出版：MarketsandMarkets（マーケッツアンドマーケッツ） 出版年月：2024年4月
Non-Dispersive Infrared (NDIR) Market – Global Forecast To 2029
非分散型赤外線（NDIR）市場 : ガスの種類 (二酸化炭素、炭化水素、冷媒、アセチレン、エチレン、六フッ化硫黄、一酸化炭素、麻酔薬、VOC、硫化水素、塩素)、製品 (固定式、ポータブル) – 2029年までの世界予測
Non-dispersive Infrared (NDIR) Market by Gas Type (Carbon Dioxide, Hydrocarbons, Refrigerant, Acetylene, Ethylene, Sulphur Hexafluoride, Carbon Monoxide, Anesthetic, VOCs, Hydrogen Sulphide, Chlorine), Product (Fixed, Portable) – Global Forecast to 2029
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| 価格 | |
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| コーポレート（サイト）ライセンス | USD 8,150 |
| エンタープライズライセンス | USD 10,000 |
| 種別 | 英文調査報告書 |
Report Overview
The global NDIR market is expected to be valued at USD 681 million in 2024 and is projected to reach USD 965 million by 2029; it is expected to grow at a CAGR of 7.2% from 2024 to 2029.
世界のNDIR市場は2024年に6億8,100万米ドルと見込まれ、2029年までに9億6,500万米ドルに達すると予測されています。 2024 年から 2029 年にかけて 7.2% の CAGR で成長すると予想されています。
In critical industries such as oil & gas, chemical manufacturing, and mining, where workers are exposed to various toxic or flammable gases, reliable gas sensing technology is essential for maintaining a safe working environment and preventing costly incidents.
“Portable by product type segment to account higher market share in NDIR market during the forecast period”
NDIR portable sensors have versatility and increasing demand for on-the-go gas detection solutions across various applications. The rising focus on workplace safety and environmental monitoring drives the adoption of portable NDIR sensors in industries such as oil & gas, construction, and emergency response. Advancements in technology, including miniaturization and improved battery life, make portable NDIR sensors more convenient and effective for real-time gas detection in diverse settings, fueling their market growth.
“Refrigerant Gases to account for second highest CAGR in NDIR market by type during the forecast period”
Increasing concerns about climate change and the need to reduce greenhouse gas emissions drive demand for refrigerant gases monitoring solutions in various industries, including automotive, agriculture, and industrial manufacturing. Due to increasing demand for energy-efficient refrigeration and air conditioning systems, stringent environmental regulations promoting the adoption of low-GWP (Global Warming Potential) refrigerants, and advancements in NDIR technology enhancing gas detection accuracy and reliability. Additionally, the shift towards sustainable refrigerants to mitigate climate change further drives the market’s growth trajectory.
“Automotive & Transportation to account for third higher CAGR by Vertical in NDIR Market”
The increasing regulatory requirements for emissions monitoring and workplace safety drive the adoption of NDIR sensors in industrial settings. Expansion of industrial activities, particularly in emerging economies, necessitates robust gas detection solutions to mitigate environmental risks and ensure operational efficiency. Advancements in NDIR sensor technology, offering improved sensitivity and reliability, further enhance their adoption in industrial applications, contributing to the sector’s growth.
“The European region growing at third highest CAGR in NDIR market”
Europe’s NDIR market is poised for a higher CAGR due to stringent environmental regulations driving demand for gas sensing technologies, particularly in sectors like automotive, industrial, and environmental monitoring. The region also emphasizes on sustainable practices and energy efficiency fosters increased adoption of NDIR solutions, propelling market growth. Moreover, technological advancements and innovations in NDIR sensor technology are likely to further boost market expansion in Europe.
The study contains insights from various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:
• By Company Type: Tier 1 – 38%, Tier 2 – 28%, and Tier 3 – 34%
• By Designation: C-level Executives – 40%, Directors – 30%, and Others – 30%
• By Region: North America – 35%, Europe – 20%, Asia Pacific – 35%, and RoW – 10%
The key players operating in the NDIR market are MSA. (US), Yokogawa Electric Corporation (Japan), Amphenol Corporation. (US), Emerson Electric Co. (US), Honeywell International Inc. (US) etc.
Research Coverage: The research reports the NDIR market has been segmented based on gas type, product type, by application, by vertical and by region. Based on gas type, the market has been segmented into Volatile Organic Compounds (VOSs), Carbon Dioxide, Hydrocarbons, Refrigerants, Sulfur Hexafluoride, Carbon Monoxide, Ethylene, Anesthetic Gases, Acetylene, and others which include Hydrogen Sulfide, Nitrogen Oxide and Chlorine. By product type, the market has been segmented into Fixed and Portable. By Application the market has been divided into HVAC, Monitoring and Detection & Anlaysis. By Vertical the market has been segmented into Automotive & Transportation, Chemicals, Oil & Gas, Healthcare, Industrial & Manufacturing, Environmental, Food & Beverages, Other Verticals which include Mining, Greenhouse and Agriculture. The market by Region has been segmented into North America, Europe, Asia Pacific, and RoW.
The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the NDIR market. A detailed analysis of the key industry players has been done to provide insights into their business overviews, products, key strategies, contracts, partnerships, and agreements. New product & and service launches, mergers and acquisitions, and recent developments associated with the NDIR market. Competitive analysis of upcoming startups in the NDIR market ecosystem is covered in this report.
