This report provides exclusive insights into the COVID-19 impact on the Laboratory Gas Generators Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Laboratory Gas Generators Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Laboratory Gas Generators Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.
A recent report published by Infinium Global Research on
laboratory gas generators market provides an in-depth analysis of segments and
sub-segments in the global as well as regional laboratory gas generators
market. The study also highlights the impact of drivers, restraints, and macro
indicators on the global and regional laboratory gas generators market over the
short term as well as long term. The report is a comprehensive presentation of
trends, forecast and dollar values of global laboratory gas generators market. According
to the report, the global laboratory gas generators market is projected to grow
at a CAGR of 12.6% over the forecast period of 2019-2025.
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
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.
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.
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.
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of laboratory gas
generators market. Moreover, the study highlights current market trends and
provides forecast from 2019-2025. We also have highlighted future trends in the
market that will affect the demand during the forecast period. Moreover, the
competitive analysis given in each regional market brings an insight into the
market share of the leading players.