短波赤外線(SWIR)市場 – 2029年までの世界予測

Shortwave Infrared (SWIR) Market - Global Forecast To 2029

短波赤外線(SWIR)市場 - カメラ、レンズ、スペクトルイメージング、エリアおよびラインスキャン、アクティブおよびパッシブサーマルイメージング、プッシュブルーム、スナップショット、セキュリティおよび監視、監視および検査、テクノロジー、垂直および地域別 - 2029年までの世界予測
Shortwave Infrared (SWIR) Market by Camera, Lenses, Spectral Imaging, Area & Line Scan, Active & Passive Thermal Imaging, Pushbroom, Snapshot, Security & Surveillance, Monitoring & Inspection, Technology, Vertical and Region – Global Forecast to 2029
出版社MarketsandMarkets
出版年月2024年8月
ページ数250
図表数225
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

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.

世界の 短波赤外線(SWIR)市場は、2024 年に 6 億 3,100 万米ドルと評価され、2029 年までに 10 億 6,800 万米ドルに達し、2024 年から 2029 年にかけて 11.1% の CAGR で成長すると予測されています。

In automotive, aerospace & defense, industrial, etc., the demand for SWIR imagers is fuelling market demand.   Excellent in low-light conditions, SWIR reveals characteristics, such as moisture levels and material properties, that allow for detail-rich inspections and monitoring to take place. With the ability to capture accurate 3D images, this provides support to further advanced applications in robotics and automation, hence underlining the necessity of SWIR technology in any industry demanding high-quality, reliable data.

短波赤外線(SWIR)市場 - 2029年までの世界予測
Shortwave Infrared (SWIR) Market

“Non-industrial to account for the highest market share by vertical in the SWIR market.”

Industries like automotive and aerospace rely on calculated, precise quality control and inspection. With increased manufacturing and varied demands of the market, higher levels of precision are demanded, which can be catered by SWIR. These SWIR imagers provide the capabilities needed to meet the market requirements. Furthermore, increased automation in manufacturing is further set to fuel the growth of the SWIR market. SWIR allows quality control and the detecting of defects in electronics and semiconductors. For oil and gas applications, it monitors equipment and detects leaks. These features and performances make it strategic for such high-tech and safety-oriented industries.

短波赤外線(SWIR)市場 - 2029年までの世界予測
Shortwave Infrared (SWIR) Market – Global Forecast To 2029

“Security & surveillance by use case to account for second-highest CAGR in SWIR during the forecast period.”

SWIR imagers are utilized by a few businesses like aviation, defense, investigative research facilities, and scientific research. They are highly regarded for identifying little disturbances in separations with high accuracy, vital to maintaining required levels. Businesses are progressively keeping up with the high benchmarks and quality control. Advanced imaging devices such as SWIR imagers are anticipated to drive market growth. SWIR cameras ensure superior imaging under low-light conditions and in adverse conditions. Therefore, they are highly effective in night-time or obscured surveillance applications. Growing security concerns automatically increase the demand for advanced surveillance solutions. SWIR technology enables detecting and identifying an object or a person in any setting—critical in security applications.

“Uncooled by technology to account second highest market share in SWIR market during the forecast period.”

Businesses progressively are embracing SWIR in fabricating forms such as semiconductor creation and automotive building. SWIR offer higher quality control and inspection in measuring disturbances in separations, and positions, which are vital for fabricating forms keeping up quality benchmarks and compliances. As businesses work towards higher benchmarks and least resistances, demand for advanced imaging solutions is anticipated to rise booting showcase development.

“North American  region growing at second highest CAGR in SWIR market.”

The SWIR market in North America is projected to experience the second-highest CAGR mainly because of substantial investments in manufacturing technologies, particularly in the aerospace, defense, and automotive industries. The involvement of technology firms and research organizations also promotes the use of precise, advanced imaging tools. Moreover, the region’s emphasis on automation and quality assurance contributes to the growing need for SWIR to maintain product precision and effectiveness.

The study contains insights from various industry experts, from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:

  • By Company Type: Tier 1 – 38%, Tier 2 – 28%, and Tier 3 – 34%
  • By Designation: C-level Executives – 40%, Directors – 30%, and Others – 30%
  • By Region: North America – 35%, Europe –35%, Asia Pacific – 20%, and RoW – 10%

The key players operating in the SWIR market are Collins Aerospace (US), Corning Incorporated (US), Allied Vision Technologies GmbH (Germany), Teledyne FLIR LLC (US), and Leonardo DRS (US), and others.

Research Coverage:

The research reports the SWIR market has been segmented based on imaging type, by offering, by technology, by use-case, by vertical, and by region.  Based on imaging type, the market has been segmented into spectral, thermal, and hyperspectral imaging. Based on offering, the market has been segmented into modules, cameras, and others. Based on technology, the market has been segmented into cooled and uncooled. Based on the case, the market has been segmented into security & surveillance, monitoring & inspection, and detection. Based on vertical, the market has been segmented into industrial and non-industrial. The market by region has been segmented into North America, Europe, Asia Pacific, and RoW.

The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the retail automation market. A detailed analysis of the key industry players has been done to provide insights into their business overviews, products, key strategies, contracts, partnerships, and agreements. New product & and service launches, mergers and acquisitions, and recent developments associated with the SWIR market have been covered in the report. This report covers a competitive analysis of upcoming startups in the SWIR market ecosystem.

Key Benefits of Buying the Report

Analysis of key drivers (Enhanced vision and 3D sensing by SWIR in automotive vertical, Rising security concerns), restraints (Less signal-to-noise ratio of SWIR Cameras, temperature influence on image quality), opportunities (Use in disaster management and response, Potential of SWIR in smartphones), and challenges (Lower resolution and pixel count of SWIR imagers, Fundamental limits in FOV) influencing the growth of the SWIR market.

  • Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the SWIR market.
  • Market Development: Comprehensive information about lucrative markets – the report analyses the SWIR market across varied regions.
  • Market Diversification: Exhaustive information about new products/services, untapped geographies, recent developments, and investments in the SWIR market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Collins Aerospace (US), Teledyne FLIR LLC (US), Leonardo DRS (US), Allied Vision Technologies (Germany), and Corning Incorporated (US), etc.

