Non-dispersive Infrared (NDIR) Market

Non-dispersive Infrared (NDIR) Market with COVID-19 Impact Analysis by Gas Type (Carbon dioxide, hydrocarbons), Application (Monitoring, HVAC, Detection and Analysis), Vertical (Industrial & Manufacturing, Oil & Gas), and Region - Global Forecast to 2025

Report Code: SE 7772 Oct, 2020, by marketsandmarkets.com

[194 Pages Report] The NDIR market size is projected to reach USD 535 million by 2025 from an estimated USD 379 million in 2020, at a CAGR of 7.2% from 2020 to 2025. Increasing demand for NDIR CO2 sensors in the food processing & storage industry and the need to contain methane leakage in oil & gas industry are among the factors driving the growth of the NDIR market.

Non-dispersive Infrared (NDIR) Market

To know about the assumptions considered for the study, Request for Free Sample Report

COVID-19 Impact on the Global NDIR Market

The outbreak and the spread of COVID-19 have significantly impacted players operating in the NDIR value chain. The increased global demand for automotive is one of the key factors fueling the growth of the NDIR market. However, as the sales of automotive have decreased significantly worldwide owing to lockdowns imposed by different governments to contain the spread of the COVID-19, it has impacted the growth of the NDIR market. Moreover, these lockdowns have also impacted the GDP of countries and the per capita income of individuals across the world. The low disposable income has resulted in reduced purchasing power of masses, thereby resulting in a decline in the y-o-y growth for the whole market.

Market Dynamics:

Driver: Increasing demand for NDIR CO2 sensors in the food processing & storage industry

Carbon dioxide (CO2) gas plays an important role in the food processing & storage industry. Food items such as fruits, vegetables, meat, and fish are packed and transported to supermarkets and hypermarkets worldwide. The packaging of such items is required to be effective enough to ensure that they remain fresh and unspoiled till consumed by the end-user. Modified atmospheric packaging (MAP) is a technique that helps improve the shelf life of fresh or minimally processed foods.

MAP involves modifying the composition of the internal atmosphere of food packages to decelerate the natural deterioration of the food product. Carbon dioxide, oxygen, and nitrogen are the three most significant gases found in modified atmosphere packaging and storage. In MAP, CO2 gas, along with oxygen of a lower concentration is used to inhibit the growth of microorganisms responsible for spoiling food items by lowering their pH levels. Proper CO2 levels help extend the shelf life of fruits and vegetables and improve the quality of storage; however, excessive CO2 concentration in the packaging of food items can lead to spoilage. Nitrogen gas is used to control humidity in the case of dried foods, thus maintaining their quality and increasing their shelf life. The ideal gas ratio for MAP for fruits and vegetables is nitrogen-90%, carbon dioxide-5%, and oxygen-5%; for fresh meat the gas mixture needs to comprise 70% oxygen and 30% carbon dioxide. Thus, to avoid spoilage of food and reduce food wastage, real-time monitoring and controlling of CO2 concentration is essential. This has led to an increased demand for low cost and reliable CO2 sensors in the food processing & storage industry.

NDIR CO2 sensors are widely used for real-time monitoring of carbon dioxide concentration in MAP due to their high accuracy, fast response, low cost, stable operation, and longer life. These sensors permit a longer transport time, minimize food wastages, and reduce other costs. Edinburgh Sensors (UK), Cubic Sensor and Instrument Co., Ltd. (China), and smartGAS Mikrosensorik GmbH (Germany) are among the leading manufacturers of highly sensitive and micro-sized CO2 sensors for the food processing & storage industry.

Restraint: Intense pricing pressure resulting in decreased average selling price (ASP)

While the widespread application of NDIR sensors in automobiles, HVAC systems, air quality monitoring systems, and anesthesia systems leads to increased shipments of these sensors, the sales growth is significantly restrained by price erosion. This is partially a result of the intense competition among the rising number of sensor manufacturers. Several companies are channeling their research & development activities toward providing cost-effective NDIR sensor solutions that use MEMS technology and developing IoT compatible sensors. This results in pricing pressure, especially for applications where NDIR sensors are used in high-volume. Consequently, manufacturers are compelled to decrease the potential price of NDIR sensors. While the reduction in ASP is beneficial for consumers, it results in shrinking profit margins for suppliers. Thus, intense pricing pressure results in a fall in the average selling price (ASP), which hampers revenue growth in the highly competitive NDIR market.

Opportunity: Rise in demand for NDIR sensors in the medical industry

While patient safety is of utmost importance in the medical industry, the safety of healthcare workers in hospitals is also a priority. These workers are exposed to serious safety and health hazards, including waste anesthetic gas (WAG) exposures, bloodborne pathogens, biological hazards, respiratory hazards, potential chemical and drug exposures, laser hazards, and hazards associated with laboratories. Potential chemical exposures include formaldehyde, used for preservation of specimens for pathology; ethylene oxide, glutaraldehyde, and paracetic acid used for sterilization; and various other chemicals used in healthcare laboratories. WAGs are extremely hazardous as they have severe health effects such as cancers, decrease in arterial blood pressure, cerebral metabolic demand, headaches, drowsiness, difficulties with judgment and co-ordination, increase in cerebral blood flow, reproductive problems in women, and developmental defects in their offspring.

According to OSHA, the medical industry has one of the highest rates of work-related injuries and illnesses. In 2018, the number of illnesses recorded in the healthcare sector was 32.7 thousand. NDIR sensors help in accurate real-time detection of WAGs and other hazardous, gases such as carbon dioxide, carbon monoxide, ethylene oxide, and refrigerants. These sensors are integrated in HVAC systems, gas analyzers, anesthesia systems, gas detectors, gas monitors, air purifiers, patient monitoring systems, and respiration monitoring systems. The sensors help to reduce the toxic concentration in hospital environments, thus safeguarding the health of workers. Increased demand for such sensors from the medical industry is expected to propel the growth of the NDIR market in future.

