Non-dispersive Infrared (NDIR) Market: Enhancing Worker Safety Across Industries
According to predictions, the Non-dispersive Infrared (NDIR) Market is expected to grow significantly, rising from USD 0.7 billion in 2022 to USD 1 billion by 2027. Between 2022 and 2027, this increase is projected to occur at a Compound Annual increase Rate (CAGR) of 6.0%.
Gas detection and monitoring systems in a variety of industries use NDIR technology, which is based on the idea that some gas molecules absorb infrared light. The growing need for precise and dependable gas sensing systems in essential industries including emissions control, industrial safety, and environmental monitoring is fueling the market's growth.
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The NDIR (Non-dispersive Infrared) Market technology is expanding rapidly due to a number of important considerations. The necessity of addressing methane leaks in the oil and gas sector is one of the main motivators. The use of cutting-edge technologies like NDIR for accurate and effective gas leak detection is becoming more and more important due to the worries about methane emissions' effects on the environment and sustainability. Furthermore, the market is expanding as a result of a greater emphasis on worker safety in a variety of industries. The capacity of NDIR technology to precisely identify and track gases, guaranteeing a safer working environment, has become essential in sectors where worker exposure to dangerous gases presents concerns. With safety and environmental responsibility becoming more and more important to enterprises, the NDIR Market is poised for continued growth.
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Key players in the NDIR Market include Amphenol (US), Honeywell (US), Senseair AB (Sweden), S+S Regeltechnik (Germany), Dynament (UK), Nano Environmental Technology (N.E.T.) (Italy), MIPEX TECHNOLOGY (Russia), Emerson Electric (US), Shenzhen Mindray Bio-Medical Electronics (China), Cubic Sensor and Instrument (China), Alphasense (UK), Analox Group (UK), Bacharach Inc (US), Dragerwerk AG & Co. KGaA (Germany), Edinburgh Sensors (UK), E+E Elektronik (Austria), eLichens (France), ELT Sensor Corp (Korea), Figaro Engineering Inc. (Japan), Fuji Electric (Japan) Gas Sensing Solutions (UK), Hubei Cubic-Ruiyi Instrument (China), Sensirion AG (Switzerland), smartGAS Mikrosensorik (Germany), Yokogawa (Japan), and Zhengzhou Winsen Electronics (China). To compete in the NDIR market, these companies have used a variety of growth strategies, including product launches and development, expansions, collaborations, and acquisitions. From 2018 to 2021, the key players most dominant strategy for strengthening their product portfolio and broadening their consumer base has been product launches and developments.
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In the NDIR (Non-dispersive Infrared) industry, Amphenol has become a major participant, with a projected 15%–20% market share in 2022. The company's dedication to organic growth—which is demonstrated by activities like product releases and market expansions inside NDIR—underlines its strategic orientation. Amphenol has a history of making these kinds of purchases to bolster its market position because it understands that the industry's fragmentation presents a strategic acquisition opportunity. Notably, Amphenol's supremacy in gas sensors—with an emphasis on NDIR sensors—has grown significantly as a result of the acquisition of SGX Sensortech. The company's global reach further improves its capacity to meet the various needs of clients across the globe.
Thanks to its strong presence in important markets like the US, Taiwan, China, Germany, the UK, and Taiwan, Honeywell International Inc. has developed a leading position in the NDIR (Non-dispersive Infrared) market. The business offers a wide range of NDIR sensors designed for a variety of uses, including those in demanding and dangerous conditions. By using a multichannel distribution strategy, Honeywell makes sure that its target audience is effectively reached. The organisation, which is dedicated to technical developments, expects the NDIR sensor market to grow significantly due to cutting-edge innovations and changing industrial needs.
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