Table of Contents

1            INTRODUCTION            22

1.1         STUDY OBJECTIVES      22

1.2         MARKET DEFINITION   22

1.3         STUDY SCOPE  23

1.3.1      MARKETS COVERED AND REGIONAL SCOPE     23

1.3.2      INCLUSIONS AND EXCLUSIONS 24

1.3.3      YEARS CONSIDERED     25

1.4         CURRENCY CONSIDERED          25

1.5         UNITS CONSIDERED     26

1.6         LIMITATIONS   26

1.7         STAKEHOLDERS            26

1.8         SUMMARY OF CHANGES            26

2            RESEARCH METHODOLOGY     28

2.1         RESEARCH DATA           28

2.1.1      SECONDARY AND PRIMARY RESEARCH 30

2.1.2      SECONDARY DATA       31

2.1.2.1   List of key secondary sources           31

2.1.2.2   Key data from secondary sources     31

2.1.3      PRIMARY DATA 32

2.1.3.1   List of primary interview participants             32

2.1.3.2   Breakdown of primaries     32

2.1.3.3   Key data from primary sources         33

2.1.3.4   Key industry insights          34

2.2         MARKET SIZE ESTIMATION METHODOLOGY    34

2.2.1      BOTTOM-UP APPROACH           35

2.2.1.1   Approach to arrive at market size using bottom-up analysis

(demand side)     35

2.2.2      TOP-DOWN APPROACH             36

2.2.2.1   Approach to arrive at market size using top-down analysis

(supply side)        36

2.3         MARKET BREAKDOWN AND DATA TRIANGULATION    38

2.4         RESEARCH ASSUMPTIONS         39

2.5         RESEARCH LIMITATIONS           39

2.6         RISK ANALYSIS 39

3            EXECUTIVE SUMMARY 40

4            PREMIUM INSIGHTS      44

4.1         ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SWIR MARKET 44

4.2         SWIR MARKET, BY INDUSTRY    44

4.3         SWIR MARKET, BY USE CASE     45

4.4         SWIR MARKET, BY IMAGING TYPE         45

4.5         SWIR MARKET IN NORTH AMERICA, BY IMAGING TYPE AND COUNTRY              46

4.6         SWIR MARKET, BY COUNTRY    47

5            MARKET OVERVIEW     48

5.1         INTRODUCTION            48

5.2         MARKET DYNAMICS     48

5.2.1      DRIVERS            49

5.2.1.1   Mounting demand for smart vehicles and automation solutions 49

5.2.1.2   Rising adoption of security measures to prevent theft and terrorism         49

5.2.1.3   Increasing deployment of advanced technologies to meet food safety standards              50

5.2.2      RESTRAINTS     50

5.2.2.1   Low signal-to-noise ratio of images taken by SWIR cameras       50

5.2.2.2   High sensitivity to temperature changes         51

5.2.3      OPPORTUNITIES           51

5.2.3.1   Rising need for advanced tools to improve situational awareness 51

5.2.3.2   Integration of SWIR technology into smartphones       52

5.2.4      CHALLENGES   52

5.2.4.1   Lower resolution and pixel count of SWIR images        52

5.2.4.2   Limitations associated with optics and sensor design    53

5.3         VALUE CHAIN ANALYSIS            53

5.4         ECOSYSTEM ANALYSIS 54

5.5         TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS       56

5.6         PRICING ANALYSIS        56

5.6.1      AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY OFFERING              57

5.6.2      INDICATIVE PRICING TREND, BY IMAGING TYPE           58

5.6.3      INDICATIVE PRICING TREND, BY REGION          58

5.7         TECHNOLOGY ANALYSIS           59

5.7.1      KEY TECHNOLOGIES    59

5.7.1.1   Indium gallium arsenide (InGaAs)   59

5.7.2      COMPLEMENTARY TECHNOLOGIES     59

5.7.2.1   Thermal management systems         59

5.7.2.2   Cloud    59

5.7.3      ADJACENT TECHNOLOGIES      60

5.7.3.1   Mid-wave infrared (MWIR) imaging cameras 60

5.7.3.2   Long-wave infrared (LWIR) imaging cameras              60

5.8         PORTER’S FIVE FORCES ANALYSIS         60

5.8.1      THREAT OF NEW ENTRANTS    62

5.8.2      THREAT OF SUBSTITUTES         62

5.8.3      BARGAINING POWER OF SUPPLIERS     62

5.8.4      BARGAINING POWER OF BUYERS           62

5.8.5      INTENSITY OF COMPETITIVE RIVALRY 62

5.9         KEY STAKEHOLDERS AND BUYING CRITERIA    63

5.9.1      KEY STAKEHOLDERS IN BUYING PROCESS         63

5.9.2      BUYING CRITERIA         64

5.10       CASE STUDY ANALYSIS 65

5.10.1    RESEARCHERS ADOPT ALLIED VISION TECHNOLOGIES’ GOLDEYE SWIR CAMERAS TO ANALYZE WATER ABSORPTION       65

5.10.2    PHARMACEUTICALS INDUSTRY USES PROPHOTONIX’S COBRA HYPERSPEC IMAGING SOLUTIONS TO IDENTIFY EMPTY BLISTERS AND FOREIGN PILLS 65

5.10.3    RADIANT OPTRONICS LEVERAGES ALLIED VISION TECHNOLOGIES’ GOLDEYE G-008 SWIR CAMERAS TO REDUCE SILICON CRACKS 66

5.10.4    LYTID’S SIRIS SWIR CAMERA PROVIDES HIGH-SPEED FULL-FRAME IMAGES FOR ASTROPHYSICAL OBSERVATIONS 66

5.10.5    CINOGY TECHNOLOGIES INSTALLS ALLIED VISION TECHNOLOGIES’ GOLDEYE G-008 SWIR CAMERAS TO ENSURE STABILITY OF LASER SIGNALS              67

5.11       INVESTMENT AND FUNDING SCENARIO            67

5.12       TRADE ANALYSIS          68

5.12.1    IMPORT SCENARIO (HS CODE 902750)  68

5.12.2    EXPORT SCENARIO (HS CODE 902750)  69

5.13       PATENT ANALYSIS        70

5.14       KEY CONFERENCES AND EVENTS, 2024–2025     72

5.15       REGULATORY LANDSCAPE       73

5.15.1    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          73

5.15.2    REGULATIONS AND STANDARDS          76

5.16       IMPACT OF GEN AI/AI ON SWIR MARKET           79

5.16.1    TOP USE CASES 80

5.16.2    CASE STUDY: AGRICOLA MODERNA INTEGRATES SPECIM FX10E HYPERSPECTRAL CAMERA TO GATHER DETAILED SPECTRAL DATA USING AI              82

