Asia-Pacific Shortwave Infrared (SWIR) Market, By Technology (Cooled, Uncooled), Scanning Type (Area Scan, Line Scan), Application (Security & Surveillance, Monitoring & Inspection, Detection), Material Type (Indium Gallium Arsenide, Mercury Cadmium Telluride, Indium Antimonide, Lead Sulfide), Vertical (Industrial, Non-Industrial), Country (Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific) Industry Trends and Forecast to 2027
The shortwave infrared (SWIR) market is expected to witness market growth at a rate of 40.0% in the forecast period of 2020 to 2027. Data Bridge Market Research report on shortwave infrared (SWIR) market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
SWIR stands for short-wave infrared wavelength which offers unique remote sensing capabilities such as material detection and smoke penetration which helps in overcoming challenges in measurement, inspection and process-monitoring applications which are often impossible with any other technology. The convergence of phenomenology’s unique absorption capabilities, atmospheric transmission windows that allow the Earth to be imaged from space and particle scattering physics that enable smoke penetration gives rise to this extraordinary capacity.
Increasing demand of shortwave infrared (SWIR) cameras for industrial use, capability to detect objects in low-light or complete darkness, low power consumption, increased military spending and its varied use across industries are the factors acting as growth drivers for shortwave infrared (SWIR) market. High cost of materials and non-friendly government regulations are the factors acting as restraints for shortwave infrared (SWIR) market.
Ability to detect temperature and adaptation of night vision technologies in industries as well as in military are the opportunities for shortwave infrared (SWIR) market. Proper optics design as well as slow development of shortwave infrared (SWIR) imaging lens as compared to shortwave infrared (SWIR) imaging camera is the challenges faced by shortwave infrared (SWIR) market.
This shortwave infrared (SWIR) market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on shortwave infrared (SWIR) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Shortwave Infrared (SWIR) Market Scope and Market Size
The shortwave infrared (SWIR) market is segmented on the basis of technology, scanning type, application, material type and vertical. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of technology, the shortwave infrared (SWIR) market has been segmented into cooled and uncooled.
- Based on scanning type, the shortwave infrared (SWIR) market has been segmented into area scan and line scan.
- On the basis of material type, the shortwave infrared (SWIR) market has been segmented into indium gallium arsenide, mercury cadmium telluride, indium antimonide and lead sulfide.
- Based on application, the shortwave infrared (SWIR) market has been segmented into security & surveillance, monitoring & inspection and detection.
- On the basis of vertical, the shortwave infrared (SWIR) market has been segmented into industrial and non-industrial. Industrial is further segmented into automotive, aerospace, electronics & semiconductors, oil & gas, food & beverages, glass and others. Non-industrial is further segmented into military & defense, medical, scientific research and others.
Asia-Pacific Shortwave Infrared (SWIR) Market Country Level Analysis
Asia-Pacific shortwave infrared (SWIR) market is analysed and market size, volume information is provided by country, technology, scanning type, application, material type and vertical as referenced above.
The countries covered in the Asia-Pacific shortwave infrared (SWIR) market report are Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines and rest of Asia-Pacific.
India, Pakistan and China will dominate the growth in the Asia-Pacific shortwave infrared (SWIR) market due to the rising tensions between them and the demand for shortwave infrared (SWIR) technology to be used in their military defence equipment and installation of monitoring equipment at their borders.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Asia-Pacific brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Shortwave Infrared (SWIR) Market Share Analysis
Shortwave infrared (SWIR) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Asia-Pacific presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Shortwave Infrared (SWIR) Market.
The major players covered in the Asia-Pacific shortwave infrared (SWIR) market report are New Imaging Technologies, Sofradir Group, Allied Vision Technologies, Xenics, Photon etc., Sensors Unlimited, FLIR Systems, Hamamatsu Photonics K.K., Princeton Instruments, Raptor Photonics among other domestic players. Market share data is available for Asia-Pacific (APAC) separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
- In June 2019, Hamamatsu Photonics announced that it has developed an InGaAs area image sensor for hyperspectral cameras capable of detecting short-wavelength-infrared light up to 2.55 μm.
Customization Available : Asia-Pacific Shortwave Infrared (SWIR) Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.