Shortwave Infrared (SWIR) Market Share, Size, Trends, Industry Analysis Report, 2022 - 2030
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Shortwave Infrared (SWIR) Market Share, Size, Trends, Industry Analysis Report, 2022 - 2030

REPORT DETAILS

Report Code: PM2396
No. of Pages: 118
Format: PDF
Published Date:
Base Year: 2021
Author: Apurva Agarwal
Historical Data: 2018 - 2020

REPORT DETAILS

Report Code: PM2396
Published Date:
No. of Pages: 118
Historical Data: 2018 - 2020
Format: PDF
Author: Apurva Agarwal
Base Year: 2021
Shortwave Infrared (SWIR) Market Share, Size, Trends, Industry Analysis Report, By Type; By Technology (Cooled Infrared Imaging, Uncooled Infrared Imaging); By End-User; By Region; Segment Forecast, 2022 - 2030

The global shortwave infrared (SWIR) market was valued at USD 167.0 million in 2021 and is expected to grow at a CAGR of 8.7% during the forecast period. Introduction of disruptive technologies, the wide applications of SWIR cameras have expanded in several verticals, driving the market.

Shortwave Infrared (SWIR) Market Size

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The capacity of the InGaAs image, which can capture high-quality images, and the growing demand for shortwave IR cameras in military operations also drive the industry forward. Numerous governments have taken steps to secure the military by upgrading the necessary defense, and military equipment will undoubtedly positively impact the shortwave infrared (SWIR) market.

SWIR cameras are now utilized for a variety of purposes. Even for vehicle navigation, there has been an increase in demand. SWIR technology can be beneficial in navigating adverse conditions such as fog, snow, or dust. Shortwave infrared camera's ability to distinguish between colors and analyze properties of materials such as air temp, water vapor, and chemical composition makes them perfect for applications such as craft inspection, spectrometry, and astronomy. Climate change experiments, ecosystem evaluation, microbe and disease assessment, ergonomics, and psychology are just a few scientific research applications where SWIR cameras have seen increased use. Water-cooled or fan-cooled systems are used in these cameras to reduce sound waves in telescopes.

Further, SWIR cameras are widely used in the food & beverage and agriculture industries, resulting in lower operational costs and higher work efficiency. Shortwave IR cameras' ability to detect the moisture of the soil and other surfaces allows them to be used in conjunction with drones to investigate agricultural production, identify areas with little or sufficient water, and evaluate food dryness or ripeness.

Industry Dynamics

Growth Drivers

Rising adoption of shortwave IR from the military and defense sector and the contracts among public and private players. Shortwave IR camera absorption in the military & defense vertical is growing. Their possibility to see through harsh environments such as fog, vapors, haze, and water vapor has resulted in higher usage in various applications such as marine intelligence, monitoring, and vision enhancement.

The capacity of SWIR cameras to see beyond the vehicle windscreens during both day and night, except for longwave infrared (LWIR) and mediumwave infrared (MWIR) thermal sensors, as well as their ability to recognize and differentiate between exponential and nonexplosive objects, expands the applications of SWIR camera systems for special-operation military vehicles. Moreover, in March 2021, Intevac announced a USD 1.8 million advancement contract award from the Joint Directed Energy Transition Office (DE JTO). The company will establish a "Gated SWIR Sensor" for the High Energy Laser (HEL) 2D Fine Tracking and Flexible Optics system applications within this contract.

In April 2021, Airbus Defence, the company responsible for the "European Copernicus Land Surface Temperature Monitoring (LSTM)" mission, has assigned Lynred, a supplier of infrared (IR) detectors, to construct a better linear shortwave-infrared (SWIR) array to meet the particular qualities. This array would be combined with the dedicated high-resolution radiometer to measure the earth's surface temperature increases.

The overall goal of LSTM is to improve long-term crop productivity at the field level in areas with growing water scarcity and climate variability. Thus, the contracts among the significant players for investment in the advancement of SWIR technology for the defense sector and the adoption of SWIR technology for the military and defense sector are contributing to the development of the shortwave infrared (SWIR) market.

Shortwave Infrared (SWIR) Market
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Report Segmentation

The market is primarily segmented based on type, technology, end-user, and region.

