By the end of 2022, the global market for tunable diode laser analyzers is expected to generate an additional opportunity worth USD 435 million. Sales of tunable diode laser analyzers are projected to exceed USD 800 million by 2032, with a strong CAGR of 9% over the 2022-2032 forecast period. This growth is fueled by the introduction of advanced tunable diode laser analyzers and the adoption of return-on-investment policies for installation.
Tunable diode laser analyzers are finding widespread applications across industries such as petrochemical, food & beverage, oil & gas, and energy & utility for detecting gases like carbon dioxide, methane, and water vapor, as well as flare and tail gases. These devices provide highly accurate and responsive measurements for process control systems, enhancing safety, yield, and energy efficiency in industrial processes.
A tunable diode laser analyzer is a sophisticated instrument used to measure gas concentrations with high selectivity. Without direct contact, it identifies chemical compositions and measures the concentration of elements by irradiating the sample with light from a tunable diode laser. This technology is effective for measuring gases such as methane, water vapor, carbon dioxide, and other gas mixtures.
Tunable diode laser analyzers are particularly useful in measuring corrosive and hazardous gases, utilizing precise, responsive signals for process control systems that help improve safety, yields, and energy efficiency in various industries.
Market Drivers & Restraints
The growth of industries like oil & gas, cement, metal, and power, which require analyzers for emissions monitoring and incineration, is a key driver for the tunable diode laser analyzer market. These analyzers are preferred due to their high selectivity, easy maintenance, low installation cost, and fast response times, making them ideal for a wide range of industrial applications.
In the process industries, tunable diode laser analyzers play a crucial role in providing information about chemical compositions, with opportunities for expanded use beyond monitoring. They also contribute to environmental preservation and cost reduction. However, rising infrastructure costs pose a challenge to market growth.
Key Players:
- Yokogawa
- Servomex
- Siemens AG
- Honeywell
- Sick AG
- Emerson Process Management
- ABB ltd
- Neo Monitors
- Mettler Toledo
- Ametek Process Instruments.
Key Segments Profiled in the Tunable Diode Laser Analyzer Industry Survey
By Measurement Type:
- In-Situ
- Extractive
By Gas Analyzer Type:
- Oxygen Analyzer
- Ammonia Analyzer
- Moisture Analyzer
- COx Analyzer
- Hx Analyzer
- CxHx Analyzer
- Others
By Application:
- Velocity Measurement
- Incineration
- Emission Monitoring
- Mass Flow Monitoring
- Natural Gas
- Refinery Fuel Gas
- Electric Arc Furnace
- Others
By End User Industry:
- Chemical
- Oil & Gas
- Mining
- Energy & Power
- Water and Wastewater Treatment
- Food & Beverage
- Others
Report Preview: https://www.futuremarketinsights.com/reports/tunable-diode-laser-analyser-market
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube