SWIR Camera Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of SWIR Camera Market
The SWIR camera market size was valued at USD 178.9 million in 2019, and the market is now projected to USD 419.0 million by 2027, exhibiting a CAGR of 11.4% during the forecast period of 2020-2027.
The COVID-19 pandemic has generated significant opportunities on the SWIR camera market. The interest on thermal imaging and SWIR InGaAs cameras had increased which has propelled the market growth. The device can interpret heat signatures and is generally used in industries and military sectors. The organizations have deployed the device to manage the pandemic and to assess the disease. The device helped in identifying the variations of temperature and helped authorities to form strategies to limit the spread of the virus during the pandemic. Thus, the demand for the product has amplified which bolster the market growth.
The SWIR camera market share globally has increased because of the advancement in the agriculture sector. The cameras are widely used in the agricultural sector along with the military. The system recommends nursery control, irrigation preparation, soil salinity identification and many other functions. These benefits are pushing demand for the product. The product enables the researchers and farmers to tackle the drought challenges and plant health risks. They offer assistance regarding crop conditions and to settle the problems such as nutritional shortage of moistures stress before they cause losses for longer-term.
The market trend is the growing utilization of the device for machine vision and quality inspection activities are boosting the market growth. The shortwave infrared imaging is equipped for the non-destruction detection of the objects and their structure and coating. They are smaller in size and lighter in weight as compared to other thermal cameras and are much less costly. Hence, there is high attraction of customers for using the devices which is impelling the market growth.
Comprehensive Analysis of SWIR Camera Market
The SWIR camera market and information & communication technology industry is rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessment considering the dominant supply and demand forces that impact the information & communication technology industry. These segmentations are methodically segregated by product, application, and end-user. The products are SWIR Linear Camera and SWIR area camera. The applications involve inspection and quality control, security and surveillance, astronomy, thermography, spectroscopy, and others. The end-users are industrial manufacturing, aerospace and defense, scientific research and life science, and others.
The North American region is conducive to the global SWIR camera market, leading to a recall of USD 60.0 million due to the high demand for the thermal imaging equipment across a range of law enforcement operations and the advanced technologies integration are supporting market growth.
The top players in the market play a critical role in the information & communication technology industry assuring industrial prospectus growth and setting market standards. These players include Allied Vision Technologies GmbH (Stadtroda, Germany), FLIR Systems, Inc. (Oregon, United States), Hamamatsu Photonics K.K. (Hamamatsu City, Japan), InView Technology Corporation (Austin, Texas), IR Cameras LLC (Santa Barbara, United States), Leonardo DRS (Virginia, United States), Lynred (Palaiseau, France), New Imaging Technologies (NIT) (Verrières-le-Buisson, France), Princeton Infrared Technologies, Inc. (Monmouth Junction, New Jersey), Raptor Photonics (Antrim, Northern Ireland), Sierra-Olympic Systems, Inc. (Hood River, Oregon), Teledyne Princeton Instruments (New Jersey, United States), and Xenics (Heverlee, Leuven, Belgium), these market players provide a level-playing competitive landscape.
In February 2020, Teledyne Princeton Instruments, one of the leading providers of semiconductor products, upgraded its NIRvana SWIR portfolio with the introduction of NIRvana HS. The novel NIRvana HS camera offers a unique combination of features with enhanced image quality for scientific and manufacturing purposes.
