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Laboratory Gas Generators Market to Expand at CAGR of 11.0% during Forecast Period 2022-2031: Reveals TMR Study

03-08-2024 08:24 AM CET | Health & Medicine

Press release from: Transparency Market Research

Laboratory Gas Generators

Laboratory Gas Generators

The global ๐ฅ๐š๐›๐จ๐ซ๐š๐ญ๐จ๐ซ๐ฒ ๐ ๐š๐ฌ ๐ ๐ž๐ง๐ž๐ซ๐š๐ญ๐จ๐ซ๐ฌ ๐ฆ๐š๐ซ๐ค๐ž๐ญ, valued at US$ 449.3 Mn in 2021, is projected to grow at a CAGR of 11.0% from 2022 to 2031, reaching over US$ 1.27 Bn by 2031. Increasing demand for automation in laboratory equipment is a key driver for this growth. Laboratory gas generators offer advantages over conventional gas cylinders, leading to their increased usage.

Factors such as rising food safety concerns, demand for hydrogen gas as a helium substitute, and growth in R&D spending contribute to market expansion. Additionally, developments in life sciences, infrastructure, and healthcare facilities drive market growth. Companies are focusing on acquisitions to expand revenue streams. The shift from conventional gas cylinders to laboratory gas generators, driven by safety concerns, is expected to further boost the market in the coming years.

๐†๐ž๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐…:
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=35933&utm_source=OpenPR&utm_campaign=MansiR

A laboratory gas generator supplies purified gas continuously to equipment like gas chromatography, ion mobility spectrometers, and gas analyzers, eliminating the need for high-pressure cylinders. Most are fully automated, utilizing a spark plug, piston, and crankshaft to generate electricity. They're efficient, cost-effective, and safer than compressed gas cylinders. Trusted and easy-to-use, they serve as long-term replacements, suitable for various industries including pharmaceuticals, chemicals, food & beverages, and industrial sectors.

๐ˆ๐ง๐œ๐ซ๐ž๐š๐ฌ๐ž ๐ข๐ง ๐ƒ๐ž๐ฆ๐š๐ง๐ ๐Ÿ๐จ๐ซ ๐‹๐š๐›๐จ๐ซ๐š๐ญ๐จ๐ซ๐ฒ ๐†๐š๐ฌ ๐†๐ž๐ง๐ž๐ซ๐š๐ญ๐จ๐ซ๐ฌ ๐ข๐ง ๐Œ๐ž๐๐ข๐œ๐š๐ฅ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง๐ฌ ๐๐ซ๐จ๐ฉ๐ž๐ฅ๐ฅ๐ข๐ง๐  ๐†๐ฅ๐จ๐›๐š๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ

In the global laboratory gas generators market, companies are focusing on acquisitions to expand their operations. For instance, Messer Group GmbH formed a joint venture, Messer Industries GmbH, to acquire Linde AG's gases business in North America and certain Linde and Praxair activities in South America. This trend highlights companies' increasing adoption of acquisition and joint venture strategies to bolster their market share in laboratory gas generators.

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

Parker Hannifin Corp, Angstrom Advanced, Inc., PerkinElemer, Inc., Peak Scientific Instruments Ltd., Nel ASA, Erre Due s.p.a., Nitrogenium, F-DGSi, and Airgas, Inc.ย 

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

Product

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

Application

Gas Chromatography
Liquid Chromatography-Mass Spectrometry (LC-MS)
Gas Analyzers
Spectroscopy
Others

End-user

Chem / Petrochemical Companies
Pharmaceutical & Biotechnology Companies
Environmental Companies
Food & Beverage Companies
Others

๐†๐ž๐ญ ๐“๐ก๐ข๐ฌ ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ, ๐ˆ๐ง๐ฌ๐ญ๐š๐ง๐ญ๐ฅ๐ฒ:
https://www.transparencymarketresearch.com/checkout.php?rep_id=35933

๐€๐›๐จ๐ฎ๐ญ ๐“๐ซ๐š๐ง๐ฌ๐ฉ๐š๐ซ๐ž๐ง๐œ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก

Transparency Market Research, a globalย market research companyย registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:

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