The global laboratory gas generators market attained a value of almost USD 411.28 million in 2023. The industry is further expected to grow at a CAGR of 13.30% over the forecast period of 2024-2032 to attain USD 1257.32 million by 2032.
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The growth in this industry is being driven primarily by the growing significance of analytical methods in drug and food approval procedures, the increased investment in R&D for target sectors, the increased security issues associated with the use of conventional gas cylinders, and the increased demand for hydrogen gas as an alternative to helium.
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The global laboratory gas generators industry is driven by the rapidly developing technology, increased demand for efficiency and safety, and the need for expandable and scalable gas producing capacity generators. Also, their cost-effective and compact design has resulted in their increased popularity among consumers.
Market Breakup by Product
Market Breakup by Application
Market Breakup by End Use
Market Breakup by Region
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The global laboratory gas generators industry is driven by the rapidly developing technology, increased demand for efficiency and safety, and the need for expandable and scalable gas producing capacity generators. Also, their cost-effective and compact design has resulted in their increased popularity among consumers.
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The nitrogen gas generators have gained immense popularity among consumers. The gas chromatography segment is anticipated to develop at the fastest rate during the forecast period. In 2020, the pharmaceutical and biotechnology companies segment held the largest share in the global laboratory gas generators industry. North America leads the global industry, accounting for a significant share in the market.
The increasing demand for laboratory automation and the growing life science sector is expected to have a positive impact on the market growth, while the reluctance to replace traditional gas producing techniques with laboratory gas generators will be a major constraint for the industry growth over the forecast period.
The report presents a detailed analysis of the following key players in the global laboratory gas generators market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global laboratory gas generators market reached a value of USD 411.28 million in 2023.
The market is projected to grow at a CAGR of nearly 13.30% in the forecast period of 2024-2032.
The market is estimated to reach a value of about USD 1257.32 million by 2032.
The major drivers of the market include rising disposable incomes, increasing population, rapidly advancing technology, rising demand for efficiency and safety, and the product’s cost-effective and compact design.
The rising investment in R&D for target sectors is expected to be a key trend guiding the growth of the market.
North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading regions in the market.
The several product types in the market include hydrogen gas generators, nitrogen gas generators, oxygen gas generators, zero gas generators, and purge gas generators, among others.
The major end-uses of the product in the market are chem/petrochemical companies, pharmaceutical and biotechnology companies, environmental companies, and food and beverage companies, among others.
The significant applications of the product include gas chromatography, liquid chromatography-mass spectrometry (LC-MS), gas analysers, and spectroscopy, among others.
The leading players in the market are Parker Hannifin Corp, Angstrom Advanced Inc., PerkinElmer, Inc., Peak Scientific Instruments Ltd, Nel ASA, ErreDue s.p.a, Nitrogenium Innovations & Filteration India Pvt. Ltd., and F-DGSi, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product |
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| Breakup by Application |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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