Table of Content

1 INTRODUCTION (Page No. - 26)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
    1.3 STUDY SCOPE 
           1.3.1 MARKETS COVERED
                    FIGURE 1 NDIR MARKET: SEGMENTATION
           1.3.2 REGIONAL SCOPE
           1.3.3 INCLUSIONS AND EXCLUSIONS
           1.3.4 YEARS CONSIDERED
    1.4 CURRENCY CONSIDERED 
    1.5 UNITS CONSIDERED 
    1.6 LIMITATIONS 
    1.7 STAKEHOLDERS 
    1.8 SUMMARY OF CHANGES 
    1.9 RECESSION IMPACT 
2 RESEARCH METHODOLOGY (Page No. - 32)
    2.1 RESEARCH DATA 
           FIGURE 2 NDIR MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY AND PRIMARY RESEARCH
                    FIGURE 3 NDIR MARKET: RESEARCH APPROACH
           2.1.2 SECONDARY DATA
                    2.1.2.1 Major secondary sources
                    2.1.2.2 Key data from secondary sources
           2.1.3 PRIMARY DATA
                    2.1.3.1 Primary interviews with experts
                    2.1.3.2 Key primary interview participants
                    2.1.3.3 Breakdown of primaries
                    2.1.3.4 Key data from primary sources
                    2.1.3.5 Key industry insights
    2.2 MARKET SIZE ESTIMATION METHODOLOGY 
           FIGURE 4 NDIR MARKET: MARKET SIZE ESTIMATION METHODOLOGY
           2.2.1 BOTTOM-UP APPROACH
                    2.2.1.1 Approach to estimate market size using bottom-up analysis (demand side)
                               FIGURE 5 NDIR MARKET: BOTTOM-UP APPROACH
           2.2.2 TOP-DOWN APPROACH
                    2.2.2.1 Approach to estimate market size using top-down analysis (supply side)
                               FIGURE 6 NDIR MARKET: TOP-DOWN APPROACH
                               FIGURE 7 NDIR MARKET: SUPPLY-SIDE ANALYSIS
    2.3 DATA TRIANGULATION 
           FIGURE 8 NDIR MARKET: DATA TRIANGULATION
    2.4 RESEARCH ASSUMPTIONS 
           TABLE 1 NDIR MARKET: RESEARCH ASSUMPTIONS
    2.5 RESEARCH LIMITATIONS 
           FIGURE 9 NDIR MARKET: RESEARCH LIMITATIONS
    2.6 RISK ASSESSMENT 
           TABLE 2 NDIR MARKET: RISK ASSESSMENT
    2.7 PARAMETERS CONSIDERED TO ANALYZE IMPACT OF RECESSION ON NDIR MARKET 
           TABLE 3 NDIR MARKET: PARAMETERS CONSIDERED TO ANALYZE IMPACT OF RECESSION
3 EXECUTIVE SUMMARY (Page No. - 45)
    FIGURE 10 REFRIGERANT GASES SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
    FIGURE 11 HVAC APPLICATION TO WITNESS HIGHEST CAGR FROM 2024 TO 2029
    FIGURE 12 AUTOMOTIVE & TRANSPORTATION VERTICAL TO HOLD SECOND HIGHEST SHARE OF MARKET DURING FORECAST PERIOD
    FIGURE 13 PORTABLE SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
    FIGURE 14 ASIA PACIFIC TO ACCOUNT FOR LARGEST MARKET SHARE IN 2024
4 PREMIUM INSIGHTS (Page No. - 49)
    4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN NDIR MARKET 
           FIGURE 15 STRINGENT ENVIRONMENTAL REGULATIONS TO BOOST MARKET
    4.2 NDIR MARKET, BY GAS TYPE 
           FIGURE 16 CARBON DIOXIDE SEGMENT TO DOMINATE MARKET IN 2029
    4.3 NDIR MARKET, BY APPLICATION 
           FIGURE 17 MONITORING SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
    4.4 NDIR MARKET, BY VERTICAL 
           FIGURE 18 FOOD & BEVARAGES SEGMENT TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD
    4.5 NDIR MARKET IN ASIA PACIFIC, BY VERTICAL AND GEOGRAPHY 
           FIGURE 19 AUTOMOTIVE & TRANSPORTATION SEGMENT AND CHINA HELD LARGEST SHARES OF ASIA PACIFIC MARKET IN 2023
    4.6 NDIR MARKET, BY REGION 
           FIGURE 20 NDIR MARKET IN INDIA TO RECORD HIGHEST CAGR DURING FORECAST PERIOD
5 MARKET OVERVIEW (Page No. - 52)
    5.1 INTRODUCTION 
    5.2 MARKET DYNAMICS 
           FIGURE 21 NDIR MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
           5.2.1 DRIVERS
                    FIGURE 22 NDIR MARKET: IMPACT ANALYSIS OF DRIVERS
                    5.2.1.1 Need to contain methane leakages in oil & gas industry
