Nitrogen Generators Market by Type and End User: Global Opportunity Analysis and Industry Forecast, 2021-2030

The global nitrogen generator market size was valued at $ 11,234.6 million in 2020, and is projected to reach $17,762.3 million by 2030, registering a CAGR of 4.4% from 2020 to 2030. Nitrogen generator is stationary or mobile system that converts air to nitrogen. Nitrogen generators use compressed air to separate nitrogen molecules from oxygen molecules. Nitrogen compressors consume less energy while operating and help in curbing CO2 footprint.

Nitrogen generators can supply nitrogen of varying purity levels from 90% to 99.999%, depending on type of generator and end user requirement. On site nitrogen generators offer higher profitability and reliability as compared to nitrogen cylinders. Nitrogen generators are also capable of generating oxygen based on end user pressure requirement.

The development of food & beverage, chemical, and oil & gas industries fuels the demand for nitrogen generators, as nitrogen in extensively used in various processes. In addition, rapid growth of pharmaceutical industry drives the growth of the market. However, decrease in durability and performance of nitrogen generators overtime constraints the growth of the market. Furthermore, supportive government initiatives and various free trade agreement across the globe are anticipated to boost the manufacturing industry in developing counties and boost the use of nitrogen generators in the coming years.

The nitrogen generators market is segmented on the basis of type, end user, and region. On the basis of type, the market is classified into PSA nitrogen generator, membrane nitrogen generator, and cryogenic nitrogen generator. On the basis of end user, it is categorized into food & beverage, transportation, medical & pharmaceuticals, electrical & electronics, chemicals, and others. On the basis of region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The major players operating in the global market have adopted key strategies such as product launch to strengthen their market outreach and sustain the stiff competition in the market

COMPETITION ANALYSIS

The major market participants profiled in this report include Air Liquide, Air Products and Chemicals, Inc., Atlas Copco AB, Hitachi Industrial Equipment Systems Co., Ltd., Linde, NOVAIR S.A.S, On Site Gas Systems, Inc., Oxymat A/S, Parker-Hannifin Corporation, and Peak Gas Generation.

KEY BENEFITS FOR STAKEHOLDERS

The report provides an extensive analysis of the current and emerging nitrogen generators market trends and dynamics
In-depth market analysis is conducted by constructing market estimations for the key market segments between 2020 and 2030
Extensive analysis of the nitrogen generators market is conducted by following key product positioning and monitoring of the top competitors within the market framework
A comprehensive analysis of all regions is provided to determine the prevailing opportunities
The global nitrogen generators market forecast analysis from 2021 to 2030 is included in the report
The key market players within nitrogen generators market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the Nitrogen generators industry

KEY SEGMENTS

By Type

PSA Nitrogen Generator
Membrane Nitrogen Generator
Cryogenic Nitrogen Generator

By End User

Food & Beverage,
Transportation,
Medical & Pharmaceuticals,
Electrical & Electronics,
Chemicals
Others

By Region

North America
US
Canada
Mexico
Europe
UK
Germany
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa

KEY PLAYERS

Air Liquide
Air Products and Chemicals, Inc
Atlas Copco AB
Hitachi Industrial Equipment Systems Co, Ltd
Linde
NOVAIR SAS
On Site Gas Systems, Inc
Oxymat A/S
Parker-Hannifin Corporation
Peak Gas Generation

Frequently Asked Questions about the Global Nitrogen Generator Market

What is the estimated value of the Global Nitrogen Generator Market?

The Global Nitrogen Generator Market was estimated to be valued at $11234.6 million in 2020.

What is the growth rate of the Global Nitrogen Generator Market?

The growth rate of the Global Nitrogen Generator Market is 4.7%, with an estimated value of $17762.3 million by 2030.

What is the forecasted size of the Global Nitrogen Generator Market?

The Global Nitrogen Generator Market is estimated to be worth $17762.3 million by 2030.

Who are the key companies in the Global Nitrogen Generator Market?

Key companies in the Global Nitrogen Generator Market include Air Liquide, Air Products and Chemicals, Inc., Atlas Copco AB, Hitachi Industrial Equipment Systems Co., Ltd., Linde, NOVAIR S.A.S, On Site Gas Systems, Inc., Oxymat A/S and Hannifin Corporation.

