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Europe Tunable Diode Laser Analyzer Market Forecast to 2028 - COVID-19 Impact and Regional Analysis
Market Report I 2022-10-11 I 154 Pages I The Insight Partners
The Europe tunable diode laser analyzer market is expected to grow from US$ 242.09 million in 2022 to US$ 379.42 million by 2028; it is estimated to grow at a CAGR of 7.8% from 2022 to 2028.
Rising Demand for Energy is Resulting in New Power Plants Setups
Various plant units and piping may contain pressurized, high-temperature, corrosive, combustible, and toxic gases, which may be problematic for traditional technologies. In power plants, the piping contains high temperature, toxic gases, corrosive, pressurized, and toxic gases, with traditional technologies, which may pose a threat to the power plants. Thus, many power plants are installing advanced tunable diode laser analyzers to overcome such threats. For instance, the Yokogawa in-situ gas analyzer TDLS8000 supports ten languages. With the intuitive 7.5-inch color touch screen HMI, no PC is required for simple operation and maintenance. It provides all data, including trends and graphs, and can be installed remotely. With the rapid pace of industrialization, there has been a significant rise in energy generation demand. Thus, a new establishment of power plants is required to meet the required power consumption. Further, many developing and developed economies invest massive capital in upgrading new power plants and equipment installation. The tunable diode laser analyzer is used with DeNOx and boiler systems in the power plants to analyze gases. As a result, as the number of power plants increases, the demand for tunable diode laser analyzers will also increase. Thus, rising energy demands are resulting in the new setup of power plants, which positively impacts tunable diode laser analyzer market growth across the region.
Market Overview
The European Commission proposed a Climate Law in March 2020 to become climate-neutral by 2050. With the introduction of Climate Law, the EU's 2030 climate and energy targets are expected to be upward, emphasizing the significance of the National Energy and Climate Plans (NECPs). The 2030 National Energy and Climate Plans (NECPs) provide a framework for European countries or member states to outline their policies measure, climate, and energy goals for 2021 to 2030. Under EU binding climate and energy legislation for 2030, European countries are adopting national energy and climate plans (NECPs) to address climate change from 2021 to 2030. This provides a blueprint of how the European Union will meet its climate and energy objectives by 2030, achieving a 32% renewable energy target. Further, the European Commission proposes that the carbon tariff will be implemented in 2026. The new proposed tax is part of the EU's climate change policies, aiming to reduce greenhouse gas emissions by more than half by 2030. According to a new European Environment Agency (EEA) assessment, the European Union (EU) met its three main climate and energy goals in 2020, including a 20% reduction in emissions 2020, a 20% increase in renewable energy use, and a 20% improvement in energy efficiency. These stringent government policies and achievements in achieving targets to reduce the carbon footprints forced many industrial verticals to adopt energy-efficient products and services. Thus, it is expected that the demand for tunable diode laser analyzers will increase in Europe over the coming years.
Europe Tunable Diode Laser Analyzer Market Revenue and Forecast to 2028 (US$ Million)
Europe Tunable Diode Laser Analyzer Market Segmentation
The Europe tunable diode laser analyzer market is segmented based on measurement type, gas analyzer type, industry application, and country.
Based on measurement type, the Europe tunable diode laser analyzer market is bifurcated into in-situ and extractive. The in-situ segment held a larger market share in 2022.
Based on gas analyzer type, the Europe tunable diode laser analyzer market is segmented into oxygen analyzer, ammonia analyzer, COx analyzer, moisture analyzer, Hx analyzer, CxHx analyzer, and others. The oxygen analyzer segment dominated the market in 2022.
Based on industry application, the Europe tunable diode laser analyzer market is segmented into power, oil & gas, mining & metal, chemicals, fertilizers, cement, and others. The oil & gas segment dominated the market in 2022.
Based on country, the Europe tunable diode laser analyzer market is segmented into the UK, Germany, France, Italy, Russia, and rest of Europe. Germany dominated the market in 2022.
ABB Ltd, Axetris AG, Boreal Laser Inc, Emerson Electric Co., METTLER TOLEDO, NEO Monitors AS, Siemens AG, Teledyne Analytical Instruments, Unisearch Associates Inc, and Yokogawa Electric Corporation are among the leading companies in the Europe tunable diode laser analyzer market.
