Global Liquid Nitrogen Generators Market Growth 2023-2029
Liquid nitrogen is commonly used as a cryogenic refrigerant. Reasons why it is commonly used are that the nitrogen gas that it consists of accounts for 80% of air and so a large quantity of liquid nitrogen can be easily manufactured and obtained, nitrogen gas is inert, and it has a large thermal capacity which means it has a long retention time.
A liquid nitrogen generator consists of a nitrogen gas generator that separates and extracts nitrogen gas from the air and the main body that liquefies the nitrogen gas. The main body of the liquid nitrogen generator has a cryocooler for liquefying nitrogen gas, a vacuum heat-insulated vessel to store the liquid nitrogen, a level gauge, safety devices, and a control system in it.
LPI (LP Information)' newest research report, the “Liquid Nitrogen Generators Industry Forecast” looks at past sales and reviews total world Liquid Nitrogen Generators sales in 2022, providing a comprehensive analysis by region and market sector of projected Liquid Nitrogen Generators sales for 2023 through 2029. With Liquid Nitrogen Generators sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Liquid Nitrogen Generators industry.
This Insight Report provides a comprehensive analysis of the global Liquid Nitrogen Generators landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Liquid Nitrogen Generators portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Liquid Nitrogen Generators market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Liquid Nitrogen Generators and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Liquid Nitrogen Generators.
The global Liquid Nitrogen Generators market size is projected to grow from US$ 24 million in 2022 to US$ 32 million in 2029; it is expected to grow at a CAGR of 32 from 2023 to 2029.
The industry's leading producers are Peak Scientific, Ulvac Cryogenics and Noblegen, with revenue ratios of 33.34%, 23.97% and 14.08%, respectively, in 2019.
This report presents a comprehensive overview, market shares, and growth opportunities of Liquid Nitrogen Generators market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Production Rate≤10 L/Day
10<Production Rate≤20 L/Day
20<Production Rate≤40 L/Day
Production Rate>40 L/Day
Segmentation by application
Medical
Academic Research
Livestock Industry
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Peak Scientific
Ulvac Cryogenics
Noblegen
F-DGSi
MMR Technologies
Imtek Cryogenics
Key Questions Addressed in this Report
What is the 10-year outlook for the global Liquid Nitrogen Generators market?
What factors are driving Liquid Nitrogen Generators market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Liquid Nitrogen Generators market opportunities vary by end market size?
How does Liquid Nitrogen Generators break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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