Shortwave Infrared (SWIR) Market 2017 - Global Forecast to 2023: High Demand for SWIR Line Scan Cameras for Machine Vision Applications

The SWIR market was valued at USD 809.9 Million in 2016 and is expected to reach USD 1,357.7 Million by 2023, at a CAGR of 7.68% during the forecast period.

The growth of this market is being propelled by the growing demand for SWIR cameras, especially from industrial, military and defense, commercial, and scientific research verticals. Some of the major applications for which SWIR cameras are used in these verticals include solar cell inspection, night vision enhancement, moisture detection, camouflage detection, silicon wafer inspection, and surveillance.

The report segments the SWIR market on the basis of scanning type, technology, vertical, and geography. The said market is expected to be led by uncooled SWIR cameras during the forecast period. The high popularity of these cameras can be attributed to their low cost in comparison with cooled SWIR cameras.

The high price of SWIR cameras compared with other substitute technologies available in the market has hampered the widespread application of these cameras. However, a number of key players are focusing on lowering the cost of SWIR cameras through several modifications, such as by reducing their size and decreasing power consumption, innovating detector technology, and reducing the cost involved in packaging, electronics, and optics.

Some of the major companies operating in the SWIR market are Sensors Unlimited (US), FLIR Systems (US), Xenics (Belgium), New Imaging Technologies (France), Allied Vision Technologies (Germany), Hamamatsu Photonics K.K. (Japan), Photon etc. (Canada), Princeton Instruments (US), Sofradir Group (France), and Raptor Photonics (UK).

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 SWIR Market, By Scanning Type

7 SWIR Market, By Technology

8 SWIR Market, By Vertical

9 Geographic Analysis

10 Competitive Landscape

11 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/dnr66k/shortwave

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