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Oxygen Generator Market 2022 Key Players, SWOT Analysis, Key Indicators, Forecast and COVID-19 Impact Analysis 2030 | Atlas Copco, Beijing Shenlu Medical Device Co Ltd., Foshan Care Medical Technology Co Ltd
The global Oxygen Generator Market is estimated to witness a rise in revenue from US$ 1,619.8 Mn in 2021 to US$ 2,545 Mn by 2030. The market is registering a CAGR of 5.1% during the forecast period 2022-2030.
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The global oxygen generator market is forecast to experience strong growth potential due to growing energy consumption across the world. It is majorly attributed to the rising population, increasing industrialization, and growing urbanization. Further, the growing range of data centers and other commercial buildings will also contribute to the growth of the market.
COVID-19 Impact Analysis
The global oxygen generator market experienced a sharp decline due to the COVID-19 outbreak. According to data from BP's Statistical Review of World Energy, Primary energy consumption dropped by nearly 4.5% in 2020, which is considered to be the largest decline since 1945.
The same source estimates that the US, India, and Russia witnessed the largest declines in energy consumption. However, China recorded a significant increase of nearly 2.1% in the energy demand. This thorough study by Astute Analytica covers all the factors impacting the market directly or indirectly. The report discusses the contribution of regions and companies in the form of investments and innovative strategies.
Regional Analysis
By Type segment of the Global Oxygen Generator Market is sub-segmented into:
Small PSA Oxygen Generator
Large PSA Oxygen Generator
By Form segment of the Global Oxygen Generator Market is sub-segmented into:
Portable Oxygen Generators
Stationary Oxygen Generators
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By Technology segment of the Global Oxygen Generator Market is sub-segmented into:
Pulse Flow
Continuous Flow
By Applications segment of the Global Oxygen Generator Market is sub-segmented into:
Home- Use Oxygen
Industrial Oxygen
Sewage and Wastewater treatment
Steel Industry
Gold Mining
Welding
Pulp and Paper Manufacturing
Glass Blowing
Fish farms & Aquaculture
By Region segment of the Global Oxygen Generator Market is sub-segmented into:
North America
The U.S.
Canada
Mexico
Europe
The UK
Germany
France
Italy
Spain
Poland
Russia
Rest of Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
South Korea
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Argentina
Brazil
Rest of South America
Key Players Insights
The key players operating in the market include Atlas Copco, Beijing Shenlu Medical Device Co Ltd., Foshan Care Medical Technology Co Ltd, GCE Group, Inogen Inc, Invacare Inc., Nidek medical Inc., NGK spark plug, Koninklijke Philips N.V. and Teijin Ltd among others.
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About Astute Analytica:
Astute Analytica is a global analytics and advisory company that has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in-depth, and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the globe.
They are able to make well-calibrated decisions and leverage highly lucrative opportunities while surmounting the fierce challenges all because we analyze for them the complex business environment, segment-wise existing and emerging possibilities, technology formations, growth estimates, and even the strategic choices available. In short, a complete package. All this is possible because we have a highly qualified, competent, and experienced team of professionals comprising business analysts, economists, consultants, and technology experts. In our list of priorities, you-our patron-come at the top. You can be sure of the best cost-effective, value-added package from us, should you decide to engage with us.
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