Challenge: Need for high product differentiation and innovation to meet unique end-user requirements

Traditionally, broad beam IR sources were used in NDIR sensors. However, such NDIR sensors were expensive and bulky, and were eventually replaced by sensors with LED IR sources. This reduced not only the size of the sensor but also the cost, resulting in increased competition among NDIR sensor providers. Players in the NDIR market recognized the need to differentiate their products from competitors through innovative and customized NDIR solutions that could detect gases other than CO, CO2, acetylene, SF6, etc. IoT compatible NDIR sensors are the latest trend in the NDIR market, and some manufacturers are adding them to their product portfolios in a bid to meet changing customer requirements.

By gas type, carbon dioxide held the largest market share in 2019

In 2019, carbon dioxide held the largest share of the NDIR market and is expected to continue to account for the largest share over the forecast period. The growth of the segment can be attributed to the rising demand for NDIR CO2 sensors and modules from industrial & manufacturing, automotive & transportation, environmental, food processing & storage, agriculture, greenhouse, mining, medical, and oil & gas sectors. The automotive & transportation industry is among the major consumers of NDIR CO2 sensors and modules; they are used in automobiles for cabin air quality monitoring, CO2 content in the vehicle exhaust, and refrigerant monitoring.

Monitoring application is projected to register the highest CAGR from 2020 to 2025

The NDIR market for monitoring applications is projected to grow at the highest CAGR during the forecast period. The growth can be attributed to the rising demand for robust, reliable, and non-contact gas monitoring and detection in harsh environments NDIR sensors and modules in the automotive & transportation, chemical, industrial & manufacturing, medical, environmental, and food processing & storage industries. In the automotive & transportation industry, NDIR CO2 sensors are used to monitor the CO2 level inside the vehicle to avoid the suffocation of the driver and passengers.

Industrial & manufacturing segment lead NDIR market in 2019

In 2019, the industrial & manufacturing segment lead the NDIR market. The growing need to ensure the safety of workers, environment, and business infrastructure has led to the increased use of NDIR sensors in the industrial & manufacturing sector. Safety-related mandates in regions such as North America and Europe are also acting as drivers for the adoption of NDIR in the industrial & manufacturing sector.

Non-dispersive Infrared (NDIR) Market  by Region

To know about the assumptions considered for the study, download the pdf brochure

APAC to lead NDIR market during the forecast period

APAC held the largest share of the NDIR market and is expected to continue the upward growth trend during the forecast period. The region is also projected to record the highest CAGR from 2020 to 2025. Growing demand for NDIR sensors in the industrial & manufacturing, medical, automotive & transportation, environmental, and food processing & storage sectors is driving the growth of the market in APAC. The rising number of small and medium-sized enterprises (SMEs) and increasing investments by these companies to develop IoT-based NDIR sensors for varied applications are driving the growth of the NDIR market. China, Japan, India, and South Korea are among the top 20 countries in terms of automotive production worldwide; thus, this region presents huge growth opportunities for the NDIR market.

Key Market Players

Amphenol (US), Honeywell International Inc. (US), Senseair AB (Sweden), S+S Regeltechnik GmbH (Italy), Dynament (UK), MIPEX TECHNOLOGY (Russia), Gas Sensing Solutions (UK), Nano Environmental Technology S.r.l. (N.E.T.) (Italy), Zhengzhou Winsen Electronics Technology Co., Ltd. (China), and ELT Sensor Corp. (Korea) are some of the key players in the NDIR market.

Scope of the Report

Report Metric

Detail

Market Size Availability for Years

2017–2025

Base Year

2019

Forecast Period

2020–2025

Forecast Units

Value (USD)

Segments Covered

By gas type, application, and vertical

Geographies Covered

North America, Europe, APAC, and RoW

Companies Covered

Amphenol (US), Honeywell International Inc. (US), Senseair AB (Sweden), S+S Regeltechnik GmbH (Italy), Dynament (UK), MIPEX TECHNOLOGY (Russia), Gas Sensing Solutions (UK), Nano Environmental Technology S.r.l. (N.E.T.) (Italy), Zhengzhou Winsen Electronics Technology Co., Ltd. (China), and ELT Sensor Corp. (Korea)are among others.
A total of 25 players are covered.

This research report categorizes the NDIR market based on gas type, application, vertical, and region

Based on gas type:

  • Carbon dioxide
  • Hydrocarbons
  • Refrigerant gases
  • Sulfur hexafluoride
  • Carbon monoxide
  • Ethylene
  • Anesthetic gases
  • Acetylene

Based on application:

  • HVAC
  • Monitoring
    • Air quality monitoring
    • Anesthesia monitoring
    • Capnography
    • Refrigerant monitoring
    • Fruit ripening monitoring
  • Detection and analysis
    • Hazardous gas detection
    • Flame detection
    • Alcohol detection
    • Blood gas analysis

Based on vertical

  • Automotive & Transportation
  • Chemicals
  • Oil & Gas
  • Medical
  • Industrial & Manufacturing
  • Environmental
  • Food processing & Storage
  • Others (greenhouse, agriculture, and mining)

Based on region:

