The demand for Nitrogen Gas Generator has been showing an increase over our forecast period
The report published by Knowledge Sourcing Intelligence titled “Nitrogen Gas Generator Market - Forecasts from 2018 to 2023” studies the various factors affecting the demand for nitrogen gas generator among end-users worldwide. The market has been segmented by technology (pressure swing adoption (PSA), hollow fiber membrane), end-user industry (healthcare, automotive, chemical, packaging, electronics, manufacturing, others).
In conjunction with this, the demand for nitrogen gas generator has been estimated across all major geographies namely North America, South America, Europe, Middle East and Africa, and the Asia Pacific. To give a clearer view of this market across these geographies, the regional market has been further segmented into countries which account for a significant share in the market. Nitrogen gas generators are on-site devices which can provide an uninterrupted supply of nitrogen gas with consistent purity, and without the hassle of managing cylinders. Furthermore, the multiple applications of nitrogen gas in different end-user industries has further escalated the demand for nitrogen gas generators in the coming years.
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By technology, Hollow Fiber Membrane nitrogen gas generators will have a significant share in the market.
Hollow fiber membrane nitrogen gas generators use a membrane separator that allows the passing of some gases at different rates and can separate nitrogen from the others. There are no moving parts in these types of generators which has allowed manufacturers to produce some nitrogen gas generators with a smaller footprint and longer life span, aiding in the demand for these generators over PSA generators.
The Asia Pacific will hold a significant portion of the nitrogen gas generator market
The Asia Pacific region will contribute to a significant portion of the market owing to the industrialization in budding economies such as China and India. In addition, the region will also see many growth opportunities due to the increasing manufacturing activities in the fields of electronic equipment, like bulbs and lights, and manufacturing of materials and chemicals.
This report also includes a study of strategies and product portfolios of some of the leading companies in the nitrogen gas generator market. Major companies profiled as a part of this report are Generon (Pioneering Gas Solutions), Compressed Gas Technologies Inc., On Site Gas Systems, Atlas Copco AB, Proton Onsite, South-Tek Systems, The Linde Group, Holtec Gas Systems, NOXERIOR S.r.l. (A part of NOVAIR Group), and Parker Hannifin Corp.
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Knowledge Sourcing Intelligence (KSI) is a market research and consulting organization based out of India. KSI publishes research studies spanning across ten industry verticals. KSI has a team of experienced and young professionals with a singular focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. We publish hundreds of reports per year centering on niche and latest technologies. We engage with key decision makers and stakeholders across the value chain to provide clients with a detailed analysis and bird’s-eye view of the market with whole market dynamics, statistical forecasts, competitive analysis, key trends, market drivers and challenges and strategic recommendations for making informed decisions. Our success lies in the effort of our analysts who strive to meet client expectations by delivering quality work within the stipulated deadlines.
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