Report Scope & Overview:
Non-dispersive Infrared (NDIR) Market Size was valued at USD 700 Million in 2022 and is expected to reach USD 1.15 Billion by 2030, and grow at a CAGR of 6.5% over the forecast period 2023-2030.
Non-dispersive infrared (NDIR) is a spectroscopic sensor used in gas analysis to determine gas saturation such as carbon dioxide, carbon monoxide, and hydrocarbons. It uses a different frequency of absorption of the wavelength of each gas to determine the type of gas. NDIR is called non-dispersive because there is no scattering factor that separates broadband light into a spectrum of a small diameters suitable for gas sensing. infrared. The NDIR process uses two chambers; infrared light is transmitted to the first chamber called the sample chamber and directed to the detector. Along with it, there is a second room with a reference gas enclosed. The gas present in the sample chamber forces the absorption of clearly defined wavelengths; these wavelengths are measured to determine the gas saturation of the detector. The presence of a visible filter in front of the detector removes all lamps that can be absorbed by certain gas molecules.
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MARKET DYNAMICS:
KEY DRIVERS:
Increasing focus on worker safety.
Reduce toxic gas leakages.
RESTRAINTS:
Sensor development is a time-consuming procedure.
High manufacturing cost.
OPPORTUNITIES:
Need for improved alcohol sensors.
Innovative detection technique.
CHALLENGES:
Raw material scarcity.
Disruption in supply chain.
IMPACT OF COVID-19:
The outbreak and spread of COVID-19 have had a significant impact on NDIR value chain stakeholders. The rapid rise of the global automobile industry is one of the primary factors of NDIR market growth. The growth of the NDIR business has been limited by land limitations implemented by several governments to control the distribution of COVID-19. Furthermore, these limits have had a global influence on global GDP and per capita income. Lower income reduced public purchasing power, resulting in a y-o-y growth slowdown across the market. Following the outbreak, main market players concentrated on preserving and creating operational revenue. As a result, by 2021, the number of advancements in the NDIR market has grown. COVID-19's impact, on the other hand, is predicted to reduce gradually during the forecasted period.
MARKET SEGMENTATION:
BY COMPONENT:
IR sources
Optical filters
Optical gas chamber
IR detectors
BY INDUSTRY:
Automotive & transportation
Oil & gas
Industrial & manufacturing
Food processing & storage
Chemicals
Medical
Environmental
Others
BY GAS TYPE:
Refrigerant gases
Carbon monoxide
Ethylene
Acetylene
Hydrocarbons
Sulfur hexafluoride
Anesthetic gases
Others
BY APPLICATION:
Monitoring
HVAC
Detection and analysis
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REGIONAL ANALYSIS:
APAC held the highest share of the NDIR market throughout the projection period and is expected to keep growing. The region is predicted to have a very high CAGR from 2022 to 2028. The need for NDIR sensors in the industrial and manufacturing, medical, automotive and transportation, environmental, food and processing industries is expanding in APAC. The NDIR market is expanding due to an increase in the number of small and medium businesses (SMEs) investing in the development of NDT-based NDIR sensors for a variety of applications and their financial growth. Because China, Japan, India, and South Korea are among the top 20 automobile manufacturers in the world, the region's NDIR industry has a lot more potential to grow in the forecasted period.
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
South Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
KEY PLAYERS :
The key market players in Non-dispersive Infrared (NDIR) Market are Honeywell, S+S Regeltechnik, Nano Environmental Technology, Emerson Electric, Cubic Sensor and Instrument, Amphenol, Senseair AB, Dynament, MIPEX TECHNOLOGY, Shenzhen Mindray Bio-Medical Electronics and Other.
