How big is the Laser-based Gas Analyzers Market?

The Laser-based Gas Analyzers Market size is expected to reach USD 544.80 billion in 2024 and grow at a CAGR of 6.10% to reach USD 732.51 billion by 2029. Read More

What is the current Laser-based Gas Analyzers Market size?

In 2024, the Laser-based Gas Analyzers Market size is expected to reach USD 544.80 billion. Read More

Who are the key players in Laser-based Gas Analyzers Market?

ABB Ltd, Opsis AB, Emerson Electric Co., HORIBA Ltd and Servomex Group Limited are the major companies operating in the Laser-based Gas Analyzers Market. Read More

Which is the fastest growing region in Laser-based Gas Analyzers Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Laser-based Gas Analyzers Market?

In 2024, the Asia-Pacific accounts for the largest market share in Laser-based Gas Analyzers Market. Read More

What years does this Laser-based Gas Analyzers Market cover, and what was the market size in 2023?

In 2023, the Laser-based Gas Analyzers Market size was estimated at USD 513.48 billion. The report covers the Laser-based Gas Analyzers Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Laser-based Gas Analyzers Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Laser Based Gas Analyzers Market Size & Share Analysis - Industry Research Report

Laser-based Gas Analyzers Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Laser-based Gas Analyzers Market is Segmented by Process (In Situ, Extractive), Type (Tunable Diode Laser Spectroscopy, Raman Spectroscopy, Cavity Ring-Down Spectroscopy, Quantum Cascade Laser Spectroscopy), End-user Industry (Power, Mining & Metal, Healthcare, Automotive, Pulp & Paper, Oil & Gas, Chemical), and Geography (North America, Europe, Asia Pacific, Latin America, Middle East & Africa)). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

Laser Based Gas Analyzers Industry Overview

The growing presence of prominent manufacturers in the Laser-based Gas Analyzers Market is expected to intensify competitive rivalry during the forecast period. Market incumbents, such as ABB Ltd., Opsis AB, Emerson Electric Co., HORIBA Ltd, Servomex Group Limited, Honeywell International Inc., etc., greatly influence the overall market.

In December 2022, ABB introduced Sensi+, a ground-breaking analyzer for monitoring natural gas quality. False readings are almost eliminated by ABB's laser-based technology, which also offers quick response times for dependable process control. Sensi+ provides exceptional performance and a low total cost of ownership and is designed for remote and dangerous settings.
In June 2022, Servomex unveiled a new analyzer to deliver the most advanced photometric gas analysis solution. Designed around an easier-to-use digital platform, the new analyzer is a rugged and reliable product ready to handle a wide range of industrial applications, including ethylene production, carbon capture, ethylene dichloride production, and the direct reduction iron process.