PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1443358
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1443358
Non-Dispersive Infrared Market size was valued at USD 745.5 Million in 2023, expanding at a CAGR of 6.5% from 2024 to 2032.
Non-Dispersive Infra-Red (NDIR) detectors are the industry standard method of measuring the concentration of carbon oxides (CO & CO2). Non dispersive infrared spectroscopy (ND-IR) is often used to detect gas & measure the concentration of carbon oxides (e.g. carbon monoxide, carbon dioxide). Non-dispersive infrared (NDIR) gas sensors applied in an environmental field are considered. NDIR sensors are commonly used for detecting and measuring a wide range of gases, including carbon dioxide (CO2), methane (CH4), carbon monoxide (CO), and various hydrocarbons. They are employed in various applications such as environmental monitoring, industrial safety, automotive emissions control, indoor air quality monitoring, and greenhouse gas measurements.
Non-Dispersive Infrared Market- Market Dynamics
Rapid Industrialization across various sectors, including oil and gas, chemicals and manufacturing are expected to drive the growth of market
The Non-Dispersive Infrared market is expected to experience significant growth due to the rapid industrialization in various sectors, as well as the increasing focus on workplace safety and environmental regulations. NDIR sensors play a crucial role in the oil and gas industry by monitoring gases like methane, carbon dioxide, and hydrocarbons in drilling operations, refineries, and pipelines. The global oil and gas exploration and production industry generates an annual revenue of USD5 trillion, as per industry statistics. The shift towards industrial automation and smart manufacturing technologies presents new opportunities for NDIR solutions, although challenges such as Limited Detection Range for Some Gases may hinder market expansion.
Non-Dispersive Infrared Market- Key Insights
As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 6.5% over the forecast period (2024-2032)
Based on Gas Type segmentation, Carbon Dioxide was predicted to show maximum market share in the year 2023
Based on application segmentation, Detection and Analysis was the leading type in 2023
Based on End-user segmentation, Automotive and Transportation was the leading type in 2023
On the basis of region, North America was the leading revenue generator in 2023
The Global Non-Dispersive Infrared Market is segmented on the basis of Gas Type, Application, End-user and Region.
The market is categorized into four groups according to the gas type: Carbon Dioxide, Hydrocarbons, Carbon Monoxide, and Others. Carbon Dioxide holds the largest share in the market. The expansion of the NDIR market is strongly linked to the rising need for CO2 sensing solutions in different industries. This demand is driven by factors like strict environmental regulations, increasing awareness of climate change, and the requirement for enhanced workplace safety and indoor air quality.
The market is segmented into three categories according to application: Heating, Ventilation and Air Conditioning (HVAC), Monitoring and Detection, and Analysis. The dominant segment in the market is Detection and Analysis. The NDIR market is experiencing continuous growth due to the increasing demand for dependable and precise gas detection and analysis solutions in a wide range of industries. Progress in NDIR technology, including miniaturization, enhanced sensitivity, and reduced power consumption, is also boosting its utilization in different detection and analysis applications.
The market is divided into Four categories based on End-User: Automotive and Transportation, Chemicals, Oil and Gas, Medical, Industrial and Manufacturing, Environmental, Food Processing and Storage and Others. Automotive and Transportation segment dominates the market. NDIR technology remains crucial in automotive and transportation applications, playing a significant role in reducing emissions, enhancing air quality, and improving fuel efficiency in vehicles and transportation systems.
Non-Dispersive Infrared Market- Geographical Insights
This market is geographically widespread across North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further divided based on the countries involved in business activities. The growth of the market is expected to be dominated by North America, primarily due to the rising demand for gas sensing solutions. This region is known for its strong ecosystem of research institutions, technology firms, and industrial players that focus on innovation in gas sensing technologies. The adoption of NDIR sensors has been accelerated in various industries in North America, due to technological advancements that have improved their sensitivity, accuracy, and reliability. According to the American Gas Association, the U.S. natural gas industry had a total of 2.75 million miles of pipeline, including distribution, services, transmission, and gathering lines, in place by 2022. Europe holds the second-largest region for market growth, mainly due to increasing investments in the development of IoT-based NDIR sensors for a wide range of applications.
The competition in the Non-Dispersive Infrared Market is fierce, with manufacturers vying to offer high-performance products equipped with advanced features like real-time data monitoring, remote connectivity, and predictive maintenance capabilities. ABB stands out in the market due to its global presence, strong customer relationships, diverse product portfolio, technological expertise, and commitment to customer satisfaction. Other key players leverage their strong R&D capabilities and strategic acquisitions to enhance their competitiveness in the NDIR market. With the increasing demand for NDIR-based solutions in different industries, companies are continuously innovating to differentiate themselves based on product quality, customer service, and market expansion. This intense competition is expected to drive further innovation and progress in the market.
In May 2023, the new generation of non-dispersive infrared method (NDIR) gas analyzers, known as the IR800G Rack Type Infrared Gas Analyzer, IR810G Wall and Panel Mount Type Infrared Gas Analyzer, and IR810S Explosion-protected model Infrared Gas Analyzer (wall mount), has been added to the OpreXTM Analyzers lineup by Yokogawa Electric Corporation. These analyzers can be mounted in a variety of ways and can be operated to suit a wide range of requirements. With their high sensitivity to measure NO, SO2, CO2, CO, CH4, and O2 concentrations simultaneously and continuously, these new NDIR gas analyzers are anticipated to be a major contributor to the reduction of greenhouse gas emissions that are directly related to global warming.
GLOBAL NON-DISPERSIVE INFRARED MARKET KEY PLAYERS- DETAILED COMPETITIVE INSIGHTS
Amphenol
Honeywell International Inc.
Senseair AB
Dynament
Mipex Technology
Gas Sensing Solutions Ltd
Nano Environmental Technology
Emerson Electric
Cubic Sensors Instruments
Others