Wednesday 23 October 2019

Tunable Diode Laser Analyzer Market Analysis | Segmentation, Revenue & Growth | Forecast To 2028


Million Insights Market Research Released A New Research Report On Global Tunable Diode Laser Analyzer Market - Forecast Up To 2025. Report Provide Overview Of Top Key Players, Share Analysis, Size, Stake, Progress, Trends And Their Strategic Profiling In The Market, Comprehensively Analyzing Their Core Competencies, And Drawing A Competitive Landscape For The Market.

Pune, India - Tunable Diode Laser Analyzer Market was valued at USD 367.2 million in 2015. A tunable diode laser analyzer is a modern device which is used to diagnose the sample gas concentration. This calibrating device helps to identify the amount of carbon dioxide, water vapor, methane, and various gaseous mixtures with the help of irradiation of the sample by using light from a tunable diode laser.


Tunable diode laser analyzers are largely used to measure the composition of industrial emissions to detect harmful gasses which include oxides of carbon and nitrogen as well as oxygen and water. It uses accurate, and highly responsive measuring signals for process control systems thus helps to improve yields, safety, and energy efficiency in various industrial processes. TDLAs works by measuring the amount of light that is absorbed as it travels through the gas being measured. The absence of moving parts and sensor contact involved in the process leads the analyzers to have low rates of failures and a long-term low cost of ownership.
The key market driver for tunable diode laser analyzer is the increasing demand for the measuring harmful gasses in emissions and growing concerns with respect to the effects of gases which are hazardous in the areas such as mines and industries or gas and oil fields. Moreover, TDLAs are largely used across applications in hydrocarbon processing and power generation.
Merchants are offering tunable diode analyzers which are compact and effectively serve to an area of industry applications. This optical analyzer measures the flue gas, process gas, analysis of analysis throughout downstream, upstream and midstream activities. However, high R&D costs, as well as the lack of awareness about such advanced technology, are expected to challenge the industry growth. The growth prospects of the industry may get hamper over the next eight years due to the low prices of competitive technologies for analyzing gas like evolved gas analyzers, and thermal & infrared gas analyzers.
TDLAs have applications in an industry which include Oil & Gas, Cement, Healthcare, Paper & Pulp Chemicals, Fertilizers, Mining & Metal and Power.
The oil & gas industrial segment dominated the global TDLA demand and was valued at over USD 85 million in 2015 which can be associated with the rising demand for the complex hydrocarbon gas detection and low concentration gas detection across processing activities in petrochemical industry and oil fields.
TDLAs have applications in LNG plants and natural gas to easily detect and remove the moisture present in the gas streams between various processes. The measuring the moisture content is crucial for petrochemical companies to meet the quality specifications and to protect the corrosion of pipelines. In addition, TDLAs are also used for the detection of corrosive sulfur compounds in refineries, which may incur the high cost of operation and maintenance for the process infrastructure.
TDLAs application in the healthcare industry is expected to see a substantial growth in the demand over the next decade. The segment is estimated to grow the fastest at a CAGR of over 9% over the forecast period.
Market Segment:

Tunable Diode Laser Analyzer Measurement-Type Outlook (Revenue, USD Million, 2013 - 2024)
        • In-situ
        • Others

Tunable Diode Laser Analyzer Industrial Application Outlook (Revenue, USD Million, 2013 - 2024)
        • Power
        • Oil & Gas
        • Mining & Metal
        • Healthcare
        • Chemicals
        • Fertilizers
        • Paper & Pulp
        • Cement
        • Others

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