Report Attribute	Details
No. of Pages	235
Published	February 2022
Forecast Period	2020 - 2030
Estimated Market Value ( USD ) in 2020	$ 11234.6 million
Forecasted Market Value ( USD ) by 2030	$ 17762.3 million
Compound Annual Growth Rate	4.7%
Regions Covered	Global
No. of Companies Mentioned	10

Chapter 1: Introduction

1.1. Report Description
1.2. Key Benefits for Stakeholders
1.3. Key Market Segments
1.4. Key Market Players
1.5. Research Methodology
1.5.1. Secondary Research
1.5.2. Primary Research
1.5.3. Analyst Tools & Models

Chapter 2: Executive Summary

2.1. Key Findings of the Study
2.2. Cxo Perspective

Chapter 3: Market Overview

3.1. Market Definition and Scope
3.2. Key Findings
3.2.1. Top Investment Pockets
3.2.2. Top Winning Strategies
3.2.2.1. Top Winning Strategies, by Year
3.2.2.2. Top Winning Strategies, by Development
3.2.2.3. Top Winning Strategies, by Company
3.3. Porter's Five Forces Analysis
3.4. Market Share Analysis, 2018
3.5. Market Dynamics
3.5.1. Drivers
3.5.1.1. Cost Savings and Sustainability Offered by Nitrogen
3.5.1.2. Development of the Manufacturing Sector
3.5.1.3. Increase in Employee Safety3.5.2. Restraint
3.5.2.1. Threat of Substitutes
3.5.3. Opportunity
3.5.3.1. Technological Advancements

Chapter 4: Nitrogen Generators Market, by Generator Type

4.1. Market Overview
4.1.1. Market Size and Forecast, by Generator Type
4.2. Pressure Swing Adsorption (Psa) Nitrogen Generator
4.2.1. Key Market Trends, Growth Factors, and Opportunities
4.2.2. Market Size and Forecast, by Region
4.2.3. Market Analysis, by Country
4.3. Membrane Nitrogen Generator
4.3.1. Key Market Trends, Growth Factors, and Opportunities
4.3.2. Market Size and Forecast, by Region
4.3.3. Market Analysis, by Country
4.4. Cryogenic Nitrogen Generator
4.4.1. Key Market Trends, Growth Factors, and Opportunities
4.4.2. Market Size and Forecast, by Region
4.4.3. Market Analysis, by Country

Chapter 5: Nitrogen Generators Market, by End-User Industry

5.1. Market Overview
5.1.1. Market Size and Forecast, by End-User Industry
5.2. Food & Beverage
5.2.1. Key Market Trends, Growth Factors, and Opportunities
5.2.2. Market Size and Forecast, by Region
5.2.3. Market Analysis, by Country
5.3. Transportation
5.3.1. Key Market Trends, Growth Factors, and Opportunities
5.3.2. Market Size and Forecast, by Region
5.3.3. Market Analysis, by Country
5.4. Chemical
5.4.1. Key Market Trends, Growth Factors, and Opportunities
5.4.2. Market Size and Forecast, by Region
5.4.3. Market Analysis, by Country
5.5. Electrical & Electronics
5.5.1. Key Market Trends, Growth Factors, and Opportunities
5.5.2. Market Size and Forecast, by Region
5.5.3. Market Analysis, by Country
5.6. Medical & Pharmaceuticals
5.6.1. Key Market Trends, Growth Factors, and Opportunities
5.6.2. Market Size and Forecast, by Region
5.6.3. Market Analysis, by Country
5.7. Others
5.7.1. Key Market Trends, Growth Factors, and Opportunities
5.7.2. Market Size and Forecast, by Region
5.7.3. Market Analysis, by Country

