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)
● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe tunable diode laser analyzer market.
● Highlights key business priorities to assist companies to realign their business strategies
● The key findings and recommendations highlight crucial progressive industry trends in the Europe tunable diode laser analyzer market, thereby allowing players across the value chain to develop effective long-term strategies
● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
● Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the tunable diode laser analyzer market, as well as those hindering it
● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
The List of Companies – Europe Tunable Diode Laser Analyzer Market
● ABB Ltd
● Axetris AG
● Boreal Laser Inc
● Emerson Electric Co.
● METTLER TOLEDO
● NEO Monitors AS
● Siemens AG
● Teledyne Analytical Instruments
● Unisearch Associates Inc
● Yokogawa Electric Corporation
At 7.8% CAGR, the Europe Tunable Diode Laser Analyzer Market is speculated to be worth US$ 379.42 million by 2028, says The Insight Partners
According to The Insight Partners’ research, the Europe tunable diode laser analyzer market was valued at US$ 242.09 million in 2022 and is expected to reach US$ 379.42 million by 2028, registering an annual growth rate of 7.8% from 2022 to 2028. Rising awareness regarding green sustainability resulting in increasing government’s stringent safety standards and rising demand for energy is resulting in new power plants setups are the critical factors attributed to the market expansion.
The rising concern towards global warming is leading to air quality deterioration and health concerns. Many economies are making tremendous efforts and massive investments in adopting new technology to detect and limit hazardous gases such as CH4, CO2, CO, H2S, and HONO in the atmosphere. For instance, in October 2021, the UK government announced a US$ 477.38 million boiler upgrade scheme to reduce carbon emissions from heating and buildings, which will help the country meet its goal of making all new heating systems installations low carbon by 2035. The US$ 5304.27 amount paid by the UK government for heat pump installations will be like those for traditional gas boiler installations. Similarly, in November 2016, the German government approved the Climate Protection Plan 2050, which aims to reduce GHG emissions from various sources, including energy, industry, commercial buildings, transportation, and agriculture by 2050. Several initiatives by the governments for the development of green sustainability are driving the growth of the tunable diode laser analyzer market. Tunable diode laser absorption spectroscopy (TDLAS) has been widely used to reduce greenhouse gas emissions and measure combustion gas emissions. Supportive government policies across the region are driving the growth of the tunable diode laser analyzer market. Policies that encourage the installation of energy-efficient heating systems and a shift in the trend toward zero-emission buildings are further supporting the growth of the tunable diode laser analyzer market.
On the contrary, availability of low-price competitive technologies hurdles the growth of Europe tunable diode laser analyzer market.
Based on measurement type, the Europe tunable diode laser analyzer market is bifurcated into in-situ and extractive. The in-situ segment held 75.6% market share in 2022, amassing US$ 183.01 million. It is projected to garner US$ 292.80 million by 2028 to expand at 8.1% CAGR during 2022–2028.
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 held 34.3% market share in 2022, amassing US$ 82.97 million. It is projected to garner US$ 125.20 million by 2028 to expand at 7.1% CAGR during 2022–2028.
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 held 32.6% market share in 2022, amassing US$ 78.92 million. It is projected to garner US$ 127.53 million by 2028 to expand at 8.3% CAGR during 2022–2028.
Based on country, the Europe tunable diode laser analyzer market has been categorized into the UK, Germany, France, Italy, Russia, and rest of Europe. Our regional analysis states that Germany captured 25.1% market share in 2022. It was assessed at US$ 60.73 million in 2022 and is likely to hit US$ 92.81 million by 2028, exhibiting a CAGR of 7.3% during the forecast period.
Key players dominating the Europe tunable diode laser analyzer market are 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 among others.
In 2021, Yokogawa Electric Corporation has developed the TDLS8200 probe type tunable diode laser spectrometer. While featuring the same low installation cost, high measurement stability, and high reliability of the preceding TDLS8100, the TDLS8200 will be able to simultaneously measure oxygen, carbon monoxide, and methane gas concentrations directly and at high speed. In 2020, The new Ultra Series from Servomex Ltd. is a line of analyzers that combines remarkable performance and innovative specifications for the most demanding semicon requirements. In comparison to competing technologies, the ultra-series is designed for ultra-high purity gas analysis at a reasonable cost. DF-560E NanoTrace ULTRA, DF-750 NanoTrace ULTRA, DF-760E NanoTrace ULTRA, NanoChrome ULTRA, and ULTRACART are all part of the ultra-series.
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