The global SWIR market is expected to be valued at USD 631 million in 2024 and is projected to reach USD 1,068 million by 2029 and grow at a CAGR of 11.1% from 2024 to 2029. Market participants have diversified their offerings, extending their global reach through strategic growth approaches like introducing new products and collaborations, establishing alliances, forging partnerships, and expanding their operations. SWIR technology advances make SWIR more affordable and effective for a wide array of applications, from semiconductor inspection to disaster management. Smartphone makers are looking to add SWIR cameras to their products, driving further differentiation in an increasingly competitive market. SWIR has also been incorporated into autonomous vehicles to enhance safety; this is likely to fuel market growth.
Key players operating in the SWIR market are Collins Aerospace (US), Corning Incorporated, Allied Vision Technologies GmbH (Germany), Teledyne FLIR LLC (US), and Leonardo DRS (US), among others.
Major Shortwave Infrared (SWIR) Companies Include:
· Teledyne FLIR LLC (US)
· Allied Vision Technologies GmbH (Germany)
· Collins Aerospace (US)
· Corning Incorporated (US)
· Leonardo DRS (US)
Teledyne FLIR LLC (US)
Teledyne FLIR is involved in making thermal imaging and infrared camera systems. Their products find applications in security, industrial, and environmental monitoring industries. The company's extensive product range includes thermal cameras, visible light imaging systems, location equipment, and advanced threat detection systems. It offers leading-edge technologies that improve safety, efficiency, and decision-making levels across a wide array of applications. Teledyne has a global presence, serving in over 100 countries. Its extensive geographical presence allows the company to provide localized support and services.
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Allied Vision Technologies GmbH (Germany)
Allied Vision Technologies GmbH is a company based in Germany that develops and manufactures high-quality, industrially applied cameras. Their cameras find applications in various industries, such as machine vision, medical imaging, and scientific research. Allied Vision offers consultancy, engineering, and support services to integrate its cameras into clients' existing systems. Allied Vision Technologies addresses North America, Europe, and Asia Pacific markets from global representation in more than 30 countries and regional sales offices.
Corning Incorporated (US)
Corning incorporated works in manufacturing ceramics, specialty glass, and related materials. It is a major player in the manufacturing of advanced optics and glasses. Its product portfolio includes optical communications, mobile consumer electronics, displays, automotive, and life sciences. Corning is best known for inventing optical fiber, display glass, and environmental technologies. Corning operates in 5 business segments. The company has a global presence spanning North America, Europe, the Middle East, Asia, and Africa, with manufacturing facilities in Taiwan, South Korea, New York, France, and others.
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