Chapter 6: Nitrogen Generators Market, by Region

6.1. Market Overview
6.1.1. Market Size and Forecast, by Region
6.2. North America
6.2.1. Key Market Trends, Growth Factors, and Opportunities
6.2.2. Market Size and Forecast, by Generator Type
6.2.3. Market Size and Forecast, by End-User Industry
6.2.4. Market Size and Forecast, by Country
6.2.4.1. U. S.
6.2.4.1.1. U. S. Market Size and Forecast, by Generator Type
6.2.4.1.2. U. S. Market Size and Forecast, by End-User Industry
6.2.4.2. Canada
6.2.4.2.1. Canada Market Size and Forecast, by Generator Type
6.2.4.2.2. Canada Market Size and Forecast, by End-User Industry
6.2.4.3. Mexico
6.2.4.3.1. Mexico Market Size and Forecast, by Generator Type
6.2.4.3.2. Mexico Market Size and Forecast, by End-User Industry
6.3. Europe
6.3.1. Key Market Trends, Growth Factors, and Opportunities
6.3.2. Market Size and Forecast, by Generator Type
6.3.3. Market Size and Forecast, by End-User Industry
6.3.4. Market Size and Forecast, by Country
6.3.4.1. Germany
6.3.4.1.1. Germany Market Size and Forecast, by Generator Type
6.3.4.1.2. Germany Market Size and Forecast, by End-User Industry
6.3.4.2. France
6.3.4.2.1. France Market Size and Forecast, by Generator Type
6.3.4.2.2. France Market Size and Forecast, by End-User Industry
6.3.4.3. Uk
6.3.4.3.1. Uk Market Size and Forecast, by Generator Type
6.3.4.3.2. Uk Market Size and Forecast, by End-User Industry
6.3.4.4. Italy
6.3.4.4.1. Italy Market Size and Forecast, by Generator Type
6.3.4.4.2. Italy Market Size and Forecast, by End-User Industry
6.3.4.5. Rest of Europe
6.3.4.5.1. Rest of Europe Market Size and Forecast, by Generator Type
6.3.4.5.2. Rest of Europe Market Size and Forecast, by End-User Industry
6.4. Asia-Pacific
6.4.1. Key Market Trends, Growth Factors, and Opportunities
6.4.2. Market Size and Forecast, by Generator Type
6.4.3. Market Size and Forecast, by End-User Industry
6.4.4. Market Size and Forecast, by Country
6.4.4.1. Japan
6.4.4.1.1. Japan Market Size and Forecast, by Generator Type
6.4.4.1.2. Japan Market Size and Forecast, by End-User Industry
6.4.4.2. China
6.4.4.2.1. China Market Size and Forecast, by Generator Type
6.4.4.2.2. China Market Size and Forecast, by End-User Industry
6.4.4.3. India
6.4.4.3.1. India Market Size and Forecast, by Generator Type
6.4.4.3.2. India Market Size and Forecast, by End-User Industry
6.4.4.4. South Korea
6.4.4.4.1. South Korea Market Size and Forecast, by Generator Type
6.4.4.4.2. South Korea Market Size and Forecast, by End-User Industry
6.4.4.5. Rest of Asia-Pacific
6.4.4.5.1. Rest of Asia-Pacific Market Size and Forecast, by Generator Type
6.4.4.5.2. Rest of Asia-Pacific Market Size and Forecast, by End-User Industry
6.5. Lamea
6.5.1. Key Market Trends, Growth Factors, and Opportunities
6.5.2. Market Size and Forecast, by Generator Type
6.5.3. Market Size and Forecast, by End-User Industry
6.5.4. Market Size and Forecast, by Country
6.5.4.1. Latin America
6.5.4.1.1. Latin America Market Size and Forecast, by Generator Type
6.5.4.1.2. Latin America Market Size and Forecast, by End-User Industry
6.5.4.2. Middle East
6.5.4.2.1. Middle East Market Size and Forecast, by Generator Type
6.5.4.2.2. Middle East Market Size and Forecast, by End-User Industry
6.5.4.3. Africa
6.5.4.3.1. Africa Market Size and Forecast, by Generator Type
6.5.4.3.2. Africa Market Size and Forecast, by End-User Industry

