Non-Dispersive Infrared Gas Sensor Market was valued at USD 1.45 Billion in 2022 and is projected to reach USD 2.50 Billion by 2030, growing at a CAGR of 7.5% from 2024 to 2030.
The global Non-Dispersive Infrared (NDIR) gas sensor market was valued at approximately USD 2.1 billion in 2022. It is projected to grow at a compound annual growth rate (CAGR) of 7.5% from 2022 to 2027, reaching an estimated USD 3.1 billion by the end of the forecast period. This growth is driven by the increasing demand for advanced gas detection technologies in various applications, including environmental monitoring, automotive, and industrial processes. The expansion of smart city infrastructure and stringent regulations for air quality are also contributing to the market's upward trajectory.
Emerging market opportunities are notable in regions such as Asia-Pacific, where rapid industrialization and urbanization are boosting the need for gas sensors. Additionally, advancements in sensor technology and integration with IoT devices offer significant potential for market expansion. The growing focus on energy efficiency and emission control further enhances the prospects for NDIR gas sensors. Companies are increasingly investing in research and development to innovate and cater to evolving market demands, presenting lucrative opportunities for growth in the sector.
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AKM
Amphenol
Dynament
Honeywell International
MIPEX TECHNOLOGY
Senseair AB
Gas Sensing Solutions
Nano Environmental Technology
ELT Sensor
Emerson Electric
Zhengzhou Winsen Electronics Technology
Cubic Sensor and Instrument
Suzhou Nuolianxin Electronic Technology
Zhengzhou Weisheng Electronic Technology
Hunan GRI Instrumen
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Non-Dispersive Infrared Gas Sensor Market
Carbon Dioxide
Vinyl
CXarbon Monoxide
Ether
Propane
Others
Based on Types the Market is categorized into Below types that held the largest Non-Dispersive Infrared Gas Sensor market share In 2023.
Near-infrared
Mid-infrared
Far-infrared
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Non-Dispersive Infrared Gas Sensor Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Non-Dispersive Infrared Gas Sensor Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Non-Dispersive Infrared Gas Sensor Market, By Type
6. Global Non-Dispersive Infrared Gas Sensor Market, By Application
7. Global Non-Dispersive Infrared Gas Sensor Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Non-Dispersive Infrared Gas Sensor Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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