Global Shortwave Infrared (SWIR) Camera Market Growth 2023-2029

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

This Insight Report provides a comprehensive analysis of the global Shortwave Infrared (SWIR) Camera 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 Shortwave Infrared (SWIR) Camera portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Shortwave Infrared (SWIR) Camera market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Shortwave Infrared (SWIR) Camera 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 Shortwave Infrared (SWIR) Camera.

The global Shortwave Infrared (SWIR) Camera market size is projected to grow from US$ 142.3 million in 2022 to US$ 258.9 million in 2029; it is expected to grow at a CAGR of 258.9 from 2023 to 2029.

The report segments the SWIR Cameras market on the basis of scanning type, technology, vertical, and geography. The said market is expected to be led by uncooled SWIR Cameras during the forecast period. The high popularity of these cameras can be attributed to their low cost in comparison with cooled SWIR Cameras.

The industrial vertical accounted for the largest share of the overall SWIR Cameras market. The high adoption of SWIR Cameras in this vertical for various applications, including semiconductor inspection, thermography, and solar cell inspection, has led to the dominance of the industrial vertical in the SWIR Cameras market.

The market for line scan SWIR Cameras is expected to witness significant growth during the forecast period. The major applications of line scan cameras are in the industrial vertical. These cameras are well suited for applications requiring imaging of fast-moving objects, and their cost is lower than that of area scan cameras, thereby leading to their wide adoption in the industrial vertical.

North America held the largest size of the SWIR Cameras market in 2016 and is expected to witness significant growth during the forecast period. Military and defense, industrial, and commercial are the major verticals that account for a significant share of the SWIR Cameras market in North America. Besides, this region is witnessing increasing demand for these cameras, especially cooled SWIR Cameras, from the scientific research vertical.

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

Market Segmentation:

Segmentation by type
SWIR Area Cameras
SWIR Linear Cameras

Segmentation by application
Industrial
Military & 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
Xenics
Princeton Instruments
Allied Vision Technologies
IRCameras
Fluxdata
InView Technology
New Imaging Technologies
Photonic Science
Infiniti Electro-Optics

Key Questions Addressed in this Report

What is the 10-year outlook for the global Shortwave Infrared (SWIR) Camera market?

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

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

How do Shortwave Infrared (SWIR) Camera market opportunities vary by end market size?

How does Shortwave Infrared (SWIR) Camera 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.