Chapter 7: Company Profiles

7.1. Air Products and Chemicals, Inc.
7.1.1. Company Overview
7.1.2. Key Executives
7.1.3. Company Snapshot
7.1.4. Operating Business Segments
7.1.5. Product Portfolio
7.1.1. R&D Expenditure
7.1.2. Business Performance
7.1.3. Key Strategic Moves and Developments
7.2. Atlas Copco Ab
7.2.1. Company Overview
7.2.2. Key Executives
7.2.3. Company Snapshot
7.2.4. Operating Business Segments
7.2.5. Product Portfolio
7.2.6. R&D Expenditure
7.2.7. Business Performance
7.2.8. Key Strategic Moves and Developments
7.3. Hitachi Ltd. (Hitachi Industrial Equipment Systems Co. Ltd.)
7.3.1. Company Overview
7.3.2. Company Snapshot
7.3.3. Operating Business Segments
7.3.4. Product Portfolio
7.3.5. R&D Expenditure
7.3.6. Business Performance
7.4. L’Air Liquide S. A.
7.4.1. Company Overview
7.4.2. Key Executives
7.4.3. Company Snapshot
7.4.4. Operating Business Segments
7.4.5. Product Portfolio
7.4.6. Business Performance
7.4.7. Key Strategic Moves and Developments
7.5. Linde plc.
7.5.1. Company Overview
7.5.2. Key Executives
7.5.3. Company Snapshot
7.5.4. Business Divisions
7.5.5. Product Portfolio
7.5.6. R&D Expenditure
7.5.7. Business Performance
7.5.8. Key Strategic Moves and Developments
7.6. Novair S. A. S (Noxerior S. R. L.)
7.6.1. Company Overview
7.6.2. Key Executives
7.6.3. Company Snapshot
7.6.4. Operating Business Segments
7.6.5. Product Portfolio
7.7. On Site Gas Systems, Inc.
7.7.1. Company Overview
7.7.2. Key Executives
7.7.3. Company Snapshot
7.7.4. Product Categories
7.8. Oxymat A/S
7.8.1. Company Overview
7.8.2. Key Executives
7.8.3. Company Snapshot
7.8.4. Product Portfolio
7.8.5. Key Strategic Moves and Developments
7.9. Parker-Hannifin Corporation
7.9.1. Company Overview
7.9.2. Key Executives
7.9.3. Company Snapshot
7.9.4. Operating Business Segments
7.9.5. Product Portfolio
7.9.6. R&D Expenditure
7.9.7. Business Performance
7.9.8. Key Strategic Moves and Developments
7.10. Peak Gas Generation
7.10.1. Company Overview
7.10.2. Key Executives
7.10.3. Company Snapshot
7.10.4. Operating Business Segments
7.10.5. Product Portfolio
7.10.6. Key Strategic Moves and Developments

