The Shortwave Infrared (SWIR) Market is anticipated to increase from USD 166 million in 2021 to USD 277 million by 2027; over the anticipated period, it is anticipated to develop at a CAGR of 8.9%. The SWIR market is dominated by and growing rapidly due to the primary applications of security and surveillance, monitoring, and inspection.
To improve their market position, the major players in the SWIR industry have mostly used alliance and contract methods.
In June 2021, Collins Aerospace (US) and Airbus (Netherlands) will collaborate to provide enhanced passenger service units for the next Airbus A320 family.
The US Army will get FLIR Black Hornet 3 Personal Reconnaissance Systems (PRS) from Teledyne FLIR in May 2021. It is a cutting-edge nano-drone used for surveillance.
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The leading companies in the SWIR market include Teledyne FLIR (US), Collins Aerospace (US), Xenics (Belgium), New Imaging Technologies (France), and Allied Vision Technologies (Germany).
Collins Aerospace:
Products utilising InGaAs technology and SWIR imaging technologies are well recognised from Collins Aerospace (US). Collins Aerospace's robust SWIR camera product range, which includes both area scan and line scan cameras, is responsible for the company's dominant position in the SWIR market. A leadership position in the SWIR Market has been attained by the company in addition to having a broad product line and a strong brand reputation.
Teledyne Flir:
In the SWIR market, Teledyne FLIR (US) is a well-known firm. A prominent position in the SWIR Market has been attained by the company thanks to its more than 40 years of experience in the infrared imaging sector, as well as its strong brand image and sales and distribution network. Using its strong product portfolio and brand reputation, Teledyne FLIR may tighten its hold on more markets while maintaining a dominance in the US market.
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