US Nitrogen Generator Market Analysis and Trends by 2031
US Nitrogen Generator Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 1.83 Billion |
Market Size by 2031 | US$ 2.71 Billion |
Global CAGR (2023 - 2031) | 5.1% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | US
|
Market leaders and key company profiles |
US Nitrogen Generator Market News and Recent Developments
The US nitrogen generator market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the US nitrogen generator market are listed below:
- PEAK Scientific announced a strategic partnership with Onelab, a premier distributor of laboratory equipment, as the exclusive distributor of PEAK Scientific products across New Zealand. This collaboration aims to enhance accessibility to PEAK Scientific’s cutting-edge gas generation solutions, catering to the evolving needs of scientific research and analysis in the region. (Source: PEAK Scientific, Press Release, February 2024)
- Ingersoll Rand Inc. announced the acquisition of Air Power Systems Co., LLC (APSCO), Blutek s.r.l. (Blutek), and UT Pumps & Systems Private Limited (UT Pumps) for a combined purchase price of approximately US$ 135 million. Blutek, based in Italy, specializes in the design and production of highly engineered solutions for compressed air and nitrogen generation in mission-critical environments. It will increase Ingersoll Rand’s ability to compete in high-specification projects, adding technology capabilities, expertise, and aftermarket potential in high-growth end markets, including biogas and carbon capture. (Source: Ingersoll Rand Inc., Press Release, October 2024)
US Nitrogen Generator Market Report Coverage and Deliverables
The "US Nitrogen Generator Market Size and Forecast (2021–2031)" provides a detailed analysis of the market covering the areas mentioned below:
- US nitrogen generator market size and forecast at regional and country levels for all the key market segments covered under the scope
- US nitrogen generator market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST and SWOT analysis
- US nitrogen generator market analysis covering key market trends, regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the US nitrogen generator market
- Detailed company profiles