Global Laboratory Gas Generators Market Report and Forecast 2024-2032

Global Laboratory Gas Generators Market Outlook

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.

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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Market Segmentation

A laboratory gas generator is a device that provides a constant supply of purified gas directly to a device requiring the use of a specific gas such as gas chromatography, GC-MS, FTIR, ion mobility spectrometer, gas analyser, environmental chamber, or clean, dry gas devices.

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The global laboratory gas generators market can be divided on the basis of segments like product, application, and end-use. The industry can be broadly categorised based on its product types into:

• Hydrogen Gas Generators
• Nitrogen Gas Generators
• Oxygen Gas Generators
• Zero Air Gas Generators
• Purge Gas Generators
• Others

The industry can be divided based on its applications as:

• Gas Chromatography 
• Liquid Chromatography-Mass Spectrometry (LC-MS) 
• Gas Analysers 
• Spectroscopy 
• Others

The industry can be segmented on the basis of its end-uses as:

• Chem/Petrochemical Companies 
• Pharmaceutical and Biotechnology Companies 
• Environmental Companies 
• Food and Beverage Companies
• Others

The EMR report looks into the regional laboratory gas generators markets like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.

Market Analysis

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.

Competitive Landscape

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:

• Parker Hannifin Corporation
• Angstrom Advanced Inc.
• PerkinElmer, Inc.
• Peak Scientific Instruments Ltd
• Nel ASA (NLLSF)
• ErreDue spa
• Nitrogenium Innovations & Filteration India Pvt. Ltd.
• F-DGSi
• Others

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.

Key Highlights of the Report