Austin, Oct. 25, 2024 (GLOBE NEWSWIRE) — Market Size & Growth Analysis:
As per the S&S Insider Report,“The Shortwave Infrared (SWIR) Market was valued at USD 502 Million in 2023 and is expected to reach USD 1,093.35 Million by 2032, growing at a CAGR of 9.10% over the forecast period 2024-2032.”
In recent years, the Shortwave Infrared (SWIR) market has seen substantial growth driven mainly by increasing demand in defense, industrial, and commercial sectors. Technological advancements, a greater emphasis on research and development, and a growing need for advanced imaging choices are the primary drivers behind this expansion. The exceptional capability of SWIR imaging to distinguish between similar objects in the visible spectrum enhances its applicability in various fields. The advancement in the industry is demonstrated by the C-RED SWIR camera range, featuring a worldwide shutter, high frame rates, and a remarkable 14-bit output. This ensures that pixel quality stays the same, even with increased frame rates, achieving a remarkable 602 Hz frame rate at maximum resolution (640 x 512 pixels). This enhancement enhances the detection of objects in SWIR lighting, making it beneficial for photographing outdoors in natural lighting such as starlight. Traditional quartz or halogen bulbs can also act as reliable SWIR light sources.
Get a Sample Report of Shortwave Infrared (SWIR) Market Forecast @ https://www.snsinsider.com/sample-request/1861
Dominant Market Players with their Products Listed in this Report are:
- FLIR Systems (FLIR A6750sc SLS, FLIR A50/A70)
- Sensors Unlimited (a division of Collins Aerospace) (MicroSWIR 640CSX, SU320HX)
- Xenics (Bobcat-640 Series, Ceres T 1280)
- New Imaging Technologies (NIT) (WiDy SenS 320, WiDy Vision)
- Hamamatsu Photonics (C12741-03 InGaAs, G12230-10R InGaAs)
- Princeton Instruments (NIRvana LN, NIRvana ST)
- Allied Vision (Goldeye G-008 SWIR, Goldeye G-033 SWIR)
- Raptor Photonics (OWL 640 T, Ninox 640 II)
- Teledyne DALSA (Linea SWIR, Calibir GXF)
- Leonardo DRS (Tenum™ 640, SLS MWIR 1280)
- Intevac (Photonic Vision SWIR Camera, NightVista™ SWIR)
- Photonis (NOCTURN SWIR, Lynx CMOS)
- Sofradir (a part of Lynred) (Galatea MW, ALTAIR MW)
- Quantum Imaging (QI-SWIR 640, QI-SWIR 320)
- IRCameras (IRC800, IRC900)
- Xenics Infrared Solutions (Xeva 320, Tigris-640)
- BaySpec Inc. (OCI-1000 Hyperspectral Imager, SuperGamut™ Series)
- InfraTec GmbH (ImageIR® 9300, VarioCAM® HD head 900)
- FLIR Defense (formerly Extech Instruments) (Raven-384, Ranger HRC)
- Photonic Science and Engineering (IR-enhanced Camera, Cooled SWIR Camera)
“Comprehensive Segment Analysis: Understanding Market Opportunities”
- By Imaging Type:
Thermal imaging held a dominant position in 2023 with a 41% market share in the Shortwave Infrared (SWIR) market, attributed to its critical applications in defense and industrial sectors. This imaging type leverages the thermal radiation emitted by objects, providing superior detection and differentiation capabilities even in low-light or challenging environmental conditions. Thermal SWIR imaging is particularly valuable in surveillance, search and rescue operations, and industrial inspections, where precise temperature differentiation is crucial.
- By Technology:
Cooled technology is the leading segment in the Shortwave Infrared (SWIR) market, recognized for its ability to enhance image quality by reducing thermal noise in imaging systems. Cooled SWIR sensors maintain lower operating temperatures, resulting in improved sensitivity and detection capabilities. This makes them particularly suitable for applications that require precise measurements and high-resolution images, such as defense, aerospace, and scientific research. The need for reliable and high-performance imaging solutions in these critical sectors drives the demand for cooled SWIR technology.
