openPR Logo
Press release

Shortwave Infrared (SWIR) Market Projected to reach $258 million by 2024 | Key players include Sensors Unlimited, FLIR Systems, Xenics and New Imaging Technologies

02-14-2019 10:14 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: MarketsandMarkets™

MarketsandMarkets

MarketsandMarkets

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.

Browse 63 market data Tables and 47 Figures spread through 172 Pages and in-depth TOC on "Shortwave Infrared (SWIR) Market - Global Forecast to 2024"
View detailed Table of Content here -
https://www.marketsandmarkets.com/Market-Reports/shortwave-ir-market-52975079.html

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.

Request for Customization @ https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=52975079&utm_source=OpenPR

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.

Inquiry Before Buying @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=52975079&utm_source=OpenPR

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).

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.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Shortwave Infrared (SWIR) Market Projected to reach $258 million by 2024 | Key players include Sensors Unlimited, FLIR Systems, Xenics and New Imaging Technologies here

News-ID: 1587830 • Views: 293

More Releases from MarketsandMarkets™

UV/Visible Spectroscopy Market worth $1.2 billion by 2025 - Leading Key Players …
According to the new market research report "UV/Visible Spectroscopy Market by Instrument Type (Single-Beam, Dual-Beam), Application (Academic Application, Industrial Application), End User (Pharmaceutical & Biotechnology Companies, Academic & Research Institutes) - Global Forecast to 2025", published by MarketsandMarkets™, the market is expected to reach USD 1.2 billion by 2025 from USD 1.0 billion in 2020, at a CAGR of 4.7%. Browse in-depth TOC on "UV/Visible Spectroscopy Market" 131 – Tables 34 – Figures 166
Social Media Analytics Market predicted to gain $15.6 billion by 2025
According to a new market research report "Social Media Analytics Market by Component, Application (Sales and Marketing Management, Customer Experience Management, and Competitive Intelligence), Deployment Model, Organization Size, Industry Vertical, and Region - Global Forecast to 2025" published by MarketsandMarkets™, the social media analytics market size expected to grow from USD 3.6 billion in 2020 to USD 15.6 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 34.1%
Product Information Management (PIM) Market will reach $16.0 billion by 2025
According to a new market research report "Product Information Management (PIM) Market by Component (Solutions and Services), Solution (Multi-mode, and Single-mode), Deployment Type (On-premises and Cloud), Organization Size, Vertical, and Region - Global Forecast to 2025"published by MarketsandMarkets™, the market size expected to grow from USD 9.0 billion in 2020 to USD 16.0 billion by 2025, at a CAGR of 12.2% during the forecast period. The major factors driving the
Telecom Service Assurance Market will gain $9.4 billion by 2025 at CAGR 9.2%
According to a new market research report "Telecom Service Assurance Market by Solution (Products (Performance Management, Intelligent Assurance and Analytics) and Services), Operator Type (Mobile and Fixed), Deployment Type, Organization Size, and Region - Global Forecast to 2025" published by MarketsandMarkets™, the Telecom Service Assurance Market size is expected to grow from USD 6.0 billion in 2020 to USD 9.4 billion by 2025, at a Compound Annual Growth Rate (CAGR)

All 5 Releases


More Releases for SWIR

Global SWIR Cameras Market Overview Report by 2020-2025
Scope of the Report: The global SWIR Cameras market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of xx%% in the forecast period of 2020 to 2025 and will expected to reach USD xx million by 2025, from USD xx million in 2019. Market segmentation SWIR Cameras market is split by Type and by Application. For the period 2015-2025, the growth among segments
SWIR Equipment Market Size, Share, Development by 2025
LP INFORMATION recently released a research report on the SWIR Equipment market analysis, which studies the Dynamic Light Scattering (DLS) Analysis's industry coverage, current market competitive status, and market outlook and forecast by 2025. Global “ Global SWIR Equipment Market Growth 2020-2025 ” Research Report categorizes the global Dynamic Light Scattering (DLS) Analysis market by key players, product type, applications and regions,etc. The report also covers
Shortwave Infrared(SWIR) Camera Market Size by 2025: QY Research
Global Shortwave Infrared(SWIR) Camera Market report is designed in a method that helps readers to acquire a complete knowledge about the overall market scenario for the projected period. This Market report consists of the brief profile of key players in the industry and their upcoming market plans and current developments during the forecasted period 2018 to 2025. The report of global Shortwave Infrared(SWIR) Camera market includes the competitive landscape section which provides the full
Global SWIR Hyperspectral Imaging Market 2018 - Telops, BaySpec, Brimrose, Zolix
Apex Market Reports, recently published a detailed market research study focused on the “SWIR Hyperspectral Imaging Market” across the global, regional and country level. The report provides 360° analysis of “SWIR Hyperspectral Imaging Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of SWIR
Shortwave Infrared (SWIR) Market 2017 – High Demand for SWIR Line Scan Cameras …
Qyresearchreports include new market research report Global SWIR Camera Market Research Report 2017 to its huge collection of research reports. This report on the global SWIR Camera market has been developed by a designated team of professional market researchers analysts, with a unique way to provide the recent outlook of the market for SWIR Camera and focus on its growth prospects. The report concentrates on audiences such as manufacturers and service
Global SWIR Camera Sales Market Report 2017
This report studies sales (consumption) of SWIR Camera in Global market, especially in United States, China, Europe and Japan, focuses on top players in these regions/countries, with sales, price, revenue and market share for each player in these regions, covering Sensors Unlimited Xenics Photonic Science Princeton Instruments Axiom Optics New Imaging Technologies FLIR Systems IR Cameras Atik Cameras Raptor Market Segment by Regions, this report splits Global into several key Regions, with sales (consumption), revenue, market share and growth rate of