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Shortwave Infrared (SWIR) - Global Market Outlook (2019 -2027)

Shortwave Infrared (SWIR) - Global Market Outlook (2019 -2027)

4.9 (47 reviews)
Published: August 2020 ID: SMRC19727
4.9 (47 reviews)
Published: August 2020 ID: SMRC19727

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Shortwave Infrared (SWIR) Market is accounted for $163.70 million in 2019 and is expected to reach $379.99 million by 2027 growing at a CAGR of 11.1% during the forecast period. Rise in adoption of SWIR cameras in military & defense sector and increase in use of SWIR cameras in machine vision applications are the major factors propelling the market growth. However, stringent regulations associated to import and export of SWIR cameras is hampering the market growth.

Shortwave infrared cameras are standalone device used to detect radiation which is unseen to the human eye. Shortwave Infrared waveband has some unique merits that make it a useful band for sensing. For imaging application, the Shortwave infrared can individually work in the dark as infrared sensors even though the signal is reflected off the subject.

Based on the end user, the non-industrial segment is estimated to have a lucrative growth in the forecast period. SWIR technology has an enormous expansion in applications such as scientific investigate and healths check. SWIR technology is significant for each application mentioned and is broadly used, which is likely to lead to the maximum expansion rate of this segment during the estimate period.

By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the numerous manufacturing capabilities of the region. SWIR detectors are used in the manufacturing process of food & beverage, electronics, and glass and security & surveillance. Considering the tensions between India, Pakistan, and China, the command for SWIR technology is increasing from the military & defense sector of these countries for installations at borders for monitoring and security applications.

Some of the key players profiled in the Shortwave Infrared (SWIR) Market include IRCameras LLC, Raptor Photonics, Princeton Infrared Technologies, Inc., Sierra-Olympic Systems, Inc., Hamamatsu Photonics K.K., Sensors Unlimited (United Technologies Company), Teledyne Princeton Instruments, Xenics, Leonardo DRS, Sofradir, Allied Vision Technologies GmbH, InView Technology Corporation, Flir Systems Inc., New Imaging Technologies and Photon Etc.

Scanning Types Covered:
• Area Scan
• Line Scan

Materials Covered:
• Indium Antimonide
• Indium Gallium Arsenide
• Lead Sulfide
• Mercury Cadmium Telluride  

Technologies Covered:
• Uncooled
• Cooled

Applications Covered:
• Detection
• Monitoring & Inspection
• Security & Surveillance
• Machine Vision
• Vehicle Navigation
• Material Processing
• Thermal Imaging
• Hyperspectral Imaging
• Civil Infrastructure
• Identifying and Sorting

End Users Covered:
• Industrial
• Non-industrial

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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