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Shortwave Infrared Market Share

ID: MRFR//5848-HCR | 100 Pages | Author: Ankit Gupta| December 2024

In the dynamic landscape of the Shortwave Infrared (SWIR) market, strategic positioning to secure a significant market share is a critical consideration for businesses. One primary strategy involves differentiation through technological innovation. Companies that invest in research and development to enhance the capabilities of SWIR sensors gain a competitive edge. By offering advanced features, improved sensitivity, and cost-effective solutions, these companies can attract a larger customer base and establish themselves as leaders in the market.

Price positioning is another pivotal strategy in the SWIR market. Some companies focus on providing cost-effective SWIR solutions without compromising on quality. This approach is particularly appealing to price-sensitive segments of the market, driving volume sales and market penetration. On the contrary, premium pricing strategies cater to customers seeking top-of-the-line SWIR technology with cutting-edge features. Striking the right balance between pricing and product features is crucial for companies aiming to capture a substantial market share.

Market segmentation is a strategy that involves targeting specific industries or applications within the SWIR market. By understanding the unique needs of different sectors such as healthcare, defense, manufacturing, and agriculture, companies can tailor their SWIR solutions to address specific challenges and requirements. This targeted approach allows businesses to establish themselves as specialists in particular niches, gaining market share in specialized segments.

Partnerships and collaborations also play a key role in market share positioning. Companies that form strategic alliances with other players in the SWIR ecosystem, such as sensor manufacturers, software developers, or end-users, can leverage collective strengths to offer comprehensive solutions. These partnerships enhance the overall value proposition and market presence, contributing to a more significant market share.

Geographical positioning is a strategy that takes into account the global distribution of market demand. Companies may focus on specific regions where the adoption of SWIR technology is expected to grow rapidly. Understanding regional preferences, regulatory environments, and market trends allows businesses to tailor their strategies to the unique dynamics of each geography. This targeted approach can lead to a more effective allocation of resources and a stronger market share in specific regions.

Brand positioning is crucial for establishing trust and recognition in the SWIR market. Companies that invest in building a strong brand image through marketing, communication, and customer engagement activities can differentiate themselves from competitors. A positive brand perception influences purchasing decisions, attracting customers and contributing to a higher market share. Consistent messaging, reliability, and customer satisfaction are key elements of successful brand positioning.

Responsive strategies that adapt to market trends and customer feedback are essential for maintaining and growing market share. Companies that actively monitor market dynamics, customer preferences, and emerging technologies can adjust their strategies in real-time. This agility allows businesses to stay ahead of the competition, capitalize on new opportunities, and address evolving customer needs effectively.

Covered Aspects:

Report Attribute/Metric Details
Base Year For Estimation 2023
Forecast Period 2024-2032
Growth Rate 8.20% (2024-2032)

Shortwave Infrared Market Highlights:

Shortwave Infrared Market Trends
Shortwave Infrared Market Analysis
Shortwave Infrared Market Share
Shortwave Infrared Companies

Global Shortwave Infrared Market Overview:


Shortwave Infrared Market Size was valued at USD 0.21 Billion in 2023. The Shortwave Infrared market industry is estimated to grow and expand from USD 0.22 Billion in 2024 to USD 0.43 Billion by 2032, contributing a growth rate or CAGR (compound annual growth rate) of 8.20% during the projected timeframe (2024 - 2032). Gas imaging sensors' capability to collect high-resolution pictures and their frequent use in industrial machine vision and the military and defense are the key market drivers contributing to market growth and expansion.


Shortwave Infrared Market


Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review


Shortwave Infrared Market Trends




  • Growing number of shortwave infrared cameras used in industrial machines drives market growth.




The rising number of shortwave infrared cameras used in industrial machines drives the Market CAGR for shortwave infrared. The capacity of InGaAs perception, which is highly effective in collecting high-resolution pictures, and the rising need for SI cameras defense and computer vision uses are the driving factors for the Shortwave Infrared Satellite Imaging Market. Several governments' attempts to safeguard the military by upgrading critical defense and military equipment will undoubtedly favorably influence the SWIR Shortwave Infrared Marketplace. Furthermore, there is an increasing demand for SWIR solutions to monitor and check applications.


Furthermore, the fact that it uses fewer watts will benefit the Shortwave Infrared Industry Demand. This can also measure temperature, which implies it can detect fire. For example, Digi globe's monitoring satellite features a sensor that can see through dense smokestacks. It will aid in expanding the worldwide Shortwave Infrared Market Participation. Shortwave infrared cameras are also widely used in the security and defense industries, enhancing the market's value. SWIR cameras' capacity to see clearly in difficult situations such as cigarette smoke, fog, mist, and vaporized water expands their uses. These are commonly utilized in marine intellect, monitoring, and vision improvement operations. SWIR cameras are widely used in various industries, creating enormous potential prospects for the market. They are employed in scientific research for climate change investigations, ecological evaluation, illness analysis, and psychology.


The Covid 19 epidemic has had a substantial impact on a variety of businesses. Covid has significantly hindered company growth potential in the production, tourism and travel transport, medical and retail industries. Despite the new WFH standard, IT, finance, banking, and telecommunications businesses could not mitigate the pandemic's effects, and the government sector was no exception. Comparably, the Infrared Shortwave Sector has been affected.


For instance, the US Department of Defense reported that the President's budget proposal of USD 705.4B reflects a modest increase in 2021 over the FY 2020 authorized amount of USD 704.6B. Thus, demand for Shortwave Infrared is anticipated to increase throughout the projected timeframe due to the rising number of Shortwave infrared cameras used in industrial machines. Thus, driving the Shortwave Infrared market revenue.


Shortwave Infrared Market Segment Insights:


Shortwave Infrared Type Insights


The Shortwave Infrared Market segmentation, based on Type, includes Area Scan and Line Scan. The area scan category dominated the market, accounting for 65% of market revenue (USD 0.1 Billion) in 2022. The broad acceptance of area scans in this market is likely due to their widespread use across different verticals. Area scan uses for shortwave infrared cameras include process manufacturing, commercial heat pump tracking, solar cell inspections, and surveillance systems.


Figure 1: Shortwave Infrared Market, by Type, 2022 & 2032 (USD Billion)


Shortwave Infrared Market, by Type, 2022 & 2032


Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review


Shortwave Infrared Technology Insights


The Shortwave Infrared Market segmentation, based on technology, includes Cooled Infrared Imaging and Uncooled Infrared Imaging. The Uncooled Infrared Imaging category generated the highest market revenue of about 51% (USD 0.1 billion) in 2022. In terms of overall market share, Uncooled SWIR technology outperforms Cooled technology. In this regard, it is crucial to highlight it as it offers the potential for a longer life cycle due to fewer moving components. Uncooled technology has a lower total cost and is easier to maintain, which will significantly influence end-user selection.


Shortwave Infrared End-Use Insights


The Shortwave Infrared Market segmentation, based on End-Use, includes Aerospace, Electronics & Communication, Food & Beverage, Medical and healthcare and Military & Defense. The Military & Defense segment dominated the market, accounting for 37% of market revenue (USD 0.1 Billion) in 2022. In defense applications, infrared imaging provides excellent vision and recognition in close and complete darkness. Because so much monitoring and targeting occurs in the dark, infrared (IR) frequencies are critical for military and defense study and development.


Shortwave Infrared Regional Insights


By region, the research provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American Shortwave Infrared market will dominate during the projected timeframe, owing to the region's varied spectrum of SWIR systems. Furthermore, led by end-users such as aviation, military, aviation, and weather prediction will boost the market growth in the North American area.


Furthermore, the major countries studied in the market report are the US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.


Figure 2: Shortwave Infrared Market Share by Region 2022 (USD Billion)


Shortwave Infrared Market Share by Region 2022


Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review


Europe region’s Shortwave Infrared market accounts for the second-highest market share. This rise is linked to significant companies and a growing need for SWIR equipment from the pharma and healthcare sectors, resulting in huge commercial use growth. Further, the German Shortwave Infrared market holds the largest market share, and the UK Shortwave Infrared market is expected to grow and expand significantly in the European region during the projected timeframe.


The Asia-Pacific Shortwave Infrared Market is expected to grow quickly during the projected timeframe. The expanding competence of the region's electronic industry, particularly in Japan, China, and India, drives demand for SWIR technology in APAC. Moreover, China’s Shortwave Infrared market dominates the market share, and the Indian Shortwave Infrared market is expected to expand and grow steadily in the Asia-Pacific region during the projected timeframe.


Shortwave Infrared Key Market Players & Competitive Insights


Leading market players invested heavily in research and Development (R&D) to scale up their manufacturing units and develop technologically advanced solutions, which will help the Shortwave Infrared market grow worldwide. Market participants are also undertaking various organic or inorganic strategic approaches to strengthen and expand their global footprint, with significant market developments including new Type portfolios, contractual deals, mergers and acquisitions, capital expenditure, higher investments, and strategic alliances with other organizations. Businesses are also coming up with marketing strategies such as digital marketing, social media influencing, and content marketing to increase their scope of profit earnings. The Shortwave Infrared industry must offer cost-effective and sustainable options to survive in a highly fragmented and dynamic market climate.


