Global Shortwave Infrared Market Forecast to 2030

Emergen Research has recently added a new report titled Global Shortwave Infrared Market that provides an extensive analysis of the Shortwave Infrared market and industry overview with regards to market size, market share, revenue growth, key companies, current and emerging market trends, recent technological and product developments, and a comprehensive analysis of the impact of COVID-19 pandemic on the growth of the Shortwave Infrared market. The report aims to offer a clear understanding of the market with respect to the manufacturers, suppliers, vendors, distributors, and key companies involved in the market. The report has been formulated through extensive primary and secondary research along with verified and reliable data obtained from industry experts and professionals. The key findings from the report have been sorted into charts, figures, tables, and other pictorial representations.

The Shortwave Infrared (SWIR) market is a rapidly growing industry that has seen an increasing demand for its applications in various fields. SWIR technology operates in the wavelength range of 0.9 to 1.7 microns, and it has unique advantages such as high sensitivity, imaging capabilities, and penetration depth, which make it suitable for use in various industrial applications.

The global Shortwave Infrared (SWIR) market size was USD 180.5 Million in 2022 and is expected to register a revenue CAGR of 9.6% during the forecast period, according to latest analysis by Emergen Research. One of the major drivers of the SWIR market is the rising demand for SWIR cameras in the defense and security sector. SWIR cameras are used for surveillance and night vision applications, and they are becoming increasingly popular due to their ability to see through smoke, fog, and haze. Furthermore, SWIR cameras are used in various industrial applications, including machine vision, solar cell inspection, and food sorting, which are also driving the growth of the SWIR market.

However, the SWIR market is not without its challenges. One of the biggest challenges facing the industry is the high cost of SWIR cameras, which limits their adoption in certain industries. Additionally, the lack of awareness and understanding of SWIR technology among end-users and consumers is also hindering the growth of the market.

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Research Report on the Shortwave Infrared Market Addresses the Following Key Questions:

• Who are the dominant players of the Shortwave Infrared market?
• Which regional market is anticipated to have a high growth rate over the projected period?
• What consumer trends and demands are expected to influence the operations of the market players in the Shortwave Infrared market?
• What are the key growth drivers and restraining factors of the Shortwave Infrared market?
• What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
• What is the overall impact of the COVID-19 pandemic on the Shortwave Infrared market and its key segments?

Market Overview:

The report bifurcates the Shortwave Infrared market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

• Offering Outlook (Revenue, USD Million; 2019–2032)

  • Hardware
  • Software
  • Services

• Material Outlook (Revenue, USD Million; 2019–2032)

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

• Scanning Type Outlook (Revenue, USD Million; 2019–2032)

  • Area Scan
  • Line Scan

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Regional Landscape section of the Shortwave Infrared report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.

The various regions analyzed in the report include:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Shortwave Infrared market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

Key Companies Profiled in the Report are:

Collins Aerospace, Teledyne FLIR LLC, Xenics nv, New Imaging Technologies (NIT), Raptor Photonics, Lynred, Opgal Optronic Industries Ltd., Photon Etc., Hamamatsu Photonics K.K. and its affiliates, IRCameras LLC

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