  • North America
  • Europe
  • APAC
  • RoW

Recent Developments

  • In June 2020, Sensirion AG established a production site in Debrecen, Hungary to expand its production capabilities, and address the increasing demand for the company’s existing and new sensors.
  • In April 2020, Gas Sensing Solutions launched an updated version of the ultra-high-speed CO₂ sensor, the SprintIR-R, which takes a reading every 20 milliseconds. The sensor enables user to monitor CO2 levels with high accuracy. It is integrated in respiratory machines to monitor CO2 levels in patients’ breath in real-time. The sensor is also used in production lines to measure CO2 levels in food packaging. With this launch the company targets newer application areas such as capnography and modified atmosphere packaging (MAP), where real-time CO2 monitoring is essential.
  • In September 2019, Edinburgh Sensors has developed the Gascard NG CO2 sensor capable of operating in the 0-100% CO2 range. The sensor was developed to reduce both the response time and quiescent noise in the field of modified atmosphere packaging (MAF).
  • In January 2019, Amphenol acquired SSI Controls Technologies—the sensor manufacturing division of SSI Technologies, Inc. SSI Control Technologies is a leading designer and manufacturer of sensors and sensing solutions for the global automotive and industrial markets. This acquisition will help Amphenol to expand its product portfolio in the sensors business.
  • In September 2018, Senseair AB partnered with the US state government through the Driver Alcohol Detection System for Safety Program (DADSS). The partnership intended to deploy in-vehicle alcohol detection sensors (ADS) that will determine when a driver is impaired with a blood alcohol concentration (BAC) at or above the legal limit of 0.08%. A NDIR-based small sensor analyzes the presence of alcohol (ethanol) in the breath molecules of the driver using infrared light.

Frequently Asked Questions (FAQ):

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 22)
    1.1 STUDY OBJECTIVES
    1.2 MARKET DEFINITION AND SCOPE
           1.2.1 INCLUSIONS AND EXCLUSIONS
    1.3 SCOPE
           FIGURE 1 NDIR MARKET SEGMENTATION
           1.3.1 YEARS CONSIDERED
    1.4 CURRENCY
    1.5 LIMITATIONS
    1.6 MARKET STAKEHOLDERS

2 RESEARCH METHODOLOGY (Page No. - 26)
    2.1 RESEARCH DATA
           FIGURE 2 NDIR MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 List of key secondary sources
                    2.1.1.2 Secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Primary sources
                    2.1.2.2 Key industry insights
                    2.1.2.3 Breakdown of primaries
    2.2 FACTOR ANALYSIS
           FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 BOTTOM-UP (SUPPLY SIDE): REVENUE GENERATED BY COMPANIES FROM SALES OF NDIR SENSORS AND MODULES
           FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 BOTTOM-UP (SUPPLY SIDE): ILLUSTRATIVE EXAMPLE OF COMPANY OPERATING IN NDIR MARKET
    2.3 MARKET SIZE ESTIMATION
           2.3.1 BOTTOM-UP APPROACH
                    2.3.1.1 Approach for capturing market size using bottom-up analysis (demand side)
                               FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
           2.3.2 TOP-DOWN APPROACH
                    2.3.2.1 Approach for capturing market share using top-down analysis (supply side)
                               FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
    2.4 MARKET BREAKDOWN AND DATA TRIANGULATION
           FIGURE 7 DATA TRIANGULATION
    2.5 RESEARCH ASSUMPTIONS

3 EXECUTIVE SUMMARY (Page No. - 37)
    FIGURE 8 CARBON DIOXIDE TO REGISTER HIGHEST CAGR FROM 2020 TO 2025
    FIGURE 9 MONITORING APPLICATION OF NDIR MARKET TO WITNESS HIGHEST GROWTH FROM 2020 TO 2025
    FIGURE 10 MEDICAL SEGMENT TO EXHIBIT HIGHEST CAGR IN NDIR MARKET FROM 2020 TO 2025
    FIGURE 11 APAC LIKELY TO ACCOUNT FOR LARGEST SHARE OF NDIR MARKET IN 2025

4 PREMIUM INSIGHTS (Page No. - 41)
    4.1 ATTRACTIVE GROWTH OPPORTUNITIES IN NDIR MARKET
           FIGURE 12 RISING NEED TO REDUCE ENVIRONMENTAL DAMAGE AND INCREASING DEMAND FOR AIR QUALITY AND PATIENT MONITORING DEVICES TO FUEL DEMAND FOR NDIR SENSORS IN COMING YEARS
    4.2 NDIR MARKET, BY GAS TYPE
           FIGURE 13 CARBON DIOXIDE TO CAPTURE LARGEST SHARE OF GLOBAL NDIR MARKET IN 2025
    4.3 NDIR MARKET, BY REGION
           FIGURE 14 APAC TO CAPTURE LARGEST SHARE OF GLOBAL NDIR MARKET IN 2025
    4.4 NDIR MARKET, BY APPLICATION AND VERTICAL
           FIGURE 15 MONITORING AND INDUSTRIAL & MANUFACTURING SEGMENTS TO ACCOUNT FOR LARGEST SHARE OF NDIR MARKET IN 2025

5 MARKET OVERVIEW (Page No. - 44)
    5.1 INTRODUCTION
    5.2 MARKET DYNAMICS
           FIGURE 16 NDIR MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
           5.2.1 DRIVERS
                    5.2.1.1 Need to contain methane leakage in oil & gas industry
                    5.2.1.2 Increasing demand for NDIR CO2 sensors in food processing & storage industry
                    5.2.1.3 Growing focus on worker safety across industries
                               FIGURE 17 NDIR MARKET: DRIVERS AND THEIR IMPACTS
           5.2.2 RESTRAINTS
                    5.2.2.1 Intense pricing pressure resulting in decreased average selling price (ASP)
                               FIGURE 18 NDIR MARKET: RESTRAINTS AND THEIR IMPACTS
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Rise in demand for NDIR sensors in medical industry
                    5.2.3.2 Development of advanced alcohol sensors to create opportunities in automotive & transportation industry
                               FIGURE 19 NDIR MARKET: OPPORTUNITIES AND THEIR IMPACTS
           5.2.4 CHALLENGES
                    5.2.4.1 Need for high product differentiation and innovation to meet unique end-user requirements
           5.2.5 COVID-19-DRIVEN CHALLENGES
                    5.2.5.1 Anticipated shortage of raw material to manufacture sensors, and supply chain disruption due to COVID-19
                               FIGURE 20 NDIR MARKET: CHALLENGES AND THEIR IMPACTS
    5.3 REVENUE SHIFT AND NEW REVENUE POCKETS FOR NDIR MARKET
           FIGURE 21 REVENUE SHIFT IN NDIR MARKET
    5.4 NDIR ECOSYSTEM
           FIGURE 22 NDIR ECOSYSTEM
    5.5 AVERAGE SELLING PRICE ANALYSIS
           TABLE 1 AVERAGE SELLING PRICE OF NDIR SENSORS AND SENSOR MODULES FROM 2018 TO 2019
    5.6 VALUE CHAIN ANALYSIS
           FIGURE 23 NDIR VALUE CHAIN
    5.7 GOVERNMENT REGULATIONS AND STANDARDS RELATED TO NDIR SENSORS
           5.7.1 REGULATIONS
           5.7.2 STANDARDS
    5.8 TECHNOLOGY TRENDS
           5.8.1 KEY TECHNOLOGIES
                    5.8.1.1 MEMS technology
           5.8.2 ADJACENT TECHNOLOGIES
                    5.8.2.1 Electrochemical technology
                    5.8.2.2 Metal-Oxide-Semiconductor (MOS) technology
                    5.8.2.3 Catalytic technology
    5.9 PATENT ANALYSIS
    5.10 CASE STUDY
           5.10.1 PORTABLE GAS ANALYZER FOR STORAGE CONTROL SYSTEMS LTD. (UK) BY GAS SENSING SOLUTIONS (US)
           5.10.2 LOW POWER NDIR CO2 SENSOR FOR MODIFIED ATMOSPHERE PACKAGING (MAF) BY EDINBURGH INSTRUMENTS LTD. (UK)