5.16.3    INTEGRATION OF AI WITH SWIR TECHNOLOGY            82

6            SWIR IMAGING PLATFORMS     83

6.1         INTRODUCTION            83

6.2         HANDHELD DEVICES   83

6.3         FIXED/STATIONARY SYSTEMS  84

6.4         UAV/DRONE-BASED SYSTEMS  84

7            SWIR SYSTEM ARCHITECTURES             85

7.1         INTRODUCTION            85

7.2         SENSORS           85

7.2.1      INDIUM GALLIUM ARSENIDE    86

7.2.2      INDIUM ANTIMONIDE  86

7.2.3      LEAD SULFIDE 87

7.2.4      MERCURY CADMIUM TELLURIDE          88

7.2.5      OTHER SENSORS           89

7.3         OPTICS 89

7.4         ELECTRONICS  89

7.5         OTHER SYSTEM ARCHITECTURES         90

8            SWIR MARKET, BY IMAGING TYPE         91

8.1         INTRODUCTION            92

8.2         SPECTRAL         93

8.2.1      LINE SCAN         96

8.2.1.1   Adoption in industries to deliver high-resolution images and detect detects to boost segmental growth     96

8.2.2      AREA SCAN       97

8.2.2.1   Ability to enhance diagnostic accuracy, treatment precision, and medicine research to fuel segmental growth    97

8.3         THERMAL         98

8.3.1      REQUIREMENT FOR HIGH-QUALITY IMAGES IN SECURITY AND SURVEILLANCE OPERATIONS TO ACCELERATE SEGMENTAL GROWTH 98

8.3.2      PASSIVE             100

8.3.3      ACTIVE 100

8.4         HYPERSPECTRAL           101

8.4.1      PUSHBROOM/LINE SCAN           104

8.4.1.1   Rising need for scanners allowing rapid and continuous data collection to foster segmental growth 104

8.4.2      SNAPSHOT        104

8.4.2.1   Increasing focus on speeding up diagnostic and monitoring processes to contribute to segmental growth           104

8.4.3      OTHER HYPERSPECTRAL IMAGING TYPES         105

9            SWIR MARKET, BY OFFERING    106

9.1         INTRODUCTION            107

9.2         MODULES         108

9.2.1      COMPACT, LIGHTWEIGHT, AND LOW ENERGY CONSUMPTION TO CONTRIBUTE TO SEGMENTAL GROWTH           108

9.3         CAMERAS          109

9.3.1      ADOPTION FOR SECURITY MONITORING PURPOSES IN RESIDENTIAL AND COMMERCIAL BUILDINGS TO EXPEDITE SEGMENTAL GROWTH  109

9.4         OTHER OFFERINGS       111

10          SWIR MARKET, BY TECHNOLOGY          113

10.1       INTRODUCTION            114

10.2       COOLED            116

10.2.1    ABILITY TO REDUCE THERMALLY INDUCED NOISE AND OPTIMIZE SPECTRAL FILTERING TO AUGMENT SEGMENTAL GROWTH    116

10.3       UNCOOLED      117

10.3.1    LOW COSTS AND LONG SERVICE LIVES TO CONTRIBUTE TO SEGMENTAL GROWTH 117

11          SWIR MARKET, BY USE CASE     119

11.1       INTRODUCTION            120

11.2       SECURITY & SURVEILLANCE     121

11.2.1    GROWING CONCERN ABOUT TERRORISM AND BORDER SECURITY TO FOSTER SEGMENTAL GROWTH 121

11.3       MONITORING & INSPECTION   122

11.3.1    INCREASING NEED FOR EARLY IDENTIFICATION OF MACHINERY ISSUES TO BOLSTER SEGMENTAL GROWTH      122

11.4       DETECTION     123

11.4.1    RISING EMPHASIS ON REAL-TIME MONITORING OF GAS LEAKS TO BOOST SEGMENTAL GROWTH 123

12          SWIR MARKET, BY INDUSTRY    125

12.1       INTRODUCTION            126

12.2       PROCESS           127

12.2.1    RISING ADOPTION OF INFRARED CAMERAS TO MONITOR INDUSTRIAL FURNACES AND DETECT IMPURITIES TO EXPEDITE SEGMENTAL GROWTH          127

12.2.2    CONSUMER ELECTRONICS        128

12.2.3    AUTOMOTIVE  128

12.2.4    AEROSPACE      129

12.2.5    ELECTRONICS & SEMICONDUCTORS    129

12.2.6    OIL & GAS          130

12.2.7    FOOD & BEVERAGES     130

12.2.8    GLASS  131

12.3       DISCRETE         132

12.3.1    INCREASING DEPLOYMENT OF ADVANCED INFRARED IMAGING TECHNOLOGIES TO IMPROVE SITUATIONAL AWARENESS TO AUGMENT SEGMENTAL GROWTH 132

12.3.2    MILITARY & DEFENSE   132

12.3.3    MEDICAL          133

12.3.4    SCIENTIFIC RESEARCH 134

12.3.5    OTHER DISCRETE INDUSTRIES 134

13          SWIR MARKET, BY REGION        135

13.1       INTRODUCTION            136

13.2       NORTH AMERICA          138

13.2.1    MACROECONOMIC OUTLOOK FOR NORTH AMERICA   138

13.2.2    US         141

13.2.2.1 Mounting adoption of infrared cameras to enhance military and security operations to fuel market growth      141

13.2.3    CANADA            142

13.2.3.1 Rising government initiatives to support aircraft manufacturing to augment market growth     142

13.2.4    MEXICO             142

13.2.4.1 Increasing deployment of advanced manufacturing technologies and electric vehicles to drive market     142

13.3       EUROPE             143

13.3.1    MACROECONOMIC OUTLOOK FOR EUROPE     144

13.3.2    UK         147

13.3.2.1 Rising emphasis on compliance with smart home regulations to contribute to market growth     147

13.3.3    GERMANY         148

13.3.3.1 Increasing production of passenger cars to accelerate market growth       148

13.3.4    FRANCE             149

13.3.4.1 Growing adoption of infrared cameras in food industry for moisture detection and food inspection to drive market        149

