Shortwave Infrared (SWIR) Market by Camera, Lenses, Spectral Imaging, Area & Line Scan, Active & Passive Thermal Imaging, Pushbroom, Snapshot, Security & Surveillance, Monitoring & Inspection, Technology, Vertical and Region – Global Forecast to 2029

Shortwave Infrared (SWIR) Market by Camera, Lenses, Spectral Imaging, Area & Line Scan, Active & Passive Thermal Imaging, Pushbroom, Snapshot, Security & Surveillance, Monitoring & Inspection, Technology, Vertical and Region – Global Forecast to 2029

The global SWIR market is expected to be valued at USD 631 million in 2024 and is projected to reach USD 1,068 million by 2029 and grow at a CAGR of 11.1% from 2024 to 2029. In automotive, aerospace & defense, industrial, etc., the demand for SWIR imagers is fuelling market demand. Excellent in low-light conditions, SWIR reveals characteristics, such as moisture levels and material properties, that allow for detail-rich inspections and monitoring to take place. With the ability to capture accurate 3D images, this provides support to further advanced applications in robotics and automation, hence underlining the necessity of SWIR technology in any industry demanding high-quality, reliable data.

“Non-industrial to account for the highest market share by vertical in the SWIR market.”

Industries like automotive and aerospace rely on calculated, precise quality control and inspection. With increased manufacturing and varied demands of the market, higher levels of precision are demanded, which can be catered by SWIR. These SWIR imagers provide the capabilities needed to meet the market requirements. Furthermore, increased automation in manufacturing is further set to fuel the growth of the SWIR market. SWIR allows quality control and the detecting of defects in electronics and semiconductors. For oil and gas applications, it monitors equipment and detects leaks. These features and performances make it strategic for such high-tech and safety-oriented industries.

“Security & surveillance by use case to account for second-highest CAGR in SWIR during the forecast period.”

SWIR imagers are utilized by a few businesses like aviation, defense, investigative research facilities, and scientific research. They are highly regarded for identifying little disturbances in separations with high accuracy, vital to maintaining required levels. Businesses are progressively keeping up with the high benchmarks and quality control. Advanced imaging devices such as SWIR imagers are anticipated to drive market growth. SWIR cameras ensure superior imaging under low-light conditions and in adverse conditions. Therefore, they are highly effective in night-time or obscured surveillance applications. Growing security concerns automatically increase the demand for advanced surveillance solutions. SWIR technology enables detecting and identifying an object or a person in any setting—critical in security applications.

“Uncooled by technology to account second highest market share in SWIR market during the forecast period.”

Businesses progressively are embracing SWIR in fabricating forms such as semiconductor creation and automotive building. SWIR offer higher quality control and inspection in measuring disturbances in separations, and positions, which are vital for fabricating forms keeping up quality benchmarks and compliances. As businesses work towards higher benchmarks and least resistances, demand for advanced imaging solutions is anticipated to rise booting showcase development.

“North American region growing at second highest CAGR in SWIR market.”

The SWIR market in North America is projected to experience the second-highest CAGR mainly because of substantial investments in manufacturing technologies, particularly in the aerospace, defense, and automotive industries. The involvement of technology firms and research organizations also promotes the use of precise, advanced imaging tools. Moreover, the region's emphasis on automation and quality assurance contributes to the growing need for SWIR to maintain product precision and effectiveness.

The study contains insights from various industry experts, from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:

By Company Type: Tier 1 – 38%, Tier 2 – 28%, and Tier 3 – 34%

By Designation: C-level Executives – 40%, Directors – 30%, and Others – 30%

By Region: North America – 35%, Europe –35%, Asia Pacific – 20%, and RoW – 10%

The key players operating in the SWIR market are Collins Aerospace (US), Corning Incorporated (US), Allied Vision Technologies GmbH (Germany), Teledyne FLIR LLC (US), and Leonardo DRS (US), and others.

Research Coverage:

The research reports the SWIR market has been segmented based on imaging type, by offering, by technology, by use-case, by vertical, and by region. Based on imaging type, the market has been segmented into spectral, thermal, and hyperspectral imaging. Based on offering, the market has been segmented into modules, cameras, and others. Based on technology, the market has been segmented into cooled and uncooled. Based on the case, the market has been segmented into security & surveillance, monitoring & inspection, and detection. Based on vertical, the market has been segmented into industrial and non-industrial. The market by region has been segmented into North America, Europe, Asia Pacific, and RoW.