                    5.2.1.2 Increasing demand for NDIR CO2 sensors in food processing & storage industry
                    5.2.1.3 Enhanced emphasis on worker safety across industries
                    5.2.1.4 High demand for gas sensors in critical industries
                    5.2.1.5 Advancements in IoT and connectivity
           5.2.2 RESTRAINTS
                    FIGURE 23 NDIR MARKET: IMPACT ANALYSIS OF RESTRAINTS
                    5.2.2.1 Price erosion due to intense competition
                    5.2.2.2 Time-consuming sensor development process
           5.2.3 OPPORTUNITIES
                    FIGURE 24 NDIR MARKET: IMPACT ANALYSIS OF OPPORTUNITIES
                    5.2.3.1 Rising demand for NDIR sensors in healthcare industry
                    5.2.3.2 Need for advanced alcohol sensors in automotive & transportation industry
                    5.2.3.3 Increasing demand in emerging markets
           5.2.4 CHALLENGES
                    FIGURE 25 NDIR MARKET: IMPACT ANALYSIS OF CHALLENGES
                    5.2.4.1 Need for product differentiation to meet unique end-user requirements
                    5.2.4.2 Competition from alternative technologies
    5.3 VALUE CHAIN ANALYSIS 
           FIGURE 26 NDIR MARKET: VALUE CHAIN ANALYSIS
    5.4 ECOSYSTEM ANALYSIS 
           FIGURE 27 ECOSYSTEM ANALYSIS
           TABLE 4 ROLE OF PLAYERS IN NDIR ECOSYSTEM
    5.5 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 
           FIGURE 28 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
    5.6 PRICING ANALYSIS 
           5.6.1 AVERAGE SELLING PRICE TREND OF NDIR MODULES OFFERED BY KEY PLAYERS
                    FIGURE 29 AVERAGE SELLING PRICE TREND OF NDIR MODULES OFFERED BY KEY PLAYERS, 2023
                    TABLE 5 AVERAGE SELLING PRICE TREND OF NDIR MODULES OFFERED BY KEY PLAYERS (USD)
           5.6.2 AVERAGE SELLING PRICE TREND OF NDIR MODULES, BY GAS TYPE
                    FIGURE 30 AVERAGE SELLING PRICE TREND OF NDIR MODULES, BY GAS TYPE, 2020–2023 (USD)
           5.6.3 AVERAGE SELLING PRICE TREND OF NDIR MODULES, BY REGION
                    FIGURE 31 AVERAGE SELLING PRICE TREND OF NDIR MODULES, BY REGION (USD)
    5.7 TECHNOLOGY ANALYSIS 
           5.7.1 KEY TECHNOLOGIES
                    5.7.1.1 Emission and absorption spectroscopy
           5.7.2 COMPLEMENTARY TECHNOLOGIES
                    5.7.2.1 Internet of Things (IoT) and cloud computing
           5.7.3 ADJACENT TECHNOLOGIES
                    5.7.3.1 Gas chromatography
                    5.7.3.2 Tunable diode laser analyzer (TDLA) spectroscopy
    5.8 PORTER’S FIVE FORCES ANALYSIS 
           TABLE 6 NDIR MARKET: PORTER’S FIVE FORCES ANALYSIS
           FIGURE 32 NDIR MARKET: PORTER’S FIVE FORCES ANALYSIS
           5.8.1 THREAT OF NEW ENTRANTS
           5.8.2 THREAT OF SUBSTITUTES
           5.8.3 BARGAINING POWER OF SUPPLIERS
           5.8.4 BARGAINING POWER OF BUYERS
           5.8.5 INTENSITY OF COMPETITIVE RIVALRY
    5.9 KEY STAKEHOLDERS AND BUYING CRITERIA 
           5.9.1 KEY STAKEHOLDERS IN BUYING PROCESS
                    FIGURE 33 KEY STAKEHOLDERS IN BUYING PROCESS FOR TOP THREE APPLICATIONS
                    TABLE 7 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS
           5.9.2 BUYING CRITERIA
                    FIGURE 34 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS
                    TABLE 8 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS
    5.10 CASE STUDIES 
           5.10.1 STORAGE CONTROL SYSTEMS LTD. OPTS FOR GSS CO2 SENSOR TO PREVENT SPOILAGE OF PRODUCTS
           5.10.2 EDINBURGH INSTRUMENTS LTD. DEVELOPS NDIR SENSOR FOR CONTINUOUS DETECTION OF CO2
           5.10.3 AKO GROUP’S AKOGAS NDIR SIGNIFICANTLY REDUCES REFRIGERANT GAS LEAKS
           5.10.4 XILTRIX INTERNATIONAL’S NDIR SENSORS ENHANCE INCUBATOR MONITORING
    5.11 INVESTMENT AND FUNDING SCENARIO 
