Industrial Nitrogen Generator Market to Witness Huge Growth by Key Players: Parker Hannifin Corporation, Ingersoll Rand, Linde Plc, Inmatec

Global Industrial Nitrogen Generator Market 2022-2026, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market. An exclusive data offered in this report is collected by research and industry experts team.

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Industrial Nitrogen Generator Market by Technology Type (PSA, Membrane-based, Cryogenic based), Size and Design, End-use Industry (F&B, Medical & Pharmaceutical, Transportation, C&P, E&E, Manufacturing) and Region - Global Forecast till 2026. The global industrial nitrogen generator market size is projected to reach USD 5.5 billion by 2026 from USD 4.2 billion in 2021, at a CAGR of 5.4% during the forecast period.

The report provides a comprehensive analysis of company profiles listed below:
• Parker Hannifin Corporation (US)
• Ingersoll Rand (US)
• Air Products and Chemicals Inc. (US)
• Atlas Copco (Sweden)
• Air Liquide (France)
• Hitachi Industrial Equipment System Company (Japan)
• Inmatec (Germany)
• Linde Plc (UK)
• Novair SAS (France)
• Oxymat A/S (Denmark).

‘PSA industrial nitrogen generator accounted for the largest share amongst other types in the industrial nitrogen generator market’
PSA-based industrial nitrogen generators produce a continuous stream of nitrogen gas through the principle of pressure swing adsorption from compressed and purified air. PSA nitrogen generators are also used in automotive electronics, consumer electronic product manufacturing, and metal processing, and so on. These are most commercially used industrial nitrogen generators owing to ease of use, efficient operations, and low cost.

‘Stationary industrial nitrogen generators is estimated to be the largest market in the overall industrial nitrogen generator market’
Stationary industrial nitrogen generators are widely used in food and beverage processing applications. The key growth driver of the high consumption of these industrial nitrogen generators is their use in various industries. Stationary industrial nitrogen generators are self-contained and fully integrated and do not require separate air.

‘Plug & play based industrial nitrogen generators is estimated to be the largest market in the overall industrial nitrogen generator market’
Plug & play industrial nitrogen generators are widely used in various industries. The major growth driver of the high consumption of these industrial nitrogen generators as they are compact in design and provide the operator with easy accessibility and autonomous function.

‘Food & beverage accounted for the largest market share amongst other end-use industry in the industrial nitrogen generator market’
Food & beverage is the largest end-use industry for the industrial nitrogen generators market owing to the increased necessity for better quality packaged food items, growth in demand for convenient foods, increasing shelf life of food products, reducing wastage, and expanding urban population growth in the emerging economies. These equipments help in proper processing of food items and beverages and hence keep the processed foods fresh for a longer time and increase the shelf life of the products.

‘APAC is projected to grow the fastest in the industrial nitrogen generator market during the forecast period.’
APAC is the fastest-growing market for industrial nitrogen generators. This growth is mainly owing to economic advancement of emerging economies, such as India, China, Indonesia, Malaysia, Singapore, Vietnam, and Thailand, in the region, where consumption for packed and accessible food products are growing annually. Furthermore, increase in population and growing urbanization rate are also driving the market for quality processed food products and boosting industrial nitrogen generator consumption.

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Competitive Landscape of Industrial Nitrogen Generator Market:
1 Overview
1.1 Industrial Nitrogen Generator Market, Key Developments
2 Revenue Analysis
2.1 Industrial Nitrogen Generator Market
3 Market Share Analysis
4 Ranking Analysis Of Key Market Players, 2020
4.1 Parker Hannifin Corporation
4.2 Ingersoll Rand
4.3 Air Products And Chemicals, Inc.
4.4 Atlas Copco
4.5 Air Liquide
5 Competitive Evaluation Quadrant (Tier 1)
5.1 Star
5.2 Pervasive
5.3 Emerging Leader
6 Strength Of Product Portfolio
7 Business Strategy Excellence
8 Competitive Evaluation Quadrant (Other Key Players)
8.1 Progressive Companies
8.2 Responsive Companies
8.3 Dynamic Companies
9 Strength Of Product Portfolio (Other Key Players)
10 Business Strategy Excellence (Other Key Players)
10.1 Company Footprint
10.2 Company Technology Type Footprint
10.3 Company Region Footprint
11 Competitive Scenario And Trends
11.1 Industrial Nitrogen Generator Market
11.1.1 Product Launches
11.1.2 Deals
11.1.3 Others

Research Coverage:
This report covers the industrial nitrogen generator market and forecasts its market size until 2026. The market has been segmented based on technology type, size, design, end-use industry, and region. The report also provides detailed information on company profiles and competitive strategies adopted by the key players to strengthen their positions in the market.
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