Non-dispersive Infrared (NDIR) Market Share to grow at a CAGR of 7.2% by 2025
The NDIR Market Size is projected to reach USD 535 million by 2025 from an estimated USD 379 million in 2020, at a CAGR of 7.2% from 2020 to 2025. Increasing demand for NDIR CO2 sensors in the food processing & storage industry and growing focus on worker safety across industries are among the factors driving the growth of the NDIR Market. Carbon Dioxide Segment to projected to register the highest CAGR between 2020 to 2025 The carbon dioxide is a prime gas in the environment and is closely related to the daily life functions and activities of humans. The concentration of carbon dioxide compared to other gases is more in the environment. It is also responsible for increased global warming. Thus, it is important to monitor the CO2 levels in the atmosphere to protect the environment, and human, and animal life. Thus, the NDIR CO2 sensors and modules segment is projected to grow at the highest CAGR during the forecast period. Download PDF Brochure @ https://www.mark...