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Tunable Diode Laser Analyzer Market Landscape
4.1 Market Overview
4.2 Europe PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. Europe Tunable Diode Laser Analyzer Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Demand for Energy is Resulting in New Power Plants Setups
5.1.2 Rising Awareness Regarding Green Sustainability Resulting in Increasing Government's Stringent Safety Standards
5.2 Market Restraints
5.2.1 Availability of Low-Price Competitive Technologies
5.3 Market Opportunities
5.3.1 Modernization and Migration Services of Upgrading Old Industries to Automate Process Industries
5.4 Future Trends
5.4.1 Rising Demand in Municipal Waste Incinerators and Oil and Gas Applications
5.5 Impact Analysis of Drivers and Restraints
6. Tunable Diode Laser Analyzer Market - Europe Analysis
6.1 Europe Tunable Diode Laser Analyzer Market Overview
6.2 Europe Tunable Diode Laser Analyzer Market Revenue Forecast and Analysis
7. Europe Tunable Diode Laser Analyzer Market Analysis - By Measurement Type
7.1 Overview
7.2 Europe Tunable Diode Laser Analyzer Market, By Measurement Type (2021 and 2028)
7.3 In-Situ
7.3.1 Overview
7.3.2 In-Situ: Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Extractive
7.4.1 Overview
7.4.2 Extractive: Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 (US$ Million)
8. Europe Tunable Diode Laser Analyzer Market Analysis - By Gas Analyzer Type
8.1 Overview
8.2 Europe Tunable Diode Laser Analyzer Market, By Gas Analyzer Type (2021 and 2028)
8.3 Oxygen Analyzer
8.3.1 Overview
8.3.2 Oxygen Analyzer: Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Ammonia Analyzer
8.4.1 Overview
8.4.2 Ammonia Analyzer: Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 (US$ Million)
8.5 COx Analyzer
8.5.1 Overview
8.5.2 COx Analyzer: Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 (US$ Million)
8.6 Moisture Analyzer
8.6.1 Overview
8.6.2 Moisture Analyzer: Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 (US$ Million)
8.7 Hx Analyzer
8.7.1 Overview
8.7.2 Hx Analyzer: Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 (US$ Million)
8.8 CxHx Analyzer
8.8.1 Overview
8.8.2 CxHx Analyzer: Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 (US$ Million)
8.9 Others Analyzer
8.9.1 Overview
8.9.2 Others Analyzer: Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 (US$ Million)
9. Europe Tunable Diode Laser Analyzer Market Analysis - By Industry Application
9.1 Overview
9.2 Europe Tunable Diode Laser Analyzer Market, By Industry Application (2021 and 2028)
9.3 Power
9.3.1 Overview
9.3.2 Power: Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 (US$ Million)
9.4 Oil and Gas
9.4.1 Overview
9.4.2 Oil and Gas: Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 (US$ Million)
9.5 Mining & Metal
9.5.1 Overview
9.5.2 Mining & Metal: Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 (US$ Million)
9.6 Chemicals
9.6.1 Overview
9.6.2 Chemicals: Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 (US$ Million)
9.7 Fertilizers
9.7.1 Overview
9.7.2 Fertilizers: Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 (US$ Million)
9.8 Cement
9.8.1 Overview
9.8.2 Cement: Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 (US$ Million)
9.9 Others
9.9.1 Overview
9.9.2 Others: Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 (US$ Million)
10. Europe Tunable Diode Laser Analyzer Market - Country Analysis
10.1 Overview
10.1.1 Europe Tunable Diode Laser Analyzer Market Breakdown, by Country
10.1.1.1 Germany Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028
10.1.1.1.1 Germany Tunable Diode Laser Analyzer Market Breakdown, By Measurement Type
10.1.1.1.2 Germany Tunable Diode Laser Analyzer Market Breakdown, By Gas Analyzer Type
10.1.1.1.3 Germany Tunable Diode Laser Analyzer Market Breakdown, By Industry Application
10.1.1.2 France Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028
10.1.1.2.1 France Tunable Diode Laser Analyzer Market Breakdown, By Measurement Type
10.1.1.2.2 France Tunable Diode Laser Analyzer Market Breakdown, By Gas Analyzer Type
10.1.1.2.3 France Tunable Diode Laser Analyzer Market Breakdown, By Industry Application
10.1.1.3 Italy Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028
10.1.1.3.1 Italy Tunable Diode Laser Analyzer Market Breakdown, By Measurement Type
10.1.1.3.2 Italy Tunable Diode Laser Analyzer Market Breakdown, By Gas Analyzer Type
10.1.1.3.3 Italy Tunable Diode Laser Analyzer Market Breakdown, By Industry Application
10.1.1.4 UK Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028
10.1.1.4.1 UK Tunable Diode Laser Analyzer Market Breakdown, By Measurement Type
10.1.1.4.2 UK Tunable Diode Laser Analyzer Market Breakdown, By Gas Analyzer Type
10.1.1.4.3 UK Tunable Diode Laser Analyzer Market Breakdown, By Industry Application
10.1.1.5 Russia Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028
10.1.1.5.1 Russia Tunable Diode Laser Analyzer Market Breakdown, By Measurement Type
10.1.1.5.2 Russia Tunable Diode Laser Analyzer Market Breakdown, By Gas Analyzer Type
10.1.1.5.3 Russia Tunable Diode Laser Analyzer Market Breakdown, By Industry Application
10.1.1.6 Rest of Europe Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028
10.1.1.6.1 Rest of Europe Tunable Diode Laser Analyzer Market Breakdown, By Measurement Type
10.1.1.6.2 Rest of Europe Tunable Diode Laser Analyzer Market Breakdown, By Gas Analyzer Type
10.1.1.6.3 Rest of Europe Tunable Diode Laser Analyzer Market Breakdown, By Industry Application
11. Industry Landscape
11.1 Overview
11.2 New Product launch
12. Company Profiles
12.1 Emerson Electric Co.
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Siemens AG
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 ABB Ltd
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 METTLER TOLEDO
