Laser Transmitter Market Size, Share, Opportunities, And Trends By Range (Less than 100M, 100M), By Application (Oil and Gas, Water and Wastewater, Chemicals, Mining, Others), And By Geography - Forecasts From 2023 To 2028

Market Overview:

The reflective laser sensor is known as a transmitter/receiver. It consists of an emitter that emits laser light and a receiver that receives it. The emitter produces a light beam. The light beam reflects from the target item, and the receiver detects the reflected light and thus the target. Non-contact level measuring technologies such as laser transmitters are used to measure levels. Because laser transmitters correctly monitor levels, they are commonly employed for measuring granular solids, liquids, and gases. The primary factor driving the laser transmitters market expansion during the forecast period is technological advancement and the growing requirement for process optimization.

Laser technology has been extensively used in gas analysis and detection over the years.

The technology of gas analysis is essential to all industries and is crucial to the global acceleration of the development of next-generation energy sources like hydrogen. Gas measurement with high response and sensitivity is necessary to enhance the control of each production process in petrochemical plants since increasing productivity, enhancing quality, and minimizing environmental effects are essential challenges. The laser approach simultaneously measures the gas content using laser components and photodiodes. For instance, InfraRed Laser Absorption Modulation is a cutting-edge patented gas analysis method that HORIBA, Ltd. stated it had created in July 2021. IRLAM is a highly dependable infrared gas analysis technique that has been put to use in real-world applications. It offers precise and quick measurements with little interference even in challenging operating circumstances. Acetylene (C2H2) and carbon dioxide (CO2), which exist as impurities in methane (CH4) and ethane (C2H6) at low percentages, may be constantly measured by this product's feedstock gases with high speed (response every three seconds) and great sensitivity (in ppb level). This helps to make process control for consumers as efficiently as possible. This application of laser technology will eventually boost the growth of the laser transmitter market.

Water and wastewater segment to hold a significant market share

During the predicted years, the market size of the water and wastewater category will increase. Automated liquid and solid level measurements are critical to the smooth and safe functioning of water and wastewater treatment plants, as well as their distribution and collection networks. Accurate measurement is possible with these instruments in a wide range of applications, including inventory in bunkers, reactor vessels and silos, volumetric measurement, and others. They satisfy the needs of a variety of sectors, including water and wastewater. ABB, for example, introduced the LLT100 laser level measurement equipment in April 2021, which is meant to accurately detect level, distance, and position across short or long distances. It is a noncontact instrument designed for industrial and severe situations. They are appropriate for water and wastewater treatment plants, as well as water reuse and desalination plants, water distribution networks, and wastewater collection systems. Deep wells, lift stations and pump stations, sludge processing facilities, and storage tanks are the most common applications. It may also be used to determine the depth of stormwater ponds as well as the depth of water within the pond.

Key Development

• April 2021: The TDLS8200 probe-type tunable diode laser spectrometer, a new member of Yokogawa Electric Corporation's OpreXTM Analyzer family, will go on sale on May 6th. The TDLS8200 will be able to detect oxygen, carbon monoxide, and methane gas concentrations simultaneously and at high speed, while maintaining the same cheap installation cost, excellent measurement stability, and high dependability of the TDLS8100 that came before it.
• March 2021: Hawk Measurement Systems (HAWK), a global pioneer in measurement and monitoring systems, has introduced the new OptioLaser L100 and L200 Laser Level Transmitters. The OptioLaser L100/L200 level transmitter is perfect for measuring the level, distance, and location of solid and liquid surfaces. The highly narrow beam of this laser allows it to measure long and short distances at practically any angle. The OptioLaser L100/L200 is made entirely of stainless steel and is designed to withstand the hardest conditions.
• June 2020: Easy-Laser AB, the global leader in laser shaft alignment and geometric measurement technology, has opened a new office in Singapore. As Easy-Laser expands, organizational adjustments are put in place to better support the dependability community and its clients.

The Asia Pacific region is estimated to have the fastest rate of growth.