Key Benefits of Buying the Report
Analysis of key drivers (Need to contain methane leakage in oil & gas industry, Increasing demand for NDIR CO2 sensors in food processing & storage industry, Enhanced emphasis on worker safety across industries, High demand for gas sensors in critical industries, Advancements in IoT and connectivity), restraints (Intense pricing pressure resulting in decreased average selling price (ASP), Time-consuming sensor development process, Need for calibration and maintenance), opportunities (Rising demand for NDIR sensors in medical industry, Need for advanced alcohol sensors in automotive & transportation industry, Growing adoption of gas sensors in consumer electronics, Growing demand in emerging markets), and challenges (Need for product differentiation to meet unique end-use requirements, Competition from alternative technologies) influencing the growth of the NDIR market.
• Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the NDIR market
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• Market Development: Comprehensive information about lucrative markets – the report analyses the NDIR market across varied regions.
• Market Diversification: Exhaustive information about new products/services, untapped geographies, recent developments, and investments in the NDIR market
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Honeywell International Inc. (US), Emerson Electric Co. (US), Amphenol Corporation. (US) and Yokogawa Electric Corporation (Japan).
Table of Contents
1 INTRODUCTION 26
1.1 STUDY OBJECTIVES 26
1.2 MARKET DEFINITION 26
1.3 STUDY SCOPE 27
1.3.1 MARKETS COVERED 27
FIGURE 1 NDIR MARKET: SEGMENTATION 27
1.3.2 REGIONAL SCOPE 27
1.3.3 INCLUSIONS AND EXCLUSIONS 28
1.3.4 YEARS CONSIDERED 29
1.4 CURRENCY CONSIDERED 29
1.5 UNITS CONSIDERED 29
1.6 LIMITATIONS 29
1.7 STAKEHOLDERS 30
1.8 SUMMARY OF CHANGES 30
1.9 RECESSION IMPACT 31
2 RESEARCH METHODOLOGY 32
2.1 RESEARCH DATA 32
FIGURE 2 NDIR MARKET: RESEARCH DESIGN 33
2.1.1 SECONDARY AND PRIMARY RESEARCH 34
FIGURE 3 NDIR MARKET: RESEARCH APPROACH 34
2.1.2 SECONDARY DATA 35
2.1.2.1 Major secondary sources 35
2.1.2.2 Key data from secondary sources 35
2.1.3 PRIMARY DATA 36
2.1.3.1 Primary interviews with experts 36
2.1.3.2 Key primary interview participants 36
2.1.3.3 Breakdown of primaries 36
2.1.3.4 Key data from primary sources 37
2.1.3.5 Key industry insights 38
2.2 MARKET SIZE ESTIMATION METHODOLOGY 38
FIGURE 4 NDIR MARKET: MARKET SIZE ESTIMATION METHODOLOGY 38
2.2.1 BOTTOM-UP APPROACH 39
2.2.1.1 Approach to estimate market size using bottom-up analysis (demand side) 39
FIGURE 5 NDIR MARKET: BOTTOM-UP APPROACH 39
2.2.2 TOP-DOWN APPROACH 40
2.2.2.1 Approach to estimate market size using top-down analysis (supply side) 40
FIGURE 6 NDIR MARKET: TOP-DOWN APPROACH 40
FIGURE 7 NDIR MARKET: SUPPLY-SIDE ANALYSIS 41
2.3 DATA TRIANGULATION 42
FIGURE 8 NDIR MARKET: DATA TRIANGULATION 42
2.4 RESEARCH ASSUMPTIONS 43
TABLE 1 NDIR MARKET: RESEARCH ASSUMPTIONS 43
2.5 RESEARCH LIMITATIONS 43
FIGURE 9 NDIR MARKET: RESEARCH LIMITATIONS 43
2.6 RISK ASSESSMENT 44
TABLE 2 NDIR MARKET: RISK ASSESSMENT 44
2.7 PARAMETERS CONSIDERED TO ANALYZE IMPACT OF RECESSION ON NDIR MARKET 44
TABLE 3 NDIR MARKET: PARAMETERS CONSIDERED TO ANALYZE IMPACT OF RECESSION 44
3 EXECUTIVE SUMMARY 45
FIGURE 10 REFRIGERANT GASES SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 46
FIGURE 11 HVAC APPLICATION TO WITNESS HIGHEST CAGR FROM 2024 TO 2029 46
FIGURE 12 AUTOMOTIVE & TRANSPORTATION VERTICAL TO HOLD SECOND HIGHEST SHARE OF MARKET DURING FORECAST PERIOD 47
FIGURE 13 PORTABLE SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD 47
FIGURE 14 ASIA PACIFIC TO ACCOUNT FOR LARGEST MARKET SHARE IN 2024 48
4 PREMIUM INSIGHTS 49
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN NDIR MARKET 49
FIGURE 15 STRINGENT ENVIRONMENTAL REGULATIONS TO BOOST MARKET 49
4.2 NDIR MARKET, BY GAS TYPE 49
