Emphasis on Gas Type (Carbon Dioxide, Methane, Carbon Monoxide, and Others); Application (Detection & Analysis, HVAC, and Monitoring); End-User (Industrial, Automotive, Environmental Monitoring, Healthcare, and others); Region/Country.
The Non-dispersive Infrared market was valued at USD 663.2 Million in 2023 and is expected to grow at a robust CAGR of around 7.1% during the forecast period (2024-2032) owing to the rapid industrialization and urbanization, combined with stringent environmental regulations aimed at reducing emissions and improving air quality.
The Non-Dispersive Infrared (NDIR) market can be used to describe gas-sensing technologies that use the intensity of the infrared light passing through the gas to determine the concentration of the gas without the need for a prism or grating. These sensors are popular in monitoring and controlling the environment, the safety of industries, heating, ventilating, and air conditioning systems, and automobile emissions among others. Thus, key market drivers are increasing demand for air quality control due to stricter environmental regulations, and growth in the NDIR sensor market application in automotive, health care, smart building industries, and other sectors. There are also new concentration areas in the reduction of greenhouse gas emissions and improvement of energy efficiency, which is also driving the market.
Current trends and deals in the NDIR market explain the industry’s focus on the generation of new technologies and the diversification of portfolios. For instance, Asahi Kasei Microdevices Corp. (AKM) which is based in Japan partnered with Senseair AB which is a Sweden-based manufacturer of NDIR gas sensor modules in January 2018 by acquiring its shares. AKM is stepping up the realization of businesses using invisible light detection (such as IR and UV) using its core technology of compound semiconductors. With small size, high sensitivity, and high quality, AKM’s infrared (IR) light emitting elements and detectors are used more in the gas sensors which detect the concentration of gases to meet the demand for air quality control in households, offices, and factories. It is predicted that the market for CO2 sensors is going to grow exponentially in terms of business measures dealing with global warming.
Moving forward it is predicted that another market of NDIR sensors will be the Asian countries including China, India, and countries in South East Asia. These countries are going through industrialization, urbanization, and governmental measures for the reduction of air pollution and efficiency in energy utilization. China’s Belt and Road Initiative and India’s emphasis on sustainable urban growth have led to investments in smart infrastructure such as NDIR-based HVAC. Additionally, regulatory policies focused on emissions reduction, such as China’s Blue Sky Plan and India’s National Clean Air Programme (NCAP), are expected to further drive the adoption of NDIR sensors in these regions.
This section discusses the key market trends that are influencing the various segments of the Non-dispersive Infrared as identified by our team of research experts.
Government Policies Supporting the Non-dispersive Infrared Industry
Government policies supporting the Non-dispersive Infrared (NDIR) industry are primarily driven by the need to regulate emissions, ensure workplace safety, and promote environmental sustainability.
Here are some key policies:
APAC is Expected to Grow with Significant CAGR During Forecast Period
Non-dispersive Infrared (NDIR) market in the Asia-Pacific APAC region takes the position of the largest market, the fastest growth rate is due to industrial development, urbanization as well as the implementation of more stringent environmental standards. NDIR sensors have also experienced increasing demand in the industrial segment, particularly in the APAC region particularly from China, India, and Japan owing to their use in emissions monitoring, air quality and in detecting gas leaks. As these countries strengthen their manufacturing industries and increasing the urban structure, they require good and accurate gas detection technology to meet environmental laws and safety regulations.
Especially, the fast increase in urbanization in addition to industrialization in India has encouraged the demand for enhanced observation systems. Concerns with the rising levels of pollution have forced the government to come up with policies that enhance monitoring of industrial emissions and air quality hence the demand for NDIR sensors. With highly developed technological industrial base and developed manufacturing industries, Japan and South Korea are also welcoming the NDIR technology in automotive, HVAC, and healthcare markets. The automotive industry in APAC, driven by the rise of electric vehicles and tightening emission regulations, is also contributing significantly to the growing use of NDIR sensors in emission control systems.
