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The laboratory gas generators are used in various industries such as food, chemicals, pharmaceuticals, etc. The growth in this market is mainly driven by the rising safety concerns related to the use of conventional gas cylinders, the growing importance of analytical techniques in drug and food approval processes, and increasing R&D spending in target industries.
The emergence of the life science industry has accelerated the adoption of analytical instruments and methods in research activities. The increasing demand for laboratory automation and opportunities in the life science industry will also have a positive impact on market growth in the forecast years. Therefore, the growing focus toward the development of better options, along with rising safety concerns related to the use of conventional gas cylinders is expected to drive the laboratory gas generators market.
However, reluctance to replace conventional gas supply methods and lack of skilled personnel is expected to hinder the market growth.
Scope of the Report
As per the scope of the report, a Laboratory gas generator is a system that delivers a continuous supply of purified gas directly to a system that requires the use of a particular gas. These generators are used in numerous industries such as petrochemicals, pharma and biotech, and food and beverages.
Key Market Trends
Hydrogen Gas Generators is Expected to Grow at the Highest CAGR During the Forecast Period
By type, the market has been segmented into Nitrogen Gas Generators, Hydrogen Gas Generators, Zero Air Generators, TOC Gas Generators, and Other Gas Generators. The hydrogen gas generators segment is expected to grow at the highest CAGR, owing to advantages such as growing preference for hydrogen as a cost-effective alternative to helium as offers faster analysis and optimal results. In addition, hydrogen gas generators offer other advantages such as cost-efficiency and easy installation.
North America dominates the Laboratory Gas Generators Market
North America has multiple factors that support the growth of this market, better than other geographic regions. North America dominates the market, owing to the rise in research and development activities among numerous pharmaceutical and other industries in the region. However, Asia-Pacific is expected to grow at a faster rate due to the presence of emerging economies, government funding for research, and improving healthcare infrastructure.
The market studied is moderately competitive and consists of the local players across several countries and some international players. The major players in the laboratory gas generators market include Claind S.r.l., ErreDue spa, F-Dgsi, Labtech S.R.L., LNI Swissgas, Nel ASA, Parker-Hannifin Corporation, Peak Scientific Instruments, Ltd., Praxair Technology, Inc., and VICI DBS S.r.l., which provides these products across the globe.
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