MARKET OVERVIEW
Indium Gallium Arsenide (InGaAs) is a leading material for short-wave infrared (SWIR) detectors due to its ~1.7 µm cutoff wavelength, high quantum efficiency (70–90%), high mobility (~8000 cm²/V·s), fast response, and cost-effectiveness.
MARKET SIZE & GROWTH
• The global InGaAs SWIR Detector Market was valued at $227 million in 2024.
• It is projected to reach $386 million by 2031.
• The market is expected to grow at a CAGR of 8.1% during the forecast period.