List of Tables

Table 01. Nitrogen Generators Market Revenue, by Generator Type, 2020–2030 ($Million)
Table 02. Psa Nitrogen Generator Market Revenue, by Region, 2020–2030 ($Million)
Table 03. Membrane Nitrogen Generator Market Revenue, by Region, 2020–2030 ($Million)
Table 04. Nitrogen Generators Market Revenue for Cryogenic Nitrogen Generator, by Region, 2020–2030 ($Million)
Table 05. Nitrogen Generators Market Revenue, by End-User Industry, 2020–2030 ($Million)
Table 06. Nitrogen Generators Market Revenue for Food & Beverage, by Region, 2020–2030 ($Million)
Table 07. Nitrogen Generators Market Revenue for Transportation, by Region, 2020–2030 ($Million)
Table 08. Nitrogen Generators Market Revenue for Chemical, by Region, 2020–2030 ($Million)
Table 09. Nitrogen Generators Market Revenue for Electrical & Electronics, by Region, 2020–2030 ($Million)
Table 10. Nitrogen Generators Market Revenue for Medical & Pharmaceuticals, by Region, 2020–2030 ($Million)
Table 11. Nitrogen Generators Market Revenue for Others, by Region, 2020–2030 ($Million)
Table 12. Nitrogen Generators Market Revenue, by Region, 2020–2030 ($Million)
Table 13. North America Nitrogen Generators Market Revenue, by Generator Type, 2020–2030 ($Million)
Table 14. North America Nitrogen Generators Market Revenue, by End-User Industry, 2020–2030 ($Million)
Table 15. North America Nitrogen Generators Market, by Country, 2020–2030 ($Million)
Table 16. U.S Nitrogen Generators Market Revenue, by Generator Type, 2020–2030 ($Million)
Table 17. U.S Nitrogen Generators Market Revenue, by End-User Industry, 2020–2030 ($Million)
Table 18. Canada Nitrogen Generators Market Revenue, by Generator Type, 2020–2030 ($Million)
Table 19. Canada Nitrogen Generators Market Revenue, by End-User Industry, 2020–2030 ($Million)
Table 20. Mexico Nitrogen Generators Market Revenue, by Generator Type, 2020–2030 ($Million)
Table 21. Mexico Nitrogen Generators Market Revenue, by End-User Industry, 2020–2030 ($Million)
Table 22. Europe Nitrogen Generators Market Revenue, by Generator Type, 2020–2030 ($Million)
Table 23. Europe Nitrogen Generators Market Revenue, by End-User Industry, 2020–2030 ($Million)
Table 24. Europe Nitrogen Generators Market, by Country, 2020–2030 ($Million)
Table 25. Germany Nitrogen Generators Market Revenue, by Generator Type, 2020–2030 ($Million)
Table 26. Germany Nitrogen Generators Market Revenue, by End-User Industry, 2020–2030 ($Million)
Table 27. France Nitrogen Generators Market Revenue, by Generator Type, 2020–2030 ($Million)
Table 28. France Nitrogen Generators Market Revenue, by End-User Industry, 2020–2030 ($Million)
Table 29. Uk Nitrogen Generators Market Revenue, by Generator Type, 2020–2030 ($Million)
Table 30. Uk Nitrogen Generators Market Revenue, by End-User Industry, 2020–2030 ($Million)
Table 31. Italy Nitrogen Generators Market Revenue, by Generator Type, 2020–2030 ($Million)
Table 32. Italy Nitrogen Generators Market Revenue, by End-User Industry, 2020–2030 ($Million)
Table 33. Rest of Europe Nitrogen Generators Market Revenue, by Generator Type, 2020–2030 ($Million)
Table 34. Rest of Europe Nitrogen Generators Market Revenue, by End-User Industry, 2020–2030 ($Million)
Table 35. Asia-Pacific Nitrogen Generators Market Revenue, by Generator Type, 2020–2030 ($Million)
Table 36. Asia-Pacific Nitrogen Generators Market Revenue, by End-User Industry, 2020–2030 ($Million)
