Laboratory Gas Generators Market Size And Forecast
Laboratory Gas Generators Market size was valued at USD 342.41 Million in 2020 and is projected to reach USD 985.9 Million by 2028, growing at a CAGR of 14.14% from 2021 to 2028.

The surge in demand for automation in laboratory equipment is expected to be a significant element driving the industry’s growth. The increased demand for hydrogen gas as an alternative to helium is expected to benefit the industry in the next years. The Global Laboratory Gas Generators Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Laboratory Gas Generators Market Definition
A laboratory gas generator supplies a constant supply of purified gas directly to equipment that needs a specific gas, such as gas chromatography, ion mobility spectrometers, gas analyzers, GC-MS, FTIR, environmental chambers, or clean, dry gas devices. Laboratory gas generators remove the risks associated with working with high-pressure cylinders. Many laboratory gas generators are fully automated. The fundamental working concept involves a spark plug that ignites the gasoline, a piston that is driven down, and a crankshaft that rotates. The generator’s rotor is spun in an electromagnetic field by the crankshaft, which generates an electric current.

The laboratory gas generators are considered to be more efficient and economic than compressed gas cylinders and bulk gas storage labs. These on-demand gas generators are a dependable and simple-to-use option. They are also regarded as a long-term replacement even though they are safe, stable, and may be used indefinitely. Laboratory gas generators are utilized for several applications such as chromatography and mass spectroscopy in many sectors including the pharmaceutical and chemical industries. Furthermore, these generators have a wide range of applications in the food and beverage business, the industrial industry, and the electrical and electronic sectors.

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Global Laboratory Gas Generators Market Overview

The surge in demand for automation in laboratory equipment is one reason that is expected to push the sector forward. The growing relevance of analytical methods in drug and food approval processes, rising food safety concerns, increasing use of laboratory gas generators due to their numerous benefits over conventional gas cylinders, expanding demand for hydrogen gas as a substitute to helium, and increased R&D expenditure in the Laboratory Gas Generators Market are all driving the industry forward. Furthermore, demand is expected to be driven by the expansion of healthcare facilities, infrastructure, technological developments, and life sciences throughout the forecast period.

Companies in this market are focusing on acquisitions to expand their operations, which is likely to fuel growth in the worldwide Laboratory Gas Generators Market. Moreover, there is an increase in issues about the safe usage of gas generators, thus the replacement of traditional gas cylinders is likely to Laboratory Gas Generators Market growth. On the other hand, laboratory customers’ reluctance to replace traditional gas supply systems with contemporary laboratory gas generators, as well as the availability of reconditioned equipment, are likely to hinder the market’s growth. Another factor that is likely to restrict the growth of the global Laboratory Gas Generators Market is the significant cost associated with laboratory gas generators owing to its premium service capabilities. Covid-19 has had a negative impact on the majority of sectors throughout the world.

This can be ascribed to major interruptions in their respective production and supply-chain activities as a result of different precautionary lockdowns and other limitations imposed by governing bodies throughout the world. Furthermore, consumer demand has subsequently decreased as people are now more focused on cutting non-essential costs from their various budgets since the overall economic situation of most people has been adversely impacted by this outbreak. These factors are likely to weigh on the worldwide Laboratory Gas Generators Market’s revenue trajectory throughout the forecast period. However, when the respective governmental bodies begin to break these imposed lockdowns, the worldwide Laboratory Gas Generators Market is projected to recover.

Global Laboratory Gas Generators Market: Segmentation Analysis
The Global Laboratory Gas Generators Market is Segmented on the basis of Type, Application, End-User, And Geography.

Laboratory Gas Generators Market, By Type
Nitrogen Gas Generators
• Hydrogen Gas Generators
• Zero Air Generators
• Purge Gas Generators
• TOC Gas Generators
• Others
Based on Type, the market is segmented into Nitrogen Gas Generators, Hydrogen Gas Generators, Zero Air Generators, Purge Gas Generators, TOC Gas Generators, and Others. In the Laboratory Gas Generators Market, the hydrogen gas generators category has the fastest growth rate. That’s because it permits faster analysis and better discovery since hydrogen is becoming a more cost-effective alternative to helium.

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Laboratory Gas Generators Market, By Application

Liquid Chromatography-Mass Spectrometry
• Gas Chromatography
• Gas Analyzers
• Others
Based on Application, the market is segmented into Liquid Chromatography-Mass Spectrometry, Gas Chromatography, Gas Analyzers, and Others. Gas Chromatography is expected to have the highest market share because of its dependability, safety, prolonged intermission, and removal of hazardous conventional cylinders. The main drivers of this development are the use of helium hydrogen since the latter is expensive and gas chromatography is scarce.

Laboratory Gas Generators Market, By End-User
Life Science Industry
• Chemical & Petrochemical Industry
• Food & Beverage Industry
• Other
Based on End-User, the market is segmented into Life Science Industry, Chemical & Petrochemical Industry, Food & Beverage Industry, and Others. The Chemical & Petrochemical Industry has a large market share. This is due to the increasing number of new oil and gas fields. The life science industry also accounted for the largest and most important portion of the total market. The growing need for laboratory analytical equipment, an increase in drug research activities, and rigorous laws governing the drug innovation process are the key drivers driving the expansion of this sector.

Laboratory Gas Generators Market, By Geography
North America
• Europe
• Asia Pacific
• Rest of the world
On the basis of regional analysis, the Global Laboratory Gas Generators Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. North America is estimated to witness the highest market share in the global Laboratory Gas Generators Market over the forecast period due to an increase in the number of biotechnology centers, which is anticipated to propel the demand for laboratory gas generators and thus raise the growth of the global Laboratory Gas Generators Market.

Key Players
The “Global Laboratory Gas Generators Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Parker Hannifin Corporation, PeakGas, Linde plc, Nel ASA, PerkinElmer Inc., Angstrom Advanced Inc., Nitrogenium Innovations & Filteration India Pvt. Ltd., Apex Gasgen, PCI Analytics Private Limited, LNI Swissgas Srl, and On Site Gas Systems, Inc. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

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