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Tunable Diode Laser Analyser Market : Key Growth Factors and Industry Analysis 2015-2025

04-06-2017 03:15 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Tunable Diode Laser Analyser Market : Key Growth Factors

A tunable diode laser analyser is a sophisticated device used to identify the concentration of sample gas with high selectivity of gas components. A tunale diode laser analyser identifies the chemical composition of compounds and measure the concentration of the element without any contact. This measuring device identifies the proportion of methane, water vapour, carbon dioxide and many other gaseous mixture by irradiating the sample with light from a tunable diode laser.

Tunable diode laser analyser measures corrosive and highly hazardous gases. The tunable diode laser analyser uses accurate and highly responsive measuring signals for process control systems and hence helps in improving yields, safety and energy efficiency in various industrial processes.

Tunable Diode Laser Analyser Market: Drivers & Restraints

The key market driver for tunable diode laser analyser is the growth in the industries such as oil & gas, cement, metal and power which demands for analysers, emission monitoring and incineration. Tunable diode laser analyser has high component selectivity, easy maintenance, low installation cost and fast response which makes it a preferred device in broad range of industrial processes. Tunable diode laser analyser is one of the critical factor which provides crucial information about the chemical composition in the process industries. Tunable diode laser analyser has large opportunity in process industry as its applications are not restricted to monitoring only. It also contribute towards the preservation of environment and reduction of running cost. However the key challenge faced by tunable diode laser analyser is the rising infrastructure cost which may inhibit the market growth.

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Tunable Diode Laser Analyser Market: Segmentation

On the basis of end user industry, the global tunable diode laser analyser market is segmented into,

chemical/petrochemical

Power/ utility

Water and Wastewater Treatment

Food and Beverages

Fertilizer

Pharmaceuticals

Pulp & Paper

Mining

Cement

Glass

On the basis of application, the global tunable diode laser analyser market is segmented into

Gases

Syngas

Coke-oven Gas

Refinery Fuel Gas

Natural gas

Green House Gas

Flare Gas

Tail Gas

Fertilizer Off Gas

DeNOx

Incineration

Emission Monitoring

Boilers

Carbon Black Producers

BFO

BOF

SRU

FTC/GTC for Aluminium

Nuclear

Fertilizer Urea

Electric Arc Furnace

Others

Tunable Diode Laser Analyser Market: Region-wise Outlook

Currently APAC has the largest market share for tunable diode laser analyser, followed by North America. It is expected that Europe will have the fastest growth rate as compared with other regions. As the demand of chemical industries is increasing, North America is also expected to have a significant market share in global tunable diode laser analyser market during the forecast period.

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Tunable Diode Laser Analyser Market: Key Players

Some of the market participants in the global tunable diode laser analyser market are Yokogawa, Servomex, Siemens AG, Honeywell, Sick AG, Emerson Process Management, ABB ltd, Neo Monitors, Mettler Toledo, Ametek Process Instruments.

About Us – Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India.

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