Need help finding what you are looking for?
Contact Us
PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1460076
PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1460076
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
PUBLISHED:
PAGES: 227 Pages
DELIVERY TIME: 1-2 business days
SELECT AN OPTION
The global 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% from 2024 to 2029. In critical industries such as oil & gas, chemical manufacturing, and mining, where workers are exposed to various toxic or flammable gases, reliable gas sensing technology is essential for maintaining a safe working environment and preventing costly incidents.
| Scope of the Report | |
|---|---|
| Years Considered for the Study | 2020-2029 |
| Base Year | 2023 |
| Forecast Period | 2024-2029 |
| Units Considered | Value (USD Billion) |
| Segments | By Gas Type, Product and Region |
| Regions covered | North America, Europe, APAC, RoW |
"Portable by product type segment to account higher market share in NDIR market during the forecast period"
NDIR portable sensors have versatility and increasing demand for on-the-go gas detection solutions across various applications. The rising focus on workplace safety and environmental monitoring drives the adoption of portable NDIR sensors in industries such as oil & gas, construction, and emergency response. Advancements in technology, including miniaturization and improved battery life, make portable NDIR sensors more convenient and effective for real-time gas detection in diverse settings, fueling their market growth.
"Refrigerant Gases to account for second highest CAGR in NDIR market by type during the forecast period"
Increasing concerns about climate change and the need to reduce greenhouse gas emissions drive demand for refrigerant gases monitoring solutions in various industries, including automotive, agriculture, and industrial manufacturing. Due to increasing demand for energy-efficient refrigeration and air conditioning systems, stringent environmental regulations promoting the adoption of low-GWP (Global Warming Potential) refrigerants, and advancements in NDIR technology enhancing gas detection accuracy and reliability. Additionally, the shift towards sustainable refrigerants to mitigate climate change further drives the market's growth trajectory.
"Automotive & Transportation to account for third higher CAGR by Vertical in NDIR Market"
The increasing regulatory requirements for emissions monitoring and workplace safety drive the adoption of NDIR sensors in industrial settings. Expansion of industrial activities, particularly in emerging economies, necessitates robust gas detection solutions to mitigate environmental risks and ensure operational efficiency. Advancements in NDIR sensor technology, offering improved sensitivity and reliability, further enhance their adoption in industrial applications, contributing to the sector's growth.
"The European region growing at third highest CAGR in NDIR market"
Europe's NDIR market is poised for a higher CAGR due to stringent environmental regulations driving demand for gas sensing technologies, particularly in sectors like automotive, industrial, and environmental monitoring. The region also emphasizes on sustainable practices and energy efficiency fosters increased adoption of NDIR solutions, propelling market growth. Moreover, technological advancements and innovations in NDIR sensor technology are likely to further boost market expansion in Europe.
The study contains insights from various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:
- By Company Type: Tier 1 - 38%, Tier 2 - 28%, and Tier 3 - 34%
- By Designation: C-level Executives - 40%, Directors - 30%, and Others - 30%
- By Region: North America - 35%, Europe - 20%, Asia Pacific - 35%, and RoW - 10%
The key players operating in the NDIR market are MSA. (US), Yokogawa Electric Corporation (Japan), Amphenol Corporation. (US), Emerson Electric Co. (US), Honeywell International Inc. (US) etc.
Research Coverage: The research reports the NDIR market has been segmented based on gas type, product type, by application, by vertical and by region. Based on gas type, the market has been segmented into Volatile Organic Compounds (VOSs), Carbon Dioxide, Hydrocarbons, Refrigerants, Sulfur Hexafluoride, Carbon Monoxide, Ethylene, Anesthetic Gases, Acetylene, and others which include Hydrogen Sulfide, Nitrogen Oxide and Chlorine. By product type, the market has been segmented into Fixed and Portable. By Application the market has been divided into HVAC, Monitoring and Detection & Anlaysis. By Vertical the market has been segmented into Automotive & Transportation, Chemicals, Oil & Gas, Healthcare, Industrial & Manufacturing, Environmental, Food & Beverages, Other Verticals which include Mining, Greenhouse and Agriculture. The market by Region has been segmented into North America, Europe, Asia Pacific, and RoW.
The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the NDIR market. A detailed analysis of the key industry players has been done to provide insights into their business overviews, products, key strategies, contracts, partnerships, and agreements. New product & and service launches, mergers and acquisitions, and recent developments associated with the NDIR market. Competitive analysis of upcoming startups in the NDIR market ecosystem is covered in this report.
Key Benefits of Buying the Report
- Analysis of key drivers (Need to contain methane leakage in oil & gas industry, Increasing demand for NDIR CO2 sensors in food processing & storage industry, Enhanced emphasis on worker safety across industries, High demand for gas sensors in critical industries, Advancements in IoT and connectivity), restraints (Intense pricing pressure resulting in decreased average selling price (ASP), Time-consuming sensor development process, Need for calibration and maintenance), opportunities (Rising demand for NDIR sensors in medical industry, Need for advanced alcohol sensors in automotive & transportation industry, Growing adoption of gas sensors in consumer electronics, Growing demand in emerging markets), and challenges (Need for product differentiation to meet unique end-use requirements, Competition from alternative technologies) influencing the growth of the NDIR market.
- Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the NDIR market
s
- Market Development: Comprehensive information about lucrative markets - the report analyses the NDIR market across varied regions.
- Market Diversification: Exhaustive information about new products/services, untapped geographies, recent developments, and investments in the NDIR market
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Honeywell International Inc. (US), Emerson Electric Co. (US), Amphenol Corporation. (US) and Yokogawa Electric Corporation (Japan).