Global SWIR Camera Market Scope
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2016 – 2027
Base Year 2019
Forecast Period 2020 – 2027
Historical Period 2016 – 2018
Unit Value (USD million)
By ProductSWIR Linear Camera
SWIR Area Camera
By ApplicationInspection and Quality Control
Security and Surveillance
Astronomy
Thermography
Spectroscopy
Others
By End-userIndustrial Manufacturing
Aerospace and Defense
Scientific Research and Life Sciences
Others
By RegionNorth America (the U.S. and Canada)
Europe (the U.K., Germany, France, Russia, and Rest of Europe)
Asia-Pacific (Japan, China, Korea, India, Southeast Asia, and Rest of Asia-Pacific)
The Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa)
Latin America (Brazil, Mexico, and Rest of Latin America)
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- 1. Introduction
- 1.1. Definition, By Segment
- 1.2. Research Approach
- 1.3. Sources
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Drivers, Restraints, and Opportunities
- 3.2. Emerging Trends
- 4. Key Insights
- 4.1. Macro and Micro Economic Indicators
- 4.2. Consolidated SWOT Analysis of Key Players
- 4.3. Impact of COVID-19
- 4.3.1. Short-term Impact
- 4.3.2. Long-term Impact
- 4.4. Key Industry Developments – In Response to the COVID-19 Impact
- 5. Global SWIR Camera Market Analysis, Insights and Forecast, 2016-2027
- 5.1. Key Findings / Summary
- 5.2. Market Size Estimates and Forecasts
- 5.2.1. By Product (Value)
- 5.2.1.1. SWIR Linear Camera
- 5.2.1.2. SWIR Area Camera
- 5.2.2. By Application (Value)
- 5.2.2.1. Inspection and Quality Control
- 5.2.2.2. Security and Surveillance
- 5.2.2.3. Astronomy
- 5.2.2.4. Thermography
- 5.2.2.5. Spectroscopy
- 5.2.2.6. Others
- 5.2.3. By End-User (Value)
- 5.2.3.1. Industrial Manufacturing
- 5.2.3.2. Aerospace and Defense
- 5.2.3.3. Scientific Research and Life Sciences
- 5.2.3.4. Others
- 5.2.4. By Region (Value)
- 5.2.4.1. North America
- 5.2.4.2. Europe
- 5.2.4.3. Asia Pacific
- 5.2.4.4. Middle East and Africa
- 5.2.4.5. Latin America
- 6. North America SWIR Camera Market Analysis, Insights and Forecast, 2016-2027
- 6.1. Key Findings / Summary
- 6.2. Market Size Estimates and Forecasts
- 6.2.1. By Product (Value)
- 6.2.1.1. SWIR Linear Camera
- 6.2.1.2. SWIR Area Camera
- 6.2.2. By Application (Value)
- 6.2.2.1. Inspection and Quality Control
- 6.2.2.2. Security and Surveillance
- 6.2.2.3. Astronomy
- 6.2.2.4. Thermography
- 6.2.2.5. Spectroscopy
- 6.2.2.6. Others
- 6.2.3. By End-User (Value)
- 6.2.3.1. Industrial Manufacturing
- 6.2.3.2. Aerospace and Defense
- 6.2.3.3. Scientific Research and Life Sciences
- 6.2.3.4. Others
- 6.2.4. By Country (Value)
- 6.2.4.1. US
- 6.2.4.2. Canada
- 7. Europe SWIR Camera Market Analysis, Insights and Forecast, 2016-2027
- 7.1. Key Findings / Summary
- 7.2. Market Size Estimates and Forecasts
- 7.2.1. By Product (Value)
- 7.2.1.1. SWIR Linear Camera
- 7.2.1.2. SWIR Area Camera
- 7.2.2. By Application (Value)
- 7.2.2.1. Inspection and Quality Control
- 7.2.2.2. Security and Surveillance
- 7.2.2.3. Astronomy
- 7.2.2.4. Thermography
- 7.2.2.5. Spectroscopy
- 7.2.2.6. Others
- 7.2.3. By End-User (Value)
- 7.2.3.1. Industrial Manufacturing
- 7.2.3.2. Aerospace and Defense
- 7.2.3.3. Scientific Research and Life Sciences
- 7.2.3.4. Others
- 7.2.4. By Country (Value)
- 7.2.4.1. Germany
- 7.2.4.2. UK
- 7.2.4.3. France
- 7.2.4.4. Russia
- 7.2.4.5. Rest of Europe
- 8. Asia Pacific SWIR Camera Market Analysis, Insights and Forecast, 2016-2027
- 8.1. Key Findings / Summary