S+S Regeltechnik-Company Financial Analysis
Report Attributes | Details |
---|---|
Market Size in 2022 | US$ 700 Million |
Market Size by 2030 | US$ 1.15 Billion |
CAGR | CAGR of 6.5% From 2023 to 2030 |
Base Year | 2022 |
Forecast Period | 2023-2030 |
Historical Data | 2020-2021 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • by Components (IR Sources, Optical Filters, Optical Gas Chamber, Ir Detector) • by Industry (Automotive & Transportation, Oil & Gas, Industrial & Manufacturing, Food Processing & Storage, Chemicals, Medical, Environmental, Others) • by Gas Type (Carbon Dioxide, Refrigerant Gases, Carbon Monoxide, Ethylene, Acetylene, Hydrocarbons, Sulfur Hexafluoride, Anesthetic Gases, Others) • by Application (Monitoring , HVAC, Detection and analysis) |
Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
Company Profiles | Honeywell, S+S Regeltechnik, Nano Environmental Technology, Emerson Electric, Cubic Sensor and Instrument, Amphenol, Senseair AB, Dynament, MIPEX TECHNOLOGY, Shenzhen Mindray Bio-Medical Electronics and Other. |
Key Drivers | • Increasing focus on worker safety. • Reduce toxic gas leakages. |
RESTRAINTS | • Sensor development is a time-consuming procedure. • High manufacturing cost. |
The Non-dispersive Infrared (NDIR) Market size was valued at 657 Million in 2021 at a CAGR of 6.5%.
Need for improved alcohol sensors and Innovative detection technique are the opportunities in the Non-dispersive Infrared (NDIR) Market.
The key market players in Non-dispersive Infrared (NDIR) Market are Honeywell, S+S Regeltechnik, Nano Environmental Technology, Emerson Electric, Cubic Sensor and Instrument, Amphenol, Senseair AB, Dynament, MIPEX TECHNOLOGY, Shenzhen Mindray Bio-Medical Electronics and Other.
Top-down research, bottom-up research, qualitative research, quantitative research, and Fundamental research.
Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Global Non-dispersive Infrared (NDIR) Market Segmentation, by Components
8.1Introduction
8.2 IR Sources
83 Optical Filters
8.4 Optical Gas Chamber
8.5 Ir Detectors
8.6 Other
9. Global Non-dispersive Infrared (NDIR) Market Segmentation, by Industry
9.1 Introduction
9.2 Automotive & Transportation
9.3 Oil & Gas
9.4 Industrial & Manufacturing
9.5 Food Processing & Storage
9.6 Chemicals
9.7 Medical
9.8 Environmental
9.9 Others
10. Global Non-dispersive Infrared (NDIR) Market Segmentation, By Gas type
10.1 Introduction
10.2 Carbon Dioxide
10.3 Refrigerant Gases
10.4 Carbon Monoxide
10.5 Ethylene
10.6 Acetylene
10.7 Hydrocarbons
10.8 Sulfur Hexafluoride
10.9 Anesthetic Gases
10.10 Others
11. Global Non-dispersive Infrared (NDIR) Market Segmentation, By application
11.1 Introduction
11.2 Monitoring
11.3 HVAC
11.4 Detection and analysis
11.5 Other
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 USA
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 France
12.3.4 Italy
12.3.5 Spain
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4 Asia-Pacific
12.4.1 Japan
12.4.2 South Korea
12.4.3 China
12.4.4 India
12.4.5 Australia
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.1 Israel
12.5.2 UAE
12.5.3 South Africa
12.5.4 Rest
12.6 Latin America
12.6.1 Brazil
12.6.2 Argentina
12.6.3 Rest of Latin America
13. Company Profiles
13.1 Nano Environmental Technology.
13.1.1 Financial
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 Honeywell
13.3 S+S Regeltechnik
13.4 Emerson Electric
13.5 Cubic Sensor and Instrument
13.6 Amphenol
13.7 Senseair AB
13.8 Dynament
13.9 MIPEX TECHNOLOGY
13.10 Shenzhen Mindray Bio-Medical Electronics
13.11 Other
14. Competitive Landscape
14.1 Competitive Benchmark
14.2 Market Share Analysis
14.3 Recent Developments
15. Conclusion
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