Technavio Announces the Publication of its Research Report Global Shortwave Infrared (SWIR) Camera Market 2017-2021
Technavio recognizes the following companies as the key players in the global shortwave infrared (SWIR) camera market: FLIR Systems, Hamamatsu Photonics, Sensors Unlimited, and XenicsOther Prominent Vendors in the market are: Allied Vision Technologies, Leonardo DRS, Episensors, IRCameras, InView Technology, Princeton Instruments, and Sofradir.Commenting on the report, an analyst from Technavios team said: The latest trend gaining momentum in the market is Adoption of SWIR cameras in smartphones. The popularity of the SWIR cameras is rising among customers.
A smartphone with a SWIR camera can help the smartphone work in the complete darkness. For instance, Lumigon, a Danish company, introduced a T3 smartphone, which comes with a night vision camera.
The smartphone has a 4MP night vision camera with dual IR flash, which helps a person see in complete darkness.
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According to the report, one of the major drivers for this market is Increased government investments on military devices. The governments across the world are investing in improving the next-generation technology in the military segment.
This is mainly to provide the military personnel with improved and accurate information. This has driven the market for SWIR cameras, as the adoption of IR thermography devices has increased in the defense sector.
SWIR cameras are designed to provide rapid target acquisitions for military operations. SWIR cameras provide vision in the night to the soldiers to target the object in complete darkness, thus increasing the situational awareness.Further, the report states that one of the major factors hindering the growth of this market is High capital investment.
The global SWIR camera market requires high capital investment, which is a major challenge to the growth of the market. SWIR cameras are technologically driven equipment, which requires continuous R&D in order to add features and applications.
Also, as the market is growing, the demand for these equipment is also increasing. Hence, to cater to the growing requirements of consumers, foundries require high capital to expand their production capacity and invest in R&D.
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The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.About Shortwave Infrared (SWIR) Camera
SWIR cameras are used as a standalone device as well as integrated with different devices used in security and surveillance, military, machine vision, photovoltaics, medical, spectroscopy, thermography, telecommunication, and instrumentation. They are used to detect radiation, which is invisible to human eyes, and capture it.
SWIR cameras, such as cooled and uncooled cameras, are extensively used in the residential, commercial, military, and industrial manufacturing sectors, because of their low price, lightweight quality, and low-power consumption. Technavios analysts forecast the global shortwave infrared (SWIR) camera market to grow at a CAGR of 7.78% during the period 2017-2021.Covered in this report
The report covers the present scenario and the growth prospects of the global shortwave infrared (SWIR) camera market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sale of SWIR cameras as modules as well standalone devices/systems.The market is divided into the following segments based on geography:
EMEATechnavio's report, Global Shortwave Infrared (SWIR) Camera Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.
The report also includes a discussion of the key vendors operating in this market.
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Other prominent vendors
Allied Vision Technologies
Increased government investments on military devices
For a full, detailed list, view our report Market challenge
High capital investment
For a full, detailed list, view our report Market trend
Adoption of SWIR cameras in smartphones
For a full, detailed list, view our report Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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