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/...