PUBLISHER: The Insight Partners | PRODUCT CODE: 1624227
PUBLISHER: The Insight Partners | PRODUCT CODE: 1624227
US Nitrogen Generator Market Size and Forecast, Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type and End User
The US nitrogen generator market size was valued at US$ 1.83 billion in 2023 and is expected to reach US$ 2.71 billion by 2031; it is estimated to record a CAGR of 5.1% from 2023 to 2031.
The US is divided into four major regions: Northeast, Midwest, South, and West. Alabama, Arkansas, Delaware, Florida, Georgia, the District of Columbia, Kentucky, Louisiana, Maryland, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia, and West Virginia are among the prime states/territories in the South of the US. The South region plays a major part in the overall US economy, and it also leads the US nitrogen generator market. The market growth in this region is attributed to the continuous progress of the industrial and oil and gas sectors. The region has become an attractive destination for new businesses owing to economic development, government efforts, and initiatives associated with this region, which is anticipated to bring new growth opportunities for the nitrogen generator market in the coming years. For example, in 2023, CJ Logistics America announced the expansion of its temperature-controlled warehousing capabilities with the inauguration of a 206,000 sq. ft. storage facility in Nashville, Tennessee.
Illinois, Iowa, Indiana, Kansas, Michigan, Minnesota, Nebraska, Missouri, North Dakota, Ohio, South Dakota, and Wisconsin are among the major states in the Midwest of the US. The rapid pace of industrialization and growing number of manufacturing facilities across these states are fueling the nitrogen generator market growth in the Midwest. The increasing number of automotive parts manufacturing facilities is also fueling the application of nitrogen in this region. In February 2024, Schaeffler announced the expansion of its operations in the US with the addition of a new manufacturing facility concentrating on fabricating automotive electric mobility solutions. The company planned an investment of over US$ 230 million for the establishment of an advanced manufacturing facility in Ohio, US, along with the intention of future expansion until 2032.
Advanced Gas Technologies; BAUER COMPRESSORS, INC.; On Site Gas Systems Inc.; Atlas Copco AB; Parker Hannifin; Holtec Gas Systems; VICI DBS; Peak Scientific Instruments Ltd; Air & Gas Solutions LLC; and Ingersoll Rand Inc. are among the key US nitrogen generator market players that are profiled in this market study.
The overall US nitrogen generator market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the US nitrogen generator size. The process also helps obtain an overview and forecast of the market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the US nitrogen generator market.
Table Of Contents
1. Introduction
- 1.1 The Insight Partners Research Report Guidance
- 1.2 Market Segmentation
2. Executive Summary
- 2.1 Key Insights
- 2.2 Market Attractiveness
3. Research Methodology
- 3.1 Secondary Research
- 3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macro-economic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country level data:
4. US Nitrogen Generator Market Landscape
- 4.1 Overview
- 4.2 PEST Analysis
- 4.3 Ecosystem Analysis
- 4.3.1 List of Vendors in the Value Chain
5. US Nitrogen Generator Market - Key Market Dynamics
- 5.1 US Nitrogen Generator Market - Key Market Dynamics
- 5.2 Market Drivers
- 5.2.1 Significance of Nitrogen in Food and Beverage, and Automotive Industries
