Global SWIR Market is forecasted to grow at 9.2% with factor such as increasing demand for shortwave infrared cameras in machine vision applications and rising penetration of SWIR in the military & defense sector.
SWIR market has shown an exceptional penetration in countries such as U.S. due to use of shortwave infrared for industrial, commercial, military, and defense purposes. Rise in the demand for shortwave infrared cameras for scientific research is boosting the growth in developed countries. In developing countries, rising adoption of night vision technology is creating opportunity for the global SWIR market.
SWIR Market Scenario
According to Data Bridge Market Research, the market for global SWIR in North America has the highest market share followed by Europe and Asia-Pacific. Market leader is Sensors Unlimited (A subsidiary of Collins Aerospace) and Teledyne Technologies Incorporated. which accounts an estimated market share of approximately 10% to 30% in the global market. The company has gained outstanding sale by providing SWIR products.
For instance,
- In June 2020, Teledyne Technologies Incorporated announced launch of 512 short-wave infrared (SWIR) line scan camera for machine vision through its subsidiary Teledyne DALSA. The newly launched Linea SWIR model features InGaAs sensor for a variety of applications including food and packaged good inspection, recycling, mineral sorting and solar and silicon wafer inspection. This has helped the company to grow in the market.
Trends Impacting the Market
Now the question is which other regions Sensors Unlimited (A subsidiary of Collins Aerospace) and Teledyne Technologies Incorporated. are targeting? Data Bridge Market Research has forecasted a large growth in North America SWIR market and the market leaders are targeting U.S. and Canada to be their next pocket revenue for 2021.
The SWIR are becoming more competitive every year with companies Sensors Unlimited (A subsidiary of Collins Aerospace) and Teledyne Technologies Incorporated. as they are the market leaders for SWIR. The Data Bridge Market Research new reports highlight the major growth factors and opportunities in the SWIR market.
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New SWIR Market Development in 2021
- In January 2021, Teledyne Technologies Incorporated announced acquisition of FLIR Systems at approximately USD 8.0 billion. Under this acquisition, Teledyne FLIR will provide a full spectrum of imaging technologies and products spanning X-ray through infrared and from components to complete imaging systems. The company will also provide a complete range of unmanned systems and imaging payload across all domains ranging from deep sea to deep space. This will help the company to grow in the market.
Scope of the SWIR Market
All country based analysis of global SWIR market is further analysed based on maximum granularity into further segmentation. On the basis of scanning type, the global SWIR market has been segmented into line scan and area scan. On the basis of detector type, the global SWIR market has been segmented into cooled and uncooled. On the basis of chemical composition, the global SWIR market has been segmented into indium gallium arsenide, mercury cadmium telluride, indium antimonide (INSB), lead sulfide and others. On the basis of application, the global SWIR market has been segmented into machine vision, thermal imaging, hyperspectral imaging, security & surveillance, photovoltaics and others. On the basis of component, the global SWIR market has been segmented into hardware, software and services. On the basis of industry, the global SWIR market has been segmented into commercial, industrial, medical, military & defense and others.
To know more about the study https://www.databridgemarketresearch.com/reports/global-shortwave-infrared-swir-market
Key Pointers Covered in SWIR Market Industry Trends and Forecast to 2028
- Market Size
- Market Standards and Changes
- Market Trials in Different Regions
- Market Requirements in Different Regions
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Recent Market Value for Different regions
- Sales Data for Market Competitors
- Market Key Vendors and Disruptors Study
Key Market Competitors Covered in the Report
- Sensors Unlimited (A subsidiary of Collins Aerospace)
- Teledyne Technologies Incorporated.
- Xenics nv.
- Lynred
- Allied Vision Technologies GmbH
- Hamamatsu Photonics K.K.
- NIT
- Photon Etc. Inc
- Princeton Infrared Technologies, Inc.
- Raptor Photonics
- IRCameras LLC
- Intevac, Inc.
- Opgal Optronic Industries Ltd.
- InfraTec GmbH
- TTP plc.
- Photonic Science and Engineering Limited
- SWIR Vision Systems
- Edmund Optics Inc.
- Atik Cameras Limited (A Subsidiary of SDI Group)
- Silent Sentinel.
Above are the key players covered in the report, to know about more and exhaustive list of SWIR companies’, contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-shortwave-infrared-swir-market
Research Methodology: Global SWIR Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Managers, Directors, Government, Automotive Companies, military and defence firms, security & surveillance providers
- Supply Side: Service Providers, SWIR Companies, Marketing Managers, Logistics Managers, C-Level Executives and Market Intelligence, among others.
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- Global Infrared Imaging Market – Industry Trends and Forecast to 2027
- Global Thermal Imaging Market – Industry Trends and Forecast to 2027
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