companies to meet the quality specifications and to protect the corrosion of pipelines. In addition, TDLAs are
also used for the detection of corrosive sulfur compounds in refineries, which may incur the high cost of
operation and maintenance for the process infrastructure.
TDLAs application in the healthcare industry is expected to see a substantial growth in the demand over the
next decade. The segment is estimated to grow the fastest at a CAGR of over 9% over the forecast period.
Regional Insights
Due to the increasing industrialization, the Asia Pacific region is anticipated to come as a predominant market
which accounts for over 35% of the global demand for TDLA devices in 2015 and growing at a CAGR of over 10%
over the forecast period.
Developing economies, such as China and India, are anticipated to see the growth in different industries which
includes metal & mining, pulp & paper, power generation, and cement, which provides the base for the
installation of TDLAs over the traditional analyzing devices. Stringent industrial emissions norms and regulations
by the Environmental Protection Agency in the U.S. are expected to drive the demand for advanced TDLAs in
the region.
Competitive Insights
The market participants in the global tunable diode laser analyzer market include Yokogawa Electric
Corporation, Servomex, Siemens AG, Honeywell International Inc., Sick AG, Emerson Process Management, ABB
Ltd., Neo Monitors, Mettler Toledo, and Ametek Process Instruments. Among these ABB, Siemens and
Yokogawa hold significant market share.
Market Segment:
Tunable Diode Laser Analyzer Measurement-Type Outlook (Revenue, USD Million, 2014 - 2024)
• In-situ
• Others
Tunable Diode Laser Analyzer Industrial Application Outlook (Revenue, USD Million, 2014 - 2024)
• Power
• Oil & Gas
• Mining & Metal
• Healthcare
• Chemicals