Global Neon Gas Market Outlook
Top Driver: growing consumer demand and industrialization is driving the requirement for barcode scanners and laser-operated sensors.
Neon is widely used for cryogenic applications pertaining to large hadron colliders (LHC), rocket propulsion systems, and wave meter tubes. Neon is often preferred over helium as a cryogenic coolant in most cutting-edge energy and scientific research that does not require extreme cooling. Neon isotopes are increasingly being evaluated for use in energy research as a fuel. Liquid gas is also used for cooling high-temperature superconducting motors, voltage regulators, and current limiters. In addition, neon is used in high-energy cathode ray tubes and wave meter tubes. Increasing research efforts on this front are expanding the horizon of applications and are contributing to the demand for liquid neon.
Noble gases are predominantly used in imaging, laser, and display technologies for fluorescent and incandescent lighting. However, the use of phosphors and noble gases in lighting and laser applications is being challenged by LED technologies, which are both cost-effective and energy-efficient.
Imaging and lighting segment to Make Crucial Contribution for Growth of Neon Gas Market
The imaging and lighting segment dominated the market due to its extensive use in major applications such as holography, spectroscopy, and barcode scanning. However, the market share of the imaging and lighting segment is likely to decline by 2019 due to the growing prominence of semiconductor lighting. The market share of the cryogenics segment will likely increase in light of growing research efforts in the energy and healthcare sectors, as well as the rising need for energy-efficient industrial coolant solutions.
Neon is used for industrial processes like welding, laser equipment, and lighting; however, in its liquid form, it is often used as a cryogenic refrigerant for commercial purposes. The gas is considered to be a perfect medium to cool specific processes in cryo vacuum technology, which also includes applications like fault current limiters and cooling of high-temperature superconductor (HTS) motor rotors.
Asia-Pacific dominated to witness the fastest growth in Global Neon Gas Market
The global Neon Gas market is segmented into North America, Asia-Pacific, Europe, South America, and the Middle East and Africa.
Asia-Pacific dominated the market geographically; accounting for the largest share. This was due to neons extensive use in manufacturing industries associated with automobiles, construction, mining, and transportation. APAC is the largest market for neon gas in terms of consumption, as many automotive, construction, mining, and transportation manufacturing companies operate in the region. APAC is the base for some of the fastest-growing economies in the world, such as India, China, and Indonesia. The region is also a semiconductor powerhouse, with South Korea, Taiwan, Japan, and China being the key global suppliers of electronics and semiconductors. Despite this, the region lags behind others in terms of the demand-supply balance of noble gases. APAC is a net importer of noble gases, wherein the market is dominated by the industrial gas manufacturers from Europe and the US operating through their local subsidiaries.
Players to Focus on Neon Gas Market
Examples of some of the market participants in the global Neon Gas market identified across the value chain include,
LAIR LIQUIDE S.A.
The Linde Group.
Matheson Tri-Gas, Inc.
American Gas Products.
Ingas AE.
Cryoin Engineering Ltd.
Proton Gases (India) Pvt. Ltd.
Iceblick LLC.