6 IMPACT OF COVID-19 ON NDIR MARKET (Page No. - 59)
    FIGURE 24 GLOBAL PROPAGATION OF COVID-19

7 DIFFERENT COMPONENTS OF NDIR SENSORS (Page No. - 61)
    7.1 INTRODUCTION
           FIGURE 25 STRUCTURE OF NDIR SENSOR
    7.2 IR SOURCES
    7.3 OPTICAL GAS CHAMBER
    7.4 OPTICAL FILTERS
           TABLE 2 GAS ABSORPTION WAVELENGTH
    7.5 IR DETECTORS
    7.6 ADVANTAGES AND LIMITATIONS OF NDIR SENSORS
           7.6.1 ADVANTAGES
           7.6.2 LIMITATIONS

8 NDIR MARKET, BY GAS TYPE (Page No. - 64)
    8.1 INTRODUCTION
           FIGURE 26 NDIR MARKET, BY GAS TYPE
           TABLE 3 NDIR MARKET, 2017–2019 (USD MILLION)
           TABLE 4 NDIR MARKET, 2020–2025 (USD MILLION)
           TABLE 5 NDIR MARKET, 2017–2019 (MILLION UNITS)
           TABLE 6 NDIR MARKET, 2020–2025 (MILLION UNITS)
           FIGURE 27 CARBON DIOXIDE TO REGISTER HIGHEST CAGR IN NDIR MARKET DURING FORECAST PERIOD
           TABLE 7 NDIR MARKET, BY GAS TYPE, 2017–2019 (USD MILLION)
           TABLE 8 NDIR MARKET, BY GAS TYPE, 2020–2025 (USD MILLION)
    8.2 CARBON DIOXIDE (CO2)
           8.2.1 CARBON DIOXIDE HELD LARGEST SHARE OF NDIR MARKET IN 2019
                    TABLE 9 NDIR MARKET FOR CARBON DIOXIDE, BY VERTICAL, 2017–2019 (USD MILLION)
                    TABLE 10 NDIR MARKET FOR CARBON DIOXIDE, BY VERTICAL, 2020–2025 (USD MILLION)
    8.3 HYDROCARBONS
           8.3.1 ADVERSE HEALTH EFFECTS OF HYDROCARBONS INCREASE DEMAND FOR HIGH ACCURACY MONITORING DEVICES
                    TABLE 11 NDIR MARKET FOR HYDROCARBONS, BY VERTICAL, 2017–2019 (USD MILLION)
                    TABLE 12 NDIR MARKET FOR HYDROCARBONS, BY VERTICAL, 2020–2025 (USD MILLION)
    8.4 REFRIGERANT GASES
           8.4.1 NEED TO DECREASE GLOBAL WARMING IS DRIVING GROWTH OF NDIR-BASED REFRIGERANT GAS SENSORS
                    TABLE 13 NDIR MARKET FOR REFRIGERANT GASES, BY VERTICAL, 2017–2019 (USD MILLION)
                    TABLE 14 NDIR MARKET FOR REFRIGERANT GASES, BY VERTICAL, 2020–2025 (USD MILLION)
    8.5 SULFUR HEXAFLUORIDE (SF6)
           8.5.1 STRINGENT ENVIRONMENTAL REGULATIONS TO BOOST NDIR MARKET GROWTH
                    FIGURE 28 INDUSTRIAL & MANUFACTURING TO REGISTER HIGHEST CAGR FOR SF6 SEGMENT IN NDIR MARKET DURING FORECAST PERIOD
                    TABLE 15 NDIR MARKET FOR SULFUR HEXAFLUORIDE, BY VERTICAL, 2017–2019 (USD MILLION)
                    TABLE 16 NDIR MARKET FOR SULFUR HEXAFLUORIDE, BY VERTICAL, 2020–2025 (USD MILLION)
    8.6 CARBON MONOXIDE (CO)
           8.6.1 SAFETY REGULATIONS FOR CO DETECTION TO PROPEL NDIR MARKET GROWTH
                    TABLE 17 NDIR MARKET FOR CARBON MONOXIDE, BY VERTICAL, 2017–2019 (USD MILLION)
                    TABLE 18 NDIR MARKET FOR CARBON MONOXIDE, BY VERTICAL, 2020–2025 (USD MILLION)
    8.7 ETHYLENE (C2H4)
           8.7.1 WIDE USE OF ETHYLENE GAS SENSORS FOR FRUIT RIPENING APPLICATION TO SPUR MARKET GROWTH
                    FIGURE 29 FOOD PROCESSING & STORAGE TO REGISTER HIGHEST CAGR FOR ETHYLENE SEGMENT IN NDIR MARKET DURING FORECAST PERIOD
                    TABLE 19 NDIR MARKET FOR ETHYLENE, BY VERTICAL, 2017–2019 (USD MILLION)
                    TABLE 20 NDIR MARKET FOR ETHYLENE, BY VERTICAL, 2020–2025 (USD MILLION)
    8.8 ANESTHETIC GASES
           8.8.1 ANESTHETIC GAS MONITORING REQUIREMENTS TO BOOST NDIR MARKET
    8.9 ACETYLENE (C2H2)
           8.9.1 WORKPLACE SAFETY REGULATIONS TO PROPEL MARKET GROWTH
                    TABLE 21 NDIR MARKET FOR ACETYLENE, BY VERTICAL, 2017–2019 (USD MILLION)
                    TABLE 22 NDIR MARKET FOR ACETYLENE, BY VERTICAL, 2020–2025 (USD MILLION)

