1. What is the projected Compound Annual Growth Rate (CAGR) of the Non-Dispersive Infrared (NDIR) Market?
The projected CAGR is approximately 7%.
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Non-Dispersive Infrared (NDIR) Market by Gas Type (Carbon dioxide (CO2), Methane (CH4), Carbon monoxide (CO), Hydrocarbons, Refrigerant gases, Others), by Technology Type (Single-Wavelength NDIR, Dual-Wavelength NDIR, Multi-Wavelength NDIR), by End-use (Environmental monitoring, Industrial safety, Food and beverage processing, Medical diagnostics, Automotive emissions monitoring, Others), by North America (U.S., Canada), by Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), by Asia Pacific (China, India, Japan, South Korea, ANZ, Rest of Asia Pacific), by Latin America (Brazil, Mexico, Rest of Latin America), by MEA (UAE, Saudi Arabia, South Africa, Rest of MEA) Forecast 2025-2033
The size of the Non-Dispersive Infrared (NDIR) Market was valued at USD 650 Million in 2024 and is projected to reach USD 1043.76 Million by 2033, with an expected CAGR of 7% during the forecast period.This growth is driven by the increasing demand for NDIR sensors in various applications, including environmental monitoring, industrial safety, automotive, and HVAC systems. NDIR sensors offer high accuracy, low maintenance, and long-term stability, making them ideal for detecting gases such as CO₂, CO, and hydrocarbons. Additionally, stringent government regulations regarding emissions and air quality are propelling market expansion, as industries seek efficient gas detection solutions to comply with environmental standards. Technological advancements, including miniaturization and integration with IoT, are further enhancing the adoption of NDIR sensors across different sectors. As industries prioritize safety, energy efficiency, and environmental sustainability, the NDIR market is poised for steady growth, driven by continuous innovation and increasing application diversity.
The NDIR market is concentrated in North America and Europe, driven by stringent regulations and well-established safety protocols. Innovation focuses on enhancing sensor performance, reducing size, and integrating wireless connectivity. Product substitutes, such as electrochemical and optical sensors, present competition but offer different advantages for specific applications. Mergers and acquisitions have been prevalent, with companies seeking to expand their portfolios and strengthen their market position.
The NDIR market is witnessing the adoption of multi-wavelength and tunable laser-based NDIR sensors, which provide higher accuracy and specificity. Additionally, the industry is moving towards miniaturization and wireless communication, leveraging IoT platforms for remote monitoring and data analysis. The demand for NDIR sensors in environmental monitoring and industrial safety is increasing due to growing concerns about air quality and safety hazards.
North America and Europe are expected to dominate the NDIR market due to their advanced industrial infrastructure and stringent regulatory frameworks. The environmental monitoring segment is projected to hold the largest share, driven by rising awareness about pollution and the need for air quality management. The healthcare sector is also anticipated to witness significant growth, with NDIR sensors used for non-invasive medical diagnostics, such as breath analysis for disease detection.
This report provides comprehensive coverage of the NDIR market, including:
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 7% from 2019-2033 |
Segmentation |
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Note* : In applicable scenarios
Primary Research
Secondary Research
Involves using different sources of information in order to increase the validity of a study
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The projected CAGR is approximately 7%.
Key companies in the market include ABB Group, Dynament Ltd., ELT SENSOR Corp., Emerson Electric Co., Figaro Engineering Inc., Gas Sensing Solutions (GSS), Honeywell International Inc., HORIBA, Ltd., SenseAir AB, Siemens AG, SICK AG.
The market segments include Gas Type, Technology Type, End-use.
The market size is estimated to be USD 650 Million as of 2022.
Increasing Emphasis on Environmental Monitoring and Regulatory Compliance. Growing Demand for Industrial Safety Requirements. Rising Advancements in NDIR Sensor Technology. Growing Awareness of Indoor Air Quality. Increasing Expansion of IoT and Smart Building Solutions.
The NDIR market is witnessing the adoption of multi-wavelength and tunable laser-based NDIR sensors. which provide higher accuracy and specificity. Additionally. the industry is moving towards miniaturization and wireless communication. leveraging IoT platforms for remote monitoring and data analysis. The demand for NDIR sensors in environmental monitoring and industrial safety is increasing due to growing concerns about air quality and safety hazards..
Cross-sensitivity issues. Limited detection range.
In June 2022, ABB partnered with Wison Offshore & Marine. The partnership aims to develop floating liquefied natural gas facilities to support the rapidly growing global market and develop and implement floating liquefied natural gas (FLNG) projects globally. ABB's gas analyzers used in this application are process gas chromatographs which measure the heating value of the Liquefied Natural Gas as it is transferred from the production stations to LNG tankers. These analyzers enhance operational safety, maximize process efficiency and optimize product yield.
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The market size is provided in terms of value, measured in Million and volume, measured in units.
Yes, the market keyword associated with the report is "Non-Dispersive Infrared (NDIR) Market," which aids in identifying and referencing the specific market segment covered.
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