Tunable Diode Laser Analyzer Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Type (Oxygen Analyzer, Hx Analyzer, Ammonia Analyzer, Moisture Analyzer, COX Analyzer, CxHx Analyzer, Others), By Application (Velocity Measurement, Incineration, Emission Monitoring, Mass Flow Monitoring, Others), By Industry Vertical (Oil And Gas, Metals And Mining, Fertilizers, Cement, Water And Wastewater Treatment, Chemicals And Pharmaceuticals, Pulp And Paper, Semiconductors, Others), And By Geography - Forecasts From 2022 To 2027

Published:  Mar 2022 Report Code: KSI061611814 Pages: 124

The tunable diode laser analyzer market is expected to grow at a compound annual growth rate of 12.67% over the forecast period to reach a market size of US$773.938 million in 2027, from US$335.843 million in 2020.

A tunable diode laser analyzer is an instrument that is used for measuring and detecting the concentration of a specific component or molecule within a gas mixture using a process called laser absorption spectrometry. The laser analyzer produces infrared rays, which are passed through the gas, and by using a detector, the concentration of gas can be determined. The recent technological development in the tunable diode laser analyzer has made them cost-efficient over the years, which is expected to drive its market in the coming years. Besides that, with increasing industrialization and the coming up of new power plants, the demand for DeNOx systems, gas turbines, natural gas fields, and boilers is expected to increase in the future and is expected to drive up the tunable diode laser analyzer market. The major types of analyzers are Oxygen Analyzer, Hx Analyzer, Ammonia Analyzer, Moisture Analyzer, COX Analyzer, and CxHx Analyzer, which are widely used in oil and gas industries, mining, semiconductors, cement, and fertilizer industries.

In 2019, Emerson Electric introduced Rosemount CT4400, a quantum cascade laser and tunable diode laser that helps report accurate amounts of pollutants by monitoring oxygen, sulfur dioxide, carbon monoxide, carbon dioxide, nitrogen dioxide, etc.

Increasing Industrialization and development:

The growing industrialization and development are positively related to the growth of the tunable diode laser analyzer market mainly. The increasing industrialization also increases the demand for boilers and furnaces, which are widely used in oil & gas industries, chemical industries, power plants, etc. Boilers release a huge amount of toxic gases and unburned emissions when burnt, and this brings in the need to use tunable diode laser analyzers. To keep a close monitor on the gases and their composition, industries use tunable diode laser analyzers that help in keeping a check on the pollution level as well. The tunable diode laser analyzers can detect gases like O2, NH3, CO, HCL, etc., at a very low density of air, and amid increasing environmental concerns and government regulations regarding global warming are expected to boost the demand for these analyzers in the future.

Besides that, the low maintenance cost, rapid results, accurate measurements, and its in-situ (directly in contact with the subject) capability that makes it suitable to be applied in toxic environments are some of the other key highlights that are expected to give a boost to this market in the future.

Asia-Pacific to lead the market:

The Asia-Pacific market has witnessed significant growth in the tunable diode laser analyzer market in the past and is expected to continue the trend in the coming years due to growing industrialization and development in the region. Countries like China, India, and Japan are anticipating significant industrial development through foreign direct investment or through private market players, which are expected to boost the laser analyzer market in the future. For instance, in April 2021, Yokogawa Electric Corporation, a Japan-based tunable diode laser analyzer producer, announced that it had developed TDLS 8200 probe type, which can simultaneously measure oxygen, carbon monoxide, and methane gas at high speed.

Substitute gas analyzers:

The major restraint to the growth of this industry is the high availability of other gas analyzers in the market like CB Industrial Gas Analyzers, Non-Dispersive Infrared Industrial Gas Analyzers, EC Industrial Gas Analyzers, Residual Gas Analyzers, Methanometer, Gravimetry Gas Analyzers, etc. These analyzers are used in the oil and gas, chemical, and pharmaceutical industries, and an availability of a range of varieties is expected to give rise to price-based competition. This can serve as a major hurdle for the growth of the tunable diode laser analyzer market in the upcoming future.

Impact of COVID-19 Pandemic on the Tunable Diode Laser Analyzer Market:

COVID-19 global pandemic affected almost every industry and every sector of the economy. The disease, along with curfew, lockdown, disrupted supply chain, lack of labor, etc., hampered the supply and demand side of the product. The pandemic caused the shutting down of the industries, and several power plants for months reduced the use of boilers and furnaces in them, which negatively impacted the tunable diode laser analyzer market. This is because the combustion of boilers and furnaces releases a huge amount of gases, and to control the gases, tunable diode laser analyzers are used. Resuming industries and economies back to work is expected to boost the market and demand for the laser in the coming years.