The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the retail automation market. A detailed analysis of the key industry players has been done to provide insights into their business overviews, products, key strategies, contracts, partnerships, and agreements. New product & and service launches, mergers and acquisitions, and recent developments associated with the SWIR market have been covered in the report. This report covers a competitive analysis of upcoming startups in the SWIR market ecosystem.

Key Benefits of Buying the Report

Analysis of key drivers (Enhanced vision and 3D sensing by SWIR in automotive vertical, Rising security concerns), restraints (Less signal-to-noise ratio of SWIR Cameras, temperature influence on image quality), opportunities (Use in disaster management and response, Potential of SWIR in smartphones), and challenges (Lower resolution and pixel count of SWIR imagers, Fundamental limits in FOV) influencing the growth of the SWIR market.

Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the SWIR market.

Market Development: Comprehensive information about lucrative markets – the report analyses the SWIR market across varied regions.

Market Diversification: Exhaustive information about new products/services, untapped geographies, recent developments, and investments in the SWIR market.

Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Collins Aerospace (US), Teledyne FLIR LLC (US), Leonardo DRS (US), Allied Vision Technologies (Germany), and Corning Incorporated (US), etc.

Tables List

Table 1 Swir Market: Research Assumptions

Table 2 Swir Market: Risk Analysis

Table 3 Role Of Companies In Swir Ecosystem

Table 4 Average Selling Price Trend Of Swir Cameras Offered By Key Players, By Offering (Usd Thousand)

Table 5 Indicative Pricing Trend Of Swir Cameras, By Imaging Type,

2020–2023 (Usd Thousand)

Table 6 Indicative Pricing Trend Of Swir Cameras, By Region,

2020–2023 (Usd Thousand)

Table 7 Porter’s Five Forces Analysis

Table 8 Influence Of Stakeholders On Buying Process For Top Three Use Cases

Table 9 Key Buying Criteria For Top Three Use Cases

Table 10 Import Data For Hs Code 902750-compliant Products, By Country, 2019–2023 (Usd Million)

Table 11 Export Data For Hs Code 902750-compliant Products,

By Country, 2019–2023 (Usd Million)

Table 12 List Of Major Patents, 2020–2024

Table 13 List Of Key Conferences And Events, 2024–2025

Table 14 North America: List Of Regulatory Bodies, Government Agencies,

And Other Organizations

Table 15 Europe: List Of Regulatory Bodies, Government Agencies,

And Other Organizations

Table 16 Asia Pacific: List Of Regulatory Bodies, Government Agencies,

And Other Organizations

Table 17 Row: List Of Regulatory Bodies, Government Agencies,

And Other Organizations

Table 18 Swir Market, By Imaging Type, 2020–2023 (Usd Million)

Table 19 Swir Market, By Imaging Type, 2024–2029 (Usd Million)

Table 20 Spectral: Swir Market, By Scanning Type, 2020–2023 (Usd Million)

Table 21 Spectral: Swir Market, By Scanning Type, 2024–2029 (Usd Million)

Table 22 Spectral: Swir Market, By Technology, 2020–2023 (Usd Million)

Table 23 Spectral: Swir Market, By Technology, 2024–2029 (Usd Million)

Table 24 Spectral: Swir Market, By Use Case, 2020–2023 (Usd Million)

Table 25 Spectral: Swir Market, By Use Case, 2024–2029 (Usd Million)

Table 26 Spectral: Swir Market, By Industry, 2020–2023 (Usd Million)

Table 27 Spectral: Swir Market, By Industry, 2024–2029 (Usd Million)

Table 28 Spectral: Swir Market, By Region, 2020–2023 (Usd Million)

Table 29 Spectral: Swir Market, By Region, 2024–2029 (Usd Million)

Table 30 Thermal: Swir Market, By Technology, 2020–2023 (Usd Million)

Table 31 Thermal: Swir Market, By Technology, 2024–2029 (Usd Million)

Table 32 Thermal: Swir Market, By Use Case, 2020–2023 (Usd Million)

Table 33 Thermal: Swir Market, By Use Case, 2024–2029 (Usd Million)

Table 34 Thermal: Swir Market, By Industry, 2020–2023 (Usd Million)

Table 35 Thermal: Swir Market, By Industry, 2024–2029 (Usd Million)

Table 36 Thermal: Swir Market, By Region, 2020–2023 (Usd Million)

Table 37 Thermal: Swir Market, By Region, 2024–2029 (Usd Million)

Table 38 Hyperspectral: Swir Market, By Type, 2020–2023 (Usd Million)

Table 39 Hyperspectral: Swir Market, By Type, 2024–2029 (Usd Million)

