NDIR Sensor Trends and Forecast
The future of the global NDIR sensor market looks promising with opportunities in the industrial safety, environmental protection, medical, residential and commercial security, power, automobile, and research institution markets. The global NDIR sensor market is expected to grow with a CAGR of 7.2% from 2024 to 2030. The major drivers for this market are stringent environmental regulations aimed at reducing greenhouse gas emissions, air pollutants, and indoor air contaminants, rising focus on energy conservation, sustainability, and building automation, and growing demand for NDIR sensors for gas detection and monitoring in industrial, commercial, and residential settings.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
NDIR Sensor by Segment
The study includes a forecast for the global NDIR sensor by type, application, and region.
NDIR Sensor Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• NDIR CO2 Sensors
• NDIR Methane (CH4) Gas Sensors
• NDIR CO Sensors
• NDIR Propane Gas Sensors
• NDIR Refrigerant Gases Sensors
• NDIR Ethylene Gases Sensors
• NDIR SF6 Infrared Sensors
NDIR Sensor Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Industrial Safety
• Environmental Protection
• Medical
• Residential and Commercial Security
• Power
• Automobile
• Research Institutions
• Others
NDIR Sensor Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of NDIR Sensor Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies NDIR sensor companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the NDIR sensor companies profiled in this report include-
• Amphenol Advanced Sensors
• Senseair
• Murata
• Sensirion
• MKS Instruments
• Vaisala
• Teledyne API
NDIR Sensor Market Insights
Lucintel forecasts that NDIR CO2 sensor is expected to witness the highest growth over the forecast period.
Within this market, industrial safety is expected to witness the highest growth.
North America is expected to witness highest growth over the forecast period.
Features of the Global NDIR Sensor Market
Market Size Estimates: NDIR sensor market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: NDIR sensor market size by type, application, and region in terms of value ($B).
Regional Analysis: NDIR sensor market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the NDIR sensor market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the NDIR sensor market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for NDIR sensor market?
Answer: The global NDIR sensor market is expected to grow with a CAGR of 7.2% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the NDIR sensor market?
Answer: The major drivers for this market are stringent environmental regulations aimed at reducing greenhouse gas emissions, air pollutants, and indoor air contaminants, rising focus on energy conservation, sustainability, and building automation, and growing demand for NDIR sensors for gas detection and monitoring in industrial, commercial, and residential settings.
Q3. What are the major segments for NDIR sensor market?
Answer: The future of the global NDIR sensor market looks promising with opportunities in the industrial safety, environmental protection, medical, residential and commercial security, power, automobile, and research institution markets.
Q4. Who are the key NDIR sensor market companies?
Answer: Some of the key NDIR sensor companies are as follows:
• Amphenol Advanced Sensors
• Senseair
• Murata
• Sensirion
• MKS Instruments
• Vaisala
• Teledyne API
Q5. Which NDIR sensor market segment will be the largest in future?
Answer: Lucintel forecasts that NDIR CO2 sensor is expected to witness the highest growth over the forecast period.
Q6. In NDIR sensor market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the NDIR sensor market by type (NDIR CO2 sensors, NDIR methane (CH4) gas sensors, NDIR co sensors, NDIR propane gas sensors, NDIR refrigerant gases sensors, NDIR ethylene gases sensors, and NDIR SF6 infrared sensors), application (industrial safety, environmental protection, medical, residential and commercial security, power, automobile, research institutions, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to NDIR Sensor Market, NDIR Sensor Market Size, NDIR Sensor Market Growth, NDIR Sensor Market Analysis, NDIR Sensor Market Report, NDIR Sensor Market Share, NDIR Sensor Market Trends, NDIR Sensor Market Forecast, NDIR Sensor Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.