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Global Advanced NDIR Sensors Market Growth 2024-2030

Global Advanced NDIR Sensors Market Growth 2024-2030

Product Code:1076299

Published Date: Oct 02,2024

Pages: 164

Region: Global

Category: Electronics & Semiconductor

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NDIR gas sensors use the infrared absorption properties of gas molecules (e.g., CO2) to calculate their concentration. Therefore, the NDIR gas sensor is equipped with an infrared light source that emits infrared rays and an infrared sensor that detects infrared rays. The infrared light is directed at the gas in the measuring tube and part of the light is absorbed by the gas molecules to be measured. Subsequently, the rest of the infrared light hits the filter and reaches the infrared detector. Ideally, only the gas to be measured absorbs light of the corresponding wavelength. However, since the gas mixture contains a variety of gases, the absorption regions may overlap, thus enhancing cross sensitivity. The interference part must either be tested for compensation (to avoid false measurements) or avoided by clever selection of spectral ranges. With the NDIR sensor, more than 100 different gases can be detected from ppm to percentage. In many applications, this is the preferred method because the measurement method is non-contact and non-consuming.

The global Advanced NDIR Sensors market size is projected to grow from US$ 905 million in 2024 to US$ 1420 million in 2030; it is expected to grow at a CAGR of 7.8% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Advanced NDIR Sensors Industry Forecast” looks at past sales and reviews total world Advanced NDIR Sensors sales in 2023, providing a comprehensive analysis by region and market sector of projected Advanced NDIR Sensors sales for 2024 through 2030. With Advanced NDIR Sensors sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Advanced NDIR Sensors industry.

This Insight Report provides a comprehensive analysis of the global Advanced NDIR Sensors landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Advanced NDIR Sensors portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Advanced NDIR Sensors market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Advanced NDIR Sensors and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Advanced NDIR Sensors.

R1: NDIR sensor products are mainly used in environmental monitoring, industrial safety, medical equipment, residential and commercial safety, power industry, scientific research and other fields. Although the industry is developing well at present, if the enterprise cannot carry out technological research and development upgrades in a timely manner, effectively expand the market, and grasp the opportunities for industry development, it will affect the market influence and operating performance of the enterprise to a certain extent. There is a risk that the company's technology and sales will lag behind due to the rapid development of industry technology.

R2: The core technology and core technicians of an enterprise are an important part of the company's core competitiveness. If the research and development results of the enterprise are compromised or infringed, it will have a negative impact on the production and operation of the enterprise. If the core technicians leave the company or privately disclose the company's technical secrets, it may still have a certain impact on the company.

R3: The market is highly fragmented and competition among enterprises is fierce. If the enterprise cannot further enhance production, R&D and sales capabilities, improve the company's management level and adjust the strategic layout in a timely manner, the business and profitability will be affected to a certain extent.

This report presents a comprehensive overview, market shares, and growth opportunities of Advanced NDIR Sensors market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
    NDIR CO2 Sensors
    NDIR Methane (CH4) Gas Sensors
    NDIR CO Sensors
    NDIR Propane Gas Sensors
    NDIR Refrigerant Gases Sensors
    NDIR Ethylene Gases Sensors
    NDIR SF6 Infrared Sensors
    Others

Segmentation by Application:
    Industrial Safety
    Environmental Protection Industry
    Medical Industry
    Residential and Commercial Security
    Power Industry
    Automobile Industry
    Research Institutions
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
    Amphenol Advanced Sensors
    Senseair (Asahi Kasei Microdevices)
    Murata
    Sensirion
    MKS Instruments
    Vaisala
    Teledyne API
    Honeywell
    ELT SENSOR
    E+E
    Dwyer Instruments
    Trane
    Micro-Hybrid
    Edinburgh Instruments
    Alphasense
    Cubic Sensor and Instrument
    Nano Environmental Technology (N.E.T.)
    Super Systems
    ORIENTAL SYSTEM TECHNOLOGY
    smartGAS Mikrosensorik
    SST Sensing
    Winsen
    Suzhou Promisense

Key Questions Addressed in this Report
What is the 10-year outlook for the global Advanced NDIR Sensors market?
What factors are driving Advanced NDIR Sensors market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Advanced NDIR Sensors market opportunities vary by end market size?
How does Advanced NDIR Sensors break out by Type, by Application?