Shortwave Infrared Market is expected to reach US$ 2.27 Bn. by 2029, at a CAGR of 7.62% during the forecast period.

Shortwave Infrared Market Overview:

Shortwave Infrared Market size was valued at US$ 8.09 Bn in 2022 and the total revenue is expected to grow at 5.81% through 2023 to 2029, reaching nearly US$ 12.01 Bn.

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In-depth analysis of the market scope and research methodology for the emerging sector of Shortwave Infrared Market:

The Shortwave Infrared market report covers a wide range of topics that impact market dynamics, trends, opportunities, and challenges. It also includes a thorough analysis of the worldwide landscape. This comprehensive analysis also looks at how the market is divided into segments according to services category, company size, end-user sector, and geographical regions. The study also closely examines major industry participants, assessing their approaches, line of business, results, and place in the Shortwave Infrared market. To give a comprehensive picture of the market environment, a thorough evaluation of macroeconomic variables, regulatory frameworks, and technical developments is also carried out.

Also, the research offers detailed insights into the dynamics of the Shortwave Infrared market, including opportunities, challenges, constraints, and drivers. Using a bottom-up methodology, estimates of the size of the worldwide and regional Shortwave Infrared market were developed. The study provides a thorough value chain analysis that clarifies the Shortwave Infrared production process and incorporates information about distributors, consumers, and raw materials. Furthermore, the use of PORTER and PESTLE studies, in conjunction with evaluations of market attractiveness, enhances comprehension of the Shortwave Infrared market on a global and micro level.

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Shortwave Infrared Market Segmentation:

by Technology

• Cooled Infrared Imaging
• Uncooled Infrared Imaging

The uncooled infrared imaging category led the market in 2021 and is anticipated to grow at a high rate of 8.26% CAGR over the course of the forecast period. The increase is ascribed to the widespread use of uncooled SWIR cameras, which are more affordable than cooled SWIR cameras. The market is expanding due to the recent acceleration towards uncooled infrared sensor technologies. The market is eventually expanding due to manufacturers' growing use of uncooled infrared imaging technology for a range of applications, including military, commercial, industrial, and automotive IR camera goods.

by Scanning Type

• Area Scan
• Line Scan

by Application

• Security Surveillance
• Monitoring Inspection
• Detection

The security and surveillance category led the market in 2021 and is anticipated to continue to do so at a compound annual growth rate (CAGR) during the forecast period. The market is expanding as a result of the increasing use of SWIR imaging for security and surveillance in numerous emergency and military services. Compared to MWIR and LWIR band cameras, SWIR band cameras provide crucial information for security applications, such as the capacity to identify or recognize an object or target. Additionally, it enhances vision even in adverse weather circumstances including smoke, sandstorms, and fog haze. It offers several significant advantages in security and surveillance applications, including a broad dynamic range, high sensitivity, low maintenance costs, and the capacity to view pictures through glass, fog, and haze, all of which are driving the market's expansion.

by Industry

• Industrial
• Nonindustrial

Shortwave Infrared Market, by Region

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Shortwave Infrared Market Key Players:

• Sensors Unlimited Inc
• FLIR Systems, Inc
• Xenics
• New Imaging Technologies
• Allied Vision Technologies GmbH
• Sofradir
• Raptor Photonics Limited
• OPGAL Optronics Industries Ltd
• Hamamatsu Photonics K.K
• Photon Etc. Inc
• C-THERMAL
• HGH Infrared Systems
• Photonic Science Engineering Limited
• FluxData, Inc
• InfraTec infrared LLC
• Intevac, Inc
• Princeton Instruments, Inc
• Sony Corp
• Teledyne DALSA, Inc.
• EPIsensors, Inc.
• IRcameras LLC
• Leonardo DRS
• Episensors, Inc.

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Shortwave Infrared Market Regional Insights :

The size and trends in the Shortwave Infrared market in each of the following regions are thoroughly examined in this research: North America (which includes the United States, Canada, and Mexico); Europe (which includes France, Spain, Germany, Italy, and other European countries); Asia-Pacific (which includes China, Japan, India, Australia, South Korea, ASEAN countries, and others APAC countries); South America (which includes Argentina, Brazil, and other South American countries); and Middle East and Africa (which includes South Africa, Egypt, and other MEA countries).

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Your Ultimate Guide: Key Questions Answered in the Latest Market Report:

• What is Shortwave Infrared?
• What was the Shortwave Infrared market size in 2021?
• Which are the factors expected to drive the Shortwave Infrared market growth?
• Who are the leading companies and what are their portfolios in Shortwave Infrared Market?
• What growth strategies are the players considering to increase their presence in Shortwave Infrared?
• What are the upcoming industry applications and trends for the Shortwave Infrared Market?
• What will be the CAGR at which the Shortwave Infrared market will grow?
• What are the recent industry trends that can be implemented to generate additional revenue streams for the Shortwave Infrared Market?
• What are the different segments of the Shortwave Infrared Market?
• What is the growth rate of the Shortwave Infrared Market?
• What segments are covered in the Shortwave Infrared Market?
• Who are the key players in the Shortwave Infrared market?
• What are the key challenges and opportunities in the Shortwave Infrared market?
• Which application holds the highest potential in the Shortwave Infrared market?

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Key Offerings:

• Past Market Size and Competitive Landscape (2017 to 2021)
• Past Pricing and price curve by region (2017 to 2021)
• Market Size, Share, Size Forecast by different segment | 2022−2029
• Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation – A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape – Profiles of selected key players by region from a strategic perspective
  • Competitive landscape – Market Leaders, Market Followers, Regional player
  • Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER’s analysis
• Value chain and supply chain analysis
• Legal Aspects of Business by Region
• Lucrative business opportunities with SWOT analysis
• Recommendations

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