MARKET INTRODUCTION
Non-dispersive infrared (NDIR) detectors are used to detect gas and measure the concentration of carbon oxides in a sample, for example, CO, CO2, and others. Each gas present in a sample will absorb infrared at a particular frequency. By projecting an infrared beam on a sample cell and measuring the amount of infrared absorbed by it, a NDIR detector will measure the concentration of different gases in the sample.
MARKET DYNAMICS
The non-dispersive infrared (NDIR) market is expected to witness significant growth opportunities during the forecast period, mainly due to the rising demand for NDIR in the medical industry. NDIR detectors are used for detecting poisonous gases which may cause serious health problems. Also, it is used in lung function diagnostics for determining the performance of the lungs, particularly in competitive athletes. In addition, these detectors are used for detecting the composition of the anaesthetic gas mixture in the operating rooms.
In addition, the demand for NDIR sensors is increasing in the mining industry. Blast explosions are one of the major risks in mining. Various harmful gases are released during the explosion process. To ensure the safety of miners, the timely detection of harmful gases is crucial. NDIR detectors help to detect even the smallest concentrations of these gases. Thus, the demand for NDIR detectors is increasing in the mining sector for monitoring workplaces fueling the market growth.
MARKET SCOPE
The "Global Non-Dispersive Infrared (NDIR) Market Analysis to 2028" is a specialized and in-depth study of the non-dispersive infrared (NDIR) market with a special focus on the global market trend analysis. The report aims to provide an overview of the market with a detailed segmentation on the basis of gas type, application, and industry. The market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading NDIR market player and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global non-dispersive infrared (NDIR) market is segmented on the basis of gas type, application, and industry. Based on gas type, the market is segmented into carbon dioxide, hydrocarbons, refrigerant gases, sulphur hexafluoride, and others. Based on application, the market is segmented into HVAC, monitoring, detection and analysis, and others. Based on industry, the market is segmented into automotive and transportation, chemicals, oil and gas, medical, food processing, and others.
REGIONAL FRAMEWORK
The report provides a detailed industry overview, including qualitative and quantitative information. It also provides current market size and estimates between 2019 and 2028 concerning 5 major regions: North America, Europe, Asia Pacific (APAC), the Middle East and Africa (MEA), and South America. Each regional market is later sub-segmented by respective countries and segments. The report covers an analysis and forecast of 18 countries globally along with current trends and opportunities prevailing in the region.
From the regional perspective, Asi Pacific dominates the non-dispersive infrared (NDIR) market with the highest CAGR. The regional market's dominance is majorly due to the presence of a large number of market players in the region, which are continuously working on providing advanced NDIR sensors for use in different applications. Also, the demand for NDIR in APAC is increasing in various sectors such as automotive, industrial, chemical, medical, and food processing which is further boosting the growth of the non-dispersive infrared (NDIR) market.
The report analyses factors influencing theĀ non-dispersive infrared (NDIR) market from both the demand and supply side and further evaluates market dynamics during the forecast period. The report also provides an exhaustive Porter's five forces analysis, highlighting the factors affecting the non-dispersive infrared (NDIR) market in these regions.
IMPACT OF COVID-19 PANDEMIC
COVID-19 has negatively impacted the non-dispersive infrared (NDIR) market. The pandemic has drastically affected the manufacturing sector due to the strict regulation imposed on transportation globally. The transportation restriction led to a disruption in the supply chain as most of the raw materials were supplied from the APAC countries such as China and Taiwan. Also, as all the activities in automotive, oil & gas, and other industries were stopped, the demand for NDIR was affected during the pandemic period.
However, post-lockdown, all the industries started working the demand for NDIR is also increasing. Thus, the rising demand for automobiles will fuel the growth of the non-dispersive infrared (NDIR) market in the forecasted period.
MARKET PLAYERS
The report covers key developments in the non-dispersive infrared (NDIR) market. Various companies are focusing on organic growth strategies, such as product launches, product approvals, and patents and events. In addition, acquisitions and partnerships & collaborations are among the inorganic growth strategies witnessed in the market. These activities have paved way for the expansion of business and customer base of market players. The players operating in the non-dispersive infrared (NDIR) market are anticipated to experience lucrative growth opportunities in the future owing to the growing workers safety in various industries.
The report also includes the profiles of key non-dispersive infrared (NDIR) market companies, along with their SWOT analysis and market strategies. In addition, it focuses on leading industry players with information, such as company profiles, components and services offered, financial information of last 3 years, and key developments in past five years.
- Amphenol Advanced Sensors
- Cambustion Ltd
- Dynament
- Fuji Electric Co. Ltd
- Honeywell International Inc.
- HORIBA
- N.E.T. SRL
- TechStar
- Yokogawa
- Zhengzhou Winsen Electronics
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.