The market for short-wave infrared cameras was valued at US$168.45 million in 2021 and is projected to grow to US$300.43 million by 2029, at a CAGR of 7.5%.
Global Short-Wave Infrared Camera Market Overview
The "Global Short-Wave Infrared Camera Market” analysis is a specialized and extensive examination of the Global Short-Wave Infrared Camera market, with a particular emphasis on global market trends and analysis. The purpose of the report is to give an overview of the Global Short-Wave Infrared Camera market, as well as extensive market segmentation by type, end-user, and geography of the region. During the predicted period, the Global Short-Wave Infrared Camera market is expected to develop rapidly. The research provides important information on the market position of the Global Short-Wave Infrared Camera market major players, as well as significant market trends and opportunities.
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Global Short-Wave Infrared Camera Market Scope
The report includes a SWOT analysis to assess the Global Short-Wave Infrared Camera market strengths and weaknesses. The research analyst conducts thorough research of the Global Short-Wave Infrared Camera Market size, share, trends, total earnings, gross revenue, and profit margin to precisely anticipate the market and give professional insights to investors to keep them up to speed on market developments.
The report on Global Short-Wave Infrared Camera Market offers a thorough analysis of the industry that is equipped with a major key finding that includes major market drivers, opportunities, challenges, and growth rate of the Global Short-Wave Infrared Camera market. The report acts as a guide for investors in the industry. The report provides the size of the Global Short-Wave Infrared Camera Market and Compound Annual Growth Rate for the forecast period (2022 to 2029).
Segmentation
The uncooled infrared imaging category, which led the market in terms of technology in 2021, is anticipated to experience rapid expansion at a CAGR of xx% throughout the course of the forecast period. The market is expanding as a result of an increase in the use of uncooled infrared technology-based SWIR cameras, which have advantages over cooled infrared imaging-based SWIR cameras such low cost and high sensitivity. Throughout the projected period, the market is anticipated to increase as a result of manufacturers' growing preference for uncooled IR sensor technology and the demand for uncooled SWIR imaging technology from industries such as commercial, automotive, military, and industrial.
By industry, the security and surveillance and industrial segments led the market in 2021 and are predicted to continue leading at a CAGR of xx% over the projected period. The market is expanding as a result of an increase in the use of SWIR cameras for security and surveillance purposes in various emergency and military services. SWIR cameras offer some significant advantages in security and surveillance applications, including improved vision even in challenging weather conditions like smoke, sandstorms, and fog haze, the ability to identify or recognise an object in low light conditions and high sensitivity, broad dynamic range, and low maintenance costs, which is ultimately driving the market's expansion.
In terms of regions, North America commanded the highest market share in 2021 and is anticipated to keep up its hegemony at a CAGR of xx% throughout the course of the projected period. The main driving forces behind the market's expansion are the US and Canada. The high adoption of SWIR imaging cameras in a variety of applications, including moisture detection, spectroscopy for sorting, night vision imaging, laser imaging, and thermal imaging, is credited with the increase.
The market is expanding in the NA region as a result of increased demand for SWIR cameras in the military and defence, industrial, security, and surveillance sectors, as well as rising investments in infrared technology R&D and the defence industry.
Key Players
• FLIR Systems
• Xenics
• Sensor Unlimited
• Hamamatsu Photonics
• Photonic Science
• Axiom Optics
• Atik Cameras
• New Imaging Technologies
• Princeton Instruments
• Sony
• Allied Vision Technologies GmbH
• FluxData, Inc
• InfraTec infrared LLC
• Intevac, Inc
• Photon Etc. Inc
Regional Analysis
The Global Short-Wave Infrared Camera market research provides the market area, which is further divided into sub-regions and countries. This section of the report contains information on profit forecasts as well as market share in each country. This part of the report discusses each region, country, and sub-market region's share and growth rate over the estimated time.
The report provides a PESTLE analysis for all five regions namely North America, Europe, Asia Pacific, Middle East, Africa, and South America for the Global Short-Wave Infrared Camera market.
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Global Short-Wave Infrared Camera market analysis , Global Short-Wave Infrared Camera market size , Global Short-Wave Infrared Camera market share
Mar 05, 2023
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