Table 40 Hyperspectral: Swir Market, By Technology, 2020–2023 (Usd Million)

Table 41 Hyperspectral: Swir Market, By Technology, 2024–2029 (Usd Million)

Table 42 Hyperspectral: Swir Market, By Use Case, 2020–2023 (Usd Million)

Table 43 Hyperspectral: Swir Market, By Use Case, 2024–2029 (Usd Million)

Table 44 Hyperspectral: Swir Market, By Industry, 2020–2023 (Usd Million)

Table 45 Hyperspectral: Swir Market, By Industry, 2024–2029 (Usd Million)

Table 46 Hyperspectral: Swir Market, By Region, 2020–2023 (Usd Million)

Table 47 Hyperspectral: Swir Market, By Region, 2024–2029 (Usd Million)

Table 48 Swir Market, By Offering, 2020–2023 (Usd Million)

Table 49 Swir Market, By Offering, 2024–2029 (Usd Million)

Table 50 Modules: Swir Market, By Imaging Type, 2020–2023 (Usd Million)

Table 51 Modules: Swir Market, By Imaging Type, 2024–2029 (Usd Million)

Table 52 Cameras: Swir Market, By Imaging Type, 2020–2023 (Usd Million)

Table 53 Cameras: Swir Market, By Imaging Type, 2024–2029 (Usd Million)

Table 54 Cameras: Swir Market, By Imaging Type, 2020–2023 (Thousand Units)

Table 55 Cameras: Swir Market, By Imaging Type, 2024–2029 (Thousand Units)

Table 56 Other Offerings: Swir Market, By Imaging Type, 2020–2023 (Usd Million)

Table 57 Other Offerings: Swir Market, By Imaging Type, 2024–2029 (Usd Million)

Table 58 Swir Market, By Technology, 2020–2023 (Usd Million)

Table 59 Swir Market, By Technology, 2024–2029 (Usd Million)

Table 60 Cooled: Swir Market, By Imaging Type, 2020–2023 (Usd Million)

Table 61 Cooled: Swir Market, By Imaging Type, 2024–2029 (Usd Million)

Table 62 Uncooled: Swir Market, By Imaging Type, 2020–2023 (Usd Million)

Table 63 Uncooled: Swir Market, By Imaging Type, 2024–2029 (Usd Million)

Table 64 Swir Market, By Use Case, 2020–2023 (Usd Million)

Table 65 Swir Market, By Use Case, 2024–2029 (Usd Million)

Table 66 Security & Surveillance: Swir Market, By Imaging Type,

2020–2023 (Usd Million)

Table 67 Security & Surveillance: Swir Market, By Imaging Type,

2024–2029 (Usd Million)

Table 68 Monitoring & Inspection: Swir Market, By Imaging Type,

2020–2023 (Usd Million)

Table 69 Monitoring & Inspection: Swir Market, By Imaging Type,

2024–2029 (Usd Million)

Table 70 Detection: Swir Market, By Imaging Type, 2020–2023 (Usd Million)

Table 71 Detection: Swir Market, By Imaging Type, 2024–2029 (Usd Million)

Table 72 Swir Market, By Industry, 2020–2023 (Usd Million)

Table 73 Swir Market, By Industry, 2024–2029 (Usd Million)

Table 74 Process: Swir Market, By Imaging Type, 2020–2023 (Usd Million)

Table 75 Process: Swir Market, By Imaging Type, 2024–2029 (Usd Million)

Table 76 Discrete: Swir Market, By Imaging Type, 2020–2023 (Usd Million)

Table 77 Discrete: Swir Market, By Imaging Type, 2024–2029 (Usd Million)

Table 78 Swir Market, By Region, 2020–2023 (Usd Million)

Table 79 Swir Market, By Region, 2024–2029 (Usd Million)

Table 80 North America: Swir Market, By Imaging Type, 2020–2023 (Usd Million)

Table 81 North America: Swir Market, By Imaging Type, 2024–2029 (Usd Million)

Table 82 North America: Swir Market, By Country, 2020–2023 (Usd Million)

Table 83 North America: Swir Market, By Country, 2024–2029 (Usd Million)

Table 84 Europe: Swir Market, By Imaging Type, 2020–2023 (Usd Million)

Table 85 Europe: Swir Market, By Imaging Type, 2024–2029 (Usd Million)

Table 86 Europe: Swir Market, By Country, 2020–2023 (Usd Million)

Table 87 Europe: Swir Market, By Country, 2024–2029 (Usd Million)

