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Shortwave Infrared (SWIR) Market: Applications and Market Segments Explored

The SWIR market is expected to grow from USD 166 million in 2021 to USD 277 million by 2027; it is expected to grow at a CAGR of 8.9 % during the forecast period.

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Shortwave Infrared (SWIR) Market: Applications and Market Segments Explored

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  1. MarketsandMarkets Presents The SWIR Market is expected to grow from USD 166 million in 2021 to USD 277 million by 2027; it is expected to grow at a CAGR of 8.9% during the forecast period. The SWIR Market had been witnessing significant growth in the past years owing to the high adoption of SWIR Technology in both industrial and non-industrial verticals for various applications including security, surveillance, monitoring, and inspection.

  2. MarketsandMarkets Presents Uncooled SWIR Technology to have the largest market size in SWIR Market during the forecast period The SWIR Market is expected to be led by the uncooled segment during the forecast period. The dominant position of this segment can be attributed to the high demand for uncooled SWIR cameras from the non-industrial vertical, especially from the military and defense sector owing to their low cost compared with cooled SWIR cameras. Cooled SWIR cameras have detectors that are usually more sensitive than uncooled SWIR cameras, while the cost of uncooled cameras is generally lower than that of cooled cameras. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=5297 5079

  3. MarketsandMarkets Presents Nonindustrial vertical to grow with highest CAGR in SWIR Market during the forecast period The SWIR market is expected to be led by the non-industrial vertical during the forecast period. The SWIR market for this vertical is being driven by the high adoption of SWIR cameras in the military & defense sector, especially for vision enhancement applications. The demand for SWIR technology-based products for the scientific research sector is expected to witness significant growth during the forecast period. Speak To Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=529 75079

  4. MarketsandMarkets Presents North America accounts for the largest share of the SWIR Market during the forecast period North America held the largest share of the SWIR Market in 2021. One of the major reasons for the leading position of North America is the presence of several prominent military & defense, scientific research, and medical players in North America that are generating demand for SWIR cameras. Moreover, several companies offering SWIR cameras are present in this region, which further adds to the growth of the SWIR Market in North America. Teledyne FLIR (US), Collins Aerospace (US), Princeton Instruments (US), IRCameras (US), Photon etc. (Canada), are a few of the SWIR camera providers based in North America.

  5. MarketsandMarkets Presents Key Players Collins Aerospace (US), Teledyne FLIR (US), Xenics (Belgium), New Imaging Technologies (France) and Allied Vision Technologies (Germany), Raptor Photonics (UK), Lynred (France), Opgal Optronic (Israel), Photon etc. (Canada), Himamatsu Photonics (Japan), Intevac (US), InView Technology (US), Sierra-Olympic Technologies (US), FluxData (US), IRCameras (US), Episensors (US), Princeton Infrared Technologies (US), Leonardo DRS (US), InfraTec (Germany), Tonbo Imaging (India), COX (South Korea), C-THERMAL (Austria), Browse For More Details - https://www.marketsandmarkets.com/Market-Reports/shortwave-ir- market-52975079.html

  6. MarketsandMarkets Presents About MarketsandMarkets™ MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

  7. MarketsandMarkets Presents Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: +1-888-600-6441 Email: sales@marketsandmarkets.com Visit Our Website: https://www.marketsandmarkets.com Content Source: https://www.marketsandmarkets.com/PressReleases/shortwave-ir.asp

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