9 NDIR MARKET, BY APPLICATION (Page No. - 84)
    9.1 INTRODUCTION
           FIGURE 30 NDIR MARKET, BY APPLICATION
           FIGURE 31 MONITORING APPLICATION OF NDIR SENSORS TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD
           TABLE 23 NDIR MARKET, BY APPLICATION, 2017–2019 (USD MILLION)
           TABLE 24 NDIR MARKET, BY APPLICATION, 2020–2025 (USD MILLION)
    9.2 HVAC
           9.2.1 RISING DEMAND FOR HVAC SYSTEMS TO PROPEL MARKET GROWTH
    9.3 MONITORING
           TABLE 25 NDIR MARKET FOR MONITORING, BY SUBTYPE, 2017–2019 (USD MILLION)
           TABLE 26 NDIR MARKET FOR MONITORING, BY SUBTYPE, 2020–2025 (USD MILLION)
           9.3.1 AIR QUALITY MONITORING
                    9.3.1.1 Increasing government focus on reducing toxic content in atmosphere likely to support NDIR market growth
           9.3.2 ANESTHESIA MONITORING
                    9.3.2.1 NDIR sensors offering low power consumption and long lifetimes likely to drive NDIR market growth
           9.3.3 CAPNOGRAPHY
                    9.3.3.1 Use of NDIR CO2 sensors for real-time monitoring of CO2 concentration in exhaled air
           9.3.4 REFRIGERANT MONITORING
                    9.3.4.1 Implementation of standards and regulations expected to create opportunities for manufacturers in NDIR market
           9.3.5 FRUIT RIPENING MONITORING
                    9.3.5.1 Necessary to prevent wastage of food
    9.4 DETECTION AND ANALYSIS
           TABLE 27 NDIR MARKET FOR DETECTION AND ANALYSIS, BY SUBTYPE, 2017–2019 (USD MILLION)
           TABLE 28 NDIR MARKET FOR DETECTION AND ANALYSIS, BY SUBTYPE, 2020–2025 (USD MILLION)
           9.4.1 HAZARDOUS GAS DETECTION
                    9.4.1.1 Held largest share of NDIR market
           9.4.2 FLAME DETECTION
                    9.4.2.1 Held second-largest share of NDIR market
           9.4.3 ALCOHOL DETECTION
                    9.4.3.1 Expected to grow at the highest CAGR during forecast period
           9.4.4 BLOOD GAS ANALYSIS
                    9.4.4.1 Use of NDIR CO2 sensors to measure partial pressure of CO2 concentration

