Tunable Diode Laser Analyzer Market Insights, Analysis and Segment Forecasts to 2024: Hexa Reports

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Tunable Diode Laser Analyzer Market Analysis, Share and

Size, Emerging Trends, Growth, Overview And Segment

Forecasts To 2024

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.

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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.

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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...