Product Code: SE 7772
TABLE OF CONTENTS
1 INTRODUCTION
- 1.1 STUDY OBJECTIVES
- 1.2 MARKET DEFINITION
- 1.3 STUDY SCOPE
- 1.3.1 MARKETS COVERED
- FIGURE 1 NDIR MARKET: SEGMENTATION
- 1.3.2 REGIONAL SCOPE
- 1.3.3 INCLUSIONS AND EXCLUSIONS
- 1.3.4 YEARS CONSIDERED
- 1.4 CURRENCY CONSIDERED
- 1.5 UNITS CONSIDERED
- 1.6 LIMITATIONS
- 1.7 STAKEHOLDERS
- 1.8 SUMMARY OF CHANGES
- 1.9 RECESSION IMPACT
2 RESEARCH METHODOLOGY
- 2.1 RESEARCH DATA
- FIGURE 2 NDIR MARKET: RESEARCH DESIGN
- 2.1.1 SECONDARY AND PRIMARY RESEARCH
- FIGURE 3 NDIR MARKET: RESEARCH APPROACH
- 2.1.2 SECONDARY DATA
- 2.1.2.1 Major secondary sources
- 2.1.2.2 Key data from secondary sources
- 2.1.3 PRIMARY DATA
- 2.1.3.1 Primary interviews with experts
- 2.1.3.2 Key primary interview participants
- 2.1.3.3 Breakdown of primaries
- 2.1.3.4 Key data from primary sources
- 2.1.3.5 Key industry insights
- 2.2 MARKET SIZE ESTIMATION METHODOLOGY
- FIGURE 4 NDIR MARKET: MARKET SIZE ESTIMATION METHODOLOGY
- 2.2.1 BOTTOM-UP APPROACH
- 2.2.1.1 Approach to estimate market size using bottom-up analysis (demand side)
- FIGURE 5 NDIR MARKET: BOTTOM-UP APPROACH
- 2.2.2 TOP-DOWN APPROACH
- 2.2.2.1 Approach to estimate market size using top-down analysis (supply side)
- FIGURE 6 NDIR MARKET: TOP-DOWN APPROACH
- FIGURE 7 NDIR MARKET: SUPPLY-SIDE ANALYSIS
- 2.3 DATA TRIANGULATION
- FIGURE 8 NDIR MARKET: DATA TRIANGULATION
- 2.4 RESEARCH ASSUMPTIONS
- TABLE 1 NDIR MARKET: RESEARCH ASSUMPTIONS
- 2.5 RESEARCH LIMITATIONS
- FIGURE 9 NDIR MARKET: RESEARCH LIMITATIONS
- 2.6 RISK ASSESSMENT
- TABLE 2 NDIR MARKET: RISK ASSESSMENT
- 2.7 PARAMETERS CONSIDERED TO ANALYZE IMPACT OF RECESSION ON NDIR MARKET
- TABLE 3 NDIR MARKET: PARAMETERS CONSIDERED TO ANALYZE IMPACT OF RECESSION
3 EXECUTIVE SUMMARY
- FIGURE 10 REFRIGERANT GASES SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
- FIGURE 11 HVAC APPLICATION TO WITNESS HIGHEST CAGR FROM 2024 TO 2029
- FIGURE 12 AUTOMOTIVE & TRANSPORTATION VERTICAL TO HOLD SECOND HIGHEST SHARE OF MARKET DURING FORECAST PERIOD
- FIGURE 13 PORTABLE SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
- FIGURE 14 ASIA PACIFIC TO ACCOUNT FOR LARGEST MARKET SHARE IN 2024
4 PREMIUM INSIGHTS
- 4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN NDIR MARKET
- FIGURE 15 STRINGENT ENVIRONMENTAL REGULATIONS TO BOOST MARKET
- 4.2 NDIR MARKET, BY GAS TYPE
- FIGURE 16 CARBON DIOXIDE SEGMENT TO DOMINATE MARKET IN 2029
- 4.3 NDIR MARKET, BY APPLICATION
- FIGURE 17 MONITORING SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
- 4.4 NDIR MARKET, BY VERTICAL
- FIGURE 18 FOOD & BEVARAGES SEGMENT TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD
- 4.5 NDIR MARKET IN ASIA PACIFIC, BY VERTICAL AND GEOGRAPHY
- FIGURE 19 AUTOMOTIVE & TRANSPORTATION SEGMENT AND CHINA HELD LARGEST SHARES OF ASIA PACIFIC MARKET IN 2023
- 4.6 NDIR MARKET, BY REGION
- FIGURE 20 NDIR MARKET IN INDIA TO RECORD HIGHEST CAGR DURING FORECAST PERIOD
5 MARKET OVERVIEW
- 5.1 INTRODUCTION
- 5.2 MARKET DYNAMICS
- FIGURE 21 NDIR MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
- 5.2.1 DRIVERS
- FIGURE 22 NDIR MARKET: IMPACT ANALYSIS OF DRIVERS
- 5.2.1.1 Need to contain methane leakages in oil & gas industry
- 5.2.1.2 Increasing demand for NDIR CO2 sensors in food processing & storage industry
- 5.2.1.3 Enhanced emphasis on worker safety across industries
- 5.2.1.4 High demand for gas sensors in critical industries
- 5.2.1.5 Advancements in IoT and connectivity
- 5.2.2 RESTRAINTS
- FIGURE 23 NDIR MARKET: IMPACT ANALYSIS OF RESTRAINTS
- 5.2.2.1 Price erosion due to intense competition
- 5.2.2.2 Time-consuming sensor development process
- 5.2.3 OPPORTUNITIES