10 NDIR MARKET, BY VERTICAL (Page No. - 92)
     10.1 INTRODUCTION
               FIGURE 32 NDIR MARKET, BY VERTICAL
               FIGURE 33 MEDICAL TO REGISTER HIGHEST CAGR IN NDIR MARKET DURING FORECAST PERIOD
               TABLE 29 NDIR MARKET, BY VERTICAL, 2017–2019 (USD MILLION)
               TABLE 30 NDIR MARKET, BY VERTICAL, 2020–2025 (USD MILLION)
     10.2 AUTOMOTIVE & TRANSPORTATION
             10.2.1 CO AND CO2 MONITORING IN VEHICLES TO FUEL GROWTH OF NDIR MARKET
                       TABLE 31 NDIR MARKET FOR AUTOMOTIVE & TRANSPORTATION, BY GAS TYPE, 2017–2019 (USD MILLION)
                       TABLE 32 NDIR MARKET FOR AUTOMOTIVE & TRANSPORTATION, BY GAS TYPE, 2020–2025 (USD MILLION)
                       TABLE 33 NDIR MARKET FOR AUTOMOTIVE & TRANSPORTATION, BY REGION, 2017–2019 (USD MILLION)
                       TABLE 34 NDIR MARKET FOR AUTOMOTIVE & TRANSPORTATION, BY REGION, 2020–2025 (USD MILLION)
     10.3 CHEMICALS
             10.3.1 REGULATIONS TO CURB HARMFUL GAS EMISSIONS DRIVING GROWTH OF NDIR MARKET
                       TABLE 35 NDIR MARKET FOR CHEMICALS, BY GAS TYPE, 2017–2019 (USD MILLION)
                       TABLE 36 NDIR MARKET FOR CHEMICALS, BY GAS TYPE, 2020–2025 (USD MILLION)
                       TABLE 37 NDIR MARKET FOR CHEMICALS, BY REGION, 2017–2019 (USD MILLION)
                       TABLE 38 NDIR MARKET FOR CHEMICALS, BY REGION, 2020–2025 (USD MILLION)
     10.4 OIL & GAS
             10.4.1 SAFETY REGULATIONS TO REDUCE RISKS TO LIFE, PROPERTY, AND ENVIRONMENT
                       TABLE 39 NDIR MARKET FOR OIL & GAS, BY GAS TYPE, 2017–2019 (USD MILLION)
                       TABLE 40 NDIR MARKET FOR OIL & GAS, BY GAS TYPE, 2020–2025 (USD MILLION)
                       FIGURE 34 NORTH AMERICA HELD LARGEST SHARE OF NDIR MARKET DURING FORECAST PERIOD
                       TABLE 41 NDIR MARKET FOR OIL & GAS, BY REGION, 2017–2019 (USD MILLION)
                       TABLE 42 NDIR MARKET FOR OIL & GAS, BY REGION, 2020–2025 (USD MILLION)
     10.5 MEDICAL
             10.5.1 EXPECTED TO REGISTER HIGHEST CAGR IN NDIR MARKET DURING FORECAST PERIOD
                       TABLE 43 NDIR MARKET FOR MEDICAL, BY GAS TYPE, 2017–2019 (USD MILLION)
                       TABLE 44 NDIR MARKET FOR MEDICAL, BY GAS TYPE, 2020–2025 (USD MILLION)
                       TABLE 45 NDIR MARKET FOR MEDICAL, BY REGION, 2017–2019 (USD MILLION)
                       TABLE 46 NDIR MARKET FOR MEDICAL, BY REGION, 2020–2025 (USD MILLION)
     10.6 INDUSTRIAL & MANUFACTURING
             10.6.1 HELD LARGEST SHARE OF NDIR MARKET
                       TABLE 47 NDIR MARKET FOR INDUSTRIAL & MANUFACTURING, BY GAS TYPE, 2017–2019 (USD MILLION)
                       TABLE 48 NDIR MARKET FOR INDUSTRIAL & MANUFACTURING, BY GAS TYPE, 2020–2025 (USD MILLION)
                       FIGURE 35 APAC HELD LARGEST SHARE OF NDIR MARKET DURING FORECAST PERIOD
                       TABLE 49 NDIR MARKET FOR INDUSTRIAL & MANUFACTURING, BY REGION, 2017–2019 (USD MILLION)
                       TABLE 50 NDIR MARKET FOR INDUSTRIAL & MANUFACTURING, BY REGION, 2020–2025 (USD MILLION)
     10.7 ENVIRONMENTAL
             10.7.1 RISING DEMAND FOR AIR QUALITY MONITORING TO FUEL GROWTH OF NDIR MARKET
                       TABLE 51 NDIR MARKET FOR ENVIRONMENTAL, BY GAS TYPE, 2017–2019 (USD MILLION)
                       TABLE 52 NDIR MARKET FOR ENVIRONMENTAL, BY GAS TYPE, 2020–2025 (USD MILLION)
                       TABLE 53 NDIR MARKET FOR ENVIRONMENTAL, BY REGION, 2017–2019 (USD MILLION)
                       TABLE 54 NDIR MARKET FOR ENVIRONMENTAL, BY REGION, 2020–2025 (USD MILLION)
     10.8 FOOD PROCESSING & STORAGE
             10.8.1 WIDESPREAD USE OF CO2 SENSORS IN FOOD PROCESSING & STORAGE INDUSTRY
                       TABLE 55 NDIR MARKET FOR FOOD PROCESSING & STORAGE, BY GAS TYPE, 2017–2019 (USD MILLION)
                       TABLE 56 NDIR MARKET FOR FOOD PROCESSING & STORAGE, BY GAS TYPE, 2020–2025 (USD MILLION)
                       TABLE 57 NDIR MARKET FOR FOOD PROCESSING & STORAGE, BY REGION, 2017–2019 (USD MILLION)
                       TABLE 58 NDIR MARKET FOR FOOD PROCESSING & STORAGE, BY REGION, 2020–2025 (USD MILLION)
     10.9 OTHERS
               TABLE 59 NDIR MARKET FOR OTHERS, BY GAS TYPE, 2017–2019 (USD MILLION)
               TABLE 60 NDIR MARKET FOR OTHERS, BY GAS TYPE, 2020–2025 (USD MILLION)
               FIGURE 36 APAC TO CONTINUE TO LEAD NDIR MARKET FROM 2020 TO 2025
               TABLE 61 NDIR MARKET FOR OTHERS, BY REGION, 2017–2019 (USD MILLION)
               TABLE 62 NDIR MARKET FOR OTHERS, BY REGION, 2020–2025 (USD MILLION)

11 NDIR MARKET, BY REGION (Page No. - 113)
     11.1 INTRODUCTION
               FIGURE 37 NDIR MARKET, BY REGION
               FIGURE 38 NDIR MARKET IN APAC TO GROW AT HIGHEST CAGR FROM 2020 TO 2025
               TABLE 63 NDIR MARKET, BY REGION, 2017–2019 (USD MILLION)
               TABLE 64 NDIR MARKET, BY REGION, 2020–2025 (USD MILLION)
     11.2 NORTH AMERICA
             11.2.1 GOVERNMENT REGULATIONS TO SAFEGUARD ENVIRONMENT AND HUMANS DRIVING GROWTH OF NDIR MARKET
                       FIGURE 39 NORTH AMERICA: NDIR MARKET SNAPSHOT
                       TABLE 65 NDIR MARKET IN NORTH AMERICA, BY VERTICAL, 2017–2019 (USD MILLION)
                       TABLE 66 NDIR MARKET IN NORTH AMERICA, BY VERTICAL, 2020–2025 (USD MILLION)
     11.3 EUROPE
             11.3.1 AUTOMOTIVE INDUSTRY TO FUEL NDIR MARKET GROWTH
                       FIGURE 40 EUROPE: NDIR MARKET SNAPSHOT
                       TABLE 67 NDIR MARKET IN EUROPE, BY VERTICAL, 2017–2019 (USD MILLION)
                       TABLE 68 NDIR MARKET IN EUROPE, BY VERTICAL, 2020–2025 (USD MILLION)
     11.4 APAC
             11.4.1 INDUSTRIAL & MANUFACTURING SEGMENT TO PROPEL NDIR MARKET GROWTH
                       FIGURE 41 APAC: NDIR MARKET SNAPSHOT
                       TABLE 69 NDIR MARKET IN APAC, BY VERTICAL, 2017–2019 (USD MILLION)
                       TABLE 70 NDIR MARKET IN APAC, BY VERTICAL, 2020–2025 (USD MILLION)
     11.5 ROW
             11.5.1 OIL & GAS AND MINING INDUSTRIES DRIVING NDIR MARKET GROWTH
                       TABLE 71 NDIR MARKET IN ROW, BY VERTICAL, 2017–2025 (USD MILLION)
                       TABLE 72 NDIR MARKET IN ROW, BY VERTICAL, 2020–2025 (USD MILLION)

