Global Inert Gas Generator System Market Size study, by Type (Industrial IGGS, Aviation IGGS, Marine IGGS), by Fit (OEM Fit, Retrofit), by End-use (Industrial, Aviation, Marine) and Regional Forecasts 2022-2028

Global Inert Gas Generator System Market Size study, by Type (Industrial IGGS, Aviation IGGS, Marine IGGS), by Fit (OEM Fit, Retrofit), by End-use (Industrial, Aviation, Marine) and Regional Forecasts 2022-2028

Global Inert Gas Generator System Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Inert gas generator system is a gas generator system that produces gases having less than 5 % oxygen in it. IGGS burns fuel to create exhaust gas, which in turn passes through scrubbers to pass cleaning. Surge in the procurement of military & commercial aircraft and rising shipping industry has led to the adoption of Inert Gas Generator System across the forecast period. For Instance: As per the IBEF, In April 2021, Adani Ports signed an agreement with Vishwa Samudra Holdings Pvt. Ltd., to acquire a 25% stake of Adani Krishnapatnam Port Limited (Krishnapatnam Port) for a consideration of Rs. 2,800 crore (US$ 226.4 billion). Also, with the rising industrialization, the adoption & demand for Inert Gas Generator System is likely to increase the market growth during the forecast period. However, high cost of maintenance impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the Global Inert Gas Generator System Market study include Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading region across the world in terms of market share owing to established manufacturing, automotive, and industrial sectors. Whereas, Asia Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2022-2028. Factors such as procurement of new fighter aircraft to replace aging fighter jets are responsible for lucrative growth prospects for the Inert Gas Generator System Market across Asia Pacific region.

Major market players included in this report are:
Wartsila
Parker Hannifin Corporation
Honeywell International
Eaton Corporation
On Site Gas Systems
Air Liquide
Novair Industries
Cobham plc
Alfa Laval,
Coldharbour Marine
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Industrial IGGS
Aviation IGGS
Marine IGGS
By Fit:
OEM Fit
Retrofit
By End Use:
Industrial
Aviation
Marine
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Inert Gas Generator System Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

Wartsila
Parker Hannifin Corporation
Honeywell International
Eaton Corporation
On Site Gas Systems
Air Liquide
Novair Industries
Cobham plc
Alfa Laval,
Coldharbour Marine Show more