Global Shortwave Infrared (SWIR) Market Growth 2024-2030
According to our LPI (LP Information) latest study, the global Shortwave Infrared (SWIR) market size was valued at US$ 666.1 million in 2023. With growing demand in downstream market, the Shortwave Infrared (SWIR) is forecast to a readjusted size of US$ 1171.8 million by 2030 with a CAGR of 8.4% during review period.
The research report highlights the growth potential of the global Shortwave Infrared (SWIR) market. Shortwave Infrared (SWIR) are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Shortwave Infrared (SWIR). Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Shortwave Infrared (SWIR) market.
Shortwave 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. Shortwave infrared (SWIR) defines a specific wavelength range over which optical and electronic components are designed and coated. SWIR imaging offers a number of advantages compared to visible when used for inspection, sorting, surveillance, quality control, and host of other applications.
North America held the largest size of the SWIR market in 2017 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 market in North America. Besides, this region is witnessing increasing demand for these cameras, especially cooled SWIR cameras, from the scientific research vertical.
Key Features:
The report on Shortwave Infrared (SWIR) market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Shortwave Infrared (SWIR) market. It may include historical data, market segmentation by Type (e.g., Area Scan, Line Scan), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Shortwave Infrared (SWIR) market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Shortwave Infrared (SWIR) market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Shortwave Infrared (SWIR) industry. This include advancements in Shortwave Infrared (SWIR) technology, Shortwave Infrared (SWIR) new entrants, Shortwave Infrared (SWIR) new investment, and other innovations that are shaping the future of Shortwave Infrared (SWIR).
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Shortwave Infrared (SWIR) market. It includes factors influencing customer ' purchasing decisions, preferences for Shortwave Infrared (SWIR) product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Shortwave Infrared (SWIR) market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Shortwave Infrared (SWIR) market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Shortwave Infrared (SWIR) market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Shortwave Infrared (SWIR) industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Shortwave Infrared (SWIR) market.
Market Segmentation:
Shortwave Infrared (SWIR) market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Area Scan
Line Scan
Segmentation by application
Scientific Research
Commercial
Industrial
Medical
Military & Defense
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.
Sensors Unlimited
Flir Systems
Xenics
New Imaging Technologies
Allied Vision Technologies
Raptor Photonics
Sofradir Group
Princeton Instruments
Photon Etc
Hamamatsu Photonics
Key Questions Addressed in this Report
What is the 10-year outlook for the global Shortwave Infrared (SWIR) market?
What factors are driving Shortwave Infrared (SWIR) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Shortwave Infrared (SWIR) market opportunities vary by end market size?
How does Shortwave Infrared (SWIR) break out type, application?
Please note: The report will take approximately 2 business days to prepare and deliver.