Non-dispersive Infrared (NDIR) Market Analysis: Valued at USD 681 Million in 2024, Projected to Reach USD 965 Million by 2029

A new research study indicates that the Non-dispersive Infrared (NDIR) market Size is expected to develop significantly. The market is expected to grow from its estimated value of USD 681 million in 2024 to USD 965 million by 2029, indicating a strong compound annual growth rate (CAGR) of 7.2% throughout the forecast period.

Numerous important variables, such as the rising demand for NDIR technology across a range of sectors and applications, are responsible for this growth trajectory. Accurate and trustworthy gas detection systems are becoming more and more necessary as worries about air quality and environmental pollution continue to rise. Precise measurement of a variety of gases, such as hydrocarbons, carbon dioxide, refrigerants, and more, is possible with NDIR technology.

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Demand for non-dispersive infrared (NDIR) sensors is surging, especially in the automotive and transportation, industrial and manufacturing, and food and beverage industries. For these industries to maintain operational effectiveness, safety, and regulatory compliance, precise gas sensing technology is essential. NDIR gas sensors are essential for monitoring and managing environmental conditions because they provide accurate and dependable detection of a broad variety of gases. Nevertheless, there are obstacles to market expansion, such as strong pricing pressure that lowers average selling prices. Notwithstanding these limitations, there are plenty of prospects in the NDIR market, particularly given the expanding use of gas sensors in consumer electronics. Compact, effective, and dependable gas sensing solutions are in high demand as smart devices become more and more ingrained in daily life. In the upcoming years, this will create profitable opportunities for market participants to innovate and take advantage of new trends, propelling the NDIR Industry continued growth.

Based on application type, the NDIR market for monitoring applications is expected to hold the highest market share during the forecast period.

Because air pollution is a major environmental concern that causes health risks, governments all over the world are taking efforts to lessen its effects. Consequently, there is an increasing need for efficient technology for monitoring air quality, such Non-dispersive Infrared (NDIR) sensors. The detection of dangerous gases and pollutants is made possible by NDIR sensors, which is essential for enhancing air quality and safeguarding public health. Anaesthesia monitoring is crucial for patient safety during procedures in the healthcare industry. Because they can measure gases like carbon dioxide, nitrous oxide, and strong anaesthetics like isoflurane, sevoflurane, and desflurane in real time, NDIR sensors are essential in this field. Furthermore, it is becoming more and more crucial to monitor capnography and refrigerant gases. NDIR technology is invaluable for environmental and medicinal applications due to its precise measurement of these gases. The NDIR market is anticipated to increase as a result of the increasing demand for accurate and dependable gas monitoring systems, which will spur additional innovation and industry adoption.

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NDIR market for VOCs to hold high market share during the forecast period.

The need for VOC sensors is growing due to the pervasiveness of volatile organic compounds (VOCs) in production processes in sectors like plastics, textiles, and medicines. While volatile organic compounds (VOCs) are present in many industrial, commercial, and domestic items, their build-up in the air and water has received the most attention. It is critical to monitor and regulate the amounts of these compounds since they might have substantial effects on the environment and human health. In metropolitan locations, where VOC concentrations can be greater due to industrial operations and traffic pollution, VOC sensors are especially important for keeping safe working environments and air quality. The potential risks of volatile organic compounds (VOCs) are becoming more well known, and as a result, regulatory compliance and health safety requirements are receiving more attention. As a result, the necessity for better air quality monitoring and sustainable industrial practices is anticipated to fuel significant growth in the VOC sensor market in the next years.

Industrial & Manufacturing segment by vertical in NDIR market to hold high market share during the forecast period.

Toxic and combustible gases are produced by the industrial and manufacturing sector, which includes sectors like semiconductor production, power plants, wastewater treatment, and packaging. Workers and the environment are at serious risk for serious health problems if these gases are present in excess. There is an increasing need for non-dispersive infrared (NDIR) systems that can precisely detect and regulate petrol emissions in order to reduce these hazards. NDIR sensors are useful for monitoring a range of gases, guaranteeing safe working conditions and adherence to environmental laws. As enterprises prioritise implementing dependable gas detection systems to protect human health and the environment, the NDIR market is expected to grow due to the increased focus on safety and environmental protection.

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North America by region is projected to hold the second highest market share during the forecast period.

Numerous industries, including oil and gas, automotive and transportation, food processing and storage, environmental monitoring, and healthcare, heavily rely on NDIR sensors and modules. These sensors provide precise and dependable gas detection, making them especially useful for monitoring air quality. The market is expanding mostly due to government measures in North America and other countries to reduce air pollution. These programmes promote the use of cutting-edge gas detection technologies to protect the environment and improve public health. As a result, there is a growing need for NDIR sensors since they provide a reliable way to uphold air quality and aid in regulatory initiatives.

Fixed NDIR modules and sensors to hold the second highest market share during the forecast period.

Fixed NDIR gas analyzers are widely used in many industries, such as manufacturing, oil and gas, HVAC, environmental monitoring, industrial safety, and laboratory applications. They are widely used in fields including emergency response, construction, and mining because of their capacity to offer real-time gas detection solutions in dangerous conditions. at order to maintain compliance with strict environmental requirements, these analyzers are essential for monitoring emissions at petrochemical plants, power generation facilities, and oil refineries. In these varied applications, stationary NDIR gas analyzers are essential for improving safety, efficiency, and regulatory compliance because they provide precise and dependable gas readings.

Non-dispersive Infrared (NDIR) Companies:

• Honeywell International Inc. (US)
• MSA. (US)
• Amphenol Corporation. (US)
• Yokogawa Electric Corporation (Japan)
• Emerson Electric Co. (US)  

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