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Showing posts with the label Non-dispersive Infrared (NDIR) Market Share

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. Download PDF Brochure @  https://www.marketsandmarkets.com/...

Global Non-Dispersive Infrared (NDIR) Market: Trends and Forecast for the Next Five Year

The   Non-Dispersive Infrared (NDIR)  Market is projected to experience steady growth, with an estimated valuation of USD 681 million in 2024, reaching USD 965 million by 2029. This represents a compound annual growth rate (CAGR) of 7.2%. The market expansion is primarily driven by the increasing adoption of NDIR sensors across various applications, including environmental monitoring, industrial safety, and HVAC systems. NDIR technology's ability to provide precise and reliable gas detection for CO2, methane, and other hydrocarbons positions it as a critical component in these sectors. Additionally, advancements in sensor technology, including miniaturization and integration with IoT platforms, are further enhancing its market appeal, ensuring robust growth over the forecast period. Download PDF Brochure:   https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=90187624 The increasing demand for Non-Dispersive Infrared (NDIR) gas sensors across industries such as automot...

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. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=90187624 The market for Non-dispersive Infrared (NDIR) gas sensors is exp...

Non-dispersive Infrared (NDIR) Market Expansion: Trends Shaping the $965 Million

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According to a research report " Non-dispersive Infrared (NDIR) Market   by Gas Type (Carbon Dioxide, Hydrocarbons, Refrigerant, Acetylene, Ethylene, Sulphur Hexafluoride, Carbon Monoxide, Anesthetic, VOCs, Hydrogen Sulphide, Chlorine), Product (Fixed, Portable) - Global Forecast to 2029" The NDIR market is expected to be valued at USD 681 million in 2024 and is projected to reach USD 965 million by 2029; it is expected to grow at a CAGR of 7.2% during the forecast period. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=90187624 The increasing demand for NDIR gas sensors in industries like automotive & transportation, industrial & manufacturing, food & beverages etc is fuelling NDIr market growth. Restraints such as intense pricing pressure resulting in decreased average selling price hinder market growth. However, factors such as growing adoption of gas sensors in consumer electronics provide lucrative opportunities for market pla...

Charting Growth: NDIR Market Expected to Exceed $1.0 Billion by 2027

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It is projected that the   Non-dispersive Infrared (NDIR) Market  would increase significantly, from USD 0.7 billion in 2022 to an expected USD 1.0 billion by 2027. Over the forecast period from 2022 to 2027, this growth trajectory is expected to materialise at a Compound Annual Growth Rate (CAGR) of 6.0%. The growing need for gas detection and analysis solutions, especially in applications like HVAC systems and monitoring, is one reason for the NDIR market's rise. The market's several verticals, which include manufacturing and industrial as well as oil and gas, are anticipated to greatly contribute to this expansion, demonstrating the growing significance of NDIR technology across numerous industries globally. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=90187624 The Non-dispersive Infrared (NDIR) Market is expanding at a rapid pace due to increased demand, especially from the food processing and storage sector. The rise of the ma...

Non-dispersive Infrared (NDIR) Market: Enhancing Worker Safety Across Industries

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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. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=90187624 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 l...

Emission Control Sparks Growth: Non-dispersive Infrared (NDIR) Market at $1.0 Billion by 2027

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According to a research report " Non-dispersive Infrared (NDIR) Market   by Gas Type (Carbon dioxide, hydrocarbons,others), Application (Monitoring, HVAC, Detection and Analysis), Vertical (Industrial & Manufacturing, Oil & Gas) and Region - Global Forecast to 2027" published by MarketsandMarkets, the global NDIR Market size is projected to grow from USD 0.7 billion in 2022  to USD 1.0 billion by 2027;  it is expected to grow at a CAGR of 6.0% from 2022 to 2027. The key factors contributing to the growth of the NDIR Market include increasing demand for NDIR CO2 sensors in the food processing & storage industry and a growing focus on worker safety across industries are among the factors driving the growth of the NDIR Market. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=90187624 Others are likely to register high CAGR In 2021, the others segment which include agriculture, greenhouse, and mining held the largest share of t...

Non-dispersive Infrared (NDIR) Market Technology Driving the Industry to $1.0 Billion by 2027

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With an anticipated increase from USD 0.7 billion in 2022 to USD 1 billion by 2027, indicating a Compound Annual expansion Rate (CAGR) of 6.0% over the forecast period of 2022 to 2027, the   Non-dispersive Infrared (NDIR) Market   is anticipated to experience significant expansion. Numerous industries, including environmental monitoring, gas analysis, and automotive applications, among others, rely heavily on NDIR technology. It is a popular option for many sensing and detecting applications due to its capability to precisely measure specific gas concentrations utilising infrared radiation. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=90187624 Two key drivers are driving the significant expansion of the NDIR market. First, there is a growing requirement in the oil and gas sector to manage methane leakage, which has increased demand for NDIR gas analyzers that can precisely identify and monitor methane emissions. Second, the adoption of ...

Non-dispersive Infrared (NDIR) Market Major Players and Forecast 2027

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The   Non-dispersive Infrared (NDIR) Market   is projected to grow from USD 0.7 billion in 2022 to USD 1 billion by 2027, at a CAGR of 6.0% from 2022 to 2027. Major factors driving the growth of the Non-dispersive Infrared (NDIR) Market include the need to contain methane leakage in the oil & gas industry and a growing focus on worker safety across industries. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=90187624 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 ...