Scope of the Report
By Application
Cryogenics
Imaging and Lighting
Industrial Applications
Electronics and Semiconductors
By end-user
Aerospace & Aircraft
Automotive & Transportation Equipment
Electronics
Healthcare
By Region
North America
Europe
Asia Pacific
Rest Of World
Key Reasons to Purchase this Report
1. It provides a technological development map over time to understand the growth rate of the industry.
2. The report offers a dynamic method to various factors that drive or restrain the growth of the market.
3. It renders a definite analysis for changing competitive dynamics.
4. It builds a seven-year estimate based on how the market is predicted to grow.
1.1 Market Vision
1.1.1 Market Definition
1.1.2 Market Scope
1.2 Market Segmentation
Chapter 2 Our Research Practice
2.1 Our Research Methodology
2.2 Data Triangulation
2.3 Data Sources
2.4 Assumptions for the study
2.5 Approach Adopted
Chapter 3 Executive Summary
3.1 Market Snapshot
3.2 Regional Snapshot
3.3 Segment Summary
Chapter 4 Covid-19 Impact Analysis
4.1 Overview
4.2 Prevalence analysis
4.3 Key Factor Impact Analysis
Chapter 5 Global Neon Gas Market Forces
5.1 Whats Driving the Market
5.2 Porters Five Forces Analysis
5.2.1 Power of Suppliers
5.2.2 Threats From New Entrants
5.2.3 Power of Buyer
5.2.4 Threat From Substitute Product
5.2.5 Degree of Competition
Chapter 6 Global Neon Gas Market -Industry Snapshots
6.1 Overview
6.1.1 Global Neon Gas Market Value, 2019 - 2028, (US$ Bn)
6.2 Market Overview
6.2.1 Drivers Analysis
6.2.2 Restraint/Challenges analysis
6.2.3 Opportunity Analysis
6.3 Supply Chain/Value Chain Analysis
6.4 Market SWOT Analysis
Chapter 7 Global Neon Gas Market Analysis, by Application
7.1 Overview
7.2 Key Findings for Neon Gas Market- By Application
7.2.1 Neon Gas Market- Cryogenics
7.2.2 Neon Gas Market- Imaging and Lighting
Neon Gas market by Application 2, 2019 - 2028 (USD Million)
7.2.3 Neon Gas Market- Industrial Applications
Chapter 8 Global Neon Gas Market Analysis, by end user
8.1 Overview
8.2 Key Findings for Neon Gas Market- By end user
8.2.1 Neon Gas Market- Aerospace & Aircraft
8.2.2 Neon Gas Market- Automotive & Transportation Equipment
Neon Gasmmarket by end user 2, 2019 - 2028 (USD Million)
