Shortwave Infrared Market to Garner Brimming Revenues by 2025
Shortwave infrared technology has long been used in various industrial applications such as civil applications, military applications, industrial manufacturing applications and other because of its distinct features. In addition, Shortwave infrared technology are used in a variety of applications such as electronic board inspection, identifying and sorting, solar cell inspection, produce inspection, surveillance, anti-counterfeiting, process quality control, and much more. Technological advancements of various industrial applications will drive the growth of shortwave infrared market. Technological development of shortwave IR detector in terms of size, weight, and power at low cost as well as the night sighting capabilities for military application will fuel the growth of the Shortwave Infrared market. In addition worldwide adaptation of night vision technologies by enterprises will drive the demand of Shortwave Infrared across the globe.Short-wave infrared is defined as light in the 0.9 – 1.7μm wavelength range, but can also be classified from 0.7 – 2.5μm. Short-wave infrared has specific wavelength range over which optical and electronic components are designed and coated.
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Shortwave Infrared market: Drivers and Challenges
The major growth drivers of the Shortwave Infrared market include increasing demand of shortwave infrared (SWIR) cameras for industrial use and adaptation of night vision technologies. In addition, Use of Shortwave Infrared in various industry verticals could drive the growth of Shortwave Infrared market.
Major challenges of Shortwave Infrared market are government regulations coupled with the high cost of materials are hampering the growth of shortwave infrared market. Moreover, economic difficulties are some of the major factors which could hinder the growth of Shortwave Infrared Market.
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Key Players
Some of the major players in Global Shortwave Infrared Market are Sensors Unlimited, Inc., Teledyne DALSA, Inc., Xenics, Allied Vision Technologies GmbH, FLIR Systems Inc., EPIsensors, Inc., Hamamatsu Photonics, IRcameras LLC, New Imaging Technologies, Princeton Infrared Technologies, Inc., Princeton Instruments, Raptor Photonics Limited, Sofradir Group, Xenics NV and Leonardo DRS
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