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Non-Dispersive Infrared (NDIR) Market Research 2023 - Industry Analysis, Size, Share, Future Trends, Growth Opportunities And Forecast 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Non-Dispersive Infrared NDIR Global Market Report 2023 identifies increasing need for wastewater treatment as the major driver for the Non-Dispersive Infrared NDIR market's growth in the forecast period. The process of eliminating contaminants from wastewater or sewage and converting them to effluent that may be fed to the water supply with little environmental impact is known as wastewater treatment. The non-dispersive infrared sensor is used to track nitrate, nitrite, and ammonia levels in municipal wastewater treatment plants and onsite wastewater treatment systems in real time.
The global non-dispersive infrared (ndir) market size grew from $0.39 billion in 2022 to $0.43 billion in 2023 at a compound annual growth rate (CAGR) of 11.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The non-dispersive infrared (ndir) market size is expected to grow to $0.62 billion in 2027 at a CAGR of 9.4%.
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Major competitors in the Non-Dispersive Infrared NDIR market are Amphenol, Honeywell International Inc., Senseair AB, Dynament, Mipex Technology, Gas Sensing Solutions Ltd.
A key trend in the Non-Dispersive Infrared NDIR market includes growing technological advancements. Major companies operating in the non-dispersive infrared (NDIR) sector are focused on developing technological solutions for non-dispersive infrared (NDIR). For instance, in April 2020, a UK-based company that designs and manufactures fast low power and tough CO2 sensors launched ultra-high-speed CO2 sensor SprintIR-R. The SprintIR-R sensor helps the consumer to accurately calculate CO2 levels in real-time. This capability allows designers to incorporate CO2 measurement capabilities into new generations of equipment; healthcare professionals can track CO2 levels in patients' breath in real-time while using respiratory machines, and food packaging manufacturers can measure CO2 levels on a manufacturing line where the gas is used.
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The Non-Dispersive Infrared NDIR market is segmented -
• By Gas Type: Carbon Dioxide, Hydrocarbons, Carbon Monoxide, Other Gas Type
• By Application: HVAC, Monitoring, Detection And Analysis
• By End User: Automotive And Transportation, Chemicals, Oil And Gas, Medical, Industrial And Manufacturing, Environmental, Food Processing And Storage, Other End-Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Non-Dispersive Infrared NDIR market.
The Business Research Company's "Global Non-Dispersive Infrared NDIR Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Non-Dispersive Infrared NDIR Market Include:
1. Executive Summary
2. Non-Dispersive Infrared (NDIR) Market Characteristics
3. Non-Dispersive Infrared (NDIR) Market Trends And Strategies
4. Non-Dispersive Infrared (NDIR) Market - Macro Economic Scenario
5. Non-Dispersive Infrared (NDIR) Market Size And Growth
…………………………………….
26. Africa Non-Dispersive Infrared (NDIR) Market
27. Non-Dispersive Infrared (NDIR) Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Non-Dispersive Infrared (NDIR) Market
29. Non-Dispersive Infrared (NDIR) Market Future Outlook and Potential Analysis
30. Appendix
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