For the past few decades, environmental pollution levels are reaching different heights around the world. These problems include air quality deterioration, marine pollution, and high emission of greenhouse gases, urban environmental pollution problems, and weather anomalies. According to the World Bank data, mean annual exposure of (Particulate Matter) PM2.5 air pollution had significantly risen from 45.149 micrograms per cubic meter in 2016 to 45.522 micrograms per cubic meter in 2017. With globalization and trade evolving consistently, ecological concerns have become a strong impact on a country’s economy. With these rising demands for monitoring greenhouse gases, tremendous efforts to invent new technologies to detect hazardous gases such as methane, H2S, carbon monoxide, carbon dioxide, nitrous acid are rising. The fundamental advantages of (Tunable diode laser absorption spectroscopy) TDLAS gas analyzer, which include accuracy, high selectivity, and fast response makes it one of the best technologies available. Owing to these advantages and thriving economic standards of the population, the sales of the TDLAS gas analyzer are experiencing exemplary growth opportunities in the industrial applications of process control and medicine field.
As a result, the global TDLAS gas analyzer market size attained a value of $425.3 million, and the total industry revenues are experiencing an uptick with a CAGR of 7.75% over the forecast period 2019-2025.
TDLAS Gas Analyzer Market Offering Dynamic Solutions to the Natural Gas and LNG Market
TDLAS gas analyzer is apt to monitor carbon dioxide levels during natural gas processing and liquefaction. Compared to other techniques such as gas chromatography, TDLAS contains laser-based CO2 sensor which offers a large dynamic range, low-drift, and faster response time in a natural gas stream. Besides, CO2 measurement is a dynamic factor in determining the performance and efficiency of natural gas plants. The natural gas industry is thriving with innovations to promote sustainable energy system and reduce the detrimental effects of the greenhouse gases. Natural gas is a clean and efficient way of tackling environmental and climate goals. Global energy consumption is growing with the rising population and economic development. Moreover, it plays a substantial role in the power generation and transportation industries. In 2015, International natural gas trade constituted about 30.1% of global consumption, and the LNG market demand is experiencing tremendous growth of 6.6% per annum since 2000. Therefore, the increasing growth of the LNG industry is amplifying the TDLAS gas analyzer market demand.
Trends Influencing the Global TDLAS Gas Analyzer Market
· Online and Real-Time Measurement
Global players are enhancing their strategies by offering real-time and online measurement of impurities in natural gas with the help of TDLAS gas analyzers. These real-time and online measurement are predominantly seen in the hydrocarbon processing industries such as petrochemicals, LNG, natural gas processing, and refining. These companies are blending engineering and scientific processes to solve the real-world problems to measure the contaminants in gas streams. As a result, online and real-time monitoring is gaining traction in the global TDLAS gas analyzers market.
· Non-Contact TDLAS sensing technology
Non-contact TDLAS technology in the gas analyzer avoids corrosion, fouling, and memory effects associated with Aluminum oxide moisture sensors as this technology sets laser source separate from the detector in the entire process. Thereby enhancing the reliability and reducing the total cost of ownership. Therefore, non-contact TDLAS sensing is widely adopted by the companies in the TDLAS gas analyzer market.
APAC Leading the Global TDLAS Gas Analyzers Market
In 2018, APAC made up 37.9% of the global TDLAS gas analyzers market revenue pool. The demand is attributed to the increasing electricity demand of the population, urbanization coupled with a huge demand influx from the automobile industries of countries China, Japan, and India. The practicality of TDLAS scales heights in harsh environments of the natural gas value chain. A TDLAS gas analyzer offers less expensive solutions and high response time when compared to gas chromatography in the gas plants. APAC holds a significant share in the global energy system, offering a dynamic place to the Southeast Asian countries. These countries are reforming their fossil-fuel consumption subsidies and upgrading their policy frameworks. Besides, China emerged as a leader in global energy consumption as of 2016. And in 2018, the country imported LNG resources which have increased by 15.8MT followed by Australia. Furthermore, there is a huge rise in regional cooperation and investments in renewable energy. According to the International Energy Agency (IEA) data, the region will experience a significant rise in the energy demand that grows by almost two-thirds by 2040. Besides, this constitutes one-tenth of the global rise in energy demand. With these rising demands for energy consumption and inclination towards natural gas, the TDLAS gas analyzer market growth in APAC is surging significantly.
High-Precision of the TDLAS Gas Analyzer Market Surging with Huge Opportunities in the Healthcare Sector
Healthcare industry is accelerating at a CAGR of 9.5% in the global TDLAS gas analyzers market over the aforementioned period. High precision and low range measurement achieved by TDLAS gas analyzer are the major drivers boosting the TDLAS gas analyzer industry growth in the healthcare sector. During metabolic monitoring and disease diagnosis, detection, and analysis of the volatile compounds in exhaled breaths of patients are the primary aspects. Tunable diode laser absorption spectroscopy offers better sensitivity and precision compared to its peers. For instance, compared to traditional electrochemical CO sensors which are used to assess smoking status, TDLAS-based CO detection provides affordable solutions at better time resolution with high selectivity and sensitivity, thereby a better choice to study CO physiology. Besides, TDLAS gas analyzer is well-suited for targeted detection in breath tests applications of clinical and dental analysis. With these expediting advantages, the TDLAS gas analyzer market is proliferating in the healthcare industry.
Key Players in the Global TDLAS Gas Analyzer Industry
The core companies operating with a dominant share in the global TDLAS gas analyzer industry are ABB, Yokogawa Electric Corporation, Campbell Scientific, Inc., Mettler Toledo, AMETEK, Inc., Endress+Hauser, General Electric Company, Siemens AG, Honeywell International Inc., Sick AG, Michell Instruments, Teledyne Technologies, Inc., and The Emerson Electric Co., Companies are stepping into industry-specific product launches with heightened R&D investments to dominate the market globally and regionally.
Product Launches in the Global TDLAS Gas Analyzers Market
· In 2018, AMETEK Process Instruments launched the Model 5100P as part of expanding its product line of 5100 series gas analyzers. The current model uses Tunable Diode Laser Absorption Spectroscopy easy-to-use and simple moisture analysis. It uses non-contact TDLAS sensing technology and used for monitoring applications such as H2O in fuel lines, processing, and natural gas pipelines.
· In 2017, Emerson Automation Solutions launched a continuous gas analyzer named Rosemount CT5800. With this new launch, the company is striving to bring purity and optimize process control in industrial applications, which include hydrogen manufacturing, natural gas, and ethylene. The CT5800 couples quantum cascade laser technologies with tunable diode laser in the same analyzer and offers spectroscopy by patented “laser chirp” to distinguish and identify impurities.
· In 2016, NEO Monitors got a significant breakthrough with the launch of LaserGas TM iQ². This first all-in-one tunable diode laser (TDLS) analyzer is used to measure in-situ. The company stated that this product could deliver flexibility, unmatched reliability, and durability in measuring temperature and four gases, which include O2, CO, CH4, and H2O together. Chemicals and oil & gas industries benefit from this solution as it can reduce time and costs involved for maintenance and uptime.
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