Report Feature
The future of the shortwave infrared market looks promising with opportunities in the defense and military, healthcare & research, and automotive industries. The global shortwave infrared market is expected to decline in 2020 due to the global economic recession led by the COVID-19 pandemic. However, the market will witness recovery in the year 2021, and it is expected grow with a CAGR of 9% to 11% from 2020 to 2025. The major drivers for this market are increasing demand for shortwave infrared products for monitoring and inspection application and growing demand for line scan shortwave infrared cameras for machine vision applications.
A more than 150 page report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of shortwave infrared market report download the report brochure.
The study includes trends and forecasts for the global shortwave infrared market by scanning type, technology, application, vertical, material, end use industry, and region as follows:
By Scanning Type [$M shipment analysis for 2014 – 2025]:
- Area Scan
- Line Scan
By Technology [$M shipment analysis for 2014 – 2025]:
- Cooled
- Uncooled
By Application [$M shipment analysis for 2014 – 2025]:
- Security & Surveillance
- Monitoring & Inspection
- Detection
By Vertical [$M shipment analysis for 2014 – 2025]:
- Industrial
- Non-Industrial
By Material [$M shipment analysis for 2014 – 2025]:
- Indium Gallium Arsenide
- Indium Antimonide
- Lead Sulfide
- Mercury Cadmium Telluride
By End Use Industry [$M shipment analysis for 2014 – 2025]:
- Defense and Military
- Healthcare & Research
- Automotive
- Others
By Region [$M shipment analysis for 2014 – 2025]:
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- United Kingdom
- France
- Italy
- Asia Pacific
- China
- Japan
- India
- South Korea
- The Rest of the World
Some of the shortwave infrared companies profiled in this report include Collins Aerospace, FLIR Systems, Xenics NV, New Imaging Technologies, Allied Vision Technologies, Sensors Unlimited (United Technologies Company), Princeton Instruments, Sofradir Group, Raptor Photonics, and Hamamatsu Photonics K.K.
Lucintel forecasts that uncooled shortwave infrared will remain the largest technology segment over the forecast period due to low maintenance cost of the uncooled SWIR technology and longer service lives than cooled systems.
Security and surveillance will remain the largest application segment during the forecast period due to increasing usage of SWIR cameras for military and defense and aerospace end use industries.
North America will remain the largest region during the forecast period due to growing usage of SWIR for industrial, commercial, military, and defense purposes in countries, such as US and Canada.
|
Features of Shortwave Infrared Market |
|
|
This report answers following 11 key questions |
|
Q.1 What are some of the most promising potential, high-growth opportunities for the global shortwave infrared market by scanning type (area scan and line scan), technology (cooled and uncooled), application (security & surveillance, monitoring & inspection, and detection), vertical (industrial and non-industrial), material (indium gallium arsenide, indium antimonide, lead sulfide, and mercury cadmium telluride), end use industry (defense and military, healthcare & research, automotive, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)? Q.2 Which segments will grow at a faster pace and why? Q.3 Which regions will grow at a faster pace and why? Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the shortwave infrared market? Q.5 What are the business risks and threats to the shortwave infrared market? Q.6 What are emerging trends in this shortwave infrared market and the reasons behind them? Q.7 What are some changing demands of customers in the shortwave infrared market? Q.8 What are the new developments in the shortwave infrared market? Which companies are leading these developments? Q.9 Who are the major players in the shortwave infrared market? What strategic initiatives are being implemented by key players for business growth? Q.10 What are some of the competitive products and processes in the shortwave infrared market, and how big of a threat do they pose for loss of market share via material or product substitution? Q.11 What M&A activities did take place in the last five years in the shortwave infrared market? |
Table of Contents
1. Executive Summary
6.2 Emerging Trends in the Global Shortwave Infrared Market
6.1.1 Growth Opportunities for the Global Shortwave Infrared Market by End Use Industry
6.1.2 Growth Opportunities for the Global Shortwave Infrared Market by Material
6.1.3 Growth Opportunities for the Global Shortwave Infrared Market by Scanning Type
6.1.4 Growth Opportunities for the Global Shortwave Infrared Market by Technology
6.1.5 Growth Opportunities for the Global Shortwave Infrared Market by Application
6.1.6 Growth Opportunities for the Global Shortwave Infrared Market by Vertical
6.1.7 Growth Opportunities for the Global Shortwave Infrared Market by Region
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
Buy Now
Choose a license that fits your team. Instant PDF delivery.
Prices exclude taxes. Instant delivery. Custom licensing available on request.
