Non-dispersive Infrared (NDIR) Market Forecast: Reaching $1.0 Billion by 2027 - Industry Insights and Trends

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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.
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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
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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
worlds 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.
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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 _at_
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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.
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MarketsandMarkets Presents
Key Players The key players in this market are
Amphenol (US), Honeywell (US), Senseair
AB(Sweden), SS 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 -
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on-dispersive-infrared-market-90187624.html
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