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Market Overview

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Laser-based Gas Analyzers are analytical instruments that utilize laser sources to determine the type and quantity of elements in the gaseous stage. Critical types of laser-based gas analyzers include Raman analyzers, Tunable Diode Laser Absorption Spectroscopy (TDLAS), and cavity-ring down spectroscopy, which have witnessed high adoption in the industry.

The market size of Laser-based Gas Analyzers is estimated to be USD 513 million in 2023 and is projected to reach USD 690 million by 2028, growing at a CAGR of 6.10% during the forecast period (2023-2028).

The global demand for laser-based gas analyzers has been driven by increased discoveries of shale gas and tight oil, as these resources are used to prevent corrosion in natural gas pipeline infrastructure. Government regulations and enforcement of occupational health and safety rules have also mandated the use of laser-based gas analyzers in various industrial settings.

Public awareness of gas leaks and emissions has contributed to the increased adoption of laser-based gas analyzers. Manufacturers are integrating these analyzers with mobile phones and wireless devices to provide real-time monitoring, remote control, and data backup capabilities. Additionally, the awareness of workplace hazards related to toxic and hazardous gases has driven adoption, particularly in the oil and gas, chemicals and petrochemicals, and metals and mining industries.

Automotive emission analyzers have also gained popularity due to government regulations on CO2 emissions from vehicles. Automotive manufacturers are striving to improve engine performance to reduce CO2 emissions, leading to the adoption of laser-based gas analyzer systems by automotive and automotive testing companies.

Manufacturers in the market are focused on increasing competitiveness, reducing risk exposure, and meeting environmental regulations. This has resulted in product complexity, cost pressures, and the need for better control and waste reduction.

The COVID-19 pandemic has had a significant impact on the market, with governments investing in scientific progress and infrastructure across various industries. There has also been a heightened focus on research and development (R&D) and automation.

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Market Segmentation

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The market is segmented based on various factors, including type, process, end user, and region.

Segmentation by Type
Tuneable Diode Laser Spectroscopy (TDLS)
Raman Spectroscopy (RA)
Cavity Ring Down Spectroscopy (CRDS)
Quantum Cascade Laser Spectroscopy (QCLS)

Segmentation by Process
In Situ
Extractive

Segmentation by End User
Power
Mining and Metal
Healthcare
Automotive
Pulp and Paper
Oil and Gas
Chemical
Other End-user Industries

Segmentation by Region
North America
Europe
Asia Pacific
Latin America
Middle East and Africa

The In Situ segment, which accounted for 72.2% of revenue share in 2022, is the largest and fastest-growing segment. It is projected to reach USD 513 million by 2028, with a compound annual growth rate (CAGR) of 6.6% during the forecast period. In-situ analyzers are specifically designed to provide accurate and rapid measurements of near-infrared absorbing gases in harsh process environments characterized by high pressure or temperature. These analyzers are capable of operating under challenging conditions involving aggressive, corrosive, and high particulate content materials. In the case of in-situ monitoring, gas analyzers are placed directly inside stacks or ducts, with a portion of the measurement device immersed in the sample gas, hence the term in-situ. These analyzers may utilize electrochemical or optical sensors, and they always provide a corresponding signal output based on the gas reading. Two types of in-situ measurements are commonly used: point (in-stack) and path (cross-stack). Point measurements are conducted at the exact location of the sampling cell, where gas analyzers are placed in a probe submerged in the flowing sample gas. Electrochemical or zirconia sensors are frequently employed in point style systems. On the other hand, path measurements involve taking measurements across the emissions stream. This is typically accomplished by sending an optical signal, such as a laser, across the stack or duct and detecting the reflected signal. Path measurements enable the selective absorption of specific pollutants and the interpretation of their concentrations within the gas sample. In-situ gas analyzers find extensive applications in various industries, including metal heat treating, paper, steel, and power sectors. For instance, an in-situ oxygen analyzer can be used to analyze flue gas streams from boilers, while carbon monoxide can be measured in dew point or heat treat furnaces within atmosphere gas generator lines.

The Tunable Diode Laser Spectroscopy (TDLS) segment, which accounted for 75.8% of revenue share in 2022, is also the largest and fastest-growing segment. It is expected to reach USD 533 million by 2028, registering a CAGR of 6.4% during the forecast period. Tunable Diode Laser Spectrometers (TDLS) operate by measuring the level of laser light absorption as it passes through the gas being analyzed. This technology facilitates real-time gas analysis, leading to increased efficiency, safety, throughput, quality, and environmental compliance. TDLS is particularly effective in measuring the concentration of specific species, such as methane and water vapor, within gaseous mixtures using tunable diode lasers and laser absorption spectrometry. The key advantage of TDLS over other techniques is its ability to achieve very low detection limits. The growing concerns about global warming have prompted economies worldwide to invest heavily in new technologies for detecting and limiting hazardous gases, including CH4, CO2, CO, H2S, and HONO in the atmosphere. Consequently, tunable diode laser analysis is in high demand across various industrial sectors. In particular, tunable diode laser absorption spectroscopy (TDLAS) has proven instrumental in reducing greenhouse gas emissions and measuring combustion gas emissions. Furthermore, supportive government policies in the region are driving the growth of tunable diode laser analyzers throughout the forecast period.

