Non-Dispersive Infrared (NDIR) Market - By Gas Type (Carbon Dioxide, Methane, Carbon Monoxide, Hydrocarbons, Refrigerant Gases), By Technology Type (Single-Wavelength NDIR, Dual-Wavelength NDIR, Multi-Wavelength NDIR), By End-use & Forecast 2024 - 2032
Global Non-Dispersive Infrared (NDIR) Market size will witness over 7% CAGR between 2024 and 2032 driven by significant advancements to enhance efficiency, accuracy, and reliability in gas sensing applications. For instance, in May 2023, Yokogawa Electric Corporation unveiled the latest additions to its OpreX Analyzers range, the IR800G Rack Type, IR810S Explosion-Protected Infrared Gas Analyzers, and IR810G Wall and Panel Mount Type. These NDIR gas analyzers offer versatile mounting options and precise measurement capabilities for NO, SO2, CO2, CO, CH4, and O2 concentrations.
Several leading NDIR companies are also introducing cutting-edge technologies for catering to diverse industrial needs. With the growing environmental concerns, NDIR technology has become pivotal in monitoring greenhouse gases and air quality. The increasing demand for underscoring the commitment to delivering sophisticated solutions will also propel the market towards sustained growth and prominence.
The overall NDIR industry is classified into gas type, technology type, end-use and region.
Based on gas type, the market size from the methane segment will undergo significant development from 2024 to 2032. Methane, a potent greenhouse gas, necessitates robust monitoring solutions to mitigate its environmental impact. NDIR technology offers precise and reliable detection of methane concentrations across various sectors, including oil & gas, agriculture, and environmental monitoring. With increasing regulatory scrutiny and growing awareness of climate change, the demand for NDIR-based methane sensing solutions is continuing to surge, driving innovations in the quest for sustainable practices.
Non-dispersive infrared market revenue from the food and beverage processing segment will register a noteworthy CAGR from 2024 to 2032. NDIR technology plays a vital role in ensuring product quality and safety by accurately monitoring gas concentrations during production and storage processes. From measuring CO2 levels in beverage carbonation to detecting ethylene gas in fruit ripening chambers, NDIR sensors provide critical data for maintaining optimal conditions. As consumer preferences shift towards transparency and sustainability, the demand for NDIR solutions in the food and beverage industry will further rise.
Europe NDIR market will showcase over 6.5% CAGR from 2024 to 2032. With stringent environmental regulations and a focus on sustainability, NDIR technology has turned instrumental in monitoring and reducing greenhouse gas emissions. European industries, including automotive, manufacturing, and energy rely on NDIR sensors for accurate gas detection and compliance with emissions standards. Moreover, the emphasis on energy efficiency and clean technologies in the region will further drive the adoption of NDIR solutions.
Chapter 1 Methodology & Scope
1.1 Market scope & definitions
1.2 Base estimates & calculations
1.3 Forecast calculations
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid sources
1.4.2.2 Public sources
Chapter 2 Executive Summary
2.1 Industry 360 degree synopsis, 2018-2032
Chapter 3 Industry Insights
3.1 Industry ecosystem analysis
3.2 Supplier landscape
3.3 Profit margin analysis
3.4 Technology & innovation landscape
3.5 Patent analysis
3.6 Key news & initiatives
3.7 Regulatory landscape
3.8 Impact forces
3.8.1 Growth drivers
3.8.1.1 Increasing emphasis on environmental monitoring and regulatory compliance
3.8.1.2 Growing demand for industrial safety requirements
3.8.1.3 Rising advancements in NDIR sensor technology
3.8.1.4 Growing awareness of indoor air quality
3.8.1.5 Increasing expansion of IOT and smart building solutions
3.8.2 Industry pitfalls & challenges
3.8.2.1 Cross-sensitivity issues
3.8.2.2 Limited detection range
3.9 Growth potential analysis
3.10 Porter's analysis
3.10.1 Supplier power
3.10.2 Buyer power
3.10.3 Threat of new entrants
3.10.4 Threat of substitutes
3.10.5 Industry rivalry
3.11 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix
Chapter 5 Market Estimates & Forecast, By Gas Type, 2018-2032 (USD Million)