FIGURE 16 CARBON DIOXIDE SEGMENT TO DOMINATE MARKET IN 2029 49
4.3 NDIR MARKET, BY APPLICATION 50
FIGURE 17 MONITORING SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 50
4.4 NDIR MARKET, BY VERTICAL 50
FIGURE 18 FOOD & BEVARAGES SEGMENT TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD 50
4.5 NDIR MARKET IN ASIA PACIFIC, BY VERTICAL AND GEOGRAPHY 51
FIGURE 19 AUTOMOTIVE & TRANSPORTATION SEGMENT AND CHINA HELD LARGEST SHARES OF ASIA PACIFIC MARKET IN 2023 51
4.6 NDIR MARKET, BY REGION 51
FIGURE 20 NDIR MARKET IN INDIA TO RECORD HIGHEST CAGR DURING FORECAST PERIOD 51
5 MARKET OVERVIEW 52
5.1 INTRODUCTION 52
5.2 MARKET DYNAMICS 52
FIGURE 21 NDIR MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 52
5.2.1 DRIVERS 53
FIGURE 22 NDIR MARKET: IMPACT ANALYSIS OF DRIVERS 53
5.2.1.1 Need to contain methane leakages in oil & gas industry 53
5.2.1.2 Increasing demand for NDIR CO2 sensors in food processing & storage industry 54
5.2.1.3 Enhanced emphasis on worker safety across industries 54
5.2.1.4 High demand for gas sensors in critical industries 55
5.2.1.5 Advancements in IoT and connectivity 55
5.2.2 RESTRAINTS 56
FIGURE 23 NDIR MARKET: IMPACT ANALYSIS OF RESTRAINTS 56
5.2.2.1 Price erosion due to intense competition 56
5.2.2.2 Time-consuming sensor development process 56
5.2.3 OPPORTUNITIES 57
FIGURE 24 NDIR MARKET: IMPACT ANALYSIS OF OPPORTUNITIES 57
5.2.3.1 Rising demand for NDIR sensors in healthcare industry 57
5.2.3.2 Need for advanced alcohol sensors in automotive & transportation industry 58
5.2.3.3 Increasing demand in emerging markets 58
5.2.4 CHALLENGES 59
FIGURE 25 NDIR MARKET: IMPACT ANALYSIS OF CHALLENGES 59
5.2.4.1 Need for product differentiation to meet unique end-user requirements 59
5.2.4.2 Competition from alternative technologies 59
5.3 VALUE CHAIN ANALYSIS 60
FIGURE 26 NDIR MARKET: VALUE CHAIN ANALYSIS 60
5.4 ECOSYSTEM ANALYSIS 61
FIGURE 27 ECOSYSTEM ANALYSIS 61
TABLE 4 ROLE OF PLAYERS IN NDIR ECOSYSTEM 61
5.5 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 62
FIGURE 28 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 62
5.6 PRICING ANALYSIS 63
5.6.1 AVERAGE SELLING PRICE TREND OF NDIR MODULES OFFERED BY KEY PLAYERS 63
FIGURE 29 AVERAGE SELLING PRICE TREND OF NDIR MODULES OFFERED BY KEY PLAYERS, 2023 63
TABLE 5 AVERAGE SELLING PRICE TREND OF NDIR MODULES OFFERED BY KEY PLAYERS (USD) 63
5.6.2 AVERAGE SELLING PRICE TREND OF NDIR MODULES, BY GAS TYPE 64
FIGURE 30 AVERAGE SELLING PRICE TREND OF NDIR MODULES, BY GAS TYPE, 2020–2023 (USD) 64
5.6.3 AVERAGE SELLING PRICE TREND OF NDIR MODULES, BY REGION 65
FIGURE 31 AVERAGE SELLING PRICE TREND OF NDIR MODULES, BY REGION (USD) 65
5.7 TECHNOLOGY ANALYSIS 65
5.7.1 KEY TECHNOLOGIES 65
5.7.1.1 Emission and absorption spectroscopy 65
5.7.2 COMPLEMENTARY TECHNOLOGIES 66
5.7.2.1 Internet of Things (IoT) and cloud computing 66
5.7.3 ADJACENT TECHNOLOGIES 66
5.7.3.1 Gas chromatography 66
5.7.3.2 Tunable diode laser analyzer (TDLA) spectroscopy 66
5.8 PORTER’S FIVE FORCES ANALYSIS 67
TABLE 6 NDIR MARKET: PORTER’S FIVE FORCES ANALYSIS 67
FIGURE 32 NDIR MARKET: PORTER’S FIVE FORCES ANALYSIS 67
5.8.1 THREAT OF NEW ENTRANTS 68
5.8.2 THREAT OF SUBSTITUTES 68
5.8.3 BARGAINING POWER OF SUPPLIERS 68
5.8.4 BARGAINING POWER OF BUYERS 68
5.8.5 INTENSITY OF COMPETITIVE RIVALRY 68
5.9 KEY STAKEHOLDERS AND BUYING CRITERIA 69
5.9.1 KEY STAKEHOLDERS IN BUYING PROCESS 69
FIGURE 33 KEY STAKEHOLDERS IN BUYING PROCESS FOR TOP THREE APPLICATIONS 69
TABLE 7 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS 69
5.9.2 BUYING CRITERIA 70
FIGURE 34 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS 70
TABLE 8 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS 70
5.10 CASE STUDIES 71
5.10.1 STORAGE CONTROL SYSTEMS LTD. OPTS FOR GSS CO2 SENSOR TO PREVENT SPOILAGE OF PRODUCTS 71
5.10.2 EDINBURGH INSTRUMENTS LTD. DEVELOPS NDIR SENSOR FOR CONTINUOUS DETECTION OF CO2 71
