DUBLIN, Oct. 31, 2023 /PRNewswire/ — The “Tunable Diode Laser Analyzer (TDLA) – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
The global Tunable Diode Laser Analyzer (TDLA) market, valued at USD 493.4 million in 2022, is projected to reach USD 1 billion by 2030, with a compound annual growth rate (CAGR) of 9.3% during the forecast period from 2022 to 2030. Among the segments analyzed, In-Situ is anticipated to record a CAGR of 9.8%, reaching USD 725.3 million by 2030. The Extractive segment is estimated to grow at a CAGR of 8% over the next eight years.
Key Market Insights:
- In-Situ Segment: This segment is expected to exhibit significant growth, with a CAGR of 9.8%, reaching USD 725.3 million by 2030.
- Extractive Segment: Growth in this segment is estimated at a CAGR of 8% during the forecast period.
- Geographic Trends: The U.S. market is estimated at USD 125.2 million in 2022, while China is forecasted to grow at a CAGR of 10.6% to reach USD 194.3 million by 2030. Japan and Canada are also noteworthy markets, each expected to grow at 8% and 8.7%, respectively. Germany, within Europe, is forecasted to grow at approximately 8% CAGR.
Key Competitors:
The Tunable Diode Laser Analyzer (TDLA) market features a total of 42 key competitors, including:
- AMETEK, Inc.
- Fuji Electric Co., Ltd.
- Horiba Ltd.
- Campbell Scientific, Inc.
- Modcon Systems Ltd.
- Advanced Micro Instruments, Inc.
- Esders GmbH
- Focused Photonics, Inc.
- Galvanic Applied Sciences, Inc.
- NEO Monitors AS
- Michell Instruments Inc.
- Applied Analytics, Inc.
- COSA Xentaur
- Hobre Laser Technology kft
- KITECH (Korea Institute of Industrial Technology)
Economic Outlook:
The global economic outlook is showing signs of improvement, with growth recovery expected in the coming years. The United States, although experiencing slowing GDP growth due to tight monetary and financial conditions, has overcome the recession threat. China is expected to witness strong GDP growth as the pandemic recedes, and India is on track to become a trillion-dollar economy by 2030.
Challenges remain, including slower-than-expected decline in global headline inflation, food and fuel inflation in many developing countries, high retail inflation, and continued impact on consumer confidence and spending. Governments are addressing these challenges, and there is a push to mainstream climate change into economic decisions.
New technologies, including AI, machine learning, quantum technologies, and renewables, are expected to drive growth and value to global GDP in the coming years.
What`s New?
- Special discussions on the global economic climate and market sentiment
- Coverage on global competitiveness and key competitor percentage market shares
- Market presence analysis across multiple geographies – Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and trademarked research platform
- Complimentary updates for one year
- Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Subdued Industrial Activity Induces Weakness in TDLA Market
- Growing Concerns over Rising Emissions, Climate Change & Habitat Destruction Fueling Pandemics to Encourage Demand for TDLAs
- World GHG Emissions (in %) by Gas Type: 2019
- World GHG Emissions (in %) by Sector: 2019
- Global Industrial CO2 Emissions (In Billion Metric Tons)
- Largest Industrial Polluters of CO2 Worldwide (In %) for the Year 2050
- New EPA Regulations Favor Further Growth in Adoption of TDLA Systems
- Tunable Diode Laser Analyzer (TDLA) – Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Tunable Diode Laser Analyzer (TDLA): An Introduction
- Extractive TDL Systems
- In-Situ Gas Analyzers Offer Real-Time Gas Analyses to Improve Accuracy and Safety
- Outlook
- Rising Concerns over Gas Emissions to Galvanize Growth of Tunable Diode Laser Analyzer Market
- Focus on Process Optimization & Environmental Monitoring to Support Demand
- Oxygen-based Tunable Diode Laser Analyzers to Record Fastest Growth Rate
- Oil & Gas Industry to Maintain Commanding Position in Tunable Diode Laser Analyzer Market
- Asia-Pacific Market for Tunable Diode Laser Analyzers to Post Strong Growth
- Competition
- Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Growing Focus on Higher Return on Investment (ROI) by Operators to Benefit Demand for Tunable Diode Laser Analyzers
- Rise in Emissions from Oil & Gas Activity and Growing Concerns to Boost Prospects
- Slowdown in Oil and Gas Sector Amid COVID-19 Impacts Current Demand
- Global Brent Crude Oil Price Trends in US$/barrel: May 2019 – Aug 2020
- Global Daily Crude Oil Demand in Million Barrels for the Years 2015 through 2020
- World Average Rig Count by Region: 2020 (1H)
- Global Oil & Gas E&P Industry Spending (2015-2021E)
- Industry Focus on Methane Emissions from Oil & Gas Industry to Benefit Growth
- Technology Advancements Tunable Diode Laser Analyzer (TDLA) Propel Demand
- Growing Investments in Process Automation in Industries Spur Growth Opportunities
- Fast Evolving Role of Industry 4.0 & Process 4.0 to Steer Future Expansion
- Global Investments on Industry 4.0 Technologies (in US$ Billion) for the Years 2017, 2020, & 2023
- TDL Oxygen Analyzers Find Use in Critical Applications in Chemical Industry
- TDLA Play a Vital Role in Preventing Explosion
- Growing Emphasis on Reducing Emission in Power Sector to Drive Demand
- Global Coal Based Thermal Power Production (2019): Percentage Breakdown of Unit Electricity by Country
- Rise in Demand for Tunable Diode Laser Analyzer (TDLA) in Healthcare Industry
- TDLAs Find Growing Use in Combustion Furnaces
- Increasing Need to Monitor Pollutants Makes Cement Industry Hotbed for Tunable Diode Laser Analyzers
- Global Cement Production in Million Metric Tons: 2015-2021
- Next-Generation Laser-based Gas Analyzers for High-Dust Settings
- Increasing Integration of SCR Technology with DeNOX Systems to Boost Tunable Diode Laser Analyzer Demand
- COVID-19 to Augment Demand for Remote Monitoring Devices in Mining Industry
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/46qpz7
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