Press release
Tunable Diode Laser Analyzer Market to Expand at 10.20% CAGR till 2021, Driven by Rapid Industrialization
The global tunable diode laser (TDL) analyzer market will witness significant growth in the coming few years as tunable diode laser analyzers (TDLA) are a relatively new technology. This technology is used to detect and measure gases including HF, HCL, O2, NH3, and CO in very low air density surroundings. Worldwide, the demand for measurement technologies such as TDLA is rising due to the air pollution caused by the rapid industrialization releasing noxious gas in high volumes in the atmosphere.
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The global tunable diode laser analyzer market is driven by the rising demand for the measurement of toxic gases in the atmosphere. Moreover, the growing demand for safety devices and the increasing demand for these analyzers in several industries will also support the growth of the global tunable diode laser analyzer market. Nevertheless, the global tunable diode laser analyzer market will be suppressed by the lack of awareness about tunable diode laser analyzers and the high cost associated with the research and development of this technology.
Broadly, the global tunable diode laser (TDL) analyzer market is segmented on the basis of measurement type, industrial application, and region. By measurement type, the global tunable diode laser (TDL) analyzer market is segmented into in situ and others. The in situ TDL analyzer segment represented a share of 67.4% in the global tunable diode laser (TDL) analyzer market in 2014. A high number of measurement faults associated with gas sample extraction and conditioning are driving the adoption of in situ TDL analyzers measurement.
According to industrial application, the global tunable diode laser (TDL) analyzer market is divided into cement, fertilizer, pulp and paper, chemical, healthcare, mining and metal, oil and gas, power, and others. In 2014, the oil and gas segment represented the largest share of 25.0% in the global tunable diode laser (TDL) analyzer market. This region is projected to continue its dominance during the forecast period.
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Region-wise, the global tunable diode laser (TDL) analyzer market is classified into Asia Pacific, Europe, North America, and Rest of the World. In 2014, the Asia Pacific segment dominated the global tunable diode laser (TDL) analyzer market with a share of 37.0%. In Asia Pacific, the adoption of TDLA is high, thus enabling this region to hold its lead position.
Players in the global tunable diode laser analyzer market will benefit from the comprehensive improvements in TDL analyzers. Some of the key players operating in the global tunable diode laser (TDL) analyzer market are General Electric Corp., Mettler-Toledo, Sick AG, Yokogawa, ABB Ltd., and Honeywell International Inc.
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