- 5.2.2 Surge in Trade of Food and Pharmaceutical Products
- 5.2.3 Adoption of Nitrogen Generators in Electronic Industry
- 5.3 Market Restraints
- 5.3.1 Required Stringent Safety and Regulatory Measures:
- 5.4 Market Opportunities
- 5.4.1 Utilization of Nitrogen Inert Gas in Maritime Industry
- 5.4.2 Role of Nitrogen Generators in Chemical Industry:
- 5.5 Future Trends
- 5.5.1 Emphasis on On-site Nitrogen Generation
- 5.6 Impact of Drivers and Restraints:
6. US Nitrogen Generator Market Analysis
- 6.1 US Nitrogen Generator Market Revenue (US$ Million), 2021-2031
- 6.2 US Nitrogen Generator Market Forecast and Analysis
- 6.3 US Nitrogen Generator Market Volume Forecast and Analysis
7. US Nitrogen Generator Market Analysis - by Type
- 7.1 PSA Nitrogen Generator
- 7.1.1 Overview
- 7.1.2 PSA nitrogen Generator: US nitrogen Generator Market - Revenue and Forecast to 2031 (US$ Million)
- 7.2 Membrane Nitrogen Generator
- 7.2.1 Overview
- 7.2.2 Membrane Nitrogen Generator: US nitrogen Generator Market - Revenue and Forecast to 2031 (US$ Million)
- 7.3 Cryogenic Nitrogen Generator
- 7.3.1 Overview
- 7.3.2 Cryogenic Nitrogen Generator: US nitrogen Generator Market - Revenue and Forecast to 2031 (US$ Million)
8. US Nitrogen Generator Market Analysis - by End User
- 8.1 Oil and Gas
- 8.1.1 Overview
- 8.1.2 Oil and Gas: US nitrogen Generator Market - Revenue and Forecast to 2031 (US$ Million)
- 8.2 Food and Beverage
- 8.2.1 Overview
- 8.2.2 Food and Beverage: US nitrogen Generator Market - Revenue and Forecast to 2031 (US$ Million)
- 8.3 Medical and Pharmaceutical
- 8.3.1 Overview
- 8.3.2 Medical and Pharmaceutical: US nitrogen Generator Market - Revenue and Forecast to 2031 (US$ Million)
- 8.4 Transportation
- 8.4.1 Overview
- 8.4.2 Transportation: US nitrogen Generator Market - Revenue and Forecast to 2031 (US$ Million)
- 8.5 Chemicals
- 8.5.1 Overview
- 8.5.2 Chemicals: US nitrogen Generator Market - Revenue and Forecast to 2031 (US$ Million)
- 8.6 Others
- 8.6.1 Overview
- 8.6.2 Others: US nitrogen Generator Market - Revenue and Forecast to 2031 (US$ Million)
9. US Nitrogen Generator Market - Region Analysis
- 9.1 US
- 9.1.1 US Nitrogen Generator Market Breakdown by Regions
- 9.1.1.1 US Nitrogen Generator Market Revenue and Forecast and Analysis - by Regions
- 9.1.1.2 Northeast: US Nitrogen Generator Market - Revenue and Forecast to 2031 (US$ Million)
- 9.1.1.2.1 Northeast: US Nitrogen Generator Market Breakdown by Type
- 9.1.1.2.2 Northeast: US Nitrogen Generator Market Breakdown by End User
- 9.1.1.3 West: US Nitrogen Generator Market - Revenue and Forecast to 2031 (US$ Million)
- 9.1.1.3.1 West: US Nitrogen Generator Market Breakdown by Type
- 9.1.1.3.2 West: US Nitrogen Generator Market Breakdown by End User
- 9.1.1.4 Midwest: US Nitrogen Generator Market - Revenue and Forecast to 2031 (US$ Million)
- 9.1.1.4.1 Midwest: US nitrogen Generator Market Breakdown by Type
- 9.1.1.4.2 Midwest: US Nitrogen Generator Market Breakdown by End User
- 9.1.1.5 South: US Nitrogen Generator Market - Revenue and Forecast to 2031 (US$ Million)
- 9.1.1.5.1 South: US Nitrogen Generator Market Breakdown by Type
- 9.1.1.5.2 South: US Nitrogen Generator Market Breakdown by End User
- 9.1.1 US Nitrogen Generator Market Breakdown by Regions
10. Competitive Landscape
- 10.1 Heat Map Analysis by Key Players
- 10.2 Company Positioning & Concentration
11. Industry Landscape
- 11.1 Overview
- 11.2 Market Initiative
- 11.3 Product Development
- 11.4 Mergers & Acquisitions
12. Company Profiles
- 12.1 Advanced Gas Technologies
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
- 12.2 BAUER COMPRESSORS, INC.
