In recent years, the SWIR image sensor market has seen rapid expansion. Its market value was $269.2 million in 2022, and by 2030, it is anticipated to have increased to $487.4 million, with a CAGR of 7.7% over the forecast period (2023-2030). Several factors, such as the rising demand for SWIR sensors in military and defense applications, the rising adoption of SWIR sensors in machine vision and automation applications, and the development of advanced SWIR sensor technologies, are responsible for the growth of the SWIR sensor market.

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SWIR sensors have a number of benefits over other imaging technologies like thermal or visible light cameras. One of the key advantages is that they can pierce certain materials like glass and plastic, which allows them to see over barriers. SWIR sensors can also detect water and silicon, which are inaccessible to other types of sensors.
Growth Drivers:
SWIR sensors are perfect for machine vision and automation applications in sectors including automotive, electronics, and manufacturing since they have high-resolution imaging capabilities and can function in low-light environments.
Many military and defense applications, including surveillance, target acquisition, and navigation for unmanned aerial vehicles (UAVs) and other defense technology, use SWIR sensors.
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Market Segmentation:
By Application:
• Machine Vision & Automation
• Military & Defense
• Food & Agriculture
• Medical & Scientific Research
By Technology:
• Indium Gallium Arsenide (InGaAs) Sensors
• Mercury Cadmium Telluride (MCT) Sensors
• Others (Type-II Superlattice (T2SL) Sensors
• Quantum Dots (QD) Sensors)
By Region:
• North America
• Europe
• Asia Pacific
• Rest of The World (Row)
Market Key Players:
• Allied Vision
• BAE Systems
• Basler
• FLIR Systems Inc.
• Hamamatsu Photonics K.K.
• JAI
• Leonardo DRS
• New Imaging Technologies (NIT)
• Photonfocus
• Princeton Infrared Technologies (PIRT)
• Raptor Photonics
• Sensors Unlimited
• Sofradir Group
• Teledyne DALSA
• Xenics NV

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