5.10.3 AKO GROUP’S AKOGAS NDIR SIGNIFICANTLY REDUCES REFRIGERANT GAS LEAKS 71
5.10.4 XILTRIX INTERNATIONAL’S NDIR SENSORS ENHANCE INCUBATOR MONITORING 72
5.11 INVESTMENT AND FUNDING SCENARIO 73
FIGURE 35 FUNDING FOR STARTUPS IN NDIR MARKET, 2022–2023 73
5.12 TRADE ANALYSIS 73
5.12.1 IMPORT SCENARIO 73
TABLE 9 IMPORT DATA FOR HS CODE 90271000-COMPLIANT PRODUCTS FOR TOP 10 COUNTRIES, 2018–2022 (USD THOUSAND) 74
5.12.2 EXPORT SCENARIO 74
TABLE 10 EXPORT DATA FOR HS CODE 90271000-COMPLIANT PRODUCTS FOR TOP 10 COUNTRIES, 2018–2022 (USD THOUSAND) 74
5.13 PATENT ANALYSIS, 2020–2024 75
TABLE 11 NDIR MARKET: PATENTS, 2020–2024 75
FIGURE 36 NUMBER OF PATENTS GRANTED PER YEAR, 2013–2023 77
TABLE 12 NUMBER OF PATENTS REGISTERED IN LAST 10 YEARS 77
5.14 KEY CONFERENCES AND EVENTS, 2024–2025 78
TABLE 13 NDIR MARKET: CONFERENCES AND EVENTS, 2024–2025 78
5.15 REGULATORY LANDSCAPE 79
5.15.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 79
TABLE 14 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 79
TABLE 15 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 79
TABLE 16 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 80
TABLE 17 ROW: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 81
5.15.2 STANDARDS AND REGULATIONS 81
5.15.2.1 Standards 81
5.15.2.2 Regulations 83
6 COMPONENTS OF NDIR SENSORS 84
6.1 INTRODUCTION 84
6.2 IR SOURCES 84
6.2.1 HIGHER OUTPUT IN MID-INFRARED WAVELENGTH RANGE 84
6.2.2 WIDE WAVELENGTH RANGE OUTPUT 85
6.3 OPTICAL GAS CHAMBER 85
6.4 OPTICAL FILTERS 85
TABLE 18 GAS ABSORPTION WAVELENGTH 86
6.5 IR DETECTORS 86
6.6 ADVANTAGES AND LIMITATIONS OF NDIR SENSORS 86
6.6.1 ADVANTAGES 86
6.6.2 LIMITATIONS 87
7 NDIR MARKET, BY PRODUCT TYPE 88
7.1 INTRODUCTION 89
FIGURE 37 NDIR MARKET, BY PRODUCT TYPE 89
FIGURE 38 PORTABLE SEGMENT TO REGISTER HIGHER CAGR DURING FORECAST PERIOD 90
TABLE 19 NDIR MARKET: BY PRODUCT TYPE, 2020–2023 (USD MILLION) 90
TABLE 20 NDIR MARKET: BY PRODUCT TYPE, 2024–2029 (USD MILLION) 90
7.2 FIXED 91
7.2.1 STRICT ENVIRONMENTAL REGULATIONS TO DRIVE MARKET 91
7.3 PORTABLE 91
7.3.1 NEED FOR ON-THE-GO MONITORING TO FUEL DEMAND 91
8 NDIR MARKET, BY GAS TYPE 92
8.1 INTRODUCTION 93
FIGURE 39 NDIR MARKET, BY GAS TYPE 93
FIGURE 40 REFRIGERANT GASES SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 94
TABLE 21 NDIR MARKET, BY GAS TYPE, 2020–2023 (USD MILLION) 94
TABLE 22 NDIR MARKET, BY GAS TYPE, 2024–2029 (USD MILLION) 95
TABLE 23 NDIR MARKET SIZE, IN TERMS OF VOLUME, 2020–2023 (MILLION UNITS) 95
TABLE 24 NDIR MARKET, 2024–2029 (MILLION UNITS) 95
FIGURE 41 NDIR MARKET, UNIT SHIPMENT, 2020-2029 (MILLION UNITS) 96
8.2 CARBON DIOXIDE (CO2) 96
8.2.1 WIDESPREAD APPLICATIONS OF CO2 SENSORS TO DRIVE MARKET GROWTH 96
TABLE 25 CARBON DIOXIDE: NDIR MARKET, BY VERTICAL, 2020–2023 (USD MILLION) 97
TABLE 26 CARBON DIOXIDE: NDIR MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 97
8.3 HYDROCARBONS 97
TABLE 27 HYDROCARBONS: NDIR MARKET, BY GAS TYPE, 2020–2023 (USD MILLION) 98
TABLE 28 HYDROCARBONS: NDIR MARKET, BY GAS TYPE, 2024–2029 (USD MILLION) 98
TABLE 29 HYDROCARBONS: NDIR MARKET, BY VERTICAL, 2020–2023 (USD MILLION) 98
TABLE 30 HYDROCARBONS: NDIR MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 99
8.3.1 ACETYLENE 99
8.3.1.1 Strict workplace safety regulations to propel market growth 99
TABLE 31 HYDROCARBONS: NDIR MARKET FOR ACETYLENE, BY VERTICAL, 2020–2023 (USD MILLION) 99
TABLE 32 HYDROCARBONS: NDIR MARKET FOR ACETYLENE, BY VERTICAL, 2024–2029 (USD MILLION) 100
8.3.2 ETHYLENE 100
8.3.2.1 Wide use in agricultural and food industries to boost market 100
TABLE 33 HYDROCARBONS: NDIR MARKET FOR ETHYLENE, BY VERTICAL, 2020–2023 (USD MILLION) 100
TABLE 34 HYDROCARBONS: NDIR MARKET FOR ETHYLENE, BY VERTICAL, 2024–2029 (USD MILLION) 101
8.3.3 OTHER HYDROCARBONS 101
TABLE 35 HYDROCARBONS: NDIR MARKET FOR OTHER HYDROCARBONS, BY VERTICAL, 2020–2023 (USD MILLION) 101
TABLE 36 HYDROCARBONS: NDIR MARKET FOR OTHER HYDROCARBONS, BY VERTICAL, 2024–2029 (USD MILLION) 102