8.2.3 Neon Gas Market- Electronics
8.2.4 Neon Gas Market- Healthcare
Chapter 9 Neon Gas Market Analysis by Region
9.1 Key Findings for Neon Gas Market- By region
9.2 Overview
9.2.1 Global Neon Gas Market Analysis, By Type, 2019 - 2028
9.2.2 Global Neon Gas Market Analysis, By Product Type, 2019 - 2028
9.3 Neon Gas Market North America
9.3.1 Overview
9.3.2 U.S.
9.3.3 Canada
9.3.4 Mexico
9.3.5 North America Market, By Type
9.3.6 North America Market, By Product Type
9.4 Neon Gas Market Europe
9.4.1 Overview
9.4.2 Germany
9.4.3 United Kingdom
9.4.4 France
9.4.5 Italy
9.4.6 Rest Of Europe
9.4.7 Europe Market, By Type
9.4.8 Europe Market, By Product Type
9.5 Neon Gas Market Asia Pacific
9.5.1 Overview
9.5.2 China
9.5.3 Japan
9.5.4 India
9.5.5 Rest of APAC
9.5.6 Asia Pacific Market, By Type
9.5.7 Asia Pacific Market, By Product Type
9.6 Neon Gas Market Rest Of World
9.6.1 Overview
9.6.2 Middle East & Africa (MEA)
9.6.3 South America
9.6.4 Rest Of World
9.6.5 South America, Middle East and Africa Market, By Type
9.6.6 South America, Middle East and Africa Market, By Product Type
Chapter 10 Market Competition Analysis
10.1 Market Share/Positioning Analysis
10.1.1 Market Positioning of Key Vendors, 2019
10.1.2 Key Strategies Adopted by the Leading Players
10.1.3 Recent Developments
Chapter 11 Company Profiles- Snapshot
11.1 Iceblick LLC.
11.1.1 Business Fundamentals
11.1.2 Financial Snapshots
11.1.3 Product Portfolio
11.1.4 Recent Developments
11.2 LAIR LIQUIDE S.A.
11.3 The Linde Group.
11.4 Matheson Tri-Gas, Inc.
11.5 American Gas Products.
11.6 Ingas AE.
11.7 Cryoin Engineering Ltd.
11.8 Proton Gases (India) Pvt. Ltd.
*More than 10 Companies are profiled in this Research Report*
*Financials would be provided on a best efforts basis for private companies
Chapter 12 Appendix
List Of Tables
TABLE 1 Neon Gas market by Application 1, 2019 - 2028 (USD Million)TABLE 2 Neon Gas market by Application 3, 2019 - 2028 (USD Million)
TABLE 3 Neon Gas market by end user 1, 2019 - 2028 (USD Million)
TABLE 4 Neon Gas market by end user 3, 2019 - 2028 (USD Million)
TABLE 5 Neon Gas market by end user 4, 2019 - 2028 (USD Million)
TABLE 6 Global Neon Gas Market Value, By Type, 2019 - 2028 (US$ Bn)
TABLE 7 Global Neon Gas Market Value, By Product Type, 2019 - 2028 (US$ Bn)
TABLE 8 Neon Gas Market Analysis by North America (USD Million), 2019 - 2028
TABLE 9 U.S. Neon Gas Market, 2019 - 2028 (USD Million)
TABLE 10 U.S. Neon Gas Market, By Type, 2019 - 2028 (USD Million)
TABLE 11 U.S. Neon Gas Market, By Product Type, 2019 - 2028 (USD Million)
TABLE 12 Canada Neon Gas Market, 2019 - 2028 (USD Million)
TABLE 13 Canada Neon Gas Market, By Type, 2019 - 2028 (USD Million)
TABLE 14 Canada Neon Gas Market, By Product Type, 2019 - 2028 (USD Million)
TABLE 15 Mexico Neon Gas Market, 2019 - 2028 (USD Million)
TABLE 16 Mexico Neon Gas Market, By Type, 2019 - 2028 (USD Million)
TABLE 17 Mexico Neon Gas Market, By Product Type, 2019 - 2028 (USD Million)
TABLE 18 Neon Gas Market Analysis by Europe (USD Million), 2019 - 2028
TABLE 19 Germany Neon Gas Market, 2019 - 2028 (USD Million)
TABLE 20 Germany Neon Gas Market, By Type, 2019 - 2028 (USD Million)
TABLE 21 Germany Neon Gas Market, By Product Type, 2019 - 2028 (USD Million)
TABLE 22 United Kingdom Neon Gas Market, 2019 - 2028 (USD Million)
TABLE 23 United Kingdom Neon Gas Market, By Type, 2019 - 2028 (USD Million)
TABLE 24 United Kingdom Neon Gas Market, By Product Type, 2019 - 2028 (USD Million)
TABLE 25 France Neon Gas Market, 2019 - 2028 (USD Million)
TABLE 26 France Neon Gas Market, By Type, 2019 - 2028 (USD Million)
TABLE 27 France Neon Gas Market, By Product Type, 2019 - 2028 (USD Million)
TABLE 28 Italy Neon Gas Market, 2019 - 2028 (USD Million)
TABLE 29 Italy Neon Gas Market, By Type, 2019 - 2028 (USD Million)
TABLE 30 Italy Neon Gas Market, By Product Type, 2019 - 2028 (USD Million)
TABLE 31 Rest Of Europe Neon Gas Market, 2019 - 2028 (USD Million)
TABLE 32 Rest Of Europe Neon Gas Market, By Type, 2019 - 2028 (USD Million)
TABLE 33 Rest Of Europe Neon Gas Market, By Product Type, 2019 - 2028 (USD Million)
TABLE 34 Neon Gas Market Analysis by Asia Pacific (USD Million), 2019 - 2028
TABLE 35 China Neon Gas Market, 2019 - 2028 (USD Million)
TABLE 36 China Neon Gas Market, By Type, 2019 - 2028 (USD Million)
TABLE 37 China Neon Gas Market, By Product Type, 2019 - 2028 (USD Million)
TABLE 38 Japan Neon Gas Market, 2019 - 2028 (USD Million)
TABLE 39 Japan Neon Gas Market, By Type, 2019 - 2028 (USD Million)
TABLE 40 Japan Neon Gas Market, By Product Type, 2019 - 2028 (USD Million)
TABLE 41 India Neon Gas Market, 2019 - 2028 (USD Million)
TABLE 42 India Neon Gas Market, By Type, 2019 - 2028 (USD Million)
TABLE 43 India Neon Gas Market, By Product Type, 2019 - 2028 (USD Million)
TABLE 44 Rest of APAC Neon Gas Market, 2019 - 2028 (USD Million)
TABLE 45 Rest of APAC Neon Gas Market, By Type, 2019 - 2028 (USD Million)
TABLE 46 Rest of APAC Neon Gas Market, By Product Type, 2019 - 2028 (USD Million)
TABLE 47 Neon Gas Market Analysis by Rest Of World (USD Million), 2019 - 2028
TABLE 48 Middle East & Africa (MEA) Neon Gas Market, 2019 - 2028 (USD Million)
TABLE 49 Middle East & Africa (MEA) Neon Gas Market, By Type, 2019 - 2028 (USD Million)
TABLE 50 Middle East & Africa (MEA) Neon Gas Market, By Product Type, 2019 - 2028 (USD Million)
TABLE 51 South America Neon Gas Market, 2019 - 2028 (USD Million)
TABLE 52 South America Neon Gas Market, By Type, 2019 - 2028 (USD Million)
TABLE 53 South America Neon Gas Market, By Product Type, 2019 - 2028 (USD Million)
TABLE 54 Rest Of World Neon Gas Market, 2019 - 2028 (USD Million)
TABLE 55 Rest Of World Neon Gas Market, By Type, 2019 - 2028 (USD Million)
TABLE 56 Rest Of World Neon Gas Market, By Product Type, 2019 - 2028 (USD Million)
List Of Figures
FIG. 1 Global Neon Gas : Market SegmentationFIG. 2 Global Neon Gas Market: Research Methodology
FIG. 3 Top-Down and Bottom Up Approach
FIG. 4 Market Snapshot
FIG. 5 Porters Five Forces Analysis
FIG. 6 Global Neon Gas Market Value, 2019 - 2028, (US$ Bn)
FIG. 7 Supply Chain/Value Chain Analysis
FIG. 8 Global Neon Gas Market Value Contribution, By Type, 2019 & 2026 (%)
FIG. 9 Global Neon Gas Market Value Contribution, By Product Type, 2019 & 2026 (%)
FIG. 10 Global Neon Gas Market Value, 2019 - 2028, (US$ Bn)
FIG. 11 North America Neon Gas Market Value, 2019 - 2028, (US$ Bn)
FIG. 12 Neon Gas Market Segment 1 North America
FIG. 13 Neon Gas Market Segment 2 North America
FIG. 14 Neon Gas U.S. outlook, 2019 & 2026
FIG. 15 Neon Gas Canada outlook, 2019 & 2026
FIG. 16 Neon Gas Mexico outlook, 2019 & 2026
FIG. 17 Europe Neon Gas Market Value, 2019 - 2028, (US$ Bn)
FIG. 18 Neon Gas Market Segment 1 Europe
FIG. 19 Neon Gas Market Segment 2 Europe
FIG. 20 Neon Gas Germany outlook, 2019 & 2026
FIG. 21 Neon Gas United Kingdom outlook, 2019 & 2026
FIG. 22 Neon Gas France outlook, 2019 & 2026
FIG. 23 Neon Gas Italy outlook, 2019 & 2026
FIG. 24 Neon Gas Rest Of Europe outlook, 2019 & 2026
FIG. 25 Asia Pacific Neon Gas Market Value, 2019 - 2028, (US$ Bn)
FIG. 26 Neon Gas Market Segment 1 Asia Pacific
FIG. 27 Neon Gas Market Segment 2 Asia Pacific
FIG. 28 Neon Gas China outlook, 2019 & 2026
FIG. 29 Neon Gas Japan outlook, 2019 & 2026
FIG. 30 Neon Gas India outlook, 2019 & 2026
FIG. 31 Neon Gas Rest of APAC outlook, 2019 & 2026
FIG. 32 Rest Of World Neon Gas Market Value, 2019 - 2028, (US$ Bn)
FIG. 33 Neon Gas Market Segment 1 Rest Of World
FIG. 34 Neon Gas Market Segment 2 Rest Of World
FIG. 35 Neon Gas Middle East & Africa (MEA) outlook, 2019 & 2026
FIG. 36 Neon Gas South America outlook, 2019 & 2026
FIG. 37 Neon Gas Rest Of World outlook, 2019 & 2026
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