Laboratory Gas Generator Market Growth and Analysis - Industry Trends, Size, Shares, Forecast to 2028

A laboratory gas generator delivers a continuous supply of purified gas directly to a system that requires the use of a particular gas. Laboratory gas generators are widely used in various end-use industries such as chemical, pharmaceutical, etc. for different applications such as mass spectroscopy and chromatography to identify different substances. Lab gas generators can generate many different gases, such as purge gas, zero hydrogen, zero nitrogen, zero air, compressed air, calibration gas, hydrogen, and nitrogen. The laboratory gas generator market is witnessing a significant growth due to increasing utilization across various industry verticals.

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Factors such as the lab automation, stringent regulations regarding drug discovery, rising drug research activities, and growing demand for lab-based analytical instruments are contributing to the market growth. Moreover, growth of the laboratory gas generator market is mainly driven by the growing demand for hydrogen as an alternative to helium, rising safety concerns related to the use of conventional gas cylinders, increasing research and development spending in target industries, and importance of analytical methods in food and drug approval processes.

Market players are focused on launching new and innovative products in the market to meet increasing demand, or focused on adopting various inorganic strategies, such as merger and acquisition, partnership and collaboration, etc., to strengthen their market position. For instance, in August 2020, Peak Scientific introduced its latest nitrogen gas generator innovations with the launch of a new suite of products engineered to support SCIEX's newly released mass spectrometry platforms. Peak Scientific also launched the NEW Genius2 range consists of three cutting edge nitrogen gas generators, such as the 3010, 3020, and 3030.

Moreover, in June 2018, Peak Scientific launched an exceptional gas generator designed specifically to provide on-demand gas for high performance analytical applications, such as triple-quadrupole LC-MS, GENIUS XE offers variable flow of analytical grade nitrogen gas of up to 70 liters per minute, and at purities up to 99.5%. Thus, such innovations by market players are expected to boost the laboratory gas generator market growth. However, the reluctance to replace traditional gas generator systems with modern laboratory gas generators is a major factor restraining growth of the laboratory gas generator market.

Another major factor that may inhibit the growth of laboratory gas generator market is the high cost associated with laboratory gas generators due to their premium service capabilities. Cost of the high flow nitrogen gas generator ranges between US$ 5,000 to US$10,000, while cost of the mild flow nitrogen gas generator ranges between US$ 10,000 to US$ 30,000.

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Main points in Laboratory Gas Generator Market Report Table of Content

Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Laboratory Gas Generator Market Size Analysis from 2021 to 2027
11.6 COVID-19 Outbreak: Laboratory Gas Generator Industry Impact

Chapter 2 Laboratory Gas Generator Competition by Types, Applications, and Top Regions and Countries
2.1 Laboratory Gas Generator (Volume and Value) by Type
2.3 Laboratory Gas Generator (Volume and Value) by Regions

Chapter 3 Production Market Analysis
3.1 Production Market Analysis
3.2 Regional Production Market Analysis

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Chapter 4 Laboratory Gas Generator Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Laboratory Gas Generator Market Analysis
Chapter 6 East Asia Laboratory Gas Generator Market Analysis
Chapter 7 Europe Laboratory Gas Generator Market Analysis
Chapter 8 South Asia Laboratory Gas Generator Market Analysis
Chapter 9 Southeast Asia Laboratory Gas Generator Market Analysis
Chapter 10 Middle East Laboratory Gas Generator Market Analysis
Chapter 11 Africa Laboratory Gas Generator Market Analysis
Chapter 12 Oceania Laboratory Gas Generator Market Analysis
Chapter 13 South America Laboratory Gas Generator Market Analysis
Chapter 14 Company Profiles and Key Figures in Laboratory Gas Generator Business
Chapter 15 Laboratory Gas Generator Market Forecast (2021-2027)
Chapter 16 Conclusions
Research Methodology

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