Shortwave Infrared (SWIR) Market Highlights

Shortwave Infrared market is expected to grow from USD 158.4 million in 2017 to USD 261.6 million by 2023, at a compound annual growth rate (CAGR) of 9.05% during the forecast period. Growing demand of shortwave infrared cameras for machine vision application in various industries such as electronics and semiconductors, food & beverages, and aerospace & defense coupled with advancement in shortwave infrared sensors that enables it to detect objects in low-light and complete darkness drive the growth of shortwave infrared market.

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Shortwave Infrared (SWIR) Market Key players

The prominent players in the shortwave infrared market have been identified across all the major regions based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. The major vendors of the market are Sensors Unlimited (US), Flir Systems (US), Xenics (Belgium), New Imaging Technologies (France), Allied Vision Technologies (Germany), Sofradir (France), Raptor Photonics (UK), Opgal Optronic Industries (Israel), Hamamatsu Photonics K.K. (Japan), Photon Etc. (Canada), Ircameras LLC (US), Princeton Infrared Technologies (US), Episenors (Ireland), and HGH Infrared Systems (France).

These players are largely investing in organic growth strategies such as expansion and new product launches to strengthen their position in the shortwave infrared market. For instance, in 2018, New Imaging Technologies launched a new shortwave infrared camera WiDy SenS largely to cater to surveillance, microscopy, and laser beam profiling applications.

Shortwave Infrared (SWIR) Market Segmentation

Shortwave infrared market is segmented based on scanning type, technology, application and region.

Based on scanning type, the market is bifurcated into area scan and line scan.

By technology, the market is categorized as cooled infrared imaging and uncooled infrared imaging

Based on application, the market is segmented into aerospace & defense, electronics & semiconductor, healthcare, scientific research, FMCG, and others.

By region, the market is segmented into North America, Europe, Asia-Pacific and Rest of the World.

Shortwave Infrared (SWIR) Market Regional Analysis

The global market for shortwave infrared is estimated to grow at a notable rate during the forecast period from 2018 to 2023. The geographical analysis of shortwave infrared market is done for North America, Europe, Asia-Pacific, and the rest of the world.

North America is expected to dominate the shortwave infrared market from 2018 to 2023 owing to the high demand for SWIR cameras from end-use verticals such as defense, healthcare and scientific research. Furthermore, higher concentration global market players and easy availability of proficient technical expertise drive the demand for shortwave infrared cameras.

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TABLE OF CONTENTS

1 Executive Summary

2 Market Introduction

2.1 Definition

2.2 Scope Of The Study

2.3 List Of Assumptions

2.4 Market Structure

3 Market Insights

4 Research Methodology

4.1 Research Process

4.2 Primary Research

4.3 Secondary Research

4.4 Market Size Estimation

4.5 Forecast Model

5 Market Outlook

5.1 Introduction

5.2 Market Dynamics

5.2.1 Drivers

5.2.2 Restraints

5.2.3 Opportunities

5.2.4 Challenges

5.3 Value Chain Analysis

5.4 Porter’s Five Forces Model

5.4.1 Threat Of New Entrants

5.4.2 Bargaining Power Of Suppliers

5.4.3 Bargaining Power Of Buyers

5.4.4 Threat Of Substitutes

5.4.5 Intensity Of Rivalry

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LIST OF TABLES

Table 1 Global High Brightness LED Market, By Region, 2018–2023

Table 2 North America: High Brightness LED Market, By Country, 2018–2023

Table 3 Europe: High Brightness LED Market, By Country, 2018–2023

Table 4 Asia-Pacific: High Brightness LED Market, By Country, 2018–2023

Table 5 Middle East & Africa: High Brightness LED Market, By Country, 2018–2023

LIST OF FIGURES

FIGURE 1 Global High Brightness LED Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis Of Global High Brightness LED Market

FIGURE 4 Value Chain Of Global High Brightness LED Market

FIGURE 5 Share Of Global High Brightness LED Market In 2017, By Country (In %)

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