The Infinium Global Research analyzes the Laboratory Gas Generators Market over the period of 2019 to 2025. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global laboratory gas generators market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of laboratory gas generators. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the laboratory gas generators market during the period. The global laboratory gas generators market is projected to grow at a CAGR of 12.6% over the forecast period of 2019-2025.
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Laboratory gas generators provide easy to use on-demand gas solution. It is a cost-effective alternative for pressurized gas cylinders. Laboratory gas generators are better than conventional gas cylinders in terms of safety. Companies operating in global laboratory gas generators market are adopting strategies such as mergers, acquisitions, and new product launches that maximize the market share. The leading players are focusing on research and innovations.
Increasing Demand for Hydrogen Gas as an Alternative to Helium Drives the Growth of Laboratory Gas Generators Market
The increasing demand for hydrogen gas as an alternative to helium drives the growth of laboratory gas generators market. The growing adoption of analytical techniques in the drug and food approval process contributes to the growth of the laboratory gas generators market. The rising research and development spending stimulates the growth of laboratory gas generators market. The surge in safety concerns with the use of conventional gas cylinders fuels the growth of laboratory gas generators market. The growth of laboratory automation and several opportunities in the life science industry promotes the growth of laboratory gas generators market. On the other hand, resistance to replacing conventional gas supply methods with laboratory gas generators restraints the growth of laboratory gas generators market. Moreover, research promotes innovations and creates numerous opportunities for the growth of the laboratory gas generators market.
North America is Expected to Have a Dominant Share in the Global Laboratory Gas Generators Market
Based on geography, the global laboratory gas generators market is classified into North America, Asia-Pacific, Europe, and the Rest of the World. North America is expected to have a dominant share in the global laboratory gas generators market. The rising research and development expenditure in North America drives the growth of laboratory gas generators market in North America. Europe is expected to be growing with a significant CAGR in the global laboratory gas generators market. Asia-Pacific is anticipated to grow in the global laboratory gas generators market with a healthy CAGR over the forecast period. The rising outsourcing of clinical trials to the Asia-Pacific region stimulates the growth of the laboratory gas generators market.
The report on global laboratory gas generators market covers segments such as type, application, and end-user. On the basis of type, the sub-markets include nitrogen, hydrogen, zero air, and other gas generators. On the basis of application, the sub-markets include gas chromatography, liquid chromatography-mass spectrometry, gas analyzers, and other applications. On the basis of end-user, the sub-markets include pharmaceutical & biotechnology companies, chemical & petrochemical companies, and other end-users.
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The report provides profiles of the companies in the market such as Peak Scientific Instruments Ltd., Parker Hannifin Corporation, Praxair Technology, Inc., NEL ASA, LNI Swissgas Srl, LabTech S.R.L., Angstrom Advanced, Inc., PerkinElmer, Inc., Airgas, Inc., Claind S.r.l, and Other Companies.
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=> Comprehensive analysis of global as well as regional markets of the laboratory gas generators.
=> Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
=> Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.