Laser-based Gas Analyzers Market 2021 Strategic Assessments - ABB Ltd., Opsis AB, Emerson Electric Co., HORIBA, Ltd., Servomex Group Limited, KNESTEL Technology & Electronics GmbH

The Laser-based Gas Analyzers Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The laser-based gas analyzers market is expected to register a CAGR of 6% over the forecast period (2020 - 2025).

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Top Leading Companies of Laser-based Gas Analyzers Market are ABB Ltd., Opsis AB, Emerson Electric Co., HORIBA, Ltd., Servomex Group Limited, KNESTEL Technology & Electronics GmbH, Honeywell International Inc., Yokogawa Electric Corporation, NEO Monitors AS, Endress Hauser AG, Fuji Electric Co., Ltd., Siemens AG, Anton Paar GmbH, AMETEK Land Instruments International, Bruker Corporation, Kaiser Optical Systems, Inc. and others.

Industry News and Updates

March 2019 - Emerson releases Rosemount CT4400 Continuous Gas Analyzer. Emerson's Rosemount CT4400 Continuous Gas Analyzer is a purpose-built Quantum Cascade Laser (QCL) and Tunable Diode Laser (TDL) analyzer designed to help plants report emissions accurately in environmental monitoring applications measuring standard components, such as nitric oxide (NO), nitrogen dioxide (NO2), sulfur dioxide (SO2), carbon monoxide (CO), carbon dioxide (CO2), and oxygen (O2).

- March 2019 - ABB's IoT solution turns a drone into the gas detection sensor. ABB's analyzer uses patented cavity-enhanced absorption spectroscopy to detect methane with a sensitivity more than 1000 times higher than conventional leak detection tools.

- January 2019 - Yokogawa Electric Corporation launched its TDLS8100 probe type tunable diode laser spectrometer as part of its OpreXTM Analyzer family. The TDLS8100 is targeted at applications in the oil, petrochemical, power, iron and steel, and other industries that require the ability to directly measure oxygen or carbon monoxide gas concentration at high speeds.

Key Market Trends

Asia-Pacific to Dominate the Market

- According to the International Energy Agency Asia-Pacific emerged as the highest importer and consumer of natural gas. China alone accounted for two-thirds of the global demand for Natural gas. But low reserves this region almost most of the natural gas it consumes.

- This region is not joined by high-pressure pipeline as much as the other areas are, due to which the transport is more susceptible to leakages. Due to which there is a constant requirement of monitoring during transportation.

- The biggest importer of natural gas China has become more proactive in addressing the environmental concerns due to which they have installed many systems which consist of gas analyzers to cut back on carbon dioxide discharges and other emissions.

Regional Outlook of Laser-based Gas Analyzers Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

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What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Laser-based Gas Analyzers Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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