Global Shortwave Infrared (swir) Market Size & Outlook

The global shortwave infrared (swir) market size was estimated at USD 603.0 million in 2024 and is projected to reach USD 1,179.6 million by 2030, growing at a CAGR of 12% from 2025 to 2030.
Revenue, 2024 (US$M)
$603.0
Forecast, 2030 (US$M)
$1,179.6
CAGR, 2025 - 2030
12%
Report Coverage
Worldwide

Global shortwave infrared (swir) market highlights

  • The global shortwave infrared (swir) market generated a revenue of USD 603.0 million in 2024 and is expected to reach USD 1,179.6 million by 2030.
  • The market is expected to grow at a CAGR (2025 - 2030) of 12% by 2030.
  • In terms of segment, solution accounted for a revenue of USD 493.6 million in 2024.
  • Services is the most lucrative offering segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2024.
  • Country-wise, India is expected to register the highest CAGR from 2025 to 2030.

Global data book summary

Market revenue in 2024USD 603.0 million
Market revenue in 2030USD 1,179.6 million
Growth rate12% (CAGR from 2025 to 2030)
Largest segmentSolution
Fastest growing segmentServices
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSolution, Services

Other key industry trends

  • In terms of revenue, the North America accounted for 41.0% of the global shortwave infrared (swir) market in 2024.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, India is the fastest growing regional market and is projected to reach USD 38.0 million by 2030.

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Shortwave Infrared (SWIR) Market Companies

Name Profile # Employees HQ Website
Collins Aerospace View profile 10001+ Cedar Rapids, Iowa, United States, North America https://www.collinsaerospace.com
Fluke View profile 5001-10000 Everett, Washington, United States, North America http://www.fluke.com
Teledyne FLIR View profile 1001-5000 Wilsonville, Oregon, United States, North America http://www.flir.com
Corning Incorporated View profile - Corning, New York, United States, North America https://www.corning.com/
Leonardo SpA ADR View profile 51000 Piazza Monte Grappa 4, Rome, Italy, 00195 http://www.leonardocompany.com
Hamamatsu Photonics KK View profile 5795 325-6, Sunayama-cho, Naka-ku, Shizuoka Pref, Hamamatsu, Japan, 430-8587 http://www.hamamatsu.com

Global shortwave infrared (swir) market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to shortwave infrared (swir) market will help companies and investors design strategic landscapes.


Solution was the largest segment with a revenue share of 81.86% in 2024. Horizon Databook has segmented the Global shortwave infrared (swir) market based on solution, services covering the revenue growth of each sub-segment from 2017 to 2030.


  • Global Shortwave Infrared (SWIR) Offering Outlook (Revenue, USD Million, 2017-2030)
    • Solution
    • Services
  • Global Shortwave Infrared (SWIR) Imaging Type Outlook (Revenue, USD Million, 2017-2030)
    • Spectral Imaging
    • Thermal Imaging
    • Hyperspectral Imaging
  • Global Shortwave Infrared (SWIR) Technology Outlook (Revenue, USD Million, 2017-2030)
    • Uncooled
    • Cooled
  • Global Shortwave Infrared (SWIR) Vertical Outlook (Revenue, USD Million, 2017-2030)
    • Electronics and Communication
    • Medical and Healthcare
    • Food & Beverage
    • Automotive
    • Military and Defense
    • Others

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Horizon Databook provides a detailed overview of global-level data and insights on the Global shortwave infrared (swir) market , including forecasts for subscribers. This global databook contains high-level insights into Global shortwave infrared (swir) market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Global shortwave infrared (swir) market size, by regions, 2018-2030 (US$M)

Top 10 countries: Shortwave infrared (swir) market size, 2024 (US$M)

Global shortwave infrared (swir) market share, by offering, 2024 & 2030 (%, US$M)

Shortwave infrared (swir) market: Opportunity assessment by country

Global shortwave infrared (swir) market, by region, 2024 (US$M)

Global shortwave infrared (swir) market size, by regions, 2018-2030 (US$M)

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