           FIGURE 35 FUNDING FOR STARTUPS IN NDIR MARKET, 2022–2023
    5.12 TRADE ANALYSIS 
           5.12.1 IMPORT SCENARIO
                        TABLE 9 IMPORT DATA FOR HS CODE 90271000-COMPLIANT PRODUCTS FOR TOP 10 COUNTRIES, 2018–2022 (USD THOUSAND)
           5.12.2 EXPORT SCENARIO
                        TABLE 10 EXPORT DATA FOR HS CODE 90271000-COMPLIANT PRODUCTS FOR TOP 10 COUNTRIES, 2018–2022 (USD THOUSAND)
    5.13 PATENT ANALYSIS, 2020–2024 
           TABLE 11 NDIR MARKET: PATENTS, 2020–2024
           FIGURE 36 NUMBER OF PATENTS GRANTED PER YEAR, 2013–2023
           TABLE 12 NUMBER OF PATENTS REGISTERED IN LAST 10 YEARS
    5.14 KEY CONFERENCES AND EVENTS, 2024–2025 
           TABLE 13 NDIR MARKET: CONFERENCES AND EVENTS, 2024–2025
    5.15 REGULATORY LANDSCAPE 
           5.15.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                        TABLE 14 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                        TABLE 15 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                        TABLE 16 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                        TABLE 17 ROW: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
           5.15.2 STANDARDS AND REGULATIONS
                    5.15.2.1 Standards
                    5.15.2.2 Regulations
6 COMPONENTS OF NDIR SENSORS (Page No. - 84)
    6.1 INTRODUCTION 
    6.2 IR SOURCES 
           6.2.1 HIGHER OUTPUT IN MID-INFRARED WAVELENGTH RANGE
           6.2.2 WIDE WAVELENGTH RANGE OUTPUT
    6.3 OPTICAL GAS CHAMBER 
    6.4 OPTICAL FILTERS 
           TABLE 18 GAS ABSORPTION WAVELENGTH
    6.5 IR DETECTORS 
    6.6 ADVANTAGES AND LIMITATIONS OF NDIR SENSORS 
           6.6.1 ADVANTAGES
           6.6.2 LIMITATIONS
7 NDIR MARKET, BY PRODUCT TYPE (Page No. - 88)
    7.1 INTRODUCTION 
           FIGURE 37 NDIR MARKET, BY PRODUCT TYPE
           FIGURE 38 PORTABLE SEGMENT TO REGISTER HIGHER CAGR DURING FORECAST PERIOD
           TABLE 19 NDIR MARKET: BY PRODUCT TYPE, 2020–2023 (USD MILLION)
           TABLE 20 NDIR MARKET: BY PRODUCT TYPE, 2024–2029 (USD MILLION)
    7.2 FIXED 
           7.2.1 STRICT ENVIRONMENTAL REGULATIONS TO DRIVE MARKET
    7.3 PORTABLE 
           7.3.1 NEED FOR ON-THE-GO MONITORING TO FUEL DEMAND
8 NDIR MARKET, BY GAS TYPE (Page No. - 92)
    8.1 INTRODUCTION 
           FIGURE 39 NDIR MARKET, BY GAS TYPE
           FIGURE 40 REFRIGERANT GASES SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
           TABLE 21 NDIR MARKET, BY GAS TYPE, 2020–2023 (USD MILLION)
           TABLE 22 NDIR MARKET, BY GAS TYPE, 2024–2029 (USD MILLION)
           TABLE 23 NDIR MARKET SIZE, IN TERMS OF VOLUME, 2020–2023 (MILLION UNITS)
           TABLE 24 NDIR MARKET, 2024–2029 (MILLION UNITS)
           FIGURE 41 NDIR MARKET, UNIT SHIPMENT, 2020-2029 (MILLION UNITS)
    8.2 CARBON DIOXIDE (CO2) 
           8.2.1 WIDESPREAD APPLICATIONS OF CO2 SENSORS TO DRIVE MARKET GROWTH
                        TABLE 25 CARBON DIOXIDE: NDIR MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
                        TABLE 26 CARBON DIOXIDE: NDIR MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
    8.3 HYDROCARBONS 
           TABLE 27 HYDROCARBONS: NDIR MARKET, BY GAS TYPE, 2020–2023 (USD MILLION)
           TABLE 28 HYDROCARBONS: NDIR MARKET, BY GAS TYPE, 2024–2029 (USD MILLION)
           TABLE 29 HYDROCARBONS: NDIR MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
           TABLE 30 HYDROCARBONS: NDIR MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
           8.3.1 ACETYLENE
                    8.3.1.1 Strict workplace safety regulations to propel market growth
                               TABLE 31 HYDROCARBONS: NDIR MARKET FOR ACETYLENE, BY VERTICAL, 2020–2023 (USD MILLION)
                               TABLE 32 HYDROCARBONS: NDIR MARKET FOR ACETYLENE, BY VERTICAL, 2024–2029 (USD MILLION)