The Chemical segment, accounting for 30.8% of revenue share in 2022, is the largest and fastest-growing segment. It is projected to reach USD 222 million by 2028, with a CAGR of 6.8% during the forecast period. In the chemicals industry, oxygen is one of several undesired contaminants that can negatively impact reactions or degrade the final product. For example, olefin co-catalyst systems can produce high-quality and high-yield polyolefin products only if the olefin feedstock stream is oxygen-free. In such cases, oxygen gas analyzers play a vital role by providing low ppm capabilities to ensure optimal product conditions. Another common practice in chemical storage or transportation involves blanketing highly flammable products to reduce the risk of explosion. Laser gas analyzers are employed in blanketing operations to monitor the presence of undesired gases below the explosion risk threshold. For instance, when hydrocarbon liquids are stored in tanks, air leakage into the headspace above the liquid level can lead to the formation of explosive gas mixtures. To mitigate this risk, carbon dioxide or nitrogen is injected into the headspace above the liquid to displace any air.

Process gas analyzers play a crucial role in ensuring the safe and efficient operation of various chemical production steps. They are essential components in preventing the development of explosive conditions in reactors and controlling combustion in thermal oxidizers. Hydrogen is a key product and intermediate in the chemical industry, commonly used as a feedstock for ammonia production, among other applications. Consequently, there is significant demand for hydrogen analyzers to determine hydrogen concentration within gas mixtures. The strong growth observed in the chemicals industry in recent years is expected to drive substantial demand for gas analyzers. For example, BASF reported a 6.1% growth in global chemical industry production in 2021. The organization projected a further 3.5% growth in 2022, surpassing pre-pandemic averages.

The Asia-Pacific region, accounting for 54.8% of revenue share in 2022, is both the largest and fastest-growing segment. It is projected to reach USD 388 million by 2028, with a CAGR of 6.5% during the forecast period. Asia-Pacific is the only region to have witnessed growth in oil and gas capacity in recent years, with the addition of four new refineries contributing approximately 750,000 barrels per day to global crude oil production. Increased investment in new plants within oil and gas, steel, power, chemical, and petrochemical sectors, coupled with the adoption of international safety standards and practices, is expected to drive market growth. The development of industries in the region has heightened the demand for gas analyzers, which are employed in various applications within the oil and gas sector. Their usage spans process monitoring, safety enhancement, improved efficiency, and enhanced product quality. Consequently, refineries in the region are actively deploying gas analyzers across their plants.

The Asia-Pacific (APAC) region is characterized by the largest population demographic of older individuals. China alone has approximately 166 million citizens aged over 65, surpassing the combined elderly populations of Japan, Germany, and Italy. Additionally, gas analyzers are being utilized to analyze pollution levels within cities. Countries like China and India are experiencing alarmingly high pollution levels, leading to the deployment of gas analyzers for monitoring and controlling pollution. Researchers worldwide are working to reduce greenhouse gas emissions, utilizing gas analyzers for analysis purposes. For instance, scientists in Southeast Asia are investing in measuring Greenhouse Gas (GHG) emissions from goats and cattle, investigating the effects of different feeding regimes and implementing portable FTIR gas analyzers provided by Gasmet Technologies. These factors are expected to drive the market for gas analyzers in the region.

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Competitive Landscape

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The Laser-based Gas Analyzers Market is witnessing an increase in competition due to the growing participation of leading manufacturers. This trend is expected to further intensify during the forecast period. Established market players, including ABB Ltd., Opsis AB, Emerson Electric Co., HORIBA Ltd, Servomex Group Limited, Honeywell International Inc., and others, exert significant influence on the overall market landscape.

Key Companies Profiled in this report include ABB Ltd., Ametek Land Instruments International, Anton Paar GmbH, Bruker Corporation, Emerson Electric Co., Endress + Hauser AG, Fuji Electric Co., Ltd., Hangzhou Zetian Chunlai Technology Co., Ltd., Horiba Ltd., Mettler Toledo, Nederman Holding AB, Servomex Group Limited, Siemens AG, Yokogawa Electric Corporation.

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Recent Industry Developments

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January 2023: Endress+Hauser Mexico has made a substantial investment of approximately EUR 10 million (~USD 10.84 million) in the construction of a new building. The recently inaugurated sales and service center is situated in Naucalpan, within the metropolitan area of Mexico City. Covering an area of 4,100 square meters, the center comprises state-of-the-art office facilities, a fully equipped customer experience and process training center, and a comprehensive calibration laboratory.

December 2022: Servomex has expanded its offerings to the Asian market by establishing a new service center in Korea. The service center, located in Yongin, has been officially introduced, enabling customers from the semiconductor industry, as well as the industrial process and emissions sectors including oil and gas, power generation, and steel industries, to access invaluable advice and assistance.

August 2022: Emerson has announced the inauguration of a new facility in Cumbernauld, Scotland. This facility will serve as a hub for engineering, development, and production resources dedicated to sensor, mechanical, electronics, and software design for the company’s gas analysis portfolio, which includes its QCL Analyzers.

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Key Questions Answered

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