Laboratory Gas Generators Market Forecasts to 2028 – Global Analysis By Type (Hydrogen Gas Generators, Purge Gas Generators, Nitrogen Gas Generators, Zero Air-gas Generators, Compressed air gas generator, TOC Gas Generators and Other Types), Application,

Laboratory Gas Generators Market Forecasts to 2028 – Global Analysis By Type (Hydrogen Gas Generators, Purge Gas Generators, Nitrogen Gas Generators, Zero Air-gas Generators, Compressed air gas generator, TOC Gas Generators and Other Types), Application, End User and By Geography

According to Stratistics MRC, the Global Laboratory Gas Generators Market is accounted for $4.1 billion in 2022 and is expected to reach $10.2 billion by 2028 growing at a CAGR of 16.4% during the forecast period. Laboratory gas generators are a set of tools used to help supply sufficient quantities of purified gas to tools that require it to work. This system supplies the flow of the specific gas as needed to complete the procedure. The other application similarly requires clean, dry gas, which can be provided by laboratory gas generators. Gases including hydrogen, nitrogen, compressed gas, calibration gas, purge gas, zero hydrogen, and zero nitrogen can all be utilised with the laboratory gas generator.

According to an IEA analysis published in October 2021, demand for hydrogen is projected to reach 88.48 metric tons in 2020 and 210.56 metric tons by 2021.

Market Dynamics

Driver:

Rise in need for the automation

The growing demand for laboratory automation in order to employ analytical methods safely is also anticipated to drive the market. The industry is expected to grow as drug research efforts accelerate. Traditional gas cylinders are utilised to create safety risks, so in the pharmaceutical business, the development of gas generators was crucial and would aid in the industry's growth throughout the anticipated period.

Restraint

Availability of refurbished products

As medical cannabis becomes more widely accepted around the world, there is an increased need for cannabis to be analytically tested to ensure its safety before being consumed by humans. Governments in several nations are allowing the use of medicinal cannabis due to its advantages for health. Thus, the market's expansion is being constrained by the availability of refurbished goods.

Opportunity

Increase in utilisation in biotechnology and pharmaceutical applications

Manufacturers are now concentrating on implementing innovations based on usage in their products. In addition, when the prevalence of diseases rises, there is an increase in demand for the manufacture of pharmaceuticals. Analyses of the medications after manufacture must be done. The market is predicted to grow as a result of a sharp increase in demand for medication R&D.

Threat

High cost of the gas generators

The high cost of laboratory gas generators due to their superior service capabilities is restraining the market. The less widespread use of laboratory gas generators in developing nations compared to developed nations and the expensive cost of these generators premium service capabilities are limiting the expansion. However, a lack of technical competence in terms of installation and servicing would pose obstacles for the market.

Covid-19 Impact

The current pandemic's breakout increased the need for drug R&D, which in turn forced the industry to adopt streamlined procedures for the evaluation and approval of chemical components with potential for use in medicine. The current situation has resulted in a rise in laboratory gas generators due to the demand in research. The laboratory gas generators have improved response times, are safer to operate, and are in high demand worldwide, all of which will contribute to the market's growth in the near future.

The nitrogen gas generators segment is expected to be the largest during the forecast period

The nitrogen gas generators segment is estimated to have a lucrative growth, due to it is widely adopted in the food industry, semiconductors, petroleum, chemistry, and research institutes. Machines called nitrogen gas generators take nitrogen molecules out of compressed air. Growing food safety concerns, an increased emphasis on analytical techniques in medicine and food approval procedures, and rising R&D spending in the target industries are all contributing to the segment’s growth.

The life science segment is expected to have the highest CAGR during the forecast period

The life science segment is anticipated to witness the fastest CAGR growth during the forecast period, owing to the growing need for laboratory analytical equipment. The category is being improved by ease of use, technical developments, an increase in healthcare facilities, and the life science industries globally. The main forces for the expansion include a surge in drug research activities and strict legislation governing the drug invention process.

Region with Largest share:

Asia Pacific is projected to hold the largest market share during the forecast period owing to rising demand for laboratory automation. The rise in demand for laboratory gas generators in the pharmaceutical, biotechnology, and related industries, the existence of emerging economies with high potential for R&D activities, and government initiatives for research funding & company collaboration can all be attributed to the expansion of the industry.

Region with highest CAGR

North America is projected to have the highest CAGR over the forecast period, owing to increasing number of biotechnology centers. The growth is anticipated to increase with increased usage in the dairy, food, and pharmaceutical industries. It is anticipated that factors including increased R&D spending, rapid adoption of cutting-edge new technologies, and prominent market players in this area will support the market's expansion.

Key players in the market

Some of the key players profiled in the Laboratory Gas Generators Market include LNI Swissgas, Nel ASA, Parker-Hannifin Corporation, Isolcell S.p.A, Peak Scientific Instruments, Ltd., Claind S.r.l., Labtech S.R.L., ErreDue spa, Praxair Technology, Inc., Analab Scientific Instruments Private Limited, Oxymat A/S, Leman Instruments, Airgas,Inc., Linde plc and PCI Analytics Private Limited.

Key Developments

In June 2022, LNI launched its new product, the HG MINI hydrogen generator. It has an innovative static drying system that ensures the maximum grade of hydrogen purity and protects the GC with its humidity safeguard.

In March 2022, PEAK Scientific, a company involved in laboratory-grade gas generators, expanded the manufacturing facilities at Glasgow headquarters. The manufacturing facility increased from 8,500 square feet to just fewer than 12, 5000 feet will allow the company to increase its production, improve local employment opportunities and meet increased demands.

Types Covered:
• Hydrogen Gas Generators
• Purge Gas Generators
• Nitrogen Gas Generators
• Zero Air-gas Generators
• Compressed air gas generator
• TOC Gas Generators
• Other Types

Applications Covered:
• Flame ionization detectors
• Flame photometric detectors
• Gas Chromatography
• Gas Analysers
• Liquid Chromatography-Mass Spectrometry
• Other Applications

End Users Covered:
• Chemical & Petrochemical
• Food & Beverage
• Life Science
• Other End Users

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements