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Non-dispersive Infrared (NDIR) Market: Predicted Worth of $1.0 Billion by 2027

The Non-Dispersive Infrared (NDIR) Market size is expected to reach USD 1.0 billion by 2027 from USD 0.7 billion in 2022, at a CAGR of 6.0% from 2022 to 2027.

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Non-dispersive Infrared (NDIR) Market: Predicted Worth of $1.0 Billion by 2027

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  1. MarketsandMarkets Presents The Global NDIR Market Size is projected to grow from USD 0.7 billion in 2022 to USD 1.0 billion by 2027; it is expected to grow at a CAGR of 6.0% from 2022 to 2027. The key factors contributing to the growth of the NDIR Market include increasing demand for NDIR CO2 sensors in the food processing & storage industry and a growing focus on worker safety across industries are among the factors driving the growth of the NDIR Market.

  2. MarketsandMarkets Presents Others are likely to register high CAGR In 2021, the others segment which include agriculture, greenhouse, and mining held the largest share of the NDIR market. The growing need to ensure the safety of workers, environment, and business infrastructure has led to the increased use of NDIR sensors in the other sectors. Safety- related mandates in regions such as North America and Europe are also acting as drivers for the adoption of NDIR in the other sector. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=9018 7624

  3. MarketsandMarkets Presents APAC exhibit the highest CAGR during the forecast period In 2021, APAC held the largest share of the NDIR market. The market in the region is expected to grow at the highest CAGR from 2022 to 2027. The growth of the NDIR market in APAC can be attributed to the growing population in countries of APAC. The region houses some of the world’s highly populated countries, including Chain and India. These countries are witnessing growth in smart city projects and sales of NDIR sensors and modules. This, in turn, drives the growth of the NDIR market in APAC.

  4. MarketsandMarkets Presents Monitoring to hold the highest market share by the end of 2027. The monitoring applications is projected to grow at the highest CAGR during the forecast period. The growth can be attributed to the rising demand for highly accurate, small size, simple design, reliable, and pocket-friendly NDIR sensors and modules in different industries to monitor indoor and outdoor air quality. Speak To Analyst @ https://www.marketsandmarkets.com/requestCustomizationNew.asp?i d=90187624

  5. MarketsandMarkets Presents Volatile Organic Compounds (VOCs) is projected to dominate the NDIR market The Volatile Organic Compounds (VOCs) market is expected to hold the largest market share by 2027. VOC sensors are used to monitor indoor air quality and urban air quality. They directly measure ambient concentrations of a broad range of ‘reducing gases’ associated with bad air quality, such as alcohols, aldehydes, ketones, organic acids, amines, organic chloramines, and aliphatic and aromatic hydrocarbons. VOCs are commonly present in manufacturing dyes, plastics, detergents, solvents, paints, synthetic rubber, and pharmaceuticals. Figaro Engineering (Japan), Alphasense Ltd. (UK), Sensirion AG (Switzerland), and Senseair AB (Sweden) are major players offering VOC sensors.

  6. MarketsandMarkets Presents Key Players The key players in this market are Amphenol (US), Honeywell (US), Senseair AB(Sweden), S+S Regeltechnik (Germany), Dynament (UK), Nano Environmental Technology (N.E.T.) (Italy), MIPEX TECHNOLOGY (Russia), Emerson Electric (US), Shenzhen Mindray Bio-Medical Electronics (China), Cubic Sensor and Instrument (China). Browse For More Details - https://www.marketsandmarkets.com/Market-Reports/non-dispersive- infrared-market-90187624.html

  7. MarketsandMarkets Presents About MarketsandMarkets™ MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

  8. MarketsandMarkets Presents Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: +1-888-600-6441 Email: sales@marketsandmarkets.com Visit Our Website: https://www.marketsandmarkets.com Content Source: https://www.marketsandmarkets.com/PressReleases/non-dispersive- infrared.asp

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