12 COMPETITIVE LANDSCAPE (Page No. - 126)
     12.1 INTRODUCTION
               FIGURE 42 COMPANIES ADOPTED PRODUCT LAUNCHES AND DEVELOPMENTS AS KEY GROWTH STRATEGY FROM JANUARY 2017 TO JUNE 2020
     12.2 MARKET RANKING ANALYSIS OF PLAYERS IN NDIR MARKET, 2019
               FIGURE 43 RANKING OF TOP 5 PLAYERS IN NDIR MARKET, 2019
               TABLE 73 RANKING ANALYSIS OF KEY SENSOR MANUFACTURING COMPANIES
               TABLE 74 RANKING ANALYSIS OF KEY END-USE PRODUCT MANUFACTURING COMPANIES
     12.3 MARKET EVALUATION FRAMEWORK
               FIGURE 44 MARKET EVALUATION FRAMEWORK-KEY COMPANIES FOCUS ON PRODUCT LAUNCHES AND DEVELOPMENTS FROM JANUARY 2017 TO JUNE 2020
             12.3.1 PRODUCT LAUNCHES AND DEVELOPMENTS
               TABLE 75 PRODUCT LAUNCHES AND DEVELOPMENTS, JANUARY 2017–JUNE 2020
             12.3.2 EXPANSIONS
                       TABLE 76 EXPANSIONS, JANUARY 2017–JUNE 2020
             12.3.3 PARTNERSHIPS
                       TABLE 77 PARTNERSHIPS, JANUARY 2017–JUNE 2020
             12.3.4 ACQUISITIONS
                       TABLE 78 ACQUISITIONS, JANUARY 2017–JUNE 2020
     12.4 REVENUE ANALYSIS OF TOP MARKET PLAYERS, 2019
               FIGURE 45 REVENUE ANALYSIS OF TOP MARKET PLAYERS, 2019

13 COMPANY EVALUATION MATRIX (Page No. - 135)
     13.1 OVERVIEW
     13.2 COMPANY EVALUATION MATRIX DEFINITION AND METHODOLOGY
             13.2.1 MARKET SHARE/RANKING
                       FIGURE 46 AMPHENOL LED NDIR MARKET IN 2019
             13.2.2 STAR
             13.2.3 PERVASIVE
             13.2.4 EMERGING LEADERS
             13.2.5 PARTICIPANTS
     13.3 COMPANY EVALUATION MATRIX
               FIGURE 47 NDIR MARKET (GLOBAL) COMPANY EVALUATION MATRIX, 2019
     13.4 STRENGTH OF PRODUCT PORTFOLIO
               FIGURE 48 PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN NDIR MARKET
     13.5 BUSINESS STRATEGY EXCELLENCE
               FIGURE 49 BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN NDIR MARKET

14 COMPANY PROFILES (Page No. - 140)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, COVID-19: Company-specific developments and MnM View)*
     14.1 INTRODUCTION
     14.2 NDIR SENSOR MANUFACTURERS
             14.2.1 DYNAMENT
             14.2.2 MIPEX TECHNOLOGY
             14.2.3 GAS SENSING SOLUTIONS
             14.2.4 NANO ENVIRONMENTAL TECHNOLOGY S.R.L.
             14.2.5 ALPHASENSE
             14.2.6 EDINBURGH SENSORS
     14.3 NDIR SENSOR AND MODULE MANUFACTURERS
             14.3.1 SENSEAIR AB
             14.3.2 ZHENGZHOU WINSEN ELECTRONICS TECHNOLOGY CO., LTD.
             14.3.3 S+S REGELTECHNIK GMBH
             14.3.4 SENSIRION AG
                       FIGURE 50 SENSIRION AG: COMPANY SNAPSHOT
             14.3.5 FIGARO ENGINEERING INC.
             14.3.6 SENSERA LIMITED
     14.4 SENSOR MODULE AND END-USE PRODUCT MANUFACTURERS
             14.4.1 AMPHENOL
                       FIGURE 51 AMPHENOL: COMPANY SNAPSHOT
             14.4.2 HONEYWELL INTERNATIONAL INC.
                       FIGURE 52 HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT
             14.4.3 ELT SENSOR CORP.
             14.4.4 CUBIC SENSOR AND INSTRUMENT CO., LTD.
             14.4.5 E+E ELEKTRONIK GES.M.B.H
     14.5 END-USE PRODUCT MANUFACTURERS
             14.5.1 EMERSON ELECTRIC CO.
                       FIGURE 53 EMERSON ELECTRIC CO.: COMPANY SNAPSHOT
             14.5.2 SHENZHEN MINDRAY BIO-MEDICAL ELECTRONICS CO., LTD.
                       FIGURE 54 SHENZHEN MINDRAY BIO-MEDICAL ELECTRONICS CO., LTD.: COMPANY SNAPSHOT
             14.5.3 BACHARACH INC.
             14.5.4 DRAGERWERK AG & CO. KGAA
                       FIGURE 55 DRAGERWERK AG & CO. KGAA: COMPANY SNAPSHOT
             14.5.5 GENERAL ELECTRIC COMPANY (GE)
                       FIGURE 56 GENERAL ELECTRIC COMPANY (GE): COMPANY SNAPSHOT

*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, COVID-19: Company-specific developments and MnM View might not be captured in case of unlisted companies.
     14.6 RIGHT TO WIN

15 APPENDIX (Page No. - 187)
     15.1 DISCUSSION GUIDE
     15.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
     15.3 AVAILABLE CUSTOMIZATIONS
     15.4 RELATED REPORTS
     15.5 AUTHOR DETAILS

The study involved four major activities in estimating the size of the NDIR market. Exhaustive secondary research has been carried out to collect information on the market, the peer markets, and the parent market. Both top-down and bottom-up approaches have been employed to estimate the total market size. Market breakdown and data triangulation methods have also been used to estimate the market for segments and subsegments.

