Press release
Tunable Diode Laser Analyzer Market By Top Key Players: Yokogawa Electric, Focused Photonics, ABB, Ametek, Spectrasensors, Servomex, Siemens AG, Sick Ag, Neo Monitors, Mettler Toledo International
Global Market Insights
Tunable Diode Laser Analyzer Market applications are not limited to monitoring. Advanced features used for environment friendly solutions and optimization of costs are projected to provide better ROI on installation. The trending advancement for application in controlling purposes is expected to fuel the growth over the forecast timeframe. Tunable diode laser analyzer (TDLA) market was over USD 290 billion in 2015, is expected to grow at 11% CAGR and reach over USD 740 billion by 2024. Growth across segments such as power, oil & gas, metal and cement which require upgraded solution for emission analysis, monitoring and carbonization are expected to be the key drivers of the global tunable diode laser analyzer market.
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Top Key Players: -
Key participants in the tunable diode laser analyzer market include Yokogawa Electric Corp., Focused Photonics, ABB Ltd., Ametek, Spectrasensors, Servomex Ltd., Siemens AG, Sick Ag, Neo Monitors and Mettler Toledo International.
Market share calculation in this report is not done based on companies covered in it. The calculation of tunable diode laser analyzer market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
Regional Segmentations: -
Asia Pacific tunable diode laser analyzer market size is projected to be fueled by considering increasing industrialization in the region. Growth of industries, mainly cement, power, metal & mining, pulp and paper industries in the region, will provide basis for growth in the region.
Increased commissioning of power plant projects and existing total of cement industries in China is expected to provide better opportunities for tunable diode laser analyzer market expansion.
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Demand for noise reducing mechanical designs for narrowed laser line width and increased robustness for thermal and mechanical isolation will present growth avenues in the coming years. Opportunities for key players lie in the quality of upgrade and migration services. Small participants may get an opportunity to stabilize in the industry owing to favorable tunable diode laser analyzer market price trend.
In situ diode analyzer market share was the largest in 2015 due to economical pricing. By gas type, the industry is segmented into Ammonia (NH3), Oxygen (O2), COX, HX, moisture (H2O) and CXHX analyzers. Oxygen based TLDAs are expected to register highest CAGR through the forecast. Controlling and monitoring in various industries with high efficiency mandate the installation of oxygen based tunable analyzers at different checkpoints such as pre-heater exit, syngas, coal silo, coal mill, calciner and rotary kiln inlets, eventually imparting return on investment to this segment of the industry.
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The oil & gas industry held the largest tunable diode laser analyzer market share in 2015 owing to its multiple uses for measurement of different gases at different control points such as cracking unit, fluid catalytic, alkalination unit, reformer unit and coker unit for safety and optimized maintenance cost. The oil & gas industry is expected to continue its dominance over the forecast period on account of the presence of a considerable number of oil refineries across the globe.
The industry is segmented by application into chemical & pharmaceutical, oil & gas, metal & mining, cement, fertilizer, pulp & paper, power and semiconductor. Oil & gas industry dominates the tunable diode laser analyzer market share, chemical & pharmaceutical will be the most attractive segment owing to its significant application for safety and efficiency of the process industry.
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