According to a new market report published by Transparency Market Research “Tunable Diode Laser Analyzer Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021,” the tunable diode laser analyzer market was valued at USD 280 million in 2014, which is expected to reach USD 548.8 million by 2021, growing at a CAGR of 10.2% from 2015 to 2021.
Browse the full Tunable Diode Laser Analyzer Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2021 report at http://www.transparencymarketresearch.com/tunable-diode-laser-analyzer-market.html
Tunable diode laser analyzer (TDLA) is relatively a new technology in the measuring instruments segment. TDLAs are capable in measuring and detection of gases like HCL, O2, HF, CO, NH3 at a very low density of air. Rise in demand for toxic gas measurement in the atmosphere, rising demand for safety devices and rising demand for TDL analyzer due to the growth of industries are driving forces for this market. Increasing pollution level and establishment of new industries release noxious gases in high volume. This has lead to the rise in demand of gas detectors by government or private environmental officials globally. Moreover, comprehensive improvement of the TDLA analyzer is likely to drive the market further in the near future.
Among other gas detectors, TDLA is widely used due to its low maintenance cost, stability and ability of continuous rapid detection. Moreover, the TDLA is capable of in-situ (directly in contact with the subject material) measurement in highly corrosive and poisonous environment. These factors are driving the TDLA market in oil and gas industry.
The global TDLA market is segmented by region in North America, Europe, Asia-Pacific (APAC) and Rest of the World (RoW). In 2014, Asia Pacific accounted for the largest market share in the global TDLA market. In 2014, Asia Pacific accounted for share of 37.0% of the total TDLA market. Asia Pacific...