Laboratory Gas Generators Market to be worth USD 1.27 Billion by 2031: Exclusive Report by Transparency Market Research
WILMINGTON, Del., Oct. 18, 2023 /PRNewswire/ -- TMR predicts the laboratory gas generators market is expected to reach US$ 1.27 billion by 2031. The market is predicted to expand at an 11% CAGR through 2031. Gas generators can now be monitored and controlled remotely using IoT (Internet of Things) technology. By using this feature, laboratories can monitor their gas usage, detect maintenance issues, and optimize their workflow.
- Sustainable practices and environmental concerns have led to the development of energy-efficient laboratory gas generators that produce zero greenhouse gases.
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Global Laboratory Gas Generators Market: Growth Drivers
The use of gas generators saves laboratories time and money by replacing gas cylinders and allowing them to order and store high-purity gases on demand. - Handling and storing high-pressure gas cylinders are no longer risks for laboratories with laboratory gas generators.
- Global Laboratory Gas Generators Market: Regional Landscape
North America dominates the laboratory gas generator market.