Laboratory Gas Generators Market
The market for Laboratory Gas Generators was estimated at $460 million in 2023; it is anticipated to increase to $715 million by 2030, with projections indicating growth to around $979 million by 2035.
Report Summary
Market Data
Methodology
Table of Contents
Global Laboratory Gas Generators Market Outlook
Revenue, 2023
$460M
Forecast, 2033
$863M
CAGR, 2024 - 2033
6.5%
The Laboratory Gas Generators industry revenue is expected to be around $521.7 million in 2024 and expected to showcase growth with 6.5% CAGR between 2024 and 2033. The market for Laboratory Gas Generators is on the rise due to the increasing need for gases in various laboratory fields such as pharmaceuticals and environmental testing industries as well as chemical analysis sectors. In 2023 the market was worth USD 460 million and is expected to grow at a rate of 6.5% to hit USD 715 million by 2030 and reach USD 980 million, by 2035. Laboratory gas generators offer an secure solution compared to using gas cylinders by generating gases such, as nitrogen and hydrogen directly at the facility.
Advancements in gas generation technology have made it possible to create pure gases customized for specific analytical needs to support the expanding market demand. The growing emphasis on safety in laboratories and the shift towards eco-friendly lab solutions are also driving the need, for gas generators.
Market Key Insights
- The Laboratory Gas Generators market is projected to grow from $460.0 million in 2023 to $863 million in 2033. This represents a CAGR of 6.5%, reflecting rising demand across Gas Chromatography, Liquid Chromatography-Mass Spectrometry (LC-MS) and Clinical Diagnostics.
- Peak Scientific, Parker Hannifin, Agilent Technologies are among the leading players in this market, shaping its competitive landscape.
- U.S. and Germany are the top markets within the Laboratory Gas Generators market and are expected to observe the growth CAGR of 4.2% to 6.2% between 2023 and 2030.
- Emerging markets including India, Brazil and South Korea are expected to observe highest growth with CAGR ranging between 7.5% to 9.0%.
- Transition like Shift to Compact and Digital-Integrated Gas Generators has greater influence in United States and Germany market's value chain; and is expected to add $30 million of additional value to Laboratory Gas Generators industry revenue by 2030.
- The Laboratory Gas Generators market is set to add $403 million between 2023 and 2033, with manufacturer targeting Liquid Chromatography-Mass Spectrometry & Clinical Diagnostics Application projected to gain a larger market share.
- With Increasing demand for high-purity gases, and Technological advancements in gas purity and safety, Laboratory Gas Generators market to expand 88% between 2023 and 2033.
Opportunities in the Laboratory Gas Generators
Advancements in compact gas generators that require upkeep are also expanding access, to the technology.
Growth Opportunities in North America and Asia-Pacific
In North Americas market for laboratory gas generators pharmaceutical companies benefit significantly from their use in biotech and environmental testing. Leading the pack are Peak Scientific and Parker Hannifin, with their top notch systems that comply with industry regulations.
In countries such as China and India in the Asia Pacific region the use of gas generators is increasing due to the growth of the pharmaceutical and chemical industries. Companies, from both international markets are investing in innovative solutions to meet the rising demand.
Market Dynamics and Supply Chain
01
Driver: Increasing Demand for High-Purity Gases, and Growth in Pharmaceutical and Environmental Testing
In laboratory settings where precise outcomesre crucial high quality gases play a vital role in meeting the demand, for dependable gas generators. The increasing use of gas generators in pharmaceutical and environmental laboratories is also driven by the growing demand, for equipment that complies with industry regulations.
Advancements in gas production technology guarantee the creation of more effective equipment that is also appropriate for use, in laboratories.
02
Restraint: High Initial Equipment Costs, and High Initial Equipment Costs
Investing in top notch gas generators may pose a challenge, for smaller laboratories.
Investing in top notch gas generators may pose a challenge, for smaller laboratories.
03
Opportunity: Expansion in Emerging Markets and Integration with Automation and Digital Monitoring Systems
The expansion of pharmaceutical and chemical sectors in developing countries increases the need, for laboratory gas generators.
In laboratory environments the efficiency and dependability of gas generators are improved by capabilities and automation.
04
Challenge: Maintenance and Operation Requirements
Upkeep and practical knowledge are essential but could potentially restrict ease of access.
Supply Chain Landscape
1
Gas Compressor Supplier
Atlas CopcoIngersoll Rand
2
Gas Generator Manufacturer
Peak ScientificParker Hannifin
3
Distributor
Fisher ScientificVWR
4
End User
Pharmaceutical companiesChemical research labsEnvironmental testing facilities
1
Gas Compressor Supplier
Atlas CopcoIngersoll Rand
2
Gas Generator Manufacturer
Peak ScientificParker Hannifin
3
Distributor
Fisher ScientificVWR
4
End User
Pharmaceutical companiesChemical research labsEnvironmental testing facilities
Use Cases of Laboratory Gas Generators in Chromatography & Liquid Chromatography-Mass Spectrometry (LC-MS)
Gas Chromatography : Gas generators play a role in delivering a reliable and pure gas supply needed for gas chromatography tasks to enhance accuracy and effectiveness in operations.Prominent suppliers such, as Parker Hannifin and Peak Scientific offer cutting edge gas production solutions.
Liquid Chromatography-Mass Spectrometry (LC-MS) : Nitrogen generators are frequently utilized in LC/MS applications to improve precision, in research and clinical diagnostics with Agilent Technologies and LabTech offering nitrogen gas generators tailored for LC/MS use.
Clinical Diagnostics : Hydrogen gas generators offer an secure source for a range of medical diagnostic instruments in clinical settings with PerkinElmer and Parker Hannifin being notable companies that focus on designing hydrogen generators tailored for use, in medical laboratories.
Chemical Analysis : Chemical analysis laboratories utilize zero air generators to remove hydrocarbons from the surroundings for measurements of chemicals properties and compositions. Innovative solutions, for chemical analysis laboratories are provided by Parker Balston and LNI Swissgas.
Recent Developments
In the field of laboratory gas generators nowadays there is a focus on design and digital integration to enhance energy efficiency. This aligns with the industry shift, towards sustainability and automation.
August 2024 : Peak Scientific launched a nitrogen gas generator tailored for LC–MS that requires no maintenance.
May 2024 : Parker Hannifin unveiled an updated line of hydrogen gas generators that come with improved monitoring specifically designed for clinical diagnostics.
March 2024 : PerkinElmer broadened its range of zero air generators by incorporating automated safety measures and energy efficient functions.
Impact of Industry Transitions on the Laboratory Gas Generators Market
As a core segment of the Industrial Supplies industry,
the Laboratory Gas Generators market develops in line with broader industry shifts.
Over recent years, transitions such as Shift to Compact and Digital-Integrated Gas Generators and Adoption of Low-Emission and Energy-Efficient Models have redefined priorities
across the Industrial Supplies sector,
influencing how the Laboratory Gas Generators market evolves in terms of demand, applications and competitive dynamics.
These transitions highlight the structural changes shaping long-term growth opportunities.
01
Shift to Compact and Digital-Integrated Gas Generators
Cutting edge advancements are centered on creating generators that seamlessly blend digital integration, for improved user experience.
02
Adoption of Low-Emission and Energy-Efficient Models
Sustainable laboratory practices prioritize energy efficiency. Reducing emissions to promote environmental responsibility.