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
- 12.3 On Site Gas Systems
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
THREAT
- 12.3.6 Key Developments
- 12.4 Atlas Copco AB
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
- 12.5 Parker Hannifin
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 Key Developments
- 12.6 Holtec Gas Systems
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
- 12.7 VICI DBS
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
- 12.8 Peak Scientific Instruments Ltd
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
- 12.9 Air & Gas Solutions LLC
- 12.9.1 Key Facts
- 12.9.2 Business Description
- 12.9.3 Products and Services
- 12.9.4 Financial Overview
- 12.9.5 SWOT Analysis
- 12.9.6 Key Developments
- 12.10 Ingersoll Rand Inc
- 12.10.1 Key Facts
- 12.10.2 Business Description
- 12.10.3 Products and Services
- 12.10.4 Financial Overview
- 12.10.5 SWOT Analysis
- 12.10.6 Key Developments
13. Appendix
- 13.1 Appendix
- 13.2 About The Insight Partners
List Of Tables
- Table 1. US Nitrogen Generator Market Segmentation
- Table 2. List of Vendors
- Table 3. Major US Food Imports
- Table 4. US Nitrogen Generator Market - Revenue and Forecast to 2031 (US$ Million)
- Table 5. US Nitrogen Generator Market - Volume and Forecast to 2031 (Units)
- Table 6. US Nitrogen Generator Market - Revenue and Forecast to 2031 (US$ Million) - by Type
- Table 7. US Nitrogen Generator Market - Revenue and Forecast to 2031 (US$ Million) - by End User
- Table 8. US Nitrogen Generator Market - Revenue and Forecast to 2031 (US$ Million) - by Regions
- Table 9. Northeast: US Nitrogen Generator Market - Revenue and Forecast to 2031 (US$ Million) - by Type
- Table 10. Northeast: US Nitrogen Generator Market - Revenue and Forecast to 2031 (US$ Million) - by End User
- Table 11. West: US Nitrogen Generator Market - Revenue and Forecast to 2031 (US$ Million) - by Type
- Table 12. West: US Nitrogen Generator Market - Revenue and Forecast to 2031 (US$ Million) - by End User
- Table 13. Midwest: US nitrogen Generator Market - Revenue and Forecast to 2031 (US$ Million) - by Type
- Table 14. Midwest: US Nitrogen Generator Market - Revenue and Forecast to 2031 (US$ Million) - by End User
- Table 15. South: US Nitrogen Generator Market - Revenue and Forecast to 2031 (US$ Million) - by Type
- Table 16. South: US Nitrogen Generator Market - Revenue and Forecast to 2031 (US$ Million) - by End User
List Of Figures
- Figure 1. US Nitrogen Generator Market Segmentation, by Country
- Figure 2. PEST Analysis
- Figure 3. Ecosystem Analysis
- Figure 4. Major US Agricultural Exports (US$ million)
- Figure 5. Impact Analysis of Drivers and Restraints
- Figure 6. US Nitrogen Generator Market Revenue (US$ Million), 2021-2031
- Figure 7. US Nitrogen Generator Market Share (%) - by Type, 2023 and 2031
- Figure 8. PSA Nitrogen Generator: US nitrogen Generator Market - Revenue and Forecast to 2031 (US$ Million)
- Figure 9. Membrane Nitrogen Generator: US nitrogen Generator Market - Revenue and Forecast to 2031 (US$ Million)
- Figure 10. Cryogenic Nitrogen Generator: US nitrogen Generator Market - Revenue and Forecast to 2031 (US$ Million)
- Figure 11. US Nitrogen Generator Market Share (%) - by End User, 2023 and 2031
- Figure 12. Oil and Gas: US nitrogen Generator Market - Revenue and Forecast to 2031 (US$ Million)
- Figure 13. Food and Beverage: US nitrogen Generator Market - Revenue and Forecast to 2031 (US$ Million)
- Figure 14. Medical and Pharmaceutical: US nitrogen Generator Market - Revenue and Forecast to 2031 (US$ Million)
- Figure 15. Transportation: US nitrogen Generator Market - Revenue and Forecast to 2031 (US$ Million)
- Figure 16. Chemicals: US nitrogen Generator Market - Revenue and Forecast to 2031 (US$ Million)
- Figure 17. Others: US nitrogen Generator Market - Revenue and Forecast to 2031 (US$ Million)
- Figure 18. Northeast: US Nitrogen Generator Market - Revenue and Forecast to 2031 (US$ Million)
- Figure 19. West: US Nitrogen Generator Market - Revenue and Forecast to 2031 (US$ Million)
- Figure 20. Midwest: US Nitrogen Generator Market - Revenue and Forecast to 2031 (US$ Million)
- Figure 21. South: US Nitrogen Generator Market - Revenue and Forecast to 2031 (US$ Million)
- Figure 22. Heat Map Analysis by Key Players
- Figure 23. Company Positioning & Concentration