Table 37. Asia-Pacific Nitrogen Generators Market, by Country, 2020–2030 ($Million)
Table 38. Japan Nitrogen Generators Market Revenue, by Generator Type, 2020–2030 ($Million)
Table 39. Japan Nitrogen Generators Market Revenue, by End-User Industry, 2020–2030 ($Million)
Table 40. China Nitrogen Generators Market Revenue, by Generator Type, 2020–2030 ($Million)
Table 41. China Nitrogen Generators Market Revenue, by End-User Industry, 2020–2030 ($Million)
Table 42. India Nitrogen Generators Market Revenue, by Generator Type, 2020–2030 ($Million)
Table 43. India Nitrogen Generators Market Revenue, by End-User Industry, 2020–2030 ($Million)
Table 44. South Korea Nitrogen Generators Market Revenue, by Generator Type, 2020–2030 ($Million)
Table 45. South Korea Nitrogen Generators Market Revenue, by End-User Industry, 2020–2030 ($Million)
Table 46. Rest of Asia-Pacific Nitrogen Generators Market Revenue, by Generator Type, 2020–2030 ($Million)
Table 47. Rest of Asia-Pacific Nitrogen Generators Market Revenue, by End-User Industry, 2020–2030 ($Million)
Table 48. Lamea Nitrogen Generators Market Revenue, by Generator Type, 2020–2030 ($Million)
Table 49. Lamea Nitrogen Generators Market Revenue, by End-User Industry, 2020–2030 ($Million)
Table 50. Lamea Nitrogen Generators Market, by Country, 2020–2030 ($Million)
Table 51. Latin America Nitrogen Generators Market Revenue, by Generator Type, 2020–2030 ($Million)
Table 52. Latin America Nitrogen Generators Market Revenue, by End-User Industry, 2020–2030 ($Million)
Table 53. Middle East Nitrogen Generators Market Revenue, by Generator Type, 2020–2030 ($Million)
Table 54. Middle East Nitrogen Generators Market Revenue, by End-User Industry, 2020–2030 ($Million)
Table 55. Africa Nitrogen Generators Market Revenue, by Generator Type, 2020–2030 ($Million)
Table 56. Africa Nitrogen Generators Market Revenue, by End-User Industry, 2020–2030 ($Million)
Table 57. Air Products: Key Executives
Table 58. Air Products: Company Snapshot
Table 59. Air Products: Operating Segments
Table 60. Air Products: Product Portfolio
Table 61. Atlas Copco: Key Executives
Table 62. Atlas Copco: Company Snapshot
Table 63. Atlas Copco: Operating Segments
Table 64. Atlas Copco: Product Portfolio
Table 65. Hitachi: Key Executives
Table 66. Hitachi: Company Snapshot
Table 67. Hitachi: Operating Segments
Table 68. Hitachi Industrial Equipment Systems: Product Portfolio
Table 69. Air Liquide: Key Executives
Table 70. Air Liquide: Company Snapshot
Table 71. Air Liquide: Operating Segments
Table 72. Air Liquide: Product Portfolio
Table 73. Linde: Key Executives
Table 74. Linde: Company Snapshot
Table 75. Linde: Business Divisions
Table 76. Linde: Product Portfolio
Table 77. Novair: Key Executives
Table 78. Novair: Company Snapshot
Table 79. Novair: Operating Segments
Table 80. Novair: Product Portfolio
Table 81. On Site Gas Systems: Key Executives
Table 82. On Site Gas Systems: Company Snapshot
Table 83. On Site Gas Systems: Product Category
Table 84. Oxymat: Key Executives
Table 85. Oxymat: Company Snapshot
Table 86. Oxymat: Product Portfolio
Table 87. Parker: Key Executives
Table 88. Parker: Company Snapshot
Table 89. Parker: Product Portfolio
Table 90. Parker: Product Portfolio
Table 91. Peak Gas Generation: Key Executives
Table 92. Peak Gas Generation: Company Snapshot
Table 93. Peak Gas Generation: Operating Segments
Table 94. Peak Gas Generation: Product Portfolio

