Global Non-dispersive Infrared (NDIR) Market is valued approximately USD 372 million in 2019 and is anticipated to grow with a healthy growth rate of more than 7.20 % over the forecast period 2020-2027. A non-dispersive Infrared sensor is a spectroscopic sensor which is generally used as a gas detector. In the sensor no dispersive element such as prism or diffraction grating is used to separate out the broadband light into a narrow spectrum suitable for gas sensing. The Modern NDIR sensors use Microelectromechanical systems (MEMs) or Mid IR LED sources.
The growing application of these sensors in Gas Detection drives the market growth. As with the boost in the Food Processing and Storage Industry the demand for NDIR CO2 sensors increase. Food items such as Fruits, vegetables, fish and meat are packaged in efficient order to ensure their freshness through Modified Atmospheric packaging (MAP). The process includes modifying the composition of internal atmosphere of food packages which includes gases such as CO2, oxygen and nitrogen. The NDIR sensors detect the amount of CO2 in packaging which in appropriate levels extends the shelf life of fruits and vegetables. The growing demand for packaged and confectionary food items drives the market growth. As per China Food Industry Association’s internal Food Industry Summary report 2018 the food processing industry reached to USD 1.47 trillion in 2017 demonstrating an increase of 6.3% over its value from the previous year.
Request To Download Sample of This Strategic Report:- https://reportocean.com/industry-verticals/sample-request?report_id=bw1858
As per Food Processing Ingredients report of 2019 the food processing industry accounted to USD 119.6 billion in 2017 with Output Food exports of USD 35.3 billion. Further, increasing demand for these sensors in the medical industry for detection of gases augments the market growth. However, intense pricing pressure resulting in decreased average selling price impedes the growth of the market over the forecast period of 2020-2027. Although, technological advancements present a lucrative opportunity for the market.
The regional analysis of global Non-dispersive Infrared (NDIR) market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the early adoption of technology and well established infrastructure. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rapidly increasing industrialization would create lucrative growth prospects for the Non-dispersive Infrared (NDIR) market across Asia-Pacific region.
Major market player included in this report are:
Amphenol
Honeywell International Inc
Senseair AB
S+S Regeltechnik GmbH
Dynament
MIPEX TECHNOLOGY
Gas Sensing Solutions
Nano Environmental Technology S.r.l. (N.E.T.)
Zhengzhou Winsen Electronics Technology Co., Ltd.
ELT Sensor Corp.
Download Free Sample of This Strategic Report:- https://reportocean.com/industry-verticals/sample-request?report_id=bw1858
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Gas Type:
Carbon dioxide
Hydrocarbons
By Application:
Monitoring
HVAC
Detection and Analysis
By Vertical:
Industrial & Manufacturing
Oil & Gas
By Region:
North America
U.S.
Canada
To Get More Business Strategies For Request Sample Report:- https://reportocean.com/industry-verticals/sample-request?report_id=bw1858
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Reasons to Buy this Report:
- Access to date records compiled by using our researchers. These supply you with historic and forecast data, which is analyzed to inform you why your market is set to change
- This allows you to assume market adjustments to stay in advance of your competitors
- You will be in a position to replica facts from the Excel spreadsheet straight into your advertising plans, enterprise presentations, or different strategic documents
- The concise analysis, clear graph, and desk structure will allow you to pinpoint the statistics you require quickly
- Provision of market cost (USD Billion) records for every section and sub-segment
- Indicates the place and phase that is predicted to witness the quickest increase as properly as to dominate the market
- Analysis via geography highlighting the consumption of the product/service in the location as properly as indicating the elements that are affecting the market inside every region
- Competitive panorama which accommodates the market rating of the most important players, alongside with new service/product launches, partnerships, enterprise expansions, and acquisitions in the previous 5 years of businesses profiled
- Extensive agency profiles comprising of employer overview, organization insights, product bench marking, and SWOT evaluation for the essential market players
- The cutting-edge as nicely as the future market outlook of the enterprise regarding latest traits which contain increase possibilities and drivers as nicely as challenges and restraints of each rising as nicely as developed regions
- Includes in-depth evaluation of the market from quite a number perspectives thru Porter’s 5 forces analysis
- Provides perception into the market via Value Chain
- Market dynamics scenario, alongside with boom possibilities of the market in the years to come
- 1-Year post-sales analyst support
Request Full Report- https://reportocean.com/industry-verticals/sample-request?report_id=bw1858
About Report Ocean:
We are the best market research reports provider in the industry. Report Ocean is the world’s leading research company, known for its informative research reports. We are committed to providing our clients with both quantitative and qualitative research results. As a part of our global network and comprehensive industry coverage, we offer in-depth knowledge, allowing informed and strategic business conclusions to report. We utilize the most recent technology and analysis tools along with our own unique research models and years of expertise, which assist us to create necessary details and facts that exceed expectations.
Get in Touch with Us:
Report Ocean:
Email:sales@reportocean.com
Address: 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611 – UNITED STATES
Tel:+1888 212 3539 (US – TOLL FREE)
Website:https://reportocean.com