- FIGURE 24 NDIR MARKET: IMPACT ANALYSIS OF OPPORTUNITIES
- 5.2.3.1 Rising demand for NDIR sensors in healthcare industry
- 5.2.3.2 Need for advanced alcohol sensors in automotive & transportation industry
- 5.2.3.3 Increasing demand in emerging markets
- 5.2.4 CHALLENGES
- FIGURE 25 NDIR MARKET: IMPACT ANALYSIS OF CHALLENGES
- 5.2.4.1 Need for product differentiation to meet unique end-user requirements
- 5.2.4.2 Competition from alternative technologies
- 5.3 VALUE CHAIN ANALYSIS
- FIGURE 26 NDIR MARKET: VALUE CHAIN ANALYSIS
- 5.4 ECOSYSTEM ANALYSIS
- FIGURE 27 ECOSYSTEM ANALYSIS
- TABLE 4 ROLE OF PLAYERS IN NDIR ECOSYSTEM
- 5.5 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
- FIGURE 28 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
- 5.6 PRICING ANALYSIS
- 5.6.1 AVERAGE SELLING PRICE TREND OF NDIR MODULES OFFERED BY KEY PLAYERS
- FIGURE 29 AVERAGE SELLING PRICE TREND OF NDIR MODULES OFFERED BY KEY PLAYERS, 2023
- TABLE 5 AVERAGE SELLING PRICE TREND OF NDIR MODULES OFFERED BY KEY PLAYERS (USD)
- 5.6.2 AVERAGE SELLING PRICE TREND OF NDIR MODULES, BY GAS TYPE
- FIGURE 30 AVERAGE SELLING PRICE TREND OF NDIR MODULES, BY GAS TYPE, 2020-2023 (USD)
- 5.6.3 AVERAGE SELLING PRICE TREND OF NDIR MODULES, BY REGION
- FIGURE 31 AVERAGE SELLING PRICE TREND OF NDIR MODULES, BY REGION (USD)
- 5.7 TECHNOLOGY ANALYSIS
- 5.7.1 KEY TECHNOLOGIES
- 5.7.1.1 Emission and absorption spectroscopy
- 5.7.2 COMPLEMENTARY TECHNOLOGIES
- 5.7.2.1 Internet of Things (IoT) and cloud computing
- 5.7.3 ADJACENT TECHNOLOGIES
- 5.7.3.1 Gas chromatography
- 5.7.3.2 Tunable diode laser analyzer (TDLA) spectroscopy
- 5.7.1 KEY TECHNOLOGIES
- 5.8 PORTER'S FIVE FORCES ANALYSIS
- TABLE 6 NDIR MARKET: PORTER'S FIVE FORCES ANALYSIS
- FIGURE 32 NDIR MARKET: PORTER'S FIVE FORCES ANALYSIS
- 5.8.1 THREAT OF NEW ENTRANTS
- 5.8.2 THREAT OF SUBSTITUTES
- 5.8.3 BARGAINING POWER OF SUPPLIERS
- 5.8.4 BARGAINING POWER OF BUYERS
- 5.8.5 INTENSITY OF COMPETITIVE RIVALRY
- 5.9 KEY STAKEHOLDERS AND BUYING CRITERIA
- 5.9.1 KEY STAKEHOLDERS IN BUYING PROCESS
- FIGURE 33 KEY STAKEHOLDERS IN BUYING PROCESS FOR TOP THREE APPLICATIONS
- TABLE 7 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS
- 5.9.2 BUYING CRITERIA
- FIGURE 34 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS
- TABLE 8 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS
- 5.10 CASE STUDIES
- 5.10.1 STORAGE CONTROL SYSTEMS LTD. OPTS FOR GSS CO2 SENSOR TO PREVENT SPOILAGE OF PRODUCTS
- 5.10.2 EDINBURGH INSTRUMENTS LTD. DEVELOPS NDIR SENSOR FOR CONTINUOUS DETECTION OF CO2
- 5.10.3 AKO GROUP'S AKOGAS NDIR SIGNIFICANTLY REDUCES REFRIGERANT GAS LEAKS
- 5.10.4 XILTRIX INTERNATIONAL'S NDIR SENSORS ENHANCE INCUBATOR MONITORING
- 5.11 INVESTMENT AND FUNDING SCENARIO
- FIGURE 35 FUNDING FOR STARTUPS IN NDIR MARKET, 2022-2023
- 5.12 TRADE ANALYSIS
- 5.12.1 IMPORT SCENARIO
- TABLE 9 IMPORT DATA FOR HS CODE 90271000-COMPLIANT PRODUCTS FOR TOP 10 COUNTRIES, 2018-2022 (USD THOUSAND)
- 5.12.2 EXPORT SCENARIO
- TABLE 10 EXPORT DATA FOR HS CODE 90271000-COMPLIANT PRODUCTS FOR TOP 10 COUNTRIES, 2018-2022 (USD THOUSAND)
- 5.13 PATENT ANALYSIS, 2020-2024
- TABLE 11 NDIR MARKET: PATENTS, 2020-2024
- FIGURE 36 NUMBER OF PATENTS GRANTED PER YEAR, 2013-2023
- TABLE 12 NUMBER OF PATENTS REGISTERED IN LAST 10 YEARS
- 5.14 KEY CONFERENCES AND EVENTS, 2024-2025
- TABLE 13 NDIR MARKET: CONFERENCES AND EVENTS, 2024-2025
- 5.15 REGULATORY LANDSCAPE
- 5.15.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
- TABLE 14 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
- TABLE 15 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
- TABLE 16 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
