A laboratory gas generator is a device that continuously supplies purified gas to a device that needs to use a particular gas, such as a gas analyzer, environmental chamber, GC-MS, FTIR, ion mobility spectrometer, or clean, dry gas devices.
In 2021, the market value of laboratory gas generators was worth USD 0.39 billion, and by 2030 it will reach USD 1.32 billion, expanding at a 14.2% CAGR during the forecast period.
The main factors are the increased investment in R&D, growing security concerns related to the use of conventional gas cylinders, the increased demand for hydrogen gas as an alternative to helium, and the growing significance of analytical methods in drug and food approval procedures driving this industry’s growth.
Market Dynamics
Drivers
The rise in analytical tools, systems, and techniques for diverse research activities is driving the global market for laboratory gas generators. Key elements boosting market growth are their ease of use, technological advancements, an increase in the number of healthcare facilities and life science industries globally, and an increase in the number of contractual agreements and manufacturer acquisitions.
Laboratory gas generators are used for chromatography and mass spectrometry applications in various sectors for research, analysis, detection, and other analytical reasons. This will continue to boost the global market share over the projection period. Due to expanding use of various analytical tools & systems, the market for gas generators is also growing.
Restraints
The government of some areas is under increasing pressure to offer people improved healthcare and clinical laboratory facilities and services due to the shortage of medical personnel in those areas. This is the primary factor restraining global market growth.
Opportunity
The overall R&D efforts in the health sciences, chemical and petrochemical, and food and beverage sectors have increased significantly, emphasizing creating and providing efficient solutions. Horizon 2020, the European Commission suggested allocating USD 96 billion for research projects in the biological sciences and other sectors between 2020 and 2030.
Market Segmentation
By Type
On the basis of type, the laboratory gas generators market is segmented into purge gas generators, nitrogen gas generators, T.O.C. gas generators, hydrogen gas generators, zero air gas generators, compressed air gas generators, and others.
The Hydrogen Gas Generators segment led the entire market with a constant CAGR. Hydrogen is increasingly preferred as a less expensive alternative to helium because it provides quicker analysis, better results, and simple installation. According to the IEA, there is a need for around 88.48 metric tons of hydrogen gas, whereas industries use 51.30 metric tons and refine 37.18 metric tons.
By Application
In terms of application, the market is segmented into gas analyzers, gas chromatography, flame photometric detectors, liquid chromatography-mass spectrometry, flame ionization detectors, and others.
Due to the preference for hydrogen over helium, the Gas Chromatography segment led the market for laboratory gas generators in 2020. The removal of harmful traditional cylinders and the dependability, safety, and extended intermissions that gas chromatography gives are further benefits boosting this market’s overall growth. According to research by the American Chemical Society, the cost of helium has soared by 250% in recent years due to excessive utilization and a growing shortage in many places.
By End-User
On the basis of end-user, the market is segmented into the food & beverage industry, life science industry, chemical & petrochemical industry, and others.
In 2020, the life science industry segment held the largest industry share. The regulation pertaining to the drug discovery process and increased demand for laboratory analytical instruments drive segment market expansion. According to the official assessment of the U.K. Parliament, the U.K. possesses the world’s most robust and successful life sciences sector. The biosciences sector employs 90,000 people in the U.K. and has annual revenues of about £20.7 billion.
Regional Analysis
North America ruled the market for laboratory gas generators in 2021. It is due to the rise in R&D activities among prominent pharmaceutical companies in the area.
Asia Pacific will expand at a rapid rate during the forecast period. It is due to the presence of developing nations, government funding for research. A recovering healthcare infrastructure, and an increase in major international players in the region.
Key Players
- PeakGas
- Parker Hannifin Corporation
- Nel A.S.A.
- On-Site Gas Systems, Inc.
- Linde plc
- PCI Analytics Private Limited
- PerkinElmer Inc.
- Nitrogenium Innovations & Filtration India Pvt. Ltd.
- Angstrom Advanced Inc.
- Apex Gasgen
- F-DGSi, Airgas, Inc
- N.I. Swissgas Srl
- WIRAC Automation Ltd
- Asynt Ltd.
- VMS ENGINEERING PVT. L.T.D.
- Claimed Srl, Ecotech,
- Texol Technical Solutions Plc
- Leman Instruments
- CINEL GAS GENERATORS S.R.L.
- Valco Instruments Co. Inc.
In 2021, the market value of laboratory gas generators was worth USD 0.39 billion. And by 2030 it will reach USD 1.32 billion, expanding at a 14.2% CAGR during the forecast period. Factors boosting market growth are the increasing safety concerns around using conventional gas cylinders, the increasing significance of analytical techniques in the processes used to approve drugs and foods, and rising R&D spending in the target industries.
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