Tunable Diode Laser Analyser Market

Tunable Diode Laser Analyser Market Overview

The global tunable diode laser analyzer market is estimated to create an incremental opportunity of US$ 435 Mn by the end of 2022. The sales of tunable diode laser analyzers is expected to exceed US$ 800 Mn by 2032, rising at a robust CAGR of 9% during the forecast period 2022-2032. Increasing introduction of novel tunable diode laser analyzer with advance features and emergence of return on investment policies on installation is bolster the growth in the market.

A tunable diode laser analyzer is a sophisticated inspection device designed for measuring the concentration of a specific compound or gas within a gas mixture using innovative laser absorption spectrometry technology. This analyzer identifies the chemical composition of elements and measures their concentration without any contact by irradiating the sample with light of a tunable diode laser. Attributed to this, it is increasingly being used to identify the concentration of sample gas across high selectivity of gas components applications.

Tunable diode laser analyzers are gaining a wide range of applications across industries such as petrochemical, food & beverage, oil & gas, and energy & utility for identifying the proportion of gases such as carbon dioxide, methane, water vapors, flare gas, tail gas, and others. These measuring devices makes use of highly responsive and accurate measuring signals for process control systems, which assists in enhancing safety, improving yield, and energy efficiency in various industrial processes.

Which are Some Prominent Drivers Spearheading Tunable Diode Laser Analyzer Market Growth?

As the trend of industry 4.0 continues to create deeper inroads across diverse industries, a significant rise in adoption of process automation technologies is being witnessed, especially across emerging economies such as China, India, Australia, South Korea, and others.

Also, governments in several countries are emphasizing on increasing the industrial production capacity, promoting industrial automation to expand their manufacturing sectors. For instance, according to the India Brand Equity Foundation (IBEF), in 2021, the Department of Heavy Industries announced introducing Samarth Udyog Bharat 4.0 initiative for augmenting the implementation of process automation and innovative technologies to expand the manufacturing sector across India by the end of 2025.

Tunable diode laser analyzers are automated technologies used for measuring the composition of industrial gases emission and identification of toxic gases such as carbon monoxide, oxides of nitrogen, and others across the industrial sector. Thus, a multiplicity of such initiatives are expected to accelerate the sales in the global tunable diode laser analyzers market.

What are the Challenges Faced by the Tunable Diode Laser Analyzer Market?

Although tunable diode laser analyzers provide numerous advantages, extravagant initiation costs and large amount of time required for designing, manufacturing, and installation of industry-specific tunable diode laser analyzers to required sites are hampering the growth in the market.

Apart from tunable diode laser analyzers, there are numerous low-cost gas measurement technologies available such as thermal conductivity gas analyzer, ORSAT apparatus, IR gas analyzer, gas chromatograph, paramagnetic gas analyzer, and others, which is in turn, hindering the sales in the market.

Also, increasing industrial players’ inclination towards adopting application-specific gas measurement devices, such as methanometer for measuring methane concentration in mixtures, is further impacting the growth in the tunable diode laser analyzers market.

Why is Asia Pacific Excluding Japan Emerging as a Leading Tunable Diode Laser Analyzer Market?

As per FMI, Asia Pacific excluding Japan is expected to emerge as a highly remunerative market for tunable diode laser analyzers between 2022 and 2032.

With increasing demand for power, owing to the rapidly expanding industrial sector, governments across Asia Pacific countries are extensively aiming at increasing their power generation production.

For instance, according to the Global Entrepreneurship Monitor (GEM), the Indian Government has made a huge investment in the coal-based power generation sector and announced nearly 23 coal plants are in the pre-construction phase and 28 coal plants are being constructed across India to meet the surging demand for power in the country.

As tunable diode laser analyzers are used to monitor the level of emission at numerous checkpoints such as DeNOx, and boilers, used in power generations, increasing number of coal-based power plants are estimated to augment the demand in the Asia Pacific excluding Japan market.

Nikhil Kaitwade

Principal Consultant

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How is North America Contributing to the Growth of the Tunable Diode Laser Analyzer Market?

Future Market Insights reveals that North America is expected to exhibit robust growth in the global tunable diode laser analyzer market over the forecast period 2022-2032.

Regulatory bodies such as Environmental Protection Agency in the U.S. are implementing several stringent regulations to curb the emission of greenhouse gases and solid waste, owing to the rising concerns regarding environmental sustainability. Thus, several players in the market are emphasizing on launching novel products with innovative features to assist industrial players to monitor their industrial gases emission.

For instance, in 2019, Emerson, an American multinational corporation announced launching a new hybrid quantum cascade and tunable diode laser, RosemountTM 4400. It is a continuous gas analyzer designed to help manufacturing facilities accurately monitor emissions of components, such as carbon monoxide (CO), nitrogen dioxide (NO2), nitric oxide (NO), sulfur dioxide (SO2), and others. A slew of such new product launches is expected to favor the growth in the North America market.

Market Competition

Some of the leading players in the tunable diode laser analyzer market are Emerson Electric Co., Yokogawa Electric Corporation, Servomex, Honeywell, Sick AG, Neo Monitors, Mettler Toledo, ABB Ltd., Siemens AG, and AMETEK Inc.

Attributed to the presence of such high number of participants and increasing high performance product launches, the market is highly competitive.

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Report Scope

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