The global SWIR market is expected to reach $97.9 million by 2019 - New Report by MicroMarket Monitor
(PRWEB) October 17, 2014 -- The global SWIR market report defines and segments the concerned market globally with analysis and forecast of revenue. This market is valued at $60.1 million in 2014, and is expected to reach $97.9 million by 2019, at a CAGR of 10.2% from 2014 to 2019.
Browse through the TOC of the global SWIR market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation of the market, and is supported by various tables and figures.
http://www.micromarketmonitor.com/market-report/short-wave-ir-reports-2257106270.html
SWIR detectors have been used for night vision, heat detection, and scientific application since decades. Product development over the years has caused change in the technology, size, and performance of the detectors. The size, weight, and power are the key parameters which define the performance of SWIR detectors.
Initially, SWIR Detectors were developed for the military and defense applications as it consists of imagers as well as detectors which detect objects in low light or total darkness using thermal radiations. Therefore, the detectors are used in various applications, such as people & motion detection, temperature measurement, fire & gas detection, and bio medical imaging. It consists of imagers as well as detectors which detect objects in low light or total darkness using thermal radiations. Thus, the night vision technologies with numerous applications are acting as a strong driver for SWIR market. The major regions contributing towards the SWIR market are North America, Latin America, Europe, and Asia-Pacific. The Asia-Pacific market is growing at a faster growth rate as compared to other regions in the SWIR market, owing to its continuously growing economy and large manufacturing base.
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This market is segmented and forecast based on materials, industry vertical, and geography. The market in terms of materials comprises Indium Gallium Arsenide (InGaAs), Mercury Cadmium Telluride (HgCdTe), Indium Antimonide (InSb), and Lead Sulfide (PbS). On the basis of industry vertical, the market is segmented into Semiconductor Industry, Manufacturing & Process Industry, Agriculture Industry, Scientific Research & Lifescience, Automotive Industry, Commercial, and Military & Defense. The market is further segmented and forecast based on geographies, covering North America, Latin America, Europe, and Asia-Pacific.
Early buyers will receive 10% customization on this report.
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This report includes market share and value chain analysis, along with market metrics, such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of the key players in this market.
Related Reports :
Global Mid Wave IR Market Research Report
Mid Wave IR market was valued at $72.5 million in 2013, growing at 10.7% annually, and is projected to reach $0.1 billion by the end of 2018. Mid Wave IR constitute 22.5% of Global IR Detector/Sensor Module market.
http://www.micromarketmonitor.com/market-report/mid-wave-ir-reports-8843506390.html
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