Tunable Diode Laser Analyzer Market Analysis By Measurement-Type (In-Situ, Others), By Industrial Application (Power, Oil & Gas, Mining & Metal, Healthcare, Chemicals, Fertilizers, Paper & Pulp, Cement) And Segment Forecasts To 2024

Published: Aug, 2016 | Pages: 73 | Publisher: Grand View Research
Industry: Electronics | Report Format: Electronic (PDF)

The global tunable diode laser analyzer market size is expected to reach USD 831.7 million by 2024, according to a new report by Grand View Research, Inc. The bullish growth prospects of the tunable diode laser analyzer market can be attributed to the rapid industrialization and an increasing need for real-time and efficient atmospheric toxic gas measurement and analysis.

Favorable initiatives and regulations by the government and regulatory bodies worldwide regarding industrial emissions across various industry sectors are anticipated to bolster the market growth over the forecast period. Advanced TDL based analyzers have the ability to detect and measure toxic gases such as oxides of carbon, nitrogen, and sulfur along with oxygen and water in very low air density environments accurately. The adoption of TDLAs involves low maintenance cost, seamless detection abilities, and stability, making them preferable over other gas detectors across the end-use industries.

However, the high costs of R&D and interoperability issues are expected to hinder the industry growth over the forecast period. The accessibility to cheaper substitute devices and methods may affect the industry growth in the coming years.

Further key findings from the report suggest:

The TDLA industry, on the basis of measurement-type, can be segmented into in-situ and others such as extractive-based measurements. The in-situ or on-site type TDLA segment accounted for nearly 65% of the global market share in 2015, owing to the ease of customization, lower cost of ownership, and the control it offers.

Oil & gas industrial applications contributed to approximately 25% of the overall TDLA market revenue in 2015 and are anticipated to witness a steady growth over the coming years. Such growth can be accredited to the growing demand for the detection of complex hydrocarbon gases and water across upstream, downstream, and midstream process flows across refineries and petrochemical industries.

The demand for TDLAs in the mining & metal industry was estimated to reach over USD 130 million by 2024, growing at a CAGR of nearly 8% over the next six years. The increasing regulations and safety norms regarding harmful emissions near mining sites are expected to drive the demand for such equipment.

In 2015, The Asia Pacific tunable diode laser analyzer market accounted for over 25% of the overall market share and is expected to witness a substantial growth over the next eight years. The developing economies of the region, such as India, China, and Japan, are anticipated to offer broad growth avenues for the regional industry growth, owing to the increasing industrialization and modernization of processes in industries including power generation and oil & gas, eventually leading to a surge in the adoption of TDLAs.

Technological and product innovations drive such a highly dynamic industry. Prominent market players include Siemens AG, ABB Ltd., Yokogawa Electric Corporation, and Endress+Hauser. Vendors are focusing on expanding their presence through inorganic growth strategies such as mergers and acquisition for portfolio enhancement and regional expansion. Moreover, manufacturers are increasingly offering after-sales support and services for their TDLA equipment through its entire lifecycle, from installation to calibration and preventive maintenance repair of the equipment.