13.3.5    REST OF EUROPE           150

13.4       ASIA PACIFIC    151

13.4.1    MACROECONOMIC OUTLOOK FOR ASIA PACIFIC          151

13.4.2    CHINA  154

13.4.2.1 Burgeoning demand for advanced security and surveillance solutions to ensure public safety to fuel market growth  154

13.4.3    JAPAN  154

13.4.3.1 Shifting preference from traditional fuel-powered to battery electric vehicles to contribute to market growth            154

13.4.4    INDIA   155

13.4.4.1 Rising implementation of incentive programs for medical devices sector to foster market growth     155

13.4.5    REST OF ASIA PACIFIC  156

13.5       ROW     156

13.5.1    MACROECONOMIC OUTLOOK FOR ROW           156

13.5.2    SOUTH AMERICA           158

13.5.2.1 Rising investment in medical sector to contribute to market growth         158

13.5.3    MIDDLE EAST  159

13.5.3.1 Burgeoning adoption of advanced imaging solutions in industrial sectors to accelerate market growth   159

13.5.3.2 GCC countries     160

13.5.3.3 Rest of Middle East            160

13.5.4    AFRICA 161

13.5.4.1 Increasing investment in infrastructure development projects to boost segmental growth   161

14          COMPETITIVE LANDSCAPE       162

14.1       OVERVIEW        162

14.2       KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024     162

14.3       REVENUE ANALYSIS, 2019–2023 164

14.4       MARKET SHARE ANALYSIS, 2023             166

14.5       COMPANY VALUATION AND FINANCIAL METRICS        167

14.6       BRAND/PRODUCT COMPARISON          168

14.7       COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023   169

14.7.1    STARS  169

14.7.2    EMERGING LEADERS    169

14.7.3    PERVASIVE PLAYERS     169

14.7.4    PARTICIPANTS 169

14.7.5    COMPANY FOOTPRINT: KEY PLAYERS, 2023      171

14.7.5.1 Company footprint            171

14.7.5.2 Offering footprint 172

14.7.5.3 Technology footprint         173

14.7.5.4 Industry footprint 174

14.7.5.5 Region footprint  175

14.8       COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023          176

14.8.1    PROGRESSIVE COMPANIES       176

14.8.2    RESPONSIVE COMPANIES          176

14.8.3    DYNAMIC COMPANIES 176

14.8.4    STARTING BLOCKS       176

14.8.5    COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023             178

14.8.5.1 Detailed list of key startups/SMEs   178

14.8.5.2 Competitive benchmarking of key startups/SMEs        179

14.9       COMPETITIVE SCENARIO          180

14.9.1    PRODUCT LAUNCHES  180

14.9.2    DEALS  181

15          COMPANY PROFILES    183

15.1       KEY PLAYERS   183

15.1.1    TELEDYNE FLIR LLC     183

15.1.1.1 Business overview 183

15.1.1.2 Products/Solutions/Services offered 184

15.1.1.3 Recent developments         185

15.1.1.3.1            Deals     185

15.1.1.4 MnM view           186

15.1.1.4.1            Key strengths/Right to win 186

15.1.1.4.2            Strategic choices  186

15.1.1.4.3            Weaknesses/Competitive threats     186

15.1.2    ALLIED VISION TECHNOLOGIES GMBH 187

15.1.2.1 Business overview 187

15.1.2.2 Products/Solutions/Services offered 187

15.1.2.3 Recent developments         188

15.1.2.3.1            Product launches 188

15.1.2.4 MnM view           188

15.1.2.4.1            Key strengths/Right to win 188

15.1.2.4.2            Strategic choices  188

15.1.2.4.3            Weaknesses/Competitive threats     189

15.1.3    CORNING INCORPORATED       190

15.1.3.1 Business overview 190

15.1.3.2 Products/Solutions/Services offered 191

15.1.3.3 Recent developments         192

15.1.3.3.1            Deals     192

15.1.3.4 MnM view           193

15.1.3.4.1            Key strengths/Right to win 193

15.1.3.4.2            Strategic choices  193

15.1.3.4.3            Weaknesses/Competitive threats     193

15.1.4    COLLINS AEROSPACE   194

15.1.4.1 Business overview 194

15.1.4.2 Products/Solutions/Services offered 194

15.1.4.3 Recent developments         195

15.1.4.3.1            Others   195

15.1.4.4 MnM view           195

15.1.4.4.1            Key strengths/Right to win 195

15.1.4.4.2            Strategic choices  195

15.1.4.4.3            Weaknesses/Competitive threats     196

15.1.5    LEONARDO DRS            197

15.1.5.1 Business overview 197

15.1.5.2 Products/Solutions/Services offered 199

15.1.5.3 Recent developments         200

15.1.5.3.1            Product launches 200

15.1.5.3.2            Deals     201

15.1.5.3.3            Others   201

15.1.5.4 MnM view           201

15.1.5.4.1            Key strengths/Right to win 201

15.1.5.4.2            Strategic choices  202

15.1.5.4.3            Weaknesses/Competitive threats     202

15.1.6    HAMAMATSU PHOTONICS K.K. 203

15.1.6.1 Business overview 203

15.1.6.2 Products/Solutions/Services offered 204

15.1.6.3 Recent developments         205

15.1.6.3.1            Deals     205

15.1.7    FLUKE CORPORATION 206

15.1.7.1 Business overview 206

15.1.7.2 Products/Solutions/Services offered 207

15.1.7.3 Recent developments         208

15.1.7.3.1            Product launches 208

15.1.8    SPECIM, SPECTRAL IMAGING LTD.        209

15.1.8.1 Business overview 209

15.1.8.2 Products/Solutions/Services offered 209

15.1.8.3 Recent developments         211

15.1.8.3.1            Deals     211

15.1.9    XENICS 212

15.1.9.1 Business overview 212

15.1.9.2 Products/Solutions/Services offered 212

15.1.10  NEW IMAGING TECHNOLOGIES (NIT)  216

15.1.10.1             Business overview 216

15.1.10.2             Products/Solutions/Services offered 217

15.1.10.3             Recent developments         218

15.1.10.3.1          Product launches 218