- TABLE 17 ROW: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
- 5.15.2 STANDARDS AND REGULATIONS
- 5.15.2.1 Standards
- 5.15.2.2 Regulations
6 COMPONENTS OF NDIR SENSORS
- 6.1 INTRODUCTION
- 6.2 IR SOURCES
- 6.2.1 HIGHER OUTPUT IN MID-INFRARED WAVELENGTH RANGE
- 6.2.2 WIDE WAVELENGTH RANGE OUTPUT
- 6.3 OPTICAL GAS CHAMBER
- 6.4 OPTICAL FILTERS
- TABLE 18 GAS ABSORPTION WAVELENGTH
- 6.5 IR DETECTORS
- 6.6 ADVANTAGES AND LIMITATIONS OF NDIR SENSORS
- 6.6.1 ADVANTAGES
- 6.6.2 LIMITATIONS
7 NDIR MARKET, BY PRODUCT TYPE
- 7.1 INTRODUCTION
- FIGURE 37 NDIR MARKET, BY PRODUCT TYPE
- FIGURE 38 PORTABLE SEGMENT TO REGISTER HIGHER CAGR DURING FORECAST PERIOD
- TABLE 19 NDIR MARKET: BY PRODUCT TYPE, 2020-2023 (USD MILLION)
- TABLE 20 NDIR MARKET: BY PRODUCT TYPE, 2024-2029 (USD MILLION)
- 7.2 FIXED
- 7.2.1 STRICT ENVIRONMENTAL REGULATIONS TO DRIVE MARKET
- 7.3 PORTABLE 91 7.3.1 NEED FOR ON-THE-GO MONITORING TO FUEL DEMAND
8 NDIR MARKET, BY GAS TYPE
- 8.1 INTRODUCTION
- FIGURE 39 NDIR MARKET, BY GAS TYPE
- FIGURE 40 REFRIGERANT GASES SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
- TABLE 21 NDIR MARKET, BY GAS TYPE, 2020-2023 (USD MILLION)
- TABLE 22 NDIR MARKET, BY GAS TYPE, 2024-2029 (USD MILLION)
- TABLE 23 NDIR MARKET SIZE, IN TERMS OF VOLUME, 2020-2023 (MILLION UNITS)
- TABLE 24 NDIR MARKET, 2024-2029 (MILLION UNITS)
- FIGURE 41 NDIR MARKET, UNIT SHIPMENT, 2020-2029 (MILLION UNITS)
- 8.2 CARBON DIOXIDE (CO2)
- 8.2.1 WIDESPREAD APPLICATIONS OF CO2 SENSORS TO DRIVE MARKET GROWTH
- TABLE 25 CARBON DIOXIDE: NDIR MARKET, BY VERTICAL, 2020-2023 (USD MILLION)
- TABLE 26 CARBON DIOXIDE: NDIR MARKET, BY VERTICAL, 2024-2029 (USD MILLION)
- 8.3 HYDROCARBONS
- TABLE 27 HYDROCARBONS: NDIR MARKET, BY GAS TYPE, 2020-2023 (USD MILLION)
- TABLE 28 HYDROCARBONS: NDIR MARKET, BY GAS TYPE, 2024-2029 (USD MILLION)
- TABLE 29 HYDROCARBONS: NDIR MARKET, BY VERTICAL, 2020-2023 (USD MILLION)
- TABLE 30 HYDROCARBONS: NDIR MARKET, BY VERTICAL, 2024-2029 (USD MILLION)
- 8.3.1 ACETYLENE
- 8.3.1.1 Strict workplace safety regulations to propel market growth
- TABLE 31 HYDROCARBONS: NDIR MARKET FOR ACETYLENE, BY VERTICAL, 2020-2023 (USD MILLION)
- TABLE 32 HYDROCARBONS: NDIR MARKET FOR ACETYLENE, BY VERTICAL, 2024-2029 (USD MILLION)
- 8.3.2 ETHYLENE
- 8.3.2.1 Wide use in agricultural and food industries to boost market
- TABLE 33 HYDROCARBONS: NDIR MARKET FOR ETHYLENE, BY VERTICAL, 2020-2023 (USD MILLION)
- TABLE 34 HYDROCARBONS: NDIR MARKET FOR ETHYLENE, BY VERTICAL, 2024-2029 (USD MILLION)
- 8.3.3 OTHER HYDROCARBONS
- TABLE 35 HYDROCARBONS: NDIR MARKET FOR OTHER HYDROCARBONS, BY VERTICAL, 2020-2023 (USD MILLION)
- TABLE 36 HYDROCARBONS: NDIR MARKET FOR OTHER HYDROCARBONS, BY VERTICAL, 2024-2029 (USD MILLION)
- 8.4 REFRIGERANT GASES
- 8.4.1 NEED TO REDUCE GLOBAL WARMING TO FUEL MARKET
- TABLE 37 REFRIGERANT GASES: NDIR MARKEYT, BY VERTICAL, 2020-2023 (USD MILLION)
- TABLE 38 REFRIGERANT GASES: NDIR MARKET, BY VERTICAL, 2024-2029 (USD MILLION)
- 8.5 SULFUR HEXAFLUORIDE (SF6)
- 8.5.1 STRINGENT ENVIRONMENTAL REGULATIONS TO BOOST MARKET
- TABLE 39 SULFUR HEXAFLUORIDE: NDIR MARKET, BY VERTICAL, 2020-2023 (USD MILLION)
- TABLE 40 SULFUR HEXAFLUORIDE: NDIR MARKET, BY VERTICAL, 2024-2029 (USD MILLION)
- 8.6 CARBON MONOXIDE (CO)
- 8.6.1 INCREASING NEED TO SAFEGUARD HUMAN HEALTH TO PROPEL MARKET
- TABLE 41 CARBON MONOXIDE: NDIR MARKET, BY VERTICAL, 2020-2023 (USD MILLION)
- TABLE 42 CARBON MONOXIDE: NDIR MARKET, BY VERTICAL, 2024-2029 (USD MILLION)
- 8.7 ANESTHETIC GASES
- 8.7.1 RISING FOCUS ON SAFETY OF HEALTHCARE WORKERS TO BOOST MARKET
- TABLE 43 ANESTHETIC GASES: NDIR MARKET, BY VERTICAL, 2020-2023 (USD MILLION)
