Unraveling Non-dispersive Infrared (NDIR) Market: A Deep Dive into the $965 Million According to a research report "Non-dispersive Infrared (NDIR) Market by Gas Type (Carbon Dioxide, Hydrocarbons, Refrigerant, Acetylene, Ethylene, Sulphur Hexafluoride, Carbon Monoxide, Anesthetic, VOCs, Hydrogen Sulphide, Chlorine), Product (Fixed, Portable) - Global Forecast to 2029" The NDIR market is expected to be valued at USD 681 million in 2024 and is projected to reach USD 965 million by 2029; it is expected to grow at a CAGR of 7.2% during the forecast period. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=90187624 The increasing demand for NDIR gas sensors in industries like automotive & transportation, industrial & manufacturing, food & beverages etc is fuelling NDIr market growth. Restraints such as intense pricing pressure resulting in decreased average selling price hinder market growth. However, factors such as growing adoption of gas sensors in consumer electronics provide lucrative opportunities for market players in coming years. Based on application type, the NDIR market for monitoring applications is expected to hold the highest market share during the forecast period. Air pollution is a global environmental threat of great concern to governments worldwide. On the other hand, anesthesia monitoring is also crucial for ensuring patient safety during healthcare procedures, involving the real-time tracking of carbon dioxide, nitrous oxide, and potent anesthetic agents like isoflurane, sevoflurane, and desflurane. Monitoring of refrigerant gases, capnography etc are likely to boost NDIR market. Inquire Before Buying @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=90187624 NDIR market for VOCs to hold high market share during the forecast period. Given the widespread presence of VOCs in manufacturing processes across industries such as textiles, plastics, and pharmaceuticals, the demand for VOC sensors continues to rise. While VOCs exist in various household, industrial, and commercial products, it is their accumulation in the air and water that has predominantly garnered attention. These sensors play a crucial role in maintaining safe working environments and preserving air quality in urban areas. As awareness about the potential health and environmental impacts of VOCs grows, the market for VOC sensors is expected to expand further in the coming years.