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DUBLIN, April 9, 2021 /PRNewswire/ -- The "Global Laboratory Gas Generators Market by Type (Nitrogen, Hydrogen, Zero Air, Purge Gas, ToC), Application (Gas Chromatography, LC-MS), End-user (Life Science Industry, Chemical & Petrochemical Industry, Food & Beverage Industry), and Region - Forecast to 2026" report has been added to ResearchAndMarkets.com's offering. The global 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. The hydrogen gas generators segment accounted for the highest growth rate in the Laboratory gas generators market, by type, during the forecast period Based on type, the laboratory gas generators market is segmented into nitrogen gas generators, hydrogen gas generators, zero air generators, purge gas generators, TOC gas generators, and other gas generators. The hydrogen gas generators segment accounted for the highest growth rate in the Laboratory gas generators market in 2020. This can be attributed to the growing preference for hydrogen as a cost-effective alternative to helium, as it offers faster analysis and optimal results. Gas chromatography segment accounted for the highest CAGR Based on application, the laboratory gas generators market is segmented into gas chromatography (GC), liquid chromatography-mass spectrometry (LC-MS), gas analyzers, and other applications. In 2020, gas chromatography accounted for accounted for the highest growth rate. The major factors driving the growth of this is the adoption of hydrogen over helium due to the latter's high cost and scarcity in gas chromatography. Chemical and Petrochemical industry segment accounted for the highest CAGR Based on end-user, the laboratory gas generators market is segmented into the life science industry, chemical and petrochemical industry, food and beverage industry, and other end-users (environmental companies and research & academic institutes). In 2020, the chemical and petrochemical industry segment accounted for the highest growth rate. This can be attributed to the rising number of new oil & gas fields. Asia-Pacific: The fastest-growing region in the Laboratory gas generators market The Laboratory gas generators market is segmented into North America, Europe, Asia-Pacific, and Rest of the World. Asia-Pacific is projected to register the highest CAGR during the forecast period. Factors such as rising foreign direct investments by North American and European pharmaceutical and biotechnology firms in the Asia-Pacific is expected to drive market in this region. Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights4.1 Laboratory Gas Generators Market Overview4.2 Asia-Pacific: Laboratory Gas Generators Market, by Application & Country (2020)4.3 Laboratory Gas Generators: Geographic Growth Opportunities 5 Market Overview5.1 Introduction5.2 Market Dynamics5.2.1 Market Drivers5.2.1.1 Increasing R&D Spending in Target Industries5.2.1.2 Growing Importance of Analytical Techniques in Drug Approval Processes5.2.1.3 Rising Food Safety Concerns5.2.1.4 Increasing Adoption of Laboratory Gas Generators Owing to Their Various Advantages Over Conventional Gas Cylinders5.2.1.5 Growing Demand for Hydrogen Gas as an Alternative to Helium5.2.2 Market Opportunities5.2.2.1 Growing Demand for Laboratory Automation5.2.2.2 Opportunities in the Life Sciences Industry5.2.2.2.1 Cannabis Testing5.2.2.2.2 Proteomics5.2.3 Market Challenges5.2.3.1 Reluctance to Replace Conventional Gas Supply Methods with Modern Laboratory Gas Generators5.2.3.2 Availability of Refurbished Products5.3 COVID-19 Impact on the Laboratory Gas Generators Market5.4 Regulatory Landscape5.4.1 North America5.4.2 Europe5.4.3 Emerging Markets5.5 Technology Analysis5.6 Pricing Analysis5.6.1 Average Selling Price5.6.2 Cost Analysis: Conventional Gas Cylinders vs. PeakGas Laboratory Gas Generators in Australia & New Zealand5.6.3 Cost Analysis: Helium Gas Cylinders vs. PeakGas Hydrogen Gas Generators5.7 Trade Analysis5.7.1 Trade Analysis for Laboratory Gas Generators5.8 Patent Analysis5.9 Value Chain Analysis5.10 Supply Chain Analysis5.11 Ecosystem Analysis of the Laboratory Gas Generators Market5.11.1 Role in the Ecosystem5.12 Porter's Five Forces Analysis5.12.1 Degree of Competition5.12.2 Bargaining Power of Suppliers5.12.3 Bargaining Power of Buyers5.12.4 Threat of Substitutes5.12.5 Threat of New Entrants5.13 PESTLE Analysis 6 Laboratory Gas Generators Market, by Type6.1 Introduction6.2 Nitrogen Gas Generators6.2.1 Nitrogen Gas Generators Will Dominate the Market During the Forecast Period6.3 Hydrogen Gas Generators6.3.1 Hydrogen Gas Generators Segment to Witness the Highest Growth During the Forecast Period6.4 Zero Air Generators6.4.1 Zero Air Generators are Ideal for Gas Chromatography Applications6.5 Purge Gas Generators6.5.1 Purge Gas Generators are Engineered Specifically for FT-IR Spectrometers6.6 TOC Gas Generators6.6.1 Wide Adoption of TOC Gas Generators in Pharmaceutical and Environmental Industries to Drive Market Growth6.7 Other Gas Generators 7 Laboratory Gas Generators Market, by Application7.1 Introduction7.2 Liquid Chromatography-Mass Spectrometry7.2.1 Convenience, High Efficacy, and Wide Adoption of LC-MS are Supporting the Growth of this Segment7.3 Gas Chromatography7.3.1 GC is the Fastest-Growing Application Segment7.4 Gas Analyzers7.4.1 Portability of Gas Analyzers and Ability to Simultaneously Measure Multiple Gases Have Driven Their Use7.5 Other Applications 8 Laboratory Gas Generators Market, by End-user8.1 Introduction8.2 Life Science Industry8.2.1 Rising Adoption of Laboratory Analytical Instruments for Drug Research is Driving the Growth of this Segment8.3 Chemical & Petrochemical Industry8.3.1 Application of Gases in the Analysis of Petroleum Products to Drive the Growth of this End-user Segment8.4 Food & Beverage Industry8.4.1 Growing Importance of Food Safety to Drive the Market Growth8.5 Other End-users 9 Laboratory Gas Generators Market, by Region9.1 Introduction9.2 North America9.3 Europe9.4 Asia-Pacific9.5 Rest of the World 10 Competitive Landscape10.1 Overview10.2 Market Share Analysis10.3 Competitive Scenario10.3.1 Product Launches10.3.2 Deals10.3.3 Other Developments10.4 Company Evaluation Matrix10.4.1 Stars10.4.2 Emerging Leaders10.4.3 Pervasive Players10.4.4 Participants10.5 Competitive Leadership Mapping (SMEs/Start-Ups)10.5.1 Progressive Companies10.5.2 Starting Blocks10.5.3 Responsive Companies10.5.4 Dynamic Companies10.6 Company Product Footprint10.7 Company Geographic Footprint 11 Company Profiles11.1 Key Players11.1.1 Parker Hannifin Corporation11.1.2 PeakGas11.1.3 Linde plc11.1.4 Nel ASA11.1.5 PerkinElmer, Inc.11.1.6 VICI DBS11.1.7 Angstrom Advanced Inc.11.1.8 Durr Group11.1.9 ErreDue S.p.A.11.1.10 F-DGSi11.2 Other Players11.2.1 LabTech S.R.L.11.2.2 CLAIND Srl11.2.3 On Site Gas Systems, Inc.11.2.4 WIRAC Automation Ltd.11.2.5 Isolcell S.p.A11.2.6 PCI Analytics Private Limited11.2.7 INMATEC Gasetechnologie GmbH & Co. KG11.2.8 Oxymat A/S11.2.9 Nitrogenium Innovations & Filteration India Pvt. Ltd.11.2.10 Analab Scientific Instruments Private Limited11.2.11 LNI Swissgas Srl11.2.12 Asynt Ltd.11.2.13 Apex Gasgen11.2.14 Leman Instruments11.2.15 Laboratory Gas Africa 12 Appendix12.1 Insights from Industry Experts12.2 Discussion Guide12.3 Knowledge Store: The Subscription Portal12.4 Available Customizations For more information about this report visit https://www.researchandmarkets.com/r/n2ghva Media Contact: Research and Markets Laura Wood, Senior Manager [emailprotected] For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 SOURCE Research and Markets Related Links http://www.researchandmarkets.com

Answer: Global Laboratory Gas Generators Market (2021 to 2026) - Growing Demand for Laboratory Automation Presents Opportunities