By Type

By Technology

By End-User

By Region

  • Area Scan
  • Line Scan
  • Cooled
  • Uncooled
  • Electronics and communication
  • Aerospace
  • Food & Beverage
  • Automotive
  • Medical and healthcare
  • Military and defense
  • Others
  • North America (U.S., Canada)
  • Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
  • Asia Pacific (Japan, China, India, Malaysia, Indonesia, South Korea)
  • Latin America (Brazil, Mexico, Argentina)
  • Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

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Insight by Type

The area scan segment is expected to be the most significant revenue contributor in the global market. The area scan shortwave IR cameras can be attributed to their widespread adoption across multiple verticals. Shortwave IR cameras are process industries, industrial heating system monitoring, solar cell safety checks, driver vision augmentation, imaging through atmospheric obscurants, and surveillance systems, among area scan applications.

Geographic Overview

In terms of geography, North America had the largest revenue share. The major market segments that account for a significant percentage of the shortwave IR market in North America are military and defense, industrial, and commercial. The United States has the highest defense spending globally and is a primary SWIR cameras and technology market. Furthermore, this region has seen increased demand for these cameras, mainly cooled SWIR cameras, from the scientific research sector.

Moreover, Asia Pacific is expected to witness a high CAGR in the global shortwave infrared (SWIR) market. Due to high industrialization and infrastructure development in Taiwan and China, Asia Pacific is expected to dominate the market. Developing markets such as the Middle East and Africa, and South America are also expected to grow during the forecast period.

Competitive Insight

Some of the major players operating in the global shortwave infrared (SWIR) market include:

  • Allied Vision Technologies,
  • Collins Aerospace,
  • Flir Systems Inc.,
  • Hamamatsu Photonics K.K.,
  • InView Technology Corporation,
  • IRCameras LLC,
  • Leonardo DRS,
  • Lynred,
  • New Imaging Technologies,
  • Opgal Optronic,
  • Princeton Infrared Technologies, Inc.,
  • Raptor Photonics,
  • Sensors Unlimited (United Technologies Company),
  • Teledyne FLIR,
  • Xenics.

Recent Developments

In July 2024, onsemi acquired SWIR Vision Systems Inc., known for its SWIR technology using colloidal quantum dots. This helps sensors capture images beyond normal visible light, improving imaging for industrial automation, security, and self-driving vehicles. By combining SWIR with its CMOS sensors, onsemi plans to deliver cost-effective, high-performance imaging solutions for automotive and defense markets.

In May 2024, Teledyne FLIR LLC partnered with UE Systems Inc. to offer advanced predictive maintenance solutions. The partnership combines thermal imaging with ultrasonic technology for industrial users.

In April 2024, New Imaging Technologies launched a new high-resolution SWIR InGaAs sensor. The NSC2101 features 8µm pixel size, 2 MP resolution (1920x1080), and very low noise, delivering clear images even in tough conditions.

In October 2023, Omron Corporation introduced a new range of SWIR cameras for precise inspection in manufacturing. These cameras detect defects in glass, silicon, and plastics, improving quality control and reducing waste.

Shortwave Infrared (SWIR) Market Report Scope

Report Attributes

Details

Market size value in 2021

USD 167.0 Million

Revenue forecast in 2030

USD 347.9 Million

CAGR

8.7% from 2022 - 2030

Base year

2021

Historical data

2018 - 2020

Forecast period

2022 - 2030

Quantitative units

Revenue in USD billion and CAGR from 2022 to 2030

Segments covered

By Type, By Technology, By End-User, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America; Middle East & Africa

Key Companies

Allied Vision Technologies, Collins Aerospace, Flir Systems Inc., Hamamatsu Photonics K.K., InView Technology Corporation, IRCameras LLC, Leonardo DRS, Lynred, New Imaging Technologies, Opgal Optronic, Princeton Infrared Technologies, Inc., Raptor Photonics, Sensors Unlimited (United Technologies Company), Teledyne FLIR, and Xenics.

FAQ's

The global Shortwave Infrared (SWIR) market is expected to grow from about USD 167.0 million in 2021 to around USD 347.9 million by 2030, at a CAGR of 8.7%.

Shortwave Infrared (SWIR) imaging lets cameras see beyond visible light, helping in tough conditions like low light, haze, or fog. This makes it useful for many sectors such as industrial inspection, automotive vision, and defense use.

Key users include industrial inspection, automotive systems, food & beverage inspection, electronics manufacturing, medical imaging, aerospace, and military & defense applications.

The market is divided into cooled and uncooled SWIR systems; uncooled technology leads because it is less costly and simpler to deploy.

SWIR cameras can detect material defects, moisture content, and hidden features that normal cameras can’t see, improving quality checks in manufacturing and food processing.

North America has the biggest market share due to strong defense and industrial demand, while Asia-Pacific is rapidly expanding because of industrial growth and increased technology adoption.

High sensor costs and the complexity of integrating SWIR systems limit broader use, especially in cost-sensitive industries.

Page last updated on: Jan-2023

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