Dublin, June 29, 2023 (GLOBE NEWSWIRE) -- The "Global Tunable Diode Laser Analyzer (TDLA) Market by Methodology (In situ, Extractive); Gas Analyzer (Oxygen, Ammonia, COx, Moisture, CxHx, Hx), Device (Portable, Fixed), Industry (Oil & Gas, Chemical & Pharmaceutical, Power) and Region - Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
The tunable diode laser analyzer market is projected to reach USD 795 million by 2030 from USD 496 million in 2023, at a CAGR of 7.0% from 2023 to 2030
The major factors driving the market growth of the tunable diode laser analyzer market include increased process automation in various end-use industries.
Rising industrialization and development of new power plants
The concentration of harmful gases, like as nitrogen oxides (NOx) and sulphur dioxide (SO2), which are subject to regulation by numerous environmental agencies because of their detrimental effects on both human health and the environment, can also be monitored using TDLA technology.
Development and deployment of new power plants and upgradation of existing are coming up to meet the growing demand of electricity. Heavy government spending across globe and replacement & upgradation of traditional analyzers with tunable diode laser analyzers is anticipated to fuel market growth of TDLA market in coming years.
Rising demand for tdla analyzers in medical devices to drive market
TDLA is a versatile tool in the chemical industry, providing real-time gas analysis, emissions monitoring, and process optimization capabilities. Its ability to measure a wide range of gases accurately makes it valuable for maintaining process efficiency, product quality, and environmental compliance.
TDLAs are integrated into incubators used in neonatal care units to monitor the concentrations of gases, such as oxygen, carbon dioxide, and volatile anesthetics. TDLAs are also utilized in respiratory devices, such as ventilators and respiratory gas analyzers, for gas analysis and control.
Demand for organic fertilizers to fuel market
Fertilizers are a vital part of the agriculture industry and contain urea, ammonium salts (ammonium phosphates, ammonium nitrate, and calcium ammonium nitrate), and solutions of ammonia. Ammonia is a byproduct of animal waste and fertilizer application in agricultural practices. High levels of ammonia can have detrimental effects on crop growth, soil health, and livestock welfare.
North America is expected to account for the second largest market share during the forecast period
The market in the Americas accounted for the second largest share of the TDLA market in 2030. The region has further been segmented into North America and South America.
The key driving factors for the TDLA market in the Americas is the expanding growth of the chemical & pharmaceutical industry in North America; the expansion of TDLA companies in various countries; and increasing partnerships & collaborations of TDLA manufacturers with distribution channels for the supply of TDLA in the Americas.
Competitive landscape
The major players of tunable diode laser analyzer market are Emerson Electric Co. (US), Yokogawa Electric Corporation (Japan), Servomex Limited (UK), SpectraSensors (US), and AMETEK Inc. (US) among others.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 197 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $496 Million |
| Forecasted Market Value (USD) by 2030 | $795 Million |
| Compound Annual Growth Rate | 7.0% |
| Regions Covered | Global |
Premium Insights
- Rising Industrialization and Development of New Power Plants to Drive Market
- Chemical & Pharmaceutical Industry to Register Highest CAGR During Forecast Period
- in Situ Segment to Account for Largest Market Share During Forecast Period
- Oxygen Analyzers Segment to Grow at Highest CAGR During Forecast Period
- Oil & Gas Segment Accounted for Largest Market Share in the US
- India to Grow at Highest CAGR During Forecast Period
Market Dynamics
Drivers
- Rising Industrialization and Development of New Power Plants
- Advanced Features of Tdlas and Rois on Installations
- Increased Process Automation in End-Use Industries
Restraints
- Availability of Low-Price Competitive Technologies
- Calibration and Regular Maintenance of TDLA Systems
Opportunities
- Modernization and Migration Services
- Growing Need for Advanced Environmental Monitoring
Challenges
- Impact of Lead Time
Value Chain Analysis
- Ecosystem
- Average Selling Price Trend
Technological Analysis
- Emerging Technology Trends in TDLA Market
- Raman Analyzers
- Cavity Ring-Down Spectroscopy (Crds)
- Quantum Cascade Lasers
Company Profiles
Key Players
- Emerson Electric Co.
- Yokogawa Electric Corporation
- Spectris
- Endress+Hauser Group Services Ag
- Ametek Inc.
- ABB
- Mettler Toledo
- Sick Ag
- Siemens
- Sensit Technologies
- Pergam-Suisse Ag
- Tokyo Gas Engineering Solutions Corporation
- Heath Consultants Incorporated
- Hanwei Electronics Group Corporation
Other Players
- Honeywell International Inc.
- Fpi Group
- Teledyne Analytical Instruments
- Kimoinstruments.Com
- Bruker
- Metrohm Ag
- Perkinelmer Inc.
- Testo Se & Co. KGaA
- Horiba, Ltd.
- Fuji Electric Co., Ltd.
- Envea
- General Electric
- Infrared Cameras Inc.
For more information about this report visit https://www.researchandmarkets.com/r/g1u9ab
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