Covid-19 impact on Laboratory Gas Generators Market Depth Research Report 2020| Key Players: Parker Hannifin Corporation, Peak Scientific Instruments Ltd., Praxair Technology, Inc., etc

The Laboratory Gas Generators Market was valued at USD 239.9 million in 2019 and is anticipated to reach USD 596.3 million in 2027 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.

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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.

Laboratory Gas Generators is fragmented with Major Players:
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).

The advent of Life Sciences and Biotechnology in the healthcare facilities and infrastructure, importance of analytical techniques in food and drug approval, increased expenses by research and development team in target industries, safety issues regarding the use of Conventional Cylinders, and rise in call for hydrogen being an alternative to helium are the drivers responsible for the growth in the market.

Certain improvements have been made in the working of Laboratory Gas Generators such as the maintenance requirement being minimum. In using Hydrogen Generators, high-quality deionized water should be used. If a liquid or solvent is used for lower quality, it can potentially damage the machine. By their use, it eliminates shutting down of operations, commuting one cylinder into place while moving another out of the way, and continuous handling orders and invoices, and delays in the delivery waiting for the gas cylinders to arrive. The performance of ultra-high purity gas generators improves our analysis examination, has a compact design, and is cost-effective. The analysis of cannabis is a recent trend, as the products exist in various forms. However, there are issues related to cannabis testing. The current regulatory environment, especially the disengage between the state and federal law, is by far the most significant challenge associated with testing cannabis.

Factors causing hindrance to the market is the disinclination to replace standard gas supply connection with modern laboratory equipment, the lack of technical knowledge, expertise and skills for the setup of the products, and the increased costs due to their premium service potentials.

For the purpose of this report, Reports and Data has segmented the Laboratory Gas Generators market on the basis of Product, Applications, End Use and Region wise segmentation.

Product Outlook (Revenue in Million USD; 2020–2027)
• Nitrogen Gas Generators
• Hydrogen Gas Generators
• Zero Air Generators
• Purge Gas Generators
• Others

Application Outlook (Revenue in Million USD; 2020–2027)
• 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; 2020–2027)
• Pharmaceutical and Biotechnology Companies
• Chemical and Petrochemical Companies
• Food and Beverage Companies
• Other End use (Environmental Companies, Research and Academic Institutions)

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Regional Outlook (Revenue in Million USD; 2020–2027)
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America

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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Manufacturing cost structure:
The Global Laboratory Gas Generators Market report also analyses the manufacturing cost structure and provides various details about the raw materials, overall production process, and the industry chain structure analysis. The key factor that is propelling the market towards growth in each region is provided. The research report also focuses on the growth opportunities in the emerging markets of Asia Pacific, Latin America, and others.

Important Facts About Laboratory Gas Generators Market Report:
• This report gives information about the Laboratory Gas Generators business overview, product overview, market share, supply chain analysis, demand and supply ratio, and import/export details.
• The Industry report consists of different approaches and procedures endorsed by the Laboratory Gas Generators market key players to make crucial business decisions.
• The Laboratory Gas Generators market depicts some parameters like production value, Laboratory Gas Generators marketing strategy analysis, Distributors/Traders, and effect factors.

Key questions answered:
• What will be the market growth rate of the Laboratory Gas Generators market in the forecast period?
• What are the major factors fuelling the global Laboratory Gas Generators market?
• Who are the key manufacturers in the Laboratory Gas Generators market space?
• What are the market opportunities and market risks faced by the Laboratory Gas Generators market?
• What are the sales, revenue, and price analysis of the top manufacturers in this market?
• Who are the distributors, traders, and vendors in the Laboratory Gas Generators industry?

Reasons for Buying this Report:
1. To gain helpful insights into the Laboratory Gas Generators Industry and delivers a comprehensive understanding of the global market and its competitive landscape.
2. Assess the production processes, major restraints, and solutions.
3. Latest market strategies that are being adopted by leading players of the market.
4. The report provides specific analysis for the rapidly changing dynamics of the Industry.
5. An understanding of the future outlook and prospects for the market.

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