Global Laboratory Gas Generators Market: Leveraging Innovative Technologies to Enhance Efficiency » S4 Network
by on 3. March 2023
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Introduction to Laboratory Gas Generators

Laboratory gas generators are devices used to produce a continuous supply of a specific gas. They are often used in laboratory settings where a continuous supply of a specific gas is needed. These gas generators are designed to produce a certain gas using a chemical reaction, such as combustion, electrolysis, or chemical synthesis. The type of gas produced depends on the type of generator and the chemicals used. Laboratory gas generators are used in a variety of applications, including industrial and scientific research, manufacturing, and medical applications. They can be used to produce oxygen, nitrogen, hydrogen, carbon dioxide, and other gases.

Overview of the Global Laboratory Gas Generators

laboratory gas generators market is projected to reach USD 686 million by 2026 from USD 353 million in 2021, at a CAGR of 14.2% during the forecast period. The growth of the laboratory gas generators market is primarily driven by the growing importance of analytical techniques in drug and food approval processes, rising food safety concerns, increasing adoption of laboratory gas generators owing to their various advantages over conventional gas cylinders, growing demand for hydrogen gas as an alternative to helium, and the increasing R&D spending in target industries. On the other hand, reluctance shown by lab users in terms of replacing conventional gas supply methods with modern laboratory gas generators and the availability of refurbished products are the major factors expected to hamper the growth of this market.

Drivers of the Laboratory Gas Generators

The drivers of the laboratory gas generators depend on the type of generator. Generally, there are four categories of drivers: mechanical, electrical, chemical, and thermal.

Mechanical drivers are those that use physical force to drive the generator. Examples include cranks, flywheels, and turbines.

Electrical drivers use electric current to power the generator. Examples include motor-generators and fuel cells.

Chemical drivers use chemical reactions to generate and control the flow of gases. Examples include catalytic combustion and electrolysis.

Thermal drivers use heat to generate and control the flow of gases. Examples include steam turbines and internal combustion engines.

Restraints of the Laboratory Gas Generators

The restraints of laboratory gas generators largely depend on the type of gas generator being used. Some common restraints include safety hazards, cost and complexity, size and weight, noise, limited output, and maintenance requirements.

Safety hazards are a major restraint for laboratory gas generators, as they often involve working with combustible fuels, pressurised gases and toxic chemicals. For this reason, laboratory gas generators must be handled with extreme caution, and the necessary safety measures should be taken to ensure the safety of personnel.

Cost and complexity are also major restraints for laboratory gas generators, as the cost of the equipment and installation can be high. In addition, the complexity of the system can make it difficult to operate and maintain.

Size and weight are also important considerations when selecting a laboratory gas generator. Large and heavy equipment can be difficult to install and manoeuvre in laboratory settings, while smaller and lighter units may be more suitable.

Noise is another factor to consider, as laboratory gas generators can often generate a significant amount of noise. This can be disruptive in laboratory environments, so noise-reducing measures should be taken.

Limited output is a common restraint for laboratory gas generators, as most generators are only capable of producing limited amounts of gas. This can limit their usefulness in certain applications.

Finally, laboratory gas generators require regular maintenance and servicing to ensure they are functioning correctly. This can be costly and time-consuming, so it should be factored into the overall cost of the system.

Regional Analysis of the Global Laboratory Gas Generators

The laboratory gas generators market is divided into five regions, namely, North America, Europe, Asia Pacific, and Rest of the World. North America dominated the global laboratory gas generators market. The large share of the North American region is mainly attributed to the high investments in R&D in the US and Canada, which has led to a higher demand for efficient and advanced laboratory equipment.

Key Players in the Global Laboratory Gas Generators

  1. Peak Scientific Instruments Ltd: Peak Scientific Instruments Ltd is a leading provider of laboratory gas generators and related services. The company offers a wide range of solutions for the production of high purity gases including hydrogen, nitrogen, and zero air generators. Peak Scientific Instruments has a presence in over 90 countries and has a strong customer base in the pharmaceutical, biotechnology, and research sectors.
  2. Air Products and Chemicals, Inc.: Air Products and Chemicals, Inc. is a leading global supplier of industrial gases, specialty gases, and related services. The company has a wide selection of laboratory gas generators that produce high purity gases such as nitrogen, oxygen, and hydrogen. Air Products and Chemicals is well known for its reliable products and services.
  3. Praxair, Inc.: Praxair, Inc. is a leading global supplier of industrial gases and related services. The company offers a wide range of laboratory gas generators for the production of high purity gases such as nitrogen, oxygen, and hydrogen. Praxair has a strong presence in the pharmaceutical, biotechnology, and research sectors.
  4. Air Liquide: Air Liquide is a leading global supplier of industrial gases and related services. The company has a range of laboratory gas generators that produce high purity gases such as nitrogen, oxygen, and hydrogen. Air Liquide is well known for its reliable products and services.
  5. Parker Hannifin Corporation: Parker Hannifin Corporation is a leading global supplier of industrial gases and related services. The company has a range of laboratory gas generators that produce high purity gases such as nitrogen, oxygen, and hydrogen. Parker Hannifin is well known for its reliable products and services.

Future Outlook of the Laboratory Gas Generators Market

The global laboratory gas generators market is anticipated to grow substantially over the forecast period owing to the increasing demand for laboratory gas generators in the medical, research, and industrial sectors. The surging demand for laboratory gas generators in medical and research centers is expected to drive the market growth. Furthermore, the increasing use of laboratory gas generators in the industrial sector is projected to propel the growth of the market in the coming years. Moreover, the rising demand for technologically advanced laboratory gas generators is also expected to contribute to the growth of the market. Additionally, the increasing investments by major players in the development of laboratory gas generators is expected to offer lucrative opportunities for the market in the coming years.

Frequently Asked Questions (FAQ):

  • What is the projected market value of the global laboratory gas generators market?
  • What is the estimated growth rate (CAGR) of the global laboratory gas generators market for the next five years?
  • Who are the major players offering laboratory gas generators in the market?
  • Which type segment of the global laboratory gas generators market is expected to witness the highest growth?
  • Which end user segment is expected to have largest market share during the forecast period?

Content Source:

https://www.marketsandmarkets.com/Market-Reports/laboratory-gas-generator-market-133302129.html

https://www.marketsandmarketsblog.com/laboratory-gas-generators-market-global-industry-leaders-growth-strategies-adopted.html

https://www.marketsandmarkets.com/PressReleases/laboratory-gas-generator.asp

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