Global NDIR Sensors Market Growth 2024-2030

Global NDIR Sensors Market Growth 2024-2030

NDIR gas sensors use the infrared absorption properties of gas molecules (e.g., CO2) to calculate their concentration. Therefore, the NDIR gas sensor is equipped with an infrared light source that emits infrared rays and an infrared sensor that detects infrared rays. The infrared light is directed at the gas in the measuring tube and part of the light is absorbed by the gas molecules to be measured. Subsequently, the rest of the infrared light hits the filter and reaches the infrared detector. Ideally, only the gas to be measured absorbs light of the corresponding wavelength. However, since the gas mixture contains a variety of gases, the absorption regions may overlap, thus enhancing cross sensitivity. The interference part must either be tested for compensation (to avoid false measurements) or avoided by clever selection of spectral ranges. With the NDIR sensor, more than 100 different gases can be detected from ppm to percentage. In many applications, this is the preferred method because the measurement method is non-contact and non-consuming.

The global NDIR Sensors market size is projected to grow from US$ 905 million in 2024 to US$ 1420 million in 2030; it is expected to grow at a CAGR of 7.8% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “NDIR Sensors Industry Forecast” looks at past sales and reviews total world NDIR Sensors sales in 2023, providing a comprehensive analysis by region and market sector of projected NDIR Sensors sales for 2024 through 2030. With NDIR Sensors sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world NDIR Sensors industry.

This Insight Report provides a comprehensive analysis of the global NDIR Sensors landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on NDIR Sensors portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global NDIR Sensors market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for NDIR Sensors and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global NDIR Sensors.

The key players of Advanced NDIR Sensors include Amphenol Advanced Sensors, Senseair (Asahi Kasei Microdevices), Murata, Sensirion, and MKS Instruments. The top five manufacturers hold approximately 19% of the global market share, with Amphenol Advanced Sensors being the largest manufacturer with approximately 5% of the market share.

North America, Europe and Asia-Pacific are the world's major production regions, with a combined market share of over 90%. North America is the world's largest Advanced NDIR Sensors production region, with nearly 33% market share, followed by Europe  and Asia-Pacific, with 27% and 30% respectively.

This report presents a comprehensive overview, market shares, and growth opportunities of NDIR Sensors market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
NDIR CO2 Sensors
NDIR Methane (CH4) Gas Sensors
NDIR CO Sensors
NDIR Propane Gas Sensors
NDIR Refrigerant Gases Sensors
NDIR Ethylene Gases Sensors
NDIR SF6 Infrared Sensors
Others

Segmentation by Application:
Industrial Safety
Environmental Protection Industry
Medical Industry
Residential and Commercial Security
Power Industry
Automobile Industry
Research Institutions
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Amphenol Advanced Sensors
Senseair (Asahi Kasei Microdevices)
Murata
Sensirion
MKS Instruments
Vaisala
Teledyne API
Honeywell
ELT SENSOR
E+E
Dwyer Instruments
Trane
Micro-Hybrid
Edinburgh Instruments
Alphasense
Cubic Sensor and Instrument
Nano Environmental Technology (N.E.T.)
Super Systems
Figaro Engineering
ORIENTAL SYSTEM TECHNOLOGY
smartGAS Mikrosensorik
SST Sensing
Winsen
Suzhou Promisense

Key Questions Addressed in this Report

What is the 10-year outlook for the global NDIR Sensors market?

What factors are driving NDIR Sensors market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do NDIR Sensors market opportunities vary by end market size?

How does NDIR Sensors break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.