15.1.10.3.2          Deals     219

15.1.11  RAPTOR PHOTONICS   220

15.1.11.1             Business overview 220

15.1.11.2             Products/Solutions/Services offered 221

15.1.12  LYNRED             222

15.1.12.1             Business overview 222

15.1.12.2             Products/Solutions/Services offered 222

15.1.12.3             Recent developments         223

15.1.12.3.1          Deals     223

15.1.13  PHOTON ETC.  224

15.1.13.1             Business overview 224

15.1.13.2             Products/Solutions/Services offered 224

15.1.14  BASLER AG        227

15.1.14.1             Business overview 227

15.1.14.2             Products/Solutions/Services offered 228

15.1.14.3             Recent developments         228

15.1.14.3.1          Product launches 228

15.1.15  TESTO SE & CO.              229

15.1.15.1             Business overview 229

15.1.15.2             Products/Solutions/Services offered 229

15.2       OTHER PLAYERS           230

15.2.1    SIERRA-OLYMPIA TECH.            230

15.2.2    IRCAMERAS LLC            231

15.2.3    EPISENSORS     231

15.2.4    PRINSTON INFRARED TECHNOLOGIES, INC.     232

15.2.5    INFRATECH GMBH        233

15.2.6    COX CO., LTD   233

15.2.7    C-THERMAL     234

15.2.8    ZHEJIANG DALI TECHNOLOGY CO.,LTD.           234

15.2.9    AXIS COMMUNICATIONS AB     235

15.2.10  TONBO IMAGING          236

15.2.11  HGH     237

15.2.12  INVIEW TECHNOLOGIES           238

15.2.13  INTEVAC, INC.  239

15.2.14  SEEK THERMAL             240

15.2.15  TERABEE           241

16          APPENDIX         242

16.1       INSIGHTS FROM INDUSTRY EXPERTS   242

16.2       DISCUSSION GUIDE      243

16.3       KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL             246

16.4       CUSTOMIZATION OPTIONS      248

16.5       RELATED REPORTS       248

16.6       AUTHOR DETAILS         249

LIST OF TABLES

TABLE 1             SWIR MARKET: RESEARCH ASSUMPTIONS          39

TABLE 2             SWIR MARKET: RISK ANALYSIS  39

TABLE 3             ROLE OF COMPANIES IN SWIR ECOSYSTEM       55

TABLE 4             AVERAGE SELLING PRICE TREND OF SWIR CAMERAS OFFERED BY KEY PLAYERS, BY OFFERING (USD THOUSAND)        57

TABLE 5             INDICATIVE PRICING TREND OF SWIR CAMERAS, BY IMAGING TYPE,

2020–2023 (USD THOUSAND)     58

TABLE 6             INDICATIVE PRICING TREND OF SWIR CAMERAS, BY REGION,

2020–2023 (USD THOUSAND)     58

TABLE 7             PORTER’S FIVE FORCES ANALYSIS         61

TABLE 8             INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE USE CASES 63

TABLE 9             KEY BUYING CRITERIA FOR TOP THREE USE CASES       64

TABLE 10           IMPORT DATA FOR HS CODE 902750-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023 (USD MILLION)            68

TABLE 11           EXPORT DATA FOR HS CODE 902750-COMPLIANT PRODUCTS,

BY COUNTRY, 2019–2023 (USD MILLION)            69

TABLE 12           LIST OF MAJOR PATENTS, 2020–2024     71

TABLE 13           LIST OF KEY CONFERENCES AND EVENTS, 2024–2025    72

TABLE 14           NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 73

TABLE 15           EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 74

TABLE 16           ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 75

TABLE 17           ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 76

TABLE 18           SWIR MARKET, BY IMAGING TYPE, 2020–2023 (USD MILLION)              93

TABLE 19           SWIR MARKET, BY IMAGING TYPE, 2024–2029 (USD MILLION)              93

TABLE 20           SPECTRAL: SWIR MARKET, BY SCANNING TYPE, 2020–2023 (USD MILLION) 93

TABLE 21           SPECTRAL: SWIR MARKET, BY SCANNING TYPE, 2024–2029 (USD MILLION) 94

TABLE 22           SPECTRAL: SWIR MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)          94

TABLE 23           SPECTRAL: SWIR MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)          94

TABLE 24           SPECTRAL: SWIR MARKET, BY USE CASE, 2020–2023 (USD MILLION)          94

TABLE 25           SPECTRAL: SWIR MARKET, BY USE CASE, 2024–2029 (USD MILLION)          95

TABLE 26           SPECTRAL: SWIR MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)          95

TABLE 27           SPECTRAL: SWIR MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)          95

TABLE 28           SPECTRAL: SWIR MARKET, BY REGION, 2020–2023 (USD MILLION)          95

TABLE 29           SPECTRAL: SWIR MARKET, BY REGION, 2024–2029 (USD MILLION)          96

TABLE 30           THERMAL: SWIR MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)          98

TABLE 31           THERMAL: SWIR MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)          98

TABLE 32           THERMAL: SWIR MARKET, BY USE CASE, 2020–2023 (USD MILLION)          98

TABLE 33           THERMAL: SWIR MARKET, BY USE CASE, 2024–2029 (USD MILLION)          99

TABLE 34           THERMAL: SWIR MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)          99

TABLE 35           THERMAL: SWIR MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)          99

TABLE 36           THERMAL: SWIR MARKET, BY REGION, 2020–2023 (USD MILLION)          99

TABLE 37           THERMAL: SWIR MARKET, BY REGION, 2024–2029 (USD MILLION)          100

TABLE 38           HYPERSPECTRAL: SWIR MARKET, BY TYPE, 2020–2023 (USD MILLION)          101

TABLE 39           HYPERSPECTRAL: SWIR MARKET, BY TYPE, 2024–2029 (USD MILLION)          102

TABLE 40           HYPERSPECTRAL: SWIR MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION) 102

TABLE 41           HYPERSPECTRAL: SWIR MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION) 102

