The global SWIR camera market size reached US$ 199.4 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 324.3 Million by 2028, exhibiting a growth rate (CAGR) of 8.50% during 2023-2028. The widespread product utilization across various industries, the growing requirement for environmental monitoring, and ongoing improvements in sensor technologies represent some of the key factors driving the market.
|Market Size in 2022
||US$ 199.4 Million
|Market Forecast in 2028
||US$ 324.3 Million
|Market Growth Rate (2023-2028)
A SWIR camera is an advanced imaging device that captures images in the short-wave infrared spectrum of light. It utilizes specialized sensors and lenses that are sensitive to these specific wavelengths, allowing them to capture images in various applications and environments. It has the ability to see through certain materials and atmospheric conditions that can obscure visibility in the visible spectrum, due to which it is widely utilized in various industries, such as security, surveillance, industrial inspection, and scientific research. Additionally, it has the ability to penetrate fog, smoke, and other atmospheric conditions that can hinder visibility in the visible spectrum, which makes it valuable in applications, such as surveillance, search and rescue operations, and monitoring of outdoor environments. It can also be employed in the field of agriculture, where they can assess crop health, monitor vegetation growth, and identify irrigation issues.
SWIR Camera Market Trends:
The widespread utilization of SWIR cameras across various industries is driving the global market. Moreover, continuous advancements in technology, such as improvements in sensor sensitivity, image quality, and miniaturization of components, have made SWIR cameras more accessible and cost-effective, thus providing a boost to the market. In line with this, ongoing improvements in sensor technologies, such as the development of high-performance indium gallium arsenide (InGaAs) sensors, is creating a positive market outlook as these technological advancements enable SWIR cameras to capture more detailed and accurate images, thus expanding their applicability in demanding environments. Apart from this, the governments of several countries are heavily investing in research and development initiatives to advance SWIR camera technologies, which is acting as another growth-inducing factor. The market is further driven by the growing product requirement for environmental monitoring and resource management as SWIR cameras can be used for analyzing vegetation health, mapping land cover, monitoring water quality, and assessing environmental impacts. Besides, the increased demand for non-destructive testing (NDT) is impelling the market as SWIR cameras provide valuable capabilities for NDT, such as the detection of internal defects, material composition analysis, and thermal profiling, leading to increased adoption in these sectors. Furthermore, the rising demand for machine vision is supporting the SWIR camera market as these offer unique capabilities that complement and enhance machine vision systems, leading to increased demand for SWIR cameras in industrial automation and manufacturing sectors.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global SWIR camera market report, along with forecasts at the global, regional, and country levels for 2023-2028. Our report has categorized the market based on product, application, and end user.
- Short Wave Infrared (SWIR) Linear Camera
- Short Wave Infrared (SWIR) Area Camera
The report has provided a detailed breakup and analysis of the SWIR camera market based on the product. This includes short wave infrared (SWIR) linear camera and short wave infrared (SWIR) area camera. According to the report, short wave infrared (SWIR) linear camera represented the largest segment.
- Inspection and Quality Control
- Security and Surveillance
A detailed breakup and analysis of the SWIR camera market based on the application has also been provided in the report. This includes inspection and quality control, security and surveillance, astronomy, thermography, spectroscopy, and others. According to the report, security and surveillance accounted for the largest market share.
End User Insights
- Industrial Manufacturing
- Aerospace and Defense
- Scientific Research and Life Sciences
A detailed breakup and analysis of the SWIR camera market based on the end user has also been provided in the report. This includes industrial manufacturing, aerospace and defense, scientific research and life sciences, and others. According to the report, industrial manufacturing accounted for the largest market share.
- North America
- United Kingdom
- Asia Pacific
- South Korea
- Latin America
- Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America was the largest market for SWIR camera. Some of the factors driving the North America SWIR camera market included the increased demand for non-destructive testing (NDT), growing initiatives to advance SWIR camera technologies, and the development of high-performance indium gallium arsenide.
The report has also provided a comprehensive analysis of the competitive landscape in the global SWIR camera market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include Allied Vision Technologies (TKH Group), IRCameras LLC, New Imaging Technologies, Princeton Infrared Technologies Inc., Raptor Photonics Limited, Sensors Unlimited Inc. (Raytheon Technologies Corporation), Sierra-Olympic Systems Inc., Teledyne FLIR LLC (Teledyne Technologies Incorporated), Xenics nv., etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
|Base Year of the Analysis
| Historical Period
|Scope of the Report
||Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
- End User
||Short Wave Infrared (SWIR) Linear Camera,, Short Wave Infrared (SWIR) Area Camera
||Inspection and Quality Control, Security and Surveillance, Astronomy, Thermography, Spectroscopy, Others
|End Users Covered
||Industrial Manufacturing, Aerospace and Defense, Scientific Research and Life Sciences, Others
||Asia Pacific, Europe, North America, Latin America, Middle East and Africa
||United States, Canada, Germany, France, United Kingdom, Italy, Spain, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
||Allied Vision Technologies (TKH Group), IRCameras LLC, New Imaging Technologies, Princeton Infrared Technologies Inc., Raptor Photonics Limited, Sensors Unlimited Inc. (Raytheon Technologies Corporation), Sierra-Olympic Systems Inc., Teledyne FLIR LLC (Teledyne Technologies Incorporated), Xenics nv., etc.
||10% Free Customization
|Report Price and Purchase Option
||Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
|Post-Sale Analyst Support
||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)
Key Questions Answered in This Report:
- How has the global SWIR camera market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global SWIR camera market?
- What is the impact of each driver, restraint, and opportunity on the global SWIR camera market?
- What are the key regional markets?
- Which countries represent the most attractive SWIR camera market?
- What is the breakup of the market based on the product?
- Which is the most attractive product in the SWIR camera market?
- What is the breakup of the market based on the application?
- Which is the most attractive application in the SWIR camera market?
- What is the breakup of the market based on end user?
- Which is the most attractive end user in the SWIR camera market?
- What is the competitive structure of the global SWIR camera market?
- Who are the key players/companies in the global SWIR camera market?
Key Benefits for Stakeholders:
- IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the SWIR camera market from 2017-2028.
- The research study provides the latest information on the market drivers, challenges, and opportunities in the global SWIR camera market.
- The study maps the leading, as well as the fastest-growing, regional markets. It further enables stakeholders to identify the key country-level markets within each region.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the SWIR camera industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.