What Are The Insights Projected About The Growth Of The Non-Dispersive Infrared (NDIR) Market?
Accelerating at a compound annual growth rate (CAGR) of 8.6%, the non-dispersive infrared (NDIR) market size is expected to bounce from $0.46 billion in 2024 to touch $0.5 billion in 2025. This growth can be attributed to factors such as miniaturization and cost reduction, environmental regulations, energy efficiency, industrial safety, and healthcare applications.
Furthermore, the NDIR market size is projected to undergo compelling growth, reaching about $0.71 billion by 2029 at a CAGR of 9.2%. This higher acceleration in the forecast period can be credited to automotive emissions, food packaging, indoor air quality standards, research and development, and water quality monitoring. Emerging trends like greenhouse gas monitoring, smart agriculture, artificial intelligence, sustainable practices, and smart agriculture are also expected to make significant contributions.
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What Are The Key Growth Drivers Of The Non-Dispersive Infrared (NDIR) Market?
The NDIR market is expected to chart potent growth, largely driven by the increasing demand for wastewater treatment. Wastewater treatment involves the elimination of contaminants from sewage or wastewater and converting it into effluent that is environmentally friendly. Non-dispersive infrared sensors perform a crucial role in wastewater treatment plants, monitoring nitrate, nitrite, and ammonia levels in real time. In 2024 alone, 42% of household wastewater was not safely treated, underscoring the pressing need for improved wastewater treatment systems and the drive to cut the volume of untreated wastewater by half by 2030.
How Is The Global Non-Dispersive Infrared (NDIR) Market Segmented?
The non-dispersive infrared (NDIR) market segmentation:
1) By Gas Type: Carbon Dioxide, Hydrocarbons, Carbon Monoxide, Other Gas Type
2) By Application: HVAC, Monitoring, Detection And Analysis
3) By End User: Automotive And Transportation, Chemicals, Oil And Gas, Medical, Industrial And Manufacturing, Environmental, Food Processing And Storage, Other End-Users
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Who Are The Major Players In The Non-Dispersive Infrared (NDIR) Market?
Some of the key players operating in the non-dispersive infrared (NDIR) market include Acuity Brands Inc., Syska LED Lights Pvt. Ltd., Eaton Corporation plc, Hubbell Incorporated, Legrand Group, OSRAM Licht AG, Signify Holding, Schneider Electric SE, Zumtobel Group AG, Daisalux S.A.U., Emerson Electric Co., Larson Electronics LLC, ABB Group, Digital Lumens Inc., Amphenol Corporation, Honeywell International Inc., Senseair AB, Dynament Ltd., Mipex Technology AB, Gas Sensing Solutions Ltd., S+S Regeltechnik GmbH, Nano Environmental Technology S.r.l., Murata Manufacturing Co. Ltd., Sensirion AG, MKS Instruments Inc., Vaisala Corporation, Teledyne API, ELT SENSOR Corp., Super Systems Inc., Axetris AG, Edinburgh Sensors Ltd., Micro-Hybrid Electronic GmbH, Alphasense Ltd., Figaro Engineering Inc., AMETEK Inc., E+E Elektronik GmbH, Winsen Electronics Technology Co. Ltd., Hanwei Electronics Group Corporation, SGX Sensortech (IS) Ltd., Cubic Sensor and Instrument Co. Ltd.
What Are The Key Trends In The Non-Dispersive Infrared (NDIR) Market?
Technological advancement is expected to impact the NDIR market significantly. Companies are focusing on developing innovative solutions for NDIR. In 2023, Yokogawa Electric Corporation, an electrical engineering and software company based in Japan, launched three new infrared gas analyzers that use NDIR technology to detect and measure the concentration of greenhouse gases.
Which Region Is The Dominant Force In The Non-Dispersive Infrared (NDIR) Market?
Asia-Pacific ruled the roost in the non-dispersive infrared (NDIR) market in 2024, followed by North America. The regions addressed in the report span Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
What Does The Non-Dispersive Infrared (NDIR) Market Report 2025 Offer?
Defined as a simple spectroscopic sensor often used as a gas detector, a non-dispersive infrared (NDIR) sensor assesses gas concentration such as carbon dioxide, hydrocarbons, and carbon monoxide. The Non-Dispersive Infrared (NDIR) Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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