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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Competitive Landscape
Hitachi, Ltd. was founded in 1910 and is headquartered in Tokyo, Japan. It is an electrical equipment manufacturing company that specialises in information and telecommunication systems, and smart life and eco-friendly systems, among others.
Generon, LLC is an oil and gas company that was founded in 1988 and is headquartered in Texas in the United States. The company provides solutions for air and gas separation and compression solutions for various industries such as industrial and aircraft.
Airpack Nederland B.V. was established in 1978 and has its headquarters located in Zeeland in the Netherlands. The oil and gas company is a global manufacturer of custom made turn key compressor, nitrogen generators, and dryer, among other products.
Other market players include Linde plc, On Site Gas Systems, Inc., NOXERIOR s.r.l., and Atlas Copco AB, among others.
Nitrogen Generator Market Report Snapshots
Nitrogen Generator Market Size
Nitrogen Generator Market Analysis
Nitrogen Generator Market Share
*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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Key Questions Answered in the Report
The market is expected to grow at a CAGR of 4.6% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach around USD 17.91 billion by 2032.
The major drivers of the market are rising applications in chemical industries, increasing demand from food and beverage industry, and rising popularity owing to its reliability.
The key nitrogen generator market trends include technological advancements, cost-effective nature, and rising awareness regarding environmental friendliness of nitrogen generators.
The major regions in the market are North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The different types of nitrogen generators in the market are cryogenic nitrogen generator, membrane nitrogen generator, and pressure swing adsorption (PSA) nitrogen generator.
The various applications of nitrogen generators in the market include chemicals, transportation, food and beverages, electrical and electronics, and medical and pharmaceuticals, among others.
The key players in the market, according to the report, are Hitachi, Ltd., Generon, LLC, Airpack Nederland B.V., Linde plc, On Site Gas Systems, Inc., NOXERIOR s.r.l., and Atlas Copco AB, among others.
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