According to the new market research report "Shortwave Infrared (SWIR) Market
by Scanning Type (Area Scan and Line Scan), Technology (Cooled and
Uncooled), Application (Security & Surveillance, Monitoring &
Inspection, and Detection), Vertical, and Geography - Global Forecast to
2024", the SWIR market is expected to be worth USD 147
million in 2018 and reach USD 258 million by 2024, at a CAGR of 9.87%
from 2018 to 2024. The growth of this market can be attributed to the
high demand for SWIR cameras from the nonindustrial vertical,
especially from military & defense sector for security &
surveillance application.
• Download PDF Brochure:-
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=52975079
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=52975079
Uncooled segment to hold larger share of SWIR market in 2018
By technology, the uncooled segment leads the SWIR
market. The dominant position of this segment can be attributed to the
high demand for uncooled SWIR cameras owing to their low cost compared
with cooled SWIR cameras. A few applications where uncooled cameras are
used include industrial inspection, food inspection, optical coherence
tomography, telecommunications fiber and waveguide alignment, driver
vision enhancement, astronomy, and spectroscopy.
Market for monitoring & inspection application to grow at highest CAGR during forecast period
The SWIR market for the monitoring and inspection
application is expected to witness the highest growth during the
forecast period. Rising demand for SWIR cameras for quality control is
among the major factors accelerating the growth of the SWIR market for
the monitoring and inspection application. Food & beverages,
electronics & semiconductors, pharmaceuticals, glass, and aerospace
are among the industries that use SWIR cameras for the monitoring and
inspection application.
North America expected to hold largest share of SWIR market in 2018
North America is expected to hold the largest share
of the SWIR market in 2018. The US currently accounts for the largest
share of the SWIR market in North America, followed by Canada and
Mexico. APAC is expected to witness significant growth in the SWIR
market during the forecast period. China, India, and Japan are the key
countries contributing to the growth of the SWIR market in APAC.
Security & surveillance, and monitoring & inspection are the key
applications for which SWIR cameras are used in these regions.
A few key players operating in the SWIR market are
Sensors Unlimited (US), FLIR Systems (US), Xenics (Belgium), New Imaging
Technologies (France), Allied Vision Technologies (Germany), Sofradir
(France), Raptor Photonics (UK), Hamamatsu Photonics K.K. (Japan), and
Opgal Optronic Industries (Israel).
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research
on 30,000 high growth niche opportunities/threats which will impact 70%
to 80% of worldwide companies’ revenues. Currently servicing 7500
customers worldwide including 80% of global Fortune 1000 companies as
clients. Almost 75,000 top officers across eight industries worldwide
approach MarketsandMarkets™ for their painpoints around revenues
decisions.
Our 850 fulltime analyst and SMEs at
MarketsandMarkets™ are tracking global high growth markets following the
"Growth Engagement Model – GEM". The GEM aims at proactive
collaboration with the clients to identify new opportunities, identify
most important customers, write "Attack, avoid and defend" strategies,
identify sources of incremental revenues for both the company and its
competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants
(Positioning top players across leaders, emerging companies, innovators,
strategic players) annually in high growth emerging segments.
MarketsandMarkets™ is determined to benefit more than 10,000 companies
this year for their revenue planning and help them take their
innovations/disruptions early to the market by providing them research
ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence
and market research platform, "Knowledgestore" connects over 200,000
markets and entire value chains for deeper understanding of the unmet
insights along with market sizing and forecasts of niche markets.
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
No comments:
Post a Comment