Global Short Wave Infrared (SWIR) Market Size, Manufacturers, Opportunities and Forecast to 2030

Global Short Wave Infrared (SWIR) Market Size, Manufacturers, Opportunities and Forecast to 2030

Sensing in the shortwave infrared (SWIR) range (wavelengths from 0.9 to 1.7 microns) has only recently been made practical by the development of Indium Gallium Arsenide (InGaAs) sensors.

Short-wave infrared (SWIR) light is typically defined as light in the 0.9 – 1.7μm wavelength range, but can also be classified from 0.7 – 2.5μm. Since silicon sensors have an upper limit of approximately 1.0μm, SWIR imaging requires unique optical and electronic components capable of performing in the specific SWIR range. Sensing in the shortwave infrared (SWIR) range (wavelengths from 0.9 to 1.7 microns) has only recently been made practical by the development of Indium Gallium Arsenide (InGaAs) sensors.

Unlike Mid-Wave Infrared (MWIR) and Long-Wave Infrared (LWIR) light, which is emitted from the object itself, SWIR is similar to visible light in that photons are reflected or absorbed by an object, providing the strong contrast needed for high resolution imaging. Ambient star light and background radiance (nightglow) are natural emitters of SWIR and provide excellent illumination for outdoor, nighttime imaging.

It is essential to use a lens that is designed, optimized, and coated for the SWIR wavelength range. Using a lens designed for the visible spectrum will result in lower resolution images and higher optical aberrations. Since SWIR wavelengths transmit through glass, lenses, and other optical components (optical filters, windows, etc.) designed for SWIR can be manufactured using the same techniques used for visible components, decreasing manufacturing cost and enabling the use of protective windows and filters within a system.

A large number of applications that are difficult or impossible to perform using visible light are possible using SWIR. When imaging in SWIR, water vapor, fog, and certain materials such as silicon are transparent. Additionally, colors that appear almost identical in the visible may be easily differentiated using SWIR.

SWIR imaging is used in a variety of applications including electronic board inspection, solar cell inspection, produce inspection, identifying and sorting, surveillance, anti-counterfeiting, process quality control, and much more. To understand the benefits of SWIR imaging, consider some visual examples of common, everyday products imaged with visible light and with SWIR.

According to APO Research, The global Short Wave Infrared (SWIR) market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

In the global Short Wave Infrared (SWIR) market, the key players are like Teledyne Technologies, Hamamatsu Photonics, Xenics, First Light, Fluxdata, etc. Top five players hold a share about 54%. In terms of consumption of Short Wave Infrared (SWIR), North America is the largest consumption market, with a share about 35%. In terms of product, SWIR Area Scan Camera is the largest segment, with a share about 75%. And in terms of application, the largest application is Industrial Application and Military and Defense, both with a share about 25%.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Short Wave Infrared (SWIR), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Short Wave Infrared (SWIR).

The Short Wave Infrared (SWIR) market size, estimations, and forecasts are provided in terms of sales volume (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Short Wave Infrared (SWIR) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

FLIR Systems
Hamamatsu Photonics
Sensors Unlimited
Teledyne Technologies
Xenics
Allied Vision Technologies
Raptor Photonics
IRCameras
New Imaging Technologies
First Light
GuoHui OPTO-electronic
Infiniti Electro-Optics
SWIR Vision Systems
Photonic Science

Short Wave Infrared (SWIR) segment by Type

SWIR Area Scan Camera
SWIR Line Scan Camera

Short Wave Infrared (SWIR) segment by Application

Industrial Application

Military and Defense
Scientific Research
Others

Short Wave Infrared (SWIR) Segment by Region

North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Colombia
Middle East & Africa
Turkey
Saudi Arabia
UAE

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Short Wave Infrared (SWIR) market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Short Wave Infrared (SWIR) and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Short Wave Infrared (SWIR).
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Short Wave Infrared (SWIR) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Short Wave Infrared (SWIR) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.