Global Shortwave Infrared Market is likely to expand at 7.1% CAGR through 2032


Posted January 2, 2024 by swatichadhari

Shortwave Infrared refers to the portion of the electromagnetic spectrum ranging from 1.4 to 3 micrometers, lying just beyond the visible spectrum.
 
The global shortwave infrared market is projected to increase from a valuation of US$ 180 million in 2022 to US$ 357 million by 2032-end, expanding at a CAGR of 7.1%,

The Shortwave Infrared (SWIR) market has emerged as a dynamic and rapidly evolving segment within the broader realm of infrared technology. This specialized technology has found applications across various industries, including aerospace and defense, industrial manufacturing, healthcare, and agriculture.

One of the key advantages of SWIR technology is its ability to penetrate certain materials that are opaque in the visible spectrum, allowing for unique imaging capabilities. In the aerospace and defense sector, SWIR sensors are utilized for surveillance, target identification, and navigation, providing enhanced vision in low-light conditions. Additionally, SWIR cameras are widely employed in industrial manufacturing processes, such as quality control and sorting applications, where they can detect defects and contaminants that are not visible to the naked eye.

The healthcare industry has also embraced Shortwave Infrared technology for medical imaging purposes. SWIR imaging can be instrumental in non-invasive diagnostics, as it enables the visualization of subcutaneous structures and blood flow. This capability has the potential to revolutionize medical imaging by offering enhanced sensitivity and precision.

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Market Frontrunners

Raptor Photonics
Sensors Unlimited
Sofradir Group
FLIR Systems
Princeton Instruments
Xenics
Allied Vision Technologies
Photon
New Imaging Technologies
Hamamatsu Photonics K.K.
Market Segmentations:

By Product Offering :
Short Wave Infrared Hardware
Short Wave Infrared Software
Short Wave Infrared Services

By Material :
Indium Gallium Arsenide
Indium Antimonide
Lead Sulfide
Mercury Cadmium Telluride

By Scanning Type :
Short Wave Infrared Area Scanning
Short Wave Infrared Line Scanning

By Technology :
Cooled SWIR Technology
Uncooled SWIR Technology

By Application :
Security & Surveillance
Monitoring & Inspection
Detection

By Vertical :
Industrial
Non-industrial
Military & Defense
Medical
Scientific Research

By Region :
North America
Latin America
Europe
East Asia
South Asia & Oceania
MEA

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Moreover, SWIR technology has proven valuable in agricultural applications, facilitating the monitoring of crop health and enabling precision agriculture. By capturing detailed information about plant conditions, SWIR sensors assist farmers in optimizing irrigation, fertilization, and pest control, ultimately contributing to increased crop yield and resource efficiency.

As advancements in semiconductor technology continue, the Shortwave Infrared market is poised for further growth and innovation. The demand for SWIR sensors is expected to rise across diverse industries, driven by the ongoing quest for improved imaging solutions, heightened security concerns, and the pursuit of greater efficiency in industrial processes. With its unique capabilities, Shortwave Infrared technology is carving out a significant niche in the broader landscape of sensing and imaging technologies.

Contact:
US Sales Office :
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: [email protected]
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Issued By Swati Chaudhari
Phone +1 06282511583
Business Address US Sales Office :
11140 Rockville Pike
Country United States
Categories Technology
Tags shortwave infrared market , shortwave infrared market size , shortwave infrared market share , shortwave infrared market growth
Last Updated January 2, 2024