The SWIR market is expected to grow from USD 166 million in 2021 to USD 277 million by 2027; it is expected to grow at a CAGR of 8.9% – Yahoo Finance

during the forecast period. The major driving factors for the growth of the SWIR market include the growing use of SWIR cameras in military & defense applications. Hardware to have the largest market size in SWIR market during the forecast period

New York, Jan. 21, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Shortwave Infrared Market with COVID-19 Impact Analysis by Scanning Type, Application, Technology, Vertical, Offering and Region - Global Forecast to 2027" - https://www.reportlinker.com/p05106686/?utm_source=GNW The SWIR market had been witnessing significant growth in the past years owing to the high adoption of SWIR hardware in different verticals.SWIR hardware include cameras and modules that enables users to see beyond the visible spectrum.

SWIR cameras based on SWIR technology are frequently used in night vision enhancement, moisture detection, solar cell inspection, camouflage detection, silicon wafer inspection, and surveillance applications.

Indium gallium arsenide (InGaAs) is the most common material used in SWIR products.

Indium gallium arsenide (InGaAs) is the most common material used in infrared (IR) spectroscopy for studying light in the wavelength ranging from 0.9 to 1.7 microns. InGaAs detectors are usually cooled thermoelectrically or cryogenically to enable them to withstand long exposure to light for data acquisition. Innovations and the production of the InGaAs material with a high quantum efficiency (QE) and low dark current have made Collins Aerospace (US), the worlds leading supplier of linear photodiode arrays for IR spectroscopy camera systems. Moreover, the increasing production of the InGaAs material has led to the development of a number of linear arrays and cameras.

Detection application to witness significant CAGR in SWIR market share during the forecast periodSWIR technology is used for detection applications in a number of industries.The detection process is generally carried out during the production phase in industries wherein products are randomly taken out from the lot and are scanned using SWIR cameras to detect defects, if any.

SWIR cameras are used to detect the contamination of food & beverages and the presence of chemicals and moisture. These cameras are used for medical applications as well.In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with key officials in the SWIR market. Following is the breakup of the profiles of primary participants for the report. By Company Type: Tier 1 35 %, Tier 2 45%, and Tier 3 20% By Designation: C-Level Executives 35%, Directors 25%, and Others 40% By Region: North America 45%, Europe 20%, APAC 30%, and RoW 5%The report profiles key players in the SWIR market and analyzes their market shares. Players profiled in this report are Collins Aerospace (US), Teledyne FLIR (US), Xenics (Belgium), New Imaging Technologies (France) and Allied Vision Technologies (Germany) Raptor Photonics (UK), Lynred (France), Opgal Optronic (Israel), Photon etc. (Canada), Himamatsu Photonics (Japan), Intevac (US), InView Technology (US), Sierra-Olympic Technologies (US), FluxData(US), IRCameras (US), Episensors (US), Princeton Infrared Technologies (US), Leonardo DRS (US), InfraTec (Germany), Tonbo Imaging (India), COX (South Korea), C-THERMAL (Austria), Dali Technology (China), Axis Communication (Sweden), and HGH Infrared Systems (France).

Research CoverageThis report segments the SWIR market by offering, material, technology, scanning type, vertical, application and geography.The report also describes the drivers, restraints, opportunities, and challenges of this market.

Further, the report includes the value chain analysis, porters five forces analysis, trade analysis, ecosystem, technological trends, pricing analysis, key patents, standards and frameworks, and case studies/use cases.

Reasons to Buy This Report

The report will help leaders/new entrants in the SWIR market in the following ways:1. The report segments the SWIR market comprehensively and provides the closest market size estimation for all subsegments across regions.2. The report will help stakeholders understand the pulse of the market and provide them with information on key drivers, restraints, challenges, and opportunities about the SWIR market.3. The report will help stakeholders understand their competitors better and gain insights to improve their position in the SWIR market. The competitive landscape section describes the competitor ecosystem.Read the full report: https://www.reportlinker.com/p05106686/?utm_source=GNW

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The SWIR market is expected to grow from USD 166 million in 2021 to USD 277 million by 2027; it is expected to grow at a CAGR of 8.9% - Yahoo Finance