Key Drivers Behind the $965 Million Non-dispersive Infrared (NDIR) Market by 2029

The Non-dispersive Infrared (NDIR) Market is anticipated to experience robust growth, with its value projected to increase from USD 681 million in 2024 to USD 965 million by 2029, growing at a CAGR of 7.2% during the forecast period. This expansion is driven by the growing demand for precise and reliable gas detection across various industries, including environmental monitoring, industrial safety, and healthcare. NDIR sensors are favored for their ability to accurately measure a wide range of gases, including carbon dioxide, hydrocarbons, and volatile organic compounds (VOCs). The rising need for portable and fixed gas detection systems in response to stringent safety regulations and the increasing focus on environmental sustainability further propels the market. Additionally, advancements in NDIR technology, such as enhanced sensitivity and miniaturization, are expected to contribute to the market's growth.

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The growing demand for NDIR (Non-Dispersive Infrared) gas sensors across industries such as automotive & transportation, industrial & manufacturing, and food & beverages is driving the expansion of the NDIR Industry. These sensors are essential for monitoring and controlling emissions, ensuring safety, and enhancing process efficiency in various applications. However, the market faces challenges, including intense pricing pressure, leading to a decrease in the average selling price of NDIR gas sensors, which hampers growth. Despite these challenges, the increasing adoption of gas sensors in consumer electronics presents lucrative opportunities for market players in the coming years, potentially offsetting the impact of pricing constraints.

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

Air pollution remains a significant global environmental threat, prompting governments worldwide to prioritize monitoring and mitigation efforts. Simultaneously, anesthesia monitoring is essential for patient safety during medical procedures, requiring real-time tracking of gases such as carbon dioxide, nitrous oxide, and potent anesthetic agents like isoflurane, sevoflurane, and desflurane. This need for precise monitoring in both environmental and healthcare contexts is driving demand for NDIR (Non-Dispersive Infrared) sensors. Additionally, the growing importance of monitoring refrigerant gases and applications in capnography further bolsters the NDIR market, highlighting its critical role in safeguarding both public health and the environment.

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

Volatile Organic Compounds (VOCs) are prevalent in manufacturing processes across industries like textiles, plastics, and pharmaceuticals, driving a growing demand for VOC sensors. Although VOCs are found in various household, industrial, and commercial products, their accumulation in air and water is a significant concern. VOC sensors are essential for maintaining safe working environments and ensuring air quality in urban areas. As awareness of the health and environmental impacts of VOCs increases, the market for VOC sensors is anticipated to experience significant growth in the coming years, reflecting their critical role in industrial safety and environmental protection.

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

The industrial and manufacturing sector, including industries such as packaging, power plants, wastewater treatment, and semiconductor manufacturing, is a significant source of both combustible and toxic gases. High concentrations of these gases can pose serious health risks to workers and negatively impact the environment. This has led to a rising demand for Non-Dispersive Infrared (NDIR) gas sensors, which are vital for detecting and controlling gas levels. The increasing focus on safety and environmental protection within these industries is driving the growth of the NDIR solutions market, as they provide reliable and efficient gas monitoring capabilities.

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

NDIR (Non-Dispersive Infrared) sensors and modules find extensive application across diverse industries such as oil & gas, automotive & transportation, food processing & storage, environmental, and healthcare. These sensors are particularly effective in air quality monitoring, making them indispensable in environments where precise gas detection is critical. In North America, the market for NDIR sensors is experiencing significant growth, propelled by government initiatives focused on reducing air pollution. The emphasis on improving air quality standards, along with the robust industrial base in the region, is further driving the adoption of NDIR technology across various sectors.

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

Fixed NDIR gas analyzers are widely utilized across various sectors, including environmental monitoring, industrial safety, manufacturing, oil and gas, HVAC, and laboratory applications. These analyzers are crucial for providing real-time gas detection solutions in hazardous environments, making them essential for industries like mining, construction, and emergency response, where safety is paramount. Additionally, they play a critical role in monitoring emissions in oil refineries, petrochemical plants, and power generation facilities to ensure compliance with stringent environmental regulations. The demand for these analyzers is driven by the need for accurate, reliable, and continuous monitoring to safeguard both human health and the environment across these critical industries.

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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https://www.prnewswire.com/news-releases/non-dispersive-infrared-ndir-market-worth-965-million-by-2029---exclusive-report-by-marketsandmarkets-302105713.html 

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