The global non-dispersive infrared (NDIR) market, valued at USD 650 million in 2023, is poised for significant growth over the next decade. With an estimated compound annual growth rate (CAGR) of 6.8%, the market is expected to reach USD 1.4 billion by 2034. This growth is underpinned by several key factors, including the high performance of NDIR technology in HVAC systems, advancements in NDIR...
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