Global Short Wave Infrared (SWIR) Market Growth 2023-2029

Global Short Wave Infrared (SWIR) Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “Short Wave Infrared (SWIR) Industry Forecast” looks at past sales and reviews total world Short Wave Infrared (SWIR) sales in 2022, providing a comprehensive analysis by region and market sector of projected Short Wave Infrared (SWIR) sales for 2023 through 2029. With Short Wave Infrared (SWIR) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Short Wave Infrared (SWIR) industry.

This Insight Report provides a comprehensive analysis of the global Short Wave Infrared (SWIR) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Short Wave Infrared (SWIR) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Short Wave Infrared (SWIR) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Short Wave Infrared (SWIR) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Short Wave Infrared (SWIR).

The global Short Wave Infrared (SWIR) market size is projected to grow from US$ 188.8 million in 2022 to US$ 364.5 million in 2029; it is expected to grow at a CAGR of 364.5 from 2023 to 2029.

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%.

This report presents a comprehensive overview, market shares, and growth opportunities of Short Wave Infrared (SWIR) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
SWIR Area Scan Camera
SWIR Line Scan Camera

Segmentation by application
Industrial Application
Military and Defense
Scientific Research
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Short Wave Infrared (SWIR) market?

What factors are driving Short Wave Infrared (SWIR) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Short Wave Infrared (SWIR) market opportunities vary by end market size?

How does Short Wave Infrared (SWIR) break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.