- 8.2. Market Size Estimates and Forecasts
- 8.2.1. By Product (Value)
- 8.2.1.1. SWIR Linear Camera
- 8.2.1.2. SWIR Area Camera
- 8.2.2. By Application (Value)
- 8.2.2.1. Inspection and Quality Control
- 8.2.2.2. Security and Surveillance
- 8.2.2.3. Astronomy
- 8.2.2.4. Thermography
- 8.2.2.5. Spectroscopy
- 8.2.2.6. Others
- 8.2.3. By End-User (Value)
- 8.2.3.1. Industrial Manufacturing
- 8.2.3.2. Aerospace and Defense
- 8.2.3.3. Scientific Research and Life Sciences
- 8.2.3.4. Others
- 8.2.4. By Country (Value)
- 8.2.4.1. China
- 8.2.4.2. Japan
- 8.2.4.3. Korea
- 8.2.4.4. India
- 8.2.4.5. Southeast Asia
- 8.2.4.6. Rest of Asia-Pacific
- 9. Middle East and Africa SWIR Camera Market Analysis, Insights and Forecast, 2016-2027
- 9.1. Key Findings / Summary
- 9.2. Market Size Estimates and Forecasts
- 9.2.1. By Product (Value)
- 9.2.1.1. SWIR Linear Camera
- 9.2.1.2. SWIR Area Camera
- 9.2.2. By Application (Value)
- 9.2.2.1. Inspection and Quality Control
- 9.2.2.2. Security and Surveillance
- 9.2.2.3. Astronomy
- 9.2.2.4. Thermography
- 9.2.2.5. Spectroscopy
- 9.2.2.6. Others
- 9.2.3. By End-User (Value)
- 9.2.3.1. Industrial Manufacturing
- 9.2.3.2. Aerospace and Defense
- 9.2.3.3. Scientific Research and Life Sciences
- 9.2.3.4. Others
- 9.2.4. By Country (Value)
- 9.2.4.1. GCC
- 9.2.4.2. South Africa
- 9.2.4.3. Rest of Middle East & Africa
- 10. Latin America SWIR Camera Market Analysis, Insights and Forecast, 2016-2027
- 10.1. Key Findings / Summary
- 10.2. Market Size Estimates and Forecasts
- 10.2.1. By Product (Value)
- 10.2.1.1. SWIR Linear Camera
- 10.2.1.2. SWIR Area Camera
- 10.2.2. By Application (Value)
- 10.2.2.1. Inspection and Quality Control
- 10.2.2.2. Security and Surveillance
- 10.2.2.3. Astronomy
- 10.2.2.4. Thermography
- 10.2.2.5. Spectroscopy
- 10.2.2.6. Others
- 10.2.3. By End-User (Value)
- 10.2.3.1. Industrial Manufacturing
- 10.2.3.2. Aerospace and Defense
- 10.2.3.3. Scientific Research and Life Sciences
- 10.2.3.4. Others
- 10.2.4. By Country (Value)
- 10.2.4.1. Brazil
- 10.2.4.2. Mexico
- 10.2.4.3. Rest of Latin America
- 11. Competition Matrix
- 11.1. Business Strategies Adopted by Leading Players
- 12. Global SWIR Camera Market Revenue Share Analysis, 2019
- 13. Company Profile (For Key 10 Players)
- 13.1. New Imaging Technologies (NIT)
- 13.1.1. Overview
- 13.1.2. Description
- 13.1.3. Product Portfolio
- 13.2. FLIR Systems Inc.
- 13.2.1. Overview
- 13.2.2. Description
- 13.2.3. Product Portfolio
- 13.3. Teledyne Princeton Instruments
- 13.3.1. Overview
- 13.3.2. Description
- 13.3.3. Product Portfolio
- 13.4. Xenics
- 13.4.1. Overview
- 13.4.2. Description
- 13.4.3. Product Portfolio
- 13.5. Allied Vision Technologies GmbH
- 13.5.1. Overview
- 13.5.2. Description
- 13.5.3. Product Portfolio
- 13.6. Lynred
- 13.6.1. Overview
- 13.6.2. Description
- 13.6.3. Product Portfolio
- 13.7. Raptor Photonics
- 13.7.1. Overview
- 13.7.2. Description
- 13.7.3. Product Portfolio
- 13.8. Leonardo DRS
- 13.8.1. Overview
- 13.8.2. Description
- 13.8.3. Product Portfolio
- 13.9. InView Technology Corporation
- 13.9.1. Overview
- 13.9.2. Description
- 13.9.3. Product Portfolio
- 13.10. IRCameras LLC
- 13.10.1. Overview
- 13.10.2. Description
- 13.10.3. Product Portfolio
- 13.11. Sierra-Olympic Systems, Inc.
- 13.11.1. Overview
- 13.11.2. Description
- 13.11.3. Product Portfolio
- 13.12. Princeton Infrared Technologies, Inc.
- 13.12.1. Overview
- 13.12.2. Description
- 13.12.3. Product Portfolio
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