Table 88 Asia Pacific: Swir Market, By Imaging Type, 2020–2023 (Usd Million)

Table 89 Asia Pacific: Swir Market, By Imaging Type, 2024–2029 (Usd Million)

Table 90 Asia Pacific: Swir Market, By Country, 2020–2023 (Usd Million)

Table 91 Asia Pacific: Swir Market, By Country, 2024–2029 (Usd Million)

Table 92 Row: Swir Market, By Imaging Type, 2020–2023 (Usd Million)

Table 93 Row: Swir Market, By Imaging Type, 2024–2029 (Usd Million)

Table 94 Row: Swir Market, By Region, 2020–2023 (Usd Million)

Table 95 Row: Swir Market, By Region, 2024–2029 (Usd Million)

Table 96 Middle East: Swir Market, By Country, 2020–2023 (Usd Million)

Table 97 Middle East: Swir Market, By Country, 2024–2029 (Usd Million)

Table 98 Swir Market: Overview Of Strategies Adopted By Key Players,

2020–2024

Table 99 Swir Market: Degree Of Competition, 2023

Table 100 Swir Market: Offering Footprint

Table 101 Swir Market: Technology Footprint

Table 102 Swir Market: Industry Footprint

Table 103 Swir Market: Region Footprint

Table 104 Swir Market: Detailed List Of Keys Startups/Smes

Table 105 Swir Market: Competitive Benchmarking Of Key Startups/Smes

Table 106 Swir Market: Product Launches, January 2020−july 2024

Table 107 Swir Market: Deals, January 2020−july 2024

Table 108 Teledyne Flir Llc: Company Overview

Table 109 Teledyne Flir Llc: Products/Solutions/Services Offered

Table 110 Teledyne Flir Llc: Deals

Table 111 Allied Vision Technologies Gmbh: Company Overview

Table 112 Allied Vision Technologies Gmbh: Products/Solutions/

Services Offered

Table 113 Allied Vision Technologies Gmbh: Product Launches

Table 114 Corning Incorporated: Company Overview

Table 115 Corning Incorporated: Products/Solutions/Services Offered

Table 116 Corning Incorporated: Deals

Table 117 Collins Aerospace: Company Overview

Table 118 Collins Aerospace: Products/Solutions/Services Offered

Table 119 Collins Aerospace: Others

Table 120 Leonardo Drs: Company Overview

Table 121 Leonardo Drs: Products/Solutions/Services Offered

Table 122 Leonardo Drs: Product Launches

Table 123 Leonardo Drs: Deals

Table 124 Leonardo Drs: Others

Table 125 Hamamatsu Photonics K.K.: Company Overview

Table 126 Hamamatsu Photonics K.K.: Products/Solutions/Services Offered

Table 127 Hamamatsu Photonics K.K.: Deals

Table 128 Fluke Corporation: Company Overview

Table 129 Fluke Corporation: Products/Solutions/Services Offered

Table 130 Fluke Corporation: Product Launches

Table 131 Specim, Spectral Imaging Ltd.: Company Overview

Table 132 Specim, Spectral Imaging Ltd.: Products/Solutions/Services Offered

Table 133 Specim, Spectral Imaging Ltd.: Deals

Table 134 Xenics: Company Overview

Table 135 Xenics: Products/Solutions/Services Offered

Table 136 New Imaging Technologies (Nit): Company Overview

Table 137 New Imaging Technologies (Nit): Products/Solutions/Services Offered

Table 138 New Imaging Technologies (Nit): Product Launches

Table 139 New Imaging Technologies (Nit): Deals

Table 140 Raptor Photonics: Company Overview

Table 141 Raptor Photonics: Products/Solutions/Services Offered

Table 142 Lynred: Company Overview

Table 143 Lynred: Products/Solutions/Services Offered

Table 144 Lynred: Deals

Table 145 Photon Etc: Company Overview

Table 146 Photon Etc: Products/Solutions/Services Offered

Table 147 Basler Ag: Company Overview

Table 148 Basler Ag: Products/Solutions/Services Offered

Table 149 Basler Ag: Product Launches

Table 150 Testo Se & Co.: Company Overview

Table 151 Testo Se & Co.: Products/Solutions/Services Offered

Table 152 Sierra-olympia Tech.: Company Overview

Table 153 Ircameras Llc: Company Overview

Table 154 Episensors: Company Overview

Table 155 Prinston Infrared Technologies, Inc.: Company Overview

Table 156 Infratech Gmbh: Company Overview

Table 157 Cox Co., Ltd: Company Overview

Table 158 C-thermal: Company Overview