List of Figures

Figure 01. Key Market Segments
Figure 02. Key Market Players
Figure 03. Global Nitrogen Generators Market, 2020–2030
Figure 04. Nitrogen Generators Market, by Country, 2020–2030
Figure 05. Top Investment Pockets
Figure 06. Top Winning Strategies, by Year, 2018–2020
Figure 07. Top Winning Strategies, by Development, 2018–2020 (%)
Figure 08. Top Winning Strategies, by Company, 2018–2020
Figure 09. Low-To-Moderate Bargaining Power of Suppliers
Figure 10. Low-To-Moderate Bargaining Power of Buyers
Figure 11. Moderate-To-High Threat of Substitutes
Figure 12. Low-To-Moderate of New Entrants
Figure 13. Moderate-To-High Competitive Rivalry
Figure 14. Market Share Analysis
Figure 15. Global Nitrogen Generators Market: Drivers and Restraints
Figure 16. Nitrogen Generators Market, by Generator Type, 2020–2030
Figure 17. Comparative Share Analysis of Psa Nitrogen Generator Market, by Country, 2020 & 2030 (%)
Figure 18. Comparative Share Analysis of Membrane Nitrogen Generators Marke, by Country, 2020 & 2030 (%)
Figure 19. Comparative Share Analysis of Nitrogen Generators Market for Cryogenic Nitrogen Generator, by Country, 2020 & 2030 (%)
Figure 20. Nitrogen Generators Market, by End-User Industry, 2018-2026
Figure 21. Comparative Share Analysis of Nitrogen Generators Market for Food & Beverage, by Country, 2020 & 2030 (%)
Figure 22. Comparative Share Analysis of Nitrogen Generators Market for Transportation, by Country, 2020 & 2030 (%)
Figure 23. Comparative Share Analysis of Nitrogen Generators Market for Chemical, by Country, 2020 & 2030 (%)
Figure 24. Comparative Share Analysis of Nitrogen Generators Market for Electrical & Electronics, by Country, 2020 & 2030 (%)
Figure 25. Comparative Share Analysis of Nitrogen Generators Market for Medical & Pharmaceuticals, by Country, 2020 & 2030 (%)
Figure 26. Comparative Share Analysis of Nitrogen Generators Market for Others, by Country, 2020 & 2030 (%)
Figure 27. Nitrogen Generators Market, by Region, 2020–2030
Figure 28. U. S. Nitrogen Generators Market Revenue, 2020–2030 ($ Million)
Figure 29. Canada Nitrogen Generators Market Revenue, 2020–2030 ($ Million)
Figure 02. Germany Nitrogen Generators Market Revenue, 2020–2030 ($ Million)
Figure 03. France Nitrogen Generators Market Revenue, 2020–2030 ($ Million)
Figure 04. Uk Nitrogen Generators Market Revenue, 2020–2030 ($ Million)
Figure 05. Italy Nitrogen Generators Market Revenue, 2020–2030 ($ Million)
Figure 07. Japan Nitrogen Generators Market Revenue, 2020–2030 ($ Million)
Figure 08. China Nitrogen Generators Market Revenue, 2020–2030 ($ Million)
Figure 09. India Nitrogen Generators Market Revenue, 2020–2030 ($ Million)
Figure 10. South Korea Nitrogen Generators Market Revenue, 2020–2030 ($ Million)
Figure 12. Latin America Nitrogen Generators Market Revenue, 2020–2030 ($ Million)
Figure 13. Middle East Nitrogen Generators Market Revenue, 2020–2030 ($ Million)
Figure 14. Africa Nitrogen Generators Market Revenue, 2020–2030 ($ Million)
Figure 15. Air Products: R&D Expenditure, 2018–2020 ($ Million)
Figure 16. Air Products: Net Sales, 2018–2020 ($ Million)
Figure 17. Air Products: Revenue Share by Segment, 2018 (%)
Figure 18. Atlas Copco: R&D Expenditure, 2018–2020 ($ Million)
Figure 19. Atlas Copco: Net Sales, 2018–2020 ($ Million)
Figure 20. Atlas Copco: Revenue Share by Segments, 2018 (%)
Figure 21. Atlas Copco: Revenue Share by Region, 2018 (%)
Figure 22. Hitachi: R&D Expenditure, 2018–2020 ($ Million)
Figure 23. Hitachi: Net Sales, 2018–2020 ($ Million)
Figure 24. Hitachi: Revenue Share by Segment, 2018 (%)
Figure 25. Hitachi: Revenue Share by Region, 2018 (%)
Figure 26. Air Liquide: Net Sales, 2018–2020 ($ Million)
Figure 27. Air Liquide: Revenue Share by Segment, 2018 (%)
Figure 28. Air Liquide: Revenue Share by Region, 2018 (%)
Figure 29. Linde: R&D Expenditure, 2018–2020 ($ Million)
Figure 30. Linde: Net Sales, 2018–2020 ($ Million)
Figure 31. Linde: Revenue Share by Segment, 2018 (%)
Figure 32. Linde: Revenue Share by Distribution Method, 2018 (%)
Figure 33. Linde: Revenue Share by End Markets, 2018 (%)
Figure 34. Parker: R&D Expenditure, 2018–2020 ($ Million)
Figure 35. Parker: Net Sales, 2018–2020 ($ Million)
Figure 36. Parker: Revenue Share by Segment, 2020 (%)
Figure 37. Parker: Revenue Share by Region, 2020 (%)

Executive Summary

According to a new report titled, “Nitrogen Generators Market by Type, and End User: Global Opportunity Analysis and Industry Forecast, 2021–2030,”

The global nitrogen generators market size was valued at $ 11.2 billion in 2020, and is projected to reach $17.8 billion by 2030, registering a CAGR of 4.4% from 2020 to 2030.