8.4 REFRIGERANT GASES 102
8.4.1 NEED TO REDUCE GLOBAL WARMING TO FUEL MARKET 102
TABLE 37 REFRIGERANT GASES: NDIR MARKEYT, BY VERTICAL, 2020–2023 (USD MILLION) 103
TABLE 38 REFRIGERANT GASES: NDIR MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 103
8.5 SULFUR HEXAFLUORIDE (SF6) 103
8.5.1 STRINGENT ENVIRONMENTAL REGULATIONS TO BOOST MARKET 103
TABLE 39 SULFUR HEXAFLUORIDE: NDIR MARKET, BY VERTICAL, 2020–2023 (USD MILLION) 104
TABLE 40 SULFUR HEXAFLUORIDE: NDIR MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 104
8.6 CARBON MONOXIDE (CO) 104
8.6.1 INCREASING NEED TO SAFEGUARD HUMAN HEALTH TO PROPEL MARKET 104
TABLE 41 CARBON MONOXIDE: NDIR MARKET, BY VERTICAL, 2020–2023 (USD MILLION) 105
TABLE 42 CARBON MONOXIDE: NDIR MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 105
8.7 ANESTHETIC GASES 106
8.7.1 RISING FOCUS ON SAFETY OF HEALTHCARE WORKERS TO BOOST MARKET 106
TABLE 43 ANESTHETIC GASES: NDIR MARKET, BY VERTICAL, 2020–2023 (USD MILLION) 106
TABLE 44 ANESTHETIC GASES: NDIR MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 106
8.8 VOLATILE ORGANIC COMPOUNDS (VOCS) 107
8.8.1 INCREASING POLLUTION LEVELS TO CREATE GROWTH OPPORTUNITIES FOR MARKET 107
TABLE 45 VOCS: NDIR MARKET, BY VERTICAL, 2020–2023 (USD MILLION) 107
TABLE 46 VOCS: NDIR MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 108
8.9 OTHER GASES 108
TABLE 47 OTHER GASES: NDIR MARKET, BY VERTICAL, 2020–2023 (USD MILLION) 108
TABLE 48 OTHER GASES: NDIR MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 109
8.9.1 CHLORINE 109
8.9.1.1 Rising use of chlorine in water & wastewater treatment to drive market 109
8.9.2 HYDROGEN SULFIDE 109
8.9.2.1 Increased demand in oil & gas industry to boost market 109
8.9.3 NITROGEN OXIDE (NOX) 110
8.9.3.1 Need to detect toxic gases in outdoor air to drive demand 110
9 NDIR MARKET, BY APPLICATION 111
9.1 INTRODUCTION 112
FIGURE 42 NDIR MARKET, BY APPLICATION 112
FIGURE 43 HVAC APPLICATION TO RECORD HIGHEST CAGR DURING FORECAST PERIOD 112
TABLE 49 NDIR MARKET: BY APPLICATION, 2020–2023 (USD MILLION) 113
TABLE 50 NDIR MARKET: BY APPLICATION , 2024–2029 (USD MILLION) 113
9.2 HVAC 113
9.2.1 HIGH DEMAND FOR HVAC SYSTEMS TO DRIVE MARKET 113
9.3 MONITORING 114
TABLE 51 MONITORING: NDIR MARKET, BY SUBTYPE, 2020–2023 (USD MILLION) 114
TABLE 52 MONITORING: NDIR MARKET, BY SUBTYPE, 2024–2029 (USD MILLION) 114
9.3.1 AIR QUALITY MONITORING 114
9.3.1.1 Rising awareness of environmental threats to boost market 114
9.3.2 ANESTHESIA MONITORING 115
9.3.2.1 Emphasis on safety in healthcare environments to drive market 115
9.3.3 CAPNOGRAPHY 115
9.3.3.1 Rising use of NDIR sensors for real-time monitoring of exhaled air to drive market 115
9.3.4 REFRIGERANT MONITORING 116
9.3.4.1 Stringent standards and regulations to create greater demand 116
9.3.5 FRUIT RIPENING MONITORING 116
9.3.5.1 Need to reduce food wastage to accelerate demand 116
9.4 DETECTION & ANALYSIS 117
TABLE 53 DETECTION & ANALYSIS: NDIR MARKET, BY SUBTYPE, 2020–2023 (USD MILLION) 117
TABLE 54 DETECTION & ANALYSIS: NDIR MARKET, BY SUBTYPE, 2024–2029 (USD MILLION) 117
9.4.1 HAZARDOUS GAS DETECTION 117
9.4.1.1 Demand for precise gas sensing solutions to drive market 117
9.4.2 FLAME DETECTION 118
9.4.2.1 Growing demand in chemicals industry to boost market 118
9.4.3 ALCOHOL DETECTION 118
9.4.3.1 Increasing government protocols to drive market 118
9.4.4 BLOOD GAS ANALYSIS 118
9.4.4.1 Need for accurate analysis of respiratory gases to drive market 118
10 NDIR MARKET, BY VERTICAL 119
10.1 INTRODUCTION 120
FIGURE 44 NDIR MARKET, BY VERTICAL 120
FIGURE 45 FOOD & BEVERAGES SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 121
TABLE 55 NDIR MARKET: BY VERTICAL, 2020–2023 (USD MILLION) 121
TABLE 56 NDIR MARKET: BY VERTICAL, 2024–2029 (USD MILLION) 122
10.2 AUTOMOTIVE & TRANSPORTATION 122
10.2.1 NEED FOR EFFICIENT EMISSION MONITORING TO DRIVE MARKET 122
