NDIR Market Dynamics: Forecasting USD 965 Million by 2029
The Non-dispersive Infrared (NDIR) Market by Gas Type (Carbon Dioxide, Hydrocarbons, Refrigerant, Acetylene, Ethylene, Sulphur Hexafluoride, Carbon Monoxide, Anaesthetic, VOCs, Hydrogen Sulphide, Chlorine), Product (Fixed, Portable) - Global Forecast to 2029," the market for NDIR is anticipated to reach USD 965 million by 2029, expanding at a compound annual growth rate of 7.2% over the course of the forecast period.
The rise in demand for NDIR sensors across multiple industries can be attributed to their precision, dependability, and low maintenance requirements, which is fueling this increase. Gases like carbon dioxide, hydrocarbons, refrigerants, and other dangerous gases are widely detected and measured in industrial safety, environmental monitoring, automotive, and healthcare applications using NDIR technology.
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The market for Non-dispersive Infrared (NDIR) gas sensors is expanding due to the growing need for these sensors in many industries, including automotive and transportation, manufacturing, and food and beverage. In these industries, these sensors are crucial for preserving product quality, guaranteeing safety, and tracking and regulating petrol emissions. The market is subject to constraints despite its favourable growth trajectory. One such constraint is the extreme pricing pressure that lowers average selling prices and may have an adverse effect on manufacturers' profit margins. Nonetheless, market participants can benefit greatly from the expanding use of gas sensors in consumer electronics due to the demand for improved indoor air quality and smart home applications.
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 poses such a serious threat to the environment, governments all over the world have put strict laws and monitoring systems in place. The need for Non-dispersive Infrared (NDIR) gas sensors, which are crucial for identifying and measuring pollutants including carbon dioxide and volatile organic compounds, is being driven by the growing emphasis on air quality management. Anaesthesia monitoring is essential for patient safety during medical procedures in the healthcare industry. It is essential to monitor gases such as carbon dioxide, nitrous oxide, and strong anaesthetics like isoflurane, sevoflurane, and desflurane in real time. The NDIR market is further driven by the requirement for precise refrigerant gas monitoring as well as the application of capnography in medical diagnostics.
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NDIR market for VOCs to hold high market share during the forecast period.
Volatile Organic Compounds (VOCs) are widely used in industrial processes in a variety of industries, such as plastics, textiles, and medicine. The need for VOC sensors keeps growing since during production volatile compounds are emitted into the atmosphere. In order to maintain air quality, especially in metropolitan areas, and to provide safe working environments, VOC sensors play a crucial role in the detection and quantification of volatile compounds. The focus on monitoring and regulating VOC levels has increased due to the possible health and environmental problems they pose. Because of this, the market for VOC sensors is expected to increase significantly in the near future due to rising knowledge of the implications of these sensors and the necessity of taking preventative action to lessen their negative impacts.
Industrial & Manufacturing segment by vertical in NDIR market to hold high market share during the forecast period.
Packaging, power plants, wastewater treatment, and semiconductor manufacturing are just a few of the many sectors that fall under the umbrella of the industrial and manufacturing sector. Toxic and flammable gases are frequently released during the production operations in these industries. These gases build up and pose serious health risks to both the environment and the workforce. As such, it is becoming increasingly important to identify and manage these emissions. In industrial contexts, non-dispersive infrared (NDIR) technologies have become an essential technology for gas detection and monitoring. These systems provide accurate and dependable gas detection for a variety of gases, such as hydrocarbons, carbon dioxide, and refrigerants. NDIR systems provide proactive steps to enhance safety and prevent hazards by offering real-time insights into gas concentrations.
North America by region is projected to hold the second highest market share during the forecast period.
A wide range of industries, including oil and gas, automotive and transportation, food processing and storage, environmental monitoring, and healthcare, have come to rely heavily on NDIR (Non-dispersive Infrared) sensors and modules. These sensors are essential for the detection and measurement of gases, including hydrocarbons, refrigerants, and carbon dioxide. Real-time evaluation of interior and outdoor air pollution levels is made possible by NDIR sensors, which are widely used in air quality monitoring. Governments all around the world are enacting strict laws and programmes to lower pollution levels as worries over air quality and its effects on human health grow. The use of regulations and environmental laws to combat air pollution has received a lot of attention, especially in North America.
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Fixed NDIR modules and sensors to hold the second highest market share during the forecast period.
Fixed NDIR (Non-dispersive Infrared) gas analyzers are essential for a variety of verticals because they provide precise and dependable gas detection solutions for a broad range of uses. These analyzers are widely used in environmental monitoring, where they assist in detecting contaminants, measuring and monitoring air quality, and evaluating the environmental impact of industrial operations. Fixed NDIR gas analyzers are essential for maintaining workplace safety in industrial settings since they can identify dangerous gases and avert possible mishaps. Fixed NDIR gas analyzers are essential for manufacturing sectors to maintain process efficiency, monitor gas emissions, and adhere to regulatory norms. Analyzers of the same type are used in the oil and gas industry to keep an eye out for gas leaks, guarantee worker safety, and stop environmental contamination. For gas analysis and research, laboratory applications benefit from the accuracy and dependability of fixed NDIR gas analyzers. Furthermore, real-time gas detection is necessary in hazardous environments like mines, building sites, and emergency response situations to identify any threats and guarantee the safety of workers and first responders. Fixed NDIR gas analyzers are essential for monitoring emissions in establishments like petrochemical plants, power generation facilities, and oil refineries, in addition to their industrial uses. These analyzers assist industries in reducing their environmental footprint and mitigating the effects of their activities on the surrounding environment by continuously monitoring petrol emissions and guaranteeing compliance with environmental standards.
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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