           8.3.2 ETHYLENE
                    8.3.2.1 Wide use in agricultural and food industries to boost market
                               TABLE 33 HYDROCARBONS: NDIR MARKET FOR ETHYLENE, BY VERTICAL, 2020–2023 (USD MILLION)
                               TABLE 34 HYDROCARBONS: NDIR MARKET FOR ETHYLENE, BY VERTICAL, 2024–2029 (USD MILLION)
           8.3.3 OTHER HYDROCARBONS
                        TABLE 35 HYDROCARBONS: NDIR MARKET FOR OTHER HYDROCARBONS, BY VERTICAL, 2020–2023 (USD MILLION)
                        TABLE 36 HYDROCARBONS: NDIR MARKET FOR OTHER HYDROCARBONS, BY VERTICAL, 2024–2029 (USD MILLION)
    8.4 REFRIGERANT GASES 
           8.4.1 NEED TO REDUCE GLOBAL WARMING TO FUEL MARKET
                        TABLE 37 REFRIGERANT GASES: NDIR MARKEYT, BY VERTICAL, 2020–2023 (USD MILLION)
                        TABLE 38 REFRIGERANT GASES: NDIR MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
    8.5 SULFUR HEXAFLUORIDE (SF6) 
           8.5.1 STRINGENT ENVIRONMENTAL REGULATIONS TO BOOST MARKET
                        TABLE 39 SULFUR HEXAFLUORIDE: NDIR MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
                        TABLE 40 SULFUR HEXAFLUORIDE: NDIR MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
    8.6 CARBON MONOXIDE (CO) 
           8.6.1 INCREASING NEED TO SAFEGUARD HUMAN HEALTH TO PROPEL MARKET
                        TABLE 41 CARBON MONOXIDE: NDIR MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
                        TABLE 42 CARBON MONOXIDE: NDIR MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
    8.7 ANESTHETIC GASES 
           8.7.1 RISING FOCUS ON SAFETY OF HEALTHCARE WORKERS TO BOOST MARKET
                        TABLE 43 ANESTHETIC GASES: NDIR MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
                        TABLE 44 ANESTHETIC GASES: NDIR MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
    8.8 VOLATILE ORGANIC COMPOUNDS (VOCS) 
           8.8.1 INCREASING POLLUTION LEVELS TO CREATE GROWTH OPPORTUNITIES FOR MARKET
                        TABLE 45 VOCS: NDIR MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
                        TABLE 46 VOCS: NDIR MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
    8.9 OTHER GASES 
           TABLE 47 OTHER GASES: NDIR MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
           TABLE 48 OTHER GASES: NDIR MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
           8.9.1 CHLORINE
                    8.9.1.1 Rising use of chlorine in water & wastewater treatment to drive market
           8.9.2 HYDROGEN SULFIDE
                    8.9.2.1 Increased demand in oil & gas industry to boost market
           8.9.3 NITROGEN OXIDE (NOX)
                    8.9.3.1 Need to detect toxic gases in outdoor air to drive demand
9 NDIR MARKET, BY APPLICATION (Page No. - 111)
    9.1 INTRODUCTION 
           FIGURE 42 NDIR MARKET, BY APPLICATION
           FIGURE 43 HVAC APPLICATION TO RECORD HIGHEST CAGR DURING FORECAST PERIOD
           TABLE 49 NDIR MARKET: BY APPLICATION, 2020–2023 (USD MILLION)
           TABLE 50 NDIR MARKET: BY APPLICATION , 2024–2029 (USD MILLION)
    9.2 HVAC 
           9.2.1 HIGH DEMAND FOR HVAC SYSTEMS TO DRIVE MARKET
    9.3 MONITORING 
           TABLE 51 MONITORING: NDIR MARKET, BY SUBTYPE, 2020–2023 (USD MILLION)
           TABLE 52 MONITORING: NDIR MARKET, BY SUBTYPE, 2024–2029 (USD MILLION)
           9.3.1 AIR QUALITY MONITORING
                    9.3.1.1 Rising awareness of environmental threats to boost market
           9.3.2 ANESTHESIA MONITORING
                    9.3.2.1 Emphasis on safety in healthcare environments to drive market
           9.3.3 CAPNOGRAPHY
                    9.3.3.1 Rising use of NDIR sensors for real-time monitoring of exhaled air to drive market
           9.3.4 REFRIGERANT MONITORING