Do you Have any Specific Queries or Need any Customize Research on SWIR Market, Request for Analyst Call @ https://www.snsinsider.com/request-analyst/1861
Key Market Segments:
“Regional Market Breakdown: Identifying Growth Hotspots and Emerging Trends”
In 2023, North America held a 36% market share in the shortwave infrared (SWIR) market, primarily because of key players and rising investments in research and development. Military users demand advanced imaging solutions for surveillance and reconnaissance purposes, leading to a need for SWIR technology, which is influenced by the defense industry. FLIR Systems and Teledyne Technologies are important companies in the SWIR market in this region, providing cutting-edge imaging solutions tailored for various uses.
During 2024-2032, the Asia Pacific region is becoming the quickest developing area due to rapid industrialization and rising investments in advanced imaging systems. Countries such as China and India are seeing an increase in the demand for SWIR applications in sectors like manufacturing, agriculture, and security. Opgal and Tasi Group are expanding their presence in the Asia Pacific region, capitalizing on the increasing demand for high-quality imaging solutions in various industries.
Recent Developments:
| Date | Company | Development |
| Sep-24 | TriEye | CMOS-based SWIR sensor, the TES200 Raven. This backlit monochrome global shutter sensor has 1236 x 960, 1.3 MPixel resolution and up to 180 fps frame rate. It operates in the 700 to 1650 nm wavelength range. |
| Aug-24 | Teledyne Technologies | The initial camera in the Forge 1GigE SWIR line features a broad-range and highly sensitive Sony SenSWIR 1.3 MP IMX990 InGaAs sensor. |
| Nov-23 | Sony Semiconductor Solutions Corporation | Declared the imminent launch of the IMX992 SWIR image sensor for industrial machinery, boasting the highest pixel count in the industry at 5.32 effective megapixels. |
Purchase an Enterprise User License of Shortwave Infrared (SWIR) Market Report at 40% Discount @ https://www.snsinsider.com/checkout/1861
Future Trends:
The Shortwave Infrared (SWIR) market is poised for continued growth driven by several emerging trends. One notable development is the increasing integration of AI and ML technologies in SWIR imaging systems, resulting in enhanced image processing and analysis capabilities. This incorporation will simplify the process of automatically recognizing and categorizing objects, significantly improving performance in various applications. Moreover, the growing demand for SWIR imaging in agriculture to monitor crops and evaluate their health will contribute to the market’s expansion. Predictions suggest that the increasing availability of small and inexpensive SWIR cameras due to advancements in sensor technology will lead to greater utilization across multiple industries. With increasing recognition of the advantages of SWIR technology for improved imaging solutions, the market is projected to see ongoing growth in the coming years.
Table of Contents – Key Points Analysis
1. Introduction
2. Executive Summary
3. Research Methodology
4. Market Dynamics Impact Analysis
5. Statistical Insights and Trends Reporting
5.1 Production and Sales Volumes, 2020-2032, by Region
5.2 Pricing Trends, by Region
5.3 Innovation and R&D Spending, by Region
5.4 Regulatory Impact, by Region
5.5 Supply Chain Metrics
6. Competitive Landscape
7. Shortwave Infrared (SWIR) Market Segmentation, by Imaging Type
8. Shortwave Infrared (SWIR) Market Segmentation, by Offering
9. Shortwave Infrared (SWIR) Market Segmentation, by Technology
10. Shortwave Infrared (SWIR) Market Segmentation, by Use Case
11. Shortwave Infrared (SWIR) Market Segmentation, by End User
12. Regional Analysis
13. Company Profiles
14. Use Cases and Best Practices
15. Conclusion
Access Complete Report Insights of Shortwave Infrared Market Growth & Outlook 2024-2032@ https://www.snsinsider.com/reports/shortwave-infrared-swir-market-1861
[For more information or need any customization research mail us at info@snsinsider.com]
About Us:
SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company’s aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world.
