Global SWIR Market to 2032

Overview

The Global SWIR Market is expected to reach a 453.08 USD Million by 2032 and is projected to grow at a CAGR of 7.05% from 2025 to 2032.

Revenue, 2024 (USD Million)
233.31
Forecast, 2032 (USD Million)
453.08
CAGR, 2024 - 2032
7.05%
Report Coverage
Global

Global SWIR Market 2018-2032 USD Million

Global SWIR Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 233.31 USD Million
  • Projected Market Size (2032): 453.08 USD Million
  • CAGR (2025-2032): 7.05%

Key Findings of Global SWIR Market

  • The Global SWIR Market was valued at 453.08 USD Million in 2024.
  • The Global SWIR Market is likely to grow at a CAGR of 7.05% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Uncooled in Detector Type Segment accounted for the largest share of the market with a revenue of 144.64 USD Million
  • The fastest growing segment Industrial in Industry Segment grew Fastest with a CAGR of 7.94% during the forecast period from 2024 to 2032.

Global SWIR Market Scope

Global SWIR Market Segmentation & Scope
Chemical Composition
  • Others
  • Lead Sulfide Quantum Dots (PbS QD)
  • Mercury Cadmium Telluride
  • Indium Antimonide (INSB)
  • Indium Gallium Arsenide (InGaAs)
Application
  • Thermal Imaging
  • Photovoltaics
  • Others
  • Hyperspectral Imaging
  • Machine Vision
  • Security and Surveillance
Component
  • Services
  • Software
  • Hardware
Industry
  • Medical
  • Others
  • Military and Defense
  • Commercial
  • Industrial
Scanning Type
  • Area Scan
  • Line Scan
Detector Type
  • Cooled
  • Uncooled

Global SWIR Market Data Coverage Insights

Study Period 2024-2032
Base Year 2022
Unit Revenue in USD Million
Market Value in 2024 233.31 USD Million
Market Value in 2032 453.08 USD Million
CAGR (2025-2032) 7.05%
Historic Data 2016-2023
Market Segments Covered Chemical Composition,Application,Component,Industry,Scanning Type,Detector Type

Regional Insights:

  • Leading Market (2024-2032): Global, leading in terms of revenue 233.31 USD Million in 2024
    • Key Country: U.S., leading in terms of revenue with value of 80.46 USD Million in 2024.

Segments and Scope

  • Global SWIR Market to 2032, By Chemical Composition
    • Indium Gallium Arsenide (InGaAs) is the largest segment in Global SWIR Market to 2032 with a revenue of 127.15 USD Million in the year 2024.
    • Indium Antimonide (INSB) is the Fastest growing segment in Global SWIR Market to 2032 with a Growth rate of 7.36 % in forecast period 2025-2032.
  • Global SWIR Market to 2032, By Application
    • Security and Surveillance is the largest segment in Global SWIR Market to 2032 with a revenue of 95.26 USD Million in the year 2024.
    • Security and Surveillance is the Fastest growing segment in Global SWIR Market to 2032 with a Growth rate of 7.77 % in forecast period 2025-2032.
  • Global SWIR Market to 2032, By Component
    • Hardware is the largest segment in Global SWIR Market to 2032 with a revenue of 125.32 USD Million in the year 2024.
    • Hardware is the Fastest growing segment in Global SWIR Market to 2032 with a Growth rate of 7.34 % in forecast period 2025-2032.
  • Global SWIR Market to 2032, By Industry
    • Industrial is the largest segment in Global SWIR Market to 2032 with a revenue of 105.44 USD Million in the year 2024.
    • Industrial is the Fastest growing segment in Global SWIR Market to 2032 with a Growth rate of 7.94 % in forecast period 2025-2032.
  • Global SWIR Market to 2032, By Scanning Type
    • Line Scan is the largest segment in Global SWIR Market to 2032 with a revenue of 129.21 USD Million in the year 2024.
    • Line Scan is the Fastest growing segment in Global SWIR Market to 2032 with a Growth rate of 7.40 % in forecast period 2025-2032.
  • Global SWIR Market to 2032, By Detector Type
    • Uncooled is the largest segment in Global SWIR Market to 2032 with a revenue of 144.64 USD Million in the year 2024.
    • Uncooled is the Fastest growing segment in Global SWIR Market to 2032 with a Growth rate of 7.23 % in forecast period 2025-2032.

Global SWIR Market Company Share Analysis

 
Company Name Company Share Analysis
Sony corporation
Shure Europe
Sennheiser electronic GmbH & Co. KG
Audio-Technica U.S, Inc.
Samson Technologies Corp.
Global SWIR Market Company Share Analysis

Global SWIR Market Geographical Sales Distribution, 2018-2032 USD Million

Global SWIR Market Geographical Sales Distribution, 2018-2032 USD Million

Global SWIR Market Company Profiling

Global SWIR Market Company Profiling
Frequently Asked Questions
The Global SWIR Market is segmented based on Segmentation Chemical Composition,Application,Component,Industry,Scanning Type,Detector Type.
Global SWIR Market was valued at USD 233.31(Revenue in USD Million) in 2022.
Global SWIR Market is projected to grow at a CAGR of 7.05% during the forecast period of 2024 to 2032.
The Uncooled segment is expected to dominate the Global SWIR Market, holding a largest market share of 144.64 USD Million in 2024

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Global SWIR Market Scope

Global SWIR Market Segmentation & Scope
Chemical Composition
  • Others
  • Lead Sulfide Quantum Dots (PbS QD)
  • Mercury Cadmium Telluride
  • Indium Antimonide (INSB)
  • Indium Gallium Arsenide (InGaAs)
Application
  • Thermal Imaging
  • Photovoltaics
  • Others
  • Hyperspectral Imaging
  • Machine Vision
  • Security and Surveillance
Component
  • Services
  • Software
  • Hardware
Industry
  • Medical
  • Others
  • Military and Defense
  • Commercial
  • Industrial
Scanning Type
  • Area Scan
  • Line Scan
Detector Type
  • Cooled
  • Uncooled
Frequently Asked Questions
The Global SWIR Market is segmented based on Segmentation Chemical Composition,Application,Component,Industry,Scanning Type,Detector Type.
Global SWIR Market was valued at USD 233.31(Revenue in USD Million) in 2022.
Global SWIR Market is projected to grow at a CAGR of 7.05% during the forecast period of 2024 to 2032.
The estimated market value of the Global SWIR Market for final year is USD 453.08 (USD Million).

Global SWIR Market Company Profiling

Global SWIR Market Company Profiling
Frequently Asked Questions
The Global SWIR Market is segmented based on Segmentation Chemical Composition,Application,Component,Industry,Scanning Type,Detector Type.
Global SWIR Market was valued at USD 233.31(Revenue in USD Million) in 2022.
Global SWIR Market is projected to grow at a CAGR of 7.05% during the forecast period of 2024 to 2032.
The estimated market value of the Global SWIR Market for final year is USD 453.08 (USD Million).

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