Tunable Diode Laser Analyzer Market — Efforts to Curb Environmental Gas Toxicity Drive Demands

The global tunable diode laser analyzer market is growing at a healthy rate in the last few years. The rise in the investments in the research and development activities and growing focus on the development of advanced features of tunable diode laser analyzers are predicted to propel the global market in the next few years. The migration and modernization services are projected to support the growth of the overall market in the coming few years.
Thanks to these factors, the global market for tunable diode laser analyzer market is estimated to register a promising 10.20% CAGR between 2015 and 2021. In addition, the market is predicted to reach a value of US$548.8 mn by the end of 2021.
The rise in the rate of industrialization and the growing demand for denox systems and boilers are the main factors that are predicted to enhance the growth of the global tunable diode laser analyzer market in the next few years. The development of new power plants and the increasing adoption of automation in diverse industries are further anticipated to accelerate the market growth in the near future.
On the flip side, the availability of low-cost competitive technologies is expected to restrict the growth of the global tunable laser analyzer market in the next few years. Nonetheless, in the next few years, the average selling price of tunable diode laser analyzer is likely to reduce, which is projected to offer growth opportunities for the players in the coming few years.  
The market for tunable diode laser analyzer has been categorized on the basis of measurement type into in situ and others. The in situ segment is estimated to account for a large share of the global market in the coming few years. The rising measurement faults that are related to the gas sample conditioning and extraction is anticipated to demand for the in situ measurement, which is likely to accelerate the growth of the overall market in the near future.
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