Nitrogen Generators Market Analysis- 2026 | Drivers, Restraints and Opportunities

According to a new report published by Allied Market Research, titled, " Nitrogen Generators Market by Generator Type and End-user Industry: Global Opportunity Analysis and Industry Forecast, 2019-2026," the global nitrogen generators market size was $11,776.1 million in 2018, and is projected to reach $17,435.5 million in 2026, growing at a CAGR of 4.9%. The PSA nitrogen generator segment accounted for over two-fifths of the market share in 2018 and is expected to witness significant growth during the nitrogen generators market forecast period.

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Nitrogen gas (N2) is utilized in different types of industries such as food packaging, mining, and other industries, which necessitate a constant supply of nitrogen gas. Nitrogen generators are used to generate on-site nitrogen gas; thus, the supply of nitrogen is limitless and on-demand. They offer considerably reduced downtime, lesser servicing costs, and have prolonged service life, making it one of the most economical nitrogen supply methods. In addition, an on-site nitrogen generator offers increased reliability, profitability, and sustainability as compared to traditional nitrogen generation methods such as nitrogen cylinders.

Key Segments

The global nitrogen generators market is segmented into generator type, end-user industry, and region. Depending on the generator type, the market is divided into PSA nitrogen generators, membrane nitrogen generators, and cryogenic nitrogen generators. The PSA nitrogen generator segment is anticipated to dominate the global market throughout the study period. By end-user industry, the market is divided into food & beverage, medical & pharmaceuticals, transportation, electrical & electronics, chemical, and others. The food & beverage segment is anticipated to hold the majority of the nitrogen generators market share.

Geographic Review

Region-wise, the nitrogen generators market is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and the Rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). North America is expected to dominate the nitrogen generators market during the forecast period.

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Competition Analysis

The key players profiled in the nitrogen generators market report include Air Products and Chemicals, Inc., Atlas Copco AB, Hitachi Industrial Equipment Systems Co., Ltd., L’Air Liquide S.A., Linde, NOVAIR S.A.S, On Site Gas Systems, Inc., Oxymat A/S, Parker-Hannifin Corporation, and Peak Gas Generation.

Key Benefits for Nitrogen Generators Market :

The report provides an extensive analysis of the current and emerging global nitrogen generators market trends and dynamics.

An in-depth analysis of the market is conducted by constructing market estimations for the key market segments between 2018 and 2026.

Extensive analysis of the market is conducted by following key product positioning and monitoring of the top competitors within the market framework.

A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.

Global nitrogen generators market forecast analysis from 2019 to 2026 is included in the report.

Key market players within the market are profiled in this report and their strategies are analyzed thoroughly, which helps to understand the competitive outlook of the industry.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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