost-effective than compressed gas cylinders, they are trusted, easy-to-use, and considered long-term replacements. Widely used in industries such as pharmaceuticals, chemicals, food & beverages, and electrical & electronics, they offer reliable gas supply for chromatography and mass spectroscopy applications.

Key Players:

Parker Hannifin Corp, Angstrom Advanced, Inc., PerkinElemer, Inc., Peak Scientific Instruments Ltd., Nel ASA, Erre Due s.p.a., Nitrogenium, F-DGSi, and Airgas, Inc.

Market Segmentation:

Product
- Hydrogen Gas Generators
- Nitrogen Gas Generators
- Oxygen Gas Generators
- Zero Air Gas Generators
- Purge Gas Generators
- Others

Application
- Gas Chromatography
- Liquid Chromatography-Mass Spectrometry (LC-MS)
- Gas Analyzers
- Spectroscopy
- Others

End-user
- Chem / Petrochemical Companies
- Pharmaceutical & Biotechnology Companies
- Environmental Companies
- Food & Beverage Companies
- Others

Key Developments:

In July 2021, Scientific Laboratory Supplies announced the launch of SLS Lab Pro gas and liquid nitrogen (LN2) generators in the U.K. and Ireland. The SLS Lab Pro technology will enable laboratories to control their gas and LN2 supplies, thus eliminating the need for cross-country transportation of gas canisters and Dewar flasks.
In August 2020, Peak Scientific introduced new laboratory nitrogen generators and bench solutions for the SCIEX 7500 liquid chromatography-mass spectrometry system. The company collaborated with SCIEX to create this platform to introduce lab nitrogen generators.
In January 2020, PeakGas introduced several laboratory gas generators including the Genius XE SCI 2, MS Bench (G) SCI 2, MS Bench SCI 2, and i-Flow O2 oxygen gas generator

Place an Order Copy of the Report: https://www.transparencymarketresearch.com/checkout.php?rep_id=35933&ltype=S&utm_source=ExpressPress&utm_campaign=MansiR

Regional Outlook:

In 2021, North America held a significant share, approximately 40.0%, of the global laboratory gas generators market. This dominance is expected to persist due to the proliferation of biotechnology centers, particularly in the U.S. For instance, Eli Lilly and Company’s expansion of biotechnology centers in San Diego, California, in 2017, is set to boost medicine production, thereby driving the demand for laboratory gas for product protection and enhancement.

Meanwhile, the Asia Pacific region is poised for rapid growth in the laboratory gas generators market in the coming years. Factors contributing to this expansion include increasing demand in pharmaceutical and biotechnology industries, the presence of emerging economies conducive to research and development activities, and government initiatives promoting research funding and collaboration with companies.

Market Trends:

Integration of smart sensors and IoT technologies for remote monitoring and control
Shift towards sustainable and eco-friendly gas generation solutions
Customization options tailored to specific laboratory requirements
Collaborative efforts between manufacturers and research institutions to drive innovation

Future Outlook:

The laboratory gas generators market is poised for continued expansion, driven by ongoing advancements in technology, evolving research needs, and the pursuit of cost-effective and sustainable solutions. With a growing focus on precision and reproducibility in scientific experiments, the demand for reliable gas supply systems will only intensify in the coming years.

Key Market Study Points:

Analysis of market dynamics, including drivers, challenges, opportunities, and trends
Assessment of market segmentation by service type, sourcing type, application, industry vertical, and region
Evaluation of regional market dynamics and growth prospects
Examination of key market players, their product portfolios, and strategic initiatives
Identification of emerging technologies and their impact on market evolution

Browse More Reports by TMR:

Global Auger Drill Bits Market to grow at a 4.8% CAGR from 2023 to 2031, reaching US$ 1.5 billion

Pickup Truck Market to Grow at a 5.2% CAGR from 2023 to 2031, Reaching US$ 177.5 Billion

About Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Matched content

Editor’s pick