Short Wave Infrared (SWIR) Market Worth 1,357.7 Million USD by 2023

PUNE, India, September 12, 2017 /PRNewswire/ --

The report " Shortwave Infrared (SWIR) Market by Scanning Type (Area Scan and Line Scan), Technology (Cooled and Uncooled), Vertical (Industrial, Commercial, Military & Defense, Medical, Scientific Research), and Geography - Global Forecast To 2023", published by MarketsandMarkets™, the SWIR market is expected to grow from USD 809.9 million in 2016 to USD 1,357.7 million by 2023, at a CAGR of 7.68% between 2017 and 2023. The growth of this market can be attributed to the high demand for these cameras from industrial, military and defense, and commercial verticals for various applications, such as surveillance, inspection, night vision enhancement, camouflage detection, and moisture detection.

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 63 Market Data Tables and 43 figures spread through 179 Pages and in-depth TOC on "Short Wave Infrared (SWIR) Market - Global Forecast to 2023"

http://www.marketsandmarkets.com/Market-Reports/shortwave-ir-market-52975079.html

Early buyers will receive 10% customization on this report

Uncooled SWIR camera segment held largest share of SWIR market in 2016 

The SWIR market, based on technology, is led by the uncooled type. The dominant position of this segment can be attributed to the high demand for uncooled SWIR cameras from industrial, commercial, and military and defense verticals. The major factor behind the high demand for these cameras is their low cost in comparison with cooled SWIR cameras.

SWIR market for scientific research vertical likely to grow at highest CAGR during forecast period 

On the basis of verticals, the SWIR market for the scientific research vertical is expected to witness the highest growth during the forecast period. A number of companies operating in the SWIR market are offering as well as developing new SWIR cameras finding applications in the scientific research vertical. For instance, in 2017, FLIR Systems (US) launched 3 MWIR cameras (FLIR X6800sc, FLIR A8200sc, and FLIR X8500sc) and 1 SWIR camera (FLIR A6260sc) for science and research applications.

Download PDF Brochure : http://www.marketsandmarkets.com/pdfdownload.asp?id=52975079

North America held largest size of SWIR market in 2016 

North America held the largest size of the SWIR market in 2016. The US accounted for the largest share of the SWIR market in North America, followed by Canada. In 2016, the military and defense vertical accounted for a significant portion of the SWIR market in North America. This can be attributed to the high expenditure on military activities by North American countries, especially the US. In 2016, the US military expenditure was ~3.29% of its GDP.

Inquiry Before Buy @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=52975079

Some of the major players operating in this market include Sensors Unlimited (US), FLIR Systems (US), Xenics (Belgium), New Imaging Technologies (France), Allied Vision Technologies (Germany), Hamamatsu Photonics K.K. (Japan), Photon etc. (Canada), Princeton Instruments (US), Sofradir Group (France), and Raptor Photonics (UK).

Browse Related Reports 

Infrared Imaging Market by Component (IR Lens System, IR Sensor, IR Detector), Technology (Cooled, Uncooled), Type (Fixed, Portable), Wavelength (NIR, SWIR, LWIR, FIR), Application, & Geography - Analysis and Forecast to 2022
http://www.marketsandmarkets.com/Market-Reports/infrared-IR-sensing-imaging-market-593.html

Video Surveillance Market by System (Analog, IP, Biometrics), Hardware (Camera, Monitors, Servers, Storage Devices), Software (Video Analytics, VMS), and Service (VSaaS, Installation & Maintenance), Vertical, and Region - Global Forecast to 2022
http://www.marketsandmarkets.com/Market-Reports/video-surveillance-market-645.html

Subscribe Reports from Semiconductor Domain @ http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets™  

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Rohan
MarketsandMarkets™
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com

Visit Our Blog@ http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors
Connect us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

SOURCE MarketsandMarkets