Tunable Diode Laser Analyzer Market Scope:

Report Metric Details
 Market size value in 2020  US$335.843 million
 Market size value in 2027  US$773.938 million
 Growth Rate  CAGR of 12.67% from 2020 to 2027
 Base year  2020
 Forecast period  2022–2027
 Forecast Unit (Value)  USD Million
 Segments covered  Type, Application, Industry Vertical, And Geography
 Regions covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies covered  Yokogawa Electric Corporation, Servomex Ltd., Neo Monitors AS, ABB, Ametek,   Inc., Boreal Laser Inc., Mettler Toledo, Emerson Electric Co.
 Customization scope  Free report customization with purchase

 

Segmentation:

  • By Type
    • Oxygen Analyzer
    • Hx Analyzer
    • Ammonia Analyzer
    • Moisture Analyzer
    • COX Analyzer
    • CxHx Analyzer
    • Others
  • By Application
    • Velocity Measurement
    • Incineration
    • Emission Monitoring
    • Mass Flow Monitoring
    • Others
  • By Industry Vertical
    • Oil and Gas
    • Metals and Mining
    • Fertilizers
    • Cement
    • Water and Wastewater treatment
    • Chemicals and Pharmaceuticals
    • Pulp and Paper
    • Semiconductors
    • Others
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • U.K.
      • Germany
      • France
      • Others
    • Middle East and Africa
      •  UAE
      • South Africa
      • Israel
      • Saudi Arabia
      • Others
    • Asia-Pacific
      • China
      • Japan
      • India
      • Australia
      • Taiwan
      • South Korea
      • Others

Frequently Asked Questions (FAQs)

Q1. What will be the tunable diode laser analyzer market size by 2027?
A1. The tunable diode laser analyzer market is expected to reach a total market size of US$773.938 million by 2027. 


Q2. What are the growth prospects for the tunable diode laser analyzer market?
A2. The global tunable diode laser analyzer market is expected to grow at a CAGR of 12.67% over the forecast period. 


Q3. What is the size of the global tunable diode laser analyzer market?
A3. Tunable Diode Laser Analyzer Market was valued at US$335.843 million for the year 2020. 


Q4. Which region holds the largest market share in the tunable diode laser analyzer market?
A4. The Asia-Pacific market has witnessed significant growth in the tunable diode laser analyzer market due to growing industrialization and development in the region.


Q5. What factors are anticipated to drive the tunable diode laser analyzer market growth?
A5. The growing industrialization and development are positively related to the growth of the tunable diode laser analyzer market mainly. 

1. INTRODUCTION
1.1. Market Definition
1.2. Market Segmentation

2. RESEARCH METHODOLOGY
2.1. Research Data
2.2. Assumptions

3. EXECUTIVE SUMMARY
3.1. Research Highlights

4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. The Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis

5. TUNABLE DIODE LASER ANALYZER MARKET ANALYSIS, BY TYPE
5.1. Introduction
5.2. Oxygen Analyzer
5.3. Hx Analyzer
5.4. Ammonia Analyzer
5.5. Moisture Analyzer
5.6. COX Analyzer
5.7. CxHx Analyzer
5.8. Others

6. TUNABLE DIODE LASER ANALYZER MARKET ANALYSIS, BY APPLICATION
6.1. Velocity Measurement
6.2. Incineration
6.3. Emission Monitoring
6.4. Mass Flow Monitoring
6.5. Others

7. TUNABLE DIODE LASER ANALYZER MARKET ANALYSIS, BY END-USERS
7.1. Introduction
7.2. Oil and Gas
7.3. Metals and Mining
7.4. Fertilizers
7.5. Cement
7.6. Water and Wastewater treatment
7.7. Chemicals and Pharmaceuticals
7.8. Pulp and Paper
7.9. Semiconductors
7.10. Others

8. TUNABLE DIODE LASER ANALYZER MARKET ANALYSIS, BY GEOGRAPHY 
8.1.  Introduction
8.2.  North America
8.2.1. USA
8.2.2. Canada
8.2.3. Mexico
8.3. South America
8.3.1. Brazil
8.3.2. Argentina
8.3.3. Others
8.4. Europe
8.4.1. U.K.
8.4.2. Germany
8.4.3. France
8.4.4. Others
8.5.  Middle East and Africa
8.5.1. UAE
8.5.2. South Africa
8.5.3. Israel
8.5.4. Saudi Arabia
8.5.5. Others
8.6. Asia Pacific
8.6.1. China
8.6.2. Japan
8.6.3. India
8.6.4. Australia
8.6.5. Taiwan
8.6.6. South Korea
8.6.7. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS
9.1. Major Players and Strategy Analysis
9.2.  Emerging Players and Market Lucrativeness
9.3.  Mergers, Acquisitions, Agreements, and Collaborations
9.4.  Vendor Competitiveness Matrix

10. COMPANY PROFILES
10.1. Yokogawa Electric Corporation
10.2. Servomex Group Ltd.
10.3. Neo Monitors AS
10.4. ABB
10.5. Ametek, Inc.
10.6. Boreal Laser Inc.
10.7. Mettler Toledo
10.8. Emerson Electric Co. 

Yokogawa Electric Corporation

Servomex Ltd.

Neo Monitors AS

ABB

Ametek, Inc.

Boreal Laser Inc.

Mettler Toledo

Emerson Electric Co.

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