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Industrial nitrogen generators are machines that extract nitrogen gas from the air and generate it in a form usable for industrial and commercial applications. The gas is generated by a process of pressure swing adsorption (PSA). The process involves compressing air, separating out the nitrogen molecules, and then collecting them in pressurized tanks. Industrial nitrogen generators are used to provide an inert atmosphere for many industrial processes including welding, heat treating, annealing, and packaging. They can also be used for food preservation, freeze-drying, and other applications that require a nitrogen-rich environment. The demand for nitrogen generators has grown significantly over the past decade, driven by the need for efficient and cost-effective gas supply methods. Industrial nitrogen generators are now being used in a variety of industries and applications, from industrial manufacturing and food processing to medical and research laboratories. The global industrial nitrogen generator market size is projected to reach USD 5.5 billion by 2026 from USD 4.2 billion in 2021, at a CAGR of 5.4% during the forecast period. Growth in the demand for nitrogen gas used in various industries and growth in urbanization in the emerging economies, such as APAC, Middle East & Africa, and South America, are also driving the market. The key players in the industrial nitrogen generator market include Parker Hannifin Corporation (US), Ingersoll Rand (US), Air Products and Chemicals, Inc. (US), Atlas Copco (Sweden), Air Liquide (France), Hitachi Industrial Equipment System Company (Japan), Inmatec (Germany), Linde Plc (UK), Novair SAS (France), and Oxymat A/S (Denmark). The industrial nitrogen generator market report analyzes the key growth strategies, such as merger & acquisition, agreement & collaboration, investment & expansion, and new product launch adopted by the leading market players between 2017 and 2021. Parker Hannifin Corporation is one of the largest players in the industrial nitrogen generators market, globally. The company serves off-road machinery, transportation, oil and gas, industrial manufacturing equipment, power generation, healthcare and life sciences, electronics and semiconductor, industrial and chemical processing, as well as refrigeration markets. The company has a strong emphasis on R&D. Parker Hannifin Corporation has a diverse portfolio, ranging from innovative products to sustainable solutions. The company is active in various value chains and value creation networks. The company has deliberated a strategy to grow its global distribution network to become a key differentiator among competitors. It is also optimizing its portfolio, which would help to focus on capital allocation toward growth areas. Moreover, the company is focused on WIN Strategy (Engage people, customer experience, profitable growth and financial performance), which provides a competitive advantage to the company. The company plans to increase its geographical foothold by increasing product sales in untapped markets in the industrial nitrogen generator market.