US Nitrogen Generator Market

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.