TABLE 42           HYPERSPECTRAL: SWIR MARKET, BY USE CASE, 2020–2023 (USD MILLION)          102

TABLE 43           HYPERSPECTRAL: SWIR MARKET, BY USE CASE, 2024–2029 (USD MILLION)          103

TABLE 44           HYPERSPECTRAL: SWIR MARKET, BY INDUSTRY, 2020–2023 (USD MILLION) 103

TABLE 45           HYPERSPECTRAL: SWIR MARKET, BY INDUSTRY, 2024–2029 (USD MILLION) 103

TABLE 46           HYPERSPECTRAL: SWIR MARKET, BY REGION, 2020–2023 (USD MILLION)          103

TABLE 47           HYPERSPECTRAL: SWIR MARKET, BY REGION, 2024–2029 (USD MILLION)          104

TABLE 48           SWIR MARKET, BY OFFERING, 2020–2023 (USD MILLION)              107

TABLE 49           SWIR MARKET, BY OFFERING, 2024–2029 (USD MILLION)              108

TABLE 50           MODULES: SWIR MARKET, BY IMAGING TYPE, 2020–2023 (USD MILLION)          109

TABLE 51           MODULES: SWIR MARKET, BY IMAGING TYPE, 2024–2029 (USD MILLION)          109

TABLE 52           CAMERAS: SWIR MARKET, BY IMAGING TYPE, 2020–2023 (USD MILLION)          110

TABLE 53           CAMERAS: SWIR MARKET, BY IMAGING TYPE, 2024–2029 (USD MILLION)          110

TABLE 54           CAMERAS: SWIR MARKET, BY IMAGING TYPE, 2020–2023 (THOUSAND UNITS)     111

TABLE 55           CAMERAS: SWIR MARKET, BY IMAGING TYPE, 2024–2029 (THOUSAND UNITS)     111

TABLE 56           OTHER OFFERINGS: SWIR MARKET, BY IMAGING TYPE, 2020–2023 (USD MILLION)     112

TABLE 57           OTHER OFFERINGS: SWIR MARKET, BY IMAGING TYPE, 2024–2029 (USD MILLION)     112

TABLE 58           SWIR MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)              115

TABLE 59           SWIR MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)              116

TABLE 60           COOLED: SWIR MARKET, BY IMAGING TYPE, 2020–2023 (USD MILLION)          117

TABLE 61           COOLED: SWIR MARKET, BY IMAGING TYPE, 2024–2029 (USD MILLION)          117

TABLE 62           UNCOOLED: SWIR MARKET, BY IMAGING TYPE, 2020–2023 (USD MILLION) 118

TABLE 63           UNCOOLED: SWIR MARKET, BY IMAGING TYPE, 2024–2029 (USD MILLION) 118

TABLE 64           SWIR MARKET, BY USE CASE, 2020–2023 (USD MILLION) 120

TABLE 65           SWIR MARKET, BY USE CASE, 2024–2029 (USD MILLION) 121

TABLE 66           SECURITY & SURVEILLANCE: SWIR MARKET, BY IMAGING TYPE,

2020–2023 (USD MILLION)          121

TABLE 67           SECURITY & SURVEILLANCE: SWIR MARKET, BY IMAGING TYPE,

2024–2029 (USD MILLION)          122

TABLE 68           MONITORING & INSPECTION: SWIR MARKET, BY IMAGING TYPE,

2020–2023 (USD MILLION)          123

TABLE 69           MONITORING & INSPECTION: SWIR MARKET, BY IMAGING TYPE,

2024–2029 (USD MILLION)          123

TABLE 70           DETECTION: SWIR MARKET, BY IMAGING TYPE, 2020–2023 (USD MILLION) 124

TABLE 71           DETECTION: SWIR MARKET, BY IMAGING TYPE, 2024–2029 (USD MILLION) 124

TABLE 72           SWIR MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)              127

TABLE 73           SWIR MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)              127

TABLE 74           PROCESS: SWIR MARKET, BY IMAGING TYPE, 2020–2023 (USD MILLION)          128

TABLE 75           PROCESS: SWIR MARKET, BY IMAGING TYPE, 2024–2029 (USD MILLION)          128

TABLE 76           DISCRETE: SWIR MARKET, BY IMAGING TYPE, 2020–2023 (USD MILLION)          132

TABLE 77           DISCRETE: SWIR MARKET, BY IMAGING TYPE, 2024–2029 (USD MILLION)          132

TABLE 78           SWIR MARKET, BY REGION, 2020–2023 (USD MILLION)  137

TABLE 79           SWIR MARKET, BY REGION, 2024–2029 (USD MILLION)  137

TABLE 80           NORTH AMERICA: SWIR MARKET, BY IMAGING TYPE, 2020–2023 (USD MILLION) 139

TABLE 81           NORTH AMERICA: SWIR MARKET, BY IMAGING TYPE, 2024–2029 (USD MILLION) 140

TABLE 82           NORTH AMERICA: SWIR MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 140

TABLE 83           NORTH AMERICA: SWIR MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 140

TABLE 84           EUROPE: SWIR MARKET, BY IMAGING TYPE, 2020–2023 (USD MILLION)          145

TABLE 85           EUROPE: SWIR MARKET, BY IMAGING TYPE, 2024–2029 (USD MILLION)          146

TABLE 86           EUROPE: SWIR MARKET, BY COUNTRY, 2020–2023 (USD MILLION)          146

TABLE 87           EUROPE: SWIR MARKET, BY COUNTRY, 2024–2029 (USD MILLION)          146

TABLE 88           ASIA PACIFIC: SWIR MARKET, BY IMAGING TYPE, 2020–2023 (USD MILLION) 153

TABLE 89           ASIA PACIFIC: SWIR MARKET, BY IMAGING TYPE, 2024–2029 (USD MILLION) 153

TABLE 90           ASIA PACIFIC: SWIR MARKET, BY COUNTRY, 2020–2023 (USD MILLION)          153

TABLE 91           ASIA PACIFIC: SWIR MARKET, BY COUNTRY, 2024–2029 (USD MILLION)          153

TABLE 92           ROW: SWIR MARKET, BY IMAGING TYPE, 2020–2023 (USD MILLION)          157

TABLE 93           ROW: SWIR MARKET, BY IMAGING TYPE, 2024–2029 (USD MILLION)          157

TABLE 94           ROW: SWIR MARKET, BY REGION, 2020–2023 (USD MILLION)              158

TABLE 95           ROW: SWIR MARKET, BY REGION, 2024–2029 (USD MILLION)              158

TABLE 96           MIDDLE EAST: SWIR MARKET, BY COUNTRY, 2020–2023 (USD MILLION)          159

TABLE 97           MIDDLE EAST: SWIR MARKET, BY COUNTRY, 2024–2029 (USD MILLION)          159

TABLE 98           SWIR MARKET: OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS,

