Enhanced safety, scalability in nitrogen generation capacity over helium, increased attention on analytical techniques in the process of Food and Drug approval, and maximum preference for laboratory analytical instruments are key factors contributing to high CAGR of Laboratory Gas Generators market during the forecast period.

The Laboratory Gas Generators Market was valued at USD 239.9 million in 2018 and is anticipated to reach USD 596.3 million in 2026 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. 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.

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Market Overview:

The World Health Organization (WHO) declared the severe acute respiratory syndrome novel coronavirus 2 (SARS-CoV-2) outbreak in Wuhan, China, as a worldwide pandemic in December 2019. SARS-CoV-2 infection is classified as a novel coronavirus disease by the WHO. COVID-19 has infected more than 150 million people worldwide, resulting in more than 3 million deaths. COVID-19 has had a big influence on the healthcare business, causing major disruptions throughout the supply chain, from raw materials to manufacture and delivery. The global demand for medical ventilators has prompted manufacturers to increase demand by up to 40% to 50%. Producers have also collaborated in order to meet rising demand. Governments and a variety of organisations, as well as other industry personnel, are all working hard to address the global problem. Leading personnel are active in research and development operations, strategic alliances and collaborations, and creative product releases in order to meet consumer demands for pharmaceuticals, vaccines, diagnostics, and medical equipment such as ventilators. Without a doubt, this is the first time in contemporary history that the diagnostics industry has been given such prominence. Participants in the healthcare business have abruptly shifted from under the carpet to above the carpet's demand. The world has acknowledged the necessity for early warning systems in the healthcare sector, currently for COVID-19, but this pattern will continue in the future for other sorts of diagnostics.

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Key Players covered in this report are

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).

Based on Product Type market is segmented into:

Product Outlook (Revenue in Million USD; 2016–2026)

• Nitrogen Gas Generators
• Hydrogen Gas Generators
• Zero Air Generators
• Purge Gas Generators
• Others

Application Outlook (Revenue in Million USD; 2016–2026)

• 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; 2016–2026)

• Pharmaceutical and Biotechnology Companies
• Chemical and Petrochemical Companies
• Food and Beverage Companies
• Other End use (Environmental Companies, Research and Academic Institutions)

Based on Region market is segmented into:

• North America
• Europe
• Asia-Pacific
• South America
• Middle East Africa

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%. 

We can also provide the customized data for separate regions like North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central South America, Brazil, Argentina, Rest of South America, Middle East Africa, Saudi Arabia, Turkey, Rest of Middle East Africa

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