- TABLE 44 ANESTHETIC GASES: NDIR MARKET, BY VERTICAL, 2024-2029 (USD MILLION)
- 8.8 VOLATILE ORGANIC COMPOUNDS (VOCS)
- 8.8.1 INCREASING POLLUTION LEVELS TO CREATE GROWTH OPPORTUNITIES FOR MARKET
- TABLE 45 VOCS: NDIR MARKET, BY VERTICAL, 2020-2023 (USD MILLION)
- TABLE 46 VOCS: NDIR MARKET, BY VERTICAL, 2024-2029 (USD MILLION)
- 8.9 OTHER GASES
- TABLE 47 OTHER GASES: NDIR MARKET, BY VERTICAL, 2020-2023 (USD MILLION)
- TABLE 48 OTHER GASES: NDIR MARKET, BY VERTICAL, 2024-2029 (USD MILLION)
- 8.9.1 CHLORINE
- 8.9.1.1 Rising use of chlorine in water & wastewater treatment to drive market
- 8.9.2 HYDROGEN SULFIDE
- 8.9.2.1 Increased demand in oil & gas industry to boost market
- 8.9.3 NITROGEN OXIDE (NOX)
- 8.9.3.1 Need to detect toxic gases in outdoor air to drive demand
9 NDIR MARKET, BY APPLICATION
- 9.1 INTRODUCTION
- FIGURE 42 NDIR MARKET, BY APPLICATION
- FIGURE 43 HVAC APPLICATION TO RECORD HIGHEST CAGR DURING FORECAST PERIOD
- TABLE 49 NDIR MARKET: BY APPLICATION, 2020-2023 (USD MILLION)
- TABLE 50 NDIR MARKET: BY APPLICATION , 2024-2029 (USD MILLION)
- 9.2 HVAC
- 9.2.1 HIGH DEMAND FOR HVAC SYSTEMS TO DRIVE MARKET
- 9.3 MONITORING
- TABLE 51 MONITORING: NDIR MARKET, BY SUBTYPE, 2020-2023 (USD MILLION)
- TABLE 52 MONITORING: NDIR MARKET, BY SUBTYPE, 2024-2029 (USD MILLION)
- 9.3.1 AIR QUALITY MONITORING
- 9.3.1.1 Rising awareness of environmental threats to boost market
- 9.3.2 ANESTHESIA MONITORING
- 9.3.2.1 Emphasis on safety in healthcare environments to drive market
- 9.3.3 CAPNOGRAPHY
- 9.3.3.1 Rising use of NDIR sensors for real-time monitoring of exhaled air to drive market
- 9.3.4 REFRIGERANT MONITORING
- 9.3.4.1 Stringent standards and regulations to create greater demand
- 9.3.5 FRUIT RIPENING MONITORING
- 9.3.5.1 Need to reduce food wastage to accelerate demand
- 9.4 DETECTION & ANALYSIS
- TABLE 53 DETECTION & ANALYSIS: NDIR MARKET, BY SUBTYPE, 2020-2023 (USD MILLION)
- TABLE 54 DETECTION & ANALYSIS: NDIR MARKET, BY SUBTYPE, 2024-2029 (USD MILLION)
- 9.4.1 HAZARDOUS GAS DETECTION
- 9.4.1.1 Demand for precise gas sensing solutions to drive market
- 9.4.2 FLAME DETECTION
- 9.4.2.1 Growing demand in chemicals industry to boost market
- 9.4.3 ALCOHOL DETECTION
- 9.4.3.1 Increasing government protocols to drive market
- 9.4.4 BLOOD GAS ANALYSIS
- 9.4.4.1 Need for accurate analysis of respiratory gases to drive market
10 NDIR MARKET, BY VERTICAL
- 10.1 INTRODUCTION
- FIGURE 44 NDIR MARKET, BY VERTICAL
- FIGURE 45 FOOD & BEVERAGES SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
- TABLE 55 NDIR MARKET: BY VERTICAL, 2020-2023 (USD MILLION)
- TABLE 56 NDIR MARKET: BY VERTICAL, 2024-2029 (USD MILLION)
- 10.2 AUTOMOTIVE & TRANSPORTATION
- 10.2.1 NEED FOR EFFICIENT EMISSION MONITORING TO DRIVE MARKET
- TABLE 57 AUTOMOTIVE & TRANSPORTATION: NDIR MARKET, BY GAS TYPE, 2020-2023 (USD MILLION)
- TABLE 58 AUTOMOTIVE & TRANSPORTATION: NDIR MARKET, BY GAS TYPE, 2024-2029 (USD MILLION)
- TABLE 59 AUTOMOTIVE & TRANSPORTATION: NDIR MARKET, BY REGION, 2020-2023 (USD MILLION)
- TABLE 60 AUTOMOTIVE & TRANSPORTATION: NDIR MARKET, BY REGION, 2024-2029 (USD MILLION)
- 10.3 CHEMICALS
- 10.3.1 INCREASING NEED FOR LEAK DETECTION IN HAZARDOUS ENVIRONMENTS TO BOOST MARKET
- TABLE 61 CHEMICALS: NDIR MARKET, BY GAS TYPE, 2020-2023 (USD MILLION)
- TABLE 62 CHEMICALS: NDIR MARKET, BY GAS TYPE, 2024-2029 (USD MILLION)
- TABLE 63 CHEMICALS: NDIR MARKET, BY REGION, 2020-2023 (USD MILLION)
- TABLE 64 CHEMICALS: NDIR MARKET, BY REGION, 2024-2029 (USD MILLION)
- 10.4 OIL & GAS
- 10.4.1 STRICT WORKER SAFETY REGULATIONS TO DRIVE DEMAND
- TABLE 65 OIL & GAS: NDIR MARKET, BY GAS TYPE, 2020-2023 (USD MILLION)
