Increase in Applications in Scientific Research for Surveillance & Object Detection Anticipated to Drive Global SWIR Cameras Market: Ken Research

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SWIR refers to Short-wave infrared, which defines a specific wavelength range over which electronic and optical components are coated & designed. Most of the SWIR cameras available in the marketplace are used InGaAS (Indium Gallium Arsenide) sensor. It can detect wavelength between 900nm-1700 nm that is not visible by CMOS or CCD camera and human eye. This type of camera provides numerous benefits to consumer which includes lightweight, lower price and low power consumption capacity. In addition to this, SWIR imaging compromises several other benefits compared to other visible instruments when used for various types of application which includes sorting, quality control, inspection, and surveillance among others applications. Furthermore, semiconductor industry integrates SWIR imaging cameras for testing, inspection, and quality control purpose.

Global SWIR Cameras MarketAccording to study, “Global SWIR Cameras Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024” the key companies operating in the Global SWIR cameras market are FLIR Systems, Sensors Unlimited, Hamamatsu Photonics K.K., Allied Vision Technologies, Xenics, InView Technology, Hgh Infrared Systems, Princeton Instruments, Infratec, Photon Etc., Intevac, C-Thermal, IRCameras, New Imaging Technologies, Opgal Optronic Industries, Fluxdata, Princeton Infrared Technologies, Raptor Photonics, Princeton Instruments, Infiniti Electro-Optics, Episensors, Photonic Science, Sofradir.

Based on scanning type, SWIR cameras market is segmented into line scan and area scan. Based on technology, market is segmented into cooled infrared imaging and uncooled infrared imaging. Cooled infrared imaging SWIR camera has detectors that are more sensitive than uncooled SWIR cameras, while the cost of uncooled cameras is usually lower than that of cooled cameras. Based on application, market is segmented into inspection of semiconductor material, food analysis and shorting, plastic shorting, hyper spectral imaging, metal process monitoring & inspection, airborne imaging sensing, geology and mineral inspection. In addition, based on vertical, market is segmented into industrial and non-industrial. Industrial segment is further sub-segmented into food & beverages, electronics & semiconductors, aerospace, glass and others. Additionally, non-industrial segment is further sub-segmented into medical, civil infrastructure, military & defense and scientific research.

The SWIR cameras market is driven by rise in penetration of SWIR cameras in commercial vertical, followed by high popularity of InGaAs SWIR cameras, rise in need for miniaturization & low-power consumption technology growth in development of technologically advanced SWIR product and rise in military & defense vertical. However, high cost of SWIR cameras and growth in regulations on import & export of infrared products may impact the market. Moreover, expansion of application areas of SWIR cameras is a key opportunity for market.

Based on geography, the North-American region holds largest share in SWIR cameras market owing to high technological adoption of SWIR camera laser in military & defense, industrial and others industries in the region. The Asian-Pacific region is expected to witness higher growth rate due to industrially developing economies over the forecast period. It is estimated that future of the market will be bright on account of growth in government investments on military devices during the forecast period. The worldwide market for SWIR Cameras is estimated to grow at a CAGR of approximately 8.9% over the next five years, will reach US $190 million in 2024, from US $130 million in 2019.

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Global SWIR Cameras Market

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