Shortwave Infrared Market to Reach USD 685.81 Million by 2030 with Impressive CAGR of 12.68%

Dublin, Jan. 24, 2024 (GLOBE NEWSWIRE) -- The "Global Shortwave Infrared Market by Scanning (Area Scan, Line Scan), Technology (Cooled Infrared Imaging, Uncooled Infrared Imaging), Application, Industry - Forecast 2024-2030" report has been added to's offering.

The global Shortwave Infrared (SWIR) Market is poised for substantial growth, as indicated by a detailed market analysis predicting a surge in market valuation to USD 685.81 million by the year 2030, growing at a CAGR of 12.68%. The current market size stands at USD 297.29 million in 2023 and is set to rise to USD 333.55 million in 2024.

Key Insights and Findings:

Offering a glimpse into the market segmentation, the analysis covers various aspects of SWIR, including Area Scan and Line Scan under the Scanning segment and technologies like Cooled and Uncooled Infrared Imaging. The application scope extends across Detection, Monitoring & Inspection, and Security & Surveillance, influencing industries such as Aerospace, Military & Defense, Electronics, and more.

The report also extends its geographic analysis across the Americas, Asia-Pacific, and Europe, Middle East & Africa regions, detailing specific country-level insights into market dynamics.

Key Company Profiles Featured:

Several industry leaders are at the forefront, driving innovation and growth in the Shortwave Infrared Market. Key players have been identified based on their strategic developments, market influence, and product offerings, including innovations in the field of photonics and imaging technologies.

Strategic Insights:

  • Market Penetration: Insightful data on key player market presence.
  • Market Development: Detailed analysis of emerging markets and segmentation penetration.
  • Market Diversification: Information on market diversification strategies, new products, and untapped regions.
  • Competitive Assessment & Intelligence: A comprehensive assessment of market shares and competitive strategies.
  • Product Development & Innovation: An overview of future technologies, R&D activities, and new developments.

The report addresses critical questions for stakeholders and potential investors, regarding the size and forecast of the market, and strategic recommendations for market entry. The trend analysis, along with the technological and regulatory frameworks presented, sets the stage for informed decision-making and identifies the potential for investment in various market segments.

The Shortwave Infrared Market has identified key growth areas and emerging trends, providing a strategic outlook for enterprises looking to tap into this lucrative market. For additional insights and detailed market analysis, interested individuals and companies are encouraged to access the full report now available.

Companies Mentioned

  • Allied Vision Technologies GmbH
  • Axiom Optics
  • Channel Systems Inc.
  • Hamamatsu Photonics K.K.
  • Intevac, Inc.
  • Nedinsco B.V.
  • New Imaging Technologies
  • Photon Etc. Inc.
  • Photonic Science and Engineering Limited
  • Princeton Infrared Technologies, Inc.
  • Raptor Photonics Incorporated
  • Sensors Unlimited, a Collins Aerospace Company
  • Teledyne FLIR LLC
  • TTP plc
  • Xenics NV

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Global Shortwave Infrared Market