                    9.3.4.1 Stringent standards and regulations to create greater demand
           9.3.5 FRUIT RIPENING MONITORING
                    9.3.5.1 Need to reduce food wastage to accelerate demand
    9.4 DETECTION & ANALYSIS 
           TABLE 53 DETECTION & ANALYSIS: NDIR MARKET, BY SUBTYPE, 2020–2023 (USD MILLION)
           TABLE 54 DETECTION & ANALYSIS: NDIR MARKET, BY SUBTYPE, 2024–2029 (USD MILLION)
           9.4.1 HAZARDOUS GAS DETECTION
                    9.4.1.1 Demand for precise gas sensing solutions to drive market
           9.4.2 FLAME DETECTION
                    9.4.2.1 Growing demand in chemicals industry to boost market
           9.4.3 ALCOHOL DETECTION
                    9.4.3.1 Increasing government protocols to drive market
           9.4.4 BLOOD GAS ANALYSIS
                    9.4.4.1 Need for accurate analysis of respiratory gases to drive market
10 NDIR MARKET, BY VERTICAL (Page No. - 119)
     10.1 INTRODUCTION 
           FIGURE 44 NDIR MARKET, BY VERTICAL
           FIGURE 45 FOOD & BEVERAGES SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
           TABLE 55 NDIR MARKET: BY VERTICAL, 2020–2023 (USD MILLION)
           TABLE 56 NDIR MARKET: BY VERTICAL, 2024–2029 (USD MILLION)
     10.2 AUTOMOTIVE & TRANSPORTATION 
             10.2.1 NEED FOR EFFICIENT EMISSION MONITORING TO DRIVE MARKET
                        TABLE 57 AUTOMOTIVE & TRANSPORTATION: NDIR MARKET, BY GAS TYPE, 2020–2023 (USD MILLION)
                        TABLE 58 AUTOMOTIVE & TRANSPORTATION: NDIR MARKET, BY GAS TYPE, 2024–2029 (USD MILLION)
                        TABLE 59 AUTOMOTIVE & TRANSPORTATION: NDIR MARKET, BY REGION, 2020–2023 (USD MILLION)
                        TABLE 60 AUTOMOTIVE & TRANSPORTATION: NDIR MARKET, BY REGION, 2024–2029 (USD MILLION)
     10.3 CHEMICALS 
             10.3.1 INCREASING NEED FOR LEAK DETECTION IN HAZARDOUS ENVIRONMENTS TO BOOST MARKET
                        TABLE 61 CHEMICALS: NDIR MARKET, BY GAS TYPE, 2020–2023 (USD MILLION)
                        TABLE 62 CHEMICALS: NDIR MARKET, BY GAS TYPE, 2024–2029 (USD MILLION)
                        TABLE 63 CHEMICALS: NDIR MARKET, BY REGION, 2020–2023 (USD MILLION)
                        TABLE 64 CHEMICALS: NDIR MARKET, BY REGION, 2024–2029 (USD MILLION)
     10.4 OIL & GAS 
             10.4.1 STRICT WORKER SAFETY REGULATIONS TO DRIVE DEMAND
                        TABLE 65 OIL & GAS: NDIR MARKET, BY GAS TYPE, 2020–2023 (USD MILLION)
                        TABLE 66 OIL & GAS: NDIR MARKET, BY GAS TYPE, 2024–2029 (USD MILLION)
                        TABLE 67 OIL & GAS: NDIR MARKET, BY REGION, 2020–2023 (USD MILLION)
                        TABLE 68 OIL & GAS: NDIR MARKET, BY REGION, 2024–2029 (USD MILLION)
     10.5 HEALTHCARE 
             10.5.1 RISING NEED TO DETECT WASTE ANESTHETIC GASES TO DRIVE DEMAND
                        TABLE 69 HEALTHCARE: NDIR MARKET, BY GAS TYPE, 2020–2023 (USD MILLION)
                        TABLE 70 HEALTHCARE: NDIR MARKET, BY GAS TYPE, 2024–2029 (USD MILLION)
                        TABLE 71 HEALTHCARE: NDIR MARKET, BY REGION, 2020–2023 (USD MILLION)
                        TABLE 72 HEALTHCARE: NDIR MARKET, BY REGION, 2024–2029 (USD MILLION)
     10.6 INDUSTRIAL & MANUFACTURING 
             10.6.1 RISING PRODUCTION OF COMBUSTIBLE AND TOXIC GASES TO BOOST DEMAND
                        TABLE 73 INDUSTRIAL & MANUFACTURING: NDIR MARKET, BY GAS TYPE, 2020–2023 (USD MILLION)
                        TABLE 74 INDUSTRIAL & MANUFACTURING: NDIR MARKET, BY GAS TYPE, 2024–2029 (USD MILLION)
                        TABLE 75 INDUSTRIAL & MANUFACTURING: NDIR MARKET, BY REGION, 2020–2023 (USD MILLION)
                        TABLE 76 INDUSTRIAL & MANUFACTURING: NDIR MARKET, BY REGION, 2024–2029 (USD MILLION)
     10.7 ENVIRONMENTAL 
             10.7.1 GROWING NEED FOR AIR QUALITY MONITORING TO FUEL MARKET