TABLE 57 AUTOMOTIVE & TRANSPORTATION: NDIR MARKET, BY GAS TYPE, 2020–2023 (USD MILLION) 123
TABLE 58 AUTOMOTIVE & TRANSPORTATION: NDIR MARKET, BY GAS TYPE, 2024–2029 (USD MILLION) 123
TABLE 59 AUTOMOTIVE & TRANSPORTATION: NDIR MARKET, BY REGION, 2020–2023 (USD MILLION) 124
TABLE 60 AUTOMOTIVE & TRANSPORTATION: NDIR MARKET, BY REGION, 2024–2029 (USD MILLION) 124
10.3 CHEMICALS 124
10.3.1 INCREASING NEED FOR LEAK DETECTION IN HAZARDOUS ENVIRONMENTS TO BOOST MARKET 124
TABLE 61 CHEMICALS: NDIR MARKET, BY GAS TYPE, 2020–2023 (USD MILLION) 125
TABLE 62 CHEMICALS: NDIR MARKET, BY GAS TYPE, 2024–2029 (USD MILLION) 125
TABLE 63 CHEMICALS: NDIR MARKET, BY REGION, 2020–2023 (USD MILLION) 125
TABLE 64 CHEMICALS: NDIR MARKET, BY REGION, 2024–2029 (USD MILLION) 126
10.4 OIL & GAS 126
10.4.1 STRICT WORKER SAFETY REGULATIONS TO DRIVE DEMAND 126
TABLE 65 OIL & GAS: NDIR MARKET, BY GAS TYPE, 2020–2023 (USD MILLION) 127
TABLE 66 OIL & GAS: NDIR MARKET, BY GAS TYPE, 2024–2029 (USD MILLION) 127
TABLE 67 OIL & GAS: NDIR MARKET, BY REGION, 2020–2023 (USD MILLION) 127
TABLE 68 OIL & GAS: NDIR MARKET, BY REGION, 2024–2029 (USD MILLION) 128
10.5 HEALTHCARE 128
10.5.1 RISING NEED TO DETECT WASTE ANESTHETIC GASES TO DRIVE DEMAND 128
TABLE 69 HEALTHCARE: NDIR MARKET, BY GAS TYPE, 2020–2023 (USD MILLION) 129
TABLE 70 HEALTHCARE: NDIR MARKET, BY GAS TYPE, 2024–2029 (USD MILLION) 129
TABLE 71 HEALTHCARE: NDIR MARKET, BY REGION, 2020–2023 (USD MILLION) 129
TABLE 72 HEALTHCARE: NDIR MARKET, BY REGION, 2024–2029 (USD MILLION) 130
10.6 INDUSTRIAL & MANUFACTURING 130
10.6.1 RISING PRODUCTION OF COMBUSTIBLE AND TOXIC GASES TO BOOST DEMAND 130
TABLE 73 INDUSTRIAL & MANUFACTURING: NDIR MARKET, BY GAS TYPE, 2020–2023 (USD MILLION) 130
TABLE 74 INDUSTRIAL & MANUFACTURING: NDIR MARKET, BY GAS TYPE, 2024–2029 (USD MILLION) 131
TABLE 75 INDUSTRIAL & MANUFACTURING: NDIR MARKET, BY REGION, 2020–2023 (USD MILLION) 131
TABLE 76 INDUSTRIAL & MANUFACTURING: NDIR MARKET, BY REGION, 2024–2029 (USD MILLION) 131
10.7 ENVIRONMENTAL 132
10.7.1 GROWING NEED FOR AIR QUALITY MONITORING TO FUEL MARKET 132
TABLE 77 ENVIRONMENTAL: NDIR MARKET, BY GAS TYPE, 2020–2023 (USD MILLION) 132
TABLE 78 ENVIRONMENTAL: NDIR MARKET, BY GAS TYPE, 2024–2029 (USD MILLION) 132
TABLE 79 ENVIRONMENTAL: NDIR MARKET, BY REGION, 2020–2023 (USD MILLION) 133
TABLE 80 ENVIRONMENTAL: NDIR MARKET, BY REGION, 2024–2029 (USD MILLION) 133
10.8 FOOD & BEVERAGES 133
10.8.1 INCREASING USE OF CO2 IN FOOD PROCESSING & STORAGE TO DRIVE MARKET 133
TABLE 81 FOOD & BEVERAGES: NDIR MARKET, BY GAS TYPE, 2020–2023 (USD MILLION) 134
TABLE 82 FOOD & BEVERAGES: NDIR MARKET, BY GAS TYPE, 2024–2029 (USD MILLION) 134
TABLE 83 FOOD & BEVERAGES: NDIR MARKET, BY REGION, 2020–2023 (USD MILLION) 134
TABLE 84 FOOD & BEVERAGES: NDIR MARKET, BY REGION, 2024–2029 (USD MILLION) 135
10.9 OTHER VERTICALS 135
TABLE 85 OTHER VERTICALS: NDIR MARKET, BY GAS TYPE, 2020–2023 (USD MILLION) 135
TABLE 86 OTHER VERTICALS: NDIR MARKET, BY GAS TYPE, 2024–2029 (USD MILLION) 136
TABLE 87 OTHER VERTICALS: NDIR MARKET, BY REGION, 2020–2023 (USD MILLION) 136
TABLE 88 OTHER VERTICALS: NDIR MARKET, BY REGION, 2024–2029 (USD MILLION) 136
11 NDIR MARKET, BY REGION 137
11.1 INTRODUCTION 138
FIGURE 46 NDIR MARKET, BY REGION 138
FIGURE 47 ASIA PACIFIC MARKET TO RECORD HIGHEST CAGR FROM 2024 TO 2029 138
TABLE 89 NDIR MARKET: BY REGION, 2020–2023 (USD MILLION) 139
TABLE 90 NDIR MARKET: BY REGION, 2024–2029 (USD MILLION) 139
11.2 NORTH AMERICA 140
FIGURE 48 NORTH AMERICA: NDIR MARKET SNAPSHOT 140
TABLE 91 NORTH AMERICA: NDIR MARKET, BY VERTICAL, 2020–2023 (USD MILLION) 141
TABLE 92 NORTH AMERICA: NDIR MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 141
TABLE 93 NORTH AMERICA: NDIR MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 141
TABLE 94 NORTH AMERICA: NDIR MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 142
11.2.1 US 142
11.2.1.1 Increasing air pollution levels to drive demand 142