2020–2024          162

TABLE 99           SWIR MARKET: DEGREE OF COMPETITION, 2023            166

TABLE 100         SWIR MARKET: OFFERING FOOTPRINT 172

TABLE 101         SWIR MARKET: TECHNOLOGY FOOTPRINT       173

TABLE 102         SWIR MARKET: INDUSTRY FOOTPRINT 174

TABLE 103         SWIR MARKET: REGION FOOTPRINT     175

TABLE 104         SWIR MARKET: DETAILED LIST OF KEYS STARTUPS/SMES              178

TABLE 105         SWIR MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES           179

TABLE 106         SWIR MARKET: PRODUCT LAUNCHES, JANUARY 2020−JULY 2024      180

TABLE 107         SWIR MARKET: DEALS, JANUARY 2020−JULY 2024           181

TABLE 108         TELEDYNE FLIR LLC: COMPANY OVERVIEW      183

TABLE 109         TELEDYNE FLIR LLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED          184

TABLE 110         TELEDYNE FLIR LLC: DEALS     185

TABLE 111         ALLIED VISION TECHNOLOGIES GMBH: COMPANY OVERVIEW              187

TABLE 112         ALLIED VISION TECHNOLOGIES GMBH: PRODUCTS/SOLUTIONS/

SERVICES OFFERED      187

TABLE 113         ALLIED VISION TECHNOLOGIES GMBH: PRODUCT LAUNCHES              188

TABLE 114         CORNING INCORPORATED: COMPANY OVERVIEW        190

TABLE 115         CORNING INCORPORATED: PRODUCTS/SOLUTIONS/SERVICES OFFERED   191

TABLE 116         CORNING INCORPORATED: DEALS       192

TABLE 117         COLLINS AEROSPACE: COMPANY OVERVIEW    194

TABLE 118         COLLINS AEROSPACE: PRODUCTS/SOLUTIONS/SERVICES OFFERED          194

TABLE 119         COLLINS AEROSPACE: OTHERS 195

TABLE 120         LEONARDO DRS: COMPANY OVERVIEW             197

TABLE 121         LEONARDO DRS: PRODUCTS/SOLUTIONS/SERVICES OFFERED          199

TABLE 122         LEONARDO DRS: PRODUCT LAUNCHES             200

TABLE 123         LEONARDO DRS: DEALS            201

TABLE 124         LEONARDO DRS: OTHERS         201

TABLE 125         HAMAMATSU PHOTONICS K.K.: COMPANY OVERVIEW 203

TABLE 126         HAMAMATSU PHOTONICS K.K.: PRODUCTS/SOLUTIONS/SERVICES OFFERED   204

TABLE 127         HAMAMATSU PHOTONICS K.K.: DEALS 205

TABLE 128         FLUKE CORPORATION: COMPANY OVERVIEW  206

TABLE 129         FLUKE CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED          207

TABLE 130         FLUKE CORPORATION: PRODUCT LAUNCHES  208

TABLE 131         SPECIM, SPECTRAL IMAGING LTD.: COMPANY OVERVIEW              209

TABLE 132         SPECIM, SPECTRAL IMAGING LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED   209

TABLE 133         SPECIM, SPECTRAL IMAGING LTD.: DEALS        211

TABLE 134         XENICS: COMPANY OVERVIEW 212

TABLE 135         XENICS: PRODUCTS/SOLUTIONS/SERVICES OFFERED  212

TABLE 136         NEW IMAGING TECHNOLOGIES (NIT): COMPANY OVERVIEW              216

TABLE 137         NEW IMAGING TECHNOLOGIES (NIT): PRODUCTS/SOLUTIONS/SERVICES OFFERED   217

TABLE 138         NEW IMAGING TECHNOLOGIES (NIT): PRODUCT LAUNCHES              218

TABLE 139         NEW IMAGING TECHNOLOGIES (NIT): DEALS  219

TABLE 140         RAPTOR PHOTONICS: COMPANY OVERVIEW    220

TABLE 141         RAPTOR PHOTONICS: PRODUCTS/SOLUTIONS/SERVICES OFFERED          221

TABLE 142         LYNRED: COMPANY OVERVIEW             222

TABLE 143         LYNRED: PRODUCTS/SOLUTIONS/SERVICES OFFERED 222

TABLE 144         LYNRED: DEALS             223

TABLE 145         PHOTON ETC: COMPANY OVERVIEW   224

TABLE 146         PHOTON ETC: PRODUCTS/SOLUTIONS/SERVICES OFFERED              224

TABLE 147         BASLER AG: COMPANY OVERVIEW        227

TABLE 148         BASLER AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED              228