- TABLE 66 OIL & GAS: NDIR MARKET, BY GAS TYPE, 2024-2029 (USD MILLION)
- TABLE 67 OIL & GAS: NDIR MARKET, BY REGION, 2020-2023 (USD MILLION)
- TABLE 68 OIL & GAS: NDIR MARKET, BY REGION, 2024-2029 (USD MILLION)
- 10.5 HEALTHCARE
- 10.5.1 RISING NEED TO DETECT WASTE ANESTHETIC GASES TO DRIVE DEMAND
- TABLE 69 HEALTHCARE: NDIR MARKET, BY GAS TYPE, 2020-2023 (USD MILLION)
- TABLE 70 HEALTHCARE: NDIR MARKET, BY GAS TYPE, 2024-2029 (USD MILLION)
- TABLE 71 HEALTHCARE: NDIR MARKET, BY REGION, 2020-2023 (USD MILLION)
- TABLE 72 HEALTHCARE: NDIR MARKET, BY REGION, 2024-2029 (USD MILLION)
- 10.6 INDUSTRIAL & MANUFACTURING
- 10.6.1 RISING PRODUCTION OF COMBUSTIBLE AND TOXIC GASES TO BOOST DEMAND
- TABLE 73 INDUSTRIAL & MANUFACTURING: NDIR MARKET, BY GAS TYPE, 2020-2023 (USD MILLION)
- TABLE 74 INDUSTRIAL & MANUFACTURING: NDIR MARKET, BY GAS TYPE, 2024-2029 (USD MILLION)
- TABLE 75 INDUSTRIAL & MANUFACTURING: NDIR MARKET, BY REGION, 2020-2023 (USD MILLION)
- TABLE 76 INDUSTRIAL & MANUFACTURING: NDIR MARKET, BY REGION, 2024-2029 (USD MILLION)
- 10.7 ENVIRONMENTAL
- 10.7.1 GROWING NEED FOR AIR QUALITY MONITORING TO FUEL MARKET
- TABLE 77 ENVIRONMENTAL: NDIR MARKET, BY GAS TYPE, 2020-2023 (USD MILLION)
- TABLE 78 ENVIRONMENTAL: NDIR MARKET, BY GAS TYPE, 2024-2029 (USD MILLION)
- TABLE 79 ENVIRONMENTAL: NDIR MARKET, BY REGION, 2020-2023 (USD MILLION)
- TABLE 80 ENVIRONMENTAL: NDIR MARKET, BY REGION, 2024-2029 (USD MILLION)
- 10.8 FOOD & BEVERAGES
- 10.8.1 INCREASING USE OF CO2 IN FOOD PROCESSING & STORAGE TO DRIVE MARKET
- TABLE 81 FOOD & BEVERAGES: NDIR MARKET, BY GAS TYPE, 2020-2023 (USD MILLION)
- TABLE 82 FOOD & BEVERAGES: NDIR MARKET, BY GAS TYPE, 2024-2029 (USD MILLION)
- TABLE 83 FOOD & BEVERAGES: NDIR MARKET, BY REGION, 2020-2023 (USD MILLION)
- TABLE 84 FOOD & BEVERAGES: NDIR MARKET, BY REGION, 2024-2029 (USD MILLION)
- 10.9 OTHER VERTICALS
- TABLE 85 OTHER VERTICALS: NDIR MARKET, BY GAS TYPE, 2020-2023 (USD MILLION)
- TABLE 86 OTHER VERTICALS: NDIR MARKET, BY GAS TYPE, 2024-2029 (USD MILLION)
- TABLE 87 OTHER VERTICALS: NDIR MARKET, BY REGION, 2020-2023 (USD MILLION)
- TABLE 88 OTHER VERTICALS: NDIR MARKET, BY REGION, 2024-2029 (USD MILLION)
11 NDIR MARKET, BY REGION
- 11.1 INTRODUCTION
- FIGURE 46 NDIR MARKET, BY REGION
- FIGURE 47 ASIA PACIFIC MARKET TO RECORD HIGHEST CAGR FROM 2024 TO 2029
- TABLE 89 NDIR MARKET: BY REGION, 2020-2023 (USD MILLION)
- TABLE 90 NDIR MARKET: BY REGION, 2024-2029 (USD MILLION)
- 11.2 NORTH AMERICA
- FIGURE 48 NORTH AMERICA: NDIR MARKET SNAPSHOT
- TABLE 91 NORTH AMERICA: NDIR MARKET, BY VERTICAL, 2020-2023 (USD MILLION)
- TABLE 92 NORTH AMERICA: NDIR MARKET, BY VERTICAL, 2024-2029 (USD MILLION)
- TABLE 93 NORTH AMERICA: NDIR MARKET, BY COUNTRY, 2020-2023 (USD MILLION)
- TABLE 94 NORTH AMERICA: NDIR MARKET, BY COUNTRY, 2024-2029 (USD MILLION)
- 11.2.1 US
- 11.2.1.1 Increasing air pollution levels to drive demand
- 11.2.2 CANADA
- 11.2.2.1 Rising demand in automative sector to fuel market
- 11.2.3 MEXICO
- 11.2.3.1 Increasing industrialization to propel demand
- 11.2.4 NORTH AMERICA: IMPACT OF RECESSION
- 11.3 EUROPE
- FIGURE 49 EUROPE: NDIR MARKET SNAPSHOT
- TABLE 95 EUROPE: NDIR MARKET, BY VERTICAL, 2020-2023 (USD MILLION)
- TABLE 96 EUROPE: NDIR MARKET, BY VERTICAL, 2024-2029 (USD MILLION)
- TABLE 97 EUROPE: NDIR MARKET, BY COUNTRY, 2020-2023 (USD MILLION)
- TABLE 98 EUROPE: NDIR MARKET, BY COUNTRY, 2024-2029 (USD MILLION)
- 11.3.1 GERMANY
- 11.3.1.1 Flourishing automotive industry to drive market
- 11.3.2 UK
- 11.3.2.1 High infrastructural growth to boost demand
- 11.3.3 FRANCE
- 11.3.3.1 Strict government regulations to drive market
- 11.3.4 REST OF EUROPE
- 11.3.5 EUROPE: IMPACT OF RECESSION