Table 159 Zhejiang Dali Technology Co.,Ltd.: Company Overview

Table 160 Axis Communications Ab: Company Overview

Table 161 Tonbo Imaging: Company Overview

Table 162 Hgh: Company Overview

Table 163 Inview Technologies: Company Overview

Table 164 Intevac, Inc.: Company Overview

Table 165 Seek Thermal: Company Overview

Table 166 Terabee: Company Overview

Figures List

Figure 1 Swir Market Segmentation And Regional Scope

Figure 2 Swir Market: Research Design

Figure 3 Swir Market: Research Approach

Figure 4 Swir Market Size Estimation Methodology

Figure 5 Swir Market: Bottom-up Approach

Figure 6 Swir Market: Top-down Approach

Figure 7 Swir Market Size Estimation Methodology (Supply Side)

Figure 8 Swir Market: Data Triangulation

Figure 9 Swir Market: Research Limitations

Figure 10 Spectral Segment To Hold Largest Market Share In 2024

Figure 11 Cameras Segment To Capture Largest Market Share In 2029

Figure 12 Monitoring & Inspection Segment To Exhibit Highest Cagr During Forecast Period

Figure 13 Uncooled Segment To Dominate Swir Market Between 2024 And 2029

Figure 14 North America To Account For Largest Share Of Swir Market In 2024

Figure 15 Growing Demand For Precise Inspection And Surveillance Systems To Boost Market Growth

Figure 16 Process Segment To Register Higher Cagr In Swir Market During Forecast Period

Figure 17 Security & Surveillance Segment To Hold Largest Share Of Swir Market In 2029

Figure 18 Spectral Segment To Account For Largest Market Share In 2029

Figure 19 Thermal Segment And Us To Hold Largest Shares Of North American Swir Market In 2024

Figure 20 China To Exhibit Highest Cagr In Global Swir Market From 2024 To 2029

Figure 21 Drivers, Restraints, Opportunities, And Challenges

Figure 22 Impact Analysis: Drivers

Figure 23 Impact Analysis: Restraints

Figure 24 Impact Analysis: Opportunities

Figure 25 Impact Analysis: Challenges

Figure 26 Value Chain Analysis

Figure 27 Swir Ecosystem

Figure 28 Trends/Disruptions Impacting Customer Business

Figure 29 Average Selling Price Trend Of Swir Cameras Offered By Key Players, By Offering

Figure 30 Porter’s Five Forces Analysis

Figure 31 Key Stakeholders In Buying Process For Top Three Use Cases

Figure 32 Key Buying Criteria For Top Three Use Cases

Figure 33 Investment And Funding Scenario

Figure 34 Import Data For Hs Code 902750-compliant Products,

By Country, 2019–2023 (Usd Million)

Figure 35 Export Data For Hs Code 902750-compliant Products,

By Country, 2019–2023 (Usd Million)

Figure 36 Patent Applied And Granted, 2012–2023

Figure 37 Thermal Segment To Capture Largest Share Of Swir Market In 2024

Figure 38 Cameras Segment To Hold Largest Share Of Swir Market In 2029

Figure 39 Swir Market, By Technology

Figure 40 Uncooled Segment To Dominate Swir Market From 2024 To 2029

Figure 41 Security & Surveillance Segment To Dominate Swir Market During Forecast Period

Figure 42 Swir Market, By Vertical

Figure 43 Discrete Segment To Hold Larger Share Of Swir Market In 2029

Figure 44 Swir Market, By Region

Figure 45 North America To Capture Largest Share Of Swir Market In 2024

Figure 46 North America: Swir Market Snapshot

Figure 47 Europe: Swir Market Snapshot

Figure 48 Asia Pacific: Swir Market Snapshot

Figure 49 Swir Market: Revenue Analysis Of Four Key Players, 2019–2023

Figure 50 Market Share Analysis Of Key Players Offering Swir

Technologies, 2023

Figure 51 Company Valuation, 2023

Figure 52 Financial Metrics, 2023 (Ev/Ebitda)

Figure 53 Brand/Product Comparison

Figure 54 Swir Market: Company Evaluation Matrix (Key Players), 2023

Figure 55 Swir Market: Company Footprint

Figure 56 Swir Market: Company Evaluation Matrix (Startups/Smes), 2023

Figure 57 Corning Incorporated: Company Snapshot

Figure 58 Leonardo Drs: Company Snapshot

Figure 59 Hamamatsu Photonics K.K.: Company Snapshot