                        TABLE 77 ENVIRONMENTAL: NDIR MARKET, BY GAS TYPE, 2020–2023 (USD MILLION)
                        TABLE 78 ENVIRONMENTAL: NDIR MARKET, BY GAS TYPE, 2024–2029 (USD MILLION)
                        TABLE 79 ENVIRONMENTAL: NDIR MARKET, BY REGION, 2020–2023 (USD MILLION)
                        TABLE 80 ENVIRONMENTAL: NDIR MARKET, BY REGION, 2024–2029 (USD MILLION)
     10.8 FOOD & BEVERAGES 
             10.8.1 INCREASING USE OF CO2 IN FOOD PROCESSING & STORAGE TO DRIVE MARKET
                        TABLE 81 FOOD & BEVERAGES: NDIR MARKET, BY GAS TYPE, 2020–2023 (USD MILLION)
                        TABLE 82 FOOD & BEVERAGES: NDIR MARKET, BY GAS TYPE, 2024–2029 (USD MILLION)
                        TABLE 83 FOOD & BEVERAGES: NDIR MARKET, BY REGION, 2020–2023 (USD MILLION)
                        TABLE 84 FOOD & BEVERAGES: NDIR MARKET, BY REGION, 2024–2029 (USD MILLION)
     10.9 OTHER VERTICALS 
             TABLE 85 OTHER VERTICALS: NDIR MARKET, BY GAS TYPE, 2020–2023 (USD MILLION)
             TABLE 86 OTHER VERTICALS: NDIR MARKET, BY GAS TYPE, 2024–2029 (USD MILLION)
             TABLE 87 OTHER VERTICALS: NDIR MARKET, BY REGION, 2020–2023 (USD MILLION)
             TABLE 88 OTHER VERTICALS: NDIR MARKET, BY REGION, 2024–2029 (USD MILLION)
11 NDIR MARKET, BY REGION (Page No. - 137)
     11.1 INTRODUCTION 
             FIGURE 46 NDIR MARKET, BY REGION
             FIGURE 47 ASIA PACIFIC MARKET TO RECORD HIGHEST CAGR FROM 2024 TO 2029
             TABLE 89 NDIR MARKET: BY REGION, 2020–2023 (USD MILLION)
             TABLE 90 NDIR MARKET: BY REGION, 2024–2029 (USD MILLION)
     11.2 NORTH AMERICA 
             FIGURE 48 NORTH AMERICA: NDIR MARKET SNAPSHOT
             TABLE 91 NORTH AMERICA: NDIR MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
             TABLE 92 NORTH AMERICA: NDIR MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
             TABLE 93 NORTH AMERICA: NDIR MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
             TABLE 94 NORTH AMERICA: NDIR MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
             11.2.1 US
                        11.2.1.1 Increasing air pollution levels to drive demand
             11.2.2 CANADA
                        11.2.2.1 Rising demand in automative sector to fuel market
             11.2.3 MEXICO
                        11.2.3.1 Increasing industrialization to propel demand
             11.2.4 NORTH AMERICA: IMPACT OF RECESSION
     11.3 EUROPE 
             FIGURE 49 EUROPE: NDIR MARKET SNAPSHOT
             TABLE 95 EUROPE: NDIR MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
             TABLE 96 EUROPE: NDIR MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
             TABLE 97 EUROPE: NDIR MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
             TABLE 98 EUROPE: NDIR MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
             11.3.1 GERMANY
                        11.3.1.1 Flourishing automotive industry to drive market
             11.3.2 UK
                        11.3.2.1 High infrastructural growth to boost demand
             11.3.3 FRANCE
                        11.3.3.1 Strict government regulations to drive market
             11.3.4 REST OF EUROPE
             11.3.5 EUROPE: IMPACT OF RECESSION
     11.4 ASIA PACIFIC 
             FIGURE 50 ASIA PACIFIC: NDIR MARKET SNAPSHOT
             TABLE 99 ASIA PACIFIC: NDIR MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
             TABLE 100 ASIA PACIFIC: NDIR MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
             TABLE 101 ASIA PACIFIC: NDIR MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
             TABLE 102 ASIA PACIFIC: NDIR MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
             11.4.1 CHINA
                        11.4.1.1 Increasing demand across industries to drive market
             11.4.2 JAPAN