- 11.4 ASIA PACIFIC
- FIGURE 50 ASIA PACIFIC: NDIR MARKET SNAPSHOT
- TABLE 99 ASIA PACIFIC: NDIR MARKET, BY VERTICAL, 2020-2023 (USD MILLION)
- TABLE 100 ASIA PACIFIC: NDIR MARKET, BY VERTICAL, 2024-2029 (USD MILLION)
- TABLE 101 ASIA PACIFIC: NDIR MARKET, BY COUNTRY, 2020-2023 (USD MILLION)
- TABLE 102 ASIA PACIFIC: NDIR MARKET, BY COUNTRY, 2024-2029 (USD MILLION)
- 11.4.1 CHINA
- 11.4.1.1 Increasing demand across industries to drive market
- 11.4.2 JAPAN
- 11.4.2.1 Wide adoption of sensors in automotive industry to fuel market
- 11.4.3 SOUTH KOREA
- 11.4.3.1 Automotive and consumer electronics industries to boost demand
- 11.4.4 REST OF ASIA PACIFIC
- 11.4.5 ASIA PACIFIC: IMPACT OF RECESSION
- 11.5 REST OF THE WORLD (ROW)
- TABLE 103 ROW: NDIR MARKET, BY VERTICAL, 2020-2023 (USD MILLION)
- TABLE 104 ROW: NDIR MARKET, BY VERTICAL, 2024-2029 (USD MILLION)
- TABLE 105 ROW: NDIR MARKET, BY REGION, 2020-2023 (USD MILLION)
- TABLE 106 ROW: NDIR MARKET, BY REGION, 2024-2029 (USD MILLION)
- 11.5.1 MIDDLE EAST & AFRICA
- 11.5.1.1 Rising demand for HVAC systems to drive market
- 11.5.2 SOUTH AMERICA
- 11.5.2.1 Growing use of gas sensors across industries to boost demand
- 11.5.3 ROW: IMPACT OF RECESSION
12 COMPETITIVE LANDSCAPE
- 12.1 OVERVIEW
- 12.2 STRATEGIES ADOPTED BY KEY PLAYERS/RIGHT TO WIN, 2020-2023
- TABLE 107 OVERVIEW OF STRATEGIES DEPLOYED BY KEY NDIR MANUFACTURERS, 2020-2023
- 12.3 REVENUE ANALYSIS OF KEY PLAYERS IN NDIR MARKET, 2020-2023
- FIGURE 51 FIVE-YEAR REVENUE ANALYSIS OF KEY PLAYERS IN NDIR MARKET
- 12.4 MARKET SHARE ANALYSIS, 2023
- TABLE 108 NDIR MARKET: DEGREE OF COMPETITION, 2023
- FIGURE 52 MARKET SHARE ANALYSIS
- 12.5 COMPANY VALUATION AND FINANCIAL METRICS
- FIGURE 53 COMPANY VALUATION, 2022 (USD BILLION)
- FIGURE 54 FINANCIAL METRICS (EV/EBITDA), 2023
- 12.6 BRAND COMPARISON
- FIGURE 55 BRAND/PRODUCT COMPARISON
- 12.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
- 12.7.1 STARS
- 12.7.2 EMERGING LEADERS
- 12.7.3 PERVASIVE PLAYERS
- 12.7.4 PARTICIPANTS
- FIGURE 56 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
- 12.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
- 12.7.5.1 Company footprint
- FIGURE 57 KEY PLAYERS: OVERALL FOOTPRINT
- 12.7.5.2 Region footprint
- TABLE 109 KEY PLAYERS: REGION FOOTPRINT
- 12.7.5.3 Vertical footprint
- TABLE 110 KEY PLAYERS: VERTICAL FOOTPRINT
- 12.7.5.4 Gas type footprint
- TABLE 111 KEY PLAYERS: GAS TYPE FOOTPRINT
- 12.7.5.5 Application footprint
- TABLE 112 KEY PLAYERS: APPLICATION FOOTPRINT
- 12.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
- 12.8.1 PROGRESSIVE COMPANIES
- 12.8.2 RESPONSIVE COMPANIES
- 12.8.3 DYNAMIC COMPANIES
- 12.8.4 STARTING BLOCKS
- FIGURE 58 COMPANY EVALUATION MATRIX: SMES/STARTUPS, 2023
- 12.8.5 COMPETITIVE BENCHMARKING: KEY STARTUPS/SMES, 2023
- 12.8.5.1 Key startups/SMEs
- TABLE 113 NDIR MARKET:KEY STARTUPS/SMES
- 12.8.5.2 Competitive benchmarking of key startups/SMEs
- TABLE 114 NDIR MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
- 12.9 COMPETITIVE SCENARIO AND TRENDS
- 12.9.1 PRODUCT LAUNCHES
- TABLE 115 NDIR MARKET: PRODUCT LAUNCHES, FEBUARY 2021-APRIL 2024
- 12.9.2 DEALS
- TABLE 116 NDIR MARKET: DEALS, FEBRUARY 2021-APRIL 2024
13 COMPANY PROFILES
- (Business Overview, Products Offered, Recent Developments, MnM View Right to win, Strategic choices made, Weaknesses and competitive threats) **
- 13.1 KEY PLAYERS
- 13.1.1 AMPHENOL CORPORATION
- TABLE 117 AMPHENOL CORPORATION: COMPANY OVERVIEW
- FIGURE 59 AMPHENOL CORPORATION: COMPANY SNAPSHOT
- TABLE 118 AMPHENOL CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
- TABLE 119 AMPHENOL CORPORATION: DEALS
- 13.1.2 HONEYWELL INTERNATIONAL INC.
