Laboratory Gas Generators Market Revenue, Company Profile, Key Trend Analysis & Forecast, 2022–2026

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The global 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 global laboratory gas generators market reached a value of USD 239.9 million in 2018 and is projected to reach USD 596.3 million by 2026, exhibiting a compound annual growth rate (CAGR) of 11.9%. Laboratory gas generators serve as a superior alternative to gas cylinders, offering enhanced safety, improved design and infrastructure, minimal space requirements, and eliminating the need for manual handling of bulky cylinders within the laboratory. Unlike gas cylinders, gas generators do not necessitate switching mechanisms or lengthy tubing installations through exterior walls. They are considered more suitable and reliable compared to traditional cylinders. Hydrogen gas generators, such as the Parker PEM and ChromGas hydrogen generators, employ a Proton Exchange Membrane to produce high-quality hydrogen fuel. The Nitrox UHP hydrogen generator uses an ion-exchange membrane to deliver ultra-high purity hydrogen sourced from deionized water suitable for laboratory instruments requiring this level of purity. The Parker ChromGas Zero Air Generator incorporates a 0.5 µm coalescing inlet filter for the elimination of particulates, oil, and water, a heated catalyst for hydrocarbon removal, and a 0.01 µm cellulose fiber outlet filter to eliminate residual particulate matter from the generated air stream. These generators save time by reducing the need for instrument recalibration after each cylinder replacement.

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Companies considered and profiled in this market study

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).

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The Laboratory Gas Generators market is influenced by several driving factors and restraints.

Driving factors:

  1. Increasing demand for safer and more convenient alternatives: Laboratory gas generators are increasingly preferred over traditional gas cylinders due to their enhanced safety features and convenience. The generators eliminate the need for handling and storing bulky gas cylinders, reducing the risk of accidents and injuries.
  2. Cost-effectiveness and long-term savings: Gas generators offer cost advantages over gas cylinders in the long run. While gas cylinders require frequent refilling and transportation, gas generators provide a continuous and reliable gas supply, reducing operational costs and eliminating the need for cylinder replacement.
  3. Technological advancements: Advancements in gas generator technologies have improved their efficiency, reliability, and performance. This has further driven the adoption of laboratory gas generators as they offer better control, accuracy, and stability of gas supply, meeting the specific requirements of laboratory instruments.
  4. Growing emphasis on environmental sustainability: Laboratory gas generators are considered more environmentally friendly compared to gas cylinders. Generators eliminate the need for transportation and reduce carbon emissions associated with cylinder manufacturing, transportation, and disposal.

Restraints:

  1. Initial investment cost: The initial capital investment required for purchasing and installing laboratory gas generators can be relatively high compared to the cost of gas cylinders. This initial cost may act as a barrier for smaller laboratories or those with budget constraints.
  2. Technical limitations: While laboratory gas generators have advanced significantly, certain applications may still require high-pressure gases or specific gas compositions that generators may not be able to provide. In such cases, gas cylinders or other alternative solutions may be necessary.
  3. Maintenance and servicing requirements: Gas generators require regular maintenance and servicing to ensure optimal performance and longevity. Laboratories need to allocate resources for maintenance, periodic checks, and potential repairs, adding to the overall operational costs.
  4. Market fragmentation and competition: The laboratory gas generator market is highly competitive, with numerous players offering a wide range of products. This competition can make it challenging for manufacturers to differentiate their offerings and maintain market share, while buyers may face difficulty in choosing the most suitable generator for their specific needs.

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