                        11.4.2.1 Wide adoption of sensors in automotive industry to fuel market
             11.4.3 SOUTH KOREA
                        11.4.3.1 Automotive and consumer electronics industries to boost demand
             11.4.4 REST OF ASIA PACIFIC
             11.4.5 ASIA PACIFIC: IMPACT OF RECESSION
     11.5 REST OF THE WORLD (ROW) 
             TABLE 103 ROW: NDIR MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
             TABLE 104 ROW: NDIR MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
             TABLE 105 ROW: NDIR MARKET, BY REGION, 2020–2023 (USD MILLION)
             TABLE 106 ROW: NDIR MARKET, BY REGION, 2024–2029 (USD MILLION)
             11.5.1 MIDDLE EAST & AFRICA
                        11.5.1.1 Rising demand for HVAC systems to drive market
             11.5.2 SOUTH AMERICA
                        11.5.2.1 Growing use of gas sensors across industries to boost demand
             11.5.3 ROW: IMPACT OF RECESSION
12 COMPETITIVE LANDSCAPE (Page No. - 156)
     12.1 OVERVIEW 
     12.2 STRATEGIES ADOPTED BY KEY PLAYERS/RIGHT TO WIN, 2020–2023 
             TABLE 107 OVERVIEW OF STRATEGIES DEPLOYED BY KEY NDIR MANUFACTURERS, 2020–2023
     12.3 REVENUE ANALYSIS OF KEY PLAYERS IN NDIR MARKET, 2020–2023 
             FIGURE 51 FIVE-YEAR REVENUE ANALYSIS OF KEY PLAYERS IN NDIR MARKET
     12.4 MARKET SHARE ANALYSIS, 2023 
             TABLE 108 NDIR MARKET: DEGREE OF COMPETITION, 2023
             FIGURE 52 MARKET SHARE ANALYSIS
     12.5 COMPANY VALUATION AND FINANCIAL METRICS 
             FIGURE 53 COMPANY VALUATION, 2022 (USD BILLION)
             FIGURE 54 FINANCIAL METRICS (EV/EBITDA), 2023
     12.6 BRAND COMPARISON 
             FIGURE 55 BRAND/PRODUCT COMPARISON
     12.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 
             12.7.1 STARS
             12.7.2 EMERGING LEADERS
             12.7.3 PERVASIVE PLAYERS
             12.7.4 PARTICIPANTS
                        FIGURE 56 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
             12.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
                        12.7.5.1 Company footprint
                                     FIGURE 57 KEY PLAYERS: OVERALL FOOTPRINT
                        12.7.5.2 Region footprint
                                     TABLE 109 KEY PLAYERS: REGION FOOTPRINT
                        12.7.5.3 Vertical footprint
                                     TABLE 110 KEY PLAYERS: VERTICAL FOOTPRINT
                        12.7.5.4 Gas type footprint
                                     TABLE 111 KEY PLAYERS: GAS TYPE FOOTPRINT
                        12.7.5.5 Application footprint
                                     TABLE 112 KEY PLAYERS: APPLICATION FOOTPRINT
     12.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023 
             12.8.1 PROGRESSIVE COMPANIES
             12.8.2 RESPONSIVE COMPANIES
             12.8.3 DYNAMIC COMPANIES
             12.8.4 STARTING BLOCKS
                        FIGURE 58 COMPANY EVALUATION MATRIX: SMES/STARTUPS, 2023
             12.8.5 COMPETITIVE BENCHMARKING: KEY STARTUPS/SMES, 2023
                        12.8.5.1 Key startups/SMEs
                                     TABLE 113 NDIR MARKET:KEY STARTUPS/SMES
                        12.8.5.2 Competitive benchmarking of key startups/SMEs
                                     TABLE 114 NDIR MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
     12.9 COMPETITIVE SCENARIO AND TRENDS 
             12.9.1 PRODUCT LAUNCHES
                        TABLE 115 NDIR MARKET: PRODUCT LAUNCHES, FEBUARY 2021−APRIL 2024
             12.9.2 DEALS
                        TABLE 116 NDIR MARKET: DEALS, FEBRUARY 2021–APRIL 2024
13 COMPANY PROFILES (Page No. - 176)
(Business Overview, Products Offered, Recent Developments, MnM View Right to win, Strategic choices made, Weaknesses and competitive threats) *  