- TABLE 120 HONEYWELL INTERNATIONAL INC.: COMPANY OVERVIEW
- FIGURE 60 HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT
- TABLE 121 HONEYWELL INTERNATIONAL INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
- TABLE 122 HONEYWELL INTERNATIONAL INC.: PRODUCT LAUNCHES
- TABLE 123 HONEYWELL INTERNATIONAL INC.: DEALS
- 13.1.3 YOKOGAWA ELECTRIC CORPORATION
- TABLE 124 YOKOGAWA ELECTRIC CORPORATION: COMPANY OVERVIEW
- FIGURE 61 YOKOGAWA ELECTRIC CORPORATION: COMPANY SNAPSHOT
- TABLE 125 YOKOGAWA ELECTRIC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
- TABLE 126 YOKOGAWA ELECTRIC CORPORATION: PRODUCT LAUNCHES
- TABLE 127 YOKOGAWA ELECTRIC CORPORATION: DEALS
- 13.1.4 EMERSON ELECTRIC CO.
- TABLE 128 EMERSON ELECTRIC CO.: COMPANY OVERVIEW
- FIGURE 62 EMERSON ELECTRIC CO.: COMPANY SNAPSHOT
- TABLE 129 EMERSON ELECTRIC CO.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
- TABLE 130 EMERSON ELECTRIC CO.: PRODUCT LAUNCHES
- 13.1.5 SENSEAIR - AN ASAHI KASEI GROUP COMPANY
- TABLE 131 SENSAIR - AN ASAHI KASEI GROUP COMPANY: COMPANY OVERVIEW
- TABLE 132 SENSEAIR - AN ASAHI KASEI GROUP COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
- TABLE 133 SENSEAIR - AN ASAHI KASEI GROUP COMPANY: PRODUCT LAUNCHES
- 13.1.6 FUJI ELECTRIC CO., LTD.
- TABLE 134 FUJI ELECTRIC CO., LTD.: COMPANY OVERVIEW
- FIGURE 63 FUJI ELECTRIC CO., LTD.: COMPANY SNAPSHOT
- TABLE 135 FUJI ELECTRIC CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
- 13.1.7 MSA
- TABLE 136 MSA: COMPANY OVERVIEW
- FIGURE 64 MSA: COMPANY SNAPSHOT
- TABLE 137 MSA: PRODUCTS/SOLUTIONS/SERVICES OFFERED
- TABLE 138 MSA: PRODUCT LAUNCHES
- 13.1.8 S+S REGELTECHNIK
- TABLE 139 S+S REGELTECHNIK: COMPANY OVERVIEW
- TABLE 140 S+S REGELTECHNIK: PRODUCTS/SOLUTIONS/SERVICES OFFERED
- TABLE 141 S+S REGELTECHNIK: DEALS
- 13.1.9 ELT SENSOR
- TABLE 142 ELT SENSOR: COMPANY OVERVIEW
- TABLE 143 ELT SENSOR: PRODUCTS/SOLUTIONS/SERVICES OFFERED
- 13.1.10 WINSEN
- TABLE 144 WINSEN: COMPANY OVERVIEW
- TABLE 145 WINSEN: PRODUCTS/SOLUTIONS/SERVICES OFFERED
- TABLE 146 WINSEN: PRODUCT LAUNCHES
- 13.2 OTHER PLAYERS
- 13.2.1 PROCESS SENSING TECHNOLOGIES
- 13.2.2 FIGARO ENGINEERING INC.
- 13.2.3 N.E.T. SRL - P.IVA.
- 13.2.4 SMARTGAS MIKROSENSORIK
- 13.2.5 SIA MIPEX
- 13.2.6 CUBIC SENSOR AND INSTRUMENT CO., LTD.
- 13.2.7 SHENZHEN MINDRAY BIO-MEDICAL ELECTRONICS
- 13.2.8 SENSIRION AG
- 13.2.9 M-U-T GMBH
- 13.2.10 DRAGERWERK AG & CO. KGAA
- 13.2.11 EDINBURGH INSTRUMENTS LTD.
- 13.2.12 ELICHENS
- 13.2.13 ALPHASENSE
- 13.2.14 ANALOX GROUP
- 13.2.15 GSS
- *Details on Business Overview, Products Offered, Recent Developments, MnM View, Right to win, Strategic choices made, Weaknesses and competitive threats might not be captured in case of unlisted companies.
14 APPENDIX
- 14.1 INSIGHTS OF INDUSTRY EXPERTS
- 14.2 DISCUSSION GUIDE
- 14.3 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
- 14.4 CUSTOMIZATION OPTIONS
- 14.5 RELATED REPORTS
- 14.6 AUTHOR DETAILS
Have a question?
SELECT AN OPTION
Have a question?
Questions? Please give us a call or visit the contact form.