Shortwave Infrared (SWIR) Market Size, Trends & Growth Opportunity, Scanning Type (Area Scan and Line Scan), Application (Security & Surveillance, Monitoring & Inspection, and Detection), Technology (Cooled Swir Technology, Uncooled Swir Technology) Verti

Shortwave Infrared (SWIR) Market Size, Trends & Growth Opportunity, Scanning Type (Area Scan and Line Scan), Application (Security & Surveillance, Monitoring & Inspection, and Detection), Technology (Cooled Swir Technology, Uncooled Swir Technology) Vertical (Industrial and Non-Industrial), Offering(Hardware,Software,Services, Region and forecast till 2027.

Shortwave Infrared (SWIR) Market

Short Wave IR (SWIR) is a subset of the infrared band in the electromagnetic spectrum, covering the wavelengths ranging from 1.4 to 3 microns. This wavelength is not visible to human eyes and as a result can often offer a better image than what is achievable with visible light imaging.

A number of manufacturers make SWIR imagers and FPAs (Focal Plane Arrays) that detect various ranges of the electromagnetic spectrum with various qualities. One type is InGaAs sensors which, unlike other sensor types, require no cryogenic cooling. They are sensitive to the 0.9-to-1.7-micron wavelengths, meaning that they detect both NIR (near infrared) and SWIR. InSb sensors are also available with a broad spectral response from 0.9 to 2.5 microns, and other cameras capable of sensing everything from 0.4 to 2.5 microns, covering the visible, NIR and SWIR regions with one sensor.

Drivers: Increased use of SWIR cameras in the military and defence sectors.

SWIR camera penetration in the military & defence vertical is increasing as their ability to see through harsh environments such as fog, smoke, haze, and water vapour has resulted in increased usage in a variety of applications such as marine intelligence, surveillance, and vision enhancement. The ability of SWIR cameras to see through vehicle windshields during both day and night, unlike longwave infrared (LWIR) and mediumwave infrared (MWIR) infrared cameras, as well as their ability to identify and differentiate between explosive and nonexplosive objects, expands the applications of SWIR cameras for special-operation military vehicles. Imaging in low light or at night, as well as safe illumination for the human eye, as well as the ability to cover and recognise the target from a distance and the feature of covert illumination, which allows the viewer to see images even when the illumination source is not present, have resulted in increased adoption of SWIR cameras in the military & defence vertical.

Restraints: Import and export of SWIR cameras are subject to stringent regulations.

Because SWIR cameras are difficult to manufacture and market, their import and export become difficult, depending on the country acquiring them with complete documentation. Commodity jurisdiction approval is required for selling restricted SWIR cameras in the United States, according to the International Traffic in Arms Regulations (ITAR) implemented by the US Department of State. As a result, manufacturers of infrared cameras are prohibited from exchanging their products with any person or entity in the United States or abroad without first obtaining export authorization. Noncompliance with these regulations is punishable by fines. The commodity jurisdiction approval is required not only by the manufacturers of infrared cameras, but also by the distributors who sell them. This adds to the complications and costs associated with the project.

Impact of COVID-19

The SWIR market has grown significantly in recent years as a result of the widespread use of SWIR technology in both industrial and non-industrial verticals for a variety of applications such as security, surveillance, monitoring, and inspection. The COVID-19 pandemic, on the other hand, has slowed the SWIR market's growth rate. The decline in demand for SWIR cameras for various applications such as industrial process monitoring, industrial furnace monitoring, solar cell inspecting, inspection sorting, and driver vision-enhancing applications is one of the key factors. Because of the severe disruptions it caused to businesses and the global economy, the pandemic limited the adoption of SWIR cameras. The pandemic has caused production to be curtailed, resulting in a significant drop in business inputs.

Segmentation By Offerings:

On the basis of Offerings, the market is segmented into Hardware, Software and Services.

Segmentation By Scanning:

By Scanning, the market is segmented into area scan and line scan. In 2020, area scan SWIR cameras dominated the SWIR market by type, and this trend is expected to continue throughout the forecast period. The dominance of area scan SWIR cameras can be attributed to their widespread adoption across multiple verticals. Among the applications of area scan SWIR cameras are industrial process monitoring, industrial furnace monitoring, solar cell inspection, driver vision enhancement, imaging through atmospheric obscurants, and security and surveillance.

Segmentation By Technology:

The market is segmented into Cooled Swir Technology and Uncooled Swir Technology. During the forecast period, the uncooled segment is expected to lead the SWIR market. This segment's dominance can be attributed to the high demand for uncooled SWIR cameras from the non-industrial vertical, particularly from the military and defense sectors, due to their lower cost when compared to cooled SWIR cameras. Cooled SWIR cameras typically have more sensitive detectors than uncooled SWIR cameras, and the cost of uncooled cameras is typically lower than that of cooled cameras.

Segmentation By Application:

The Market is segmented into Security and surveillance, Monitoring and inspection, and Detection.

Segmentation By Vertical:

By Vertical the market is segmented into Industrial and Non-Industrial. The industrial segmented to hold the largest share in the market in the given forecast period.

Segmentation by Region

Based on region, the NGS services market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2021, North America held the largest share of the SWIR market. One of the major reasons for North America's leading position is the presence of several prominent military & defence, scientific research, and medical players in the region, all of which generate demand for SWIR cameras. Furthermore, several companies providing SWIR cameras are present in this region, contributing to the growth of the SWIR market in North America. Teledyne FLIR (US), Collins Aerospace (US), Princeton Instruments (US), IRCameras (US), Photon, etc. (Canada), and PIXELTEQ (US) are among the North American SWIR camera providers.

Competitive Landscape:

The major players in market are Collins Aerospace (US), Teledyne FLIR (US), Xenics (Belgium), New Imaging Technologies (France), Allied Vision Technologies (Germany).

Industrial Development:

Teledyne FLIR Systems announced the release of A500f/A700f cameras for fire detection and monitoring applications in June 2021.

In May 2021, Allied Vision Technologies expanded and added new features to its Alvium CSI-2 camera series, which is equipped with high-quality CMOS sensors and Pregius S global shutter technology.

Xenics expanded its Dione family in December 2020 with the introduction of Dione 1280, a SWIR thermal imaging core optimised for smaller size, lower weight, higher resolution, and lower power. This item is ideal for the safety and security market as well as industrial applications.

Market taxonomy

SWIR Market, by Offering

• Hardware
• Software
• Service

SWIR Market, by Material

• Indium Gallium Arsenide
• Indium Antimonide
• Lead Sulfide
• Mercury Cadmium Telluride

SWIR Market, by Scanning Type

• Area Scan
• Line Scan

SWIR Market, by Technology

• Cooled SWIR Technology
• Uncooled SWIR Technology

SWIR Market, by Application

• Security & Surveillance
• Monitoring & Inspection
• Detection

SWIR Market, by Vertical

• Industrial

Automotive

Aerospace

Electronics & Semiconductors

Oil & Gas

Food & Beverages

Glass

Others

• Non-Industrial
• Military & Defense
• Medical
• Scientific Research
• Others

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa