Global Short Wave Infrared (SWIR) market cagr 10.7%

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Short Wave Infrared (SWIR) Market

Short Wave Infrared (SWIR) Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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Short Wave Infrared (SWIR) Market Size and Growth

The Short Wave Infrared (SWIR) market is experiencing robust growth, driven by rising applications in telecommunications, agriculture, and surveillance technologies. As of 2023, the market size is estimated at approximately $1.2 billion, with a projected compound annual growth rate (CAGR) of 15% over the next five years, reflecting increasing demand for advanced imaging and sensing solutions.

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Companies Covered

(Covid 19 Impact Covered)

◍ FLIR Systems

◍ Hamamatsu Photonics

◍ Sensors Unlimited

◍ Teledyne Technologies

◍ Xenics

◍ Allied Vision Technologies

◍ Raptor Photonics

◍ IRCameras

◍ New Imaging Technologies

◍ First Light

◍ GuoHui OPTO-electronic

◍ Infiniti Electro-Optics

◍ SWIR Vision Systems

◍ Photonic Science

The SWIR market features key players like FLIR Systems, Hamamatsu Photonics, and Teledyne Technologies, driving growth through innovations in sensing technology. These companies enhance applications in security, agriculture, and industrial inspection. Sales figures illustrate their impact: FLIR reported $1.9 billion, Teledyne $3.1 billion, and Hamamatsu $1.2 billion in revenue.

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Market Segmentation

By Application

Industrial Application

Military and Defense

Scientific Research

Others

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By Product

SWIR Area Scan Camera

SWIR Line Scan Camera

Market Growth

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$ X Billion USD

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Global Short Wave Infrared (SWIR) market cagr 10.7% by ReportPrime - Issuu