Tunable Diode Laser Analyzer Market set to grow at Healthy CAGR by 2028

According to the latest research report on “Tunable Diode Laser Analyzer Market Forecast to 2028 – COVID-19 Impact and Global Analysis,” published by The Insight Partners, the market is expected to grow from US$ 590.89 million in 2021 to US$ 935.33 million by 2028; it is estimated to grow at a CAGR of 7.0% from 2022 to 2028. The Tunable Diode Laser (TDL) system, also known as the TruePeak Analyzer, analyses gases in real-time to improve efficiency, safety, and quality as well as follow environmental compliance. TDLs are used for gas analyzers in which gas molecules absorb light at specific colors, called absorption lines. A TDL analyzer consists of optical lenses that focus the laser light through the gas to be measured, a laser that emits infrared light, and a detector. The detector and electronics control the laser and translate the detector signal into a signal representing the gas concentration.

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The global tunable diode laser analyzer market based on geography in the Europe region accounted for the highest share in the global Tunable Diode Laser Analyzer market in 2020. The Asia-Pacific region is expected to grow at the largest CAGR over the forecast period. The Tunable Diode Laser Analyzer market is driven by are increasing demand for boilers and DeNOx systems in various industries, advanced features of TDLA, and return on investment (RoI) on installation. Growing process automation in various industries is another major factor in TDL adoption.

METLER TOLEDO, Teledyne Analytical Instruments, Yokogawa Electric Corporation, ABB Ltd. Emerson Electric are some of the key market players operating in the global Tunable Diode Laser Analyzer market. The listing of key players is derived by considering multiple factors such as overall revenue, current Tunable Diode Laser Analyzer product portfolio, geographical reach, new product launches, market initiatives, and investment in technology up-gradation, partnerships, and other market-related activities.

TDL is becoming increasingly popular in the pharmaceutical & healthcare industries. Further, boilers are widely used in different industrial verticals, including oil & gas, chemical & pharmaceutical, and power generation. Coal-fired power plant boilers account for most of the power plant boiler market. When coal (fuel) is burned, some unburned carbon is released, which is highly reactive and contributes to pollution. Thus, to reduce unburned carbon emissions, the oxygen supply must be increased to ensure proper combustion. TDLAs monitor emission levels at various checkpoints in various industries, including boilers and DeNOx.

The US Clean Air Act, which was revised proposed in 1990 by the Environmental Protection Agency (EPA), focuses on boilers and incinerators that burn solid waste emissions. This Act cover more than 200,000 boilers and incinerators from the US that emit harmful air pollution, such as mercury, cadmium, and particle pollution. As a result, tunable diode laser analysis is in high demand in various industrial facilities. Due to increasing industrialization globally, the scope of using TDLA will rise which is anticipated to fuel tunable diode laser analyzer market.

Tunable diode laser absorption spectroscopy (TDLAS) has been widely used to reduce greenhouse gas emissions and measure combustion gas emissions. Supportive government policies such as the National Emission Standards for Hazardous Air Pollutants (NESHAP) for Industrial, Commercial, and Institutional Area Source Boilers of the US; Clean Air Act of US Climate Protection Plan 2050; and Net Zero-emission by 2050 in developing and developed economies are driving the growth of the tunable diode laser analyzer market. The introduction of policies that encourage the installation of energy-efficient heating systems and a shift in the trend toward zero-emission buildings are further supporting the tunable diode laser analyzer market growth.

As per International Energy Agency (IEA) semiannual Electricity Market Report, July 2021, the global electricity demand is growing for instance it was 5% in 2021 and 4% in 2022 in the first quarter of 2022 and it is expected to increase, which is driven by the economic recovery. With the rapid pace of industrialization globally, there has been a significant rise in demand for energy generation, which can be meth with the new power plant establishments. Many developing and developed economies invest massive amounts in upgrading old power plants and installing modern equipment. With increasing number of power plant installments, the tunable diode laser analyzer market will expand. As the number of power plants increases, the demand for tunable diode laser analyzers will also increase. Thus, rising energy demands are resulting in the new global setup of power plants, which positively impacts tunable diode laser analyzer market growth.

In addition to these players, there are several other important players operating in the tunable diode laser analyzer ecosystems which were studies analyzed during this market research study Siemens AG; Unisearch Associates Inc.; NEO Monitors AS; Axetris AG; and Boreal Laser Inc. Most of the market initiatives were observed in Europe and Asia-Pacific regions, which have a high potential for market-related products, solutions, and services. A few of the important market initiatives from the industry are mentioned below:

In 2022: Seroma has announced its latest product, the Laser 3 Plus Environmental (Laser 3 Plus) – a Tunable Diode Laser (TDL) analyzer used to continuously measure ammonia (NH3) emissions. The gadget could be crucial in assisting plant operators in complying with EPA recommendations, particularly those outlined in Performance Specification 18 (PS18), which is expected to constitute the foundation for future regulation. – Europe

In 2021: Yokogawa Electric Corporation has developed the TDLS8200 probe type tunable diode laser spectrometer. While featuring the same low installation cost, high measurement stability, and high reliability of the preceding TDLS8100, the TDLS8200 will be able to simultaneously measure oxygen, carbon monoxide, and methane gas concentrations directly and at high speed. – Asia-Pacific

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