Tunable Diode Laser Analyzer (TDLA) Market

Tunable Diode Laser Analyzer (TDLA) Market worth $569 million by 2025

The report "Tunable Diode Laser Analyzer (TDLA) Market by Methodology (In-Situ and Extractive), Gas Analyzer Type (Oxygen,, Ammonia, COX, Moisture, CxHx, HX), Industry (Oil & Gas, Cement, Power), and Geography - Global Forecast to 2025"According to the new research report the global tunable diode laser analyzer market is expected to reach USD 569 million by 2025 from an estimated USD 400 million in 2020, at a CAGR of 7.3% from 2020 to 2025. The growth of the TDLA market can also be attributed to the increased process automation and surged demand for boilers and DeNOx systems from various industries.

Browse 138 market data Tables and 70 Figures spread through 212 Pages and in-depth TOC on "Tunable Diode Laser Analyzer (TDLA) Market by Methodology (In-Situ and Extractive), Gas Analyzer Type (Oxygen,, Ammonia, COX, Moisture, CxHx, HX), Industry (Oil & Gas, Cement, Power), and Geography - Global Forecast to 2025"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/tunable-diode-laser-analyzer-market-120588467.html

In situ methodology is projected to grow at the highest CAGR during the forecast period

With the in situ methodology, the TDLA is directly installed in the duct, stack, or process stream to measure various gases, such as oxygen, carbon monoxide, carbon dioxide, etc. The TDLA used for in situ-based methodologies is a specially designed product that is used to measure the concentration of gases based on population data. This method helps increase accuracy. This, along with the low prices associated with in situ TDLA, makes it different from extractive TDLA. Owing to this, the in situ methodology is projected to grow at the highest CAGR during the forecast period.

The market for the oxygen analyzer is projected to grow at the highest CAGR during the forecast period

Oxygen is one of the most abundantly found gases in industrial processes. Oxygen analyzers decide the level of oxygen in various processes. These analyzers are used in many process industries, such as Oil and Gas, metals and mining, power, cement, Semiconductors, and chemical & pharmaceutical. These analyzers are used to detect the level of O2 in boiler combustion control, oxygen measurement in flammable gas mixtures, and environmental monitoring at reflow furnaces and globe boxes. Oxygen-based gas analyzers provide reliable O2 concentration data to permit optimization of fuel consumption, increase combustion, improve process control, and reduce air pollution. Also, technological advancements in oil & gas and chemical & petrochemical sectors in the Americas expected to increase the demand for oxygen analyzer. Thus, the market for the oxygen analyzer is projected to grow at the highest CAGR during the forecast period.

TDLA market in the Americas to grow at the second highest CAGR during the forecast period

The key driving factors for the TDLA market in the Americas are the wide presence of chemical and pharmaceutical in North America region, expansion of TDLA companies in various countries region, and increasing partnerships projects of TDLA manufacturer with distribution channels for the supply of TDLA in the Americas.

Emerson Electric Co. (US), Yokogawa Electric Corporation (Japan), Servomex (Spectris) (UK), SpectraSensors (Endress+Hauser) (Switzerland), AMETEK Inc. (US), ABB Ltd. (Switzerland), Mettler-Toledo International Inc. (Switzerland), NEO Monitors (Norway), SICK AG (Germany), and Siemens AG (Germany) are some of the key players in the tunable diode laser analyzer market.

The scope of the report covers detailed information regarding major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the TDLA market. A detailed analysis of the key industry players has been carried out to provide insights into their business overviews, product offerings, and key strategies, such as contracts, product launches, collaborations, partnerships, agreements, expansions, and acquisitions associated with the TDLA market.

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Tunable Diode Laser Analyzer (TDLA) Market Size,  Share & Growth Report
Report Code
SE 3077
PR Published ON
11/2/2020
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