Shortwave Infrared (SWIR) Market worth $279 million in 2025 - PowerPoint PPT Presentation

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Shortwave Infrared (SWIR) Market worth $279 million in 2025

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The SWIR market is expected to grow from USD 177 million in 2020 to USD 279 million in 2025, at a CAGR of 9.6%. The primary reasons for this rise in demand are the rising demand for line-scan SWIR cameras for machine vision applications, increasing penetration of SWIR cameras in the military & defense vertical, and growing adoption of SWIR cameras in commercial applications. – PowerPoint PPT presentation

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Title: Shortwave Infrared (SWIR) Market worth $279 million in 2025


1
Shortwave Infrared (SWIR) Market worth 279
million in 2025
2
Overview
  • The report "Shortwave Infrared (SWIR) Market with
    COVID-19 Impact Analysis by Scanning Type (Area
    Scan and Line Scan), Technology (Cooled and
    Uncooled), Application (Security and
    Surveillance, Monitoring and Inspection, and
    Detection), Vertical (Industrial and
    Non-industrial), and Region - Global Forecast to
    2025", is projected to grow from USD 177 million
    in 2020 to USD 279 million in 2025, at a CAGR of
    9.6. The growth can be attributed to the rising
    demand for line-scan SWIR cameras for machine
    vision applications, increasing penetration of
    SWIR cameras in the military defense vertical,
    and growing adoption of SWIR cameras in
    commercial applications.

3
APAC, by region, is expected to grow at the
highest CAGR during the forecast period.
  • APAC is set to witness the highest growth rate
    during the forecast period due to the numerous
    manufacturing capabilities of the region. The
    demand for SWIR technology is increasing in daily
    manufacturing operations and for reducing the
    manufacturing costs of products. SWIR detectors
    are used in the manufacturing process of
    electronics, food beverage, and glass and
    security surveillance. Considering the tensions
    between India, Pakistan, and China, the demand
    for SWIR technology is rising from the military
    defense sector of these countries for
    installations at borders for monitoring and
    security applications.

4
Key Market Players
  • Key players in the SWIR market include Collins
    Aerospace (US), FLIR Systems (US), Xenics NV
    (Belgium), New Imaging Technologies (France),
    Allied Vision Technologies (Germany), and
    Hamamatsu Photonics K.K. (Japan). FLIR Systems is
    a well-known player for providing innovative and
    customized SWIR products. An impactful brand name
    and a large customer base are among the key
    factors that have resulted in the leading
    position of Collins Aerospace in the SWIR market.
    Additionally, the company has strong RD
    capabilities and geographic presence. Xenics
    focuses on strategies such as product launches
    and developments to strengthen its product
    portfolio and maintain its position in the SWIR
    market.

5
summary
  • The SWIR market is expected to grow from USD 177
    million in 2020 to USD 279 million in 2025, at a
    CAGR of 9.6. The primary reasons for this rise
    in demand are the rising demand for line-scan
    SWIR cameras for machine vision applications,
    increasing penetration of SWIR cameras in the
    military defense vertical, and growing adoption
    of SWIR cameras in commercial applications.

6
Table of Content
  • 1INTRODUCTION
  • 1.1StudyObjectives
  • 1.2Definition
  • 1.2.1Inclusionsandexclusions
  • 1.3StudyScope
  • 1.3.1Marketscovered
  • .
  • .
  • 14APPENDIX
  • 14.1InsightsofIndustryExperts
  • 14.2DiscussionGuide

7
Thank You
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