Moreover, the region’s increasing investment in smart city initiatives and IoT-based infrastructure is further boosting the NDIR market. Countries like China, India, and Singapore are leading the charge in deploying smart city projects, which prioritize energy-efficient systems and environmental sustainability. NDIR sensors are playing a pivotal role in smart HVAC systems and environmental monitoring devices, helping to ensure energy efficiency and maintain optimal air quality in urban settings. The widespread adoption of these technologies across APAC is positioning the region as a critical market for NDIR sensors, with opportunities continuing to grow as urbanization and industrialization efforts intensify.
The Non-dispersive Infrared market is competitive and fragmented, with the presence of several global and international market players. The key players are adopting different growth strategies to enhance their market presence, such as partnerships, agreements, collaborations, new product launches, geographical expansions, and mergers and acquisitions. Some of the major players operating in the market are ABB Group, Dynament Ltd. (PST), ELT SENSOR Corp., Emerson Electric Co., Figaro Engineering Inc., Gas Sensing Solutions (GSS), Honeywell International Inc., HORIBA, Ltd., SenseAir AB, and Siemens AG.
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1. Market Introduction
2. Research Methodology or Assumption
3. Executive Summary
4. Market Dynamics
5. Pricing Analysis
6. Global Non-Dispersive Infrared Market Revenue (USD MN), 2022-2032F
7. Market Insights by Gas Type
8. Market Insights by Application
9. Market Insights by End-User
10. Market Insights by Region
11. Value Chain Analysis
12. Competitive Landscape
13. Company Profiled
14. Acronyms & Assumption
15. Annexure
Analyzing the historical market, estimating the current market, and forecasting the future market of global Non-dispersive Infrared were the three major steps undertaken to create and explore the adoption of Non-dispersive Infrared in major regions globally. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, numerous findings and assumptions were taken into consideration to validate these insights. Moreover, exhaustive primary interviews were also conducted with industry experts across the value chain of the global Non-dispersive Infrared Market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments of the industry. Detailed methodology is explained below:
Step 1: In-Depth Study of Secondary Sources:
A detailed secondary study was conducted to obtain the historical market size of the Non-dispersive Infrared through company internal sources such as annual reports & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.
Step 2: Market Segmentation:
After obtaining the historical market size of Non-dispersive Infrared, we conducted a detailed secondary analysis to gather historical market insights and share for different segments and sub-segments for major regions. Major segments are included in the report such as Gas Type, Application, and End-User. Further country-level analyses were conducted to evaluate the overall adoption of testing models in that region.
Step 3: Factor Analysis:
After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of the Non-dispersive Infrared. Further, we conducted factor analysis using dependent and independent variables such as Gas Type, Application, and End-User of the Non-dispersive Infrared Market. A thorough analysis was conducted of demand and supply-side scenarios considering top partnerships, mergers and acquisitions, business expansion, and product launches in the Non-dispersive Infrared sector across the globe.
Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the global Non-dispersive Infrared, and market shares of the segments. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.
Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., the top-down/bottom-up approach were applied to arrive at the market forecast for 2032 for different segments and sub-segments across the major markets globally. The research methodology adopted to estimate the market size encompasses:
Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.
Market Engineering
The data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers for each segment and sub-segment of the global Non-dispersive Infrared. Data was split into several segments & sub-segments post studying various parameters and trends in the areas of Gas Type, Application, and End-User in the global Non-dispersive Infrared Market.
The current & future market trends of the global Non-dispersive Infrared Market were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments on the qualitative and quantitative analysis performed in the study. Current and future market trends determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit from a first-mover advantage. Other quantitative goals of the studies include:
Q1: What is the current market size and growth potential of the Non-dispersive Infrared (NDIR) Market?
Q2: What are the driving factors for the growth of the Non-dispersive Infrared market?
Q3: Which segment has the largest share in the Non-dispersive Infrared market by End-User?
Q4: What are the emerging technologies and trends in the Non-dispersive Infrared market?
Q5: Which region will dominate in the Non-dispersive Infrared (NDIR) Market?
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