How big is the shortwave infrared market?

The global shortwave infrared market size was estimated at 603.0 million in 2024 and is expected to reach USD 670.0 million in 2025.

What is the shortwave infrared market growth?

The global shortwave infrared market is expected to grow at a compound annual growth rate of 12.0% from 2025 to 2030 to reach USD 1,179.6 million by 2030.

Which segment accounted for the largest shortwave infrared market share?

North America dominated the SWIR market with a share of 41.0% in 2024. The region’s strong focus on military and defense applications drives demand for SWIR systems, particularly for surveillance and reconnaissance purposes. Additionally, the burgeoning medical and healthcare sectors are increasingly adopting SWIR technology for non-invasive diagnostics and imaging solutions.

Who are the key players in SWIR market?

Some key players operating in the SWIR market include Teledyne FLIR LLC, Corning Incorporated, Collins Aerospace, Allied Vision Technologies GmbH, Leonardo DRS, Hamamatsu Photonics K.K., Fluke Corporation, New Imaging Technologies (NIT), Raptor Photonics, Lynred