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Teledyne Analytical Instruments
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Yokogawa Electric Corporation
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Unisearch Associates Inc
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 NEO Monitors AS
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Axetris AG
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Boreal Laser Inc
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. Europe Tunable Diode Laser Analyzer Market Revenue and Forecast to 2028 (US$ Million)
Table 2. Germany Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 - By Measurement Type (US$ Million)
Table 3. Germany Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 - By Gas Analyzer Type (US$ Million)
Table 4. Germany Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 - By Industry Application (US$ Million)
Table 5. France Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 - By Measurement Type (US$ Million)
Table 6. France Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 - By Gas Analyzer Type (US$ Million)
Table 7. France Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 - By Industry Application (US$ Million)
Table 8. Italy Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 - By Measurement Type (US$ Million)
Table 9. Italy Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 - By Gas Analyzer Type (US$ Million)
Table 10. Italy Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 - By Industry Application (US$ Million)
Table 11. UK Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 - By Measurement Type (US$ Million)
Table 12. UK Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 - By Gas Analyzer Type (US$ Million)
Table 13. UK Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 - By Industry Application (US$ Million)
Table 14. Russia Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 - By Measurement Type (US$ Million)
Table 15. Russia Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 - By Gas Analyzer Type (US$ Million)
Table 16. Russia Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 - By Industry Application (US$ Million)
Table 17. Rest of Europe Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 - By Measurement Type (US$ Million)
Table 18. Rest of Europe Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 - By Gas Analyzer Type (US$ Million)
Table 19. Rest of Europe Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 - By Industry Application (US$ Million)
Table 20. List of Abbreviation
LIST OF FIGURES
Figure 1. Europe Tunable Diode Laser Analyzer Market Segmentation
Figure 2. Europe Tunable Diode Laser Analyzer Market Segmentation - By Country
Figure 3. Europe Tunable Diode Laser Analyzer Market Overview
Figure 4. Europe Tunable Diode Laser Analyzer Market, by Measurement Type
Figure 5. Europe Tunable Diode Laser Analyzer Market, by Country
Figure 6. Europe - PEST Analysis
Figure 7. Europe Tunable Diode Laser Analyzer Market- Ecosystem Analysis
Figure 8. Europe Tunable Diode Laser Analyzer Market: Impact Analysis of Drivers and Restraints
Figure 9. Europe Tunable Diode Laser Analyzer Market Revenue Forecast and Analysis (US$ Million)
Figure 10. Europe Tunable Diode Laser Analyzer Market Revenue Share, by Measurement Type (2021 and 2028)
Figure 11. Europe In-Situ: Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 (US$ Million)
Figure 12. Europe Extractive: Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 (US$ Million)
Figure 13. Europe Tunable Diode Laser Analyzer Market Revenue Share, by Gas Analyzer Type (2021 and 2028)
Figure 14. Europe Oxygen Analyzer: Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 (US$ Million)
Figure 15. Europe Ammonia Analyzer: Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 (US$ Million)
Figure 16. Europe COx Analyzer: Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 (US$ Million)
Figure 17. Europe Moisture Analyzer: Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 (US$ Million)
Figure 18. Europe Hx Analyzer: Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 (US$ Million)
Figure 19. Europe CxHx Analyzer: Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 (US$ Million)
Figure 20. Europe Others Analyzer: Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 (US$ Million)
Figure 21. Europe Tunable Diode Laser Analyzer Market Revenue Share, by Industry Application (2021 and 2028)
Figure 22. Europe Power: Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 (US$ Million)
Figure 23. Europe Oil and Gas: Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 (US$ Million)
Figure 24. Europe Mining & Metal: Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 (US$ Million)
Figure 25. Europe Chemicals: Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 (US$ Million)
Figure 26. Europe Fertilizers: Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 (US$ Million)
Figure 27. Europe Cement: Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 (US$ Million)
Figure 28. Europe Others: Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 (US$ Million)
Figure 29. Europe Tunable Diode Laser Analyzer Market, by Key Country - Revenue (2021) (US$ Million)
Figure 30. Europe Tunable Diode Laser Analyzer Market Breakdown, by Country, 2018 & 2027(%)
Figure 31. Germany Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 (US$ Million)
Figure 32. France Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 (US$ Million)
Figure 33. Italy Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 (US$ Million)
Figure 34. UK Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 (US$ Million)
Figure 35. Russia Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 (US$ Million)
Figure 36. Rest of Europe Tunable Diode Laser Analyzer Market - Revenue and Forecast to 2028 (US$ Million)
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