On the basis of type the market is segmented into PSA nitrogen generator, membrane nitrogen generator, and cryogenic nitrogen generator. Among these, the PSA nitrogen generator segment accounted for the highest market share in 2020 and membrane nitrogen generator market growth during the forecast period, owing to increase in demand in demand from manufacturing and pharmaceutical sector. The market is analyzed with respect to different applications in industrial verticals such as food & beverage, transportation, medical & pharmaceuticals, electrical & electronics, chemicals, and others. The market is mainly driven by growth of global manufacturing industry and increase in investment in food & beverage, pharmaceutical and chemical processing industry. However, requirement of frequent maintenance of nitrogen generators has the potential to limit growth of the market.

In 2020, North America dominated the global market, in terms of revenue, followed by Asia-Pacific and Europe. Moreover, the market in Asia Pacific region is growing with high CAGR of 5.1%, owing to growth of manufacturing industry and economic development in developing countries.

The increase in demand for pharmaceutical products fueled by rise in global population has significantly increased the use of nitrogen in pharmaceutical industry as it reduces the presence of oxygen that may negatively affect product quality. Nitrogen is also used in food processing and packaging industry. Thus, growth of pharmaceutical and food & beverage industry positively influences the growth of nitrogen generators market. In addition, various government initiative and free trade agreements across the globe have increased manufacturing activities, thereby boosting the demand for nitrogen generators.

Furthermore, on the basis of end users, the chemicals is anticipated to grow rapidly during the forecast period, owing to growth of pharmaceutical industry and increase in demand for chemical processing.

For instance, according to India Brand Equity Foundation, the value of Indian drug and pharma exports reached $ 5.78 billion between April 2021 and June 2021, and Indian pharmaceutical industry received FDI of $130 million during the same period. In November 2020, 15 countries from the Asia-Pacific signed the Regional Comprehensive Economic Partnership (RCEP), which is a free trade agreement that is anticipated to boost various manufacturing industries including food & beverage in the region.

However, during the pandemic lockdown, various manufacturers in the market had to stop their business in countries such as China, the U.S., and India. This break directly impacted sales of nitrogen generator manufacturing companies. In addition, lack of manpower and raw materials constricted supply nitrogen generator components, and has negatively influenced the growth of the market. However, reopening of production facilities and introduction of vaccines for coronavirus disease are anticipated to lead to re-opening of nitrogen generator companies.

The key players profiled in the nitrogen generators market report include Air Liquide, Air Products and Chemicals, Inc., Atlas Copco AB, Hitachi Industrial Equipment Systems Co., Ltd., Linde, NOVAIR S.A.S, On Site Gas Systems, Inc., Oxymat A/S, Parker-Hannifin Corporation, and Peak Gas Generation.

Key Findings Of The Study

The report provides an extensive analysis of the current and emerging nitrogen generators market trends and dynamics
On the basis of type, the PSA nitrogen generator dominated the nitrogen generators market share, in terms of revenue in 2020 and the membrane nitrogen generator segment is projected to grow at a significant CAGR during the forecast period
On the basis of end user, the food & beverage segment registered highest revenue in 2020
Asia-Pacific is projected to register highest growth rate in the coming years
The key players within the market are profiled in this report, and their strategies are analyzed thoroughly, which help understand competitive outlook of the nitrogen generators industry
The report provides an extensive analysis of the current trends and emerging opportunities of the market

In-depth nitrogen generators market analysis is conducted by constructing estimations for the key segments between 2021 and 2030.

Companies Mentioned

Air Liquide
Air Products and Chemicals, Inc.
Atlas Copco AB
Hitachi Industrial Equipment Systems Co., Ltd.
Linde
NOVAIR S.A.S
On Site Gas Systems, Inc.
Oxymat A/S
Parker-Hannifin Corporation
Peak Gas Generation.

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
Scientific and technical writings for product information and related preemptions
Regional government and statistical databases for macro analysis
Authentic news articles and other related releases for market evaluation
Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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