Manufacturing locally to minimize operational expenses and offer aftermarket services to customers is one of the critical business strategies organizations use in the global Shortwave Infrared industry to benefit customers and capture untapped market share and revenue. The Shortwave Infrared industry has recently offered significant advantages to the Test and Measurement industry. Moreover, more industry participants are utilizing and adopting cutting-edge technology has grown substantially. Major players in the Shortwave Infrared market, including Sensors Unlimited Inc. (US), FLIR Systems, Inc. (US), Xenics (Belgium), New Imaging Technologies (NIT) (France), Allied Vision Technologies GmbH (Germany), Sofradir (France), Raptor Photonics Limited (Ireland), OPGAL Optronics Industries Ltd (Israel), Hamamatsu Photonics K.K. (Japan), Photon Etc. Inc. (Canada). C-THERMAL (Austria), HGH Infrared Systems (France), Photonic Science & Engineering Limited (UK), FluxData, Inc. (US), InfraTec Infrared LLC (US), Intevac, Inc. (US), and Princeton Instruments, Inc. (US) are attempting to expand market share and demand by investing in R&D operations to produce sustainable and affordable solutions.


Elbit is a technological business that develops and distributes defense and homeland security products. The firm was established in 1996 and is based in Haifa, Israel. Elbit Systems Ltd., an Israeli firm, introduced the Advanced Multi-Sensor Payload Systems (AMPS NG) in April 2021 for army electro-optical aerial surveillance applications. In addition to its current charge-coupled gadget, FLIR sensor, and daylight Television sensors, the AMPS NG includes shortwave infrared (SWIR) technologies.


Toshiba Teli Corporation is a manufacturer of CMOS and CCD cameras used in the fields of machine vision, automated manufacturing, assessment, evaluation, and automation. Toshiba & TriEye confirmed their collaboration in April 2022. They are developing CMOS-based HD SWIR sensors for manufacturing procedures and uses. TriEye's SWIR sensor technology is used in the camera.


Key Companies in the Shortwave Infrared market include




  • Sensor Unlimited In. (US)




  • Xenix (Belgium)




  • FLIR Systems, Inc. (US)




  • New Imaging Technologies (NIT) (France)




  • Sofradir (France)




  • Allied Vision Technologies GmbH (Germany)




  • Raptor Photonics Limited (Ireland)




  • Hamamatsu Photonics K.K (Japan)




  • OPAL Optronics Industries Ltd (Israel)




  • C-THERMAL (Austria)




  • Photonic Science & Engineering Limited (UK)




  • HGH Infrared Systems (France)




  • FluxData, Inc. (US)




  • Intevac, Inc. (US)




  • InfraTec Infrared LLC (US)




  • Princeton Instruments, Inc (US)




Shortwave Infrared Industry Developments


April 2022: Toshiba & TriEye confirmed their collaboration in April 2022. They are developing CMOS-based HD SWIR sensors for manufacturing procedures and uses. TriEye's SWIR sensor technology is used in the camera.


April 2021: Lytid, a French business, will debut its improved SIRIS shortwave infrared (SWIR) sensor in April 2021. The camera is outfitted with a New Imaging Solutions deep-cooled Lin/Log indium gallium arsenide detector and photographic processing tools.


April 2021: Elbit Systems Ltd., an Israeli firm, introduced the Advanced Multi-Sensor Payload Systems (AMPS NG) in April 2021 for army electro-optical aerial surveillance applications. In addition to its current charge-coupled gadget, FLIR sensor, and daylight Television sensors, the AMPS NG includes shortwave infrared (SWIR) technologies.


Shortwave Infrared Market Segmentation:


Shortwave Infrared Type Outlook




  • Line scan




  • Area scan




Shortwave Infrared Technology Outlook




  • Cooled infrared imaging




  • Uncooled infrared imaging




Shortwave Infrared End-Use Outlook




  • Electronics and communication




  • Aerospace




  • Food and beverage




  • Medical and healthcare




  • Military and defense




Shortwave Infrared Regional Outlook




  • North America







    • US




    • Canada







  • Europe







    • Germany




    • France




    • UK




    • Italy




    • Spain




    • Rest of Europe







  • Asia-Pacific







    • China




    • Japan




    • India




    • Australia




    • South Korea




    • Australia




    • Rest of Asia-Pacific







  • Rest of the World







    • Middle East




    • Africa




    • Latin America




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