     13.1 KEY PLAYERS 
             13.1.1 AMPHENOL CORPORATION
                        TABLE 117 AMPHENOL CORPORATION: COMPANY OVERVIEW
                        FIGURE 59 AMPHENOL CORPORATION: COMPANY SNAPSHOT
                        TABLE 118 AMPHENOL CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 119 AMPHENOL CORPORATION: DEALS
             13.1.2 HONEYWELL INTERNATIONAL INC.
                        TABLE 120 HONEYWELL INTERNATIONAL INC.: COMPANY OVERVIEW
                        FIGURE 60 HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT
                        TABLE 121 HONEYWELL INTERNATIONAL INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 122 HONEYWELL INTERNATIONAL INC.: PRODUCT LAUNCHES
                        TABLE 123 HONEYWELL INTERNATIONAL INC.: DEALS
             13.1.3 YOKOGAWA ELECTRIC CORPORATION
                        TABLE 124 YOKOGAWA ELECTRIC CORPORATION: COMPANY OVERVIEW
                        FIGURE 61 YOKOGAWA ELECTRIC CORPORATION: COMPANY SNAPSHOT
                        TABLE 125 YOKOGAWA ELECTRIC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 126 YOKOGAWA ELECTRIC CORPORATION: PRODUCT LAUNCHES
                        TABLE 127 YOKOGAWA ELECTRIC CORPORATION: DEALS
             13.1.4 EMERSON ELECTRIC CO.
                        TABLE 128 EMERSON ELECTRIC CO.: COMPANY OVERVIEW
                        FIGURE 62 EMERSON ELECTRIC CO.: COMPANY SNAPSHOT
                        TABLE 129 EMERSON ELECTRIC CO.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 130 EMERSON ELECTRIC CO.: PRODUCT LAUNCHES
             13.1.5 SENSEAIR - AN ASAHI KASEI GROUP COMPANY
                        TABLE 131 SENSAIR - AN ASAHI KASEI GROUP COMPANY: COMPANY OVERVIEW
                        TABLE 132 SENSEAIR – AN ASAHI KASEI GROUP COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 133 SENSEAIR – AN ASAHI KASEI GROUP COMPANY: PRODUCT LAUNCHES
             13.1.6 FUJI ELECTRIC CO., LTD.
                        TABLE 134 FUJI ELECTRIC CO., LTD.: COMPANY OVERVIEW
                        FIGURE 63 FUJI ELECTRIC CO., LTD.: COMPANY SNAPSHOT
                        TABLE 135 FUJI ELECTRIC CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             13.1.7 MSA
                        TABLE 136 MSA: COMPANY OVERVIEW
                        FIGURE 64 MSA: COMPANY SNAPSHOT
                        TABLE 137 MSA: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 138 MSA: PRODUCT LAUNCHES
             13.1.8 S+S REGELTECHNIK
                        TABLE 139 S+S REGELTECHNIK: COMPANY OVERVIEW
                        TABLE 140 S+S REGELTECHNIK: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 141 S+S REGELTECHNIK: DEALS
             13.1.9 ELT SENSOR
                        TABLE 142 ELT SENSOR: COMPANY OVERVIEW
                        TABLE 143 ELT SENSOR: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             13.1.10 WINSEN
                        TABLE 144 WINSEN: COMPANY OVERVIEW
                        TABLE 145 WINSEN: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 146 WINSEN: PRODUCT LAUNCHES
     13.2 OTHER PLAYERS 
             13.2.1 PROCESS SENSING TECHNOLOGIES
             13.2.2 FIGARO ENGINEERING INC.
             13.2.3 N.E.T. SRL - P.IVA.
             13.2.4 SMARTGAS MIKROSENSORIK
             13.2.5 SIA MIPEX
             13.2.6 CUBIC SENSOR AND INSTRUMENT CO., LTD.
             13.2.7 SHENZHEN MINDRAY BIO-MEDICAL ELECTRONICS
             13.2.8 SENSIRION AG
             13.2.9 M-U-T GMBH
             13.2.10 DRAGERWERK AG & CO. KGAA
             13.2.11 EDINBURGH INSTRUMENTS LTD.
             13.2.12 ELICHENS
             13.2.13 ALPHASENSE
             13.2.14 ANALOX GROUP
             13.2.15 GSS
*Details on Business Overview, Products Offered, Recent Developments, MnM View, Right to win, Strategic choices made, Weaknesses and competitive threats might not be captured in case of unlisted companies.  
14 APPENDIX (Page No. - 225)
     14.1 INSIGHTS OF INDUSTRY EXPERTS 
     14.2 DISCUSSION GUIDE 
     14.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 
     14.4 CUSTOMIZATION OPTIONS 
     14.5 RELATED REPORTS 
     14.6 AUTHOR DETAILS