11.2.2 CANADA 142
11.2.2.1 Rising demand in automative sector to fuel market 142
11.2.3 MEXICO 143
11.2.3.1 Increasing industrialization to propel demand 143
11.2.4 NORTH AMERICA: IMPACT OF RECESSION 143
11.3 EUROPE 143
FIGURE 49 EUROPE: NDIR MARKET SNAPSHOT 144
TABLE 95 EUROPE: NDIR MARKET, BY VERTICAL, 2020–2023 (USD MILLION) 145
TABLE 96 EUROPE: NDIR MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 145
TABLE 97 EUROPE: NDIR MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 146
TABLE 98 EUROPE: NDIR MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 146
11.3.1 GERMANY 146
11.3.1.1 Flourishing automotive industry to drive market 146
11.3.2 UK 147
11.3.2.1 High infrastructural growth to boost demand 147
11.3.3 FRANCE 147
11.3.3.1 Strict government regulations to drive market 147
11.3.4 REST OF EUROPE 147
11.3.5 EUROPE: IMPACT OF RECESSION 148
11.4 ASIA PACIFIC 148
FIGURE 50 ASIA PACIFIC: NDIR MARKET SNAPSHOT 149
TABLE 99 ASIA PACIFIC: NDIR MARKET, BY VERTICAL, 2020–2023 (USD MILLION) 150
TABLE 100 ASIA PACIFIC: NDIR MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 150
TABLE 101 ASIA PACIFIC: NDIR MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 150
TABLE 102 ASIA PACIFIC: NDIR MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 151
11.4.1 CHINA 151
11.4.1.1 Increasing demand across industries to drive market 151
11.4.2 JAPAN 151
11.4.2.1 Wide adoption of sensors in automotive industry to fuel market 151
11.4.3 SOUTH KOREA 152
11.4.3.1 Automotive and consumer electronics industries to boost demand 152
11.4.4 REST OF ASIA PACIFIC 152
11.4.5 ASIA PACIFIC: IMPACT OF RECESSION 152
11.5 REST OF THE WORLD (ROW) 152
TABLE 103 ROW: NDIR MARKET, BY VERTICAL, 2020–2023 (USD MILLION) 153
TABLE 104 ROW: NDIR MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 153
TABLE 105 ROW: NDIR MARKET, BY REGION, 2020–2023 (USD MILLION) 154
TABLE 106 ROW: NDIR MARKET, BY REGION, 2024–2029 (USD MILLION) 154
11.5.1 MIDDLE EAST & AFRICA 154
11.5.1.1 Rising demand for HVAC systems to drive market 154
11.5.2 SOUTH AMERICA 155
11.5.2.1 Growing use of gas sensors across industries to boost demand 155
11.5.3 ROW: IMPACT OF RECESSION 155
12 COMPETITIVE LANDSCAPE 156
12.1 OVERVIEW 156
12.2 STRATEGIES ADOPTED BY KEY PLAYERS/RIGHT TO WIN, 2020–2023 156
TABLE 107 OVERVIEW OF STRATEGIES DEPLOYED BY KEY NDIR MANUFACTURERS, 2020–2023 156
12.3 REVENUE ANALYSIS OF KEY PLAYERS IN NDIR MARKET, 2020–2023 158
FIGURE 51 FIVE-YEAR REVENUE ANALYSIS OF KEY PLAYERS IN NDIR MARKET 158
12.4 MARKET SHARE ANALYSIS, 2023 158
TABLE 108 NDIR MARKET: DEGREE OF COMPETITION, 2023 158
FIGURE 52 MARKET SHARE ANALYSIS 159
12.5 COMPANY VALUATION AND FINANCIAL METRICS 160
FIGURE 53 COMPANY VALUATION, 2022 (USD BILLION) 160
FIGURE 54 FINANCIAL METRICS (EV/EBITDA), 2023 161
12.6 BRAND COMPARISON 161
FIGURE 55 BRAND/PRODUCT COMPARISON 161
12.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 162
12.7.1 STARS 162
12.7.2 EMERGING LEADERS 162
12.7.3 PERVASIVE PLAYERS 162
12.7.4 PARTICIPANTS 162
FIGURE 56 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 163
12.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023 164
12.7.5.1 Company footprint 164
FIGURE 57 KEY PLAYERS: OVERALL FOOTPRINT 164
12.7.5.2 Region footprint 165
TABLE 109 KEY PLAYERS: REGION FOOTPRINT 165
12.7.5.3 Vertical footprint 166
TABLE 110 KEY PLAYERS: VERTICAL FOOTPRINT 166
12.7.5.4 Gas type footprint 167
TABLE 111 KEY PLAYERS: GAS TYPE FOOTPRINT 167
12.7.5.5 Application footprint 168
TABLE 112 KEY PLAYERS: APPLICATION FOOTPRINT 168
12.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023 169
12.8.1 PROGRESSIVE COMPANIES 169
12.8.2 RESPONSIVE COMPANIES 169
12.8.3 DYNAMIC COMPANIES 169
12.8.4 STARTING BLOCKS 169
FIGURE 58 COMPANY EVALUATION MATRIX: SMES/STARTUPS, 2023 170
12.8.5 COMPETITIVE BENCHMARKING: KEY STARTUPS/SMES, 2023 171
12.8.5.1 Key startups/SMEs 171
TABLE 113 NDIR MARKET:KEY STARTUPS/SMES 171
