Global Tunable Diode Laser Analyzer (TDLA) Market Will Grow at a CAGR of 8% during 2019-2023 | Technavio

Technavio has announced the release of their research report on the
global tunable laser analyzer (TDLA) market for the forecast period
2019-2023. This global tunable diode laser analyzer market analysis
report segments the market by type (in-situ and extractive) and
geography (APAC, Europe, MEA, North America, and South America).

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Technavio has published a new market research report on the global tunable diode laser analyzer (TDLA) market from 2019-2023. (Graphic: Business Wire)

Global tunable diode laser analyzer market size will grow by USD 211.38
million during 2019-2023, at a CAGR of about 8%. Portable tunable diode
analyzer systems are easy to install and operate. Their small size and
portability make the measurement operation easy even in confined areas.
Portable gas analyzers are increasingly used in oil and petroleum
refineries and mining sites. They work flawlessly in real-time
environments for the detection of specific components in the surrounding
area. The increasing demand for portable analyzers has encouraged many
vendors to launch advanced products in the market. For instance,
AMETEK’s 5100P portable TDLA is specifically designed for measuring H₂O
concentration in natural gas pipelines as well as processing and fuel
lines. The technology eliminates the need for routine calibrations,
frequent maintenance and increases the measurement uptime. The trend of
adopting portable TDLAs is expected to increase during the forecast
period, driving the growth of the global tunable laser analyzer market.

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Increasing implementation of selective
catalytic reduction (SCR) technology

SCR technology is widely used in the DeNO_X systems backed
with TDLAs. Such systems are mostly used in coal-fired thermal power
plants because of high flue gas emissions. The integration of SCR
technology with DeNO_X systems improves environmental
conditions and improves overall site safety. Rapid urbanization and
developments in various industries are increasing power consumption.
This is increasing the demand for DeNO_X systems and will
drive the adoption of TDLAs. Recently, MITSUBISHI HITACHI POWER SYSTEMS
received an order from the Taiwan Power Company for the delivery of
low-NO_x combustors. The order also includes the upgradation
of seven gas turbines as well as the supply of spare components. The
increasing implementation of SCR technology among many such thermal
power plants will drive the growth of the global tunable diode analyzer
market.

“The APAC region has many semiconductor manufacturing plants located
in countries like China, Taiwan, and South Korea. Semiconductor plants
use TDLAs for measuring and monitoring the impurities present in
nitrogen trifluoride gas, which is used for cleaning process chambers.
Also, the construction of new cement manufacturing factories in the
region will increase the demand for TDLAs. The presence of oil and gas,
petrochemical and semiconductor manufacturing plants in the North
American region will contribute to the growth in demand for TDLAs. North
America is one of the top producers of petroleum and natural gas, and
the US dominates crude oil production in the region. These factors will
collectively contribute to the growth of the global tunable diode
analyzer market over the forecast period”, says an analyst at
Technavio.

Foxconn Electronics recently announced its plans to invest heavily in a
new chip manufacturing plant in Zhuhai, China. The company is also
planning to form a joint venture with SHARP and the Zhuhai Government
for the project. SK HYNIX also announced its plans to invest in building
a new semiconductor chip manufacturing plant in South Korea. The
construction of the plant is expected to be completed by the end of
2020. Rising investments in many such construction activities will
increase the adoption of TDLAs during the forecast period.

View
snapshot of the report for a more detailed overview of
the market and the segmentation covered in this report

This global tunable diode laser analyzer market industry research report
provides an in-depth analysis of the major drivers, upcoming trends, and
challenges that will impact market growth over the forecast period. The
report analyzes the competitive landscape and offers details on several
tunable diode laser analyzer manufacturers including -

• ABB
• AMETEK.Inc.
• Endress+Hauser Management AG
• METTLER TOLEDO
• Yokogawa Electric Corporation

Some of the key topics covered in the report include:

Market Landscape

• Market ecosystem
• Market characteristics
• Market segmentation analysis

Market Sizing

• Market definition
• Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

• Regional comparison
• Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Competitive scenario

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500 companies.

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