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Non-Dispersive Infrared (NDIR) Global Market Report 2025: Surging Market Growth Driven by Technological Advancements and Tightening Environmental Regulations
Non-Dispersive Infrared (NDIR) Global Market Report
Impressive Market Growth Owing to Technological Innovations and Heightened Global Focus on Reducing Greenhouse Emissions
What Is The Projected Market Size Of The Non-Dispersive Infrared (NDIR) Global Market Report 2025 And Its Growth Rate?
The Non-Dispersive Infrared (NDIR) market has been witnessing robust growth:
• By 2025, the market size is projected to be $0.5 billion, growing from $0.46 billion in 2024 at a compound annual growth rate (CAGR) of 8.6%.
• Furthermore, by 2029, the NDIR market size is expected to reach $0.71 billion, growing at a CAGR of 9.2%.
This growth can largely be attributed to key factors such as miniaturization, cost reduction, rising environmental regulations, energy efficiency, industrial safety, and healthcare applications.
What Is Driving The Growth In The Non-Dispersive Infrared (NDIR) Global Market Report 2025?
The expansion of the global Non-Dispersive Infrared (NDIR) market is primarily fueled by the pressing need for efficient wastewater treatment. With wastewater treatment, harmful contaminants are removed from wastewater or sewage, thereby converting it into an effluent that can be reintegrated into the water supply with minimal environmental impact. Real-time monitoring of nitrate, nitrite, and ammonia levels at municipal wastewater treatment plants and onsite wastewater treatment systems is facilitated with the help of Non-Dispersive Infrared sensors. In light of the unsettling fact that in 2022, 42% of all household wastewater was not safely treated before being discharged into the environment as per the UN-Water, United Nations' interagency mechanism, there is an urgent need for improved water quality. Additionally, the goal to halve untreated wastewater and further recycling and safe reuse by 2030 also spurs the Non-Dispersive Infrared (NDIR) market.
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Who Are the Key Players Driving Non-Dispersive Infrared (NDIR) Global Market Report 2025 Growth?
Key players actively contributing to the growth of the Non-Dispersive Infrared (NDIR) market include:
• Acuity Brands Inc.
• Syska LED Lights Pvt. Ltd.
• Eaton Corporation plc
• Hubbell Incorporated
• Legrand Group
• OSRAM Licht AG
• Signify Holding
• Schneider Electric SE
• Zumtobel Group AG
• Daisalux S.A.U., and more.
What Are The Key Trends In The Non-Dispersive Infrared (NDIR) Global Market Report 2025?
Key trends impacting the Non-Dispersive Infrared (NDIR) market include:
• Greenhouse gas monitoring
• Smart agriculture
• Application of artificial intelligence (AI) and machine learning
• Adoption of sustainable practices
What Are The Segments Of The Non-Dispersive Infrared (NDIR) Global Market Report 2025?
The global Non-Dispersive Infrared (NDIR) market report 2025 is segmented by:
1) Gas Type: Carbon Dioxide, Hydrocarbons, Carbon Monoxide, Other Gas Type
2) Application: HVAC, Monitoring, Detection And Analysis
3) End User: Automotive And Transportation, Chemicals, Oil And Gas, Medical, Industrial And Manufacturing, Environmental, Food Processing And Storage, Other End-Users
Which Region Leads The Non-Dispersive Infrared (NDIR) Global Market Report 2025?
In 2024, Asia-Pacific emerged as the largest region in the Non-Dispersive Infrared (NDIR) market, followed closely by North America. The report covers multiple regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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What Is Covered In The Non-Dispersive Infrared (NDIR) Global Market Report 2025 Global Market Report?
• Market Size Analysis: Analyze the Non-Dispersive Infrared (NDIR) Global Market Report 2025 size by key regions, countries, product types, and applications.
• Market Segmentation Analysis: Identify various subsegments within the Non-Dispersive Infrared (NDIR) Global Market Report 2025 for effective categorization.
• Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
• Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
• Market Contribution: Evaluate contributions of different segments to the overall Non-Dispersive Infrared (NDIR) Global Market Report 2025 growth.
• Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
• Industry Challenges: Analyze challenges and risks affecting the Non-Dispersive Infrared (NDIR) Global Market Report 2025.
• Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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