Europe is expected to hold a significant share of the market due to the market players like ABB. ABB is a major manufacturer of cutting-edge devices for detecting the level and volume of liquids and bulk solids. The LLT100, LM80, and LM200 non-contact laser volume and level products provide reliable measurement solutions in the following applications: inventory in bunkers, blending hoppers, reactor vessels, level control, and liquids in silos. These low-maintenance devices suit the needs of process automation and inventory management in a variety of industries, including mining, aggregates, oil and gas, chemicals, food and beverages, pharmaceuticals, water, and wastewater. Easy-Laser is the world's top manufacturer and provider of laser-based measurement and alignment equipment. It is also situated in Europe. They create simple solutions that are designed to rapidly and accurately make measurements and align machines for assignments in a variety of industries.

Laser Transmitter Market Scope:

 

Report Metric	Details
Growth Rate	CAGR during the forecast period
Base Year	2021
Forecast Period	2023 – 2028
Forecast Unit (Value)	USD Billion
Segments Covered	Range, Application, And Geography
Regions Covered	North America, South America, Europe, Middle East and Africa, Asia Pacific
Companies Covered	ABB Ltd, Hawk Measurement Systems, Easy-Lazer AB, HiTech Technologies, Pinpoint Laser Systems, Stabila, Robert Bosch GmbH, S3 Technics, Garner Industries Inc
Customization Scope	Free report customization with purchase

 

Segmentation:

• By Range
  • Less than 100M
  • 100M
• By Application
• • Oil and Gas
  • Water and Wastewater
  • Chemicals
  • Mining
  • Others
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Others

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY  

2.1. Research Data

2.2. Assumptions

3. EXECUTIVE SUMMARY

3.1.  Research Highlights

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Market Opportunities

4.4. Porter’s Five Force Analysis

4.4.1. Bargaining Power of Suppliers

4.4.2. Bargaining Power of Buyers

4.4.3. Threat of New Entrants

4.4.4. Threat of Substitutes

4.4.5. Competitive Rivalry in the Industry

4.5. Industry Value Chain Analysis

5. LASER TRANSMITTER  MARKET ANALYSIS, BY RANGE

5.1. Introduction

5.2. Less than 100M

5.3. 100M

6. LASER TRANSMITTER  MARKET ANALYSIS, BY APPLICATION

6.1. Introduction

6.2. Oil and Gas

6.3. Water and Wastewater 

6.4. Chemicals

6.5. Mining 

6.6. Others

7. LASER TRANSMITTER  MARKET ANALYSIS, BY GEOGRAPHY

7.1. Introduction

7.2. North America 

7.2.1. USA

7.2.2. Canada

7.2.3. Mexico

7.3. South America 

7.3.1. Brazil

7.3.2. Argentina

7.3.3. Others

7.4. Europe 

7.4.1. UK

7.4.2. Germany

7.4.3. France

7.4.4. Italy

7.4.5. Spain 

7.4.6. Others

7.5. Middle East and Africa 

7.5.1. Saudi Arabia

7.5.2. UAE

7.5.3. Others

7.6. Asia Pacific 

7.6.1. China

7.6.2. Japan

7.6.3. India

7.6.4. South Korea

7.6.5. Others

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis

8.2. Emerging Players and Market Lucrativeness

8.3. Mergers, Acquisitions, Agreements, and Collaborations

8.4. Vendor Competitiveness Matrix

9. COMPANY PROFILES

9.1. ABB Ltd 

9.2. Hawk Measurement Systems 

9.3.  Easy-Lazer AB  

9.4. HiTech Technologies  

9.5. Pinpoint Laser Systems 

9.6. Stabila 

9.7. Robert Bosch GmbH 

9.8. S3 Technics 

9.9. Garner Industries Inc  

ABB Ltd

Hawk Measurement Systems

Easy-Lazer AB 

HiTech Technologies 

Pinpoint Laser Systems

Stabila

Robert Bosch GmbH

S3 Technics

Garner Industries Inc