12.8.5.2 Competitive benchmarking of key startups/SMEs 171
TABLE 114 NDIR MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES 171
12.9 COMPETITIVE SCENARIO AND TRENDS 172
12.9.1 PRODUCT LAUNCHES 172
TABLE 115 NDIR MARKET: PRODUCT LAUNCHES, FEBUARY 2021−APRIL 2024 172
12.9.2 DEALS 174
TABLE 116 NDIR MARKET: DEALS, FEBRUARY 2021–APRIL 2024 174
13 COMPANY PROFILES 176
(Business Overview, Products Offered, Recent Developments, MnM View Right to win, Strategic choices made, Weaknesses and competitive threats) *
13.1 KEY PLAYERS 176
13.1.1 AMPHENOL CORPORATION 176
TABLE 117 AMPHENOL CORPORATION: COMPANY OVERVIEW 177
FIGURE 59 AMPHENOL CORPORATION: COMPANY SNAPSHOT 177
TABLE 118 AMPHENOL CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 178
TABLE 119 AMPHENOL CORPORATION: DEALS 179
13.1.2 HONEYWELL INTERNATIONAL INC. 181
TABLE 120 HONEYWELL INTERNATIONAL INC.: COMPANY OVERVIEW 181
FIGURE 60 HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT 182
TABLE 121 HONEYWELL INTERNATIONAL INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 182
TABLE 122 HONEYWELL INTERNATIONAL INC.: PRODUCT LAUNCHES 184
TABLE 123 HONEYWELL INTERNATIONAL INC.: DEALS 184
13.1.3 YOKOGAWA ELECTRIC CORPORATION 186
TABLE 124 YOKOGAWA ELECTRIC CORPORATION: COMPANY OVERVIEW 186
FIGURE 61 YOKOGAWA ELECTRIC CORPORATION: COMPANY SNAPSHOT 187
TABLE 125 YOKOGAWA ELECTRIC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 187
TABLE 126 YOKOGAWA ELECTRIC CORPORATION: PRODUCT LAUNCHES 188
TABLE 127 YOKOGAWA ELECTRIC CORPORATION: DEALS 189
13.1.4 EMERSON ELECTRIC CO. 190
TABLE 128 EMERSON ELECTRIC CO.: COMPANY OVERVIEW 190
FIGURE 62 EMERSON ELECTRIC CO.: COMPANY SNAPSHOT 191
TABLE 129 EMERSON ELECTRIC CO.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 192
TABLE 130 EMERSON ELECTRIC CO.: PRODUCT LAUNCHES 192
13.1.5 SENSEAIR – AN ASAHI KASEI GROUP COMPANY 194
TABLE 131 SENSAIR – AN ASAHI KASEI GROUP COMPANY: COMPANY OVERVIEW 194
TABLE 132 SENSEAIR – AN ASAHI KASEI GROUP COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED 195
TABLE 133 SENSEAIR – AN ASAHI KASEI GROUP COMPANY: PRODUCT LAUNCHES 195
13.1.6 FUJI ELECTRIC CO., LTD. 197
TABLE 134 FUJI ELECTRIC CO., LTD.: COMPANY OVERVIEW 197
FIGURE 63 FUJI ELECTRIC CO., LTD.: COMPANY SNAPSHOT 198
TABLE 135 FUJI ELECTRIC CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 198
13.1.7 MSA 199
TABLE 136 MSA: COMPANY OVERVIEW 199
FIGURE 64 MSA: COMPANY SNAPSHOT 200
TABLE 137 MSA: PRODUCTS/SOLUTIONS/SERVICES OFFERED 200
TABLE 138 MSA: PRODUCT LAUNCHES 201
13.1.8 S+S REGELTECHNIK 202
TABLE 139 S+S REGELTECHNIK: COMPANY OVERVIEW 202
TABLE 140 S+S REGELTECHNIK: PRODUCTS/SOLUTIONS/SERVICES OFFERED 203
TABLE 141 S+S REGELTECHNIK: DEALS 204
13.1.9 ELT SENSOR 205
TABLE 142 ELT SENSOR: COMPANY OVERVIEW 205
TABLE 143 ELT SENSOR: PRODUCTS/SOLUTIONS/SERVICES OFFERED 205
13.1.10 WINSEN 207
TABLE 144 WINSEN: COMPANY OVERVIEW 207
TABLE 145 WINSEN: PRODUCTS/SOLUTIONS/SERVICES OFFERED 207
TABLE 146 WINSEN: PRODUCT LAUNCHES 209
13.2 OTHER PLAYERS 210
13.2.1 PROCESS SENSING TECHNOLOGIES 210
13.2.2 FIGARO ENGINEERING INC. 211
13.2.3 N.E.T. SRL – P.IVA. 212
13.2.4 SMARTGAS MIKROSENSORIK 213
13.2.5 SIA MIPEX 214
13.2.6 CUBIC SENSOR AND INSTRUMENT CO., LTD. 215
13.2.7 SHENZHEN MINDRAY BIO-MEDICAL ELECTRONICS 216
13.2.8 SENSIRION AG 217
13.2.9 M-U-T GMBH 218
13.2.10 DRAGERWERK AG & CO. KGAA 219
13.2.11 EDINBURGH INSTRUMENTS LTD. 220
13.2.12 ELICHENS 221
13.2.13 ALPHASENSE 222
13.2.14 ANALOX GROUP 223
13.2.15 GSS 224
*Details on Business Overview, Products Offered, Recent Developments, MnM View, Right to win, Strategic choices made, Weaknesses and competitive threats might not be captured in case of unlisted companies.
14 APPENDIX 225
14.1 INSIGHTS OF INDUSTRY EXPERTS 225
14.2 DISCUSSION GUIDE 226
14.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 229
14.4 CUSTOMIZATION OPTIONS 231
14.5 RELATED REPORTS 231
14.6 AUTHOR DETAILS 232
Table of Contents