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

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 market is als

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 like NDIR for ac

Invisible Guardians: Non-dispersive Infrared (NDIR) Market Sensors and the Safety Revolution

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The   Non-Dispersive Infrared (NDIR) Market  is expected to develop at a strong rate over the next several years, with projections indicating a rise from USD 0.7 billion in 2022 to USD 1.0 billion by 2027, or a strong compound annual growth rate of 6.0%. Numerous causes, including the growing need for effective gas monitoring solutions, especially in the oil and gas, industrial production, and HVAC systems sectors, are driving this rise. With its reputation for precision and dependability, NDIR technology is anticipated to be essential to many applications, including HVAC, monitoring, and detection and analysis. The growing awareness of environmental rules and its implementation, which emphasise the necessity for accurate gas monitoring and analysis across all verticals, are other factors driving the market's rise. The NDIR market is well-positioned to address industry demands for increased environmental compliance and safety measures, as well as to ensure effective gas measurement

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 the NDIR m

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 NDIR gas detec

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 Inc. (Japan),