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Tunable Diode Laser Analyzer Market Expand at a CAGR of 10.2% during the forecast period of 2015 to 2021

Press Release   •   Nov 16, 2016 06:53 EST

The global market for tunable diode laser analyzer has been covered under the scope of this report. Tunable Diode Laser Analyzer (TDL analyzer) is a device used in measuring and identifying the amount of water, methane, carbon dioxide in various gas mixtures. The Tunable laser analyzer consists of transmitting optics, light source, receiving optics, gas absorption. The TDL analyzer can help in detecting HCL, O2, HF, CO, NH3, CO2, N2O, H2O, NO2, NO, and CH4. The TDL analyzer is ideal for making cross-section measurements and combustion control application in power generation and hydrocarbon processing. The tunable diode laser analyzer market by its industrial application has been segmented into power, oil and gas, mining and metal, healthcare, chemical, fertilizer, pulp and paper and cement. TDLA can detect and measure gas concentration at very low concentration level. Even during trace gas analysis, advanced TDLAs are able to provide precise information regarding chemical composition of gaseous composition. More advanced TDLAs use platform design enabled with in situ (directly in contact with the subject material) measurements that has eradicated the requirement of sample extraction and conditioning.

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The TDLA is a new technology and is expected to experience considerable growth through the forecast period from 2015 to 2021. Rise in demand for toxic gas measurement and growing concern regarding ill effect of hazardous gases in mines or in oil and gas fields are driving the application of TDLA analyzer.

The global TDLA market is segmented by region in North America, Europe, Asia-Pacific (APAC) and Rest of the World (RoW). Asia Pacific led the global TDLA market in 2014 and is also expected to account for highest market share in 2021. The growth of TDLA market in Asia Pacific is triggered by rising demand for critical gas level measurement in mines, oil and gas field and chemical plants among others.

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The global TDLA market is segmented on the basis of measurement types into In Situ and others. In Situ measurement accounted for highest market revenue share in 2014 and is expected to hold its market leadership position throughout forecast period. Problems and degree of measurement faults associated with gas sample extraction and conditioning is driving the adaptation of In Situ measurement.

The global TDLA market is segmented on the basis of industry application into power, oil & gas, mining & metal, healthcare, chemical, fertilizer, pulp and paper, cement and others. Oil & gas sector accounted for highest market revenue share in 2014 and is expected to retain its market leadership position during the forecast period from 2015 to 2021. Rising demand of low concentration gas detection and complex hydrocarbon gas detection throughout upstream, midstream and downstream activities in oil fields are driving the growth of application of TDLAs in oil & gas sector.

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Key players operating in the tunable diode laser analyzer market are ABB Ltd. (Switzerland), Honeywell International Inc. (U.S), Siemens AG (Germany), Yokogawa (Japan), Neo monitors (Norway), Sick AG (Germany), Servomex (United Kingdom), Mettler Toledo (Switzerland), Emerson Electric Co. (U.S) and General Electric’s Corp. (U.S).