TABLE 149         BASLER AG: PRODUCT LAUNCHES        228

TABLE 150         TESTO SE & CO.: COMPANY OVERVIEW 229

TABLE 151         TESTO SE & CO.: PRODUCTS/SOLUTIONS/SERVICES OFFERED              229

TABLE 152         SIERRA-OLYMPIA TECH.: COMPANY OVERVIEW             230

TABLE 153         IRCAMERAS LLC: COMPANY OVERVIEW             231

TABLE 154         EPISENSORS: COMPANY OVERVIEW      231

TABLE 155         PRINSTON INFRARED TECHNOLOGIES, INC.: COMPANY OVERVIEW        232

TABLE 156         INFRATECH GMBH: COMPANY OVERVIEW        233

TABLE 157         COX CO., LTD: COMPANY OVERVIEW   233

TABLE 158         C-THERMAL: COMPANY OVERVIEW      234

TABLE 159         ZHEJIANG DALI TECHNOLOGY CO.,LTD.: COMPANY OVERVIEW        234

TABLE 160         AXIS COMMUNICATIONS AB: COMPANY OVERVIEW      235

TABLE 161         TONBO IMAGING: COMPANY OVERVIEW           236

TABLE 162         HGH: COMPANY OVERVIEW      237

TABLE 163         INVIEW TECHNOLOGIES: COMPANY OVERVIEW            238

TABLE 164         INTEVAC, INC.: COMPANY OVERVIEW  239

TABLE 165         SEEK THERMAL: COMPANY OVERVIEW 240

TABLE 166         TERABEE: COMPANY OVERVIEW            241

LIST OF FIGURES

FIGURE 1           SWIR MARKET SEGMENTATION AND REGIONAL SCOPE              23

FIGURE 2           SWIR MARKET: RESEARCH DESIGN        28

FIGURE 3           SWIR MARKET: RESEARCH APPROACH 30

FIGURE 4           SWIR MARKET SIZE ESTIMATION METHODOLOGY        34

FIGURE 5           SWIR MARKET: BOTTOM-UP APPROACH           35

FIGURE 6           SWIR MARKET: TOP-DOWN APPROACH             36

FIGURE 7           SWIR MARKET SIZE ESTIMATION METHODOLOGY (SUPPLY SIDE)    37

FIGURE 8           SWIR MARKET: DATA TRIANGULATION             38

FIGURE 9           SWIR MARKET: RESEARCH LIMITATIONS           39

FIGURE 10         SPECTRAL SEGMENT TO HOLD LARGEST MARKET SHARE IN 2024      40

FIGURE 11         CAMERAS SEGMENT TO CAPTURE LARGEST MARKET SHARE IN 2029 41

FIGURE 12         MONITORING & INSPECTION SEGMENT TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD        41

FIGURE 13         UNCOOLED SEGMENT TO DOMINATE SWIR MARKET BETWEEN 2024 AND 2029           42

FIGURE 14         NORTH AMERICA TO ACCOUNT FOR LARGEST SHARE OF SWIR MARKET IN 2024             42

FIGURE 15         GROWING DEMAND FOR PRECISE INSPECTION AND SURVEILLANCE SYSTEMS TO BOOST MARKET GROWTH            44

FIGURE 16         PROCESS SEGMENT TO REGISTER HIGHER CAGR IN SWIR MARKET DURING FORECAST PERIOD   44

FIGURE 17         SECURITY & SURVEILLANCE SEGMENT TO HOLD LARGEST SHARE OF SWIR MARKET IN 2029            45

FIGURE 18         SPECTRAL SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2029  45

FIGURE 19         THERMAL SEGMENT AND US TO HOLD LARGEST SHARES OF NORTH AMERICAN SWIR MARKET IN 2024          46

FIGURE 20         CHINA TO EXHIBIT HIGHEST CAGR IN GLOBAL SWIR MARKET FROM 2024 TO 2029       47

FIGURE 21         DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES              48

FIGURE 22         IMPACT ANALYSIS: DRIVERS     49

FIGURE 23         IMPACT ANALYSIS: RESTRAINTS            50

FIGURE 24         IMPACT ANALYSIS: OPPORTUNITIES    51

FIGURE 25         IMPACT ANALYSIS: CHALLENGES          52

FIGURE 26         VALUE CHAIN ANALYSIS            53

FIGURE 27         SWIR ECOSYSTEM         54

FIGURE 28         TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS              56

FIGURE 29         AVERAGE SELLING PRICE TREND OF SWIR CAMERAS OFFERED BY KEY PLAYERS, BY OFFERING 57

FIGURE 30         PORTER’S FIVE FORCES ANALYSIS         61

FIGURE 31         KEY STAKEHOLDERS IN BUYING PROCESS FOR TOP THREE USE CASES        63

FIGURE 32         KEY BUYING CRITERIA FOR TOP THREE USE CASES       64

FIGURE 33         INVESTMENT AND FUNDING SCENARIO            67

FIGURE 34         IMPORT DATA FOR HS CODE 902750-COMPLIANT PRODUCTS,

BY COUNTRY, 2019–2023 (USD MILLION)            68

FIGURE 35         EXPORT DATA FOR HS CODE 902750-COMPLIANT PRODUCTS,

BY COUNTRY, 2019–2023 (USD MILLION)            69

FIGURE 36         PATENT APPLIED AND GRANTED, 2012–2023     70

FIGURE 37         THERMAL SEGMENT TO CAPTURE LARGEST SHARE OF SWIR MARKET IN 2024             92

FIGURE 38         CAMERAS SEGMENT TO HOLD LARGEST SHARE OF SWIR MARKET IN 2029             107

FIGURE 39         SWIR MARKET, BY TECHNOLOGY          115

FIGURE 40         UNCOOLED SEGMENT TO DOMINATE SWIR MARKET FROM 2024 TO 2029     115

FIGURE 41         SECURITY & SURVEILLANCE SEGMENT TO DOMINATE SWIR MARKET DURING FORECAST PERIOD   120

FIGURE 42         SWIR MARKET, BY VERTICAL    126

FIGURE 43         DISCRETE SEGMENT TO HOLD LARGER SHARE OF SWIR MARKET IN 2029             126

FIGURE 44         SWIR MARKET, BY REGION        136

FIGURE 45         NORTH AMERICA TO CAPTURE LARGEST SHARE OF SWIR MARKET IN 2024             136

FIGURE 46         NORTH AMERICA: SWIR MARKET SNAPSHOT    139

FIGURE 47         EUROPE: SWIR MARKET SNAPSHOT      145

FIGURE 48         ASIA PACIFIC: SWIR MARKET SNAPSHOT            152

FIGURE 49         SWIR MARKET: REVENUE ANALYSIS OF FOUR KEY PLAYERS, 2019–2023          164

FIGURE 50         MARKET SHARE ANALYSIS OF KEY PLAYERS OFFERING SWIR

TECHNOLOGIES, 2023  167

FIGURE 51         COMPANY VALUATION, 2023    167

FIGURE 52         FINANCIAL METRICS, 2023 (EV/EBITDA)            168

FIGURE 53         BRAND/PRODUCT COMPARISON          168

FIGURE 54         SWIR MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023 170

FIGURE 55         SWIR MARKET: COMPANY FOOTPRINT 171

FIGURE 56         SWIR MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023             177

FIGURE 57         CORNING INCORPORATED: COMPANY SNAPSHOT       191

FIGURE 58         LEONARDO DRS: COMPANY SNAPSHOT             198

FIGURE 59         HAMAMATSU PHOTONICS K.K.: COMPANY SNAPSHOT 204