Table of Contents

Chapter 1. Methodology and Scope
1.1. Research methodology
1.2. Research scope and assumptions
1.3. List of data sources
Chapter 2. Executive Summary
Chapter 3. Market Snapshot
3.1. Tunable Diode Laser Analyzer (TDLA) - Market snapshot and key buying criteria, 2013 - 2024
Chapter 4. TDLA Industry Outlook
4.1. Market segmentation
4.2. Market size and growth prospects
4.3. TDLA value chain analysis
4.4. TDLA system market dynamics
4.4.1. Market driver analysis
4.4.1.1. Increasing demand for the measurement of toxic gasses in the atmosphere
4.4.1.2. Rising demand for safety devices & TDLAs across industries
4.4.2. Market restraint analysis
4.4.2.1. High cost and lack of awareness
4.5. Industry analysis - Porter's
4.6. TDLA - Company market share analysis, 2015
4.6.1. Key company analysis, 2015
4.7. Penetration & growth prospect mapping
4.8. TDLA - PESTEL analysis
Chapter 5. Market Categorization 1: Measurement - Type Estimates & Trend Analysis
5.1. TDLA market share, by measurement - type, 2015 & 2024
5.2. In - situ
5.2.1. Global market estimates and forecasts, 2013 - 2024
5.3. Others
5.3.1. Global market estimates and forecasts, 2013 - 2024
Chapter 6. Market Categorization 2: Industrial Application Estimates & Trend Analysis
6.1. TDLA market share, by industrial application, 2015 & 2024
6.2. Power
6.2.1. Global market estimates and forecasts, 2013 - 2024
6.3. Oil & Gas
6.3.1. Global market estimates and forecasts, 2013 - 2024
6.4. Mining & Metal
6.4.1. Global market estimates and forecasts, 2013 - 2024
6.5. Healthcare
6.5.1. Global market estimates and forecasts, 2013 - 2024
6.6. Chemicals
6.6.1. Global market estimates and forecasts, 2013 - 2024
6.7. Fertilizers
6.7.1. Global market estimates and forecasts, 2013 - 2024
6.8. Paper & Pulp
6.8.1. Global market estimates and forecasts, 2013 - 2024
6.9. Cement
6.9.1. Global market estimates and forecasts, 2013 - 2024
6.10. Others
6.10.1. Global market estimates and forecasts, 2013 - 2024
Chapter 7. Market Categorization 3: Regional Estimates & Trend Analysis, by Measurement - Type & Industrial Application
7.1. TDLA market share, by region, 2015 & 2024
7.2. North America
7.2.1. TDLA market by measurement - type, 2013 - 2024
7.2.2. TDLA market by industrial application, 2013 - 2024
7.3. Europe
7.3.1. TDLA market by measurement - type, 2013 - 2024
7.3.2. TDLA market by industrial application, 2013 - 2024
7.4. Asia Pacific
7.4.1. TDLA market by measurement - type, 2013 - 2024
7.4.2. TDLA market by industrial application, 2013 - 2024
7.5. RoW
7.5.1. TDLA market by measurement - type, 2013 - 2024
7.5.2. TDLA market by industrial application, 2013 - 2024
Chapter 8. Competitive Landscape
8.1. ABB Ltd.
8.1.1. Company Overview
8.1.2. Revenue Analysis
8.1.3. Product Benchmarking
8.1.4. Strategic Development
8.2. Emerson Electric Co.
8.2.1. Company Overview
8.2.2. Revenue Analysis
8.2.3. Product Benchmarking
8.2.4. Strategic Development
8.3. General Electric Corporation
8.3.1. Company Overview
8.3.2. Revenue Analysis
8.3.3. Product Benchmarking
8.3.4. Strategic Development
8.4. Mettler-Toledo International Inc
8.41. Company Overview
8.42. Revenue Analysis
8.43. Product Benchmarking
8.44. Strategic Development
8.5. Norsk Elektro Optikk (NEO) Monitors AS
8.5.1. Company Overview
8.5.2. Revenue Analysis
8.5.3. Product Benchmarking
8.5.4. Strategic Development
8.6. Servomex
8.6.1. Company Overview
8.6.2. Revenue Analysis
8.6.3. Product Benchmarking
8.6.4. Strategic Development
8.7. Sick AG
8.7.1. Company Overview
8.7.2. Revenue Analysis
8.7.3. Product Benchmarking
8.7.4. Strategic Development
8.8. Endress+Hauser
8.8.1. Company Overview
8.8.2. Revenue Analysis
8.8.3. Product Benchmarking
8.8.4. Strategic Development
8.9. Siemens AG
8.9.1. Company Overview
8.9.2. Revenue Analysis
8.9.3. Product Benchmarking
8.9.4. Strategic Development
8.10. Yokogawa Electric Corporation
8.10.1. Company Overview
8.10.2. Revenue Analysis
8.10.3. Product Benchmarking
8.10.4. Strategic Development

List of Tables


TABLE 1 Global TDLA market, 2014 - 2024 (USD Billion)
TABLE 2 Global TDLA estimates and forecasts by region, 2014 - 2024 (USD Million)
TABLE 3 Global market estimates and forecasts by measurement - type, 2014 - 2024 (USD Million)
TABLE 4 Global market estimates and forecasts by industrial application, 2014 - 2024 (USD Million) 
TABLE 5 TDLA - Key market driver impact
TABLE 6 TDLA - Key market restraint impact
TABLE 7 Global in - situ TDLA market by region, 2014 - 2024 (USD Million)
TABLE 8 Global others TDLA market by region, 2014 - 2024 (USD Million)
TABLE 9 Global TDLA demand in power application by region, 2014 - 2024 (USD Million)
TABLE 10 Global TDLA demand in oil & gas application by region, 2014 - 2024 (USD Million)
TABLE 11 Global TDLA demand in mining & metal application by region, 2014 - 2024 (USD Million)
TABLE 12 Global TDLA demand in healthcare application by region, 2014 - 2024 (USD Million)
TABLE 13 Global TDLA demand in chemicals application by region, 2014 - 2024 (USD Million)
TABLE 14 Global TDLA demand in fertilizers application by region, 2014 - 2024 (USD Million)
TABLE 15 Global TDLA demand in paper & pulp application by region, 2014 - 2024 (USD Million)
TABLE 16 Global TDLA demand in cement application by region, 2014 - 2024 (USD Million)
TABLE 17 Global TDLA demand in other applications by region, 2014 - 2024 (USD Million)
TABLE 18 North America market by measurement-type, 2014 - 2024
TABLE 19 North America market by industrial application, 2014 - 2024
TABLE 20 Europe market by measurement-type, 2014 - 2024
TABLE 21 Europe market by industrial application, 2014 - 2024
TABLE 22 Asia Pacific market by measurement-type, 2014 - 2024
TABLE 23 Asia Pacific market by industrial application, 2014 - 2024
TABLE 24 RoW market by measurement-type, 2014 - 2024
TABLE 25 RoW market by industrial application, 2014 - 2024