Secondary Research

The secondary sources referred to for this research study include various industry organizations such as the Environmental Protection Agency (US), the Occupational Safety and Health Administration (US), the Centers for Disease Control and Prevention (US), World Resources Institute (WRI) (US), and the International Organization of Motor Vehicle Manufacturers (OICA) (France); corporate filings (such as annual reports, investor presentations, and financial statements); and trade, business, and automotive associations. Secondary data has been collected and analyzed to arrive at the overall market size, which is further validated by primary research.

Primary Research

Extensive primary research has been conducted after acquiring an understanding of the market scenario through secondary research. Several primary interviews have been conducted with market experts from both the demand- (industrial and automotive sectors) and supply-side (NDIR manufacturers) players across four major regions, namely, North America, Europe, Asia Pacific, and Rest of the World (Middle East and Africa, and South America). Approximately 70% and 30% of primary interviews have been conducted from the demand and supply side, respectively. Primary data has been collected through questionnaires, emails, and telephonic interviews. In the canvassing of primaries, various departments within organizations, such as sales, operations, and administration, were covered to provide a holistic viewpoint in our report.

After interacting with industry experts, brief sessions were conducted with highly experienced independent consultants to reinforce the findings from our primaries. This, along with the in-house subject matter experts’ opinions, has led us to the findings as described in the remainder of this report. The breakdown of primary respondents is as follows:

Non-dispersive Infrared (NDIR) Market  Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

The bottom-up approach has been used to estimate and validate the total size of the NDIR market.

  • Identifying various gas types detected using NDIR sensors and modules
  • Analyzing the penetration of each type of sensor and module through secondary and primary research
  • Analyzing the penetration of NDIR sensors and modules based on different applications and verticals through secondary and primary research
  • Conducting multiple discussion sessions with key opinion leaders to understand the detailed working of NDIR sensors, and their implementation in multiple applications; this helped analyze the break-up of the scope of work carried out by each major company
  • Verifying and cross-checking the estimates at every level with key opinion leaders, including CEOs, directors, operation managers, and finally with MarketsandMarkets domain experts
  • Studying various paid and unpaid sources of information, such as annual reports, press releases, white papers, and databases

Non-dispersive Infrared (NDIR) Market  Size, and Share

The top-down approach has been used to estimate and validate the total size of the NDIR market.

  • Focusing initially on the top-line investments and expenditures being made in the ecosystem of the NDIR market; further splitting the key market areas on the basis of gas type, application, vertical, and region, and listing the key developments
  • Identifying all leading players and end-users in the NDIR market based on gas type, application, and vertical through secondary research, and fully verifying them through a brief discussion with the industry experts
  • Analyzing revenues, product mix, geographic presence, and key applications served by all identified players to estimate and arrive at percentage splits for all key segments
  • Discussing splits with the industry experts to validate the information and identify key growth pockets across all key segments
  • Breaking down the total market based on verified splits and key growth pockets across all segments

Non-dispersive Infrared (NDIR) Market  Size, and Share

Data Triangulation

After arriving at the overall market size—using the market size estimation processes as explained above—the market has been split into several segments and subsegments. To complete the entire market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakdown procedures have been employed, wherever applicable. The data has been triangulated by studying various factors and trends from both the demand and supply sides in the NDIR market.

Report Objectives

  • To analyze, segment, and forecast the size of the NDIR market based on gas type, application, and vertical in terms of value and volume.
  • To describe and forecast the market for 4 key regions—North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW)--in terms of value
  • To provide qualitative information about different components used in NDIR sensors
  • To provide detailed information regarding drivers, restraints, opportunities, and industry-specific challenges influencing the growth of the NDIR market
  • To provide a detailed overview of the value chain pertaining to NDIR ecosystems, along with the average selling price for NDIR sensors and modules
  • To strategically analyze the ecosystem, tariff and regulations, patent landscape, and various case studies pertaining to the NDIR market
  • To describe, in brief, the COVID-19 impact on the global NDIR market
  • To strategically analyze micromarkets1 with respect to individual growth trends, prospects, and contributions to the overall market
  • To strategically profile key players and comprehensively analyze their position in the NDIR market in terms of their ranking and core competencies2, and detail the competitive landscape for market leaders
  • To analyze competitive developments in the NDIR market, such as product launches and developments, expansions, partnerships, and acquisitions

Available customizations:

With the given market data, MarketsandMarkets offers customizations according to a company’s specific needs. The following customization options are available for the report:

  • Detailed analysis and profiling of additional market players based on various blocks of the NDIR value chain
COVID-19

Get in-depth analysis of the COVID-19 impact on the Non-dispersive Infrared (NDIR) Market

Benchmarking the rapid strategy shifts of the Top 100 companies in the Non-dispersive Infrared (NDIR) Market

Request For Special Pricing
Report Code
SE 7772
Published ON
Oct, 2020
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Non-dispersive Infrared (NDIR) Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
CUSTOMIZED WORKSHOP REQUEST
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2020 MarketsandMarkets Research Private Ltd. All rights reserved
...

Digital Virtual Assistant - MarketsandMarkets

Home