Enhanced safety, scalability in nitrogen generation capacity over helium, increased attention on analytical techniques in the process of Food and Drug approval, and maximum preference for laboratory analytical instruments are key factors contributing to high CAGR of Laboratory Gas Generators market during the forecast period.
The Laboratory Gas Generators Market was valued at USD 239.9 million in 2018 and is anticipated to reach USD 596.3 million in 2026 with a CAGR of 11.9%. The Laboratory gas generators are a better alternative to conventional cylinders. Being a more useful source of gas from a cost perspective, these generators are safe, better in terms of design and infrastructure, takes up minimum space, and no labor required to move bulky cylinders around the laboratory. There is no requirement of switching mechanisms or long runs of tubing to or through exterior walls. The gas generators are more appropriate and reliable. The Hydrogen Gas Generators (Parker PEM and ChromGas Hydrogen Generators) use a Proton Exchange Membrane to produce fuel-grade hydrogen. The Nitrox UHP Hydrogen Generator uses an ion-exchange membrane to produce ultra-high pure hydrogen from laboratory-grade deionized water. The Nitrogen Gas Generator employs pressure swing technology, which yields a continuous supply of nitrogen. Most of the products include an integral oil-free air compressor, which delivers filtered compressed air (101 psi / 7 bar) to a bed of carbon molecular sieve, which removes oxygen, water vapor, carbon dioxide, and hydrocarbons. The OXYMAT on-site Nitrogen systems use to increase the shelf life, preservation of freshness, taste, and texture, delay the rancidity, and bring improvement in product quality.
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The global Laboratory Gas Generators market is expected to reach. This can be attributed to factors such as rising prevalence of chronic diseases, infections, rapidly growing healthcare and medical sectors, improving healthcare infrastructure and research centers, and increasing adoption of latest equipment and medical devices in medium to large scale hospitals, clinics and ambulatory care centers. In addition, high adoption of latest treatment facilities across several healthcare sectors, government initiatives to create awareness about diseases, increasing funds by public and private sectors, and growing demand for home care devices and point of care diagnosis are expected to fuel global market revenue growth going ahead.
Competitive Landscape:
The report also covers the competitive landscape with extensive profiling of the key competitors. It covers recent product developments, joint ventures, product launches, technological advancements, mergers and acquisitions, collaborations, and partnerships. Some of the key players operating in the global market are Parker Hannifin Corporation (US), Peak Scientific Instruments Ltd. (UK), Praxair Technology, Inc. (UK), Nel (Norway), F-DGSi (France), VICI DBS (US), LNI Swissgas Srl (Switzerland), LabTech S.r.l. (Italy), Claind S.r.l. (Italy), and ErreDue s.p.a. (Italy).
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Market segment analysis:
By Region:
· North America
o U.S.
o Canada
o Mexico
· Europe
o Germany
o U.K.
o Italy
o France
o BENELUX
o Rest of Europe
· Asia Pacific
o China
o India
o Japan
o South Korea
o Rest of APAC
· Latin America
o Brazil
o Rest of LATAM
· Middle East & Africa
o Saudi Arabia
o U.A.E.
o South Africa
o Rest of MEA
Product Outlook (Revenue in Million USD; 2016–2026)
- Nitrogen Gas Generators
- Hydrogen Gas Generators
- Zero Air Generators
- Purge Gas Generators
- Others
Application Outlook (Revenue in Million USD; 2016–2026)
- Gas Chromatography
- Liquid Chromatography-Mass Spectrometry
- Gas Analyzers
- Other Applications (Light scattering detectors, evaporators, microwave plasma-atomic emission spectrometer)
End Use Outlook (Revenue in Million USD; 2016–2026)
- Pharmaceutical and Biotechnology Companies
- Chemical and Petrochemical Companies
- Food and Beverage Companies
- Other End use (Environmental Companies, Research and Academic Institutions)
Further key findings from the report suggest
· The Gas Chromatography (GC) is anticipated to reach a CAGR of 12.5% in 2026, due to its reliability, safety, and extended intermission.
· The Pharmaceutical and Biotechnology companies had a significant market share. Increased preference for laboratory analytical instruments, increased activities related to drug research and its strict regulations, and laboratory innovation is contributing to the large percentage of this end-user segment.
· Asia Pacific will have a high CAGR of 12.9% according to the forecast period due to emerging clinical trials in the regions of Asia.
· Parker Hannifin Corporation, a US-based company, had planned to extend its research and development activities in the application of advanced hollow fiber filter membranes at the Parker Filtration Innovation Center in Columbia on 24th January 2020. The research is to refine the membrane technology in food and beverage, water purification, and gas generation industries.
· The Nitrogen Gas Generators held the largest market share of 43.5% in 2018. The increased working efficiency, improved safety, scalability in nitrogen generation capacity are the factors attributed to the high market share.
· Peak Scientific launched a new hydrogen solution in the market, the Precision Hydrogen Trace 1200, on 12th September 2018. The product was on display at JASIS 2018 (Largest Exposition in Asia for Analytical and Scientific Instruments) at the Peak Scientific booth and is for GC use. The versatile new machine can be used for multiple GC detectors requiring hydrogen fuel such as Flame Ionization Detector and Flame Photometric Detection. It produces up to 1200 cc carrier-grade hydrogen at 99.99% purity.
· Lab Tech provides laboratory generators which have high purity nitrogen, hydrogen, and zero air is a necessity in every high-quality test lab. Complete solutions for sample preparation and flame support is available.
· The Genius XE, a quadrupole LC-MS, by Peak Scientific, offered a variable flow of analytical grade nitrogen up to 70 liters per minute and at purities up to 99.5%.
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